Pixel Game Sees Record Surge Amidst Growing Investor Interest

The social casual web3 game, Pixel, has experienced an unprecedented surge in value over the past two weeks, reaching an all-time high. Powered by the Ronin network, Pixel has captured the attention of investors and enthusiasts alike with its innovative gameplay and potential for growth in the emerging web3 gaming space. A significant development occurred six hours ago when the address 0x8FB…d3Dfd made a substantial deposit of 2 million PIXEL tokens to Binance, amounting to a staggering $1.5 million.  This address, which previously received 50 million tokens from the project party’s multi-signature address prior to Pixel’s launch, is believed to

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Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321 billion. Furthermore, the total value […]

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NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales

NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of SalesNon-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past week was the Bored Ape Yacht Club (BAYC), […]

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NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains

NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 BlockchainsNon-fungible token (NFT) sales have shown improvement during the last month as 30-day statistics show NFT sales are up 22.37% higher than the month prior. During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored Ape Yacht Club (BAYC) […]

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Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month

Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This MonthFollowing the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during the last 30 days. Value Locked in Cross Chain Bridge […]

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Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy

Trust in Decentralized Finance Rattled After $100 Billion Left the Defi EconomyThe effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s $112.29 billion, losing 51.38% in 42 days. Defi TVL Plunges More Than […]

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