The new “Phygital” Toy Collection & Experience for the popular NFT collection Pudgy Penguins on the online retail behemoth Amazon has resulted in skyrocketing curiosity and sales. Over 20,000 Pudgy Penguins were sold in the first two days, resulting in sales of over $500,000, as reported by Luca Netz, CEO
Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has witnessed a continuous decline. The trading price of BTC has dropped below the $27K mark. Crypto analysts are suggesting that the trading price of Bitcoin will drop below the $25K mark if it continues to decline. Moreover, the market capitalization
A major shift is coming to the tokenomics of liquid staking behemoth Lido Finance. Members of the community want to include a staking function into LDO, as hinted at in a recent proposal. Users require 32 ETH, or approximately $60,000 at today’s pricing, to stake straight to the mainnet. To
The last seven days remarked a quiet stability in the market capitalization of Lido (LDO), Uniswap (UNI), and Maker (MKR), these are all within the DeFi space. The governance proposals of these DeFi spaces are significant and certain details regarding them are explained in this article. Last Week’s Updates Concerning
DIBA, the “first Bitcoin NFT marketplace” utilizing RGB smart contracts, launches on the mainnet. The platform aims to facilitate NFT migration from Ethereum to Bitcoin more than Bitcoin Ordinalds has. Digital Bitcoin Art and Assets, or DIBA, a US-based company, announced that it is launching “the first Bitcoin NFT marketplace,”
According to Scam Sniffer, a Web3 scam detection firm, there are reports of a recently surfaced scam as a service named “Inferno Drainer” that has allegedly managed to abscond with approximately $6 million from unsuspecting cryptocurrency users. Inferno Drainer purportedly offers pre-made code to scammers, enabling them to pilfer cryptocurrencies,
On May 19th, Jay Yao, a consultant working on the Paraspace NFT protocol, resigned from his job in the firm amid the ongoing controversy about the locations of the protocol’s funding. The missing funds and a storm of CEO and consultant charges against one another made headlines last week over
After a long downtrend, Ripple’s native cryptocurrency XRP gained momentum in the market and was spotted in the top gainers’ list for more than three days in a row, as per CoinMarketCap data. The XRP price is on a “bullish rampage,” as the altcoin traded for its sixth consecutive day
Reports indicate that Shibarium beta “Puppynet” has successfully processed 9,388,100 transactions since its launch on March 11. The current average block time on Shibarium beta “Puppynet” is 5.0 seconds, resulting in a total block number of 886,312. Furthermore, the number of wallet addresses has surpassed 15 million, reaching a significant
Tether, the top blockchain platform powering the world’s original and widely-used stablecoin, has joined forces with KriptonMarket. This collaboration seeks to revolutionize payment methods for small businesses in Argentina, specifically focusing on the Central Market of Buenos Aires. 🇦🇷KriptonMarket launches payment collaboration for small Businesses in Argentina with Tether. The
