For the fifth consecutive month, the digital collectibles (NFT) market has continued to show a significant decline, with sales falling to $495.6 million in July – the lowest level since April 2021. According to data from NFT aggregator CryptoSlam, NFT sales have been declining since February, when the sector saw sales hit a staggering $1.2…
PayPal has announced the launch of a new dollar-backed stablecoin, marking the first time a major U.S. financial company has created a stablecoin, according to a statement published on Monday. This solidifies the American payments giant’s teaser in early 2022. The stablecoin, named PayPal USD, an ERC-20 token, is issued on the Ethereum blockchain by…
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s…
Dive into Wreck League’s realm of competitive battles and rewarding earnings
DeGods’ floor price keeps outshining Azuki, MAYC, and Captainz
The bitter conflict between actors, writers and other creative professionals and the major movie and TV studios represents a flashpoint in the radical transformation roiling the entertainment industry. The ongoing strikes by the Writers Guild of America and the Screen Actors Guild were sparked in part by artificial intelligence and its use in the movie industry. Both actors and…
The ever-evolving world of blockchain technology continues to be a hotbed of innovation, and one of the latest trends in this space is the implementation of Layer-2s, and Coinbase’s latest, Base. Promising improved transaction speeds, scalability, and security, Layer-2s are shifting the paradigm of how blockchain networks operate. Coinbase, North America’s largest centralized crypto exchange…
In a proactive move to safeguard consumers from emerging digital threats, the U.S. Federal Communications Commission (FCC) has proposed new regulations aimed at curbing the rise of “SIM swap” and “port-out scams.” These malicious activities have been on the rise, with fraudsters exploiting vulnerabilities in mobile communication systems to gain unauthorized access to victims’ personal…
Reebok and VeeFriends announced a collaborative release inspired by one of the 283 VeeFriends characters on August 3: the VeeFriends Aspiring Alpaca Classic Nylon. VeeFriends was created as a platform centered around characters, each envisioned, created, and illustrated by Gary Vaynerchuk. The primary aim of this venture was to promote kindness and positivity, with a…
