Author: Jeremy Ryan

NFT The NFT market has recently been plagued by theft and fraud. However, there’s good news for the sector, as incidents of theft decreased by 30% in March. According to PeckShield, approximately 74.9% of the stolen NFTs were first sold on Blur, with another 19.5% on OpenSea. The NFT market performed a little better in terms of security in March, with the month seeing a 30% drop in related thefts compared to February. PeckShield tweeted that the sector saw $10.9 million worth of NFTs stolen, which is a 30% drop from February’s $16.2 million. January saw $4.4 million stolen. Blur…

NFT As reported by CryptoSlam, NFT purchases fell by roughly 31% in March. According to the information provided by CryptoSlam, non-fungible token transactions in March decreased by 31.42% month on month, going from $1.03 billion in February to $882.89 million on April 3. The Ethereum network was responsible for the settlement of $537.89 million worth of those transactions in March, which accounted for more than sixty percent of total sales. Following Solana in March’s sales rankings are Polygon ($36.16 million), Immutable X ($28.82 million), and Cardano ($10.08 million), with NFT transactions in Solana accounting for 10.57% of total sales and…

Blockchain Ethereum co-founder Vitalik Buterin wants to see zero-knowledge Ethereum Virtual Machines (zk-EVMs) built on Ethereum’s first layer to speed up the verification process on the base blockchain. Buterin explained in a March 31 post that it’s possible to integrate a zk-EVM on the base layer without compromising on decentralization and security. The technology enables Ethereum Virtual Machines to execute smart contracts on the blockchain with ZK proofs. How will Ethereum’s multi-client philosophy interact with ZK-EVMs?https://t.co/MPpTPNhldR — vitalik.eth (@VitalikButerin) March 31, 2023 Ethereum was developed with a “multi-client philosophy” to ensure decentralization at the protocol level, Buterin explained. By integrating…

Essex-based Web3 design studio, Crypto Dreams, is gearing up for the highly anticipated launch of its latest NFT collection, House of Toys. On 12th April 2023, the team will debut 5000 intricate digital collectibles designed to transport holders back to simpler times, tug at the heartstrings, and evoke a deep feeling of nostalgia. The House of Toys collection takes its inspiration from an eclectic mix of popular characters from various genres, paying homage to celebrities, movie characters, superheroes, villains, and more. Through the project, collectors will discover fine art based on popular characters such as Batman, Superman, John Wick, and the…

The meteoric rise of blockchain gaming has transformed the world of video games, introducing decentralized ecosystems and novel opportunities for developers and players alike. The right blockchain platform is vital for creating engaging and profitable gaming experiences. In this article, we’ll dive deep into two leading blockchain gaming platforms—WAX and Immutable X—and provide an honest comparison to help you make informed decisions.WAX (Worldwide Asset eXchange) BlockchainSource WAXioBackground and DevelopmentLaunched in 2017 by the founders of OPSkins, a leading marketplace for virtual goods, WAX was created to streamline the trading and management of virtual items. WAX has since become a popular…

NFT Non-Fungible Tokens (NFTs) have taken the world by storm, with unique digital assets selling for millions of dollars. These tokens are powered by blockchain technology, which ensures their authenticity and scarcity. However, buying and selling NFTs on the most popular blockchain, Ethereum, can be costly and slow due to high gas fees and network congestion. That’s why some NFT enthusiasts are turning to Layer 2 solutions, such as ZKSync, that offer faster and cheaper transactions without compromising on security or decentralization. Table of contents What is ZKSync? Step-by-Step Guide to Buying NFTs on ZKSync 1. Create a ZKSync wallet…

With the first quarter of 2023 behind us we look ahead to April. And the web3 gaming scene, particularly anything to do with mobile gaming, feels poised to launch itself to the forefront of online video games! Here are a few games to watch in April. I’m declaring April the Month of Mobile for web3 gaming! As always, the space is changing rapidly. And while AI is the current hot buzzword, mobile is the major impetus behind much of the current development. Mobile games also could be the gateway for a flood of new players to get involved with the…

Huobi is teaming up with Gala Games to change how people play Web3 games. Huobi and Gala Games will work together in many ways, such as investing in the best projects and helping each other grow. Gala Games lets game makers create games genuinely owned by the players. This means players can buy and sell genuine items within games. Game makers can’t change or remove these items without the players giving the go-ahead.Built on the Ethereum blockchain, Gala Games provides a variety of play-to-earn and NFT games in different styles. Notable Gala-developed games include Spider Tanks and TownStar.Gala Games has also…

NFT Non-fungible tokens have considerably advanced from simply being considered hype trading cards, and have gone on to capture mass attention as the concept has evolved into more solid use cases. These tokens essentially are unique digital assets that can take the form of anything, and represent distinct ownership. Some NFT use cases are already well known, while others are up and coming. Real Estate NFTs Real property is one of the major areas where NFTs have grown popular, as seen by the appetite for the fractionalized real estate market. Investors are hungry to diversify investment options, and since housing…

Blockchain According to official sources, the zkSync team announced the cause of the downtime on Twitter. Block generation has stopped due to a block queue database error. Even so, the server API is not affected. Transactions continue to be added to the mempool, and queries are served commonly. Here’s what happened:1. The database for the block queue failed, causing block production to halt. The database health alert did not trigger because it could not connect to it to collect metrics. — zkSync ∎ (@zksync) April 1, 2023 Although all components have comprehensive monitoring, logging, and alerts, no alerts are triggered…