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NFT & DEFI
Axie Infinity accounted for nearly two-thirds of blockchain-game NFT transactions in 2021
According to a recent report curated by NonFungible, players of the monster-battle nonfungible tokens, or NFTs, game Axie Infinity transacted nearly $3.5 billion worth of NFTs in 2021. This accounts for almost two-thirds of all NFTs…
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Monero, Kyber Network and Tornado Cash break out as traders pile into privacy protocols
Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future.Bitcoin (BTC) price surged to $42,600 in the early trading hours and…
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Decentralized Stablecoins To Prosper In 2022! Luna, Convex Finance, And Frax On Fire!
The persistent threat of stablecoin regulation and the centralized nature of USDT and USDC are stimulating the growth of decentralized stablecoins. Digital coins that are pegged to USD appear to be under serious threat as US Fed had a…
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KyberSwap Expands to Layer-2 Scaling Solution, Arbitrum
Kyber’s team stated that expensive gas fees and the network congestion on Ethereum left users, creating a need to solve it through Layer-2 scaling solutions such as Arbitrum.
The main objective behind the multi-chain…
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Retail Interest in Metaverse and NFTs at a 5-Month Low
Last year, Facebook rebranded its company name to Meta in a bid to pioneer the metaverse field, and ever since, this word has spread around like wildfire.
Non-fungible tokens (NFTs), on the other hand, were undoubtedly…
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Opensea phishing scandal reveals a security need across the NFT landscape
Despite the ongoing volatility plaguing the digital asset sector, one niche that has undoubtedly continued to flourish is the nonfungible token (NFT) market. This is made evident by the fact that a growing number of mainstream mover and…
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REN price gains 65% after Catalog launch brings a cross-chain DEX to its blockchain
Decentralized finance projects like Ren pumped in 2021, only to finish the year right back where they started as high fees on Ethereum (ETH) led to decreased activity for many protocols and DeFi took a backseat to more popular sectors…
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Will DeFi’s Be The Only Way Out For The Crypto Industry’s Ails This Q1?
The cryptoverse remains to be stuck in a quagmire, where digital assets have been bogging down on gains. With billions being already lost in the swamp, folks from the industry are now waiting for a pull out from the gloom. While…
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Gal Gadot Participates in $2.6M Funding Round for AdaSwap
AdaSwap – one of Cardano’s first decentralized finance (DeFi) protocols – recently raised $2.6M to build a new decentralized exchange (DEX) native to the developing blockchain. Funding was led by iAngels – a female-led…
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Deloitte Global Sports NFT Trade to Cross $2 Billion in 2022: Deloitte
The global sports NFT market will see a transaction count of over $2 billion this year, Deloitte’s Technology, Media, and Telecommunications (TMT) Predictions 2022 has said.
Throwing a spotlight on the emerging Indian…
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