Social token platform Rally announces shutdown of sidechain
Rally cited a “challenging year” for the crypto industry in its decision to “begin to sunset” the platform’s sidechain after Jan. 31. Go to Source Powered by WPeMatico
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Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization. Go to Source Powered by WPeMatico
Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea
Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of the market share. Blur NFT Marketplace Captures 30% of … Read more
Which tokens could FTX dump on the market?
The list of illiquid tokens includes a Donald Trump prediction token, an animal fundraising coin and tokens for several Solana projects. Go to Source Powered by WPeMatico
WEF panel discusses the coming tokenized economy
The panel included the CEO of Circle, Finland’s Minister of Transport, and other industry personalities. Go to Source Powered by WPeMatico
Masa Finance launches soulbound Web3 identity protocol for Ethereum, Celo
According to the developers, the soulbound credit score system uses over 10,000 data points to determine a Web3 user’s creditworthiness. Go to Source Powered by WPeMatico
SHIB Token Sees Rise Ahead of Shibarium Beta Launch
The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the L2 platform, “Shibarium beta,” is about to be launched on top of the … Read more
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at … Read more
Metamask Launches Ethereum Staking Services via Lido and Rocketpool
On Friday, the Web3 wallet firm Metamask, a subsidiary of the Ethereum-centric company Consensys, announced the beta launch of ethereum staking features will be made available via Lido’s or Rocketpool’s liquid staking services. Users who want to stake ethereum and earn staking rewards can select one of the staking providers within the Metamask Web3 wallet’s … Read more
Huobi delists 33 tokens in one day citing trading risk, low volume
Some tokens were delisted due to “severe violation of regulations.” Go to Source Powered by WPeMatico
