Virtual sporting company Raramuri is hosting the world’s first-ever marathon in the metaverse, where participants can earn digital rewards for running in real life (IRL). The event will take place on June 2, with this year’s annual Global Running Day to be built on the KardiaChain blockchain in what the company is calling its first…
Global fantasy football platform Sorare just landed its biggest ever NFT sale, with the Norwegian football superstar Erling Haaland NFT selling for just over A$1 million (265 ETH). Fanatic YouTubers followed the auction live on-stream and were both excited and shocked when the auction price just kept going up and up. The eventual winner was…
The Ethereum network’s hashrate has been on a steady incline since its inception but has now reached a significant milestone of 1PH/s and went on to break its previous all-time high, reaching 1.11 PH/s nearing the move to Proof-of-Stake (PoS). During the past year, usage of the Ethereum network has increased significantly with many projects…
The singles champions at this year’s Australian Open (AO), Ash Barty and Rafael Nadal, pocketed a cool A$2.875 million each for two weeks’ work – but they weren’t the only big winners of the tennis world’s first Grand Slam of the season, completed last weekend. Fans attending matches in the metaverse had the chance to…
ApeDAO, a decentralised autonomous organisation (DAO) founded by pseudonymous non-fungible token collector KyloRen, is the third-largest holder of Bored Ape Yacht Club (BAYC) NFTs. Community discontent has led to a vote on the question of whether to dissolve the DAO. Available evidence suggests that soon, the DAO will be no more: 81 Bored Apes +…
Overview Daily spot trading volume: $859.4 million, 30 day average spot: $1.11 billion. Total futures notional at $274.1 million. Most traded: Bitcoin (+0.5%) $243.9 million, Tether $183.8 million, Ethereum (+3.8%) $165.3 million. Biggest Winners: Mina (+11%), Solana (+11%), Tezos (+7.5%). Biggest Losers: Synthetix (-5.9%), Mana (-5.1%), Uniswap (-5.2%). February 01, 2022 $859.4M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD BTC $38719. ↑0.5% $243.9M USDT $1.0006 ↑0.01% $183.8M ETH $2790.1 ↑3.8% $165.3M SOL $110.07 ↑11% $69.9M…
Key Takeaways Grayscale Investments has announced its first ETF, the Grayscale Future of Finance ETF. The exchange traded fund tracks the Bloomberg Grayscale Future of Finance Index, which is a basket of various crypto-focused companies. For now, the index includes 22 companies. Grayscale Investments has launched its first exchange traded fund. The Grayscale Future of…
Key Takeaways NFT avatar projects such as Bored Ape Yacht Club and Azuki are soaring in value. The renewed interest in NFTs could be due to the lack of momentum in the wider crypto market. Despite the gaming community rallying against NFTs, user growth and trading volumes on marketplaces like OpenSea shows no signs of…
Key Takeaways OpenSea has become the home of NFT trading, but its various problems are leading users to seek out alternatives. LooksRare caused a storm when it launched with a token for active OpenSea traders last month. Coinbase NFT should also have a major impact on the space once it launches this year. OpenSea became…
Cardano has announced technical improvements to deal with reported congestion. Key Takeaways Cardano is increasing its block size from 72KB to 80KB. Plutus script memory units will also get a bump. The updates are set to ship this Friday. Cardano is aiming to become more scalable this year in a bid to catch up with…
