Gekocrypto Crypto News

Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’ Konami, Creator of Metal Gear Solid, Joins NFT Arena with Avalanche Launch Logan Paul Sues Coffeezilla Over CryptoZoo Comments NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May POPCAT (SOL), Michi (MICHI), and Memeinator (MMTR) surges capture investors’ attention Announcing the ftNFT YoCerebrum Awards Volume 3: Eden of Innovation and Creativity Bitcoin at a Crossroads: How Nation State Acquisitions Could Reshape Cryptocurrency Massive Yen Carry Trade Unwind Sends $250 Billion Shockwave Through Global Markets Bullionz: A Unique Platform Merging Real Gold Ownership and Cryptocurrency Exchange

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Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years

Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time. Uniswap Users Are Increasingly Posting Small Trade Sizes Events in Uniswap, a leading decentralized exchange (DEX) on Ethereum, draw the interest of Token Terminal, a blockchain analytics platform. According to Token Terminal , a curious trend is happening in Uniswap: While the Ethereum ecosystem is expanding and expected to grow even more, trade sizes on Uniswap are shrinking rapidly. Uniswap trade size falling...

21.06.2024

Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’

The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs. 4585 Total views 13 Total shares Own this piece of crypto history Collect this article as NFT The Bitcoin developer famous for exploiting a bug in the Lightning Network, causing it to issue an emergency update in 2022, is working on a new Bitcoin layer 2 aimed at bringing more decentralized finance use cases to Bitcoin. Bitcoin developer “Burak” — who also created a Lightning Network competitor called Ark Protocol last year — has introduced “Brollups.” Brollup...

24.06.2024

Konami, Creator of Metal Gear Solid, Joins NFT Arena with Avalanche Launch

Konami partners with Avalanche to launch Resella, a platform simplifying NFT creation and trading, supporting Japanese yen, and planning global expansion. Resella aims to bridge traditional gaming and web3, enabling digital experiences like using in-game NFTs as event tickets or unlocking exclusive content. ‘Pixels’ Chapter 2 introduces substantial upgrades to Ethereum-based games, focusing on long-term player engagement and resolving past issues. The interconnection of gaming and blockchain is ever-increasing with several fresh developments on the web3 front. Konami has just announced its debut of a non-fungible token (NFT) platform on the Avalanche blockchain and ‘Pixels’ Chapter 2 is set to...

24.06.2024

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Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years

Bitcoin Lightning hacker Burak introduces new layer 2 ‘Brollups’

Konami, Creator of Metal Gear Solid, Joins NFT Arena with Avalanche Launch

Logan Paul Sues Coffeezilla Over CryptoZoo Comments

By Philip Maina 2 months agoSat Jun 29 2024 07:10:39 Reading Time: 2 minutes Logan Paul has sued YouTuber Coffeezilla for referring to the CryptoZoo NFT project as a scam Paul argues that the YouTuber’s comments are false and amount to defamation Paul holds that the project was derailed by unscrupulous advisers and not his lack of commitment Influencer Logan Paul is once again on YouTuber Coffeezilla’s neck concerning the CryptoZoo NFT project. Paul has filed a defamation lawsuit in a Texas court alleging that the YouTuber, whose real name is Stephen Findeisen, portrayed the influencer in a bad light...

NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

Although non-fungible token (NFT) markets showed improved performance over the past week, June’s sales figures were significantly worse compared to May. Over the last 30 days, NFT sales have decreased by 46.31%. June’s NFT Market Faces Steep Decline June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which had accrued $479.15 million. According to Cryptoslam.io data, Ethereum-based NFTs led the market with $146.10 million, although this was 50.15% lower than ETH-centric digital collectible sales in May. Bitcoin NFTs generated $114.42 million in June, a 48.34% decline from the previous month. In contrast, Polygon...

POPCAT (SOL), Michi (MICHI), and Memeinator (MMTR) surges capture investors’ attention

Victoria, Seychelles, June 28th, 2024, Chainwire Bitget, the leading cryptocurrency exchange and Web3 company, will launch a unique social project in Vietnam. The campaign aims to educate people on how to use cryptocurrency securely and prevent fraud through engaging and understandable posters and banners. These educational materials, which will provide tips on detecting and avoiding cryptocurrency scams, will be displayed in public spaces such as bus stops, subways, and street billboards. Vietnam, one of Southeast Asia’s most dynamic economies, has consistently ranked highly on Chainalysis’ global crypto adoption index, currently holding the third position. According to a report by payment...

Announcing the ftNFT YoCerebrum Awards Volume 3: Eden of Innovation and Creativity

PRESS RELEASE. On Nov. 14, Malta will host the ftNFT YoCerebrum Awards Volume 3 , an event recognizing top talents in the NFT space. This celebration of creativity will bring together artists, enthusiasts, and visionaries to honor outstanding achievements in 15 categories. Submissions are open until Oct. 31, with blockchain voting taking place from Nov. 1 to Nov. 5. Winners will be announced during the awards ceremony on Nov. 14 at Fort Manoel, Manoel Island. The winning projects will receive 2024 Fasttokens (FTN) as a prize. The ftNFT YoCerebrum Awards invites all NFT enthusiasts to participate, nominate, and celebrate the...

Bitcoin at a Crossroads: How Nation State Acquisitions Could Reshape Cryptocurrency

Rumors swirl around the potential for nation states to acquire large reserves of bitcoin (BTC), sparking debates on the risks and benefits for the cryptocurrency’s future. Could Nation States Holding Bitcoin Spark Hyperbitcoinization? In recent days, rumors have emerged about nation state accumulating substantial amounts of bitcoin, with some speculation even suggesting a coordinated effort to create a strategic bitcoin reserve. Talk of the United States building a reserve of bitcoin has been spurred by Cynthia Lummis, the Republican senator from Wyoming. Alongside this, U.S. President-elect Donald Trump’s aide suggested that the country could secure its interests in the cryptocurrency...

Massive Yen Carry Trade Unwind Sends $250 Billion Shockwave Through Global Markets

The financial world is on edge as a massive unwinding of the carry trade continues to reverberate through global markets. This popular trading strategy, which involves borrowing in low-interest currencies like the Japanese yen and investing in higher-yielding assets, is experiencing a significant reversal that has caught many investors off guard. Yen Carry Trade Unwind Sends Ripples through Global Markets The Japanese yen has surged against major currencies in recent weeks, appreciating nearly 7% against the US dollar since mid-July. This rapid move has forced many traders to liquidate their carry trade positions, leading to increased volatility across various asset...

Bullionz: A Unique Platform Merging Real Gold Ownership and Cryptocurrency Exchange

Online platforms have made gold trading more accessible, but many stop at offering only a virtual representation of gold’s value—without any true ownership. Bullionz changes this by introducing a token that is gold-backed and gives users a direct claim on physical gold. Each BTXG token is tied to one gram of real gold. It bridging the gap between tangible assets and digital ease. With Bullionz, investors gain the stability of physical gold combined with the agility of a cryptocurrency exchange. This unique platform offers everything from token redemption for physical gold and secure storage options to real-time market insights. Bullionz:...