In conclusion, the collapse of SVB and Signature Bank has had a significant impact on the crypto industry, particularly the dapp ecosystem. The events of the past few weeks have highlighted the need for the industry to become more self-sufficient and less reliant on traditional banking infrastructure.
Scams, fraud, mismanagement, and an overall lack of transparency in the web3 industry are globally triggering the regulators’ radar now more than ever. So we crafted this guide with all you need to know about crypto regulations.
DappRadar’s latest on-chain data analysis for the month of February offers an encouraging glimpse into the industry’s potential for growth and development, highlighting the pivotal role of gaming in driving innovation and progress.
The NFT market has continued to exhibit bullish on-chain metrics seen in January throughout the month of February. The total NFT trading volume reached an impressive $2 billion, which is a value not seen since before the Luna crash.
After a tough year for the blockchain industry in 2022, the sector seems to have a promising start in 2023 with gaming leading the way. At DappRadar, we have analyzed gaming on-chain data for this year’s start, and the results are indeed encouraging.