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NFT & DEFI
Minecraft Creators Will Stop Supporting In-Game NFTs
It doesn’t matter that the world’s largest video game companies like Activision or Tencent are making inroads into the world of NFTs; the developers of Minecraft want those tokens as far as possible from their…
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Amazon.eth ENS domain owner disregards 1M USDC buyout offer on OpenSea
On Tuesday, the Ethereum Name Service, or ENS, domain Amazon.eth received an offer for 1 million USD Coin (USDC), a stablecoin pegged to the United States dollar, from an anonymous wallet address on OpenSea. The offer to buy the ENS…
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Ethereum staking service Lido announces layer-two expansion
Crypto staking service provider Lido Finance has announced plans to expand staked Ether (stETH) support across the ecosystem of Ethereum Layer two (L2) networks. In a July 18 blog post, the Lido team noted that it would initially begin…
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DeFi Market Cap Dumped 75% in Q2, But User Activity Fared Better: Report
The first half of 2022 was a bumpy ride for crypto investors. With the crypto market still bleeding, investors are bemoaning losses as the DeFi market cap fell by over 74% in the second quarter of the year, according to…
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Latin Americans Most Bullish on Crypto, Ripple Study Found
According to a research conducted by the blockchain firm Ripple, residents of Latin America are the most inclined toward the digital asset industry. 50% of the surveyed think the sector will cause a significant impact on…
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Yahoo launching Metaverse events for Hong Kong residents under restrictions
Yahoo has announced a series of Metaverse and nonfungible token- (NFT)-related activities in Hong Kong, a day after Meta Platforms outlined its own metaverse plans for the region.Yahoo, a United States-based internet media company,…
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UNI, MATIC and AAVE surge after Bitcoin price bounces back above $20K
Crypto investors found cause for celebration on July 14 as the market experienced a positive trading session just one day after the Consumer Price Index (CPI) posted a June print of 9.1%, its highest level since 1981. Daily…
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Zac Prince Confronts Claims Comparing BlockFi to Celsius and Voyager
Crypto-focused hedge fund Pantera Capital (PC) published a blockchain letter titled “DeFi Worked Great” on Monday, arguing against a report titled “DeFi Has an Existential Problem” by Wall Street Journal. It stated that…
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GameStop Launches Long-Awaited NFT Marketplace
American video game retailer GameStop has finally launched its long-awaited non-fungible token (NFT) marketplace.
According to an official press release on Monday, the platform will enable gamers, creators, and…
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Playboy to launch first ‘MetaMansion’ in The Sandbox
According to a July 11 announcement, this virtual version of the Playboy mansion will feature a host of gaming, social and programmed events, along with future NFT collectible releases from the firm. Iconic and raunchy “lifestyle brand”…
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