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...
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...
The widely anticipated Pixelmon NFT project became a source of ridicule upon its launch as the crypto Twitter addressed the art as one of the “worst NFT projects ever to have launched.” Pixelmon NFT was one of the most hyped and anticipated crypto NFT launches which had accumulated a staggering...
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...
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...
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...
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...
Quick take: Yuga Labs is planning virtual land sales this month and later in August The goal is to raise hundreds of millions of dollars as part of its metaverse initiative to expand beyond NFTs Yuga Labs aims to create a gaming metaverse, named MetaRPG MetaRPG will be compatible with...
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...
Summary: $Ape Coin token is launched on 16 March, 2022 by ApeDAO The tokens goal is to steward the growth of the Ape ecosystem in a fair and inclusive way. The token is available to trade in various exchanges such as FTX & Huobi Today, on March 16, 2022, ApeCoin...
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...
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...