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NFT & DEFI
How to identify toxic NFT gaming projects
Over the last couple of years, games using blockchain technology have been actively developing and attracting new players, and the decentralized games market — broadly referred to as GameFi — has gained great popularity. The GameFi…
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Three Arrow Capital and Celsius fall brings a tsunami of sell-off in DeFi
This past week, the decentralized finance (DeFi) ecosystem faced the brunt of the bears fueled by liquidation rumors of Three Arrow Capital (3AC) and Celsius liquidations. MakerDAO decided to cut off Aave (AAVE) from its direct deposit…
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Ethereum Whales Are Accumulating These DeFi Tokens
According to the data of WhaleStats, a blockchain tracking service the top 100 Ethereum whales have their eye on WOO. Which is the utility token that powers WOO Network, and a decentralized exchange (DEX) that aims to provide deep…
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Babel Finance Pauses Crypto Withdrawals Following Liquidity Troubles
Babel Finance – an Asian crypto lending platform coming off a $2 billion valuation – has revealed that it is facing liquidity pressures. In response, it has paused all withdrawals and redemptions from the products on its…
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Bill Gates Believes Crypto and NFTs Are Based on the Greater Fool Theory
The American business magnate and Co-Founder of Microsoft – Bill Gates – blasted non-fungible tokens (NFTs) for not providing any use-cases to society. In his view, cryptocurrencies and digital collectibles are based on…
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Bill Gates criticizes the intangible value of NFTs
Tech billionaire, and currently the world’s fourth-richest person, Bill Gates, spoke at the TechCrunch Climate Change conference Tuesday about the progress society has made in supporting the climate movement, his assessment of current…
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El Salvador ‘has not had any losses’ due to Bitcoin price dive, finance minister says
Alejandro Zelaya, the minister of finance of El Salvador, reacted to the recent media attacks on the nation’s strategy of investing in Bitcoin (BTC) by calling the allegations of fiscal risks “extremely superficial.”During a press…
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Here’s How DeFi Market Looks After Terra Collapse – Coinpedia – Fintech &…
Terra’s ecosystem had roughly 15% of the DeFi market share before its collapse last month. According to DeFiLlama data, this makes it the second-largest hub for all decentralized finance. But after a $40 billion network goes bankrupt,…
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NFT and Crypto Games Outperformed DeFi Amid Market Selloffs in May: Report
DApp discovery and analysis platform DappRadar released a detailed report analyzing the state of the crypto market in May. It mainly covered three areas: DeFi, NFT activities, and crypto games, stating that the Terra…
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Mastercard Partners With Immutable X, The Sandbox for NFT Purchases Without Crypto
Global payment technology company Mastercard is now enabling the purchase of non-fungible tokens (NFTs) using fiat.
For the new project, Mastercard has partnered with Immutable X, a layer-2 network for Ethereum. The…
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