Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
NFT
OpenFlux is Live: The Dypius-Incubated NFT Marketplace Welcomes Artists and WOD Players Worldwide
OpenFlux, the first NFT marketplace on Conflux eSpace, has officially launched. The platform is incubated by Dypius and fully backed by the Conflux Network and the leading DEX on Conflux, Swappi DEX. Its mission is to empower NFT artists, creators, and collectors with the means to trade NFTs safely and efficiently. It caters to numerous interests and creative expressions, including digital art, collectibles, music, virtual real estate, etc. Moreover, the marketplace invites World of Dypians (WOD) players to trade their CFX…
12 months ago
CoinMarketCap Catalyzes a New Era for Blockchain with Galaxis Incubation
In a groundbreaking move that underscores its commitment to fostering innovation in the blockchain space, CoinMarketCap (CMC) has unveiled its strategic incubation of Galaxis, marking a significant milestone in the evolution of blockchain-powered communities. This collaboration is set to ignite the digital collectibles market, leveraging Galaxis's cutting-edge decentralized no-code membership platform to empower community-driven projects like never before. Galaxis, already a respected name within the Web3 realm, gains an unparalleled advantage through this partnership, combining its advanced technology with CMC's…
1 year ago
World of Dypians Unveils Stunning Conflux Network Area Spanning 62,500 m2 and Upcoming NFT Marketplace
World of Dypians (WOD), one of the most exciting metaverse projects, revealed the latest development to its rapidly expanding digital universe. In a 1-minute Twitter video, we see a futuristic cityscape hub spanning an area of 62,500 square meters ready for in-depth exploration. The stunning visuals and cutting-edge designs promise an immersive journey that will elevate gameplay and deliver a unique gaming experience. WOD’s developer, Dypius, works actively to make World of Dypians live up to its expectations. The recent…
2 years ago
Facebook and Instagram Roll Out Polygon NFT Creation and Solana Support
Meta has now confirmed support for Solana and Polygon NFTs, including the ability to make and sell digital collectibles. Their support spans both Facebook and Instagram, where users can showcase their NFTs across both platforms. Meta confirmed the news in a tweet on Wednesday, followed by similar announcements from Solana and Polygon. “Soon you’ll be able to make and sell NFTs on Instagram, starting with Polygon,” said Meta. According to Polygon, the ability to mint and sell NFTs on the…
3 years ago
Stepn Founders Unveil New Creator-Friendly NFT Marketplace
Web3 gaming and development studio, Find Satoshi Lab, the creator of move-to-earn mobile game Stepn has just unveiled its new platform MOOAR. The new platform is a multichain, membership-based marketplace for non-fungible tokens and is the development company’s 3rd rollout since its 2021 launch. Empowering Web3 Creators Find Satoshi Lab announced the launch in a tweet earlier today. The team stated that the project was one of many one-stop platforms the company has planned for the Web3 space. MOOAR is…
3 years ago
Meta Unveils NFT Cross-Posting on Facebook and Instagram
In an update earlier today, global tech conglomerate Meta shared news of its latest moves surrounding digital collectibles. From September 29th, subsidiaries Facebook and Instagram will now allow users to link their virtual wallets with their accounts and also share non-fungible tokens. Users Across 100 Countries Can Access New Meta Feature Everyone on @instagram and @facebook can now share their digital collectibles in the US, and on Instagram in the previously announced 100+ countries,” Meta announced in a tweet .…
3 years ago
OpenSea Former Manager Calls for Dismissal of Insider Trading Charges
Lawyers serving Nate Chastain – a former Product Manager at OpenSea – are defending the ex-employee against charges of insider trading. They claim that no insider trading could have been possible in Chastain’s case because NFTs are neither securities nor commodities. Chastain Stands His Ground In a recent filing, the lawyers called for the dismissal of government charges against Chastain. “The government’s arguments are contrary to years of settled precedent and are a transparent effort to plant a flag in…
3 years ago
Existing Loans may Trigger Liquidity Crisis across BAYC and NFT Market: Report
Several BAYC and CryptoPunks collectors who put up their tokens as collateral backing for Ethereum loans have been unable to settle their dues. Crypto analysts believe this could mark the onset of the first major liquidation crisis in the NFT industry. BendDAO Loans and Possible Risks Rumors of a liquidation spiral began earlier this week following a post about NFT lending platform BendDAO. BendDAO is a web3 protocol that allows users to take out loans in Ethereum using their non-fungible…
3 years ago
Dapper Labs Officially Launches First NFL-Focused Video Collectible Platform
After months of private beta testing, football-focused NFT marketplace NFL All Day has finally opened its doors. NFL All Day is the first of its kind for football fans, and is similar to the marketplace NBA Top Shot which is targeted at a basketball audience. The new NFT platform emerged via a collaboration between the National Football League (NFL), the NFL Players Association (NFLPA), and blockchain company Dapper Labs. NFL All Day Now Open to Traders Dapper first shared plans…
3 years ago