Technology
NFTs
Here’s why OpenSea users are buying more NFTs on Polygon
NFT activity on marketplace OpenSea over the Polygon network has soared the past months. As NFT activity shifts to Polygon, users save hundreds of millions in Ethereum gas fees.
Metaverse
Thank Facebook for metaverse bonanza, real estate may sell for $1 billion in 2022
Last year, real estate in the metaverse sold for over $500 million, with the majority of the action taking place on the “Big Four” platforms. Sales have potential to double this year.
Regulation
U.S. debt hits $30 trillion, brrrrr…
According to Treasury Department data published Tuesday, the national debt of The U.S. surpassed $30 trillion for the first time. Since January 2020, the U.S. has printed 80% of all U.S. dollars in existence.
Stablecoins
USDC blacklist cost users an extra $3.6 million – per month
Checking against the internal record of blacklisted addresses cost USDC users millions of dollars each month. This makes the stablecoin USDC around 40% more expensive to use than the decentralized stablecoin DAI.
Analysis
Is Bitcoin in for a short squeeze? 4 bullish trends to look out for
Since all-time-high in November 2021, things has been looking gloomy in the cryptocurrency market with bitcoin falling almost 50%. But there are clear trends suggesting a shift is on the horizon.
Metaverse
Apple: The Metaverse “is very interesting to us and we’re investing accordingly”
The Metaverse has a lot of potential, according to AppleCEO Tim Cook, and Apple sees the exuberant expansion of the technology as “very interesting”.
Adoption
Belgian Member of Parliament to convert entire 2022 salary into Bitcoin
A seemingly daring choice given choppy markets, Christophe De Beukelaer, Brussels deputy cdH, decided to convert all of his deputy salary into Bitcoin.
Analysis
Report: Strong activity underscores institutional interest across digital assets
Last quarter of 2021 became a record breaking quarter for digital currency prime brokerage Genesis following a growing global institutional interest in digital assets.
Regulation
EU seeks to develop a government DNS resolver, block “illegal content”
The European Commission has published a proposal outlining a European DNS service that could, in the worst case, deny EU citizens from using crypto services. The proposal proposes to protect the privacy of end-users and filter malicious content.
Analysis
Report: Crypto fundamentals are stronger than ever
The recent sell off was largely driven by sentiments over U.S. Federal Reserve’s quantitative tightening and projections of increased interest rates, however crypto fundamentals are stronger than ever.
Analysis
Money laundering 0.05% of all crypto transactions in 2021: Chainalysis report
Of all cryptocurrency transactions in 2021, a mere 0.05% can be associated with money laundering. Almost half of all illicit funds are funneled through just a few centralized services, but DeFi is on the rise.
NFTs
Transaction volume up, users down – is OpenSea challenger LooksRare gmi?
After a blasting start, OpenSea challenger LooksRare still boasts high transaction volumes, but are the numbers “real” and is LooksRare gonna make it in the long run?