OVR: Land Owners Meet Virtual and Augmented Reality
LongHash Ventures Leads $1.5 Million Pre-seed Funding Round for Web3 Game Data and Development Platform Particle Network
admin2022-05-04T14:55:00+00:00Singapore, Singapore, 4th May, 2022, Chainwire LongHash Ventures, one of Asia’s leading Web 3-focused venture funds and accelerator, has announced that it led a $1.5 million pre-seed funding round for Particle Network, a Web3 mobile game development platform that aims to accelerate game developers’ transition to Web3 by providing...
Opinion: WSJ Says the NFT Market Is Dying. It’s Wrong
admin2022-05-04T12:34:55+00:00
Key Takeaways
The Wall Street Journal has published a misleading article claiming that the NFT market is dying. The article cherry-picks examples of poorly-performing NFTs, highlighting the journalist's lazy reporting. In the same article, claims of an imbalance between supply and demand in the NFT market completely miss the value proposition of non-fungible tokens.Share this article
Data compiled by The Wall Street Journal suggests that the NFT market is in decline. However, active participants in the NFT market know that this...
As ETH whales go APE shopping, here’s what you should know before doing the same
admin2022-05-03T03:30:27+00:00Despite APE’s recent setback and a massive price correction, dominant buyers continue to show faith in the token. What’s going on here? ApeCoin crashed from $24.86 to $16.73 following Saturday’s Otherside sale. One of the reasons could be the congestion caused on the Ethereum blockchain through the minting of Otherdeed NFTs. This resulted in some failed transactions and services like Uniswap slowed down. Soon the flagship coin witnessed a fall in the number of holders...
Why MATIC is having a difficult time to recover despite record progress
admin2022-04-30T21:30:28+00:00Polygon has established its presence in the DeFi space and continues to do so, and this way, what Polygon lacks in the spot market is being fulfilled by killing it in the DeFi market.
Polygon has everyone’s attention
Polygon achieved a huge milestone recently after it hit 19000+ dApps this month. The DeFi network currently has over $3.69 billion locked in all, with over 8000 active teams on a monthly basis. The low gas fees and quick finality has been drawing developers...
Uniswap Deployed on Celo for Greener DeFi
admin2022-04-29T20:54:21+00:00
Key Takeaways
The popular DeFi exchange Uniswap has been deployed to the carbon-negative Proof-of-Stake blockchain Celo. By leveraging Celo, Uniswap will create "green asset liquidity pools" that make use of tokenized carbon credits. The decision will also provide Uniswap users with $10 million in financial incentives and help Uniswap reach mobile users.Share this article
The popular DeFi exchange Uniswap has been deployed to Celo following a community vote that concluded Apr. 29.Vote Succeeds Almost Unanimously
This week’s vote was overwhelmingly in support of deploying...
Aave Founder Returns to Twitter After Ban-Worthy Joke
admin2022-04-28T20:43:15+00:00
Key Takeaways
Aave founder Stani Kulechov was banned from Twitter this week after jokingly claiming to be Twitter's interim CEO. Kulechov complained about Twitter's decision to ban his long-standing profile; the site has since restored his account. He also argues that Elon Musk's plans for Twitter are not open enough, promoting his own Lens Protocol instead.Share this article
Aave founder Stani Kulechov returned to Twitter today following a tweet that earned him a fifteen-hour suspension.Aave Founder Claims to Be Twitter CEO
On Tuesday, Apr....
Opera Launches Beta Version of Their ‘Crypto Browser’ for iPhone and iPad
admin2022-04-24T07:35:03+00:00Recently, Opera (NASDAQ: OPRA), “the company behind the popular multi-platform web browser”, announced the launch of iOS support for their “Crypto Browser” project. According to the press release issued by Opera on April 14, “Web 3 is gaining momentum, with a record 34 thousand developers having joined the space in...
What SHIB flipping MATIC in terms of trading volumes means for traders
admin2022-04-23T21:30:50+00:00Ethereum whales have once again showcased their loyalty towards their favorite puppy, Shiba Inu. At press time, SHIB witnessed a minor 0.5% correction (24 hours) as it traded at the $0.00002 mark. However, over the last day, it has lost 5.19% of its value. Even so, the interesting point is- Despite near-term bearishness, whales continued to HODL.
Grabbing this puppy
According to a new tweet from the whale-tracking website WhaleStats, SHIB surpassed ETH layer-2 scaling...
Ethereum: Despite breakdown below $3k, why ETH still holds upward potential
admin2022-04-23T17:30:40+00:00Ethereum price shattered in the previous days after crossing the holy $3500 barrier in early April. In the past 36 hours, the ETH prices have fallen below $3000 after anticipations of the FOMC got through. The crypto ecosystem had been worried about the Federal Chair meet on Thursday which did not end well. To arrest inflation, the Fed has been under pressure to raise interest rates after resisting it throughout 2021. On Thursday, Federal Reserve Chair Jerome Powell statement raised alarm...