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On Tuesday, the team behind the Umbria network announced the launch of the new Narni cross-chain Avalanche bridge. Umbria says the bridge is 90% cheaper than the official Avalanche bridging solution allowing users to move ether between the Ethereum blockchain and the Avalanche network. Narni Cross-Chain Bridge Adds Avalanche Solution During the last two weeks … Read more
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly Non-Fungible Token Sales Plummet Despite Recent $23 Million … Read more
The team behind the Ethereum wallet Rainbow announced the project has raised $18 million in a Series A funding round led by Alexis Ohanian’s venture capital firm Seven Seven Six. The new financing that follows the startup’s $1.5 million seed round will allow Rainbow to focus on “onboarding the next 100 million users to Web3.” … Read more
On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s decentralized data cloud (DDC) platform and the proof-of-stake blockchain network Polygon. Cere Network … Read more
The DaVinci platform intends to offer perks from subscription NFTs and immersive creator exhibitions to digital and real-world fan events. Go to Source Powered by WPeMatico
The bearish technical setup has a success rate of 62% of meeting its downside price targets. Go to Source Powered by WPeMatico
Big banks continue to explore Bitcoin and cryptocurrency’s long-term value proposition after shunning the asset class for years. Go to Source Powered by WPeMatico
Aave intends to empower content creators to “own their digital roots” and calls on developers to build a more sustainable smart contracts-baed social experience. Go to Source Powered by WPeMatico
The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops the Lens Protocol, Platform’s Intent Is to ‘Empower Creators to Own … Read more
Early information suggested that the stolen funds belonged to some of the early backers of the project and included team vested tokens. Go to Source Powered by WPeMatico
