NFTs poised for comeback despite sales drop say execs

Year-to-date, the price of Bitcoin (BTC) is up 40% against the United States dollar, and other major cryptocurrencies such as Ethereum and Litecoin have also demonstrated strong gains in the past four months.Performance of crypto assets in the past month. Source: coin360.ioLitecoin, for instance, recorded a staggering 208% increase in value since January — outperforming…

The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO. 449 Total views 2 Total shares Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG."The NYDIG team and I are extremely…

Zachary Salter, the co-founder of Zima Digital Assets alongside 28-year-old John Caruso, has pleaded not guilty to charges of money laundering and conspiracy to commit wire fraud in his arraignment in Arizona on March 4. The criminal indictment alleges that the pair ran a purported cryptocurrency investment scheme that was used to defraud their customers of…

Three strains of crypto mining malware have topped the latest Global Threat Index from Israeli cybersecurity firm Check Point, according to a press release published on Jan. 14.Check Point Software Technologies Ltd. is a security solution provider for governments and enterprises globally, with over 100,000 organizations reported to be currently using its security management system.As…

A Slovak blockchain startup serves as the chief example of pandemic venture capital developments in central and eastern Europe (CEE), in a new report from Reuters on July 31.In the former Eastern bloc — where venture funding hit close to $1.6 billion in 2019 —  uncertainty during the COVID-19 crisis has hit the start-up sector…

RIF Labs — owner of bitcoin-based smart contract sidechain Rootstock (RSK) developer RSK Labs — has launched a third-layer scalability solution capable of processing up to 5,000 transactions per second. The news was revealed in a press release from RIF News on May 14.As reported, RSK Labs and its decentralized app (DApp) infrastructure protocols RIF…

A DappRadar report found that despite a fall in NFT trading volumes and sales counts throughout October, monthly unique traders increased. 71 Total views 2 Total shares October may have seen a decline in nonfungible token (NFT) trading volume and sales, but analytics firm DappRadar says an 18% growth in monthly unique NFT traders shows…

Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is. Own this piece of crypto history Collect this article as NFTThe downfall of FTX and a number of other CeFi platforms in 2022 has reinforced a Bitcoin maximalist narrative,…

Kusama and Polkadot users will be able to use Cream’s services to deposit digital assets as collateral or lend them out. 642 Total views 29 Total shares Decentralized finance project ​​Cream Finance will bring its lending and borrowing services to Moonbeam, a smart contract platform on Polkadot. In a Thursday announcement, the Moonbeam network said Cream…