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Monthly NFT trading volume reaches all-time high of $6 billion in January

Monthly NFT trading volume reaches all-time high of $6 billion in January

Much of January’s record high volume is due to a new NFT marketplace scene called LookRare, which launched on January 10.

The post Monthly NFT trading volume reaches all-time high of $6 billion in January appeared first on The Block.

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DeFi tops Coinbase Ventures’ 2021 portfolio breakdown

Coinbase Ventures made just under 150 new deals in 2021, bringing the firm’s total companies in its portfolio to 250.

The post DeFi tops Coinbase Ventures’ 2021 portfolio breakdown appeared first on The Block.

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El Salvador’s Chivo wallet keeps breaking, and users are seeking answers

El Salvador captured attention from around the globe when it launched its Bitcoin wallet. Now Chivo’s users are reporting a host of problems.

The post El Salvador’s Chivo wallet keeps breaking, and users are seeking answers appeared first on The Block.

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NFT creators explain why this technology has ‘so much more depth’ than a profile picture

On this episode of The Scoop, Head of Growth at Parallel NFT Franklin Fitch and artist Dave Krugman joined host Frank Chaparro to discuss how NFTs are radically transforming the relationship between creators and the art market, as well as the gaming industry.

The post NFT creators explain why this technology has ‘so much more depth’ than a profile picture appeared first on The Block.

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Deciphering the Metaverse: The double-edged sword of mainstream adoption

Quick Take

  • This weekly series explores the most interesting insights in NFTs, blockchain gaming, and virtual worlds
  • As NFTs emerged as a potential safe haven asset, the space has been inundated with an increasing set of outside actors, which entailed mixed implications
  • On top of this, music NFTs seem to have reached their tipping point and implicate extensive repercussions for their industry’s traditional business model

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Mapping out NEAR Protocol’s Ecosystem

Quick Take

  • Founded in 2018 by Alexander Skidanov and Illia Polosukhin, NEAR Protocol is an open-source platform for decentralized applications
  • NEAR has recently raised $150 million, which came just a few months after NEAR started an $800 million fund to foster growth in the entire ecosystem
  • The Block has identified 213 projects and companies across 14 verticals in the NEAR Ecosystem

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Robinhood shares gyrate after disappointing Q4 earnings report

The share price of trading broker Robinhood have swung after the company reported its increasing losses yesterday.

The post Robinhood shares gyrate after disappointing Q4 earnings report appeared first on The Block.

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Fidelity kickstarts process to list metaverse and crypto company ETFs

The instruments, if accepted, will trade under the Fidelity Crypto Industry and Digital Payments ETF and the Fidelity Metaverse ETF tickers. 

The post Fidelity kickstarts process to list metaverse and crypto company ETFs appeared first on The Block.

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Brevan Howards hires Jump Capital’s Peter Johnson, grows assets to $250 million: report

Brevan Howard hires Jump Capital’s Peter Johnson, according to Bloomberg News.

The post Brevan Howards hires Jump Capital’s Peter Johnson, grows assets to $250 million: report appeared first on The Block.

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LeBron James’s foundation enters multi-year partnership with Crypto.com

The goal is to provide blockchain-related education and resources to underserved communities, especially in Akron, Ohio.

The post LeBron James’s foundation enters multi-year partnership with Crypto.com appeared first on The Block.

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