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CryptoBlog n.946


Based on the data provided by Dune analytics, on December 3rd, Reddit saw one of the ATH daily NFT mints at 216,000 mints in one day.

CryptoBlog n.945


Decentraland launches metaverse land rental Decentraland has announced that owners of lands can rent them to other users. The new system will allow both LAND owners and tenants to rent LAND in a safe and decentralized manner, stored in a server managed by the Decentraland Foundation (off-chain). Decentraland is a virtual world launched in 2020, where users can buy virtual plots of land using one of its native tokens, MANA, on the Ethereum blockchain. Apart from buying lands, users can also engage with each other, play games using interactive dApps, and carry out trades to earn money.

CryptoBlog n.944


???? Trader loses 70 ETH over bug in NFT marketplace Blur A bug in the new bidding system of non-fungible token (NFT) marketplace Blur caused a user to lose 70 ETH by accidentally overbidding on an Art Gobbler NFT. Paradigm-backed Blur launched on October 19, branding itself as the “NFT marketplace for pro traders.” Blur replied to the thread saying that its policy is to refund users for platform bugs but not for user errors, adding that the platform will offer a 50% refund in this incident.After evaluating further, we see how this can be considered a bug from the user’s perspective, so we will refund 50% to traders who were affected by this UI behavior,” wrote Blur.

CryptoBlog n.943


ByBit, a derivatives exchange, announced plans to reduce the workforce as part of an ongoing business re-organization. The company will lay off about 30% of its employees.