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Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%

On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded…

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NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises 

Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million…

Continue ReadingNFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises 

Japanese Software Giant Line Plans to Launch NFT Market Next Month

The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the…

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Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%

As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range…

Continue ReadingValue Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%

NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior

After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales…

Continue ReadingNFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior

British Investment Bank HSBC Joins Metaverse via Sandbox, Animoca Brands Partnership

The British multinational investment bank and financial services holding company, HSBC, has revealed it has partnered with the blockchain virtual gaming platform The Sandbox. According to the platform’s parent company,…

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NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge

The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than…

Continue ReadingNFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge

Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days

Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out…

Continue ReadingWeekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days

Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales

This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E)…

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Webbland Metaverse Sales Jump 126% as 2 Penthouses Sell for Six-Figures

While blockchain virtual worlds have seen significant demand during the last few months, an “interoperable pixel metaverse” project called Webbland has seen weekly NFT sales spike by 126.24%. The project…

Continue ReadingWebbland Metaverse Sales Jump 126% as 2 Penthouses Sell for Six-Figures