Ad Key Takeaways On-chain gaming activity rose by 1.31% to 858,621 dUAW in January. On average, top gaming tokens’ market caps increased by 122%, with GALA leading at 218% and $384 million. Sewer Pass generated $44.6M in trading volume and 10,561 sold NFTs in just two weeks as Yuga hosted its Dookey Dash competition. Investments…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 3…
Ad Popular NFT collection Friendsies tweeted Feb. 15 that it would pause its development, citing “challenging” market conditions as the primary reason for its hiatus. “We had the best intentions to create a genuine digital companion for the future,” the company tweeted. “However, the market’s volatility and difficulties have made it increasingly challenging to advance…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 3…
Ad Bill Qian, the former head of venture capital investments and acquisitions at Binance Holdings Ltd., says he aims to raise over $100 million through a new crypto venture capital fund. Qian told Bloomberg he sees a need for significant user growth as one of the crypto industry’s most critical challenges, a key factor in…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 3…
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 3…
Ad British MP Matt Hancock is continuing his mission to support blockchain technology through a new NFT collection called “From Ukrain with Love,” according to a statement given to CryptoSlate. From Ukraine with Love The NFT collection comprises works painted by Ukranian artist Oleg Mischenko before the war and will be sold at The NFT…
Quick Take Web3 gaming is still in its early stages of development. The future of web3 gaming will be more sustainable and rewarding. Tokens can be used as a new business model in web3 gaming. The key to creating a successful economy in a game is to value players’ effort. Creating a great game is…
Ad A new chart looking at Ethereum gas usage by transaction type relative to a 30-day moving average shows that NFTs now make up for 27% of ETH gas usage, up from around 15% towards the end of 2022. Ethereum gas usage by transaction type (Source: Glassnode) In Ethereum, gas is the unit of measurement…