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Although April brought modest gains to the broader crypto economy, data reveals a continued descent in non-fungible token (NFT) sales, which contracted by 39.62% over the past 30 days. Ethereum retained its status as the leading blockchain by NFT sales volume, yet its figures receded by 44.86% compared with the previous month. NFT Sector Pummeled: … Read more
Nike is facing a class action lawsuit after abruptly shutting down its crypto-focused subsidiary, RTFKT, leaving investors with significant losses tied to Nike-themed NFTs and digital assets. Plaintiffs, led by Australian investor Jagdeep Cheema, allege they were misled into buying what they now claim were unregistered securities, only to see their value collapse after Nike … Read more
Magic Eden has launched Season 2 of its rewards program, offering users new ways to earn incentives for trading non-fungible tokens (NFTs), swapping tokens, and staking on the platform. Magic Eden Enhances User Rewards with Season 2 Launch The NFT marketplace Magic Eden has introduced Season 2 of its rewards program, designed to incentivize user … Read more
Magic Eden has announced its acquisition of Slingshot, an app designed to facilitate trading across multiple blockchains using a single, universal account balance. This acquisition aims to simplify the onchain trading experience, which currently requires users to navigate multiple wallets, manage gas fees, and find trusted bridges before purchasing tokens. With Slingshot’s technology, users can … Read more
Steve Hassenpflug says successful airdrop strategies reward skill-based contributions, include vesting periods, and distribute assets with functional value. These approaches aim to foster long-term loyalty while avoiding inflation and exploitation. Airdrops: Double-Edged Sword for Blockchain Gaming Airdrops have become a staple in the blockchain industry, particularly within the burgeoning gaming sector. Initially hailed as a … Read more
Sony is expanding its Web3 strategy by partnering with Yoake to launch officially licensed digital collectibles from one of Netflix’s top-performing anime series, The Seven Deadly Sins, which has sold over 55 million copies worldwide. This collaboration marks the first mainstream anime intellectual property to utilize Sony’s blockchain infrastructure through its platform, Soneium. The initial … Read more
Regina explores continues to explore Web3 gaming, now with Chibi Clash. Chibi Clash was recently recognized as the Best Fighting Game of 2024. Quick Recap from Pixel Heroes Adventure (PHA) Pixel Heroes Adventure is an action-packed Web3 MMORPG where players embark on epic quests, battle fierce enemies, and collect powerful heroes. 🚀 Play2Airdrop is soon … Read more
The NFT market has entered another downturn, with sales and trading volumes plummeting, according to a recent report by Dappradar. Report: NFT Trading Volume Plummets The NFT market is experiencing a sharp decline, with global sales falling 40%, according to Dappradar’s latest report. Trading volumes also dropped 35% during the same period, signaling a return … Read more
One of the most influential players in the non-fungible token (NFT) market, Yuga Labs has confirmed that the U.S. Securities and Exchange Commission (SEC) has finished its probe into the company’s activities. After more than three years of oversight, the SEC has officially said that NFTs aren’t securities. This is a big win for the … Read more
Pixel Heroes Adventure blends nostalgic pixel art with blockchain mechanics, offering a fresh take on the MMORPG genre. But does its Web3 integration enhance or overcomplicate the experience? Regina dives in and finds out. Quick Recap from Rumble Kong League Rumble Kong League (RKL) is a competitive basketball game merging sports with Web3 innovation. The … Read more