gm: Inside NFT Unicorn Magic Eden With CEO Jack Lu

gm: Inside NFT Unicorn Magic Eden With CEO Jack Lu Magic Eden launched 1 year ago and already has a $1.6 billion valuation. It started as a marketplace only for Solana NFTs, but…

Microstrategy Stock Drops 6% Amid Latest $6M Bitcoin Buy

MicroStrategy’s stock dropped 6% at the opening bell on Tuesday after its executive chairman Michael Saylor announced the firm had purchased another 301 Bitcoin, totaling $6 million at the time of purchase.  The…

PGA Tour Golf NFTs Coming to Tom Brady’s Autograph Platform

In brief Autograph, the NFT company co-founded by Tom Brady, will create official PGA Tour collectibles. The platform will launch in early 2023 and offer potential real-world perks for fans. The PGA Tour…

Terra Co-Founder Do Kwon: I Am Not ‘On the Run’

Earlier this week, South Korean prosecutors issued an arrest warrant for Do Kwon, the disgraced co-founder of the Terra ecosystem that crashed spectacularly in May; they also asked the finance ministry to void…

What Are Meebits? Metaverse-Ready NFTs From the Creator of CryptoPunks

Launched in 2017, CryptoPunks were one of the earliest examples of an NFT crypto collectible; a series of 10,000 pixel-art profile pictures (PFPs) with randomized traits. They proved to be a runaway success,…

Bankrupt Crypto Lender Celsius Wants to Sell its $23M Stablecoin Holdings

In the latest chapter of Celsius’ ongoing liquidity crisis, which first became public when the lender froze customer withdrawals in June, the bankrupt crypto lender has asked the U.S. Bankruptcy Court for the…

Ethereum Crashes Under $1,500 as Price Falls After Successful Merge

In brief Ethereum’s price is down nearly 8% today, dropping below $1,500 for the first time in more than a week. The plunge comes following Ethereum’s successful merge, in which it shifted to…

Ethereum Price Flat as Merge Event Is Hours Away

With less than 24 hours until Ethereum (ETH) undergoes its long-awaited merge, the price of the second-largest cryptocurrency by market cap is hardly making any noise. As data from CoinMarketCap shows, ETH is…

Linux Foundation’s Announces Open-Source Digital Wallet Initiative, May Include Crypto

The Linux Foundation today announced plans to form the OpenWallet Foundation (OWF), described as “a new collaborative effort to develop open source software to support interoperability for a wide range of wallet use…

‘Everything’s Down This Year’: FTX Founder SBF

FTX Exchange’s founder and CEO Sam Bankman-Fried offered a reassuring perspective on this year’s plummet in crypto asset prices on Monday, arguing at the SALT conference in New York that the decline was…

Why DeFi Speculators Are Borrowing Ethereum as Merge Looms

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) With Ethereum’s merge event just days away, the entire industry is preparing for the network’s most highly-anticipated upgrade. Bounty hunters are on the…

Apecoin Leads NFT, Metaverse Token Rally With Double-Digit Gains

Apecoin (APE), the Ethereum-based token of the Bored Ape Yacht Club ecosystem, is up 15.7% over the past 24 hours and is currently changing hands at a two-week high of $5.19, according to…

Inside the World’s First No-Coiner Conference

Stephen Diehl was giving an ebullient toast at the world’s first conference for crypto skeptics, which he co-hosted this week. “We want to thank the sponsors, and of course the illuminati,” he said,…

Crypto Miner Bitdeer Delays $4B SPAC Deal Again

The SPAC firm taking cryptocurrency miner Bitdeer public at a $4 billion valuation has filed for another three-month extension. The Blue Safari Group, a special purpose acquisition company, was supposed to merge with…

Lending Platform dAMM Brings Transparency to Institutional DeFi

On-chain lending platform dAMM Finance launches today, bringing capital efficient, transparent decentralized lending and borrowing to institutional investors. The decentralized finance (DeFi) platform was born out of frustration with the existing options available…

LG Electronics Launches New NFT Marketplace ‘LG Art Labs’

South Korean electronics company LG has just launched its own new NFT marketplace, dubbed “LG Art Labs,” available from today to all US LG television owners running webOS 5.0.  The marketplace is accessible…

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