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Solana-Based Phantom Wallet Unveils 'Burn NFTs' to Protect Customers From Scams
18.8.2022
Solana (SOL)-based wallet provider Phantom has announced a new feature that will burn spam non-fungible tokens (NFTs) sent by scammers.
In an August 18 blog post, the Phantom team said that spam NFTs have evolved to be a practical way for bad actors looking to steal users’ funds....
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New NFT Utility Platform Launches to Compete for 60M Twitch, YouTube Creators
17.8.2022
Amid the ongoing surge in the so-called 'creator economy' which allows creators to monetize their work in new ways, non-fungible token (NFT) platform PlayNFT is launching a new marketplace to allow Twitch streamers and YouTube creators to roll out branded NFTs with in-game utility intended...
Fake Manchester United token soars 3,000% after Elon Musk jokes about buying team
17.8.2022
Other Manchester United-related assets also rallied after Musk's tweet, as well as Manchester City's fan token
Blockchain VC Shima Capital debuts with $200M Web3 fund
17.8.2022
The venture firm, which was founded in 2021, is prioritizing decentralized social media, DAOs, DeFi, metaverse, zero-knowledge proofs and layer-1 solutions
Enter Frida Kahlo's Red House: Decentraland is Preparing ‘Mind-Bending Installations' for Metaverse Art Week
17.8.2022
The metaverse project Decentraland (MANA) has announced the lineup for its 3rd annual Metaverse Art Week titled The World is Made of Code, which includes “mind-bending” work from contemporary artists and contributions from a Ukrainian non-fungible token (NFT) project....
Read More: Enter Frida...
Next DeFi Tokens To Explode In 2022 – Binance Coin, KuCoin Token, and HachiFi
16.8.2022
The crypto market is widely known to be a very volatile territory for investing; however, despite the treacherous nature of the industry, more and more people are making jaw-dropping profits daily. The key to reaping incredible profits in this current season is carefully planning and making...
South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
16.8.2022
The securities arm of South Korea’s second-largest business group will take the crypto plunge – and will team up with a domestic commercial bank as part of its efforts....
Read More: South Korea’s SK Securities to Team up with Regional Bank for Crypto Custody, NFT Move
‘Durmientes’ Aims to Be One of the First Films Funded Fully With NFT Sales in Latam
16.8.2022
“Durmientes,” a new movie that will be directed by Gibran Bazan, a Mexican filmmaker, aims to be funded fully by the sale of a series of non-fungible tokens (NFTs). The NFTs, which will be sold on Metaown, a Mexico-based NFT marketplace, and designed by artist Gabriel Colin, will...
19 celebrities called out by consumer watchdog group for shilling NFTs
16.8.2022
Consumer watchdog group Truth in Advertising says celebrities promoting non-fungible tokens (NFTs) on their social media channels is an area "rife with deception."
Crypto Economy’s Top Privacy Coins Take a Hit After US Government Banned Tornado Cash
15.8.2022
Following the U.S. government prohibiting the use of the ethereum mixing service Tornado Cash, the crypto economy’s top privacy coins lost more than 8% in USD value the following evening after the ban announcement. The top privacy coins like monero and zcash managed to recover the losses...
Most Popular Dog Coins Rise for 4 Consecutive Weeks, as Major Shiba Inu Development Nears
15.8.2022
Meme coins like shiba inu (SHIB) and dogecoin (DOGE) are on the rise in the market, with SHIB, in particular, standing out as the third-best performer among the top 100 cryptoassets by market capitalization over the past week.
At press time (09:25 UTC) on Monday, SHIB traded at USD 0.001569,...
EU Parliament’s Rapporteur on MiCA Crypto Law Stefan Berger Sells Pair of Slides as NFT
15.8.2022
“Freedom in a wallet” is how Member of European Parliament Stefan Berger describes the non-fungible token (NFT) he is now selling on Opensea. The NFT represents a pair of ‘Bergoletten’ slides. Shoes symbolize the first step in every development, says Berger who invested...
Acala’s Stablecoin Falls 99 Percent After Hackers Issue 1.3 Billion Tokens
15.8.2022
A bug in the protocol’s newly-deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit
While Gains Have Been Slower Than Most Crypto Assets, Meme Coin Economy Swells by 24%
13.8.2022
While a great number of crypto asset values have improved over the last month, meme-based crypto assets have also advanced against the U.S. dollar. 53 days ago on June 21, the top meme coins by market valuation were once worth $14.5 billion and since then, the meme coin economy has grown by 24.82%...
Japan Appoints Political Heavyweight as New Digital Minister, Boosting Web3 Hopes
13.8.2022
Hopes are high in Japan that the government will put Web3 development at the front and center of its economic plans – after its Prime Minister appointed a new minister in charge of digital affairs.
On Twitter, the politician Taro Kono announced that he had been appointed to the post by the Prime...
Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June
12.8.2022
Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today’s session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month...
Why Real-World Utility Tokens Are Taking the Meme Coin Community According to Chronoly
11.8.2022
PRESS RELEASE. The recent cryptocurrency market crash has shaken the trust of investors in several crypto projects. Investors are prompted to rethink and reevaluate the fundamental aim of digital currencies they have invested in. In fact, the crash has proved to be more severe for cryptocurrency...
NFTs and intellectual property, explained
11.8.2022
When you buy a nonfungible token, do you automatically get intellectual property rights? Well… it's complicated
Report: Samsung Signs MOU to Build Galaxy NFT Ecosystem
10.8.2022
Korean electronic goods producer Samsung Electronics recently signed a memorandum of understanding (MOU) with six companies that will collaborate to build the Galaxy NFT ecosystem. Galaxy NFT Ecosystem South Korean electronics maker, Samsung Electronics, recently signed a memorandum...
These Are the Crypto Economy’s 5 Most Expensive Assets per Unit in August 2022
9.8.2022
On July 18, 2021, Bitcoin.com News researched the top five most expensive crypto assets and at that time there were two digital currencies worth five digits in value, two tokens worth four digits in U.S. dollar value, and one valued at three digits. Today, a lot has changed but currently, bitcoin...