BLOCKCHAIN
Blockchains incorporate several important features such as immutability, encryption and distributed storage, which combined makes secure peer-to-peer transactions possible and in turn has created the means to end human dependence on credit and thus credit intermediaries. Due to these features, blockchain has been referred to as ‘the Trust Machine’ and is forecasted to transfer the trust from agencies and institutions which are enforced by law to machine-based networks guaranteed by technology and mathematics.
World’s Largest Metaverse Builder Community SandStorm Launches Build Proposals for Brands
Leading metaverse builder community SandStorm has released its highly anticipated “proposal and bid” platform. This metaverse construction market pairs brands with builders from top virtual worlds including Decentraland and The Sandbox, allowing brands to deploy assets and experiences on demand. Its decentralized approach aggregates the best builders to provide unparalleled quality and cost savings to brands pioneering the metaverse.
DeFi Project ChangeX launches its CHANGE token on Uniswap, HydraDEX to strong investor interest
DeFi project ChangeX has successfully launched its CHANGE token for trading on HydraDEX and Uniswap to strong investor interest, company officials said. The app supports several trading pairs in order to offer a broader range of possibilities to investors, BTC and ETH cross-chain swaps included.
APENFT Foundation Announced The Second Call of its $100 Million Art Dream Fund.
APENFT Foundation announces that the second call of its $100 million Art Dream Fund will launch on August 1st, and registration will close on October 30th. The theme for this year’s call is "Post-Human Era." This theme seeks to explore whether the future of humanity can transcend traditional self-centered humanism and how people should position themselves in a complex ecosystem consisting of non-human animals, plants, and cyborgs. Winners will be eligible to win from a prize pool of over $100,000. In addition to prizes, creators will also enjoy the opportunity to build their art studios in The Sandbox, a metaverse set to launch by APENFT and TRON. Creators will also be able to get involved in annual online and offline exhibitions curated by APENFT, workshops, artist residencies, and other educational events.
MasRelic - DeFi and Synthetic Real Estate Platform Launched Its New Relic Token on the Ethereum Blockchain
MasRelic, a small cap start-up located 7 miles from one of the seven blockchain hubs of the world, New York City, has launched its new RELIC token on the Ethereum Blockchain on UniSwap.
Dragonfly Capital Completes $3.5M Seed Round Funding For Debt DAO
Dragonfly Capital completed a $3.5 million seed round for crypto credit protocol Debt DAO, according to a press release.
Tiffany & Co. to Turn CryptoPunk NFTs into Pendants
Jewellery firm Tiffany & Co. will be turning a limited number of CryptoPunk NFTs into custom pendants containing gemstones and diamonds.
Are We Seeing a Market Bottom? Weekly Gainers Overview
The crypto market has been remarkably challenging for investors this year, with BTC and ETH prices currently down about 66% from their ATHs. June was the worst month since 2011 for both assets. There is cause for optimism in July, though, as both assets post gains.
Bitcoin Balance on Exchanges Experiences Macro Decline as Price Eyes a Weekly Close Above the 200-Week MA
Bitcoin (BTC) continues to exit crypto exchanges since it’s recording a macro decline.
GameFi Industry Expected to Reach $2.8B by 2028
A study shows the growth and adoption of the crypto GameFi business are expected to make the game-earning NFT gaming industry reach $2.8 billion by 2028.
Babel Finance Lost Over $280m in Proprietary Trading with Customer Funds
Babel Finance has undergone severe loss as it executed proprietary trading with customer funds. The Asian crypto lender is in trouble and has abruptly suspended client withdrawals from last month.