Earlier this week, news broke that the Ronin Network sidechain, the blockchain behind the popular Ethereum NFT game Axie Infinity, was hacked. The attacker(s) stole about $622 million worth of crypto funds from the bridge connecting Ronin to Ethereum. Following the security breach, Axie Infinity developer Sky Mavis has
Unlike its stringent stance on cryptocurrencies like Bitcoin, China has not been quite explicit with its take on non-fungible tokens (NFTs). This lack of clarity has allowed several China-based companies to venture into the world of digital collectibles amid the air of uncertainty. However, it appears that social media giants
News
At their inception, digital assets were incredibly niche, with only the most dedicated financial and tech-related enthusiasts adopting them. That has significantly changed, with most investors looking at digital assets as an integral part of any portfolio. The space has seen such meteoric growth that the average daily digital asset
News
Social crypto investment platform Zignaly secured a strategic partnership with GotBit, which acts as a market maker for centralized and decentralized exchanges as well as a blockchain consulting service. The partnership will enable Zignaly’s recently launched launchpad, ZIGPad, to source some of the best-decentralized finance (DeFi) projects grown by
Opinions
While DeFi has long been labelled as “Wild West” of crypto, it is the storage of untamed opportunities for the ones who apply proper tactics to uncover them. Since day one, volatility has remained the number-one concern – but the other side of the coin has been the chance to multiply
News
Over the last few months, the cryptocurrency space has been incredibly volatile. The crash of Bitcoin that recently occurred brought the token’s price to around $35,000, only a few months after its all-time high of over $60 thousand per coin. Bitcoin has seen a slight resurgence in the
News
In the wake of the pandemic, the world’s most popular investment options and asset classes witnessed a sharp decline in value and potential. However, digital assets, especially non-fungible tokens (NFTs), rallied in the opposite direction creating a world of new investment opportunities for people across the globe. In this
News
Creator - Top 50 Blockchain-as-a-Service platform and a rising star in the blockchain industry - scales up with new initiatives to soar to new heights in the blockchain industry. Creator, a Blockchain-as-a-Service (BaaS) platform that provides full-fit services to empower the DeFi and NFT world, is gearing up with moves
NFT News
To support America’s National Youth HIV/Aids Awareness Day on 10 April, MAC Cosmetics is partnering with ConsenSys to release its first NFTs. The NFTs will be launched on Ethereum sidechain Polygon featuring art by the late Keith Haring. There are 5,275 NFTs in the collection, categorized into
The owner of Bored Ape #835 is probably beating himself up after mistakenly accepting a bid of $115 for his ape valued at over $300,000. In what appears to be a “fat finger” error, the OpenSea user who goes by the name “cchan” accepted a bid of $115 (115
In a possible metaverse play, Chinese e-commerce giant Alibaba Group Holding Limited has led a $60 million Series C+ funding round for augmented reality glasses maker Nreal. According to Nreal, the plan is to channel the funds into bolstering research and development, as well as accelerate its domestic and global
For several months, there have been reports of possible integration of Solana NFTs on OpenSea. The leading NFT marketplace finally confirmed the rumors yesterday. OpenSea unveiled a preview of its long-awaited NFT integration on the Solana on Tuesday, with a rollout slated for April. The teaser video sampled a series
Over the weekend, World of Women released a new Galaxy collection and it didn’t take long to sell out. The collection of 22,222 women avatars generated $79 million within the first 24 hours after launching. This includes $34 million in primary sales from the mint and $45 million
Press Releases
Non-Fungible Tokens (NFTs) took off in 2018 with CryptoKitties. However, most don't know that the NFTs appeared in 2014 before Ethereum changed the blockchain landscape with smart contracts. NFTs are unique creations allowing users to own digital assets with on-chain provenance. By tokenizing an art piece, for instance,
News
The rise in popularity of cryptocurrencies has turned digital assets into one of the fastest-growing markets in the world. With the total market capitalization having crossed $2 trillion, blockchain is showing no signs of slowing down, and this has sparked a lot of interest in the technology. Cryptocurrencies attract speculative
Press Releases
While crypto adoption has experienced an unprecedented rise in the last couple of years, statistics still point to using these digital currencies as investment tools rather than household purchases, as most experts predicted. By dint of this, no crypto holder can confidently walk into any store in Europe or any