DeFi and NFT Upticks in May Could Mark Start of Recovery
As Bitcoin surged to a new all-time high in May, sparking momentum across cryptocurrencies, the decentralized app industry also saw...
Non-Fungible Token (NFT)
Can The Sector Find a New Life?
Following a brief wave of optimism in early 2024, the NFT lending market has drastically slowed. As of May 21,...
AI and Social Dapps Lead Growth as Crypto Market Cools Post-Trump Election
In Q1 2025, the dapp industry maintained its strength despite a mild dip in activity. Although the crypto market had...
The Rise and Fall of Art NFTs
Art NFTs became a hot topic in the Web3 industry during 2021 and 2022, experiencing a surge in popularity. That...
Immutable X and zkEVM NFT Sales Surge 55% in Q4 2024, But Market Participation Declines
In the fourth quarter of 2024, the total NFT sales volume across Immutable X and Immutable zkEVM increased by 55.3%...
Yuga Labs Secures Major Win as SEC Closes Investigation Without Charges
After more than two years under regulatory scrutiny, Yuga Labs announced that the US Securities and Exchange Commission (SEC) has...
Pudgy Penguins’ Massive Airdrop Windfall Explained
Pudgy Penguins NFT holders have amassed significant rewards from a series of lucrative airdrops over the past year. The latest...
Tezos Sees Rising Revenue but Declining Activity as Users Shift to Layer 2
Tezos Layer 1 saw a 30.4% quarter-over-quarter (QoQ) rise in transaction fee revenue, reaching 11,100 XTZ in Q4 2024. Meanwhile,...
NFTs Endure One of Their Weakest Years Since 2020 in Trading and Sales
The non-fungible token (NFT) market appears to have lost out on significant gains in the past year despite a broader...
FIFA Fans Get A Chance To Own Sports Memorabilia Via NFT Platform Powered By Algorand Blockchain
FIFA World Cup Qatar 2022 along with its official blockchain partner Algorand (ALGO) is set to launch a new sports...