Tag: NFT

NFT lending protocol Bend DAO proposes emergency changes amid credit crisis

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On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt to stabilize the ecosystem. The same day, it was revealed that the project had just as little as 15 wrapped Ether (wETH) worth $23,715 to pay back lenders. Approximately 15,000 ETH was lent using the mechanism. To save the protocol from a credit crisis, the Bend Dao dev team suggested that the liquidation threshold for collateral would be constrained to 70% of the loan value, down from 85%.  Next,…

Gamestop NFT Daily Fee Income Falls Below $4,000 As Market Meltdown Spreads

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GameStop NFT has produced over $166,800 in sales volume in the last 24 hours; yet, with the platform collecting only a 2.25% charge on NFT purchases, the statistic corresponds to only $3,753 in income. Daily income for GameStop’s nonfungible token (NFT) marketplace has dropped to less than $4,000, indicating that interest in the platform has decreased dramatically since its introduction in mid-July. At the time of writing, the HyperViciouZ project on GameStop has the highest 24-hour sales volume of 29.78 Ether (ETH), valued at around $47,841. Pudgy Penguins, OpenSea’s top-selling…

CryptoPunks Briefly Flip Bored Apes as NFT Prices Continue to Crater

Unlike last winter, when the price of ETH was pushing $4,000 and trading volumes were at all-time highs, this flippening comes as the rival collections’ prices are on the way down. The Bored Ape floor price is down almost 40% in the last month, with CryptoPunks down 24%, according to data from NFTPriceFloor. When the Bored Ape floor price passed that of CryptoPunks last time around, the cheapest editions from both collections were valued 55 ETH, at the time worth $215,000. Source

Metaverse is a key factor in long-term NFT success, says new research

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A new report from Juniper Research analyzed the trajectory of the nonfungible token (NFT) market over the next five years. According to the study, global transactions related to NFTs will escalate from 24 million in 2022 to nearly 40 million by 2027.  One of the top catalysts to push NFT adoption will be those linked to metaverse use cases, according to the study. This niche of NFTs will be the fastest growing in the next five years. Metaverse-related NFTs will experience an increase in transactions from 600,000 transactions in 2022…

GameStop NFT daily fee revenue plunges under $4K as gloom infects markets

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Daily revenue for GameStop’s NFT marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since launching in mid-July. According to data from DappRadar, GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours. With the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue during that time. DappRadar’s limited data on GameStop appears to confirm figures actually plunged down to around $2000 as trading volume has pumped 91.23% over the…

Supercute World is the Next NFT Brand Aiming to Become the Next Disney

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Many understand the power of NFTs and content creation. Many more continue to herald the technology as it helps creators connect directly with fans by tokenizing artistic and other creative work. NFTs are viewed as an important tool towards democratizing creative endeavors, since more people can get involved without having to go through a third-party intermediary. In fact, enthusiasm for specific NFT projects has led to some unprecedented moments in the crypto world. The launch of Yuga Labs Otherside NFT collection on April 30th attracted so much attention, crypto traders…

Blackrock Partners with Coinbase (Best News for Bitcoin & Crypto)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In this video, we will discuss the price of Bitcoin, Ethereum, and the top altcoins. We’ll take a look at the cryptocurrency markets and the latest crypto news. 11:00 Market Watch 15:55 Expert TA 30:38 Tik Talks 47:20 $53B Deal 50:50 Coinbase Deal 1:02:50 SOL Wallets 1:12:52 Eth Contracts 1:13:57 XRP Discovery 1:17:32 Quick Hits/Q&A Best Deals For BitSquad Members: 📚Learn more about crypto ➡️ 👕 Best Crypto MERCHANDISE ➡️ 📊Trade on Phemex ➡️ 💳Ledger Cold Wallet➡️ 💳Trezor Cold Wallet➡️ 🏦Invest like…

BITCOIN PUMP NACH INFLATIONS-ÜBERRASCHUNG – Trendwende oder Korrekturgefahr? + NURI ist insolvent!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ✅ BISON (20 EUR exklusiver Bonus) 📈 SPARPLAN ANBIETER VERGLEICH: 🔐 TOP KRYPTO WALLETS 2022 📺 MEHR VIDEOS – MEINE ZWEITKANÄLE Abonniere Crypto2Go und Finanzwissen ► ► ❓NOCH FRAGEN? Schreib einen Kommentar und wir liefern dir Antworten. 🔔 ABONNIEREN! Abo & Glocke drauf, um nichts zu verpassen! ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ BITCOIN PUMP NACH INFLATIONSDATEN – Trendwende oder Korrekturgefahr? + NURI Insolvenz & Warnung! #bitcoin #inflation #cryptonews #nuri ▬▬▬ Inhalt ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 00:00 : Bitcoin Kurs Analyse 03:30 : Inflation & Auswirkungen 10:42 : Nuri Insolvenz…

COMMENT DEVENIR MILLIONNAIRE GRÂCE À LA BLOCKCHAIN

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ➜ Nouvelle Formation gratuite (2022): ➜ Profitez d’une période d’essai gratuite de 14 jours sur Shopify: Célébrités, youtubeurs, médias: tout le monde en parle. Mais au fond, la blockchain, c’est quoi concrètement ? Et surtout, comment ça fonctionne? Et bien dans cette vidéo, je vais vous expliquer à quoi elle sert, comment elle fonctionne, et comment cette nouvelle technologie va révolutionner notre quotidien. Le tout, en moins de 9 minutes ! Alors ouvrez bien grand vos oreilles car ces 9 prochaines minutes…