dappradar – Ƀitsell X

Blockchain Brawlers Enters Fortnite’s Home – Launches on Epic Games Store to 230 Million Gamers Globally

October 19, 2023

Web3 ecosystem for gaming Worldwide Asset Exchange (WAX) announced that its blockchain-based, wrestling-themed non-fungible token (NFT) game Brawlers has launched on the major digital distribution platform Epic Games Store (EGS) — becoming available to more than 230 million PC gamers worldwide. “These aren’t just your run-of-the-mill Brawlers; they’re your golden ticket to dominating the virtual…
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Ether price risks losing the $1.6K support as multiple ETH price metrics decline

September 6, 2023

A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support. Ether’s price surged by 31.3% from March 10 to March 18, coinciding with the Federal Reserve’s injection of $300 billion to address the insolvency of Silicon Valley Bank. Since then, Ether’s (ETH) price has consistently maintained a…
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NFT marketplace Rarible sees uptick after commitment to royalties

August 24, 2023

NFT aggregator Rarible said that by October, it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea. Nonfungible token marketplace Rarible has seen a substantial uptick in trading volume over 24 hours following a public statement in support of maintaining NFT creator royalties. It comes as competitor NFT marketplaces such…
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Ordinals Sales In Freefall: 97% Decrease Sparks Worries About Bitcoin NFT’s Extinction

August 19, 2023

Bitcoin Ordinals, once the shining star of the NFT world, is experiencing a significant downturn in both sales volume and transactions, igniting discussions about the lasting appeal of these digital collectibles. According to a recent report from DappRadar, the fervor that propelled Bitcoin Ordinals to record-breaking heights earlier this year has dwindled, with sales volume…
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Study: Bitcoin Ordinal NFT Sales Nosedive as Broader Market Cools

August 18, 2023

The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since their May 2023 zenith. This downturn mirrors a wider slowdown in the NFT sector. However, the slump in Bitcoin Ordinals is…
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Crypto survey finds 47% of investors expect Ether to ‘surpass’ Bitcoin

July 19, 2023

Fidelity Digital Assets gave a bullish forecast for ETH in the next 12 months, while a separate survey from CryptoVantage found 47% of investors expect Ether to “surpass” Bitcoin. Fidelity Digital Assets released a “Q2 2023 Signals Report” on July 18, which claimed that Ether’s outlook for the next 12 months and the long term is…
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Dappradar: Metaverse Projects Command 43.68% of the Web3 Investments in 2023

July 4, 2023

While metaverse and virtual world projects have nosedived, a recent report of Dappradar, a Web3 tracking site, has revealed that venture capital firms have invested $707 million in these projects since the start of 2023. This means that, even when the metaverse narrative was substituted by meme tokens and artificial intelligence (AI), 43.68% of these…
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US Justice Department on the hunt for DeFi hackers and thieves: Report

May 15, 2023

The U.S. Justice Department’s top crypto cop said that it was a “pretty significant issue,” given the rise of North Korean “state-sponsored hackers.” The United States Department of Justice’s (DOJ) crypto tsar is cracking down on Decentralized Finance (DeFi) hackers and exploiters amid a four-year rise in illicit crypto activity. In a Financial Times report published…
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Gaming engine Unity adds MetaMask functionality among new Web3 tools

March 1, 2023

Blockchains Solana and Tezos were also among the 13 “vetted” crypto platforms added to Unity’s Asset Store. Video game development platform Unity has added a slew of crypto platforms to its asset store aimed at assisting developers interested in Web3 technology to streamline decentralization efforts. Unity said on Feb. 28 it had released a new…
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NFTs still in ‘great demand’ as unique traders rise 18% in Oct: DappRadar

November 4, 2022

A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased. October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows the market is still in “great…
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