Ethereum’s scalability and reduced fees have boosted Layer 2 networks but contributed to ETH’s underperformance.
Crime and NFTs: Chainalysis discovers significant wash trading and low money laundering activity in the emerging asset class.
A report by the US Treasury Department claims that the burgeoning non-fungible token (NFT) space could be a conduit for money laundering.
Although most NFTs projects currently focus on art or images, the potential of the technology goes far beyond that. A look into real estate.
The concept of play-to-earn allows users to earn significant revenue just by playing video games. An introduction to the industry.
Walmart is potentially looking to enter the Metaverse with their own virtual currency and non-fungible tokens (NFTs).
The NFT marketplace OpenSea is encountering growing frustration from users, reflected in the success of emerging competitors.
The NFT market is rebounding with $800M in monthly sales and positive sentiment, led by Pudgy Penguins’ memecoin PENGU.
Chainlink’s “Golden Record” optimizes corporate data via AI and blockchain, used by the likes of Franklin Templeton, UBS and Vontobel.
DeFi
Despite significant scalability Ethereum faces competition from rivals like Solana and evolving Layer 2 networks within its own ecosystem.
