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Dr. Jane Thomason: Green Digital Asset Solutions Include Green Tokens, Green Finance, etc.

The Future Blockchain Summit 2023 closed today in Dubai. During the conference, Dr. Jane Thomason, the first chair of the World Meta Universe Council, discussed several different areas related to climate blockchain applications. She commented that the first is green digital asset solutions: green tokens, green finance, and green bonds, as we need to mobilize funds to invest in technologies that solve climate change. The second is around smart grid management and the ability to tag and store energy as well as manage off-grid energy.

Report: UK’s $252.1 billion crypto trading volume is dominated by DEX and NFT activity

According to a report by Chainalysis, CNWE (Central and Northern Western Europe) has solidified its position as a global leader in the cryptocurrency industry, with the UK emerging as a dominant force in the region. The UK leads the way in trading activity in the region, with a total cryptocurrency trading volume of $252.1 billion in the past year, ranking third globally behind the United States and India. The report shows that DeFi services account for the largest share of cryptocurrency activity in the UK, representing 54.8% of total trading volume. NFT transactions are included in the report's definition of DeFi, with NFT platforms and decentralized exchanges (DEX) playing a key role in UK cryptocurrency activity. Platforms such as OpenSea, Sorare, and Uniswap are the preferred choices for UK cryptocurrency users.
NFT

Yuga Labs Completes Restructuring, Focuses on Developing Otherside Metaverse Extension and Supporting Existing Communities

Yuga Labs CEO Daniel Alegre has announced that the company's restructuring is now complete and the team will focus on developing its metaverse extension, Otherside, while also supporting existing communities. Alegre addressed concerns and feedback from Yuga Labs' various NFT communities after the company announced a restructuring and staff cuts earlier this month.
NFT

The Largest Holder of the NFT Project Winds of Yawanawa Is Huang Licheng

According to OpenSea data, the NFT project Winds of Yawanawa had a sales volume of $3.9 million (approximately 2493 ETH) in the past week. Yesterday, the trading volume of Winds of Yawanawa on OpenSea was 451 ETH, accounting for 25% of the total Ethereum NFT trading volume (priced in ETH) on OpenSea.

Refik Anadol’s digital art collection Winds of Yawanawa has traded for $3.9 million in the past week

According to OpenSea's data, the latest digital art collection "Winds of Yawanawa" by emerging artist Refik Anadol has generated sales of 3.9 million dollars (2,493 ETH) in the past week.
NFT

NFT Artist Ryder Ripps' Attempt to Dismiss Bored Ape Yacht Club Lawsuit Falls on Skeptical Ears

Ryder Ripps, an NFT artist, has failed to dismiss the Bored Ape Yacht Club-related lawsuit against him. During an Oct. 17 hearing, three judges from the United States Court of Appeals for the Ninth District were unconvinced by the arguments presented by Ripps and Jeremy Cahen's lawyer, who argued that the case should have been dismissed on the grounds of free speech.

The Top Three Virtual Asset Classes That Hong Kong People Are Most Interested in Holding Are BTC, NFT and ETH

School of Business and Management at the Hong Kong University of Science and Technology released the results of a public opinion survey on virtual asset investment attitudes, showing that 41% of Hong Kong people said they have no intention of holding any type of virtual asset, about 20% of respondents said they intend to hold virtual assets in the future, and cryptocurrency exchanges (61%) are the most common medium for holding virtual assets.
NFT

Web3 Creator Innovation Company Transient Labs Launches New “Shatter” NFT Smart Contract Shatter Contract

Web3 creator innovation company Transient Labs officially announced the launch of a new smart contract "Shatter Contract", aimed at reshaping the NFT collection model. Artists can cast real-world works as 1/1 digital artworks and set a limit on the number of versions of the work. Then the original digital work will be "shattered" and destroyed, and the preset number of NFT versions will be airdropped into the collector's wallet.
NFT

Animoca Brands: Will Launch New Game “Formula E: HighVoltage” on the Flow Blockchain on October 19

Animoca Brands announced on its official website that it will cooperate with game development company Amber to launch a new racing management game "Formula E: HighVoltage" on the Flow blockchain on October 19. The cars and related items in the game will be provided to players in the form of NFTs, providing digital ownership.

Yemel Jardi: Although 95% of NFTs are now worthless, the NFT field is far from regressing

Yemel Jardi, the executive director of the Decentraland Foundation, believes that despite 95% of NFTs currently having no value, the NFT field is far from regressing. As people become more knowledgeable about NFTs, their use cases, and practicality, the market will stabilize and the focus will shift from speculative trading to genuine utility and innovation.