
Loopring Surges as GameStop Buils NFT Marketplace on Layer-2 Protocol
The NFT marketplace announcement has impacted the investor push on GME shares which closed Wednesday’s trading up 14.50%.
1H
-0.14%$0.0001
24H
-4.03%$0.0043
7D
-2.35%$0.0024
30D
3.19%$0.0031
The NFT marketplace announcement has impacted the investor push on GME shares which closed Wednesday’s trading up 14.50%.
The number of prospective assets to be added by Grayscale has now been increased to 31.
OpenOcean will not collect any extra fees on top of the Loopring Layer 2 aggregation.
Since the announcement, there has been a mixed price reaction. While some like Filecoin, Bancor, and Yearn Finance have gained by as much as 10%. Others like Cardano have barely moved, recording a marginal move of less than 1%.
Gemini said that this decision comes amid its efforts to support projects that redefine the boundaries of finance, gaming, and art, and offer more financial independence.
Loopring is an open protocol for building decentralized exchanges initiated by Daniel Wang. The protocol is free, extensible, and serves as a standardized building block for decentralized applications (dApps) that incorporate exchange functionality. It is operable on Ethereum and Qtum while NEO is also under construction.
Scrypt is an adaptive cryptographic function of key generation based on the password. It was invented by Colin Percival for the online service for protected storage of back up copies of Unix like operating systems in 2008.
The guide provides details on Mdex, which is the optimal way to create cross-chain compatibility between leading chains to create a composite DEX ecosystem. Find out more about its benefits here.