Ronin Network Faces New Security Scare Involving $9.33 Million

The Ronin blockchain, widely known for its association with the popular game Axie Infinity, is under scrutiny once again. According to PeckShield, Ronin is suspected of being hacked, with an estimated $9.33 million at risk. This comes in the wake of a major security breach in March 2022, where Axie Infinity’s sidechain, Ronin Network, suffered … Read more

Pixel Game Sees Record Surge Amidst Growing Investor Interest

The social casual web3 game, Pixel, has experienced an unprecedented surge in value over the past two weeks, reaching an all-time high. Powered by the Ronin network, Pixel has captured the attention of investors and enthusiasts alike with its innovative gameplay and potential for growth in the emerging web3 gaming space. A significant development occurred … Read more

Smart Contract Tokens, Defi Economy See Strong Growth, Market Capitalization Swells by $78 Million in 30 Days

Smart contract tokens and the decentralized finance economy have been on a tear during the last month, gaining against the U.S. dollar. The market capitalization of the smart contract platform token economy has swelled by $78 million over the last 30 days, increasing from $243 billion to the current $321 billion. Furthermore, the total value … Read more

NFT Sales Drop 59% in Second Week of 2023; Ethereum Dominates Top 20 Blockchains with 75% of Sales

Non-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior, as NFT sales are down 59.35% this week. During the past seven days, $208.68 million in NFT sales were recorded, with $157.20 stemming from the Ethereum blockchain. The top-selling NFT collection this past week was the Bored Ape Yacht Club (BAYC), … Read more

NFT Sales Jumped 22% Higher This Month With $568 Million in NFTs Sold Across 20 Blockchains

Non-fungible token (NFT) sales have shown improvement during the last month as 30-day statistics show NFT sales are up 22.37% higher than the month prior. During the last seven days, NFT sales are up 5.13% higher than the week before. Additionally, over the last two days, the floor value of Bored Ape Yacht Club (BAYC) … Read more