Author: Jeremy Ryan

NFT Non-fungible token (NFT) marketplace Rarible is expanding its white-label marketplace building tool for Polygon-based collections, the company said Wednesday. Creators who mint NFTs on Polygon can now create their own collection-specific storefront for free using Rarible’s infrastructure. Utilizing the platform’s native aggregation tool, creators can also include tokens listed across other secondary marketplaces. Rarible co-founder Alexander Salnikov told CoinDesk that it made sense to expand its service to Polygon, which has branded itself as a “funnel” for Web2 brands looking to jump into Web3. “We are bullish on Polygon,” said Salnikov. “We’re bullish on creators that want to take…

NFT While the crypto market experienced a harsh winter in 2022, with significant fluctuations, the number of NFT holders increased by 250%, from 1.5 million to 3.7 million. This resulted in the NFT market value skyrocketing 122 times to $12.2 billion since 2020. As the market continues to grow, so do hackers and bad actors, with over $3.4 billion in total value hacked last year. In a recent study, 50.4% of investors worldwide reported experiencing crypto hacks and exploits only in 2022. Contextually, the study revealed that investors with less than one year of experience believe that most hacks and…

A pseudonymous NFT collector has shaken up the DeGods world by purchasing a whopping 69 NFTs at a combined price of almost $1 million. A mighty trove that he now intends to migrate to the Ethereum network.Since its launch, DeGods has commanded a great deal of interest within the Solana NFT space. It has ringed up more trading volume in SOL than any other projects on the network. Then, just last month, it announced that it will migrate its project to Ethereum.In the latest chapter of its story, DeGods has caught the attention of a big time investor. As such,…

Gods Unchained released a patch with a few updates to their UI (user interface) in preparation for their first alpha with mobile devices. With the mobile alpha test expected in Q1 2023, Gods Unchained is ready to reach out to a broader playerbase. Though popular and well-known in the web3 gaming world, Gods Unchained still has a relatively small playerbase. They see about 5K active players per week according to DappRadar. And while they have had a playable desktop client for over four years now, Gods Unchained has never moved to mobile — until now! Gods Unchained is ready to…

NFT According to data from the analytics platform Dune, NFT marketplace Blur overtook the leading NFT marketplace OpenSea in terms of sales volumes in December 2022. NFT suffered a particular downtrend in 2022 but started recovering at the end of the year. While monthly transactions of Ethereum-based NFT marketplaces reached over $16 billion in January 2022, the sales were down to less than $2 billion by June. January was led by LooksRare contributing over $10 billion, while OpenSea accounted for the rest. Similarly, almost $8 billion came from LooksRare in February with nearly $4 billion contributed by OpenSea. The market…

Andrew Bailey, the Bank of England (BoE) governor, expressed skepticism on the need for a digital pound shortly after finance ministers from eurozone countries backed further work on a digital euro. The BoE governor recently questioned the need for a wholesale central bank digital currency (CBDC), citing that there already is a “wholesale central bank money settlement system with a major upgrade.” In addition, Bailey also expressed that there are no plans to abolish cash regarding retail use. The BoE governor does not believe that retail payments need to change at the moment. He explained: “We have to be very clear…

NFT At first glance, NimTeens, a new non-fungible token (NFT) collection by generative artist Bryan Brinkman, looks like a tribute to adolescence. A follow-up to his January 2021 project NimBuds, the new 400-edition project shows his signature cloud characters aging up in awkward fashion to take their school photos. But the collection represents more than that, Brinkman told CoinDesk, and offers a larger commentary on how fast the NFT ecosystem that has grown – sometimes clumsily – over the past two years. “The common joke in the Web3 space is time moves at a rapid speed and often a week…

Blockchain Decentralized cross-chain liquidity protocol Swing debuted a new widget and software developer kit (SDK) to simplify cross-chain crypto deployments. Swing’s new widget and SDK support 21 EVM-compatible chains including Ethereum, BNB Chain, Arbitrum and Optimism, the project announced on Wednesday. Swing also plans to expand to cover four non-EVM networks like Solana and Cosmos. Cross-chain solutions like bridges enable the transfer of crypto assets across different networks. Swing says developing these solutions usually takes several weeks, hence the need for its software package. Developers can now complete bridge integrations for their decentralized applications in a matter of hours using…

Blockchain The charity and nonprofit sectors are embracing blockchain as a means of showing transparency and accountability. However, some have started to express concern. Charities are reporting declining numbers of people donating, although amounts raised remain stable as the wealthy give more. So the question is how to reverse the trend. BBB Wise Giving Alliance (Give.org), a standards-based charity evaluator, conducted a survey of 2,000 people. They were asked whether they would consider donating to a charity using cryptocurrency. 73% said yes. There are many reasons for this – the most prominent one is the tax benefits. Source: YouTube In…

Blockchain EY’s Nightfall, a five-years-in-the-making system allowing businesses to shield the content of transactions on the public Ethereum blockchain, has entered its final phase of production readiness for deployment using the Polygon network. The latest updates to Nightfall have made its code fully decentralized, meaning it can run anywhere with no single entity being in charge thanks to the addition of industry standard X.509 identification certificates. These final updates herald the product going live in May of this year, said EY Global Blockchain Leader Paul Brody. “It’s one thing to show that the math works, it’s another thing to have…