It’s been another bad week for the crypto market overall, but there were a few coins that enjoyed gains. TRON led the way with a price increase of 35.3%, while ALGO rose by 31.9%, CRV by 17.7%, and HNT by 11.7%.
Meta has revealed that Instagram will soon support NFTs from Ethereum, Solana, Polygon, and Flow. The support for NFTs means users will be able to post NFTs on their accounts after proving their ownership through crypto wallets — Instagram plans to add integrations with major crypto wallets, like MetaMask.
Curve Finance and the Aurora Network an Ethereum Virtual Machine layer from the Near protocol will integrate. The merger of the two stablecoin-focused decentralized exchanges will allow users to access the Aurora Network and its liquidity pools through Ethereum wallets when using Curve.
TheCafeDAO, a decentralized autonomous organization (DAO), launched a pop-up coffee stand in Seattle last week to test the possibility of running a business using the DAO structure — meaning its customers and employees would own it
The blockchain gaming company Irreverent Labs secured $40 million in its latest funding round. Its first project is the play-to-earn game MechaFightClub, which involves players purchasing NFTs that represent robot chickens and using them to battle against others to earn rewards.