Crypto Airdrops Spur Use of Web3 Wallets as Blockchain Gaming, DeFi Growth Slows: Report

Crypto Airdrops Spur Use of Web3 Wallets as Blockchain Gaming, DeFi Growth Slows: Report

The number of unique active crypto wallets surpassed t 10 million from April to June, according to a report by an NFT marketplace. The report outlines the performance of Web3 in the second quarter of this year. In Q2 2024, the user base of crypto wallets rose by 40 percent,…

Threads App Sees Over 50 Million Users Sign Up Within a Day as Instagram’s Competition With Twitter Heats Up

Threads App Sees Over 50 Million Users Sign Up Within a Day as Instagram’s Competition With Twitter Heats Up

Threads, the new “Twitter Killer” app from Meta that was launched on Thursday, now has 50 million users — just over 24 hours since the app was rolled out. The text-based microblogging service is closely tied to Meta’s popular photo and video sharing service, Instagram. While the brisk rise of…