The NFT market has seen faded interest since the news about FTX’s potential collapse emerged. NFTs have seen market caps, transaction counts, and sales volume declines within the past four days. The NFT market suffered as the broad market endured the effects of FTX’s potential collapse. The non-fungible token market has seen declines in sales…
AXS hit its ATH at $166.09 on 6 November last year. Its price hovers below $10 at the moment. Axie Infinity is yet to recover from the March 2022 Ronin bridge hack. Axie Infinity is an ERC20 utility coin that also serves as a governance coin. Meanwhile, the alternative token has dropped beneath the $9.50…
Multiple metrics, including exchange reserves and MVRV Ratio, suggested more price dips. Market indicators aren’t favoring the alt, worrying SUSHI investors. SushiSwap hit the news again, joining the lust of Polygon’s top projects as far as Altranking is concerned. Market players might consider that as a massive bullish signal. Besides Polygon, SushiSwap topped the most…
Yuga Labs’ top-performing NFTS MAYC and BAYC endured challenges within the last few months amidst escalated bearish conditions in the financial space. Nevertheless, ETH price growth within the previous week saw MAYC and BAYC presenting northbound moves. DappRadar data shows MAYC and BAYC magnified their trading volume as ETH recorded price upticks. Besides the trading…
Polkadot released its latest weekly digest, highlighting all significant developments that the ecosystem experienced within the previous week. The updates appeared attractive as they increased the network’s capabilities while ensuring more value to users. For example, it mentioned the latest Darwinia and Moonbeam integrations. The new update will enable RING cross-chain coin transactions & connected…
Optimism (OP), a layer2 scaling solution, is the latest to onboard OpenSea’s multiple blockchain integration. The NFT marketplace revealed about working with the OP team and other projects on its marketplace for a while. Optimism is the 6th blockchain to join the marketplace, following its latest Arbitrum support. Surprisingly, it could appear that the addition…
Entertainment giant Disney is pushing further into metaverse and NFTs. The recent job post indicates that the company wants to recruit a principal counsel specializing in the metaverse, NFTs, decentralized finance, and blockchain technologies. The appointed counsel will guide Disney through its push into Web3. Some of the roles in the job post state that…
In August 2022, after the start of the NFL regular season, NFL All Day platform got launched. So far, the platform has seen an interesting pattern in its sale data. The users seem to purchase a lot more NFTs on Sundays and Mondays. These are the weekdays when real-world NFL games get played. While the…
The cryptocurrency space is vast and accumulative of other industries. Digital coins, tokens, and other virtual assets are very useful tools that have different functions in human daily living activities. Cryptocurrency is set to be infused into the film-producing and making industry. A Mexican-based film director has just revealed his plan to shoot and sponsor…
According to the company CEO, Ahren Posthumous, the NFTs will be launched into the marketplace In three different tiers; Gold, Bronze, and Silver. He stated that the company could get only ten proofs coin, which was kept due to non-use. The tokens would also be made more accessible and available to Africans. Momint Discovers Rare…
Tiffany and Co., a high profiled jewelry-making company have made its entry into the cryptocurrency space via non-fungible tokens. The company revealed that the necklace and pendant will be based on NFT and the jewelry will be produced in a limited edition. Tiffany’s entry and infusion of jewelry, pendants, and others into the cryptocurrency and…
High-level phishing has occurred on Uniswap v3 protocol. The campaign which targeted the liquidity provider saw the hackers make away with Ethereum. The minimum worth of the assets as of the time of reporting was put at $4.7 million. Uncertain Degree of Loss Uniswap community is saying the loss might be more. A security researcher…
