Ethereum DApp volumes gain 38% in a month — Will ETH price follow?

Gucci’s past efforts into Web3 have culminated with the brand accepting 12 cryptocurrencies at a few select stores, with a wider rollout planned for the future. 506 Total views 12 Total shares The Italian high-end fashion label Gucci has announced it will begin accepting cryptocurrency payments by the end of the month in five of…

Dapper Labs, the company behind the blockchain-based game CryptoKitties, has obtained a patent in Brazil enabling them to create collectible digital tokens in partnership with the National Basketball Association (NBA). According to the March 24 edition of the Intellectual Property Magazine of Rio de Janeiro, Dapper Labs now has the rights to use NBA branding —…

Nonfungible tokens will be found under a tab on creators’ Facebook timelines in a gradual rollout starting in the United States. 82 Total views 14 Total shares Facebook will support nonfungible tokens (NFTs) with a “digital collectibles” tab on creators’ timelines to display their work. Meta technical program manager Navdeep Singh displayed screenshots of NFTs…

Bloomberg senior commodity strategist Mike McGlone believes Bitcoin (BTC) is more likely to turn up and rally to $100,000 rather than correct to $20,000. In the June edition of the Bloomberg Galaxy Crypto Index report, McGlone said that Bitcoin’s correction had not dented its foundation and it was "stronger, greener and less extended" than in…

The DeFi platform has recorded approximately 1.75 billion lifetime transactions since its launch in August 2020. 103 Total views 3 Total shares Analytical data from BscScan, a sister product of Etherscan, reveals that Binance Smart Chain (BSC) surpassed 14.7 million blockchain transactions on Nov 16. This establishes a landmark all-time high for the decentralized finance (DeFi)…

Transaction fees have seen anomalous volatility amid Bitcoin’s third halving, increasing over 800% in one month. 1409 Total views 27 Total shares From April 11 until May 14, Bitcoin (BTC) transaction fees increased by more than 1,250% from $0.38 to $5.16.While Bitcoin transaction fees have since fallen by 33.3% to sit at roughly $3.44 as…

The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.” 82 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a…

Indian crypto exchange WazirX, which was hacked for $234 million last July, says it is on track to restart its operations pending a May 13 court decision on its restructuring proposal and user compensation plan.  If Singapore’s High Court gives the nod, WazirX parent company Zettai PTE Ltd can restart the exchange and begin its