Author: NBTC
CryptoPunks topped the daily sales chart with US$1.7 million, up from US$130,640 from the day prior. Ethereum-based CryptoPunks was one of two non-fungible token (NFT) collections with more than US$1 million in sales on Tuesday, from just 14 transactions, according to CryptoSlam data. CryptoPunks’ all-time sales volume rose to US$2.82 billion, third in the all-time NFT sales. The second-highest performer of the day was another Ethereum collection, Bored Ape Yacht Club (BAYC), which recorded US$1.05 million in sales. BAYC previous day’s US$350,481, with unique buyers growing to 17 and sellers to 27, culminating in 19 total transactions. BAYC’s all-time sales…
Floki announced the upcoming release of the Valhalla mobile app and a significant token burn. Floki plans to release a mobile app for its flagship metaverse game Valhalla later this year for iOS and Android users. This move aims to expand Valhalla’s reach to billions of new users around the world, in line with Floki’s goal of becoming the most recognized and used cryptocurrency in the world. Already existing on the opBNB testnet, Valhalla has gained immense popularity, becoming the world’s most popular cryptocurrency in the metaverse on CoinMarketCap. The game is scheduled to release on the mainnet later this…
Fantasy Top, a fantasy football-esque Ethereum NFT game that turns Crypto Twitter influencers into trading cards, has seen a surge in attention since launching just one week ago on layer-2 network Blast. In fact, it’s making so much money in fees and revenue that it’s now included in the same conversations that surround many leading blockchain networks. Over the last week, Fantasy Top has been the fifth most profitable crypto protocol, according to on-chain data tracked by DefiLlama, with $9.31 million worth of ETH. It earned by selling NFT card packs and taking a cut of trades via its secondary…
Grayscale Investments is taking a page from the playbook of its biggest bitcoin ETF competitor with its “Mini,” cheaper version of GBTC. While this strategy may not work as well as BlackRock’s past comparable actions in other ETF segments, the new Grayscale fund could gain assets quickly, industry watchers said. Grayscale’s status in the bitcoin ETF category is a bit nuanced. The crypto asset manager won a court case against the Securities and Exchange Commission last year that helped lead to the regulator’s approval of such funds. On top of that, the company’s Bitcoin Trust ETF (GBTC) has the most…
Lyra’s new offering allows liquid restaking token holders to automate and package any yield-bearing strategy into an ERC-20 token, which can be used elsewhere. Initially, users will be allowed to tokenize basis trade, followed by a covered call strategy later. Decentralized options platform Lyra Finance now allows holders of liquid restaking tokens (LRT) to generate an additional yield. The platform will let holders of LTR earn extra income using automated versions of popular strategies like basis trade and covered calls. The so-called tokenized derivatives yield product has been launched in partnership with liquid restaking protocols Swell NEtwork and Ether.Fi. It…
OpenSea, the top NFT marketplace, saw a big drop in trading volume for Ethereum NFTs, hitting its lowest level since May 2021 Trading activity for Ethereum-based NFTs plummeted by 99.1% from its peak in May 2022. OpenSea, the leading NFT marketplace, has experienced a significant downturn, in trading volume for Ethereum-based NFTs. Recent data reveals that the platform has an average daily volume of approximately 600 ETH, marking its lowest point since May 2021, predating the onset of the original NFT bull market. OpenSea is doing around 600 ETH of volume per day right now in ETH NFTs, the lowest…
Shiba Inu layer-2 blockchain solution Shibarium has witnessed an extraordinary surge in its key metrics, marking an 825% increase in daily transaction volume over the last 24 hours. Data from Shibariumscan reveals a remarkable rise in transactions, soaring from 8,060 to 66,880 within a single day, setting a new record as the highest daily transaction volume seen in the last five days. This surge in activity extends beyond transaction volume alone. The number of active accounts engaging with the network has also experienced a significant uptick, escalating by 25.77% from 714 to 898. Presently, Shiba Inu’s network boasts a staggering…
Web3-focused game Nyan Heroes announced the start of its Season 2 with its highly anticipated Ranked Mode, which will reward users with the token NYAN based on their performances. The ranked season will last until May 26. Season 2 introduces a host of new missions, rewards, and gameplay experiences, including the opportunity to earn seasonal CATNIP through daily and weekly missions. The game’s ranking system, based on Matchmaking Rating (MMR), is designed to match players with similar skill levels, ensuring fair and competitive play. As players win matches, they gain MMR, which can lead to higher ranks on the leaderboard,…
Fantasy.top and Pump.fun have emerged as leading cryptocurrency protocols, ranking among the top ten by fees and revenue generated. Despite being relatively new, both platforms have rapidly built large user bases and significant trading volumes, according to DefiLlama data. Fantasy.top, a decentralized exchange focused on trading cards of prominent crypto figures, now holds the seventh position. It trails behind Tron but surpasses BNB Smart Chain’s PancakeSwap. DeFiLlama reports that Fantasy.top generated over $924,000 in fees within the last 24 hours and over $9 million in the past month. Launched on May 1 by the pseudonymous creator Travis Bickle, Fantasy.top’s popularity…
Former President Trump’s unconventional foray into the world of non-fungible tokens (NFTs) continues to make headlines, with reports emerging of a lavish Mar-a-Lago dinner scheduled with supporters who splurged thousands on his “Mugshot Edition” NFTs. This event, while seemingly a detour from his ongoing legal battles, underscores Trump’s knack for leveraging his image for financial gain. Trump’s lamentations about his legal woes impeding his campaigning efforts clash with his penchant for profit-making endeavors. Despite expressing desires to hit the campaign trail, he seems equally drawn to capitalizing on his name and likeness. This duality in his actions adds another layer…