Cryptocurrency Analysis and News Portal
The Ethereum blockchain does not appear to have profited from this recent revival in DeFi and NFT activity, and faces issues related to its “network scalability, low transaction speeds and higher fees,” and increased competition from other layer-1 chains, the report said. Source
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Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether. Source
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A trio of studies published in November may shine some light on the social and psychological factors that motivate movement in the nonfungible token (NFT) market. Across three independent studies, researchers from Western University in Canada, Tilburg University in the Netherlands, the University of North Carolina at Chapel Hill in the
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Magic Eden has announced the launch of a multi-chain compatible crypto wallet browser extension, aiming to simplify user interaction across different blockchains. Magic Eden, a leading player in the NFT marketplace, is taking a significant step towards a more integrated and user-friendly crypto experience with its upcoming crypto wallet browser extension.
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Axie Infinity (AXS), the widely-played blockchain game and metaverse project, has unveiled a novel initiative, allowing its non-fungible token (NFT) owners the commercial rights to produce and sell authorized merchandise. This announcement coincides with Sky Mavis, the game’s developer, launching a dedicated merch store for the Axie Infinity intellectual property. According
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BLUR, the native token of non-fungible token (NFT) platform Blur surged by 22% on Friday after being listed on Binance's convert feature. Source
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A pseudonymous nonfungible token (NFT) trader made around $11 million in the recent airdrop reward distribution conducted by the NFT marketplace Blur. Dune analytics data showed that a wallet with the Ethereum Name Service (ENS) tag called “hanwe.eth” claimed a total of 22,851,000 Blur (BLUR) tokens in the season 2 airdrop
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With the new addition, CoinGecko wants to expand its crypto data API offering and monitor wash trading on marketplaces. Crypto data aggregator CoinGecko is doubling down on the NFT market with the latest acquisition aimed at expanding its API offering data on digital collectibles. In a blog announcement on Wednesday, Nov. 22,
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In this week’s newsletter, read about the creator of a Mutant Ape Yacht Club (MAYC) knock-off pleading guilty to fraud charges, check out how OpenSea’s non-fungible token (NFT) users received a massive phishing email campaign, and how Bitcoin transaction fees flipped Ethereum network fees as the hype for Ordinals resurfaced.
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And yet, sometimes the difference matters. It’s all well and good to transfer an NFT on the blockchain, until you can’t, because it’s in a dead wallet. From a legal perspective, you still own the NFT, because you still own the wallet, even though you can’t access it. But from
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