NFT
Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction
Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.
The Thrill Behind Non-Fungible Tokens
A non-fungible token (NFT) is a digital asset whose ownership is blockchain-based, and its value is pegged on its uniqueness. Some of the most common use-cases of NFTs include event tickets, game items, digital collectibles, software licensing, digital certificates, in-game props, authentication certificates, and domain names.
Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity
Twitter CEO Jack Dorsey has capitalized on the non-fungible token (NFT) hype that has been going around.
NFT Mania Grips The Market As Hashmasks Emerge
While Bitcoin’s market capitalization passed $1 trillion for the first time ever on Feb.19, the Non Fungible Token (NFT) market has been growing at a pace like never before as well. A NFT is a special kind of crypto token which represents a wide range of tangible and intangible items from sports cards or collectibles, art and even real estate.
Beeple NFT Sells at Auction for $69.3M, The Biggest NFT Sale to Date
The world's most valuation NFT by Beeple has been auctioned at Christie's for an approximate sum of $69.3 million
Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.
Rarible and Adobe Partners to Enhance NFT Security
Non-Fungible Token (NFT) marketplace Rarible has partnered with Adobe to improve the authenticity of digital arts created through Adobe Creative Cloud solutions.
Krafton Partners with Solana Labs to Develop blockchain-based Games
Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world.
KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects
Crypto exchange KuCoin has announced a $100 million “Creators Fund” to enhance the Web3 ecosystem and support early-stage NFT projects in sports, arts, GameFi, and celebrities.
Popular British GT Racing Team Launches NFT Platform to Authenticate Car Parts
The GT racing team has announced the launch of its NFT program that will certify racing car parts and give fans and digital art collectors confidence in buying such digital collectables.
Boson Protocol Launches Redeemable NFTs For Real World Assets
Boson Protocol has revamped its platform to include redeemable NFTs
NFT Lender Omni Hacked for 1,300 ETH
NFT platform, Omni was hacked for 1,300 ETH ($1.43 million) as the hacker exploited the firm's reentrancy vulnerability protocol, according to PeckShield.
Unique NFT Buyers Hit Historic Highs in January
The adoption happening in the NFTs market is going through the roof, given that unique wallets purchasing NFTs have doubled compared to five months ago.
GameStop Launches Self Custodial Wallet for Crypto, NFTs
Video game retailer, GameStop Corp is advancing its reach into the Web3.0 ecosystem with the launch of its new digital currency wallet
Gamifying the Online Casino Experience with NFTs
Australian online gambling operators are utilizing gamification strategies to enhance player experience, incorporating features like progress bars, NFTs, VIP programs, and PvP tournaments, despite concerns about addiction and legality.
NFTs will Outrun Bitcoin due to the Proof of Ownership for Real-World Items, Kevin O’Leary says
Kevin O’Leary believes that NFTs have a bigger shot of surpassing Bitcoin because they can digitally show ownership of real-world things like flash cars or designer watches.
Machi Big Brother's recent NFT sell-off
Machi Big Brother, the NFT whale, discharged 90 BAYC, 191 MAYC, and 308 Otherdeed NFTs, among others.
UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer
The UK announced to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for cryptoasset technology and investment.
NFT Transactions Projected to Hit $40m by 2027 amid Metaverse Trend
NFT transactions are expected to reach $40 million by 2027 as the metaverse trend continues gaining steam, according to a report by Juniper Research.
Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.
Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.
NHL Partners with Sweet for Digital Collectibles NFTs Marketplace
NHL is looking to invest in NFTs to boost the sports league's growth. The NTF marketplace is expected this upcoming season.
Binance Boosts Web3 Wallet with New Features and $1M Airdrop Campaign
Binance enhances its Web3 Wallet with ERC-404 token support, an Inscriptions Marketplace, and announces a $1M airdrop to engage users.
Dubai Police to Release Second Bunch of NFTs
The Dubai Police plans to roll out the second collection of NFTs after the first bunch attracted approximately 23 million people globally.
This CryptoPunk Owner Refuses to Accept a $9.5M Bid for His Rare NFT
A Twitter user with the handle @richerd has rejected a 2,500 ETH (approximately $9.5 million) bid for CryptoPunk #6046.
Next Generation On-chain DEX Aggregator 3Route Launches on Tezos
3Route, a decentralized exchange protocol launches a next generation on-chain DEX aggregator powered by the energy-efficient blockchain, Tezos. The leading-edge automated routing engine atomically optimizes trades across multiple liquidity sources. 3Route is positioned to provide users with the best rates and low slippages without any service fees.
KPMG in Canada Acquires World of Women (WoW) NFT
KPMG Canada, a full-service Audit, Tax, and Advisory firm owned and operated by Canadians, have announced it has purchased a World of Women (WoW) NFT.
Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest
Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration.
BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview
Discover BNB Chain's strategy for onboarding 1 billion Web3 users, bridging the decentralized tech gap, managing transaction costs, and future platform developments in our exclusive interview.
BinaryX Releases Concept Art for World Building MMO CyberLand
BinaryX has confirmed that it is working on a new free-to-play, play-to-own game, CyberLand, an open-world MMO powered by blockchain technology. The team just released the concept video which gives a first look of the terrains and features of the game.
Oscar Actor Anthony Hopkins's New Production "Zero Contact" to Premiere on New NFT Platform Vuele
The famous Oscar actor Anthony Hopkins' new film called "Zero Touch" will premiere on the new platform Vuele in the form of Non-Fungible Tokens (NFTs). It will be the first feature-length movie sold in the form of NFT.
Binance Adds Bitcoin Ordinals to NFT Marketplace
Binance has announced that it will soon support Bitcoin ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Bitcoin ordinals have been on the rise, with over 3 million inscriptions as of May 1, but they remain a controversial topic in the crypto community.
Ukraine to Record War Against Russia in NFTs
The Ukrainian government has planned to launch non-fungible tokens (NFTs) featuring unique digital artwork illustrating stories from its war with Russia.
Minerva's Circle launches at DCENTRAL Miami 2022
DCENTRAL Miami, one of the world's most anticipated Web3 conferences of the year, is proud to announce its new Minerva's Circle gender equality and diversity initiative. Named after the Roman goddess of wisdom, arts, strategy and justice, the dedicated women's community created by DCENTRAL pushes for greater crypto and Web3 education for women worldwide.
Binance NFT Ceases Support for Bitcoin NFTs
Binance NFT discontinues Bitcoin NFT trades and deposits, advises withdrawals by deadline, and details distribution of Runestone NFTs and tokens.
China to Limit the Unauthorized Use of Other's Digital Properties
The illegal use of people’s work including Non-Fungible Tokens (NFT) without getting their permission has been a concern to the National Copyright Administration in China (NCAC). To this end, the agency alongside four departments has therefore enacted policies in a special edition campaign ‘Jianwang 20222’ to combat this issue according to a press statement
49% of Americans are Aware of NFTs: Pew Research Center
Nearly half of Americans have shown awareness of non-fungible tokens (NFTs), according to a survey by Washington-based think tank Pew Research Center.
Coinbase NFT launches new creator hub
Coinbase NFT has launched a new "Creator Hub" that provides a slew of tools for NFT creators to launch and market a collection.
Portal Debuts on Binance Launchpool for BNB and FDUSD Farming
Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd. PORTAL will then list on Binance against major trading pairs.
Wakweli and Polygon Partner for NFT Authentication
Web3 protocol Wakweli has partnered with layer-2 scaling platform Polygon to offer certification of authenticity for NFTs. The partnership will allow all digital assets on Polygon to be compatible with Wakweli's certification system, enhancing the security of the digital ecosystem. Wakweli's testnet will be available in April, with alpha testing with Polygon's mainnet set to begin in Q2 2023.
Understanding the Rise of Non-Fungible Tokens
Non-fungible tokens are currently garnering attention in the digital market. To verify their ownership and authenticity, NFTs use blockchain technology. They represent a wide variety of things, such as art, music, games, and even real estate. The concept of NFTs has gained popularity and acceptance. This article details the rise of NFTs and the potential benefits of investing in them.
The creator of the nonfungible token collection Bored Ape Yacht Club
Yuga Labs agreed with the maker of a copycat collection of the blue-chip Bored Ape Yacht Club NFTs.
Shiba Inu SHIB Founder Ryoshi NFT Collectible Debut on HEEL and SHIBACALS
A new NFT brand has surfaced in the Web3 domain. HEEL and SHIBACALS present a limited 'Young Ryoshi in Space' collectible, symbolizing Shiba Inu's elusive founder, Ryoshi. With only 45 pieces available, this NFT, priced at 0.1 ETH, is set for sale on September 9, 2023, at 20:00 UTC. Initial buyers receive NFT passes, potentially unlocking future content. Five lucky holders will get 500 HEEL tokens. Resales are prohibited, ensuring exclusivity. This venture, alongside Shiba Inu's rise, emphasizes the growing NFT market's potential.
Hong Kong's K11 MUSEA Launches Large-scale Showcase of NFTs
Hong Kong's K11 MUSEA is launching a large-scale showcase of non-fungible token (NFT) art from April 29 to June 19, 2022, along with educational workshops and talks for all ages.
Pepsi Launches Genesis NFT Collection to Celebrate Anniversary
Beverage giant Pepsi announced the brand would launch nearly 2,000 NFTs to celebrate the anniversary.
Facebook Aims to Integrate NFTs in Novi Digital Wallet
Tech-giant Facebook is escalating its influence by integrating NFTs in its Novi Digital Wallet.
Starbucks Halts NFT Beta Program, Eyes Future Digital Loyalty Strategies
Starbucks pauses its NFT program, with its lead Steve Kaczynski optimistic about the future of loyalty programs and NFTs, as the company plans its next digital strategy.
Binance Unveils Cristiano Ronaldo NFT Collection 'Forever Worldwide: The Road to Saudi Arabia'
Binance collaborates with Cristiano Ronaldo for exclusive NFT collection.
Step-by-Step Guide to Importing NFTs from MetaMask to Immutable Passport
Learn how to transfer NFTs from MetaMask to Immutable Passport with this detailed guide.
SWAYE Unveils Revolutionary Telegram-based Game Onboarding
SWAYE leverages Telegram for seamless Web3 game onboarding.
MetaPals to Launch 20,000 Teletubbies NFTs on Tezos (XTZ)
MetaPals partners with Teletubbies to release 20,000 unique NFTs on Tezos, enhancing digital companionship.
Celestia (TIA) Announces Winners of the Infinite Space Bazaar Hackathon
Celestia reveals winners of the Infinite Space Bazaar hackathon, celebrating innovation in applications, UX, core infrastructure, and community.
Bitcoin-Based NFTs: Ordinals and Runes Surge in Market Cap and Popularity, Reports CoinGecko
Explore the growth of Bitcoin-based NFTs, Ordinals and Runes, in market cap and user adoption.
Sui Generis Bridges Web3 Gap for Artists Through NFT Auctions
Sui Generis leverages Sui technology to build a thriving NFT art community.
Binance Auctions Rare Portugal NFT with Cristiano Ronaldo Meet-and-Greet
Binance announces auction of rare Portugal NFT featuring an opportunity to meet Cristiano Ronaldo.
Why Top Gaming Studios are Diving into Web3 Gaming
Top gaming studios are investing in Web3 gaming. Discover why this trend is gaining momentum.
IOTA Awards $2.36 Million in Grants to 20 Blockchain Projects
IOTA Grants program awards $2.36 million to 20 blockchain projects, supporting diverse sectors.
Ethereum (ETH) Network: A Pillar of Decentralized Digital Economy
Ethereum's role in DeFi, NFTs, and gaming underscores its pivotal impact on Web3.
A Comprehensive Guide to Purchasing NFTs on the Immutable (IMX) Ecosystem
Learn how to buy NFTs on the Immutable (IMX) Ecosystem, including Token Trove, Merit Circle, and AtomicHub.
Hunters On-Chain Revolutionizes Blockchain Gaming with NFT Integration
Hunters On-Chain offers a unique blockchain-based battle royale experience with NFTs and real asset ownership.
Gala Music Unveils NxWorries Mystery Box Featuring Exclusive Content
Gala Music releases NxWorries Mystery Box with exclusive content and rewards.
Gala Games Hosts Live Town Hall and Launches New NFT Releases
Gala Games conducts a live Town Hall for Common Ground World, featuring new NFT releases and community interaction.
Gala Music Celebrates Summer with Exclusive Releases and Mystery Boxes
Gala Music unveils exclusive tracks from Macy Gray, Laganja Estranja, Sazi, and more to kick off a vibrant summer season.
Common Ground World Introduces Weekly Culinary Competition
Common Ground World launches a new weekly culinary competition. Craft and sell Marine Ravioli for a chance to earn rewards, including the Hasty Italian Restaurant Blueprint.
Gala Games Announces Discounts on Minting Scrolls and Kate Nova Rewards
Gala Games introduces discounted Scrolls of Minting and special Kate Nova rewards for Champions Arena players, available for a limited time.
Immutable (IMX) and Space Nation Launch Limited-Edition NFT Collection
Immutable (IMX) partners with Space Nation to release a limited-edition NFT collection, the Immutables, enhancing the web3 MMORPG space universe.
Money B Unveils NFT Track 'Sit Next to Me' on Gala Music Featuring Guapdad 4000
Hip hop legend Money B releases new NFT track 'Sit Next to Me' featuring Guapdad 4000 on Gala Music platform, embracing Web3 technology.
Gala Games Introduces Tradability of NFTs, Empowering Players Through Web3
Gala Games leverages Web3 to empower players with tradable NFTs, enhancing player freedom and control through platforms like OpenSea.
IOTA Grants $2.89 Million to 26 Projects in Latest Funding Round
IOTA Foundation announces $2.89 million in grants to 26 projects, focusing on DeFi, NFT marketplaces, SocialFi, and more.
Gala Games Announces 'Stars & Sweets' Weekly Competition in Common Ground World
Gala Games launches the 'Stars & Sweets' competition in Common Ground World, inviting players to craft and sell Starlight Market Boxes for rewards from July 2-5.
Astar Network Emerges as Preferred Blockchain for Global Enterprises
Astar Network, through its Yoki Origins campaign, showcases its robust ecosystem by onboarding numerous projects and achieving significant milestones.
Gala Games Unveils Stars and Stripes Monument NFT for Independence Day in Common Ground World
Gala Games introduces the Stars and Stripes Monument NFT in Common Ground World to celebrate Independence Day, offering gameplay benefits and limited availability.
OKX Wallet Integrates Solana Blinks for Enhanced DApp Interaction
OKX Wallet has integrated Solana Blinks, enabling users to interact with DApps on Solana directly via Twitter.
XYRO Secures Strategic Investment and Partnership with Animoca Brands
XYRO announces strategic investment and collaboration with Animoca Brands to enhance its gamified social trading platform.
NFT Artists and Web3 Communities Shine in Linea's Culture SZN Wave 3
Discover the NFT artists and web3 communities featured in Linea's Culture SZN Wave 3, including SendingMe, TownStory, Danielle Zosavac, and more.
Gala Games Announces Harvest Pie Hoedown Event for Common Ground World
Gala Games introduces the Harvest Pie Hoedown event in Common Ground World, featuring new crops, crafts, and rewards for players.
Gala Games Hosts Town Hall for The Walking Dead: Empires
Gala Games is hosting a live Town Hall for The Walking Dead: Empires on July 17th at 11am PT. Players can join live or catch the replay.
Gala Games Unveils Early Access for Superior, Requiring Prime Character NFTs
Gala Games launches early access for Superior, a roguelite game where players need Prime Character NFTs to join the battle against rogue superheroes.
Gala Music Introduces Artist Upload for Independent Track Management
Gala Music's Artist Upload feature empowers artists with decentralized control over their music releases, enhancing autonomy and engagement.
Exploring NFT Royalties: New Mechanisms and Challenges
Learn about the innovative mechanisms and challenges of NFT royalties, including staking and right of reclaim, as proposed by a16z crypto.
Linea Launches Culture SZN to Spotlight NFT Creators and Communities
Linea's Culture SZN highlights over 20 NFT creators, encouraging community engagement through free mints and votes to form Linea Guilds.
Web3 Artist Push Discusses NFTs, Culture SZN, and the Power of Love
Digital artist Push talks about Culture SZN, NFTs, and spreading love in the web3 ecosystem.
nWay to Launch Paris 2024 Mascot NFT Pins Celebrating Olympic Games
nWay announces the launch of exclusive Paris 2024 Mascot NFT digital pins, celebrating the Olympic Games with unique digital collectibles.
Binance Research Reports 37.3% Growth in Crypto Market for H1 2024
Binance Research reveals a 37.3% growth in the crypto market for the first half of 2024, driven by strong performance in Layer-1s, DeFi, and stablecoins.
BSC Young Boys NFTs Transition to Chiliz (CHZ) Chain in Major Migration
BSC Young Boys will migrate their entire NFT ecosystem from Flow blockchain to Chiliz (CHZ) Chain, enhancing fan experience and NFT management.
BNB Chain Announces $250K 'Train Like a Champion' Challenge
BNB Chain launches the 'Train Like a Champion' challenge with a $250K prize pool, timed with the 2024 Summer Olympics.
Barry Brewer's 'Chicago, I’m Home' Special Hits Gala Film with NFT Moments
Gala Film launches Barry Brewer’s comedy special 'Chicago, I’m Home' with exclusive NFT Moments and rewards.
Gala Games Unveils 'Legacy' - A New Entrepreneurial NFT Game
Gala Games introduces 'Legacy', a unique NFT game focused on entrepreneurship, where players can own virtual land and manage guilds.
Debunking Common Myths About Web3 Gaming
Explore the truth behind five common myths surrounding Web3 gaming, including AAA studio involvement, user-friendliness, and financial models.
Gala Games Introduces VIP Club 'Gala Gold' with Exclusive Benefits
Gala Games' VIP membership, Gala Gold, offers exclusive Discord access, special NFTs, and game testing opportunities for a lifetime fee.
Maggie Joins The Walking Dead: Empires as Newest NFT Hero
The Walking Dead: Empires introduces Maggie as a new NFT Hero, available for purchase starting July 26 at 7am PT.
Gala Games Unveils Limited-Time VOX Rebate Opportunity Featuring Finley the Shark
Gala Games launches a limited-time rebate offer for the Finley ProtoVOX outfit, giving $100 in $GALA back. Act fast before it ends.
Gala Music Unveils Exclusive NFT Drops and New $MUSIC Mystery Box
Gala Music announces exciting NFT drops from artists like Nyku, YUNICE, and Emily Faye, along with the launch of a new $MUSIC Mystery Box.
Jane Handcock to Release NFT EP 'A Few Sappy Songs' on Gala Music
R&B Hip-hop artist Jane Handcock is set to release her new NFT EP 'A Few Sappy Songs' on Gala Music, featuring five exclusive tracks.
Gala Games Announces Carl Hero Card Sale for The Walking Dead: Empires
Gala Games introduces the Carl Hero Card sale for The Walking Dead: Empires. The sale begins on August 23, 2024, featuring tiered pricing and immediate in-game use.
Metaverse Land Prices Plunge 72% from Peak, CoinGecko Reports
CoinGecko reports that the average prices of metaverse lands have plummeted by 72% from their all-time highs, reflecting broader market trends.
Survey Reveals Only 19% Expect NFTs to Recover This Cycle
A CoinGecko survey indicates that only 19% of crypto participants expect NFTs to make a comeback this cycle. Gaming and metaverse items are considered the most bullish use cases.
Common Ground World Launches Weekly Competition with $GALA Prizes
Gala Games announces a new weekly competition in Common Ground World, offering $GALA prizes for top leaderboard finishers. Starts August 6th.
Gala Games Announces Weekly Competition in Common Ground World with $GALA Prizes
Gala Games has launched a new weekly competition in Common Ground World, offering $GALA prizes for top performers. Join the game and compete now!
Gala Games Announces Sale of Negan Hero Card for The Walking Dead: Empires
Gala Games has announced the sale of the Negan Hero Card for The Walking Dead: Empires, featuring tiered pricing and immediate in-game usability.
GalaSwap Introduces Enhanced Navigation and Direct Token Transfers
GalaSwap announces new updates, including improved navigation, direct token transfers, and NFT inventory viewing, to enhance user experience.
Gala Music Introduces $MUSIC Box with Exciting Prizes
Gala Music unveils the $MUSIC Box for $4.99, offering chances to win $MUSIC, $GALA, exclusive NFT tracks, and a $2k Jukebox Node.
Gala Games Introduces Superior’s Challenge Mode for Elite Hunters
Gala Games launches Superior's Challenge Mode, testing players' speed and skills against power-crazed superheroes. Weekly updates ensure constant competition.
Dune Unveils 'Mint Moment' to Transform Data Visualizations into NFTs
Dune introduces 'Mint Moment', a feature allowing users to mint data visualizations as NFTs, rewarding onchain creators and analysts.
Web3 Gaming Revolution: Insights from Immutable (IMX) Ambassadors
Discover the transformation of gaming through Web3 as Immutable (IMX) Ambassadors share their journeys and insights, highlighting the benefits of true asset ownership.
BNB Chain Celebrates 4-Year Anniversary with Ecosystem-Wide Campaigns and Rewards
BNB Chain marks its 4th anniversary with a series of campaigns, airdrops, and giveaways, offering over $200,000 in rewards and a special NFT.
Gala Games Integrates Google Pay and Apple Pay for NFT Transactions
Gala Games partners with Coinflow to integrate Google Pay and Apple Pay, enhancing payment options for seamless NFT transactions.
Gala Music Marks First Anniversary of Earl Sweatshirt and The Alchemist's 'Voir Dire'
Gala Music celebrates the first anniversary of 'Voir Dire' by Earl Sweatshirt and The Alchemist, an innovative NFT album that continues to captivate fans.
Artfi Leverages Sui Blockchain to Democratize Blue-chip Art Investments
Artfi uses Sui's dynamic NFT technology to fractionalize high-end artworks, making blue-chip art investments accessible to a wider audience.
SEC's Wells Notice to OpenSea Sparks Debate Over NFTs as Securities
The SEC's Wells Notice to OpenSea raises questions about whether NFTs should be classified as securities, potentially impacting the future of digital art and collectibles.
Nigerian Artist JIRE Debuts on Gala Music with 'Call God'
Nigerian Afrobeat artist JIRE makes his debut on Gala Music with the single 'Call God,' featuring a $MUSIC reward-enabled NFT.
SEC Targets OpenSea: Are NFTs Collectibles or Securities?
The SEC issues a Wells Notice to OpenSea, questioning the classification of certain NFTs as securities, potentially impacting the entire NFT market.
Magic Eden Dominates NFT Marketplaces with 37% Share in August 2024
Magic Eden continues to lead NFT marketplaces with a 37% market share in August 2024, maintaining its top position for six consecutive months.
Circle Introduces NFT Support on Solana and New Sample App for Programmable Wallets
Circle updates Programmable Wallets with Solana NFT support and a new sample app for user-controlled wallets, enhancing developer capabilities.
Mocaverse and Magic Eden to Launch MagicMoca NFT Platform, Adopts MOCA Coin
Mocaverse and Magic Eden announce MagicMoca NFT launchpad, adopting MOCA Coin for transactions, aimed at enhancing the NFT ecosystem.
Mocaverse and Square Enix Collaborate to Boost Web3 User Onboarding
Mocaverse partners with Square Enix's SYMBIOGENESIS to streamline Web3 user onboarding, leveraging Animoca Brands' extensive portfolio.
Exploring Innovative Tools in the Tezos (XTZ) Ecosystem: Part II
Discover five intriguing tools within the Tezos ecosystem designed to assist artists, collectors, and project creators. Learn about Mooncakes, TTC Calendar, and more.
Coinbase NFT Marketplace is Open to All
Coinbase NFT marketplace is still in beta version and its focus is on creating a social platform for community members of buyers and sellers who can test it and build a larger community.
Yuga Labs earns millions from new NFT collection
Yuga Labs has made millions on a new NFT collection it minted in the next step of its “Dookey Dash” web game.
Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs
The Abu Dhabi Global Market (ADGM) is building out a regulatory framework that may make trading platforms or exchanges that have licenses to operate within the free trade zone to trade NFTs.
NFTs will be Everywhere in the Future because of Proof of Ownership, Expert says
Caroline Alexander, a finance expert at the University of Sussex, believes that non-fungible tokens (NFTs) will be everywhere in the future because anything that requires proof of ownership will be an NFT.
Bitcoin NFTs to Hit $4.5B Market Cap
Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.
Reddit Might Gear up for NFT-Based Profile Pictures for Users
Following in the footsteps of Twitter, Reddit is eyeing to permit users to have NFT-based profile pictures through a feature that is being tested.
Metaverse will change the world in 2022
After Facebook has announced to change its name to "Meta" last summer, the whole world has focused on a term called "Metaverse". The word "Metaverse" has been searched in Google and Youtube every day. However, Meta is not a decentralized organization that is not a Decentralized Autonomous Organization (DAO), a Web.30 concept, and GameFi players may not like it.
Mastercard Unveils Interoperable CBDC in Australia
Mastercard, in association with the RBA and DFCRC, has demonstrated a groundbreaking interoperable CBDC solution to enhance Web3 commerce in Australia and beyond. The live demonstration showcased a pilot CBDC holder purchasing an NFT on Ethereum, utilizing Mastercard’s Multi Token Network, emphasizing the potential of blockchain interoperability in fostering secure and efficient digital commerce.
ESPN and Autograph Sign First Multi-year NFT Deal
Multinational multimedia sports entertainment brand ESPN Inc. and Tom Brady-founded Web3 brand Autograph signed their first multi-year NFT agreement on Wednesday.
Bitcoin Ordinals Create Stir Within Crypto Community
Luxor CEO Nick Hansen stated Bitcoin Ordinals might produce "synergies" between the mining pool and OridinalHub.
US Judge Rejects Motion to Dismiss Fraud Case Made by Former OpenSea Employee
A US Judge has dismissed former OpenSea's Nathaniel Chastain's request to dismiss his insider trading charges
10,000 Ukrainian Flags Minted as NFTs to be Sold on The Sandbox
In a recent move, up to 10,000 Ukrainian flags, modelled as Non-Fungible Tokens (NFTs), are up for sale on the Mauer website.
Animoca Brands Reports US$402 Million Bookings for 2022
Animoca Brands, a leading digital entertainment and blockchain technology company, reported strong financial performance in 2022, with bookings reaching A$594 million and a strong liquidity position, despite expanding its business portfolio.
TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse
It’s no secret that TRON has been eyeing a foray into NFTs and digital collectibles for some time; only last week, Justin Sun was pipped to the punch to purchase Beeple’s NFT art collection at Christie’s. The TRON founder placed a last-minute bid that fell just short of the $69 million the work eventually went for.
Only1 Launches First Web3.0 Social NFT Platform Built on Solana
Only1, a decentralized web3 social platform, is set to revolutionize how consumers use the social media landscape. Only1 pivots into a creator economy solution to eliminate intermediaries and allow creators to monetise their content easily.
GameFi Industry Expected to Reach $2.8B by 2028
A study shows the growth and adoption of the crypto GameFi business are expected to make the game-earning NFT gaming industry reach $2.8 billion by 2028.
Yuga Labs Legal Battle Escalates as Defendants Allegedly Thwart Court Orders
Yuga Labs' lawsuit sees non-compliance accusations against defendants, potentially impacting the NFT and cryptocurrency landscape.
Singapore to Charge Income Tax on NFT Trading, says FM Lawrence Wong
In Asia, Singapore extends tax charging on NFT transactions, local media reports.
Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan
A decreased return in Ethereum's NFT market share is attributed to congestion and high gas fees.
Starbucks Rolls out NFT-based Membership Program by Adopting Polygon
American chain coffeehouse Starbucks has unveiled its NFT and Web3.0 program dubbed Starbucks Odyessy by adopting Polygon technology.
Coinbase Report: New York Emerges as a Hub for Crypto Innovation and Adoption
Coinbase's report highlights New York's growing role in crypto, with 19% of residents owning crypto and a surge in blockchain initiatives. The state is seen as a hub for crypto innovation.
Yuga Labs Acquires IP Rights to CryptoPunks and Meebits
The startup behind the Bored Ape Yacht Club NFT collection, Yuga Labs has acquired the Intellectual Property rights to the CryptoPunks and Meebits collections from LarvaLabs.
Samsung Inks Deal with Nifty Gateway, Allowing Trading NFTs with Smart TVs
South Korean electronics giant Samsung has teamed up with Nifty Gateway to develop a new line of smart TVs that will enable trading NFTs.
Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
As residents in Hong Kong struggle to purchase physical property, The Sandbox's virtual assets could be a lucrative investment opportunity for many.
US. Multinational Toy Producer Mattel Introduces its NFT brand
Multinational toy maker, Mattel is set to launch its NFT collection in partnership with Cryptoys
Sortium Blockchain Studio Launches 1st 3D Living NFT "Kymera"
Web3 technology provider Sortium Blockchain Studio has launched the first 3D living NFT called "Kymera" based on-chain DNA.
NFT OASIS Receives $4.4M in Financing to Integrate DeFi and VR for NFT Creators
California-based NFT decentralized platform NFT Oasis announced that it has received the first round of funding from $4.4M, aiming to combine VR and DeFi to art creators with more creative freedom, commercial control, and financial success.
NFT Marketplace Rarible Introduces No-Fee Minting Feature
NFT marketplace Rarible has introduced a new feature, the “lazy minting” feature, billed to lower entry barriers for all creators utilizing its platform.
Chainlink Unveils Constellation: A Grand Hackathon Event
Chainlink announces its largest hackathon, Constellation, from November 8 to December 10, 2023, with a $350,000 prize pool across seven core tracks. This event follows the trajectory of growth from Chainlink's inaugural hackathon in 2020. The hackathon is open to Web3 engineers of all experience levels and covers a broad spectrum of blockchain applications. It not only serves as a competition but a learning platform offering extensive educational resources and technical support to participants.
Luxury Shoe Brand Jimmy Choo Floats First NFT Collection on Binance
Global luxury fashion brand Jimmy Choo has launched its first-ever Non-Fungible Token collection on the Binance NFT marketplace.
Animoca Brands' Japanese Unit Raises $45m
Animoca Brands' Japanese unit raised $45 million in financing at a $500 million pre-money valuation.
Hong Kong-based Startup Animoca Brands Increases Shares in Kikitrade to Deepen Partnership
Following Kikitrade's plan to widen its participation in the blockchain gaming and non-fungible token market, Hong Kong-based startup firm Animoca Brands has increased its shareholding to become the second-largest shareholder.
Cryptex Finance to Launch NFT Index Token JPEGz in Q4
Cryptex Finance is set to launch a new JPEGz token powered by Chainlink and Coinbase Cloud.
Sushi Launches on Filecoin, Expanding Decentralized Exchange Services
Sushi, a prominent decentralized exchange, is now integrated on Filecoin, enhancing its cross-chain capabilities and launching a special NFT to commemorate the collaboration.
NFT Exploits Need A Countermeasure And Unique Certification May Be The Answer
NFT Exploits Need A Countermeasure And Unique Certification May Be The Answer
“Warriors of Future” Set to Debut as Asia’s First NFT Blockbuster Movie
Warriors of Future, a multi-million-dollar Hong Kong sci-fi action movie by One Cool Group, seeks to be the first Asian blockbuster film to feature a non-fungible token (NFT) collection.
Donald Trump's NFT Trading Card Collection
On Dec. 15, 45,000 self-themed trading cards were released for $99 apiece. The collection has generated approximately $1.2 million in secondary sales. Sewer Pass NFT transactions on secondary markets are strong. #NoNeoNFT emerged when the company's Solana network NFT collection failed. NUS claims the HaptGlove simulates touch and grip more realistically than conventional gloves.
Over $37Bn worth of Crypto Sent to NFT-related Smart Contracts in First 4 Months: Chainalysis
The volume of Non-Fungible Tokens (NFTs) transactions turned to stabilise in 2022 after explosive growth in 2021, according to the latest report from Chainalysis.
First Jury Hearing in OpenSea Insider Trading Case
Former OpenSea product manager Nathaniel Chastain faces charges of wire fraud and money laundering for allegedly using insider knowledge to buy and sell NFTs for a profit. The case may have a significant impact on the legal classification of NFTs, with concerns that they could be labeled as securities.
Former OpenSea Staff Asks Court to Withdraw Insider Trading Charges
Following the indictment of Nathaniel Chastain, a former Head of Product at the NFT marketplace OpenSea, a new petition has now been filed by his lawyers, requesting the court to dismiss the case as it lacks merit.
OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount
OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had bought cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.
NFT Marketplace Blur Raises $11m in Seed Fund
NFT marketplace Blur stated that it has raised $11 million in new seed funding led by venture capital firm Paradigm.
Tim Berners-Lee To Auction the Source Code for the World Wide Web as NFT
The source code of the world wide web will be tokenized and sold as an NFT.
Local Hong Kong Firms Raise Funds for NGOs Through NFTs
Three local Hong Kong companies are raising funds for NGOs through NFTs to support green initiatives and sustainability.
Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M
Football start-up NFT platform Sorare reportedly will raise 450 million euros in the financing, led by SoftBank.
What is Bitcoin Ordinals?
Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.
eBay Officially Launches NFT Sales on Its Platform
eBay has moved to get a piece of the pie in the NFT market share.
eBay Considers to Accept Crypto Payments for Entice Millennials
E-commerce marketplace eBay is likely on its way to accepting digital currency payments on its platform, attracting young generations.
Brazilian SEC Seeks Adjustment to Crypto Regulation
The Brazilian Securities and Exchange Commission (SEC) is pushing for adjustments to the legal framework of the crypto market in the country.
Japan Blockchain Association Proposes Cryptocurrency Tax Reforms to Government
The Japan Blockchain Association (JBA), led by Representative Director Yuji Kano of bitFlyer, submitted a proposal for cryptocurrency tax reforms to the government on July 28, 2023.
Web3.0 Wallet Tracking App Context Raises $19.5m in Seed Funding
Web 3.0 application Context has secured a $19.5 million seed round led by Variant Fund and OpenAI CEO Sam Altman.
NFT Market Sees Upward Trend with Steady Increase in Weekly Ethereum Volumes
The NFT market has seen a significant recovery, with weekly Ethereum volumes increasing from 29,704 ETH to 68,342 ETH, with marketplaces like Blur and BAYC experiencing high trade activity.
OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization
Following an apparent phishing attack, OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) owned by New York-based art curator and NFT collector Todd Kramer.
VanEck to Launch Community NFT Collection
VanEck, one of the few American asset managers that have a Bitcoin futures Exchange-Traded-Fund (ETF) product, has announced the launch of its Community NFT Collection.
Proposal for ApeCoin to Move Away from Ethereum Favoured by APE Whales
A campaign of "ETHxit" is ongoing. ApeCoin DAO holders are voting to decide if they should move ApeCoin away from Ethereum to its blockchain or remain on the ETH chain. Currently, the majority goes to "leave".
Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT
Toronto-based publicly-traded Blockchain technology company Tokens.com Corp has launched Hulk Labs, a platform focusing on Crypto gamefi and NFT investment.
Morningstar Ventures Invests $5M to Open 37xDubai, a Novel NFT Art Gallery in Central Dubai
Morningstar Ventures, an investment firm specializing in digital assets and blockchain technology, is opening its first interactive digital art gallery in the heart of Dubai. Located in the Burj Daman Tower (DIFC area), ‘37xDubai’ is positioned amidst Dubai’s business and lifestyle center.
NFT Platform LÜM Cooperates with 25 World-renowned Musicians to Launch the "Access Pass" NFT
U.S.-based music blockchain NFT platform LÜM has announced a partnership with 25 world-renowned musicians to launch the “Access Pass” NFT.
NFTs to be Instrumental for Fashion Industry in the Metaverse, GlobalData Analyst Says
With NFTs continuously taking the world by storm, these digital assets are perfect for fashion in the metaverse, according to Amrit Dhami, a thematic analyst at GlobalData.
Metaverse Gaming Features Already Exist in Web2, Says Microsoft Gaming Boss
Phil Spencer, the CEO of Microsoft Gaming, highlighted that gamers nowadays do not really understand the thrill of the metaverse “because the technologies proponents claim as novel are ones they have experienced in games for years.”
GameStop Shares Surges 26% after Announcing Entry into NFT, Crypto Markets
GameStop said the company is entering the NFT market. Its shares on the Nasdaq exchange, GME, rose 26% in after-hours trading after the announcement.
Global NFT Market Expected to Hit $97.6B by 2028, Recording a CAGR of 31.6%
Since non-fungible tokens (NFTs) help build authentic intellectual property, this is one of the key drivers expected to push the sector to a $97.6 billion valuation by 2028, according to a report by Research and Markets.
UK Parliament Committee Set Out Inquiry Into Risks and Benefits of NFTs
A group in the UK's House of Commons are now planning to launch an inquiry into the operation, risks, and benefits of NFTs and the blockchain at large, as well as to see how the industry could impart the UK economy.
Magic Eden Pioneers Cross-Chain NFT Experience with Expanded Wallet and Rewards
Magic Eden's latest initiatives, including an enhanced rewards program, a cross-chain wallet, and open-source protocols, aim to universalize digital ownership and transform the NFT ecosystem.
Animoca Brands subsidiary Forj Unveils $APE Accelerator to Boost ApeCoin Ecosystem
Forj, under Animoca Brands, has inaugurated the $APE Accelerator to bolster the ApeCoin ecosystem. The accelerator is now open for applications, inviting innovative Web3 projects to leverage the platform and connect with a substantial ApeCoin community. The initiative underscores a community-driven approach to enhance the utility and value of ApeCoin.
Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12
Palm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12.
NFT Firm Yuga Labs Faces Criticism Over Bitcoin Auction Plan
Yuga Labs has come under fire from the cryptocurrency community for its plan to auction its new Bitcoin NFT collection. The company's plan requires participants to send their entire bid amount in Bitcoin to a unique BTC address controlled by Yuga, and winners would pay up the BTC they bid while Yuga said it would return BTC to those unsuccessful in placing a top bid. The manual refund process for unsuccessful bids and the potential for significant price discrepancies in the top 288 bids have led to criticism from some within the crypto community.
Romania's ICI Bucharest Launches NFT Trading Platform for Web3 Adoption
ICI Bucharest has announced the launch of its in-house NFT trading platform, ICI D|Services, on April 26. The platform aims to facilitate the adoption of Web3 in Romania and connect private and public sector institutions and users. ICI Bucharest has been exploring blockchain and nonfungible tokens as the space gains traction globally.
Keiji Inafune and Seiichi Ishii with Minnapad for New Web3 Projects
Famed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform
Is Tezos' NFT Reawakening Enough to Sustain its Current Price Uptrend?
Tezos (XTZ) printed a new ATH over the weekend, rising on the back of its ongoing NFT rejuvenation.
Twitter Launches Verification Mechanism for NFT Avatars; Bybit Demonstrates Ambition on NFT Marketplace
Twitter said it is rolling out an official verification mechanism for NFT avatars, allowing users to set the NFTs as their profile picture.
PANGU Announces 'PANGU ECOLAND' NFT drop from June 14
Hong Kong-based and the Metaverse-driven startup agency PANGU by Kenal (PANGU) announced that it will be launching the 'PANGU ECOLAND' NFT drop from June 14 at 11pm local time.
FATF Updates its Guidance to Service Providers to Include DeFi
The Financial Action Task Force (FATF) has updated its guidance governing Virtual Assets and Virtual Asset Service Providers (VASPs) with the inclusion of decentralized finance (DeFi).
Ukraine Receives Military Supplies via Crypto Donation
Ukrainian deputy minister Bornyakov said that as much as $15 million in military supplies had been received recently. The funding was thanks to crypto donations from various crypto organizations.
NBA Partners with Sorare for NFT-Based Basketball Fantasy Game
To enhance the fan experience and render more interaction, the National Basketball Association (NBA) has partnered with the web3 fantasy game platform Sorare.
WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use
China’s WeChat, the Tencent-backed social messaging platform, has indirectly announced its plans to crack down on accounts on the platform that are linked to digital currencies and NFTs.
Google Play Embraces NFT Games
Google Play Store has announced that it will now allow video game publishers to sell nonfungible token (NFT) games on its platform. The announcement was made on July 12, 2023, by Joseph Mills, the store’s group product manager, marking a significant step towards the integration of blockchain technology in mainstream gaming.
OpenSea Confirms Under Phishing Attack, after Urging Users to Migrate NFTs New Addresses
Some of the users from OpenSea have been targeted explicitly through a phishing attack, resulting in NFTs lost from the NFT marketplace.
SoftBank's Tech Division Z Holdings Eyes NFT Marketplace
Z Holdings, the internet arm of Japanese multinational conglomerate SoftBank Group, is reportedly planning to launch a NFT marketplace before the end of the year.
Donald Trump's NFT Success Unveils Former President's Crypto Ventures
Former U.S. President Donald Trump has made significant strides in the NFT market, as revealed in a recent financial disclosure form submitted to the Office of Government Ethics.
Trump NFT Floor Price Surges on Indictment News
The official licensed Trump Digital Trading Cards NFT project's floor price rose to 0.6 ETH ($1090) after a New York Grand Jury voted to indict former President Donald Trump. The price has since fallen back to around 0.51 ETH, still higher than its initial mint price of $99. Q1 2023 saw $4.7 billion worth of NFT trading volume, more than double that of the previous quarter, with Ethereum accounting for $4.1 billion worth of the volume.
Twitter Enables Bitcoin Tipping on Its Platform, Plans to Support Users to Unlock NFTs Services
Twitter has moved to let its users tip content creators using Bitcoin to help users earn money for the platform. The social media giant is also expanding its reach to support users to authenticate and showcase their NFT digital assets.
NFT project was actually a "social experiment" designed to shed light
Little Shapes' creator said he lied about his past to promote his exposé.
OKEx Launches DeFi Hub with Integrated NFT Marketplace
OKEx has launched a DeFi Hub with an integrated NFT Marketplace.
NFT Market Declines in 2023, Yet Bitcoin and Solana NFTs Present Significant Opportunities
In 2023, the NFT market experienced a decline, but Bitcoin and Solana NFTs showed significant growth opportunities.
Binance Thinks Cristiano Ronaldo is the Greatest of All Time
In an exciting collaboration, Binance and Cristiano Ronaldo have announced the upcoming release of their second NFT (non-fungible token) collection, titled ForeverCR7: The GOAT.
WEF Launches Coalition to Deal with Climate Change through Web3.0
The World Economic Forum (WEF) has established a Crypto Sustainability Coalition to investigate the capability of Web3 in tackling climate change.
Fidelity Envisions Metaverse NFT Marketplace And Financial Services
Fidelity Investments has applied for US trademarks for a nonfungible token (NFT) marketplace, metaverse financial investing, and crypto trading services. Fidelity might provide mutual funds, retirement funds, investment management, and financial planning in virtual environments. The company may develop a digital media marketplace online, but specifics are few.
Binance tightens NFT rules, announces delistings and KYC
Binance has tightened NFT listings. Binance will delist NFTs having an average daily trading volume below $1,000 listed before Oct. 2, 2022. After that, NFT artists may only manufacture five digital collectibles every day.
CryptoPunk, Meebits Owners can now Create Commercial Projects With Their NFTs
The announcement comes following Yuga Labs' release of its long-awaited IP licensing deal for CryptoPunk and Meetbits NFT holders.
OpenSea Sets New Record for Monthly Ether Trading Volumes at $3.5B
PopularNFT marketplace, OpenSea, has printed a new All-Time High (ATH) in Ethereum trading volume for January as collectors showcase their willingness to break new records in this new year.
Real Vision CEO believes NFT will act similar to high-end property
The Real Vision CEO predicted that when the crypto market swells again, high-end NFTs would be bought like high-end property.
Meta Instagram Embraces NFT, Expanding Footprints to 100 Countries
Months after it integrated NFTs into Instagram for American users, Meta Platforms announced the allowance's expansion to as many as 100 other countries.
OpenSea Desperate to Hire New Engineers to Relieve its Overwhelmed Staff
OpenSea is on the hunt for new staff members as NFT mania continues to grow
FlamingoDAO NFT Portfolio Valuation Touches $1B
FlamingoDAO's NFT portfolio is now worth an estimated $1 billion, DAO's members and reports from Forbes confirmed.
Cryptocurrency Soars in Q1 2023
CoinGecko's Q1 2023 Crypto Industry Report shows Bitcoin as the best-performing asset, with a gain of 72.4%. DeFi and NFTs have also surged, while stablecoins saw a drop in market cap due to Binance USD shutdown and USDC depeg. The overall market capitalization reached $1.2 trillion at the end of Q1.
Magic Eden and Pudgy Penguins Forge Strategic NFT Marketplace Alliance
Magic Eden and Pudgy Penguins have partnered to improve the NFT ecosystem, leveraging Pudgy Penguins' marketplace optimization expertise and exploring innovative virtual world and game integrations.
Freeport Launches Crowd-Ownership Platform for Warhol Prints
Freeport has received SEC approval to launch its crowd-ownership blockchain platform for a four-piece collection of Warhol prints, with each piece consisting of 10,000 shares and a minimum purchase of 10 shares per individual.
Yuga Labs to Raise $50m by Launching New NFT Collection "Mecha Apes"
Yuga Labs, the startup that developed the Bored Ape Yacht Club (BAYC) series of NFTs, plans to launch a new NFT series, “Mecha Apes”, by the end of this year.
NYSE Files Trademark Application to Trade NFTs
The New York Stock Exchange (NYSE) said it filed a trade NFT trademark application with the United States Patent and Trademark Office (USPTO) on February 10, aiming to enter the world of the Metaverse.
Universal Music Label Acquires Ape NFT to Build Virtual Music Group
Universal Music Group has bought one of the popular NFT to build a virtual music group, according to Reuters.
Bitget U30 Hackathon Recognizes Budding AI and Blockchain Innovators
Bitget’s Under 30 Virtual Hackathon, a part of its Blockchain4Youth initiative, concluded on October 16, 2023, showcasing exemplary AI and blockchain innovations. With over 1,000 participating teams, winners were recognized across various categories, each receiving $10,000. The hackathon highlighted promising young talents, aligning with Bitget's aim of promoting blockchain and cryptocurrency adoption among the youth.
Azuki NFTs Sells the 8th Most Expensive Skateboard
History is being made by Azuki is making history, the Web3.0 brand renowned for its NFT innovations as it sold out the 8th most expensive skateboard in the world.
Wahed Projects announces Strategic Partnership with EnterMed
WAHED is delighted to announce the signing of an official partnership with technology provider EnterMed. With over 20 years of experience in Dubai and Italy, EnterMed’s team of experts specializes in value-added integrated services and real-time applications.
NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says
William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future. The delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto.
Easy Company Raises $14.2M For Social Crypto Wallet
Easy's "social" crypto wallet garnered $14.2 million in a seed round to bring mainstream audiences into the Web3 ecosystem. After a 30-day private test, the wallet now accessible on iOS and Android. Users may swipe to see own NFTs or those of others they "watch" on the network, which resembles Instagram.
The Saudis NFT Sold out within Hours
Free to mint non-fungible token (NFT) collection The Saudis went live on July 9 and sold out within hours.
OpenSea Adopts Scarcity Tracking Tool OpenRarity
Following the adoption, OpenRarity will help OpenSea to remove opacity as to how rare certain features in an NFT are. It will also further eliminate the use of third-party NFT scarcity tracking tools.
Asia's First NFT-backed ‘Crypto Keepers’ Drama Series Officially Launches
AMM Global announced a pairing partnership with Phoenix Waters Productions to launch Asia’s first NFT drama named ‘Crypto Keepers’.
Mozilla Foundation Backtracks on Accepting Cryptos after Backlash
Mozilla has reversed its stance on accepting cryptocurrencies after facing backlash over concerns about the impact cryptocurrency mining has on the environment.
Mark Cuban-Backed NFT Platform Nifty's Shuts Down After Failed Investment Opportunities
Nifty's, a notable platform focused on Web3 creators, announced the cessation of operations earlier today, marking a significant shift in the digital ownership landscape.
BNB Chain Partners with University of Zurich to Boost Blockchain Education
Binance-backed smart contract platform BNB Chain has announced a new partnership with the Blockchain Center of the University of Zurich for blockchain education.
OpenSea Signals Integration of Solana NFTs by April
Solana NFTs will be available for buying and selling on OpenSea's website by April, the company signalled via a video on Twitter.
Magic Eden (MAGIC) Launches Retroactive NFT Rewards for Ethereum Users
Magic Eden introduces a cross-chain rewards program, offering Diamonds to Ethereum users for past activities.
Pope Francis’s Pontifex Carpet Gift Sold as NFT for Charity Purpose in Afghanistan
A Pontifex carpet gifted to Pope Francis by Sheikh Mohamad Bin Zayed Al Nahyan during his visit to the Vatican in Sept 2016 was sold as an NFT for 25 Ether, approximately $81,886.
NFT Platform Mintable Raises $13 million in Series A Financing and will Integrate with XRP Ledger
NFT platform Mintable has received $13 million in Series A financing and will be integrated with Ripple's XRP Ledger blockchain.
Mark Cuban Discusses Dogecoin with Ellen DeGeneres as DOGE Adoption Surges
Mark Cuban has given Ellen Degeneres a brief rundown on Dogecoin and NFTs.
UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs
To celebrate efforts of saving children's lives and defending their rights for seventy-five years, UNICEF intends to sell 1,000 data-driven NFTs.
Pixlr to Launch NFT-based Art Gallery With a Collection of Unique AI-generated Art Pieces
Pixlr is launching Pixlr Genesis, a decentralized NFT-based art gallery on December 1, 2021, with a collection of 10,000 unique, AI-generated art pieces.
French Fashion Brand Lacoste Enters Web3 With NFT Collection
French fashion brand, Lacoste has made a dive into the Non-Fungible Token (NFT) ecosystem as it has launched its own collection dubbed Underwater (UNDW3).
FIFA Club World Cup 2023 Partners with Modex for Exclusive NFT Collection Launch
FIFA Club World Cup 2023™ combines football and digital tech with FIFA+ Collect's exclusive NFT series, partnering with Modex to enhance fan engagement and memorabilia experience.
NFT platform Pinata Announces Completion of $21.5m Series A Funding
Nebraska-based NFT platform Pinata announced the closing of a $21.5 million funding round.
Coinbase's NFT Platform to Allow Purchase With Credit & Debit Cards
Following its new partnership with Mastercard, Coinbase Global Inc will start allowing users to buy NFTs with credit cards and debit cards.
Solana Launches $100m Web3.0 Fund for South Korean Startups
Layer-1 blockchain protocol Solana has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem through its subsidiaries Solana Ventures and Solana Foundation.
Sorare Inks Partnership With MLB to Float Fantasy Baseball Game with NFT
Sorare has partnered with Major League Baseball to create a fantasy baseball game featuring Non-Fungible Tokens (NFT).
Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies
Animoca Brands and Blowfish Studios announced the closure of Planet Private Sale. The Planet Private Sale for Phantom Galaxies sold 7,734 Planets and Asteroids (“Planets”), a kind of NFTs, for a total of US$19.3 million.
Binance Launches New Feature for Users to Buy NFT Collections
Binance NFT has announced the introduction of the Subscription Mechanism, a new feature that will help users to buy Non-Fungible Tokens projects easily and in a fair manner.
Zetrix Announces Launch of NFT-based Insurance Product Covinsure
Public blockchain network Zetrix announced the launch of Covinsure, an NFT-based insurance product.
Top Tennis Player Andy Murray's Wimbledon NFT Sold for $177,777 at Auction
Scottish professional tennis player Andrew Barron Murray's 2013 Wimbledon championship moment NFT has been sold for $177,777 at the WEENEW auction on Monday.
Magic Eden Embraces Compressed Solana NFTs
Magic Eden has introduced cNFTs, a cost-effective form of NFTs exclusive to the Solana blockchain. These compressed NFTs allow creators to produce content on a larger scale without the high cost of traditional NFTs. Despite criticism, Magic Eden clarified that they didn't create cNFTs, but integrated support for them. Developers need to understand Merkle trees and use specialized tools for minted NFTs.
Reddit Avatars on Polygon Blockchain
Reddit has launched the third generation of its blockchain-based digital collectibles, Reddit Avatars, on the Polygon blockchain. The release has generated excitement and predictions of quick sellouts, but some users have criticized the payment process.
NFT Boom: OpenSea is Recording More Daily Volume than its Total 2020 Volume
Popular NFT Marketplace, OpenSea now processes 650x the daily transaction volumes it did for the whole of 2020.
Hong Kong's Regal Hotels Announces Entry into Metaverse with Project MetaGreen
Hong Kong's Regal Hotels Group has announced its entrance into the metaverse with project MetaGreen, scheduled for completion by October 2022.
Africa Blockchain University Partners with YIELD App to Enhance NFT Education
African artists are set to be enriched about the value they can get from the booming non-fungible tokens sector.
Slovenia Makes History as the First Country to Launch an NFT Product
Slovenia is on track to become the first country in the world to launch its first Non-Fungible Token (NFT) series.
Orange Financial To Launch Innovative Yield Farming Treasury - Stablecoin Rewards for NFT Holders
Orange Financial, a multi-chain yield farming treasury, is excited to announce its public mint date on February 1st, 2023. As the only NFT project to offer stablecoin rewards through yield farming to its holders, Orange Financial will revolutionize the world of yield farming and NFTs.
Crypto Media Decrypt Secures $10m for Further Editorial Growth
Crypto news company Decrypt announced that it has raised $10 million after departing from its parent company ConsenSys Mesh at a post-money valuation of $50 million.
OKX to Open Office in Australia
Brand Ambassadors Daniel Ricciardo, Scotty James, and McLaren F1 driver Oscar Piastri join event at Melbourne Arts Centre to celebrate ahead of Australian Grand Prix
Bitcoin's Average Block Size Hits All-Time Highs
The average Bitcoin block size has reached record highs after Bitcoin NFT Ordinals protocol launched.
Algorand Initiates Voting for Expanded Governance and NFT Rewards Programs
The Algorand Foundation is voting on governance measures, including auto-renewal mechanisms and increased NFT rewards, amid a plummeting native token, $ALGO.
NFT Trading Platform Giant MakersPlace Completes $30M in Series A Financing
Non-Fungible Token (NFT) trading platform MakersPlace announced the completion of a $30 million Series A financing jointly led by Bessemer Venture Partners and Pantera Captial.
OpenSea Creates Tool for NFT Creators to Enforce Royalties On-Chain
NFT marketplace OpenSea has revealed its plan to create a tool to help creators on its platform enforce creator fee payments.
MetaBunny - An NFT Collection you don’t want to miss! Coming to you on 23rd MARCH 2022
Since 2021, NFT has been one of the hottest topics, it is said that the year 2021 is the Birth Year of NFT. According to “The Collins Word of the Year 2021”, the use of the word “NFT” has seen a 1,100,00% increase. In the birth year of NFT, its estimated sales also increased over 2,000% between Q4 2020 to Q1 2021, from 93 Million USD to an astounding 2 Billion USD.
Puma Launches Metaverse Space Black Station for Displaying NFTs
Puma has entered the metaverse by launching an interactive space titled Black Station to showcase limited edition NFTs based on its sneakers.
South Korean University to Present NFT Certificates for Graduates
Sungkyunkwan University (SKKU), a top private university in Suwon, South Korea, seeks to present NFT certificates to three excellent graduates at the graduation ceremony.
Magic Eden Launches Ethereum Marketplace in Alliance with Yuga Labs
Magic Eden debuts its Ethereum marketplace, collaborating with Yuga Labs to uphold creator royalties in the evolving NFT landscape.
Spotify Says Testing New Feature to Allow Artists Promote NFTs
Music streaming platform Spotify is planning to add support for NFTs in the future.
PwC Global Crypto Leader Henri Arslanian on the Future of the Crypto Ecosystem
Henri Arslanian, the PwC Global Crypto Leader, Chairman of the FinTech Association of Hong Kong, is the highest-profile FinTech consultant in Hong Kong according to Chambers Global. Blockchain.News interviewed Arslanian at the Asian Financial Forum held in Hong Kong earlier this month, where he was invited to speak on the development of FinTech. The Asian Financial Forum brought over 3,500 speakers and influential financial experts, policymakers, and business leaders.
OpenSea Seeks to Introduce New Security Provision
OpenSea is stepping up its game to protect its users as hundreds of non-fungible token (NFT) owners are constantly targeted by scammers.
Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR
A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion.
Taiwan is Most Interested in NFTs, Says NFT Club Research
Taiwan is the country where people are the most interested in NFTs, according to research conducted by NFT Club.
Fox Corp Leads a $100M Strategic Investment in Blockchain Digital Content Management Company Eluvio
U.S. media giant Fox Corp announced a $100 million strategic investment in Eluvio, a blockchain digital content management company to expand the Non-fungible token (NFT) business.
Cristiano Ronaldo to Bring his Fans into Web3.0 through Binance Partnership
Binance exchange has signed Cristiano Ronaldo, a Portuguese footballing legend who now plays for Manchester United FC in an exclusive multi-year deal.
Fundraising by Crypto Companies Accounts for $8.2B in Q3
A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.
27% Female Professionals Participate in Web3-related Projects, KuCoin Study Shows
A study shows only 27% of female working professionals have participated in web3-related projects, which is still lower than their male counterparts.
Spanish LaLiga League Joins Hands With Sorare to Launch NFTs for all Players
Spanish LaLiga league has teamed up with Ethereum-based fantasy soccer game platform Sorare to establish non-fungible tokens (NFTs) for all its players.
NFT Collectors Buy for Status and Uniqueness
A recent survey by Metajuice found that 74% of NFT collectors buy for status and uniqueness, while 13% plan to resell. Real Vision CEO Raoul Pal believes NFTs are becoming status symbols like luxury cars and houses.
FTX Cryptocurrency Exchange Launches a Marketplace for Selling and Buying NFTs
FTX has launched a marketplace for non-fungible tokens. The development paves the way for users globally to seamlessly create, sell, and buy NFTs on the exchange.
LG Electronics Expands Business in terms of Blockchain Technology & Crypto
As part of its expansion plan beyond home appliances, South Korean tech giant LG Electronics intends to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter.
Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works
Sotheby’s auction house will be accepting Ethereum cryptocurrency during live bidding for its upcoming virtual exhibition where two of Banksy's artworks will be up for sale.
Neopets Announces Neopets Metaverse Version Release
Neopets Metaverse announced to launch of a Metaverse product to enhance generational memories and experiences for Neopians and its users.
Warner Music Group Artists to Own NFT Page on OpenSea
NFT marketplaces OpenSea has partnered with US-based music and entertainment giant Warner Music Group to help attract more music fans through NFT projects.
NFL to Give Free NFTs to Celebrate Super Bowl LVI
The American NFL is set to gift virtual commemorative tickets in the form of NFTs.
S. Korean Artist Management Firm Hybe Eyes Expansion into NFTs
Hybe, one of S. Korea's top K-pop management agencies, is planning to expand its marketplace for NFTs by collaborating with celebrities not managed by the firm.
Degen Zoo NFT Game Draws Huge Interest After Logan Paul's Crypto Zoo Scandal
Degen Zoo, an NFT game inspired by Logan Paul's controversial Crypto Zoo concept, has attracted massive interest, with over 115,000 wallets registering to join the game, pledging over $700 million. The game aims to raise awareness of the impact of capitalism on animal extinction and features a deflationary token and an NFT collection of 120 endangered species. However, the project's success follows Paul's Crypto Zoo scandal, which was criticized as a scam, leading to a class-action lawsuit accusing Paul and Crypto Zoo executives of stealing millions of dollars worth of cryptocurrency from purchasers through a fraudulent scheme.
GameStop Launches Public Beta Version of NFT Marketplace
Video game retailer GameStop Corp announced the launch of a public beta version of NFT marketplace to provide players with faster, cheaper, and more secure access to digital property rights.
Luxury Luggage Brand Hermes Files for Crypto, NFT and Metaverse Trademarks
In December last year, luxury giant Hermes sued NFT project MetaBirkins for allegedly using its brand to sell digital collectables, joining other luxury fashion companies trying to gain a foothold in the virtual online world.
British Army Recovers Twitter & YouTube Accounts following Crypto Scam Hack
The British Army recovered from crypto scams after hackers breached its YouTube and Twitter accounts on July 3.
DJ 3LAU Establishes NFT Music Investment Platform Royal by Obtaining $16M in Seed Funding
American musician Justin Blau, also known as 3LAU, established the blockchain music investment company Royal, supported by a $16 million seed round.
Web3-centric NFT Platform Pixel Vault Obtains $100M Investment
Pixel Vault, a web3-centric NFT platform, today announced a $100 million investment from venture capital firms Velvet Sea Ventures and 01A.
HK-based Animoca Brands Partners with S. Korea's Cube Entertainment for K-pop Metaverse & NFTs
Animoca Brands is partnering with Cube Entertainment to build a metaverse and non-fungible tokens as K-pop has been taking the world by storm.
Coinbase Partners with Chainlink Labs to Launch NFT Floor Price Service
Blockchain infrastructure protocol Coinbase Cloud and decentralized oracle network Chainlink Labs work together by launching an NFT floor price feed service.
Yuga Labs Files Lawsuit Against Artist Producing BAYC Copycat Collection
Yuga Labs, the blockchain startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection has filed a lawsuit against digital artist Ryder Ripps and several associates for producing a copycat version of Bored Apes
Alibaba Launches NFT Marketplace for Copyright Trading
Alibaba has launched a new marketplace for trading copyright licenses.
Reddit Launches New NFT Avatar Marketplace
Reddit has partnered with Polygon blockchain to enable the launch of the new NTF marketplace. The popular social media platform is capitalizing on NFTs to propel its growth.
Axie Infinity Sells a Genesis Virtual Land Slot for 550 ETH
The most expensive virtual real estate in the Non-Fungible Token metaverse worth 550 ETH has just been sold by Axie Infinity.
MetaBunny NFT gaining traction in Thailand
Capturing all the hype from Thailand, a number of popular Thai influencers have shared their keen interests in the MetaBunny NFT project.
Rarible's NFT Aggregator Allows Free Price Comparisons across Marketplaces
The NFT aggregator of Rarible will allow visitors in the marketplace to browse listings across several marketplaces and compare prices.
Nestle Rolls Out First NFTs in the Middle East & North Africa for a Humanitarian Cause
Nestle, a Swiss multinational food and drink processing conglomerate, has launched an exclusive limited series of two non-fungible tokens (NFTs) called TRIX Globe for a charitable cause in the Middle East & North Africa (MENA).
NFT Monthly Trading Volume Records $4B on OpenSea
Despite being the new kid on the crypto block, non-fungible tokens (NFTs) are stamping their authority as trendy digital assets based on increased adoption.
Twitter & Instagram Reportedly To Launch NFT Collectibles
Twitter and Instagram reportedly develop non-fungible tokens (NFT) feature on its app, a mobile developer reveals.
Alfa Romeo Unveils Tonale SUV with NFT Tracking Capabilities
Italian automobile brand Alfa Romeo is launching a new Sports Utility Vehicle in 2023, the Tonale, and it will incorporate NFTs and blockchain technology in its data capturing procedures.
Vogue Singapore Ventures into the NFT Metaverse in September Issue
Vogue Singapore has now ventured into the NFT Metaverse with the introduction of two new NFT art covers.
Zetrix-based NFTs Minting Launches on the NFT Pangolin
Zetrix-based NFT Minting joins the global marketplace NFT Pangolin recently.
OpenSea to Lay off 20% of Employees
OpenSea, one of the largest marketplaces for NFTs, suggested that about 57 people will be laid off as it said it now has 230 employees.
Heterosis Launches Dynamic NFT Flower Collection
Snark.art and OG.Art's Heterosis project has launched a collection of dynamic NFT flowers that can be bred and customized by users. The project creates two virtual flower markets and is housed in a metaverse greenhouse that can be accessed via various devices.
$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
American cryptocurrency exchange Gemini raised $400 million through growth equity financing, led by Morgan Creek Digital. Now it is valued at US$7.1 billion.
Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations
In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.
Ape-Themed NFT CyberKongz Leads Top Protocols in Ethereum Burning Rate
CyberKongZ NFT project is stirring the highest burning rate in the Ethereum network, ahead of major platforms like OpenSea and Axie Infinity.
X Marketplace Launches Integrated NFT IP Marketplace
X Marketplace will allow users to list NFT IP, and license projects to IP for zero fees.
Mastercard Launches NFT-Gated Artist Accelerator Program
Mastercard announced a new artist accelerator program, which is NFT-gated and only accessible to holders of its Mastercard Music Pass NFT. The program is a collaboration with Polygon and offers free access to educational materials, unique AI tools, and other experiences.
Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
Crypto.com announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.
Ukrainian President Signs Law to Establish Regulatory Framework for Crypto
Amidst the ongoing war on its shores, Ukraine President Volodymyr Zelenskyy has signed into law the bill that will legalize digital currencies in the country.
OpenSea Delists CryptoPunks V1, Following Takedown Notice From Developers
OpenSea has once again delisted the CryptoPunks V1 collection due to a Digital Millennium Copyright Act takedown notice issued by developers Larva Labs.
GameStop's NFT Marketplace is Out in Beta
GameStop's NFT marketplace is out in beta and integrated with the Ethereum Layer 2 zkRollup protocol, Loopring (LRC).
The launch of a nonfungible token protocol on the Bitcoin mainnet
On Jan. 21, Bitcoin introduced "Ordinals," an NFT-like programme. However, meme-inspired JPEGs are filling Bitcoin blockspace.
NFT Trading Platform Magic Eden Raises $130m at $1.6B Valuation
NFT marketplace Magic Eden has raised a new $130 million in a Series B funding round, increasing its valuation to $1.6 billion.
Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High
The latest surge in the crypto market has made Ethereum’s perpetual swaps open interest to hit a record-high.
7-Eleven Jumps into NFT Space
Joining the ranks of Adidas, Coca-Cola, Louis Vuitton, and Nike, 7-Eleven, Inc. is making a significant move into the digital asset space. The convenience retailer is celebrating its 96th birthday by introducing a first-of-its-kind digital collectible (NFT) for Slurpee fans nationwide.
"Web3.0 is Much, Much Better for Creators Than Web2", a16z Suggests
Renowned Venture Capital (VC) firm, Andreessen Horowitz (a16z) has shared data that shows creators have a lot of benefits when they pitch their tents with Web3.0 rather than Web2.0.
Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially
Ethereum non-exchange whales have been accumulating more coins, which signifies a holding culture.
NFT, Metaverse Trademark Applications for 2022 Has Surpassed 2021
According to US Trademark lawyer Mike Kondoudis, the Web3.0 and Metaverse trademark-related applications for this year have already surpassed the total recorded in 2021.
Wallet Code Bug Destroys $100,000 Worth of Ethereum on NFT Marketplace Opensea
A mysterious bug accidentally destroyed more than 42 NFT collectables worth $100,000 in the Opensea marketplace.
United Nations Showcases NFTs Meant to Foster Climate Change Awareness
The United Nations, through its UN-Habitat program, is taking advantage of NFTs to create awareness about the global climate crisis through an initiative called DigitalArt4 Climate.
ZenGo's NFT Hack Detector
The display compares OpenSea NFT trading amounts to floor pricing.
Nike Leads among Web2 Brands for Highest Revenue Reaped from NFTs
Fashion brand Nike has topped the list of NFT-exposed traditional companies that have recorded the highest revenue from digital collectable transactions thus far.
GameStop Phases Out NFT Platform in Response to Regulatory Challenges
GameStop has announced the closure of its NFT marketplace, citing regulatory uncertainty. Effective from February 2, 2024, the platform will cease operations but assures that NFTs remain accessible on the blockchain.
Over $100m Worth NFTs Stolen YoY: Elliptic
According to a new report from blockchain analytics startup Elliptic, a total of $100 million worth of NFTs have been reported stolen from July 2021 to July 2022.
Spain's Largest Telecom Company Telefónica Now Accepts Crypto Payments
The Spain-based telecom company has now joined the list of firms accepting cryptocurrency as a payment method.
What are NFTs?
A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.
HBAR Foundation Launches $250m Metaverse Fund
The HBAR Foundation launched a $250 million Metaverse Fund, which aims to integrate Hedera Hashgraph's Web3 metaverse world for consumer brands.
Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse
Multinational corporations, including General Motors, Lacoste, and Walmart, have continued to file trademark applications in Web3, NFTs, and the metaverse, despite the broader market downturn. In February alone, General Motors filed for two new trademark applications covering Chevrolet and Cadillac brands, while Lacoste filed five trademark applications for "CHAMPS-ELYSEES." Walmart also filed trademark applications for the "SamsClub" name and logo. Even amid the bear market, record numbers of trademark applications have been filed for NFTs, metaverse, and crypto-related products in 2022.
NFT Trading Platform Giant OpenSea Raises $100 M in Series B Funding, Becoming Next Crypto Unicorn
The well-known NFT trading platform giant OpenSea announced the completion of a US$100 million Series B financing, joining the track of crypto unicorn officially.
Ripple XRP Q2 2023: Market Cap Decline while NFT Transactions Rise, Reported Messari
According to a recent analysis by Messari, the XRP Ledger (XRPL) saw growth and fall in the second quarter of 2023. Despite a 10.7% quarter-over-quarter (QoQ) decline in market cap from $27.8 billion to $24.8 billion, the XRPL, saw its native token, XRP, maintain its position as the sixth-largest cryptocurrency by market capitalization.
Talk to Earn, TAGO to Introduce Blockchain Technology in Mental Health Sector
TAGO, a UK-registered tech startup, aims to connect people in need of support for mental health through blockchain technology.
NFL ALL DAY: Revolutionizing Sports Memorabilia Through NFTs
NFL ALL DAY merges NFL fandom with blockchain, offering a digital platform for collecting and trading NFL moment NFTs.
Top 5 Technology Trends that Might Shape in 2022 and Beyond
One word that has been on the tip of the tongue of almost every second person on this planet especially since the last decade, and that has completely revolutionized the world in which we are currently living, is none other than technology.
YouTube Sees NFTs as Catalysts, Tieing Deeper Relationships with Users
YouTube sees NFTs as stepping stones towards a stronger connection between creators and viewers, according to Chief Product Officer Neal Mohan.
American Actor Bill Murray Losses $185,000 in NFT Hack
Bill Murray lost his NFTs due to hacking.
NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing
Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.
Metadee Launches 5 Volumes of the World's Oldest Quran Manuscript NFT
UK-based NFT marketplace Metadee has announced plans to sell all five volumes of the oldest currently handwritten Quran manuscript in NFT.
The Metaverse Enjoys Potential to Revamp Existing Brand Marketing, HashCash CEO Says
Thanks to a 7,200% surge in internet search volumes last year, the metaverse will be a revolutionary innovation that will reshape brand marketing, according to HashCash Consultants CEO Raj Chowdhury.
The Sandbox Taps Cybersecurity Firm Brandshield to Tackle Rising NFT Frauds
The Sandbox said introducing cybersecurity solutions with Brandshield is a testament to its efforts to stay ahead of fraudsters and build a fraud-free digital environment.
HQ Trivia Games Secures $7.8m in Seed Round
Internet Game project, which was a once-popular online game dubbed ‘HQ Trivia Meets NFTs” has secured $7.8 million in a seed round.
Google Partners With Dapper Labs to Aid the Growth of Web3.0
Google has inked a multi-year partnership with Dapper Labs to help scale the development of Web3.0.
Metaverse Developer Epic Games Claims Won't Ban NFTs like Minecraft
Epic Games, Inc., the creator of Metaverse battle royale game Fortnite, says it won't ban NFTs like Minecraft.
Zonda Slashes Maker/Taker Fees by 50% Across All Markets From November 22-29
Zonda, the leading cryptocurrency in Eastern Europe, will slash maker and taker fees by 50% for one week.
Drone Racing League Partners with Hivemind's Playground Labs, Launch First P2E Game on Algorand Blockchain
Professional drone racing League joins the Metaverse world by launching its first game on the Algorand blockchain in partnership with Playground Labs.
Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds
Ukraine is leveraging blockchain technology to keep the memory of war and celebrate Ukrainian freedom and identity.
Swiss Digital Asset Bank Sygnum Partnered with Artemundi to Issue Picasso NFT Painting for $6K per Share
The Swiss bank of digital asset management, Sygnum, announced that it has partnered with industry-leading art investment company Artemundi to sell the ownership stake in Pablo Picasso’s NFT painting at a price of $6,000 per share.
World's 1st Fine-Dining NFT Concept Auction to Conduct in May
Gourmeta, the world’s first fine-dining non-fungible token (NFT) concept, announced its NFT dining auction schedules.
Coinbase Exchange's NFT Marketplace Goes Live in Beta
Nasdaq-listed cryptocurrency trading platform, Coinbase Global Inc, has announced the launch of the Beta version of its NFT marketplace, months after it unveiled plans to launch the service.
NFT project Doodles pivots to become media franchise
Doodles, an NFT project, has announced plans to pivot to become a media franchise. The move is intended to focus on loyal collectors and move away from financial speculators.
Fox Corp Puts $100M Creative Fund for NFT Project
U.S. media giant Fox Corp announced the company is raising a total of $100M creative fund for its NFT company Blockchain Creative Labs, aimed at inspiring content creators.
Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.
OpenSea Introduces New NFT Theft Policy
OpenSea, the world’s biggest marketplace for trading NFT marketplace, has updated its new policy governing the handling of stolen digital arts and general theft on its platform.
Instagram to Welcome NFTs Feature, Meta CEO Mark Zuckerberg Confirms
Meta CEO Mark Zuckerberg said Meta will add NFTs to its video and photo social app Instagram in the coming months.
Bitcoin Ordinals Creator Casey Rodarmor Expands Ecosystem with "Runes"
Casey Rodarmor, known for his innovative Bitcoin Ordinals, has introduced a new fungible token protocol for Bitcoin called "Runes." The protocol aims to simplify user experience and could bring significant advantages to Bitcoin, despite the controversial reputation of fungible tokens.
Unreleased Version of David Bowie's "Let's Dance" Surfaces as NFT
Gala Music, in partnership with Larry Dvoskin and Warner Chappell Music, is set to launch a limited edition collection of NFTs featuring an unreleased version of David Bowie's "Let's Dance." Each NFT will give its owner exclusive access to the song, co-produced with Bowie in 2002, with initial profits going toward charity.
MeebitsDAO Manager to Push Meebits Branding for Yuga Labs
Yuga Labs has revealed plans to onboard MeebitsDAO general manager Danny Greene as the new brand lead for Meebits at Yuga Labs.
Tron Filmmaker Donald Kushner Creates Cryptosaurs in Metaverse & NFT Collections
Filmmaker and creator of the classic American tech film Tron, Donald Kushner, and his Gumbotron production team teamed up with Forj, a subsidiary of Animoca Brands, to create a new metaverse called Cryptosaurs and launch a related NFT collection.
Bentley University Rolls Out Crypto Payment Option for Tuition Fees
To offer students and their families new methods to pay tuition, US-based Bentley University has started accepting crypto payments.
To Shift Its Collection To Polygon, NFT Received $3M
y00ts and DeGods received $3 million to migrate their collections from Solana to Polygon. Frank III, creator of the two projects, issued a Discord and Twitter statement. Business development, graphic design, content production, and events coordinating will be hired using the cash.
KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs
KuCoin said the launch of its ‘NFT ETF Trading Zone’ aims to improve the liquidity of NFT assets and lower the investment threshold of major NFTs to its over 20 million users.
Nansen CEO Predicts Six Key Trends in Crypto
Nansen.ai CEO, Alex Svanevik, outlined six pivotal crypto trends on Twitter, emphasizing the synergy of fintech and crypto, DeFi's potential in gambling, the growing relevance of real-world assets like T-bills, the impending rise of Web3 gaming, SocialFi's development, and Physical NFTs' retail integration. The thread also welcomed community input, reflecting on other emerging trends like blockchain in fantasy sports.
Decentralized NFT Marketplace Sudoswap To Launch Ethereum Token Airdrop
The launch of the Ethereum airdrop token will enable Sudoswap to reward its active users and raise awareness of its native tokens.
The Importance of NFTs in the Web3 industry
NFT token sales increased 67.57% to 101 million last year. DappRadar's Web3 adoption analysis found huge transaction growth in the Solana and ImmutableX ecosystems.
Top-Ranked DeGods NFT Recovered After Phishing Scam Loss
Crypto detective ZachXBT helps recover substantial funds from a phishing scam involving a top-ranked DeGods NFT, underscoring the risks and recoverability in the digital asset space.
Blockchain Association Rejects Court's Securities Ruling on Private Blockchains
A U.S. lawyer called it "absurd" for a court to declare digital assets on centralized databases securities.
Hyundai Emerges as First Automaker to Roll Out Community-Based NFTs
South Korean auto giant Hyundai Motor has entered the non-fungible token (NFT) market after partnering with the ‘Meta Kongz’ NFT brand to enhance its customer community and brand awareness.
Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges
Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.
HolyShxxt!'s NFT and Future GameFi plans Shows HK's Potential
Hong Kong-based non-fungible token (NFT) and blockchain developer HolyShxxt!'s release of NFTs and their plan to launch a strategic football management simulation GameFi shows the potential growth of the fusion of gaming and blockchain-powered financialization in the city and globally.
Fantom's Evolution: From Technical Innovations to Ecosystem Expansion
Fantom continues to innovate despite facing challenges in its DeFi ecosystem. With planned technical upgrades and a focus on growing its developer community, the network aims for a robust and diversified blockchain ecosystem.
Crypto Exchange Okcoin Launches a Free Trading NFT Marketplace
To tap into the NFT craze, crypto exchange Okcoin has established a marketplace featuring no transaction fees.
Minecraft Won't Allow Integration with NFT, Says Developer Mojang Studios
Mojang Studios, the sandbox video game Minecraft developer, has stated that it will not support NFT integration with Minecraft.
NFT Surpasses Crypto and Ethereum in Google Searches
To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends.
Kevin Rose, co-founder of Moonbirds, falls victim to phishing attack
Moonbirds co-founder Kevin Rose. He lost about $1.1 million in NFTs to a phishing fraud.
API-Based NFT Startup Rarify Raises $10M Funding Round, Led by Pantera Capital
Rarify, an application programming interface (API) platform, announced that it raised $10 million in a Series A funding round led by crypto investment firm Pantera Capital.
Opensea NFT marketplace Accuses Senior Employee of Insider Trading
Opensea has confirmed an insider trading against the company’s head of product.
MyNFT to Bring Europe's First NFT Vending Machine to London
Web3 startup MyNFT will be launching the UK's first NFT Vending machines in London
XVI Citizens to Introduce 16 Personalities as NFTs
The 16 Personalities idea is turning into non-fungible tokens (NFTs) and entering the metaverse for the first time through the XVI Citizens project.
Malaysian Communications Minister to Propose Crypto Legalization
Datuk Zahidi Zainul Abidin, the deputy minister of the Malaysian Ministry of Communications and Multimedia, is rallying the government to legalize cryptocurrencies to benefit the tech and crypto-savvy population.
LooksRare Version 2 Upgrades NFT Marketplace
LooksRare, a Non-Fungible Token (NFT) marketplace, has reduced trading fees by 75% with the launch of version 2. The upgrade includes gas-efficient contracts, support for token prices, and custom recipient aggregators. The team has announced that LooksRare version 1 will be discontinued.
OpenSea Set to Launch 2.0 Version to Enhance NFT Experience
OpenSea is launching OpenSea 2.0, a revolutionary NFT marketplace upgrade, focusing on enhanced user experiences, improved trading access, advanced security measures, and simplified user onboarding.
LG Electronics to Roll Out Crypto Wallet
As part of plans to expand its business scope to include platforms and software, South Korean tech giant LG Electronics is launching a crypto wallet application dubbed “Wallypto.”
WAHED Announces Strategic Partnership With The Creator’s Group
WAHED is delighted to announce a brand new partnership with Creator’s Group. Bringing years of experience in the real estate and property management sector, the Creators Group can look forward to enjoying a number of advantages that the blockchain can add to this industry.
Israel Incoming President Receives NFT Souvenir from his Father
Israel newly-inaugurated President Issac Herzog receives his gift of an NFT-formed oath archive from the parliament, signed by his father and the former president.
Dolce & Gabbana Bags $6M from Fashion NFT Collection “Collezione Genesi”
Leading Italian luxury fashion house Dolce & Gabbana sold a nine-piece collection of fashion NFTs dubbed Collezione Genesi for a whopping $6 million.
185 Blockchain Hacking Incidents with $920M Loss Reported by SlowMist in First Half of 2023
SlowMist, a renowned blockchain security firm, has recently published its mid-2023 report on Blockchain Security and Anti-Money Laundering (AML). The report offers a comprehensive overview of the current global landscape of blockchain security and AML developments.
TravelX, Air Europa Launch World's 1st Flight Ticket NFTs
TravelX announced that it has partnered with Air Europa to release the world's first NFT flight ticket collections or "NFTickets." Owners can issue their own flight tickets by presenting their NFT.
Hong Kong-based Grand Cru Cellar to Offer First Redeemable Wine NFT in Asia
Hong Kong-based wine importer and distributor Grand Cru Cellar (GCC) has announced plans to enter the NFT industry.
NFT Co-Founder Faces Lawsuit Over Crypto Wallet Dispute
Rebase co-founder Edmond Truong is being sued by Krzysztof Gagacki, who claims to be a co-founder of the nonfungible token (NFT) project. Gagacki alleges that Truong misappropriated $2 million into a separate wallet owned and controlled by him without his consent, ousting Gagacki from the firm and causing damage to his reputation.
Report: Visa Blocks $30 Billion in Fraud, Highlighting Crypto and NFT
Visa Inc.'s Fall 2023 Biannual Threats Report highlights the rise of sophisticated fraud schemes in retail and eCommerce sectors, with online merchants accounting for 58% of total fraud and breach investigations. The company has prevented $30 billion in fraud in the last six months, collaborating with global law enforcement.
Colnago Deploys Blockchain-Powered Digital Passport for Seamless Cycling Experience
Colnago, a leading Italian road-racing bicycle manufacturer, has integrated blockchain technology into its new bicycles so that customers can get proof of validity and ownership.
Former OpenSea Staff Charged with Insider Trading Offenses
Nathaniel Chastain, former Head of Product at OpenSea, has been arrested by the Federal Bureau of Investigation (FBI) for alleged insider trading.
NFT Royalties Fall Short in Web3 Ecosystem
Loss of creator royalties in the NFT space could be higher than estimated, with Bored Ape Yacht Club and Mutant Ape Yacht Club experiencing shortcomings of around $20 million. This points to previous estimates of $35 million likely being too small. Despite efforts to enforce creator royalties, Boris Pevzner, co-founder and CEO of LiveArt, says the current system is not working as it should, potentially causing artists to lose interest in the industry.
Meta Users Can Now Post Digital Collectables on Instagram and Facebook
Meta Platforms Inc has announced that it has enabled the digital collectables features across its two major social media apps - Instagram and Facebook.
Solana NFTs Go Live on OpenSea
Top non-fungible token (NFT) marketplace OpenSea's long-anticipated integration with Solana has finally gone live.
Bored Ape Yacht Club Enters the Movie Scene, Pairing with Coinbase
Seen as the face of the non-fungible token (NFT) market, the Bored Ape Yacht Club (BAYC) has entered the silver screen based on a series of animated short films called “The Degen Trilogy.”
Shiba Inu SHIB Dream NFT Collection Debuts on PawZaar
The Shiba Inu community is launching PawZaar, an NFT marketplace that combines art and community values. The Shib Dream NFT collection includes quarterly profits for select holders, digital currency rewards, and collaboration with other projects. Profits are allocated for noble causes and sustainability.
Steamboat Willie Enters Public Domain, Inspires NFT and Meme Coin Craze
The public domain's "Steamboat Willie" Mickey Mouse version has sparked the creation of popular NFTs and meme coins, marking a new era in digital art and copyright freedom.
Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales
Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.
Dolce & Gabbana Launches First NFT Collection "Collezione Genesi"
Dolce & Gabbana is entering into the NFT metaverse with the launch of its 9 piece collection.
EU Plans to Bar Interest Payments on Deposits in Stablecoins
Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.