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News 1:Metaverse Land Sales Surge On Ethereum To $100M In A Week
The interest in the metaverse land is the latest trend in crypto. It seems to explode with over $100 million which was invested in the past week alone, according to DappRadar. Metaverse land is a virtual property in the form of NFTs, as unique digital tokens that can represent ownership of anything online like audio, art, or in this case, a piece of the metaverse.
Most of the cash invested in the metaverse land was spent on Ethereum projects, but investors are also looking to Solana. Most of the activity now exists on the Ethereum network and its blockchain, but it competes with Solana.
News 2: Cardano Records Over 20 Million Transactions Ahead of DEX Launches
The Cardano network remains one of the most stable blockchains in the crypto space. Well, founded in 2017, the network remains the most significant proof of stake network in the industry. It holds the title for the proof of stake network with the highest amount of coins stacked, recently conceding to Solana to become the intelligent contracts platform with the second-largest amount of coins stacked.
Nevertheless, Cardano remains a force to be reckoned with, and its latest achievement has shown that. Network activity has picked up on the network since the launch of smart contracts capability. A little over two months later, the network marked its 20 millionth transaction after four years in operation.
News 3: India May Not Ban Crypto, Says Ex-Finance Secretary
He says that the bill is only concerned with crypto as a currency and may not come into effect.
According to comments from a government official running contrary to earlier reports, India might not ban cryptocurrencies.
In November, it was widely reported that India planned to introduce a bill that could impose a comprehensive ban on cryptocurrency, going as far as to “prohibit all private cryptocurrencies.”
News 4:Grubhub Announces Free Bitcoin Rewards On Food Deliveries
Grubhub, an American online food delivery platform, has come up with an exciting new way to engage its users. The company has partnered with Bitcoin rewards company Lolli to allow its users to earn Bitcoin (BTC) on every order.
Integrating crypto into a simple routine activity – like ordering food online, is yet another effort at driving crypto adoption.
Lolli has partnered with many companies in various sectors to offer customers BTC rewards.
News 5: FTX launches marketplace for easy Ethereum NFT trading
FTX, with its recent announcement, is the first NFT marketplace to support both Solana and Ethereum-based NFTs.
After weeks of supporting Solana-based NFTs on its marketplace, FTX U.S has revealed that it would now support the trading of Ethereum-based NFTs on its platform.
According to the official announcement made by the leading crypto exchange, users of its platform can now scour its NFT marketplace to buy, sell, and display their Ethereum NFTs alongside their Solana NFTs.
