In April, Coinbase joined the league of crypto exchanges that offered NFT services. However, despite having more than four million users on its pre-launch waitlist, Coinbase NFT is turning out to be a massive flop. Three months in, the company’s so-called “Web3 social marketplace for NFTs” has registered 2,
Opinions
Gold-backed coins are a type of cryptocurrency that is backed by physical gold. These coins are designed to provide a stable store of value during periods of volatility in the crypto markets. These coins can let you purchase goods and services. You may also trade them on exchanges for other
Imagine purchasing a blue-chip NFT like Bored Ape and having the option to spread the payment across several months. While the idea of a scheduled periodic payment is popular in traditional finance, the crypto industry is slowly getting a hang of things. Teller, a decentralized finance (DeFi) lender, has introduced
At the height of the crypto boom in 2017, several people did the unimaginable to secure a spot in the crypto market. For instance, Dutch national Didi Taihuttu became a national sensation after he sold his house, car, bikes, and other valuable possessions to buy Bitcoin when the flagship cryptocurrency
With many social media giants hopping on the NFT trend, Reddit joined the party on Thursday with the launch of an NFT marketplace that will allow users to buy digital avatars at a fixed price in fiat. The NFT marketplace expands on Reddit’s previous avatar builder, launched two years
In what could be described as an error, OpenSea blacklisted over 24,000 ETH ($27 million) worth of NFTs on its platform. According to Dune Analytics, the leading NFT marketplace marked several token IDs and transactions, including those of top NFT collections like Bored Ape Yacht Club (BAYC), Mutant Ape
In what seems like a perfect symbiotic partnership, Betswap.gg and Oly Sport are teaming up to bring the first horse-racing NFT game to the BSGG platform. Leveraging the ever-growing popularity of interactive NFT gaming and Betswap’s growing reputation as the leading decentralized betting platform in the Web 3
News
With Bitcoin and the general crypto market posting losses, the number of active crypto users at Bank of America has fallen by more than 50% from its peak value. Per @BankofAmerica data, bank’s number of crypto users shrunk to <500,000 in May, down from >1 million
Press Releases
POODL Token is proud to announce the opening of its NFT minting phase. This next step upgrades POODL’s existing ecosystem, providing community holders with competitive rewards and additional utility through hand-worked 2D digital art and metaverse-enabled assets. The NFT minting brings another option for holders that supplements POODL’s
The United Arab Emirates is gearing up to launch its first hospital in the metaverse. The Medical Metaverse, which will become fully operational by October, will be under the management of Thumbay Group. It will be a fully functional virtual hospital where patients can visit using avatars that can also
Amid all the action from big tech companies around the metaverse, the University of Surrey is creating a new academy to focus on research applications for blockchain and the burgeoning metaverse industry. The Dean of the Surrey Business School, Professor Steve Wood, admitted that blockchain technologies are powering a new
News
Ranked amongst the 50 richest in crypto O.D. Kobo has warned investors to not expect much of a recovery in bitcoin anytime soon. Kobo who serves as the CEO of the digital asset investment firm Annex Capital has always been a big proponent of Bitcoin and Ethereum and its
Press Releases
Described as the first platform to allow users to long and short tokens, Logium is a decentralized derivative that aims to enable you to seamlessly predict the value of some of your favorite assets. Are you skeptical about DAO tokens? Do you think emerging meme tokens cannot live up to
While the general crypto market is currently struggling with extremely “fearful” sentiments, Jordan Belfort has admonished investors to view Bitcoin as a long-term prospect. Belfort, who inspired the 2013 movie “The Wolf of Wall Street,” gave his forecast about Bitcoin in an interview with Yahoo Finance. He advised Bitcoin holders
Vincenzo Sospiri Racing, a Lamborghini Squadra Corse GT racing team, has announced that it will be using NFTs to authenticate factory car parts. The initiative is part of a pilot scheme spearheaded by the company Go2NFT, a dedicated platform for creating branded digital collectibles, and it positions the multi-Championship winning
Metaverse
The parent company of Facebook, Meta, has announced plans to shut down its Novi wallet pilot project and money-transfer service. According to a notice on its official website, the pilot which launched last year will stop operating on Sept 1 and will prevent users from adding funds starting July 21.