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A Tumultuous August: Peaks and Valleys in Bitcoin’s Ordinal Inscription Saga
14.8.2023
Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These low points in August occurred specifically...
20 Million Reddit Collectible Avatars Minted on 0xPolygon Platform – NFTs Making a Comeback?
14.8.2023
Reddit non-fungible tokens (NFTs) minted on layer-2 network Polygon have surpassed 20 million in the face of general quiet on the NFT front.
According to Dune Analytics (on Monday morning, 9:00 UTC), a total of 20,323,749 collectible avatars has been minted since the launch of the project in July...
NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections
12.8.2023
In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution, accounting for 56.35% of the total weekly sales, or roughly $60.23...
Mysterious Crypto Trader Burns Over $4.6 Million in Ethereum and Premium NFTs
11.8.2023
In the latest wave of onchain mystery, enthusiasts of the crypto world have been abuzz with talks about an enigmatic address that has been annihilating millions of dollars in crypto assets, as well as blue chip non-fungible tokens (NFTs). Specifically, on July 26, 2023, this very wallet sent 2,500...
Coca-Cola and Top DAOs Join Coinbase's 'Onchain Summer' Web3 Festival for Base Launch
10.8.2023
Crypto exchange Coinbase has kicked off the multi-week Onchain Summer event to celebrate the launch of its much-anticipated Layer 2 network Base.
The crypto giant said that each week in the series will bring new activations across Web3, including art, music, culture, and gaming.
Companies...
Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
8.8.2023
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht...
FBI Issues Warning on Scam Involving Criminals Impersonating NFT Developers
7.8.2023
The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impersonate these developers on social media by hijacking accounts or using similar...
Ukraine's Game4Ukraine Soccer Match Utilizes Metaverse for Fundraising
4.8.2023
Besides the real-world event, Game4Ukraine, a charity soccer match announced by Ukrainian President Volodymyr Zelenskyy, will also be played at a virtual stadium for the metaverse visitors - featuring exclusive perks.
The celebrity match will take place on August 5 at Chelsea’s Stamford Bridge...
Creator of Record-Breaking NFT Beeple Purchases First PFP NFT: CryptoPunk #4593
3.8.2023
Beeple, the creator of a $69 million non-fungible token (NFT), has bought his very first profile-picture (PFP) NFT - and it's from one of the world's most popular collections, CryptoPunks.
Mike Winkelmann, known as Beeple, bought CryptoPunk #4593 on Tuesday, August 1, for ETH 113.69 ($208,463)...
Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
2.8.2023
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop...
Gucci Material NFT Holders to Redeem for Wallets and Branded Duffle Bags
31.7.2023
Fashion giant Gucci has decided to reward some of its non-fungible token (NFT) holders with special physical items.
This, according to Vogue Business, will be either a Gucci bag or wallet - the type that can't be bought otherwise.
Per the project description, the options are a Gucci bifold wallet...
US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs
30.7.2023
Representatives Gus Bilirakis and Jan Schakowsky, part of the House Innovation, Data, and Commerce Subcommittee, have sent a letter to Apple requiring information and documents regarding Apple’s iOS Appstore policies on blockchain, non-fungible tokens (NFTs), and distributed ledger...
Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide
30.7.2023
This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once...
DeeLance is Decentralizing Freelance Recruitment with Blockchain – How Does it Work?
29.7.2023
DeeLance, a forward-thinking crypto and NFT-based freelancing platform, plans to overhaul the freelance recruitment system by utilizing the transparency and security of the blockchain.
With the presale of its native token $DLANCE concluding in 3 days, this decentralized freelancing solution hopes...
NFTs Created by 99-Year-Old Artist Vera Molnár Sold for $1.2 Million
28.7.2023
Computer-generated non-fungible tokens (NFTs) created by innovative Hungarian artist Vera Molnár sold out for ETH 631.
Per the current prices, this is worth $1,178,520.
'Themes and Variations' collection was created by the 99-year-old Molnár in collaboration with artist Martin Grasser....
Reddit Introduces Largest Gen 4 Collectible NFT Avatar Series 'Retro Reimagined' with Iconic Snoo Character
27.7.2023
Reddit has released the Gen 4 Collectible Avatar series, the largest addition to its limited-edition non-fungible token (NFT) collection yet.
GEN 4, titled "Retro Reimagined", is live in the Shop, the Wednesday announcement said.
"As our biggest drop to date, you’ll notice a lot of familiar...
OpenSea-Backed Americana Offers Public Access to Unique 'Phygital' Vaulting System
24.7.2023
Vaulting platform Americana, backed by the popular OpenSea NFT marketplace, has launched its concierge vaulting, allowing collectors to store, showcase, and sell both physical and digital assets.
On July 21, Americana announced that its vaulting is now open to the public.
According to...
Art for Everyone: Museums and Galleries Embrace Digital Art and AI at Christie's Summit
21.7.2023
Web3 and AI are helping art institutions reach audiences they didn't have access to before, with digital being among the most accessible art forms, argued a panel at the auction giant Christie's 'Art + Tech Summit'.
The annual summit was held in partnership with crypto payments infrastructure...
Arkham Top Trending Cryptocurrency on DEXTools - Does Launchpad XYZ Platform Have More Upside Potential Than ARKM
20.7.2023
When Arkham Intelligence's $ARKM made its debut on July 18 with a price of $0.75, it received a warm welcome and immediately achieved a high of $1.05004.
Although the coin had a promising start, it has since struggled to maintain its bullish momentum as it currently trades at $0.5962, down by 7.5%...
July Sees Surge in Bitcoin NFT 'Ordinal' Inscriptions, Approaching 3.6 Million Monthly Mark
18.7.2023
Bitcoin Ordinal inscriptions volume has recorded a significant rise in July, with the month so far seeing nearly 3.6 million of them, pushing the total number to nearly 18 million.
According to Dune Analytics, following a somewhat calmer period in June, the inscriptions volume has jumped again...