Tag: ownership change

Nexus Mods Changes Hands, New Owners Backpedal on Monetization Fears

Nexus Mods Changes Hands, New Owners Backpedal on Monetization Fears

• NFT Drops

Nexus Mods, one of the largest repositories for digital game modifications, has undergone ownership transition for the first time in their long and successful 21 year history. In a post to the Nexus Mods site, founder Robin Scott announced the sale. He’s still not disclosed who the buyers are, though...

Pump.fun Revolutionizes Meme Coin Creation on Solana, Achieves $700 Million Milestone

Pump.fun, a relatively new platform built on the Solana blockchain, has quickly become one of the most popular and controversial platforms in the cryptocurrency industry. The platform has unseated Ethereum as the most popular platform for the creation and trading of new cryptocurrencies, especially so-called meme coins. Pump.fun has made...

Solana's Pump.fun Dominates Meme Coin Creation Amidst Scrutiny

Pump.fun goes live in January of 2024. DeGods and Utes quickly became the most popular platform to create and trade meme coins on the Solana blockchain. Its accessible interface and low token creation fees have attracted a wide array of users, leading to substantial revenue generation and market capitalization. The...

Crypto Casinos Soar Slots of Vegas, Super Slots, and More Lead the Pack in 2024

The online casino environment is going through a tectonic shift. The integration of cryptocurrency and blockchain technology is fuelling the creation of these innovative platforms and honing player experiences. As we move further into the second half of 2024, a few different NFT casinos are climbing to the top of...

A16z Invests $70M in EigenLayer Tokens as Eigen Labs Unveils EigenCloud

EigenLayer is about to release a new version with big improvements to EigenDA and a preview of EigenVerify. This announcement is timed just as Andreessen Horowitz’s digital asset investment arm increases its investment in EigenLayer. With their recent $70 million token purchase they’ve made a big play in this arena....

NFT Marketplaces Face Closures Amidst Plummeting Sales, Shifting Strategies Emerge

The NFT bubble, defined by rampant speculation and crypto money laundering, has popped. Macro markets are retrenching, trading volumes are tanking precipitously, and various NFT marketplaces have ceased operations. Monthly trading volumes have collapsed by more than 90%. They dropped 99% from a high of $5 billion in January 2022...

Xynth88 Launches on LINE MINI App, Unveiling New Web3 Gaming Experience

Xynth88, a blockchain-based game representing an expansion of all things possible, is now available for download on LINE MINI App. The game’s title, THE LAST RUNNER, beckons gamers to join an eternal pursuit across future cityscapes drenched in neon. It adopts “X” to denote the unknown and “88” as the...

Crypto Market Navigates Geopolitical Tensions, JD.com Eyes Stablecoin Expansion

Under the leadership of founder Richard Liu, JD.com is moving to offer stablecoin services around the planet. The tech giant hopes to improve cross-border payments with the effort. UK institutional investors are preparing to pour billions into crypto exchange-traded products. This is a particularly exciting development in that it represents...