Source: Cointelegraph Pudgy Penguins, LilPudgys, Azuki and Doodles topped last week’s charts as the best-performing collections. Ethereum-based non-fungible token (NFT) collections surged last week, driving the overall digital collectible weekly sales volumes to $304 million. On Dec. 21, data tracker CryptoSlam reported that Ethereum NFTs experienced a 76% week-on-week increase, reaching $201 million in sales… Continue reading Ethereum NFT Collections Drive Weekly Volume to $304M
Tag: Ethereum
NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin
Source: Cointelegraph November has already surpassed October’s total volume, continuing strong market momentum for NFTs. Non-fungible tokens (NFTs) maintained a solid weekly sales volume despite a slight decline compared with the previous week’s surge. On Nov. 24, NFT data tracker CryptoSlam showed that digital collectibles had a strong week, recording a sales volume of about… Continue reading NFTs record $158M weekly sales volume, led by Ethereum, Bitcoin
BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion
Source: Cryptoslate BUIDL’s growth on popular blockchains promises new ventures for DAOs and digital firms, despite varied fees. BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a Nov. 13 statement. This expansion is part of BlackRock’s strategy to strengthen… Continue reading BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion
Chainlink launches private blockchain transactions for institutions
Source: Cointelegraph ANZ Bank will be among the first clients to debut Chainlink’s privacy-preserving tech for tokenized RWA settlement under Singapore’s Project Guardian. Chainlink, an Ethereum-based decentralized blockchain oracle network, has launched new technology to help financial institutions maintain data privacy while transacting across blockchain networks. On Oct. 22, Chainlink introduced two new privacy-preserving capabilities… Continue reading Chainlink launches private blockchain transactions for institutions
Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform
Source: CoinDesk Visa’s new Platform will enable the development of fiat-backed tokens powered by smart contracts. Visa has developed a new product to help banks issue fiat-backed tokens on the Ethereum network. One of the first financial institutions to use the platform will be Spanish bank BBVA, who expects to launch a live pilot in… Continue reading Visa to Help Banks Issue Fiat-Backed Tokens on Ethereum Via New Tokenized Asset Platform
PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption
Source: Cointelegraph The new integration may bring Web2 and Web3 users together, which could be the key to unlocking true mainstream crypto payment adoption. ENS Labs’ recent partnership with PayPal and Venmo could significantly boost crypto payment adoption and help the industry reach the first billion crypto holders. Ethereum Name Service (ENS), which offers Web3,… Continue reading PayPal and Venmo’s ENS integration likely to boost mainstream crypto adoption
Argentina adds Ethereum to Buenos Aires high school curriculum
Source: Cointelegraph High schools in the city of Buenos Aires will offer blockchain internships to provide hands-on experience to students. Argentina’s Ministry of Education collaborated with ETH Kipu to include Ethereum in Buenos Aires’ high school curriculum. In an announcement, the ETH Kipu Foundation said it had collaborated with Buenos Aires to introduce Ethereum and… Continue reading Argentina adds Ethereum to Buenos Aires high school curriculum
Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium
Source: Cryptoslate Sony’s Soneium aims to bridge Web3 and everyday internet services. Sony Block Solutions Labs, a subsidiary of Sony Group, has unveiled plans to develop Soneium, an Ethereum Layer-2 network designed to accelerate blockchain technology adoption, according to an Aug. 23 statement. The layer-2 network—a result of a collaboration with blockchain infrastructure provider Startale—seeks… Continue reading Sony Group takes plunge into Web3 with new Ethereum Layer-2 network Soneium
BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
Source: CoinDesk ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. BlackRock’s iShares Ethereum Trust (ETHA) has surpassed $1 billion in cumulative net inflows, making it the first among 11 issuers… Continue reading BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
21co analyst sees tokenized US treasuries hitting $3 billion by year-end
Source: CryptoSlate According to Wan, the trend is driven by a DeFi projects’ need for diversification and stability, especially as high interest rates make these assets attractive. 21co analyst Tom Wan believes tokenized US treasuries will hit $3 billion by the end of 2024 amid rising adoption among DeFi projects and Decentralized Autonomous Organizations (DAOs).… Continue reading 21co analyst sees tokenized US treasuries hitting $3 billion by year-end
