Crypto users spent $2.7B minting NFTs in first half of 2022: Report
Over 1 million unique wallet addresses were involved in the minting process, signaling that nonfungible token market activity remained strong. Go to Source Powered by WPeMatico
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NFT volume sees yearly low in June, but first-time buyers remain consistent
Nansen’s NFT analysis draws into focus the numbers behind the market’s first bearish cycle. Go to Source Powered by WPeMatico
Nansen’s indexes reveal insightful trends in the NFT space
The platform’s newly-introduced NFT-500:ETH index reports a 68.5% growth for the top-500 Ethereum NFT’s since the beginning of the year, despite experiencing a corrective 28.8% decline over the course of the past 30-days. Go to Source Powered by WPeMatico
Web3 gaming in the third world; Axie facilitating billions
Following quantitative data of Axie Infinity generating billions of dollars in transactional volume, we speak to experts from the blockchain gaming space about the morality of P2E, as well as alternate, more consumer-conscious models. Go to Source Powered by WPeMatico
Nansen Report Highlights Growth of Defi and NFTs in 2021
Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable year, with many new wallets experiencing growth as a result. … Read more
Blockchain analytics service Nansen to incorporate DeFi protocol Arbitrum
Arbitrum is currently the ninth ranked DeFi chain with $2.38 billion in total value locked. Go to Source Powered by WPeMatico
Blockchain service provider Nansen to integrate Solana data analytics
The platform will introduce a statistical dashboard in Q1 2022 dedicated to tracking insights and trends in Solana’s NFT and DeFi ecosystems. Go to Source Powered by WPeMatico
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help and monitor other blockchains. Crypto Metrics Provider … Read more
NFT Leaderboard Study Highlights the Crypto Industry’s Leading NFT Collectors
As the non-fungible token (NFT) space continues to grow, the blockchain analytics Nansen has published a leaderboards list of the top wallets (NFT collectors) that interact with NFTs on a regular basis. The analytics firm combed through 90 million ethereum wallets and found a number of big market players making moves in the NFT space. … Read more
$100 Million Liquidated on Defi Protocol Compound Following Oracle Exploit
Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data supplied by the Coinbase oracle pushed the price of the … Read more
