The non-fungible token (NFT) space has enjoyed lots of highs in recent memory with a cumulative sale worth hundreds of millions, however, with the mania about the space sputtering out, indications have emerged that there is still reason for optimism in the sector.More people are buying NFTsReports from Delphi Digital have revealed that the number of unique addresses buying NFTs … [Read more...] about ‘Unique’ NFT buying activity is increasing on dApps like OpenSea and SuperRare
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GBTC discount presents a unique challenge for Grayscale and investors
Since 2013 the Grayscale Bitcoin Trust Fund (GBTC) has offered its investors exposure to Bitcoin (BTC) through a publicly quoted private instrument. However, the trust's convertibility and liquidity vastly differ from an Exchange Traded Fund (ETF).Trusts are structured as companies, at least in regulatory form, and are 'closed-end funds' which can initially only be sold to … [Read more...] about GBTC discount presents a unique challenge for Grayscale and investors
This unique way is how a mining firm is tackling Bitcoin’s greenhouse gas problem
Crusoe Energy, a Colorado-based mining and alternative energy firm, is tackling Bitcoin’s climate impact in a previously unseen manner, as per a feature on tech publication TechCrunch today. The firm has raised $128 million from investors for its cause.Bitcoin’s massive energy usage stems from the process of ‘mining,’ which sees the use of elaborate computing systems to … [Read more...] about This unique way is how a mining firm is tackling Bitcoin’s greenhouse gas problem
DeFi ecosystem now exceeds 2 million unique addresses
The total number of unique addresses (or wallets) in the decentralized finance (DeFi) space broke above two million today, according to crypto metrics platform Dune Analytics.The DeFi ecosystem exceeds 2 million addresses. Image: Dune AnalyticsNotably, the previous major milestone of one million addresses was achieved just a few months ago—on December 4, 2020, according to … [Read more...] about DeFi ecosystem now exceeds 2 million unique addresses
Going beyond marketplaces to deliver unique content
The beginning of 2021 was marked by an unprecedented high interest in nonfungible token, or NFT, technology in various fields, the peak of which occurred in March. Nowadays, news about art deals with NFTs appears every day. What is more interesting is that NFTs are becoming fashionable among people who were previously ignorant of crypto. Examples of how the NFT mania is … [Read more...] about Going beyond marketplaces to deliver unique content