Crypto News

NFT Market Slips in May Despite Buyer Growth and Gains From Bitcoin, Avalanche

Based on the most recent figures, non-fungible tokens (NFTs) generated approximately $474 million in sales throughout May, marking a 21.25% decline compared to April’s total. NFT Market Declines in May NFT sales maintained their downward trajectory in May, with monthly figures falling short by $127.9 million compared to the prior month. Although the number ofSource link

Stablecoin Giant Circle Bullish on IPO Demand, Boosts Offering With $7.2 Billion Valuation

Circle now forecasts that its stock will go for as much as $28 a share on Wall Street—a sign of increased investor interest in the stablecoin issuer's offering.Source link

Bitcoin Languishes Below $105K Despite Record-Breaking Conference Attendance

The leading digital asset has tumbled from its recent all-time high, even as retail and institutional investment reach record levels. Record Crowds at Bitcoin Event, But Price Remains Stuck Below $105K More than 35,000 of the Bitcoin faithful flocked to Sin City and packed the Venetian Resort in record numbers last week. But on theSource link

From Wallet to Wager: bookmakerXYZ Simplifies Sports Betting With Web3 Technology

This content is provided by a sponsor. PRESS RELEASE. In a world where digital convenience is expected, online betting continues to feel stuck in the past. Lengthy registration forms, invasive identity checks, and frustrating payment delays still dominate the experience. Just as the moment is meant to be enjoyed, users are forced to navigate cumbersomeSource link

Consensys Acquires Web3Auth to Reinvent MetaMask Onboarding

Consensys, the Ethereum infrastructure company behind the popular MetaMask wallet, said it has acquired Web3Auth, a provider of wallet infrastructure, in a move aimed at improving usability and developer accessibility across its platforms.Financial terms of the deal were not disclosed.The acquisition is designed to modernize MetaMask’s onboarding experience and tackle one of the most persistent challenges facing self-custodial crypto wallets: seed phrase management. According to Consensys, internal data indicates that 35% of MetaMask users fail to back up their seed phrases — a key vulnerability that can result in permanent loss of funds.Web3Auth’s technology, already integrated across some 8,200 decentralized applications, offers login and recovery tools that mirror Web2-style user flows. With this integration, MetaMask users will have the option...