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How Utility NFTs Will Drive Mainstream Web3 Adoption
9.4.2023
Ken Timsit, is Head of blockchain startup accelerator Cronos Labs and Cronos Chain.__________
Non-fungible tokens (NFTs) were perhaps the most publicly followed hype cycle, with celebrities from Justin Bieber to Madonna dropping NFT collections for their fans over the past couple of years....
NFT Sales Rise 7.28% to $179.64 Million in 7 Days, Nakamigos Takes the Top Collection Spot
8.4.2023
Sales of non-fungible tokens (NFTs) increased this week, with $179.64 million in sales over the last seven days. NFT sales rose 7.28% and transactions grew by 2.29% during this period, but the number of digital collectible buyers decreased by 4.34%. NFT Sales Improve This Week, Rising 7.28% Higher...
Invest in Your Online Future with NFT Domains: Mint Yours at Quik․com
8.4.2023
As the world of digital assets continues to evolve, the rise of non-fungible tokens (NFTs) has taken the crypto space by storm. From art to music and virtual real estate, NFTs have revolutionized how we perceive value and ownership in the digital world. Among the most promising applications of this...
Ethereum Pioneer Unveils New Blockchain for Creatives and Artists – How Does it Work?
6.4.2023
Fabian Vogelsteller said that the goal for his LUKSO project is to become an ecosystem for creatives by "building a whole toolset and ecosystem and marketplace around NFTs using universal profile on the base." ...
Read More: Ethereum Pioneer Unveils New Blockchain for Creatives and Artists –...
Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market
2.4.2023
Sales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen its strongest quarter since early last year, reaching a trading volume of $4.7 billion...
After Manhattan Indictment, Trump's NFT Trading Cards See Sharp Rise in Value – Here's Why
2.4.2023
Digital trading cards tied to Donald Trump, the 45th President of the United States, have seen a spike in price following news that a grand jury in Manhattan voted to indict him.
According to NFT data aggregator NFTPriceFloor, the floor price of Trump's NFTs currently sets at 0.499 ETH, or over...
Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project – Crypto Adoption on the Rise?
28.3.2023
Luxury fashion brand Gucci is diving even deeper into the Web3 and the metaverse worlds, announcing a collaboration with the popular blockchain technology company and non-fungible-token (NFT) issuer Yuga Labs. ...
Read More: Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs...
Ukrainian Startup Promin Aerospace to Send Historical NFTs Into Space
23.3.2023
Promin Aerospace is a Ukrainian rocketry startup with backing from Google among others. The company is working with the Meta History Museum to launch into space a collection of artworks about the war with Russia in the form of NFTs (non-fungible tokens). The team recently joined the Bitcoin.com...
German Government Invests $1.2 Million in Metaverse Startup Flying Sheep Studios
23.3.2023
The German government has allocated $1.2 million in funding for a metaverse game being developed by Flying Sheep Studios. The company, based in Cologne, will use the funds for the development of a game called Star Life, which will also include blockchain elements in the form of non-fungible tokens...
Gaming Giant Sony Files Patent to Enable NFT Transferability Across Games and Consoles
22.3.2023
Entertainment and gaming giant Sony has filed for a patent to make non-fungible tokens (NFTs) transferable and usable between various games, devices, and consoles.
The patent (WO2023039557 - NFT FRAMEWORK FOR TRANSFERRING AND USING DIGITAL ASSETS BETWEEN GAME PLATFORMS) was published on March...
Damex Releases in-App Utility Token Damex Token, Enables Users to Earn Rewards for Staking Tokens
20.3.2023
PRESS RELEASE. WATERPORT PLACE, GIB., March 20th, 2023 – Digital Asset Management Limited and the Damex group (“Damex” or “Damex.io”)), a Distributed Ledger Technology provider based in Gibraltar, recently announced its utility token IEO, the Damex Token ($DAMEX), which can be used within the Damex...
Exclusive Interview: Tether Co-Founder Says Crypto Industry Will Bounce Back Despite Past Failures - Here’s Why
17.3.2023
In an exclusive interview with Cryptonews, William Quigley, the co-founder and CEO of decentralized blockchain WAX and co-founder of USDT issuer Tether, shared his insights on the crypto and blockchain industry's future amid recent challenges.
Quigley, who has over 30 years of experience...
Meta Winding Down Support for NFTs on Facebook, Instagram
15.3.2023
U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support for Non-Fungible Tokens...
Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion
6.3.2023
Israel Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021.
According to a recent report by Israeli news outlet Ynetnews, Avraham Cohen and Anthony Pollack, the owners and operators...
NFT Creators Investigated in Israel for Alleged Tax Evasion
6.3.2023
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused of similar offenses. Thousands of ‘Western...
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault
5.3.2023
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following...
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025
4.3.2023
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy...
Unity Gaming Engine Launches Blockchain and Web3 Integration Options
3.3.2023
Unity, a gaming engine development company, has announced the introduction of several blockchain-based integration options to its platform. The new options offer opportunities for developers, that will be able to take advantage of digital identity, tokens, non-fungible tokens (NFTs), and other...
New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?
2.3.2023
The typically complicated process of onboarding new users to Web3 may have just become a bit easier: US-based startup ReDeem claims to have simplified this process by allowing users to interact with non-fungible tokens (NFTs) via their phone numbers....
Read More: New Crypto Startup Enables Users...
Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection
28.2.2023
On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created...