LooksRare vs Opensea – the battle of the NFT marketplace 11
OpenSea is a popular marketplace where you can trade and collect NFT’s, rare digital items, and crypto collectibles. According to data collated from Dune Analytics, the marketplace reached its all-time high in volume traded on January 27, 2022. This popularity increase could be attributed to NFT’s seeing an enormous rise in...
Zilliqa (ZIL) Incorporates the ZRC-7 Standard to Benefit NFTs 15
The team at Zilliqa has incorporated the ZRC-7 standard for NFTs ZRC-7 standardizes the structure of NFT metadata to provide a simpler experience for NFT creators It provides a unified structure for NFTs, complementing previous standards of ZRC-1 and ZRC-6 The new standard was implemented after feedback from the community...
Treasure DAO Marketplace Exploited, 100+ NFTs Stolen 17
In brief: Treasure DAO has been exploited with hundreds of NFTs stolen The exploit was carried out through a series of transactions The hack was the result of a bug in distinguishing ERC721 and ERC1155 in ‘buyitem()’ The team at Treasure DAO has apologized to those affected and frozen the...
NFT Market Slumps As Trading On Ethereum And Solana Falls 18
OpenSea sales recorded a slight decline in February. The marketplace recorded sales worth $3.65 billion as compared to $5 billion reported last month Meanwhile, Avalanche and Flow Blockchains continue to soar despite the current NFT market slump The overall trading volume of NFTs recorded a slight slump in February, after...
STRIPE The Global Payments Giant To Accept Crypto And NFTs
Quick take: Stripe now supports crypto-related businesses This includes crypto exchanges, on-ramps, wallets and NFT marketplaces FTX and FTX.US has also partnered with Stripe for payments and KYC procedures The global payments provider of Stripe has announced that it is now supporting crypto businesses. The development at Stripe was announced...
Is Magic Eden the "Opensea" of Solana? 19
Solana NFT Marketplace is the second marketplace with the most transactions in the NFT sector. Magic Eden is the “Opensea” of Solana, with the majority of users using it to transact, they have captured 92.4% of the market share for gaming NFT’s The Magic Dao was launched as a way...
Banking Giant HSBC Buys Virtual Land in Sandbox 21
HSBC bank announced its new partnership with the Sandbox to explore the Metaverse domain. The partnership will enable the bank to purchase a plot of LAND in the Sandbox metaverse.  The partnership intends to establish connections with sports, esports, and gaming enthusiasts across the world. British banking giant HSBC has entered...
ApeCoin $APE Trading Volume Triggers Spike in ETH Gas Prices 23
Ethereum gas prices have soared as the ApeCoin token recorded staggering transaction and withdrawal volumes on popular decentralized exchange Uniswap. The governance token inspired by the highly-rated NFT collection Bored Apes Yacht Club has also experienced significant activity of crypto platforms like FTX. Due to massive surges in the trading...
ApeCoin (APE) Plummets by 83% on the First Day of Trading 24
Quick take: ApeCoin (APE) has had an eventful first day of trading hitting an all-time high of $39.40 and a low of $6.48 APE has since stabilized at $7.44 after being listed on Gemini, FTX and Binance However, if history is used as a guide, ApeCoin (APE) could experience more...