NFT & GameFi
An investor has sold a BAYC NFT at a substantial loss after holding it for nearly a year. Investor Sells BAYC NFT at a Loss of 624 ETH On August 20, the investor under the account 26sStoreFront (0x48…14f8) on OpenSea sold BAYC #8585, a "Trippy Leather and King&
Big Cap
On August 21, cryptocurrency exchange Kraken announced that users can now begin trading the PYUSD stablecoin. Kraken Announces Support for PayPal's PYUSD Stablecoin Following Huobi, Kraken is the next exchange to announce support for PayPal's PYUSD stablecoin, a move by the payment giant to enter the
![[Update] BNB Chain Initiates Liquidation of $200 Million Debt on Venus Protocol](/content/images/size/w600/2024/07/20230818015340-544c3730-e6bb-4c5f-9aa6-ad0bddb65972-173-fotor-20240724132730.jpg)
Big Cap
On the evening of August 21, 2023, despite the sharp decline in BNB price to its lowest in a year, $200 million worth of BNB collateral on the Venus protocol has not yet been liquidated. The $200 million BNB still remains unliquidated despite the price drop to $212. Image: Protos
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On the morning of August 21, Ethereum co-founder Vitalik Buterin transferred a quantity of ETH valued at over $1 million to the cryptocurrency exchange Coinbase. Vitalik Buterin just transferred $1 million USD worth of ETH to Coinbase On the afternoon of August 21, 2023, the security firm PeckShield reported that
DeFi
After a period of experimentation and encountering some challenges, the MakerDAO community has officially adjusted the Enhanced DAI Savings Rate (EDSR) from 8% to 5%. Key Changes: * Interest Rate Adjustment: In a previous forum post, founder Rune Christensen discussed the limitations of the "Push DAI EDSR to 8%"
NFT & GameFi
The leading NFT marketplace, OpenSea, is removing BNB Smart Chain from its supported blockchains. OpenSea Halts BNB Smart Chain NFT Listings OpenSea will cease listing new NFTs on the BNB Smart Chain (BSC). The NFT marketplace representatives stated that the decision to remove BSC was due to "the need
NFT & GameFi
The trading volume and active wallet count for Bitcoin Ordinals, also known as Bitcoin NFTs, have experienced a severe decline since peaking in May 2023. Bitcoin Ordinals' Trading Volume Plummets Over 97% As reported by Coin68, Bitcoin Ordinals emerged as one of the hottest narratives in Q1 2023. According
Big Cap
On August 19, Offchain Labs, the team behind the Ethereum layer-2 solution Arbitrum, disclosed that the network experienced a temporary halt on August 18. Arbitrum Halts Transaction Processing for One Hour According to data from Arbiscan, Arbitrum encountered a period of inactivity on August 18, spanning one hour between batches
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On August 19, Ethereum developers announced plans to deploy a new testnet named "Holesky" in September. Ethereum Sets Schedule for New Testnet "Holesky" to Replace Goerli In an effort to enhance testing environments and address the Ethereum testnet supply issue, the Ethereum development team will launch
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On August 19, the cryptocurrency exchange OKX issued a notice urging all users to complete enhanced KYC procedures before 2:00 PM on August 21 (Vietnam time) to avoid service disruptions. OKX Requires All Users to Complete KYC by August 21 The exchange specified that users must complete steps including
Big Cap
Since its launch in early May, the SUI token has experienced a steep decline from its peak of $1.4 USD to just $0.5 USD at present. SUI Price Plunges 65% After Over 3 Months of Mainnet Launch, Community Reserve Sell-off Recorded According to The Block Research Director Steven
NFT & GameFi
To succeed on Magic Eden, projects need to offer unique concepts, scalability, and the potential to reshape the current NFT landscape on Polygon. Magic Eden Launches $1 Million Fund to Promote NFTs on Polygon Magic Eden has introduced a $1 million fund dedicated to supporting projects on the Polygon blockchain.
