DeFi TVL Drops, NFT Market Performs Poorly in November: DappRadar
The FTX meltdown may have laid the groundwork for an unprecedented shift in user activity from centralized finance (CeFi) to decentralized finance (DeFi), but the total value locked in the services provided by the latter has taken a serious hit.
Starbucks NFTs Are Now Available to Beta Testers
Bringing a whole new meaning to javascript, Starbucks is expanding its coffee empire to web3 in earnest, as it rolls out its loyalty program in the U.S. to beta testers.
Nouns DAO To Donate $123,000 to On-Chain Sleuth ZachXBT
The Nouns DAO community voted to donate 100 ETH ($123,000) to crypto on-chain sleuth <a href="https://twitter.com/zachxbt">ZachXBT</a> as a retroactive reward for their efforts exposing cryptocurrency scammers.
NFT-Focused Startup Metagood Raises $5 Million To Grow ‘Social Good’ Impact
Metagood, a for-profit social impact NFT startup, has raised $5 million in its pre-seed round, the team exclusively told TechCrunch.
OpenSea Integrates BNB Chain, but Will BNB Holders Benefit?
OpenSea, the world’s largest marketplace for NFTs (non-fungible tokens) has integrated BNB Chain. Thus, providing immense market exposure to the already vibrant NFT ecosystem on the chain. While NFT creators and users will benefit more from the BNB Chain platform, can BNB holders benefit from the partnership?
Trader Loses 70 ETH Over Bug in NFT Marketplace Blur
A bug in the new bidding system of non-fungible token (NFT) marketplace Blur caused a user to lose 70 ETH by accidentally overbidding on an Art Gobbler NFT.
Silks Announces Partnership with NYRA and FOX Sports: Is This The Biggest NFT Project Ever?
A project that has just made a tremendously large splash in the crypto world, after already having made waves with its NFT sales, is Silks. The metaverse project, which is focused on the real world of thoroughbred horse racing, has managed to secure a partnership with the New York Racing Association (NYRA) and FOX Sports.
ImmutableX and MoonPay Bring NFT Checkout to ImmutableX Partners
ImmutableX, in partnership with MoonPay, is thrilled to announce NFT Checkout! The Moonpay primary NFT sale checkout feature enables users to mint and owns an asset using a credit or debit card. In its mission to onboard the next billion users to web3, removing pain points and designing frictionless processes will continue to be imperative as we develop products. One process that is core to web3 is purchasing an NFT. Mainstream users currently face significant friction when trying to buy NFTs, as the process is unfamiliar and confusing.
Steve Aoki and 3LAU Launch PUNX Music Project Using CryptoPunks IP
DJs and NFT enthusiasts Steve Aoki and Justin "3LAU" Blau have teamed up on a conceptual music and art project called PUNX, inspired by their own CryptoPunks non-fungible tokens (NFTs). According to a press release, the project will be "an innovative audio-visual IRL-meets-metaverse supergroup" that uses the duo's CryptoPunks in its visual imagery. The group claims to be the first DJ set associated with CryptoPunks, which released intellectual property rights (IP) to holders in August after being acquired by Yuga Labs. (Coindesk)
Mad Money’s Host Advises Investors to Get Out of Crypto, Says ‘Never Too Late to Sell’
The host of CNBC’s Mad Money show, Jim Cramer, has advised investors to sell their cryptocurrencies following the collapse of crypto exchange FTX. Cramer is a former hedge fund manager who co-founded Thestreet.com, a financial news and literacy website. He said Monday:
