Between Aug. 3 and Aug. 10, 2024, non-fungible token (NFT) sales experienced a 6.29% increase from the previous week, hitting a total of $ 95.42 million. However, the number of participants in the NFT market saw a sharp decline, with buyers dropping by 86.34% and sellers by 77.25%. NFT Market Sees 6.29% Growth This …
North Carolina Passes Bill to Block State Participation in Federal CBDC Testing
The General Assembly of the U.S. state of North Carolina has approved a bill that prevents the state from participating in the Federal Reserve’s testing of a central bank digital currency (CBDC). The General Assembly is North Carolina’s legislative body, comprising two chambers: the House of Representatives and the Senate. The bill passed with significant […]
Fear of Impermanent Loss: Though ‘Overstated,’ It Has Impacted Participation in Liquidity Pools, Says Mehdi Lebbar
Although decentralized finance (defi) continues to evolve, it is being perceived as the domain of a select few, Mehdi Lebbar, the co-founder of the investment platform Exponential, says. However, he argues that defi protocols can alter this perception by emphasizing user education. Lebbar contends that regular educational newsletters, explainer videos, and social media posts can […]