According to a report by Nansen, the peer-to-peer lending and borrowing platform Blend, established this month by the newly minted non-fungible token marketplace behemoth Blur, has already handled approximately 16,000 loans for a total of 123,500 ETH, or $225 million. The marketplace Blur soon overtook OpenSea in terms of trading
The NFT market, which faced a significant downturn last year, is now showing promising signs of a rebound. Optimism among investors regarding cryptocurrencies and the increasing demand for digital assets like Bitcoin have contributed to the overall rise in the cryptocurrency market. Based on the latest data, $OXBT BRC-20 NFTs
In a surprising turn of events, Peter Schiff, who has been openly critical of cryptocurrency for years and once dismissed NFTs as lacking value and prone to replication, is now gearing up to debut his own NFT art collection on the Bitcoin platform. I'm pleased to announce an art project
In a groundbreaking move, leading Formula 1 ticket provider, Platinum Group, has unveiled a revolutionary ticketing system for the upcoming Monaco Grand Prix. Partnering with blockchain infrastructure company Elemint and Web3 agency Bary, Platinum Group has created and released non-fungible token (NFT) race tickets, combining cutting-edge technology with the thrill
Since Counterparty’s Rare Pepes and operation code Easter eggs, the newest iteration of NFTs on Bitcoin, Ordinals, has sprung onto the scene. Bitcoin is now the world’s second most popular blockchain for NFTs, behind Ethereum which is still the most popular blockchain overall. Ethereum has handled $390 million in on-chain
Despite delays and technical challenges that impeded the user experience, Nike has sold over $1 million of its first non-fungible token (NFT) sneaker collection through the .SWOOSH Web3 platform. Nike’s much-anticipated virtual creations didn’t go on sale until May 15, over a week after their initial May 8 launch date.
As of right now, users of Binance NFT will be able to borrow cryptocurrency using their NFTs as security. Users will be able to swiftly and simply access liquidity by borrowing ETH against their NFTs thanks to the loans, which will be made available with a few high-profile NFT projects
Blur, a prominent NFT marketplace announced that the ETH borrowing platform unveils a groundbreaking feature that provides borrowers with greater flexibility in repaying their loans. Instead of the traditional requirement to repay the entire loan amount at once, borrowers can now make small, incremental payments over time. 1/ 🚨FEATURE ANNOUNCEMENT🚨
Class action litigation against NBA legend Shaquille O’Neal and his Astrals NFT project was announced on Twitter by web3 IP and corporate attorney Ariel Givner, Esq. She explained the lawsuit’s basis on Twitter. Noting that the plaintiffs claimed Shaq’s putative invention, the Astrals tokens, and NFTs, were unregistered securities. The
In a major development for the world of gaming and metaverses, Cyber Arena, a global crypto fighting club, has announced the launch of the first-ever metaverse built on DogeChain. Developed by Imperium Games studio, known for its impressive track record with over 30 million combat gaming downloads, Cyber Arena aims
