Search
New Blockchain Handheld Announced, Will Likely Cost $500
8.4.2024
Ordz Games has revealed a new retro-inspired handheld gaming console that will allegedly let players earn Bitcoins while playing games that are connected to the larger blockchain network. The console isn’t out yet, but will likely cost around $500, according to the company behind the device. Read...
Headband-Wearing ‘Alien Punk’ NFT Sells for $16 Million, Marking Second Highest Cryptopunk Sale
4.3.2024
As the value of cryptocurrencies continues to climb, the second-highest sale of a Cryptopunk non-fungible token (NFT) has been recorded at $16 million, as per onchain records. This sale significantly exceeds its previous purchase price of $7.67 million, which was just three years prior. Ethereum...
Ebay’s Web3 Division Reportedly Lays off 30% of Its Employees
23.2.2024
Recently, Ebay, the e-commerce behemoth, implemented significant changes within its Web3 division. These changes resulted in a 30% reduction in the division’s workforce and the departure of a pivotal employee. Among those affected by this restructuring is David Moore, the founder of Knownorigin,...
NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says
8.2.2024
Yat Siu explains why we shouldn't dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process
NFTs Outpaced Ether's Gains in January
31.1.2024
Ether prices are set to close the month just over 2% higher, while major NFT indices have gained almost 10%
Topps Navigates Web3 Hurdles: Shifts to Fortress Amid Regulatory Challenges in NFT Expansion
25.1.2024
This week the collectibles and candy company Topps communicated with its customers regarding its non-fungible token (NFT) initiatives. The company acknowledged encountering challenges with a payment service provider in January 2023, leading to a transition to a new provider, Fortress, in September....
GameStop Bails On Its NFT Marketplace
15.1.2024
Cast your mind back to July 2022. It was around the time the marketplace for NFTs was collapsing, and crypto scams were falling apart everywhere you looked. That was when GameStop declared its intention to get into all that cool web 3.0 stuff. Well, you’re never going to believe it, but it hasn’t...
Social Media Platform X Halts NFT Profile Service, Stirring Mixed Reactions in Crypto Sphere
11.1.2024
The social media platform X has discontinued its non-fungible token (NFT) profile picture service, a feature introduced just last year in January 2022. The crypto community’s response to this move has been notable, with Kraken’s founder, Jesse Powell, labeling it as “a step...
Twitter Quietly Scraps NFTs While Embracing AI
10.1.2024
On January 9, X (formerly known as Twitter) announced its plans to begin the process of reinventing itself as the “everything app.” This will involve new uses for artificial intelligence, peer-to-peer payment systems, and a big emphasis on slamming ads into the pinned-open eyes of its users....
Logan Paul Finally Offers Refunds For Failed NFT Game
5.1.2024
In case you forgot, controversial YouTuber Logan Paul promised to pay back millions of dollars to folks who fell victim to his NFT “game,” CryptoZoo. The game—a sort of Pokémon-like where you collect, sell, and trade exotic animals on the blockchain—never really existed, though, which left...
Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales
30.12.2023
In November, Bitcoin clinched the leading position in monthly non-fungible token (NFT) sales, and interestingly, this month Bitcoin continued to retain its top status, amassing a total of $853 million in sales. NFT Sales Surge: Bitcoin Holds Top Spot With Unprecedented December Rise Although...
Major NFT Indicies Stable After NFT Trader Hack
18.12.2023
Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs' Greg Solano and Boring Security DAO paid a bounty
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...
December Sparks NFT Sales Surge — Bitcoin Dominates as Market Recovers, Iconic Collections Realign
9.12.2023
In the wake of a strong rise in non-fungible token (NFT) sales last November, the initial week of December continued this trend, with sales escalating by 57% compared to the previous week. Bitcoin Outshines as NFT Sales Skyrocket in Early December This past week’s NFT sales amounted...
Reebok’s Blockchain-Powered Gaming Experience Set to Transform Fashion
8.12.2023
Source: Futureverse, Reebok AI and metaverse technologies firm Futureverse and American sports culture brand Reebok have joined hands to create AI, Web3, blockchain-based gaming, and metaverse experiences. While the two are expected to make digital versions of Reebok wearables linked...
NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge
2.12.2023
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise...
NFT Prices Are Still Lagging Behind Ether's Gains
30.11.2023
Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether
First-of-its-Kind NFT-Centric Wallet by Magic Eden Set to Transform Digital Collecting – NFTs Making a Comeback
28.11.2023
Source: MagicEden / Twitter Cross-chain non-fungible token (NFT) platform Magic Eden has rolled out its Magic Eden Wallet in Beta, with the desktop browser extension to follow. According to the press release, this is a cross-chain self-custody software wallet created in partnership with crypto...
NFT Marketplace OpenSea to Reduce Workforce as it is Planning “Big Changes”
6.11.2023
Leading non-fungible token (NFT) marketplace OpenSea, unveiled plans to lay off half its workforce, amid the company’s major restructuring plans. The platform’s CEO Devin Finzer wrote on X (Twitter) that the firm is making “big changes” to focus on a new version –...
The Simpsons Take a Dig at NFTs, Crypto in 'Treehouse of Horror' Episode
6.11.2023
"Remember how we were always saying we wish Bart was less fungible," Homer asks Marge after he puts his son on-chain