Play-to-earn superstar Axie Infinity became the first non-fungible token (NFT) series to cross the US$4 billion mark in historic sales early Tuesday morning Asia time, according to CryptoSlam data. See related article: Axie Infinity fans play their way to payday as game token prices soar Fast facts Running on the Ethereum sidechain Ronin, Axie Infinity’s…
Blockchain technology allows musicians to sell songs directly and earn more per song, writes Adi Ben-Ari of Applied Blockchain.
Although India hoped that taxation would be a step toward regulation rather than a ban, the high tax rates and proposed rules seem to be geared toward dissuading crypto trading.
Non-fungible tokens (NFTs), or digital collectibles, issued by China Central Television (CCTV), the nation’s largest state-owned broadcast media, are appearing in China’s largest online second-hand market for at least 10 times the original price in a pre-sale bid, even before trade embargoes on the assets have lifted. See related article: China’s mouthpiece newspaper is giving…
BIT Mining, a Hong Kong-headquartered cryptocurrency miner, has terminated its data center construction in Kazakhstan due to an unstable local power supply, the company said in its quarterly report. See related article: Crypto mining’s Great Migration continues — out of Kazakhstan Fast facts BIT Mining now abandons a US$9.3 million pledge to a Kazakh data…
Circle’s USDC, the world’s second-largest stablecoin, is gunning for the title of the world’s top stablecoin as it closes in on Tether’s market capitalization after doubling its valuation to US$9 billion in a revised merger deal. See related article: Stablecoin issuer Circle to go public in US$4.5B SPAC deal Fast facts USDC’s market cap has…
Animoca Brand’s nWayPlay sold out second batch of Bing Dwen Dwen mascot NFTs on Thursday as prices of first set fetched 900% in average resale value.
Investor relief at last week’s slight market rebound gave way to concerns over military tensions in Ukraine, sending crypto and traditional markets reeling.