W3 Metaverse • DeFi • NFTs

2023-01-03 14:00:07 The United States announced that it will now require all travelers or airline passengers coming from China to show negative Covid-19 tests as global concerns rise over the spread of the Covid-19 virus once again.
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2023-01-02 21:00:10 Sam Bankman-Fried is expected to enter a plea next week to criminal charges he's facing in the FTX case.

The 30-year-old is expected to be arraigned on the afternoon of Jan. 3, 2023, before U.S. District Judge Lewis Kaplan in Manhattan federal court, court records on Wednesday showed.
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2023-01-02 21:00:08 Katana DEX Will Launch A new Liquidity Mining With 11 Million RON

Katana, the DEX platform on Axie Infinity’s dedicated Ethereum sidechain Ronin, has announced a new liquidity mining strategy that will begin on January 1, 2023. The initial release of the RON in its new format will be halved, and the Katana program’s initial iteration will run from January 1st to March 31st. The team is also happy to reveal additional liquidity provider incentives that will be available in early Q1 as they move to new RON liquidity pools. They have chosen to implement these incentives rather than halting emissions on December 31st because the team believes this is the most effective way to ensure Katana has enough liquidity for the community to execute trades. This first iteration of program implementation will go from January 1st.
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2023-01-02 14:00:10 Elon Musk's enormous wealth peaked on Nov. 4, 2021 when the tech entrepreneur reached a net worth of $340B.

According to Bloomberg, Musk has seen his wealth plummet to $137 billion after Tesla shares tumbled in recent weeks, including an 11% drop on Tuesday.

The recent drop makes Elon Musk the only person in history to erase $200 billion from their net worth.
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2023-01-02 14:00:09 The new NFT marketplace backed by the Chinese government will serve as a secondary market for NFTs and digital copyrights in China.

The marketplace is set to launch on Jan 1, 2023 and will facilitate the trading of copyrights related to digital assets. The project also aims to regulate and avoid excessive speculation in secondary NFT markets.
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2023-01-01 21:00:11 Uniswap: The Overall Transaction Volume In 2022 Will Surpass 620 Billion US Dollars

On December 29, Uniswap Labs stated on Twitter that the overall transaction volume of the decentralized trading platform’s 3 million independent wallets will top 620 billion US dollars in 2022, with 68 million transactions. This projection was made in light of the fact that the platform is expected to support 68 million transactions. Uniswap introduced a trading service platform that specializes in NFT aggregation. There are currently 4,007 users registered on the website, which has resulted in 5,135 sales and a total transaction volume of 2,656 ETH (about 3.3 million U.S. dollars).UNI continued to enjoy widespread popularity; nevertheless, market signs showed that investors should exercise caution because the situation may deteriorate in the days ahead.
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2023-01-01 21:00:10 FTX customers have filed a class action lawsuit against the crypto exchange. The filing seeks a declaration that the company's holdings of digital assets belong to customers.
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2023-01-01 14:00:11 Pudgy Penguins NFTs Break All-Time Highs With Holiday Rally

The Ethereum-based non-fungible token (NFT) lineup has eclipsed Bored Ape Yacht Club (BAYC) and other so-called “blue chip” digital collectibles in 24-hour trading volume – its 1,200 ETH is nearly double that of the runner-up, BAYC, according to data site Nansen.

That surge in trading activity comes as Pudgy Penguins sets new all-time highs in terms of ETH-denominated floor price, a popular metric. At press time, the lowest asking price for a “Pengu” on NFT trading hub OpenSea was 7 ETH. That’s a 32% jump in 24 hours, per Nansen. The market drama caps Pudgy Penguins’ year-long redemption arc. It began 2022.
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2023-01-01 14:00:11 Due to the collapse of Celsius and FTX, crypto investment firm Midas is shutting its doors.

Midas had shared that its portfolio lost $50 million, or 20% of its $250 million in assets under management (AUM), followed by the collapse of Celsius and FTX, the platform lost over 60% of AUM due to client withdrawals.

Midas has currently disabled deposits and withdrawals and aims to focus on a new vision of centralized decentralized finance (CeDeFi). Platform shared that it intends to create a win-win scenario by connecting competing protocols with liquidity and offering a simplified yield to a range of DeFi and CeFi audiences.
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2022-12-31 21:00:10 The troubled Bitcoin mining company Argo Blockchain has suspended its shares trading on NASDAQ until Dec 28.

It seems that the company is taking serious measures to restructure its operations and financials due to current market situations.

The company also has stated that it is in talks with a third party to support its ongoing business operations due to having "insufficient cash" and hope to continue operations without having to file a Chapter 11 bankruptcy.

The company is set to make an announcement before Dec 28.
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