Author: NFT Evening
In Q2 2024, Web3 user interaction saw a big increase. There were roughly 10 million daily unique active wallets (dUAW). This marks a 40% rise from the first quarter. This rise was reported in a study published on July 4 by DappRadar. The analysis revealed a positive trend in DApp market across a number of different segments. This positive movement indicates a strong and growing interest in Web3 technologies.The social sector leads the wayThe social area experienced the largest growth. Daily unique active wallets rose by 66%, thanks to apps like Fantasy.top and UXLINK. These platforms attracted many users. The…
This guide will look at the top 15 most expensive NFTs ever sold. These sales show how valuable and important NFTs have become in the digital world. Each NFT has a special story and creator behind it, making them interesting and valuable to collectors.NFTs, or non-fungible tokens, have changed the world of art and digital collectibles. People now buy and sell digital items for huge sums of money. NFTs are unique digital assets that can be anything from art to music to videos. There are millions of NFTs available today, with some selling for millions of dollars. Top incredible secrets about…
Crypto scammers have increased in the first half of 2024. The con artists manage to extract up to $60 million from 20 victims. The total worth of crypto that was taken through scams was $314 million, up 6.44% from the same period the year before. This represents a concerning trend in the sector, as unscrupulous actors persist in leveraging the users weaknesses for financial profit.Detailed Insights into the Crypto Scammer ployScam Sniffer data shows that phishing scams have proven to be highly profitable, netting scammers over $300 million across various EVM chains. About 260,000 people were the subject of these…
A bull market began when the prices of stocks, cryptocurrencies, and NFTs rose significantly. This positive trend often lasts for an extended period of time, encouraging more investments. This guide will explore the concept of a bull market, its impact on the NFT market, and the key bullish signals to watch for. Therefore, you can identify when the bull market is in NFT industry and jump in.Key Takeaways:A crypto bull market is when digital asset prices are on the rise and investor confidence is high, whereas a bear market is when prices are falling significantly and pessimism dominates the market.In…
On July 4th at 12 PM (UTC+8), Coresky, the exclusive authorized platform, will kick off the Privasea StarFuel NFT sale. This event marks a prime opportunity for users to secure these unique digital assets before they become available to the public. Coresky prides itself on offering competitive pricing, ensuring enthusiasts can participate at the best rates possible.What is Privasea?Privasea stands at the forefront of decentralized privacy computing infrastructure. Its primary goal is to provide a robust solution to the persistent challenges surrounding data privacy in the domain of artificial intelligence (AI). Leveraging fully homomorphic encryption (FHE), Privasea enables encrypted machine…
Risks abound in the crypto space, particularly when working with NFTs. A recent event on the Blur Marketplace brought these risks to light. A user lost $240,000 in NFTs after falling for a phishing scheme. A source on X(Twitter) revealed this information.Three Elementals, 40 Beanz, and six Bored Ape Yacht Club NFTs were the targets of the fraud. The stolen NFTs were then listed for just one $WEI each on the marketplace. For context, $WEI is the smallest unit of ether, making the listing price almost zero.How the Scam WorkedThis scam was sophisticated. It took advantage of a loophole in…
As of July 2024, Magic Eden has gained the top 2 in marketplace trading volume, with $139.72 million following dappradar.com. Now, it is extremely popular for Solana, Ethereum, Polygon, Base and even Bitcoin NFT! From Magic Eden sales, to scandals, and royalties, we cover it all. So, let’s dive in: What is Magic Eden NFT Marketplace, and how can you use the platform?What is Magic Eden NFT Marketplace?Magic Eden is a decentralised NFT marketplace. It allows users to create, buy, sell, and trade NFTs, including digital collectibles and gaming assets. The marketplace began as a Solana NFT platform, and reached…
A bull market began when the prices of stocks, cryptocurrencies, and NFTs rose significantly. This positive trend often lasts for an extended period of time, encouraging more investments. This guide will explore the concept of a bull market, its impact on the NFT market, and the key bullish signals to watch for.Key Takeaways:A crypto bull market is when digital asset prices are on the rise and investor confidence is high, whereas a bear market is when prices are falling significantly and pessimism dominates the market.In NFTs, a bull market means increased demand, high trading volume, and higher prices for unique…
The Non-Fungible Token (NFT) market has experienced a remarkable surge in recent years. Reflecting on 2021, the total value of NFTs traded reached a significant milestone of $17.6 million, then surged to $24.7 billion in 2022. This rapid growth has captured the attention of investors and become their top-notch favorite investment portfolio. 2023 saw the NFT market’s total value slump to $11.8 billion. Will NFTs be worthless in 2024 and beyond? As we delve deeper into the past two years, let’s explore the key factors that have contributed to these exciting events.NFT market collapse in recent yearsOvertaken by AI-related searchesAfter…
The topic of crypto was notably absent from the recent Biden-Trump debate. During their 90-minute exchange, United States President Joe Biden and presidential candidate Donald Trump tackled pressing issues like the economy, abortion rights, immigration, and foreign policy. Their advanced ages—Biden at 81 and Trump at 78—were also briefly discussed in the context of their mental capabilities.Crypto-backed superPACs, including Fairshake PAC, have amassed $202.8 million, directing $93.6 million towards influencing the 2024 elections. This financial clout positions them as significant players despite their lack of direct campaign coordination capabilities.Focus on Key IssuesFairshake PAC alone raised $177.8 million and spent $70.8…