Decentraland To Hold Second Edition Of Metaverse Fashion Week In March 2023
The fashion and luxury industries persist in their aim to make the metaverse an integral part of their universe and future. While the craze for these new virtual worlds has faded, these two sectors seem determined to take advantage of their infinite possibilities.
Metaverse Fashion Week is set to return for a second edition on Decentraland. And it’s once again Decentraland that will have the honour of hosting some of the biggest fashion houses in one of its parallel worlds. The event will take place after the real-world Fashion Weeks, spanning the globe from New York to Paris in February and March.
The fashion and luxury industries persist in their aim to make the metaverse an integral part of their universe and future. While the craze for these new virtual worlds has faded, these two sectors seem determined to take advantage of their infinite possibilities.
Metaverse Fashion Week is set to return for a second edition on Decentraland. And it’s once again Decentraland that will have the honour of hosting some of the biggest fashion houses in one of its parallel worlds. The event will take place after the real-world Fashion Weeks, spanning the globe from New York to Paris in February and March.
🪙 Uniswap to allow users to buy cryptocurrency using debit and credit cards
Decentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The bank transfer option is being rolled out for users within most U.S. states, Brazil, the United Kingdom and the Single Euro Payments Area, also known as SEPA. In the announcement made on Dec. 20, Uniswap shared that its users will now be able to convert fiat to cryptocurrency on the Ethereum mainnet, Polygon, Optimism, and Artibrum in a matter of minutes. According to Uniswap, decentralized exchanges (DEX) are a much safer option than centralized exchanges (CEX) because of their built-in user protection, self-custodial wallets, permissionless, immutable protocols and transparent public ledger.
Decentralized exchange Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using debit cards, credit cards, and bank transfers. The bank transfer option is being rolled out for users within most U.S. states, Brazil, the United Kingdom and the Single Euro Payments Area, also known as SEPA. In the announcement made on Dec. 20, Uniswap shared that its users will now be able to convert fiat to cryptocurrency on the Ethereum mainnet, Polygon, Optimism, and Artibrum in a matter of minutes. According to Uniswap, decentralized exchanges (DEX) are a much safer option than centralized exchanges (CEX) because of their built-in user protection, self-custodial wallets, permissionless, immutable protocols and transparent public ledger.
Sam Bankman-Fried is now in US custody, after an 8-day stint at Bahamian prison Fox Hill.
According to Bloomberg, SBF's stay at the correctional facility was one of relative luxury.
Sam reportedly was separated from most of the other inmates, had his own cot and access to cable television, where he would spend his days watching news about himself.
The fraudster also received access to vegan food options as requested by his parents, and he was granted a shower with a barn door for privacy.
According to Bloomberg, SBF's stay at the correctional facility was one of relative luxury.
Sam reportedly was separated from most of the other inmates, had his own cot and access to cable television, where he would spend his days watching news about himself.
The fraudster also received access to vegan food options as requested by his parents, and he was granted a shower with a barn door for privacy.
🪙 PancakeSwap Launches Syrup Pools on Aptos, Now Top Aptos DEX
PancakeSwap has another incentive for users to migrate over to Aptos with the latest development. PancakeSwap has continued its migration to Aptos by adding CAKE Syrup Pools to its offerings on the nascent network. The move is the latest since the Farms release of the PancakeSwap domino effect into Aptos. The latest product offering on Aptos from the largest decentralized exchange (DEX) from BNB Chain––announced via Medium post by Chef Berries on Dec. 20––brings versatile CAKE utility to the Aptos network. Syrup Pools let users deposit CAKE and start earning. The first token in the Syrup Pool to earn will be stAPT, secured through Ditto Finance.
PancakeSwap has another incentive for users to migrate over to Aptos with the latest development. PancakeSwap has continued its migration to Aptos by adding CAKE Syrup Pools to its offerings on the nascent network. The move is the latest since the Farms release of the PancakeSwap domino effect into Aptos. The latest product offering on Aptos from the largest decentralized exchange (DEX) from BNB Chain––announced via Medium post by Chef Berries on Dec. 20––brings versatile CAKE utility to the Aptos network. Syrup Pools let users deposit CAKE and start earning. The first token in the Syrup Pool to earn will be stAPT, secured through Ditto Finance.
Sam Bankman-Fried is about to be released from prison – on a $250 million bail.
Prosecutors have called it the "largest ever pre-trial bond.”
Not bad for someone with only $100K in their bank account!
The bail was secured by his parents house in Palo Alto, California. Which is now where he will live under house arrest.
Prosecutors have called it the "largest ever pre-trial bond.”
Not bad for someone with only $100K in their bank account!
The bail was secured by his parents house in Palo Alto, California. Which is now where he will live under house arrest.
🪙 1INCH One of the Top Most Purchased Tokens by 500 Biggest ETH Whales
The crypto whale tracking website, Whale Stats, took to Twitter early on December 21 to announce that 1inch Network (1INCH) is among the top 10 tokens that were purchased by the top 500 biggest Ethereum (ETH) whales over the last 24 hours.The crypto market tracking website CoinMarketCap indicates that 1INCH is currently trading hands at $0.3975 after a 0.14% drop in price over the last day, and after reaching high of $0.4054 over the same time period. The crypto is also still in the red by more than 9% over the last week.In addition to this, 1INCH weakened against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum (ETH), by about 0.20% and 0.22% respectively. Also in the red zone is 1INCH’s 24-hour trading volume which currently stands at $12,075,983 after a more than 27% decline over the last day.
The crypto whale tracking website, Whale Stats, took to Twitter early on December 21 to announce that 1inch Network (1INCH) is among the top 10 tokens that were purchased by the top 500 biggest Ethereum (ETH) whales over the last 24 hours.The crypto market tracking website CoinMarketCap indicates that 1INCH is currently trading hands at $0.3975 after a 0.14% drop in price over the last day, and after reaching high of $0.4054 over the same time period. The crypto is also still in the red by more than 9% over the last week.In addition to this, 1INCH weakened against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum (ETH), by about 0.20% and 0.22% respectively. Also in the red zone is 1INCH’s 24-hour trading volume which currently stands at $12,075,983 after a more than 27% decline over the last day.
Metaverse market collapses, with monthly platform sales falling 96% so far this year
Metaverse platforms brought in $49.2 million in monthly trading volume in January, that figure dropped to a mere $2 million in November, a decline of 96% from the start of the year, according to The Block Research's 2023 Digital Asset Outlook report.
Metaverse land prices have also fallen 90% from the beginning of the year, according to The Block's data dashboard. While metaverse platform The Sandbox lost its dominance in land sales to NFT Worlds during the first few months of 2022, it finished off the year with 54% of market sales in November.The second most populated platform, Decentraland, had 6,529 unique users.
Metaverse platforms brought in $49.2 million in monthly trading volume in January, that figure dropped to a mere $2 million in November, a decline of 96% from the start of the year, according to The Block Research's 2023 Digital Asset Outlook report.
Metaverse land prices have also fallen 90% from the beginning of the year, according to The Block's data dashboard. While metaverse platform The Sandbox lost its dominance in land sales to NFT Worlds during the first few months of 2022, it finished off the year with 54% of market sales in November.The second most populated platform, Decentraland, had 6,529 unique users.
💰 1inch Network Introduces Fusion Update for DeFi Swaps
The popular DEX aggregator announced the launch of Fusion, which focuses on the 1inch Swap Engine and aims to enhance user experience with DeFi swaps. Users will be able to choose between three options with the Fusion mode. The press release shared with CryptoPotato informed that 1inch Swap Engine “facilitates Fusion, which empowers DeFi users to place orders with a specified price and time range, paying no network fees.”. The team said Fusion mode allows users to swap tokens on various decentralized exchanges without paying any network fees, “at the most favorable rates.”
The popular DEX aggregator announced the launch of Fusion, which focuses on the 1inch Swap Engine and aims to enhance user experience with DeFi swaps. Users will be able to choose between three options with the Fusion mode. The press release shared with CryptoPotato informed that 1inch Swap Engine “facilitates Fusion, which empowers DeFi users to place orders with a specified price and time range, paying no network fees.”. The team said Fusion mode allows users to swap tokens on various decentralized exchanges without paying any network fees, “at the most favorable rates.”
Samsung Is Investing More Than $35 Million in Latam-Focused Metaverse Initiatives
Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences.
Many companies have started to put their products and their brands in the metaverse, considering it an important part of their marketing strategy. Samsung, one of the biggest electronics companies in the world, has recently revealed it is investing more than $35 million in metaverse initiatives directed at Latam customers.
Samsung, the Korean electronics behemoth, has revealed it is currently investing more than $35 million dollars in metaverse initiatives for the Latam audience. The objective behind this move is to help the brand attract and connect with younger audiences.
Many companies have started to put their products and their brands in the metaverse, considering it an important part of their marketing strategy. Samsung, one of the biggest electronics companies in the world, has recently revealed it is investing more than $35 million in metaverse initiatives directed at Latam customers.
💰 Uniswap Social Dominance Increases By 443.6% Despite Its Poor On-chain Metrics
The price motion of the whole crypto market over the previous several days has not been in line with investor interest. However, Uniswap remained a hot topic in the crypto space as its social dominance went up this week. Despite the fact that most cryptocurrencies did not see an increase, LunarCrush reported that UNI remained a big subject in the crypto realm this week, with its social dominance increasing. UNI remained popular, but market signs indicated that investors should be wary since things may worsen in the following days.
The price motion of the whole crypto market over the previous several days has not been in line with investor interest. However, Uniswap remained a hot topic in the crypto space as its social dominance went up this week. Despite the fact that most cryptocurrencies did not see an increase, LunarCrush reported that UNI remained a big subject in the crypto realm this week, with its social dominance increasing. UNI remained popular, but market signs indicated that investors should be wary since things may worsen in the following days.
Famed YouTuber Coffeebreak_yt has completed his investigative trilogy into loganpaul's Cryptozoo project.
The series, which launched on YouTube, examines whether Logan Paul and/or his business associates are liable for perpetrating a scam on his followers.
The videos, which are incredibly well researched – show masterful journalism by Coffeezilla, who is currently one of the most celebrated YouTubers.
The series, which launched on YouTube, examines whether Logan Paul and/or his business associates are liable for perpetrating a scam on his followers.
The videos, which are incredibly well researched – show masterful journalism by Coffeezilla, who is currently one of the most celebrated YouTubers.
National Geographic partners Snowcrash to release first NFT collection in 2023
National Geographic is one of the most populous magazines read globally, with a total circulation of 6.1 million as of June 2016. The magazine, which is owned by National Geographic Partners, is used as an educative.
Snowcrash is a Web3 studio and NFT platform where artists can design and launch digital collectibles. A breakdown of the NFT release confirms that there will be 1888 NFTs in total, which is likely connected to the founding date, and will be ready forint on January 17, 2023, on Snowcrash. The organization, which started in 1888, is also linked to Nat Geo Wild and National Geographic Kids.
National Geographic is one of the most populous magazines read globally, with a total circulation of 6.1 million as of June 2016. The magazine, which is owned by National Geographic Partners, is used as an educative.
Snowcrash is a Web3 studio and NFT platform where artists can design and launch digital collectibles. A breakdown of the NFT release confirms that there will be 1888 NFTs in total, which is likely connected to the founding date, and will be ready forint on January 17, 2023, on Snowcrash. The organization, which started in 1888, is also linked to Nat Geo Wild and National Geographic Kids.
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The second trip to the Otherside metaverse is set to come in late March 2023. New features will include environments, new gameplay elements, and a larger number of concurrent users than the first trip.
However, customizable avatars will not be ready this time around. Yugalabs announced that the activations will be going online starting Q1 2023 and lasting the entire year.
However, customizable avatars will not be ready this time around. Yugalabs announced that the activations will be going online starting Q1 2023 and lasting the entire year.
🪙 Address Related To Alameda Research Claims 11 Million 1INCH
The on-chain analysis platform known as Lookonchain took to Twitter earlier today to share some 1inch Network (1INCH) whale activity. According to the post, an address related to Alameda claimed 11 million 1INCH, which is worth about $4.45 million, around 16 hours ago.The post Address Related To Alameda Research Claims 11 Million 1INCH appeared first on Coin Edition.
The on-chain analysis platform known as Lookonchain took to Twitter earlier today to share some 1inch Network (1INCH) whale activity. According to the post, an address related to Alameda claimed 11 million 1INCH, which is worth about $4.45 million, around 16 hours ago.The post Address Related To Alameda Research Claims 11 Million 1INCH appeared first on Coin Edition.
💰 1inch upgrades to offer gasless custom swaps with Fusion
1inch, the largest decentralized exchange aggregator by daily volume, carried out a protocol upgrade called Fusion that claims to give DeFi users the ability to place custom swap orders at specific prices without having to pay gas fees. 1inch is a project that lets traders access liquidity from multiple DEXs in order to swap tokens from within a single platform. It leads in the DEX aggregation niche, processing over $1 billion in trading volume within the past week alone, ahead of competitors like Paraswap, Matcha and Cowswap. The Fusion upgrade relates to 1inch's Swap Engine, a mechanism that connects users.
1inch, the largest decentralized exchange aggregator by daily volume, carried out a protocol upgrade called Fusion that claims to give DeFi users the ability to place custom swap orders at specific prices without having to pay gas fees. 1inch is a project that lets traders access liquidity from multiple DEXs in order to swap tokens from within a single platform. It leads in the DEX aggregation niche, processing over $1 billion in trading volume within the past week alone, ahead of competitors like Paraswap, Matcha and Cowswap. The Fusion upgrade relates to 1inch's Swap Engine, a mechanism that connects users.
NFT Marketplace CroSea 2.0 Launch Set For Jan. 25
The launch of CroSea 2.0 in January promises new features and an upgraded experience for users of the largest open NFT marketplace on Cronos Chain.
CroSea, the largest open NFT marketplace on Cronos Chain, announced a major upgrade coming up in the new year, promising Decentralized Finance (DeFi) aggregation, profit sharing, a new user experience, and more. The launch of CroSea 2.0 is set for Jan. 25.The price and popularity of Non-Fungible Tokens (NFTs) have been affected by the general market downturn, and activity on CroSea has also been impacted.
The launch of CroSea 2.0 in January promises new features and an upgraded experience for users of the largest open NFT marketplace on Cronos Chain.
CroSea, the largest open NFT marketplace on Cronos Chain, announced a major upgrade coming up in the new year, promising Decentralized Finance (DeFi) aggregation, profit sharing, a new user experience, and more. The launch of CroSea 2.0 is set for Jan. 25.The price and popularity of Non-Fungible Tokens (NFTs) have been affected by the general market downturn, and activity on CroSea has also been impacted.
🪙 Uniswap V3 was the most used Ethereum contract in 2022
Uniswap V3 has become the most popular Ethereum contract in 2022, ranking first when it comes to total gas used throughout the year. Uniswap V2 also saw 17% of its transactions reverted, the highest percentage out of all of the most popular Ethereum contracts.According to data from Dune Analytics, Uniswap V3 used up over 2.8 million gas in 2022. This is more than three times higher than the amount of gas consumed in Uniswap V2, showing that users have flocked en masse to the DEX’s newest iteration. Uniswap V2 also saw 17% of its transactions reverted, the highest percentage out of all of the most popular Ethereum contracts.
Uniswap V3 has become the most popular Ethereum contract in 2022, ranking first when it comes to total gas used throughout the year. Uniswap V2 also saw 17% of its transactions reverted, the highest percentage out of all of the most popular Ethereum contracts.According to data from Dune Analytics, Uniswap V3 used up over 2.8 million gas in 2022. This is more than three times higher than the amount of gas consumed in Uniswap V2, showing that users have flocked en masse to the DEX’s newest iteration. Uniswap V2 also saw 17% of its transactions reverted, the highest percentage out of all of the most popular Ethereum contracts.
📈 Pudgy Penguins NFTs Break All-Time Highs With Holiday Rally
The Ethereum-based non-fungible token (NFT) lineup has eclipsed Bored Ape Yacht Club (BAYC) and other so-called “blue chip” digital collectibles in 24-hour trading volume – its 1,200 ETH is nearly double that of the runner-up, BAYC, according to data site Nansen.
That surge in trading activity comes as Pudgy Penguins sets new all-time highs in terms of ETH-denominated floor price, a popular metric. At press time, the lowest asking price for a “Pengu” on NFT trading hub OpenSea was 7 ETH. That’s a 32% jump in 24 hours, per Nansen. The market drama caps Pudgy Penguins’ year-long redemption arc. It began 2022.
The Ethereum-based non-fungible token (NFT) lineup has eclipsed Bored Ape Yacht Club (BAYC) and other so-called “blue chip” digital collectibles in 24-hour trading volume – its 1,200 ETH is nearly double that of the runner-up, BAYC, according to data site Nansen.
That surge in trading activity comes as Pudgy Penguins sets new all-time highs in terms of ETH-denominated floor price, a popular metric. At press time, the lowest asking price for a “Pengu” on NFT trading hub OpenSea was 7 ETH. That’s a 32% jump in 24 hours, per Nansen. The market drama caps Pudgy Penguins’ year-long redemption arc. It began 2022.
🪙 Uniswap: The Overall Transaction Volume In 2022 Will Surpass 620 Billion US Dollars
On December 29, Uniswap Labs stated on Twitter that the overall transaction volume of the decentralized trading platform’s 3 million independent wallets will top 620 billion US dollars in 2022, with 68 million transactions. This projection was made in light of the fact that the platform is expected to support 68 million transactions. Uniswap introduced a trading service platform that specializes in NFT aggregation. There are currently 4,007 users registered on the website, which has resulted in 5,135 sales and a total transaction volume of 2,656 ETH (about 3.3 million U.S. dollars).UNI continued to enjoy widespread popularity; nevertheless, market signs showed that investors should exercise caution because the situation may deteriorate in the days ahead.
On December 29, Uniswap Labs stated on Twitter that the overall transaction volume of the decentralized trading platform’s 3 million independent wallets will top 620 billion US dollars in 2022, with 68 million transactions. This projection was made in light of the fact that the platform is expected to support 68 million transactions. Uniswap introduced a trading service platform that specializes in NFT aggregation. There are currently 4,007 users registered on the website, which has resulted in 5,135 sales and a total transaction volume of 2,656 ETH (about 3.3 million U.S. dollars).UNI continued to enjoy widespread popularity; nevertheless, market signs showed that investors should exercise caution because the situation may deteriorate in the days ahead.