Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021. DappRadar data shows that the total incoming value to OpenSea’s smart contracts increased to $56.07 million on Wednesday compared to $73,556 on Jan. 1. Meanwhile, the marketplace’s user count increased from 315 to 14,520 in the same period — a 4,423% increase. A major portion of OpenSea’s trading volume spike happened after June. At the start of the month, the capital entering the marketplace’s smart contracts was just $3.6 million. But by Sunday, it had surged above $71.238 million. What’s more, on the previous …

Arak Sutivong, CEO of SCB 10X and the president of Siam Commercial Bank (SCB), has offered an insight into how one of the largest venture capital funds in Southeast Asia views the future of decentralized finance (DeFi) when it comes to the contentious question of regulation. SCB 10X is the venture arm of SCB, Thailand's oldest bank, and mostly focuses on investing in blockchain-based financial services, such as DeFi and digital assets. In his opening speech at SCB 10X’s second annual global DeFi virtual summit, REDeFiNE, Sutivong stressed that by now, DeFi had broken through to the mainstream “by many …

The price of Axie Infinity’s native token, AXS, more than doubled in just three days of trading amid speculation that it is going to revolutionalize the blockchain-enabled gaming industry forever. The AXS/USD exchange rate reached a record value of $32.69 on Friday, up 31.28% intraday, and about 131% from its Tuesday low of $14.09. That placed the pair in the list of best-performing digital assets on a year-to-date timeframe; its 2021 gains are now above 5,000%. Axie Infinity’s massive upside moves appeared due to its rising popularity as a play-to-earn gaming service. In detail, the Ethereum-enabled blockchain project is a …

A multiblockchain game says it delivers a unique blend of decentralized finance and nonfungible tokens, or NFTs — meaning players, developers, traders and crypto veterans all benefit. The team behind the Blockchain Cuties Universe claims traditional gaming presents a plethora of problems. Players never truly own the items they purchase, and these assets often lack interoperability with other games. Although blockchain technology does help alleviate some of these pain points, the team argues that issues still remain. A difficult onboarding process can be offputting for newcomers who are buying crypto for the first time, transactions can be slow and expensive, …

Decentralized crypto collectible game Blockchain Cuties Universe, which is already available on three platforms — Ethereum, EOS and Tron — has added a fourth, Neo. The company pointed out that this step makes them “the only game of its kind that supports four strong, competitive platforms and the first game developer working on Neo.” Fourth platform According to the company, Neo — one of the fastest blockchains out of all major protocols — will help to increase scalability within the game. The team emphasizes that, besides the Neo audience and cryptocurrencies (NEO and GAS), it is interested in its delegated …

Decentralized crypto collectible game Blockchain Cuties, which is already available on three different blockchain platforms — Ethereum, EOS and Tron — has announced a celebration of Chinese New Year for its players. The game developer is going to implement the Chinese tradition of giving “lucky red envelopes” and will send out digital gifts. The Blockchain Cuties players won’t know what will be inside their digital packs until the Chinese New Year, on Feb. 5, 2019. Also, for the event, the game will release new virtual pets — Pigs. Crypto “lucky red envelope” and new cuties In China, red envelopes are …

Blockchain Cuties, a decentralized crypto collectible game already available on two blockchain platforms — Ethereum (ETH) and EOS — has recently added a third platform based on the decentralized protocol TRON. Blockchain Cuties has announced that the TRON version of the game will have unique content, including Cuties, items and probably locations. Future of DApps “We have been seeking an opportunity to work with TRON since June 2018 and now, we’re finally here,” Vladimir Tomko, CEO of Blockchain Cuties says. The game developer believes that adding the TRON community will give the users more opportunity in representing their Cuties in …

Blockchain Cuties, a decentralized crypto collectible game operating on the Ethereum (ETH) blockchain, has announced that it is now available on EOS. The developer company says the new step makes Blockchain Cuties “the first game which officially supports two blockchains simultaneously.” This is supposed to make transactions faster and the players can now breed both ETH and EOS-based cuties. Non-fungible tokens support The game announced that from now, players can log in to the game using their EOS Wallet and start breeding their first EOS cuties. Blockchain Cuties says importing the private key will take less than a minute – …

The crypto collectible game, Blockchain Cuties, has announced Raid Boss Battles, a new everyday server event. The game promises winners will get unique ERC-20 CUTE tokens as rewards, according to their input in winning. New game features In the new battle, there is one common enemy which is a Raid Boss, a special powerful Cutie who has unique abilities. All of the players (the main requirement for them is to be level 5+ Cuties) will be able to stand against the foe. The Raid Boss can be an Ancient Black Dragon, a Crystal Ether Monster, or a Wasteland Knight. Еach …

The recently-launched collectable crypto game Blockchain Cuties is set to take the personalized gaming experience to the next level, with plans to introduce ultra-customized avatars designed by graphic artists. Users can submit a photograph of either themselves or of their favourite characters, and the designers will create a ‘lookalike’ character for them to have exclusive ownership and use. The process will operate by a bidding system through the website — with initial bids on a 50 percent-off sale for the first two weeks. Winning auctioneers will also get the choice of which base character they want to use — from …