Author: Jeremy Ryan

NFT Borrowing Bored Apes and Doodles is booming. Per data pulled from Dune, the cumulative volume for borrowing against NFTs has just hit $1 billion. This measures the dollar value of borrowing activity across several notable projects including market leading NFT liquidity providers NFTfi and BendDAO, but also newcomers like Paraspace. As of April 6, NFTfi facilitated more than $390 million, BendDAO boasts nearly $298 million, and Paraspace has already hit $236 million. The number of cumulative users has also soared well above 40,000. Cumulative borrow volume in dollars. Source: Dune. Borrowing against your Bitcoin is one thing, but how…

The time has come for owners of Chicken Derby Chicken NFTs to put their unwanted Chickens into the Fusion machine! Combine two Chickens to create a new one, perhaps even one with a rare Mutation that gives it an advantage in certain races! Not to be confused with Chicken Breeding (which is not yet available), Chicken Fusion is the process of burning two existing Chicken NFTs to create a completely new Chicken. Generally, these new Chickens will have the traits of the ‘Material Chickens’, but sometimes, rare mutations will crop up instead! The Fusion machine opens later today, April 11th.…

Blockchain Blockchain solutions provider Jelurida partnered with augmented reality (AR) firm Aumenta Solutions to develop a maintenance system for port infrastructures. According to an announcement sent to Cointelegraph, the project aims to increase efficiency, reduce downtime and enhance the accuracy of maintenance tasks for ports which is important in servicing ships, cargo and passengers. Back in 2020, a research group from the University of Girona and Aumenta Solutions collaborated to develop a blockchain-based maintenance system, combining blockchain certification and AR to increase the traceability of maintenance operations. At present, Aumenta Solutions and information technology firm MSI are aiming to target…

NFT NFTb, a multi-chain NFT and DeFi platform, has begun a systematic collaboration with Yeeha Games while preparing to release an exclusive gaming hub. The gaming forum Yeeha Games has collected more than $50M in funding. In addition to this, it possesses a group of more than ninety publishing experts who have backgrounds related to the blockchain industry, GameFi, as well as conventional gaming platforms. The respective forums take into account Animoca Brands, NetEase, Tencent, and so on. NFTb Collaborates with Yeeha Games for Further Progress in the Web3 Gaming Yeeha Games is known as a company that is famous…

Blockchain The US Government is putting the squeeze on crypto. Recently they shut down two banks that were friendly to crypto and acting as bridges between trading exchanges and the real world. These were Silvergate and Signature Bank of NY. These closures follow some events that might appear coordinated to some people. This includes the shuttering of the Paxos BUSD stablecoin and the NY lawsuit against Kucoin and Ethereum. One can think that these are coincidental actions against crypto, but some feel that it is similar to Operation Chokepoint — but instead, it’s designed to try to kill crypto. In…

Blockchain Blockchain interoperability — the interconnecting of multiple networks to allow data and value to flow seamlessly — is often envisioned in the context of consumer applications. Think DEXs adding support for numerous EVM networks, or blockchain bridges linking to the next trendy DeFi ecosystem. But interoperability has far broader ramifications than allowing traders to jump chains on a whim. In fact, one of the greatest beneficiaries of the maturation of multi-chain interoperability will be enterprises. As enterprise solutions grow across industries, the need to engage with multiple chains rather than exist on a single, isolated blockchain is increasing. The…

NFT The Our Force 1 collection has been in the making since late 2022, when Nike launched a tournament to determine the best colorways of the past forty years. In early 2023, the brand also introduced the Your Force 1 competition, the winners of which will receive not only a $5,000 cash prize, but also their own digital AF1, as well as royalties from future collection item sales. Now that most of the prep work is done, Nike is finally preparing for the 7-step release of Our Force 1. While they haven’t given an exact date yet, the brand has…

NFT Fans of non-fungible tokens are being invited by Lost Worlds to hunt for a number of unique digital tokens that will be dispersed around New York City during the NFT.NYC event that takes place from April 11-14. NFT.NYC is one of the biggest NFT conferences of the year, making it the perfect stage for Lost Worlds to introduce the LOST.NYC experience that aims to bridge the gap between the digital and physical worlds. LOST.NYC is similar in some ways to Pokemon Go, only instead of running around the city trying to catch random pokemon creatures, participants are tasked with…

Blockchain New Utility for BNB Coin It’s the beginning of a new era for the BNB Chain ecosystem, as the BNB Greenfield testnet, called “Congo,” has gone live. The decentralized smart storage network gives users control over their data and aims to provide the Web3 equivalent to Web2 cloud storage. ????1/ ???? Exciting news! BNB Greenfield Testnet is LIVE! ????https://t.co/O5BkyIKbHY — BNB Chain (@BNBCHAIN) April 11, 2023 A BNB Chain Blog post confirms that the new Greenfield network will be powered by the BNB coin, giving it new utility. “The BNB token’s use will extend to large-scale data storage and…

Reddit officially announced that Gen 3 Avatar would be officially released on the afternoon of April 11, US Eastern Time, and relevant digital collections will be launched in the Avatar Store. According to the latest data from Dune Analytics, the current total circulation of Reddit Avatar has exceeded 10,615,730, the total number of holders has reached 7,351,795, and the market value is about $74,528,925. The social network provides users with a range of collectible avatars to match their online profiles and personalities. These avatars are created by independent artists and can contain almost any type of image. Collectible avatars, enabled…