🦎🚀 A perfect blend of NFTs and finance... 🖼️

Tuesday, May 2, 2023

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Is this the next step for NFT lending?

Currently holding its spot as the top NFT marketplace, Blur has launched a brand new product known as Blend, a P2P perpetual lending platform for NFTs.

Through Blend, users can borrow funds using their collateralized NFTs for an indefinite amount of time or until their debt position is terminated. The Blur team has also stated that the protocol will now collect any fees from borrowers and lenders.

In today's news, there's a new NFT marketplace on the street, a rude awakening for Level Finance, and MicroStrategy is doing just fine.

Read on!

Top Web3 vs Web2 Games

Axie Infinity might be the most well-known web3 game, but for each Axie Infinity player, there are as many as 2,155 Roblox players.

Even the most played Web3 game now, Alien Worlds, will have to grow its player base by 103X to match up to Roblox.

Learn more

24h Hot Searches Worldwide

ChainGPT (-4.8%)
Bitcoin (-1.9%)
Pepe (+3.7%)
Wojak (+87.7%)
ArbDoge AI (-10.7%)
Dynex (+11.2%)
Cult DAO (+62.8%)

Losing your money to a sudden dip or rise in the market? 💸

This video explains short and long squeezes and how they reflect the risk of trading!

Check it out here!

Sotheby's has come to play!

Sotheby's, the famed auction house originating from the UK, has launched a new on-chain marketplace to facilitate secondary sales of NFTs based on Ethereum and Polygon.

Accessible from Sotheby's Metaverse platform, secondary sales are completely handled through smart contracts, allowing users to pick up their favorite piece using ETH or MATIC directly from their own wallets.

Decrypt

Level Down

Level Finance, a decentralized perpetuals exchange on BNB Chain, has unwillingly become the latest victim of crypto exploits, losing over $1 million in their native utility token, LVL.

In an exploit targeting the platform's referral contract, the attacker stole 214,000 LVL tokens, trading them for 3,345 BNB.

The team has stated that a new version of the referral contract will be deployed within the next 12 hours, adding that the project's liquidity pool and treasury remain unaffected.

Cointelegraph

We're gonna be OK!

After adding 7,500 bitcoins to their balance sheet in the first quarter of 2023, MicroStrategy has reported an increase in net profit to $461.2 million.

As of March 31st, the company holds 140,000 bitcoin, worth an estimated $2 billion, with an average acquisition cost of just under $30,000 per bitcoin.

The Block

Core is a self-custody crypto wallet and web portfolio with real-time data and analytics on DeFi 🔐

Let's explore its key features such as its user-friendly interface, cross-chain transaction signing capabilities, and more!

Check it out here!

In this latest piece from Footprint Analytics, we look at the different types of Web3 games and GameFi's progress from early games centered on DeFi principles all the way to AAA games and their focus on high-quality graphics and playability.

Read it here.