Secondary Sales Volume Tied to Reddit’s Collectible NFT Avatars Surges Crossing $5 Million

Secondary Sales Volume Tied to Reddit's Collectible NFT Avatars Surge Crossing $5 MillionReddit’s non-fungible token (NFT) avatars have produced significant market action in the NFT industry, as the collectible’s secondary market sales reached more than $5 million on October 24 across more than 20,000 sales. The demand for Reddit’s collectible NFT avatars minted on Polygon has also spurred over three million Redditors to leverage Reddit’s Vault blockchain […]

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Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users

The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost transactions and sustainability commitments.” Reddit’s Polygon-Backed Digital Avatars Will Soon Be Available to the General Public On July 7, 2022, the staff at […]

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Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY

Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APYOn September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype has also caused the Maker DAO project to make a governance […]

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If You Don’t Trust Yourself, These Crypto Vaults Will Help You Hodl Safely

If You Don’t Trust Yourself, These Crypto Vaults Will Help You Hodl SafelyHodling in difficult times has historically proven to be a long-term winning strategy. Keeping your cryptocurrency in your own cold storage is by default a good idea as far as security is concerned. But if you don’t trust yourself to not lose a small hardware device or a piece of paper, then there are alternatives […]

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Online Bullion Marketplace Onegold Sees $50 Million in Crypto Payments

Online Bullion Marketplace Onegold Sees $50 Million in Crypto PaymentsOn January 13, the online bullion marketplace Onegold announced the launch of a new mobile application so customers can buy, sell or redeem precious metals at any time. Since 2018, Onegold has accepted cryptocurrencies like BCH and BTC and the firm currently gives customers a 2% discount for paying with cryptocurrencies. According to Bitpay, Onegold […]

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Cybersecurity Firm Cybavo Adds SLP Token Support to Its Wallet Management Platforms

Cybersecurity Firm Cybavo Adds SLP Tokens Support to Its Wallet Management PlatformsThe SLP token ecosystem continues to grow rapidly as more companies adopt the token protocol. The latest to join this trend is Cybavo, a cybersecurity firm providing enterprise-level secure private key management for blockchain applications to some of the biggest exchanges in the world. Also Read: SLP Token Market Cap Surpasses $50 Million Cybavo Adds […]

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