Edition #46 - 23 DEC 2022
Monthly sales on metaverse platforms have fallen 96% this year. While Metaverse platforms brought in $49.2 million in monthly trading volume in January, that figure dropped to a mere $2 million in November.
The Sandbox reclaimed its market dominance among metaverse platforms, though Decentraland finished the year with the most valued land parcels.
Facebook’s ex-gaming chief says Apple holding back crypto gaming, for now;
Pegaxy introduces new matchmaking, off-chain fusing and more in latest update;
The final word on Decentraland’s active user numbers;
vSpain will provide €8 million in grants to develop video game and metaverse experiences.
metaverses & Adoption
Will metaverse influence and inspire your travel choices in 2023?;
OKX unveils 2nd proof-of-reserves report, promises monthly publication;
Bank of England deems crypto “too dangerous”, calls for regulations as market cap touches $770 billion;
Polygon beats network record amid launch of last testnet;
Bitcoin addresses tied to defunct Canadian crypto exchange QuadrigaCX wake up after three years;
Terra founder Do Kwon cashes out 9.64 Bitcoins in Serbia;
Bankman-Fried in FBI custody, Ellison, Wang plead guilty and are cooperating;
Core Scientific, one of the largest crypto miners, files for chapter 11 bankruptcy.
DeFi prediction 2023 – BeInCrypto’s top projected DeFi trends for next year;
Stablecoin transaction volume on OP network over $1 billion;
DeFi more scalable than traditional finance: study;
Stablecoin volume hits record high of $7.4 trillion in 2022;
Stablecoin on-chain settlement may surpass that of Visa’s in 2023;
Mojito Markets, a DeFi protocol exposed to FTX and Alameda pauses project development;
Crypto DEX Uniswap introduces crypto purchases through fiat using moonpay.
DeFi technology company Pods raised $5.6 million in a Seed funding round. IOSG, Tomahawk, Republic, Framework Ventures, 4RC, Alexia Ventures and others are among investors;
NFT platform Revel raised $7.8 million in a Seed funding round led by Dragonfly Capital, with participation from Union Square Ventures, Sfermion, 6th Man Ventures, Gaingels, Wagmi Ventures, Alumni Ventures, Global Impact Ventures, Hansa Labs and Polygon;
Hardware wallet developer Foundation Devices raised $7 million in a Seed funding round led by Polychain Capital, with participation from Greenfield Capital, Lightning Ventures, Third Prime, Warburg Serres, Unpopular Ventures and Bolt.
Subscribe to Weekly Essentials