The well known digital artist “Pak” announced that he will launch an Ethereum NFT in a collaboration with WikiLeaks in order to free Julian Assange so let’s read further in our latest Ethereum news. The new collection “Censored” is set to launch on February 7 and the digital artist “Pak” aims to free Julian Assange. […]

LooksRare generated $8 billion in Ethereum NFT wash tradign as users attempt to game the trading rewards model according to analytics company CryptoSlam so let’s read more today in our Ethereum news. CryptoSlam said the vast majority of the hot NFT marketplace sales are illegitimate trades that were made to manipulate the token rewards model. […]

The project creators resurfaced today to say they didn't really pull the rug, but the project itself, and the money, are still gone.

An exclusive DappRadar report explores the separation between NFT valuations and the crypto market during the selloff.

The leading Ethereum NFT marketplace has clamped down on its own minting contract, frustrating and angering creators in the space.

DJ Steve Aoki launched an ETH NFT membership club that will use a passport to enable access to perks like live concerts, metaverse events, and more so let’s read further in our latest Ethereum news. DJ Steve Aoki is launching an Ethereum NFT membership club called AOK1VERSE but users will need a passport which will […]

The makers of the upcoming game plan to invest in and mentor up to 100 startups working to build the open metaverse.

Amid the price carnage this week, Crypto Twitter turned to jokes and memes, and mocked a DAO that was confused about IP.

Budweiser extends its push into NFTs with a $394K profile picture, which it appears to have received in exchange for a Super Bowl spotlight.

Ethereum’s dominance in non-fungible tokens (NFTs) is declining due to high gas fees and excessive congestion, investment banking giant JPMorgan said in a report. In a note published last week, analysts led by Nikolaos Panigirtzoglou even highlighted that Ethereum’s NFT market share has already dropped to 80% from 95% at the beginning of 2021. The blockchain network could be specifically losing its NFT market share to rival Solana, which has been gaining massive traction over the last year. The bank cautioned that if Ethereum’s loss of NFT market share continues this year, it could be a bigger problem for its overall valuation. Another area of Ethereum’s falling dominance is in the decentralized finance (DeFi) sector. Last week, in a note to clients, analysts Nikolaos Panigirtzoglou, wrote: “It looks like, similar to DeFi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains.” Scaling is also required to maintain its dominance in the DeFi sector. According to the strategists, the final phase of the sharding won’t happen before 2023. With sharding being critical for scaling, this means full-blown scaling is at least a year away. In that period, the Ethereum Mainnet risks continued losses of market share to competing networks like Binance Smart Chain, Terra, Fantom, Avalanche, Tron, Polygon including Solana as they have been gaining the biggest share of the DeFi market. These blockchains have already attracted a lot of funding and increased their own user base. The bank noted that by the time sharding of Ethereum is implemented, other ecosystems will grow so extensively that activity won’t return to Ethereum.

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