NFT & GameFi
Blur’s token has surged by 33% since its NFT marketplace rival OpenSea announced major layoffs. The news of OpenSea’s cutbacks has provided a significant boost to its competitor Blur, as reflected in the token's price movements. Initially, BLUR skyrocketed by 80%, from $0.15 to $0.
NFT & GameFi
Animoca Brands Japan has announced a strategic partnership with the Cool Cats NFT collection to expand Web3 into Japan’s anime market. On the evening of November 7, 2023, Animoca Brands' Japanese branch - a Hong Kong-based giant specializing in Web3 and NFT gaming projects - along with its
Big Cap
Crypto investment flows are making a robust comeback, aligning with Bitcoin's impressive recovery momentum in October. Crypto Investment Flows Strongly Rebounding According to CoinShares statistics, inflows into crypto investment products over the past 6 weeks have reached $767 million USD. This marks the highest figure since late 2021,
DeFi
The SushiSwap community is actively discussing a significant proposal aimed at changing the tokenomics of SUSHI, the platform’s native token. This proposal, introduced by CEO Jared Gray, seeks to enhance the utility of SUSHI and provide more sustainable benefits for participants. Proposal Details Background: * With the vesting schedule of
NFT & GameFi
Magic Eden is teaming up with Yuga Labs to develop a new marketplace exclusively for Ethereum NFTs. Magic Eden and Yuga Labs Launch New Ethereum NFT Marketplace Image: Coin Academy Magic Eden, a prominent NFT marketplace on the Solana network, is collaborating with Yuga Labs, the company behind renowned collections
NFT & GameFi
Several attendees of ApeFest over the past weekend reported eye problems such as burns and corneal inflammation, prompting them to seek medical help at hospitals. NFT Users Hospitalized After Yuga Labs' Event ApeFest, an event organized by Yuga Labs, the $4 billion startup behind Bored Ape Yacht Club (BAYC)
Big Cap
This whale wallet was previously owned by the 14th largest Bitcoin (BTC) holder as of March this year, with holdings totaling 46,500 coins. Whale Wallet Moves $244 Million Worth of Bitcoin to Exchange. Image: Bitcoin.com News A Bitcoin whale has deposited 7,000 Bitcoins, worth approximately $244 million,
Big Cap
Arbitrum DAO has announced a successful vote to reward staking for users who lock ARB tokens. The proposal has now reached its conclusion as of the evening of November 6, although the voting dynamics remained tense. Arbitrum Votes to Reward Staking for Locked ARB Users Updated as of November 6,
DeFi
In the early hours of November 5th, the lending platform Aave announced a critical bug in its V2 and V3 products, necessitating the temporary suspension of several features and services. Incident Details Cause: * The exact cause of the issue has not been disclosed. Aave stated that they received a report
NFT & GameFi
In response to a challenging business environment, leading NFT marketplace OpenSea has recently announced a strategic shift, including a 50% reduction in its workforce. OpenSea Cuts 50% of Its Workforce According to CEO Devin Finzer on X (Twitter), OpenSea is undergoing a major overhaul to focus on a smaller team
NFT & GameFi
After several months of declining volume, October has shown a resurgence in the NFT market. NFT Trading Volume Increases by 32% in October, First Positive Growth of the Year According to data from DappRadar, the NFT trading volume in October increased by $99 million compared to the previous month, marking
DeFi
On November 3rd, Lido Finance passed several notable proposals, with the most intriguing being the approval to test Distributed Validator Technology (DVT). Details of the Proposal Announcement: * Lido Finance's official X (formerly Twitter) account encouraged users to participate in the voting for four key proposals before the deadline
