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NFTs & Web3

Magic Eden buybacks cover image
NFTs & Web3

ME Token Slumps After Magic Eden Announces Buybacks, Staking Rewards

The former NFT marketplace said it will allocate revenue to the ME ecosystem, including USDC rewards paid out to stakers.
Base App trading pivot cover image
NFTs & Web3

Base App Pivots to ‘Trading-First’ Six Months After SocialFi Rebrand

Base lead Jesse Pollak said the web3 app will focus more on trading features, dialing back its social-heavy approach.
KAITO Plummets as X Bans InfoFi Rewards
NFTs & Web3

KAITO Plummets as X Bans InfoFi Rewards

Nikita Bier, X's head of product, announced the change this morning.
Clone-X NFTs Soar 200% as Nike Sells RTFKT
NFTs & Web3

Clone-X NFTs Soar 200% as Nike Sells RTFKT

The sports apparel giant’s NFT experiment has come full circle.
Kalshi weekly volumes cover image
NFTs & Web3

Kalshi’s Weekly Volume Hits $2.3B, Nearly Double Polymarket’s

The prediction market’s volumes accelerated over the past seven days to overtake its main rival.
KYD Labs launches TIX cover image
NFTs & Web3

Web3 Ticketing Platform KYD Labs Launches TIX for Live Events Financing

The DeFi-focused ticket provider looks to scale out infrastructure for an artist and fan-focused financial structure.
Phantom’s Stablecoin CASH Supply Tops $100M Two Months Post-Launch
NFTs & Web3

Phantom’s Stablecoin CASH Supply Tops $100M Two Months Post-Launch

Wallet-native stablecoins are seeing growing adoption, fueled by liquidity programs that offer incentives.
Farcaster Abandons Social Network Strategy to Focus on Wallet
NFTs & Web3

Farcaster Abandons Social Network Strategy to Focus on Wallet

The blockchain-based social protocol is returning to the fundamental crypto elements it initially sought to leave behind.
MetaMask and Polymarket
NFTs & Web3

MetaMask Launches Polymarket Integration

However, each trade via the web3 wallet comes with a 4% fee, unlike betting directly on Polymarket.
NFT Lending TVL Nears All-Time Lows
NFTs & Web3

NFT Lending TVL Nears All-Time Lows

Outstanding debt has fallen by around 45% to $80 million from $150 million in March 2024.