Technology

Ukraine Joins European Blockchain Partnership as Observer

Coins Legend June 19, 2022 0

Ukraine has been granted observer status in the European Blockchain Partnership (EBP). Officials in Kyiv hope the move will facilitate the implementation of blockchain technologies by the Ukrainian government and lead to the adoption of more efficient crypto regulations. Ukraine Advances Toward

Technology

Value Locked in Defi Slips to $74 Billion, Top Smart Contract Tokens Down Over 70% This Year

Coins Legend June 18, 2022 0

Decentralized finance (defi) has been hit hard by the recent crypto market rout as the total value locked (TVL) across 118 different blockchains has slipped below the $100 billion mark to today’s $74.27 billion. The TVL in defi today is down more than 70% from its December 2, 2021, all-time high (ATH) at $253.91 billion. […]

Technology

NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%

Coins Legend June 16, 2022 0

On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an open source Web3 marketplace protocol. Opensea says the Seaport protocol migration from the Wyvern protocol will cut network fees by 35%, and users will no longer have to pay an account initialization fee. Opensea […]

Technology

Report: Globant Finds 73% of Tech Professionals Believe Metaverse Is Accessible to Them

Coins Legend June 16, 2022 0

A report issued by Globant, an Argentinian software company, has discovered that people feel the metaverse is close and accessible to them. The report, titled “How the metaverse is transcending digital limits and reinventing our place in the physical world,” found that the metaverse is perceived as being accessible by 73% of the people consulted, […]

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Crypto-Related Lawsuits Rising in Russia, Criminal Cases Increase by 40%

June 12, 2022 0

Courts in Russia are hearing a growing number of cases around crypto assets, a new study has shown. About two-thirds of them have been launched under provisions of the country’s Criminal Code but civil cases represent a large share as well. Criminal Cases Involving Cryptocurrency in Russia Near 1,000 in 2021 Lawsuits related to cryptocurrency, […]

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Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout

Coins Legend June 12, 2022 0

While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since May 18, to roughly $104 billion, and […]

Technology

Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries

June 10, 2022 0

During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Slock.it development team, to be the first smart contract-based DAO. In 2022, there’s a lot more DAOs, as statistics show that $10 billion […]

Technology

Unity CEO Predicts Websites Will Mutate to Metaverse Destinations Before 2030

Coins Legend June 8, 2022 0

John Riccitiello, CEO of Unity, one of the leading real-time 3D engine providers, has predicted that the internet will become part of the metaverse in the next several years. The executive predicted that most websites will become metaverse destinations and that this change will be mostly completed by the year 2030. However, legacy sites will […]

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Report: South Korea to Recruit Companies for Metaverse Content Creation Project

Coins Legend June 7, 2022 0

The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Building Trust in the Metaverse Content Creation Ecosystem South Korea’s Ministry of Science […]

Technology

Wild West-Based Battle Royale Blockchain Game Grit Gets Listed on the Epic Games Store

Coins Legend June 6, 2022 0

On June 6, the Web3 entertainment company Gala Games announced that the Wild West-focused battle royale blockchain game Grit will soon be available via the Epic Games Store and accessible to 194 million users. The well known company Epic Games is the producer of the Unreal Engine and the popular online video games Fortnite and […]