Web3 Gaming Hits 1 Million Daily Active Wallets

The blockchain gaming sector has seen some promising growth in October 2023. Based on a report from DappRadar and the Blockchain Gaming Alliance, the sector crossed a milestone of 1 million daily unique active wallets (dUAW), representing a 16% increase from the other month. That figure represents a third of the whole sector activity for… Continue reading Web3 Gaming Hits 1 Million Daily Active Wallets

NHL Introduced NFT Highlight Hub

In a new development for hockey fans and enthusiasts, the National Hockey League (NHL), in collaboration with the NHL Alumni Association (NHLAA), NHL Players’ Association (NHLPA), and Sweet, a top-tier digital collectibles platform, recently introduced NHL Breakaway. This all-new digital collectibles highlight platform is designed to offer fans and collectors a highly interactive experience, enabling… Continue reading NHL Introduced NFT Highlight Hub

Animoca Brands Launched MoonRealm Express Accelerator With AWS And Polygon

Animoca Brands has formed a collaboration with Polygon Labs and Amazon Web Services (AWS) to launch the MoonRealm Express Accelerator. The innovative initiative is designed to help stimulate the development of Web3 solutions and products in various emerging fields. Boosting Growth In Decentralized Identity, GameFi, and SocialFi MoonRealm Express Accelerator is an important part of… Continue reading Animoca Brands Launched MoonRealm Express Accelerator With AWS And Polygon

Dairy Queen Dives Into NFT Market, Unleashes NFT Pop-Up Store In China

Dairy Queen collaborated with the local non-fungible token project Weirdo Ghost Gang (WGG), the famous ice cream brand, to unveil a pop-up NFT store in Chengdu, China. In recent years, NFTs have become notably popular, especially within the art realm. They provide a secure and verifiable means for artists, creators, and collectors to engage in… Continue reading Dairy Queen Dives Into NFT Market, Unleashes NFT Pop-Up Store In China

NFT Theft In China Now Categorized As Property Crime

In recent years, China has been extremely strict and in some cases banned all cryptocurrency, NFT, and digital asset investments within its jurisdiction. However, the latest reports indicate that the Chinese government has changed its previously rigid stance on digital asset regulation. Particularly, it officially recognized the theft of NFTs and other digital collections as… Continue reading NFT Theft In China Now Categorized As Property Crime

NFT Markets Awaken Amid Economic Downturn

NFT prices are continuing to rise, with November 6, 2023, marking their highest volume day in the last three months. One episode of The Simpsons prominently featured NFTs and sent an excitement wave through the market, powering the movement of derivative projects. CryptoPunks are holding over $90,000, potentially inspired by the news that BAYC co-founder… Continue reading NFT Markets Awaken Amid Economic Downturn

OpenSea Offloads 50% of Workforce In A Massive Restructuring Initiative

Top non-fungible token (NFT) marketplace OpenSea confirmed it will lay off 50% of its workforce in a huge restructuring move. CEO Devin Finzer highlighted in an X thread that the restructuring is meant to focus on “the next version” of their product. Early Reception And Achievements Launched in 2017, OpenSea appeared in the market when… Continue reading OpenSea Offloads 50% of Workforce In A Massive Restructuring Initiative

Magic Eden And Yuga Labs Collaborate To Unleash A New Ethereum-Based NFT Marketplace

Yuga Labs has formed a partnership with Magic Eden to launch a new NFT marketplace powered by the Ethereum blockchain. The venture highlights the commitment to leveraging blockchain technology to support content creators. The Magic Eden Ethereum marketplace, expected to be launched by the end of the year, distinguishes itself by being contractually bound to… Continue reading Magic Eden And Yuga Labs Collaborate To Unleash A New Ethereum-Based NFT Marketplace

CryptoPunks NFT Holders Can Now Acquire Physical Prints

A collaboration between online art store Avant Arte and CryptoPunks brand operator Yuga Labs has been confirmed, giving CryptoPunk NFTs holders the chance to own physical prints of their art collections. Avant Arte announced it will provide two types of physical CryptoPunks collections. The first is known as “Punk-On-Chain,” and it lets every punk owner… Continue reading CryptoPunks NFT Holders Can Now Acquire Physical Prints

Neon Machine Gets $20M In Series A Funding For ‘Shrapnel’ Game

Neon Machine has managed to secure $20 million in a recent Series A funding round for its highly expected Web3 game, “Shrapnel.” This massive investment comes after a successful seed round of $10.5 million in June 2021. The funding round acquired support from prominent investors, including Brevan Howard Digital, Polychain Capital, Franklin Templeton, Griffin Gaming… Continue reading Neon Machine Gets $20M In Series A Funding For ‘Shrapnel’ Game