CME crypto futures see record activity during bear market

CME crypto futures see record activity during bear market

Bitcoin (BTC) and Ether (ETH) derivatives contracts offered by CME Group saw record activity in the second quarter, offering tangible evidence that professional traders were still accessing digital assets during the bear market.  The average daily open interest (OI) across CME’s crypto futures products reached 106,200 contracts in the second…

How to build your first blockchain on Substrate?

How to build your first blockchain on Substrate?

When Ethereum was launched in July 2015, the world was introduced to the concept of smart contracts that hoped to revolutionize the blockchain space and allowed anyone from developers to enthusiasts to deploy decentralized applications (DApps) on the Ethereum mainnet.  With various DApps currently in use across different blockchains like…

Ethereum dev confirms Goerli merger date, the final update before the Merge

Ethereum dev confirms Goerli merger date, the final update before the Merge

The Ethereum mainnet is just one testnet merger away from officially transitioning to a proof-of-stake (PoS) blockchain. After multiple shadow forks and testnet merges, the years-long journey has reached the final stage with the announcement of the final testnet merge to the Beacon chain. The transition to PoS began in…

GameFi industry to see .8 billion valuation in six years

GameFi industry to see $2.8 billion valuation in six years

A recent report from Absolute Reports projects massive growth for the GameFi industry within the next six years.  The research has the play-to-earn nonfungible token (NFT) game industry with an estimated value of $2.8 billion within the time span from 2022–2028. Moreover, the compound annual growth rate of the industry…

Cuban NFT artists say they face censorship within the crypto market

Cuban NFT artists say they face censorship within the crypto market

Cuba’s art market shut down completely during the pandemic, leading the community to turn to digital markets for survival. However, artists say that they remain censored due to the United States sanctions against Cuba, with US based platforms like Open Sea going to the extremes of deleting content and accounts…

Tron producer Donald Kushner creates Web3-inspired Cryptosaurs NFT collection

Tron producer Donald Kushner creates Web3-inspired Cryptosaurs NFT collection

It’s been 40 years since the classic sci-fi adventure film Tron hit movie screens around the world. Produced by Donald Kushner and released by Walt Disney Productions, its highly original futuresque concept made history by revolutionizing the use of computer animation in film while introducing audiences to one of the earliest…

European banking regulator sees ‘major concern’ in retaining staff to handle crypto: Report

European banking regulator sees ‘major concern’ in retaining staff to handle crypto: Report

The chair of the European Banking Authority, or EBA, a European Union agency that regulates banking activities, has reportedly expressed concern that a dearth of talent experienced in the crypto space could hurt its ability to overse the market. According to a Wednesday report from the Financial Times, EBA chair…