Web3

Web3, or Web 3.0, represents the next generation of internet technology, integrating blockchain and cryptocurrencies into everyday online interactions. It's a decentralized online ecosystem where users have control over their data and transactions. Web3 is powered by blockchain networks, providing transparency, security, and trust. It's a key concept in the crypto world, involving various people, from developers and investors to everyday users. Companies are leveraging Web3 to create decentralized applications (dApps), offering users new ways to interact online. Crypto exchanges play a crucial role in Web3, facilitating the trading of digital assets and tokens that fuel the ecosystem. Web3 represents a paradigm shift, offering opportunities for investment, innovation, and the potential to reshape the internet.

Videos

Blend Has Taken 82% of NFT Lending Market Share: DappRadar

Non-fungible token (NFT) marketplace Blur's lending platform Blend has captured about $308 million in trading volume in just 22 days since its launch, seizing 82% of total NFT lending market share, according to a report from blockchain data aggregator DappRadar. DappRadar Web3 analyst Sara Gherghelas discusses the report's key takeaways and the state of the digital collectibles market.

May 30, 2023

Web3

Nike Trips Up .SWOOSH Launch While Bitcoin NFTs Soar

Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum.

By Rosie PerperMay 26, 2023

Web3

F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event

The NFTs, debuting this weekend at the Monaco Grand Prix, offer collectors access to the race as well as future loyalty benefits.

By Cam ThompsonMay 26, 2023

The first mover advantage matters for platforms like Lido, but crypto's longterm viability will require to shake up the staking market. (Papafox/Pixabay)

Markets

Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet

Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.

By Shaurya MalwaMay 26, 2023

Milady 8835 last sold for 0.35 ETH (about $1,000) on OpenSea. (Remilia, modified by CoinDesk)

Web3

Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues

The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has called the release as a success.

By Rosie PerperMay 25, 2023

Web3

Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround Is Possible

After Pudgy Toys debuted on Amazon on May 18, the floor price of the cute NFT project shot up over 6 ETH. Now, with the launch of Pudgy World and the addition of the collection to the NFT lending platform Blend, it is continuing to build momentum.

By Toby Leah BochanMay 25, 2023

Web3

Blend Seizes 82% of NFT Lending Market Share: DappRadar

Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.

By Cam ThompsonMay 25, 2023

Web3

Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public

After months in beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers.

By Cam ThompsonMay 25, 2023

Web3

Binance Launching NFT Loan Feature

The tool, launching on Friday, will initially support Ethereum loans and NFTs from Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections.

By Rosie PerperMay 25, 2023

Web3

Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections

Bitcoin-based NFT collections have triumphed over Solana and Polygon-based offerings in recent weeks.

By Shaurya MalwaMay 25, 2023

Space Pepes es la colección de NFT más comercializada. (Ordinals Wallet)