HyperPlay raises $12M in Series A funding round

cointelegraph.com On June 8, HyperPlay — a Web3-native game launcher — said it closed its Series A funding round after raising $12 million from investors, including co-leaders Griffin Gaming…

GameStop Fires CEO Who Oversaw Retailer's NFT Push

decrypt.co After two years with the company, GameStop CEO Matt Furlong has been terminated, according to a statement released by the company today. Furlong oversaw the long-running…

NFT Lending Is Trending, Raising Concerns of ‘Predatory’ Platform Behavior

coindesk.com What started as a way to capitalize on the bull run of NFTs in 2021 has recently exploded in popularity as major Web3 players entered the market. In May, leading NFT…

About Half of Crypto Hacks and Exploits in May Targeted BNB Chain, According to DappRadar

dailyhodl.com New data reveals that 50% of all crypto hacks and exploits during the month of May targeted BNB Chain (BNB), the blockchain of Binance, the world’s largest crypto exchange…

Dapp Industry Grew by 10% in May Despite DeFi Declines

cryptopotato.com According to DappRadar’s monthly industry report, the decentralized application industry grew by 9.97% in May. It has reached an average of 1,967,051 daily unique active…

Ethereum-Based Cross-Chain Trading Platform Emerges As New Front Runner in Decentralized App Space: DappRadar

dailyhodl.com An under-the-radar cross-chain token trading platform based on Ethereum (ETH) has emerged as a new frontrunner in the decentralized app (DApp) space, according to blockchain…

dApp Market Grows 10% in May, DeFi TVL Falls Back 4.3%

beincrypto.com The industry experienced a mixed performance in May, with DeFi seeing a decrease in total value locked (TVL) but an increase in its share of on-chain activity. The dApp…

Blur overtakes OpenSea even as monthly NFT trading falls below $1 billion for first time in 2023

fortune.com Upstart NFT marketplace Blur, even as the overall market retreated, dominated OpenSea in trading volume for the month of May. The NFT marketplace, which distinguishes itself…

What’s next for crypto miners after US debt ceiling deal?

forkast.news In this issue US crypto mining tax: No deal NFT lending: Awash with competition Beijing and Web3: Red hot ambitions From the editor’s desk Dear Reader, Innovation is a messy…

Memecoins the next catalyst for crypto adoption

cointelegraph.com In episode 22 of Hashing It Out with Cointelegraph’s Elisha Owusu Akyaw, Sara Gherghelas, blockchain research analyst at DappRadar — a cryptocurrency data tracking platform…

Web3 gaming gets competitive: QORPO Game Studio joins Cointelegraph Accelerator

cointelegraph.com The Web3 gaming world saw consistent growth and exciting developments in the first quarter of 2023, according to a DappRadar report. Traditional Web2 gaming companies…

5 Years After the $500,000 Ethereum Wager Between Joe Lubin and Jimmy Song, Who Won?

coindesk.com Yet, it's not an irrelevant historical curiosity. The terms between bitcoin maximalist Jimmy Song and Ethereum co-founder Joe Lubin – major figures on what are arguably…

First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

coindesk.com 2023 has been an odd year for crypto. In December, during the depths of crypto winter, the price predictions for bitcoin were pretty grim. $10-12K by the first quarter of…

Raydium Prices Shot 30% 2 Weeks Ago Before Plunging, What Happened?

newsbtc.com RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging…

NFT wash trading report surfaces amid declining trading volume

cryptoslate.com NFT markets have displayed an intriguing set of metrics in 2023 as wash trading and token farming practices emerge amidst declining overall trading volumes. According to a…

From Square Enix to Ubisoft: The Biggest Publishers Building NFT Games

decrypt.co Many traditional or “Web2” video game studios around the world are developing new games that leverage blockchain networks, cryptocurrency, and NFTs. Some of the game…

DappRadar: Blur's NFT lending marketplace Blend amassed 169,900 ETH, or about $308M, in volume since its May 1 launch, taking 82% of total lending volume market

coindesk.com According to a report from blockchain data aggregator DappRadar released on Wednesday, in its first 22 days, Blend accumulated 169,900 ETH, or about $308 million in trading…

New Crypto Protocol Captures More Than 80% of the NFT Lending Market in Just One Month: DappRadar

dailyhodl.com One crypto lending protocol that just launched this month has already established a dominant grip over the non-fungible token (NFT) lending market, according to blockchain…

Everything About Blend, Blur's NFT Lending Platform

nftplazas.com NFT lending has been around for a while in the decentralized space. It involves borrowing cryptocurrencies with NFTs as collateral. This kind of borrowing usually comes with…

Blur Dominates NFT Lending Market With 82% of All Loan Settlements Across the Sector, Dappradar Study Reveals

bitcoin.com A recent study by Dappradar discloses the May loan volumes for non-fungible tokens (NFTs) reached a high of $375 million. The findings emphasize the significant influence of…

Blend Drives Surge In NFT Lending Activity

thedefiant.io New Lending Protocol Accounted For 82% Of Borrowing In May: DappRadar Blend, a recently launched lending protocol from Blur, the top NFT marketplace by volume, has driven a…

More NFT Holders On Blur Are Taking Loans, Not Trading

bitcoinist.com Recent on-chain data reveals that Blur, the peer-to-peer, zero-fee non-fungible token (NFT) marketplace and aggregator, is now more popular for facilitating loans than…