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Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March
18.4.2024
Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top NFT marketplace...
Starbucks Discontinues NFT Program to ‘Prepare for What Comes Next’
17.3.2024
Starbucks has said it will discontinue its Odyssey non-fungible token beta program and members “have until March 25, 2024, to complete any remaining journeys.” Starbucks stated on its FAQ page that it will keep its NFT community in mind and is working to find a place for its members...
Exclusive: Web3 Development-Focused Core Foundation Launches New NFT Marketplace
11.3.2024
Core Foundation will embark an NFT collection drop for the community, dubbed – Core Journey.
The post Exclusive: Web3 Development-Focused Core Foundation Launches New NFT Marketplace appeared first on Cryptonews
NFT-Focused Line Next Secures $140 Million Investment in Funding Round Led by Peter Thiel-Sponsored Firm
14.12.2023
Line Next, a subsidiary of Line Corporation, said on Dec. 13 that it has secured a $140 million investment in a funding round led by the Peter Thiel-sponsored Crescendo Equity Partners. Line Next has said it will use the capital raised to fund the expansion of its global business and develop...
Zero Knowledge Rollups as a Service Hasten the ‘Implementation of Secure and Scalable Networks’ — Alvaro Fernandez
7.12.2023
Alvaro Fernandez, the Chief Operations Officer (COO) at Lumoz, has stated that while zero-knowledge rollups have demonstrated exceptional security and scalability, the technology is still not user-friendly. To address this issue, networks should opt for ZK Rollups-as-a-Service (ZK-RaaS) because...
Bitcoin NFT marketplace Bioniq eyes lofty goal of alleviating network congestion
29.11.2023
Bioniq operates on the Internet Computer Protocol, tapping into native Bitcoin integration to ease the network congestion and high fees associated with Ordinals inscriptions
Crypto Experts Can’t Get Enough of This Unlisted AI Crypto Project – Future 100x Coin?
28.11.2023
Crypto experts are flocking to unlisted AI crypto project yPredict as its presale funding momentum points to the potential for outsized growth. Image by Fareed Mindalano, DALL-E 3. The AI-driven cryptocurrency project yPredict has rapidly gained attention as its native token presale recently...
NFT Giant Opensea Retrenches an Unknown Number of Employees
9.11.2023
Opensea recently retrenched an unknown number of employees as part of what the CEO Devin Finzer describes as a rebuilding exercise. According to the CEO, taking this step helps Opensea build a foundation which enables it to innovate faster. Smaller Team With Direct Connection to Users Opensea,...
Ryder Ripps ordered to pay Yuga Labs $1.6M in copyright lawsuit
27.10.2023
The NFT artists were also ordered to cover Yuga Labs’ legal fees after determining the trademark infringement constituted an “exceptional case.”
China Daily Newspaper Mulls Metaverse and NFT Marketplace Launch - Here's The Latest
10.10.2023
China Daily, a prominent English-language newspaper owned by the Publicity Department of the Chinese Communist Party, has allocated a substantial 2.813 million Yuan ($390,000) to build its own metaverse and a non-fungible tokens (NFT) platform.
China Daily has called for a public tender, seeking...
Ordswap urges users to recover keys after losing control of website
10.10.2023
Before it was taken down, Ordswap users said the compromised website directed users to a phishing link
Is It Too Late to Buy Render? RNDR Price Turns Green and Launchpad XYZ Uses AI Data to Find Out When to Buy the Dip
12.9.2023
Joining the broader cryptocurrency market uptrend today, Render Token (RNDR) has exhibited bullish price action for most of the day. The RNDR price touched its 50-day moving average for the first time in almost two months earlier today.
However, selling pressure has once again pushed...
Fetch.ai Price Pumps 10% - Experts Predict These 3 AI Coins Are Next Cryptos To Explode In September
1.9.2023
Bullish momentum has returned to Fetch.ai's FET token with the price rallying 10% over the past week.
This upside move has propelled FET above its 20-day, 50-day, and 100-day exponential moving averages, which is often viewed as a precursor to further gains.
However, after briefly hitting...
NFT marketplace OpenSea to disable royalty enforcement tool
18.8.2023
OpenSea's royalty enforcement tool Operator Filter is going to be turned off, according to OpenSea’s founder and CEO, Devin Finzer
Tragedy or rug-pull? Inside the collapse of a ‘charitable’ NFT project
17.8.2023
Orica NFT's charity efforts have succeeded, but its token holders have not, and up until now, its co-founder was nowhere to be found
RGB protocol may offer solution to Bitcoin's Ordinals jam, claims proponent
26.5.2023
The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals
Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down
12.5.2023
Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."
Blur NFT lending protocol gets mixed reactions from the community
2.5.2023
Jesse Hynes, a Web3 lawyer, tagged the SEC and stated that this is the type of activity that they must safeguard investors from
Romania plugs into Web3 with national NFT marketplace
24.4.2023
Romania’s Informatics Institute is set to launch an institutional NFT trading platform, using Web3 to create a link between the public and private sectors
OpenSea collector fat fingers a 100 ETH bid for a free NFT
6.4.2023
Some pundits have argued the trader mistakenly put up a bid for 100 ETH which was quickly snapped up, while others believe the sale was a wash trade