Blockchain gaming and metaverse projects seem to have been making over the bear market much better than the other market niches. Despite the crypto market crash, the GameFi sector has spiked by 9.51% in the second quarter of 2022. According to a new report from DappRadar, blockchain games have sidestepped the ensuing bear market and…
OasisX, a multichain curated NFT marketplace and creator studio, has set up its base in Dubai Multi Commodities Centre (DMCC) in the UAE and will be launched in the next few weeks. OasisX has already onboarded about 100 artists and multiple local brands in the MENA region. “We are building the tech foundation and frontier…
Vitalik Buterin, a co-founder of the world’s largest smart contract platform Ethereum, has criticized “existing corporate attempts to intentionally create the metaverse,” in a series of Sunday tweets primarily aimed at Mark Zuckerberg’s Meta Platforms. Facebook’s pivot towards the technology under the Meta Platforms rebranding is destined to “misfire” said Buterin, due to a lack…
Breaking crypto news from the last week (July 23 – 29, 2022): July 23: Moonbeam, a smart contract parachain on Polkadot, announced a partnership with Cosmos-based decentralized exchange Osmosis to enable cross-chain token swaps between the Polkadot and Cosmos ecosystems. July 25: Digital asset exchange Bitfinex and Tether, the project behind the troubled USDT stablecoin,…
A panel of crypto industry experts expects Dogecoin (DOGE) to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” experts said, blaming Tesla CEO Elon Musk for the popularity of the meme cryptocurrency. On July 27, price comparison portal Finder updated its Dogecoin (DOGE) price predictions. The…
The International Monetary Fund (IMF) director Tobias Adrian has warned of further selloffs in crypto assets and equities. He also expects crypto to drop even more amid a recession. Tobias Adrian, director of Monetary and Capital Markets for the IMF, warned about further selling pressure in the crypto market and more crypto token failures in…