Web3 Developer Activity Jumps in Q2, Suggesting Long-Term Ecosystem Growth: Alchemy
A new report finds that Web3 developer activity is still on the rise in the second quarter, despite NFT and DeFi trading volume slipping from all-time highs. Alchemy Product Manager Will Hennessy discusses the key takeaways from the findings and the revelations on long-term development of the ecosystem.
NFT Trading Volume Is Sinking, But It’s Not Stopping Developers From Entering Web3
According to Alchemy’s Q2 Web3 Development Report, while NFT trading volume fell 41%, almost six million smart contracts were deployed across chains including Ethereum and Polygon.
Kraken to Place NFTs on Formula 1 Team’s Cars at the Grand Prix
Crypto exchange Kraken will place non-fungible tokens (NFTs) on the back of British F1 team Williams Racing's cars competing in the U.S. Grand Prix this October. Kraken CMO Mayur Gupta shares insights into the ongoing partnership and the state of crypto marketing amid crypto winter.
GameStop to Remove Crypto Wallets Citing 'Regulatory Uncertainty'
The company will remove its iOS and Chrome wallet extensions on Nov. 1.
The Ordinals Team is Creating a Non-Profit to Support Bitcoin NFT Developers
The team behind the Ordinals protocol, led by Casey Rodarmor, has created the Open Ordinals Institute to grow its ecosystem without compromising neutrality.
NFT Now Cuts Jobs in Restructuring Move
Alejandro Navia, President of NFT Now, tweeted that the Web3 publication had “over-hired.” Meanwhile, another founder of NFT Now had his Twitter account hacked over the weekend.
Bored Ape Yacht Club Parent Hosts New 'Otherside' Metaverse Demo
Bored Ape Yacht Club's parent company, Yuga Labs, hosted a live in-person demo of its Otherside gamified metaverse world tailored to Bored Ape holders, soliciting live feedback from members of its original community. "The Hash" panel discusses the latest developments around the BAYC ecosystem amid crypto winter.
CyberKongz Moves to Sky Mavis' Ronin Blockchain for Genkai Collection
Sky Mavis, the Vietnam-based firm behind breakout play-to-earn title Axie Infinity, has announced a partnership with the CyberKongz non-fungible token (NFT) project to introduce the Genkai collection to the Ronin blockchain for the first time. Forkast Lab’s NFT strategist Yehudah Petscher speaks to Kathleen Osgood from Sky Mavis and CyberKongz's Henry the Grape about this partnership.
Azuki NFT Floor Price Has Fallen Over 60% in the Past 30 Days: Nansen
According to Nansen, the floor price of Chiru Labs' popular Azuki NFT collection has declined by 63% over the past 30 days. This comes after some critical reactions from the crypto community over Elementals, the company's new NFT collection. CoinDesk’s Jennifer Sanasie presents "The Chart of the Day."
From Vintage to MNTGE: Digital Fashion Brand to Release NFT Patches Linked to IRL Rewards
The patches were designed by 11 artists, including Jen Stark, Nyan Cat creator Christopher Torres and Bored Ape Yacht Club artist Seneca, and are embedded with NFC chips.
