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South Korean Regulator Rules NFTs Are Not Subject to Crypto Law
11.12.2023
Source: TSViPhoto/Adobe South Korean financial regulators have said NFTs are not subject to the same rules as cryptoassets, a ruling that may buoy token issuers and blockchain gaming firms. Per News1, the Financial Services Commission (FSC), the nation’s top regulator, stated that “following...
Inspect announces support for Avalanche ecosystem
8.12.2023
Inspect has announced the expansion of its strategic partnership with the Avalanche ecosystem. Avalanche has confirmed the announcement, stating that they gain collection analytics and community insights with this development. Avalanche community members have responded positively to this...
Squid to power cross-chain functionality across Decentraland
7.12.2023
Squid has announced that it is now powering the cross-chain functionality on Decentraland. It helps users acquire an NFT in the ecosystem from any token they prefer from any chain they want. Needless to say, non-fungible tokens should be listed in Decentraland, and users must have linked their...
Megadeth Drops NFT Collection, Offers Exclusive Access to Metaverse And Real World Events
6.12.2023
Megadeth’s new NFT drop enables exclusive metaverse and real-world access for fans. Image by Kerem Goktug Kaya, DALL-E 3. Yesterday, legendary American thrash metal band Megadeth announced the launch of a new non-fungible token (NFT) collection, offering fans exclusive access to digital...
USM leads in using NFT-tokenized tickets to access events
6.12.2023
According to Smart Ticket research, an increasing number of businesses are incorporating the use of tokenized tickets as NFTs and tokens to connect with events and other prime venues, and the USM ecosystem is at the forefront of this race. Many creative and exceptional events have taken place...
Here’s Why Gamers Are Splurging on Square Enix’s Quirky NFT Characters
5.12.2023
Source: symbiogenesisPR / Twitter The Japanese gaming giant Square Enix has sold all character non-fungible tokens (NFTs) in the first auction for its upcoming game Symbiogenesis. Square Enix is the publisher of titles such as Final Fantasy, Kingdom Hearts, and Dragon Quest. The company’s...
Enjin Beam upscales NFT allocation options
5.12.2023
Enjin Beam has enhanced its NFT allocation tool with the addition of an advanced Claim Conditions option. Developers will be able to provide NFT rewards for certain behaviors, such as accomplishing tasks and holding their NFTs, as a result of this. Enjin Beam came into existence five years ago...
DogeWalk completes the final Genesis NFT mint with success!
4.12.2023
On November 28, 2023, DogeWalk concluded its final Genesis NFT mint. This results in minting the entire Genesis NFT series, which comprises 2,500 unique pieces. The final lot was purchased in the span of a single day. Before delivering their third Genesis NFT, DogeWalk performed a substantial...
CryptoPunks and Bored Apes Dip as NFT-500 Index Falls Despite Crypto Rally
1.12.2023
CryptoPunk NFT. Source: Adobe / ArtmediaworX While the broader crypto market appears to be moving toward a potential bull-market phase, the non-fungible token (NFT) sector, led by collections like CryptoPunks and Bored Apes, is experiencing a contrasting trend. The Nansen NFT-500 index, which...
Bored Ape Avatars Debut in Roblox’s New Kingship Islands Game
1.12.2023
Source: Adobe / Ascannio The iconic Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection has found a new home in the metaverse of Roblox, thanks to the metaverse-based “supergroup” Kingship. Developed by Universal Music Group’s 10:22PM, the fictional band Kingship...
RARI Foundation unveils creator-led RARI Chain
1.12.2023
The RARI Foundation has achieved one of its greatest triumphs with the NFT (a non-fungible token), the RARI chain, which was developed specifically for them, allowing them to target the creators. This enhanced platform operates on the comparatively economical and swift Arbitrum network....
Is Web3 Gaming Investment Arena Overcorrecting? Possibly, WAX Exec Says
30.11.2023
Blockchain Brawlers. Source: brawlers.gg In a recent chat with Cryptonews, Michael Rubinelli, industry veteran and Chief Gaming Officer at Web3 ecosystem for gaming WAX, discussed how macroeconomic trends affect the gaming industry, what is happening in the gaming investment arena, and the positive...
RARI Foundation Launches Testnet for RARI Chain on Arbitrum, Introduces Royalty-Embedded NFT Ecosystem
30.11.2023
Source: Pixabay The RARI Foundation, the nonprofit entity linked to the Rarible ecosystem, has officially launched the testnet for the RARI Chain on Arbitrum. This novel EVM-equivalent blockchain is designed to serve as a nonfungible token (NFT) infrastructure solution, embedding royalties directly...
Today in Crypto: Toniq Launches ‘First Ordinals-Specific NFT Marketplace Built on Bitcoin L2’, Neobank Brighty Reveals European B2B Platform Brighty Business
29.11.2023
Source: AdobeStock / sipgus Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ NFT news Toniq, a company building professional tools and services on the decentralized web, today announced the launch...
Frank DeGods announces ending points across y00ts and DeGods
29.11.2023
Frank DeGods has made a number of announcements, with more on the way, and the community has even summarized them pretty well. However, the one aspect of the long announcement that has gained attention is the ending of points across y00ts and DeGods. Frank has said that while the intentions were...
Binance Labs invests in Open Campus to revolutionize Edu-Tech
28.11.2023
The investment arm of the famous cryptocurrency exchange, Binance Labs, has invested $3.15 million in the innovative Web3 education platform Open Campus. This strategic investment aims to change the educational content industry through a new approach to earning using blockchain technology....
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...
Axie Infinity to provide commercial rights to NFTs
27.11.2023
Axie Infinity, a well-known blockchain game, offers commercial value to particular NFT owners, providing them with the option of producing and selling certified products. This is in sync with the introduction of an Axie merch outlet. According to Sky Mavis, specific holders of the games Mystic...
Square Enix’s NFT Game Symbiogenesis Sets Auction Dates, Launches December 21 – Here’s What You Need to Know
27.11.2023
Source: symbiogenesisPR / Twitter The Japanese gaming giant Square Enix has begun the character non-fungible token (NFT) auction for its game Symbiogenesis, less than a month before its launch. The official website shows the game is scheduled for launch on December 21. Once users log in to...
Trader Cashes In $12M as Blur NFT Platform Airdrops 300M Tokens to Users
23.11.2023
A cryptocurrency trader scored big with a $12.1 million haul from Blur’s NFT token airdrop. Image by Vladimir Kazakov, Adobe Stock. The popular NFT marketplace Blur recently concluded an end-of-season airdrop, distributing 300 million reward tokens worth around $160 million to traders on...