If Jean-Michel Basquiat were still alive, he probably would have loved NFTs. And the American painter who captured the hip-hop, graffiti zeitgeist of 1980s’ New York probably would have been all over a new venture called ArtOfficial. Backed by serial entrepreneur Gary Vaynerchuk and developed by art dealer Vito Schnabel, the venture is billed as …
New York’s Downtown Art Scene Embraces NFTs with Online Auction Site Read More »
Axie Infinity is a blockchain-based game that’s become a smash hit with crypto users. It allows players to earn real money, and lots of it, surpassing the monthly salary for many in the world’s poorest countries. It’s a massive game, sporting 1.5M daily users, according to its most recent development update. That’s more than Bitcoin’s …
Anything But Smooth: Axie Infinity’s Love Potion Token Whipsaws Game Players Read More »
Robinhood, the wildly popular brokerage app, just made a move that could be a shot in the arm for DeFi. It plans to introduce crypto wallets in 2022 that will enable customers to deposit and withdraw Bitcoin, ETH, and other digital tokens from their accounts to external wallets. Robinhood’s current system doesn’t provide customers with …
Robinhood’s New Crypto Policy Poised to Bolster DeFi and NFTs Read More »
The Pyth Network malfunctioned on Sep. 20 as the data provider reported a Bitcoin price of $5,402 on a day when other sources like CoinGecko didn’t report a BTC price below $40K. That wasn’t the only snafu. Pyth’s price feed for the stock of movie theater chain, AMC, showed a spike to $772 on Sep. …
Oracle Pyth Goes Haywire on Solana with Bad Prices Read More »
The insider buying scandal at OpenSea has hit just as a crop of rivals are circling the NFT marketplace leader. On Sept. 15, a startup called NFTX launched what it called “the world’s most liquid decentralized marketplace,” meaning the exchange operates “on chain.” It also permits buyers and sellers to make deals without the need …
OpenSea’s Struggles Embolden Rivals with New Ways to Play Booming NFT Market Read More »
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