The dApp industry has experienced astonishing growth, as highlighted in DappRadar’s recently published 2023 Industry Report. This comprehensive report offers valuable insights into the thriving landscape of NFTs, DeFi, and blockchain gaming. With a 124% year-over-year increase in Unique Active Wallets (UAW), it is evident that the dApp sector is evolving rapidly. One of the
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Blockchain games have captured the attention of the gaming industry, promising decentralized ownership and true digital scarcity. However, a closer look reveals a concerning trend of discontinuation and abandonment. According to the Big Blockchain Game List, more than 30% of blockchain games announced in 2023 have been reported as discontinued or canceled. This article delves
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The recent report from the Commodity Futures Trading Commission (CFTC) sheds light on a critical issue within decentralized finance (DeFi) systems. The report highlights the absence of clear lines of responsibility and accountability deliberately overlooked by certain industry structures. While acknowledging the immense potential of the DeFi sector, the CFTC emphasizes the substantial risks it
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In the ever-evolving world of cryptocurrencies, Cardano (ADA) has been making significant strides in terms of performance and scalability. With the recent introduction of a new version of its client, v.8.7.3, and updates to its networking and consensus teams, the Cardano ecosystem is well-positioned to mitigate performance issues and drive further growth. The latest update
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The Financial Services Commission (FSC) of South Korea has expressed concerns regarding domestic securities firms that broker overseas-listed Bitcoin spot exchange-traded funds (ETFs). In a notice released on January 12, the regulatory body acknowledged the emerging regulatory regime for the crypto industry in the country but warned that the brokerage services for these foreign ETFs
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