Articles written by BLOCKCAST CC - Benzinga

Web3 Industry & AI Rapid Growth: Unleashing Innovation and Potential

Over the past years, we have been privileged to witness an extraordinary surge in the growth and development of both the Web3 industry and the field of Artificial Intelligence (AI). This convergence has sparked a wave of innovative technologies that are revolutionizing various sectors and unlocking limitless possibilities.

Will NFT Sales Surge because of Ethereum Merge?

Ethereum (CRYPTO: ETH) got its long-awaited upgrade. After years of planning, development, and delays, the world’s second-largest coin by market capitalization has moved to proof-of-stake. The Merge is up and running, yet the price is still down but NFT sales went up after months of downtimes.

BAYC NFT Sells For 777 ETH - Zero To Hero NFT Grows 6,600% In Price Amid Crypto Slump

The NFT space continues to be impacted and feeling the heat even more. Coming into the third week of August, the global sales volume for NFT is around $639 million. With that, this could be the third consecutive month that NFT sales fall below the $1 billion mark.

How Can Decentralized Finance Survive the Current Crisis?

Decentralized Finance (DeFi) has been in the spotlight lately, primarily because of the shocking collapse of the Terra ecosystem. Its debacle cost tens of billions of dollars in a matter of days, creating violent shocks across the crypto market, and resulting in a loss of credibility among retail investors.

How Significant Is Instagram's NFT Launch? What are the things you should look out for?

Earlier this month the head of Instagram, Adam Mosseri, announced that he will start beta testing NFT functions with a small group of users in the US. Mosseri also confirmed there will be no fees for posting or sharing NFTs on Instagram.