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Top Crypto News: 8/03 - Cryptocurrency News

www.altcoinbuzz.io 04 August 2021 04:39, UTC
Reading time: ~5 m

After making a daily high of $39,939, Bitcoin is now trading at $38,123. Meanwhile, the second-largest cryptocurrency, Ethereum, is trading close to $2,502.

Let’s find out some interesting crypto news stories for the day.

1- Massive Surge in NFT Marketplace Trading Volume

The non-fungible tokens (NFT) market have recorded a whooping high in trading volume last week. As per CoinDesk, the Ethereum chain’s NFTs trading volume reached $171 million, which is 338% up since the previous month. Impressively, OpenSea recorded the highest NFTs trading volume in the past two days.

As per DappRadar, OpenSea trading volume was $35 million on 31st July and $49 million on 1st August. Moreover, this volume includes the trading of famous CryptoPunks, which has reached $78.4 million over the weekend. In addition, this trading volume also includes other collectibles such as ArtBlocks, Bored Ape Yacht Club (BAYC), and more.

2- NFT E-Commerce Platform NFTify Now Live for Everyone

NFTify, the e-commerce platform, has announced to open access to its platform for all users. NFTify is a next-generation NFT e-commerce platform and one-stop shop for designing an influential NFT marketplace.

Notably, users now get free access to enjoy exciting features such as one-click NFT shop creation, highly customizable NFT stores, free Shopify of NFTs on Web 3, and more. Further, users can register and open their own NFTify store by clicking here. Additionally, the team also has plans to add more exciting features in the near future.

No more waiting as NFTify officially opens access to all users today!

✅ Free access for everyone
✅ Easily open your own NFT stores
✅Enjoy outstanding features brought by NFTify

Go ahead & open your own NFTify store via link: https://t.co/PtNMdi9iPIhttps://t.co/VRvVATAZ4c

— NFTify (@nftify_official) August 2, 2021

3- Blockchain-based Gaming Platform Enjin Launched NFTs Giveaway

Popular blockchain-based gaming platform Enjin launched NFTs giveaway. In this giveaway, participants can win 5 exclusive EnjinQuest. Enjin is a pioneer in the NFT space and the originator of the ERC-1155 NFT standard.

Notably, the team will randomly select the winners on 6th August 2021. The steps which are to be followed to participate in this giveaway are a) follow Enjin’s Twitter handle, and b) tag two of your friends, like, and retweet the tweet shown below.

Giveaway time! 📦

This week, we're giving away 5 exclusive EnjinQuest #NFTs this week, which we will reveal soon.

To enter:
✅ Follow us @enjin
✅ Like & RT this tweet
✅ Tag 2 friends with #EnjinQuest

Winners will be chosen randomly on Aug 6. Good luck! pic.twitter.com/kXz5BlxKiZ

— Enjin (@enjin) August 2, 2021

4- DAFI Protocol Launched its Liquidity Mining Campaign with Lucrative Rewards

DAFI Protocol has declared the launch of its liquidity mining campaign. As per the tweet, users can stake DAFI to earn $DAFI tokens on the AscendEX exchange. Further, the team has allocated a total of $15,000 worth of DAFI tokens as rewards.

DAFI Protocol resolves various issues faced by the blockchain networks. It aims to mitigate the excess token supply concerns by replacing simple tokens with dTokens. Notably, this staking is a 12-week liquidity mining campaign, which will start on 3rd August 2021 at 12:00 am UTC. More details regarding this liquidity pool can be found here.

We’re very excited to announce a new 12-week liquidity mining campaign for @DafiProtocol with a 💰US$15,000 reward pool💰 in DAFI tokens! The campaign will start on August 3, 2021, 12:00 am UTC.

Learn more: https://t.co/iK3oSVxlCT pic.twitter.com/b7Fyz5S0IW

— hummingbot (@hummingbot_io) August 2, 2021

5- FEAR Teams up NFTrade to Launch $FEAR NFT Farming

FEAR has revealed the launch of $FEAR NFT farming on NFTrade. As stated, users can stake their tokens in the FEAR NFT Farm on NFTrade to earn lucrative rewards.

Additionally, stakers can also earn synthetic tokens (nFEAR), which will be issued by NFTrade. The longer the time period user will stake $FEAR in the farm, the more nFEAR user can earn. Users can also redeem these tokens to claim their NFT.

Fear is a blockchain-based horror gaming and NFT project which provides gamers and crypto enthusiasts an opportunity to own unique and rare NFTs. While NFTrade offers one of the unique features of p2p NFT swapping. Hence, this coalition will help easy and secure swapping of NFTs earned by the FEAR community outside its Marketplace.

The articles can be viewed here:

Medium: https://t.co/x4ZSGsgtDU
Fear Blog: https://t.co/EfCnIpnk7w#NFT #NFTS #p2e #playtoearn #FEAR

— FEAR (@fearnfts) August 3, 2021

6- Splytcore Launched a Giveaway of 10,000 SHOPX Tokens

In the last bit of crypto news for today, we have Splytcore launching a giveaway. In this giveaway, the first-place winner would receive 5,000 SHOPX. In addition, 5 runners up would be receiving 1,000 SHOPX each. Splyt is an e-commerce NFT infrastructure that connects e-commerce stores, brands, and affiliates.

The steps which are to be followed to participate in this giveaway are a) follow Splyt’s Instagram, and b) tag two of your friends, like, and comment on the post shown below. Notably, the team will randomly select the winners on 6th August 2021.

Splyt is giving away 10,000 SHOPX tokens! 🤑

Here’s how to play:

1. Follow our Instagram @splytcore
2. Like this post (https://t.co/OQPY1onr6w)
3. Comment and tag 2 friends

Giveaway ends this Friday (8/6) at midnight – Winner will be selected at random $SHOPX pic.twitter.com/Lxks7mtf3b

— Spl.yt Core Foundation (@splytcore) August 2, 2021

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