LG to follow Samsung adding NFT features to flagship TVs
LG Electronics, one of Samsung’s biggest competitors, revealed that the company “definitely” plans to incorporate NFT features into its TV lineup in a press conference.
The company annnounced that LG Electronics’ latest organic light-emitting diode TVs are optimized for displaying digital artworks.
6.5 Billion SHIB added by crypto whales to their holdings within 1 hour
Data provided by blockchain tracker etherscan shows that two crypto whales have acquired over 6.5 billion SHIB tokens.
The two massive transactions were made from the wallets of Binance and Kucoin crypto exchanges, carrying 4,085,088,583 SHIB from the Binance 16 wallet and 2,533,125,045 SHIB from the KuCoin 3 address.
Play-to-Earn crypto gaming apps surpass DeFi in user popularity
According to data from DappRadar, nearly 50% of active cryptocurrency wallets connected to decentralized applications in November were for playing games.
The percentage of wallets linked to decentralized finance, or DeFi, dapps fell to 45% during the same period, after months of being the leading dapp use case.
BitTorrent File System(BTFS) 2.0.1 Testnet is now live
Underpinned by BTTC, the BTFS V2.0.1 Testnet supports cross-chain connectivity and multi-channel payments, making the distributed BTFS network easier to use and applicable to more use cases.
Solana network faces degraded performance for the second time this week
The Solana blockchain has faced its second network performance degradation incident this week. This is happening because of a rise in high compute transactions.
The network capacity, which was originally advertised to be 50,000 transactions per second (TPS), was reduced to several thousand TPS. Solana cited this as the reason why users experienced failed transactions and added that its developers are already working to fix the issues.
Serum community foundation raises $75 million in token sale
The Incentive Ecosystem Foundation, a community-led foundation of Project Serum, has raised $75 million in a new funding round.
Through this ecosystem fund, the foundation plans to support upcoming Serum projects across areas such as DeFi, NFT, gaming, and growth initiatives for Project Serum, such as hosting hackathons and hiring.
PayPal is exploring creating its own stablecoin
PayPal is looking into launching its own stablecoin as the company grows its crypto business. According to CoinDesk, PayPal subsidiary Curv was actively working on developing a stablecoin.
A PayPal spokesman stated that the company is exploring a stablecoin and will work closely with relevant regulators to move forward.
Hightlights of the week
$EGLD Maiar DeFi Wallet goes live
$ZEN partners with Dot Arcade for Play-to-Earn gaming and NFTs
$AAVE Arc launches for institutional lending and liquidity
Drone Racing League launches P2E game on $ALGO
Samsung opens virtual store in $MANA metaverse
Horizen partners with Dot Arcade NFT game
Horizen (ZEN) announced a new partnership with Dot Arcade, a blockchain gaming platform designed to combine arcade MOBA genres.
This partnership will explore bringing new play-to-earn games and NFTs to market and enabling users to store and trade in-game NFT assets on Horizen.
OpenOcean is integrating Chainlink Keepers to enable Limit Order functionality
OpenOcean announed integrating with Chainlink Keepers to enable secure and reliable limit order functionality on OpenOcean’s DEX aggregator, starting with BSC but expanding to additional networks in the future.
Chainlink oracles will also support trading tools in OpenOcean’s new SaaS product for intelligent wealth management, such as grid trading.