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Axie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’

The leading NFT game announced an update that would effectively slash the creation of its native Smooth Love Potion tokens by 56%.

Continue ReadingAxie Infinity token AXS gains 40% after taking steps to avoid ‘permanent economic collapse’

Virtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year

During the last seven days, virtual lands sold in the metaverse have outpaced a great number of non-fungible token (NFT) sales. Moreover, metaverse native crypto tokens like axie infinity, sandbox…

Continue ReadingVirtual Metaverse Plots Outpace Top NFT Collection Sales, Play-to-Earn Tokens Surged in Value This Year

Sneaker Giant Adidas Says the Metaverse Is ‘Exciting,’ Reveals Partnership With Coinbase

The German multinational shoe and sportswear corporation Adidas recently announced the company has partnered with the cryptocurrency exchange Coinbase. Two days prior, The Sandbox tweeted about the popular shoe company…

Continue ReadingSneaker Giant Adidas Says the Metaverse Is ‘Exciting,’ Reveals Partnership With Coinbase

Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days

30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the…

Continue ReadingDespite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days