As one of the main growing sub-sectors in the crypto industry, decentralized finance (DeFi) has faced a challenging year amid market dynamics, cyberattacks and regulatory uncertainty. Its future demands more transparency and clarity in the […]
The decentralized exchange Uniswap enabled NFT trading on its platform by listing digital collectibles a part of leading marketplaces, such as OpenSea, LooksRare, Sudoswap, and more. The initiative comes a few months after Uniswap acquired […]
Crypto collectibles and nonfungible token (NFT) marketplace OpenSea announced plans to integrate BNB Chain on Seaport Protocol by the end of Q4 2022. The integration will allow users to buy, list and trade BNB Chain […]
On Nov. 28, users of decentralized finance, or DeFi, lending platform Compound Finance passed a proposal to impose restrictions on the maximum borrowing of 10 tokens on the protocol. The proposal was put forth by […]
The rising popularity of decentralized autonomous organizations (DAO) reflects the growing tendency toward the creation of community-focused projects within the Web3 ecosystem. At its core, a DAO is an organizational structure that allows decentralized decision-making […]
Despite the negative news surrounding the crypto ecosystem, NFTs continue attracting large entertainment companies’ attention. This November 21, Mattel, one of the world’s largest toy companies, announced the launch of its own NFT marketplace, “Mattel […]
In this week’s newsletter, read about how a nonfungible token (NFT) protocol was affected by the FTX collapse leading to layoffs. Despite the effects of the FTX collapse, industry players within the NFT space are […]
Bitcoin (BTC) is forecasted to be a less enticing payment choice by cybercriminals as regulations and tracking technologies improve, thwarting their ability to safely move funds. Cybersecurity firm Kaspersky in a Nov. 22 report noted that […]
The fallout from FTX’s collapse has been devastating, and the market is poised for more losses. But according to a recent report by DappRadar, Web3 remains resilient. Centralized services are on the losing side. With […]
The Canadian singer and teen idol – Justin Bieber – made the headlines in January by purchasing an NFT from the BAYC collection for 500 ETH (around $1.3 million at the time). The intensifying bear […]
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