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NFT Project Spotlight: Ember Sword, the NFT-Driven MMORPG

NFT Project Spotlight: Ember Sword, the NFT-Driven MMORPG

Key Takeaways Ember Sword is an NFT-based MMPORG created by Bright Star Studios. The game is aiming to create an open, immersive virtual world that integrates Polygon NFTs. After a $204 million land sale in 2021, Bright Star is aiming for a full release by the end of 2023. Crypto Briefing talks with Bright Star […]
A Week of Terra: the Story of Do Kwon and His Black Swan Wipeout

A Week of Terra: the Story of Do Kwon and His Black Swan Wipeout

Key Takeaways Terra suffered the greatest crash in crypto history last week after its algorithmic stablecoin lost its peg to the dollar. The Layer 1 blockchain had a spectacular run leading up to its demise, but there were clear signs that it was nearing its end. The industry will need time to take stock of […]
The Crypto Whales That Backed Terra Before It Imploded

The Crypto Whales That Backed Terra Before It Imploded

Key Takeaways Terra collapsed in dramatic fashion this week after its UST stablecoin lost its peg to the dollar, sending LUNA into a death spiral. Many of the top venture capital firms in the crypto space backed and publicly endorsed Terra before it imploded. Terra’s meltdown has been described as a watershed moment for the […]
DeFi Project Spotlight: Stargate, Cross-Chain Liquidity Reimagined

DeFi Project Spotlight: Stargate, Cross-Chain Liquidity Reimagined

Key Takeaways Stargate is the first fully composable cross-chain liquidity transfer protocol for native assets with unified liquidity and instant guaranteed finality. Stargate is built over LayerZero, a novel trustless cross-chain messaging protocol that lets smart contracts and decentralized applications living on different blockchains communicate with one another. Stargate is built as an open and […]
Terror’s Dough Con Planning to Dump Bitcoin to Zero: Sources

Terror’s Dough Con Planning to Dump Bitcoin to Zero: Sources

Key Takeaways Dough Con wants to dump Bitcoin to zero because he has realized that Terror is destined to fail, anonymous sources have said. Con reportedly enlisted the help of a group of Bored Ape hackers and 0xSifu to acquire Satoshi Nakamoto’s seed phrase to get access to his Bitcoin. Several Layer 1 networks have […]
Opinion: WSJ Says the NFT Market Is Dying. It’s Wrong

Opinion: WSJ Says the NFT Market Is Dying. It’s Wrong

Key Takeaways The Wall Street Journal has published a misleading article claiming that the NFT market is dying. The article cherry-picks examples of poorly-performing NFTs, highlighting the journalist’s lazy reporting. In the same article, claims of an imbalance between supply and demand in the NFT market completely miss the value proposition of non-fungible tokens. Data […]