CryptoBlog n.791
Instagram and Facebook users in the U.S. can now connect their crypto wallets to Instagram as part of the app’s new digital collectible feature, which the tech giant has been testing since May. Users can connect wallets from Coinbase, Dapper Labs, MetaMask, Rainbow and Trust to Instagram. Instagram users can also crosspost their NFTs to their Facebook accounts, according to a blog post.
CryptoBlog n.789
KyberSwap CEO predicts DeFi will overtake TradFi in 10 years KyberSwap CEO Victor Tran predicted onstage that decentralized finance (DeFi) will overtake TradFi in 10 years. On top of that, KyberSwap will also be the most used decentralized exchange (DEX) because of its innate ability to provide the best rates in all of DeFi. Speaking on the panel “Decentralized Exchanges: The Road Ahead” along with co-founders from 1inch Network and Mantra, Tran declared that consumers in the future will value privacy and control, especially considering developments around the world today.
CryptoBlog n.788
CryptoBlog n.787
Overall NFT sales might be down significantly from earlier this year, but collectors are using the bear market and the falling price of ETH to snap up relatively good deals on desirable digital art pieces. For example CryptoPunks NFT #2924 just sold this afternoon for nearly $4.5 million worth of ETH—the largest single NFT sale in recent memory. Measured in ETH, the 3,300 ETH sale price is the fourth-largest all time for CryptoPunks.