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NFT & DEFI
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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NFT holders can earn millions through IP rights, says Apocalyptic Apes founder
While the most common way to earn money in the nonfungible token (NFT) space is by flipping the tokens for profit, there are other opportunities to earn money with NFTs as the market continues to develop. In a Cointelegraph interview,…
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Chainlink brings Keepers and VRF to the Avalanche blockchain
Blockchain oracle platform Chainlink (LINK) launched two of its services, Chainlink Keepers and Chainlink Verifiable Random Function (VRF) and integrated them into the Avalanche Primary Network, a special subnet within the Avalanche…
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DeFi 2.0 Suffers 98.5% Loss Amidst The Bear Market! Here Is Why
Mr. Jason Choi, a member of Forbes’ 30 Under 30 list, co-founded Spartan Group. The Spartan Group is APAC region’s most successful Web3 VC fund. Mr. Jason has expressed his thoughts on the current crypto “bottom.”DeFi 2.0 Lost 98.5% On…
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Cake DeFi Commits $1M to ESG Initiatives on Third Anniversary
June 7, 2022, marks Cake DeFi’s third anniversary. Reviewing its achievements, the Singapore-based financial technology platform noted that it has managed to record tremendous growth despite the bearish trends, averaging…
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Hong Kong Regulator Warns of Securitization Risks for NFTs
The Securities and Futures Commission (SFC) of Hong Kong recently issued a statement on the financial and legal risks surrounding non-fungible tokens (NFTs). It claims that such tokens are not only prone to the typical…
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