Leading NFT marketplace OpenSea has acquired Gem, an Ethereum NFT marketplace aggregator that allows users to batch-buy digital collectibles from multiple platforms. OpenSea announced the move in an official release this morning, noting that the purchase is geared towards serving more advanced NFT buyers. CEO and co-founder Devin Finzer said:
Opinions
Here at Dacxi, our mission is to help everyday people grow their long-term wealth by investing in crypto and digital assets (like tokenized gold, platinum and silver) with confidence. Like any long-term investment, the security of crypto assets is paramount. So the Dacxi team pours a huge amount of energy
Non-fungible (or non-interchangeable) tokens are effectively assets that sit on the blockchain, each producing a unique impression in the form of a one-of-a-kind piece of media. We could be talking about paintings, images, films, music, GIFs – in short, anything that is able to claim a unique essence on the blockchain
Opinions
Cryptocurrency is considered one of the riskier assets across the board. From fund managers, economists, and investment advisors to the average person, nobody denies that. But on the other hand, it has made phenomenal gains. A $1000 invested in Bitcoin on Jan 1, 2021, would have yielded more than $1,
News
The Edge economy is fast on the rise, especially with the advent of Web 3 in the technological space. To achieve a fully decentralized web 3, we need an efficient and effective infrastructure-as-a-service (IaaS) solution for the node economy. As a secure and scalable node technology, the IaaS has the
Bitcoin along with the general crypto market has been struggling to reclaim its glory days from late last year, having plunged from over $60,000 to below $40,000. The flagship cryptocurrency, which managed to crush the $40,000 benchmark a few hours before the end of Sunday, has once
What’s your take on non-fungible tokens – a bubble waiting to pop, a passing fad, or the real deal? Well, according to the CEO of the world’s largest online retailer Amazon, NFTs will continue to grow. And what’s even more, Andy Jassy sees his company supporting NFT sales
Buying an NFT linked to a top entrepreneur or celebrity does not guarantee a massive return on investment. Sina Estavi, the founder of two Malaysia-based cryptocurrency companies, is having to swallow this bitter pill. During the hit of the NFT frenzy early last year, Estavi paid a whopping $2.9
With many social media platforms launching NFT marketplaces, Japan’s most popular social messaging app has joined the bandwagon. Line has officially launched its own NFT marketplace called LINE NFT. Following a partnership with Yoshimoto Kogyo, a major Japanese entertainment conglomerate, Line’s crypto and blockchain manager LVC Corporation will
Video game maker Sega is embarking on a five-year plan to create an interconnected framework of AAA titles that could incorporate Web3 technologies. Commenting on the decision to create “Super Game,” Sega’s producer Masayoshi Kikuchi said in a translated interview that “it is a natural extension for the future
Gary Vee-backed NFT basketball game Swoops has raised $3.5 million in a round led by Courtside Ventures and Alpaca VC. DraftKings CEO Jason Robins, Red Beard Ventures, Slow Ventures, and Gary Vee also took part in the round. “This is truly a game of skill with multiple user profiles
Crypto and NFT trading platform Coinbase is developing a three-part animated short film series that will feature characters from the Bored Ape Yacht Club (BAYC) NFT collection. Here's how you can help us make this movie: 💡 Get @CoinbaseWallet 🎥 Submit your Bored Ape 🎬 Hide an easter egg — Coinbase (@coinbase)
NFTs have literally gone to the moon as retired NASA astronaut Kelly Scott officially released his first collection on Tuesday. The “Dreams Out of this World” NFT series was created by Kelly in collaboration with NFT startup Orange Comet to support relief efforts in Ukraine. The collection of 3,333
According to the NASDAQ 100 index, the interrelationship between the crypto market’s largest asset Bitcoin and big tech stocks is on the rise. This rise has been noticeable since the start of the pandemic. However, the 40-day correlation between Bitcoin and the Nasdaq 100 index peaked at 0.6945
News
MappedSwap, a DEX on Eurus with over $6 billion in liquidity locked in pools to provide fast and low slippage trading of supported pairs, will be distributing 800,000 MST in a month-long campaign starting from April 13, 2022. Highlighting MappedSwap's Product Offerings: 10X Leverage, Staking, and Referral
NFT News
Despite the lack of clarity from the Chinese government regarding digital collectibles, the Sichuan province of Southwest China is working on an NFT trading platform. The move is a strategy by the cultural and tourism authority in the region to “encourage the music industry to actively adopt modern technology.” Sichuan