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NFT & DEFI
Former Alibaba Exec Foresees NFT Ticketing Benefiting More than Scalpers
NFT sales have had a rocky start in 2023 but the underlying technology still holds plenty of utility. Ticketing is an interesting yet underdeveloped facet of the NFT space. It stands out as a promising frontier for NFTs…
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Base launches mainnet bridge UI for end users, sets Aug. 9 for official launch
Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end users to onboard for the first time without relying on developer tools, according to an Aug. 3 announcement. The team has set Aug. 9 as…
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Curve emergency DAO terminates rewards for hack-related pools
The Curve Finance lending protocol has terminated governance token rewards for select liquidity pools affected by the July 30 Curve exploit and July 6 Multichain exploit, according to an Aug. 2 social media post from a member of the…
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Slow Recovery for DeFi Tokens on Positive Crypto Developments
It may not seem like it today, with crypto markets tanking, but DeFi assets have been steadily recovering over the past month, according to Glassnode.
On July 31, on-chain analytics platform Glassnode published a report…
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Ducati Partners With Ripple-Founded XRP Ledger for its First NFT Collection
Italian motorcycle manufacturer Ducati partnered with XRP Ledger to enter the Web3 space. The main goal is to launch its first-ever digital collectible, which is a video sequence of all the Ducati logos that have…
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Here’s how big food and beverage brands are using NFTs: Report
Nonfungible token (NFT) adoption is picking up steam across the food and beverage industry, with many fast-food chains showing interest in the asset class.A report by Research and Markets predicts that the global food and beverage NFT…
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US crypto bills on the move, Worldcoin launches, Russia’s CBDC…
Top Stories This Week
Crypto bills pass congressional committee in ‘huge win’ for US crypto
A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto…
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Coin Center Slams ‘Messy, Arbitrary, and Unconstitutional Approach’ of US Senate DeFi…
The bipartisan legislation introduced earlier this week – titled the Crypto-Asset National Security Enhancement (CANSEE) Act – that seeks to regulate the decentralized finance (DeFi) sector has caused quite a stir. Cypto…
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Fraudsters Stole $2.27M Worth NFTs in June: PeckShield
NFTs continue to attract not only more users but also capture the eyes of fraudulent entities. Web3 threat actors have set their sights on digital collectibles, with millions of funds being lost through different scams…
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McDonald’s in the metaverse, pro players to try Web3: Nifty Newsletter
In this week’s newsletter, read about how Reddit onboarded millions into Web3 through its nonfungible token (NFT) avatars, and check out McDonald’s first metaverse experience in The Sandbox. Find out why professional gamers are…
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