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Damien Hirst Burns $10 Million Live as Part of NFT Project
13.10.2022
English artist and art collector Damien Hirst completed his year-long non-fungible token (NFT) project by starting the burn of $10 million worth of his physical artwork.
Hirst burned a part of the unclaimed physical artworks at his London gallery this Thursday during a live stream.
Asked how...
Stepn Reportedly to Lay Off 100 Employees Amid Market Downturn, Company Denies It
13.10.2022
Play-to-earn game Stepn, which lets users buy non-fungible token (NFT) running shoes and earn native crypto GMT through jogging, reportedly started a major layoff of its contract workers amid a market downturn – but the team behind the app denies firing staff....
Read More: Stepn Reportedly to...
OpenSea NFT Marketplace Launches on Avalanche Blockchain
12.10.2022
Major non-fungible token (NFT) marketplace OpenSea has launched on the layer-1 blockchain Avalanche (AVAX).
The marketplace shared the news via a tweet on Tuesday:
TechCrunch reported that both companies have confirmed the news, saying that OpenSea will operate on the blockchain alongside...
Princess Charlene of Monaco: ‘Web3 Allows Us to Create Assets Worth Collecting’
12.10.2022
In the age in which contactless interactions are encouraged or where society is adopting new ways of making payments, it is thought by some to be imperative for progressive organizations and institutions to move with the times. As history has shown us, organizations quick to learn or embrace...
Bored Ape creators and other NFT projects investigated by SEC probe
12.10.2022
A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.”
Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions
10.10.2022
Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...
Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards
6.10.2022
On Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s Chaos Legion series of cards. The achievement follows the project’s recent partnership with...
Over 300 NFTs From Three Arrows Capital’s NFT Fund Moved by Liquidator to New Wallet
6.10.2022
Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse...
Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community Council
5.10.2022
The non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with “a proven track record”...
New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers
5.10.2022
The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded subscribers by September 28. The data also shows that the top five gamefi projects alone accounted for more...
NFT Collection Veefriends Physical Collectibles to Debut at Macy’s and Toys’R’Us
5.10.2022
In recent times, non-fungible tokens (NFTs) and their physical counterparts have started to debut at well known retail stores and luxury boutiques. On October 4, the NFT project called Veefriends revealed that the team is launching its limited edition series of collectible characters exclusively...
OpenSea Announces Partnership with Warner Music Group
30.9.2022
Music and entertainment company Warner Music Group (WMG) has announced a collaboration with the major non-fungible token (NFT) marketplace OpenSea.
This partnership would “provide a platform for select WMG artists to build and extend their fan communities in Web3,” said the announcement....
Read...
NFT Trading Volume Plummets 97% Since January
29.9.2022
Trading volumes in non-fungible tokens (NFTs) have taken a major dive, dropping nearly a 100% from their all-time high in January this year.
The trading volumes fell 97% from their record high, Bloomberg reported, citing data from Dune Analytics.
More precisely, they fell from $17 billion at...
Robinhood Debuts Web3 Crypto Wallet to 10K Customers — Beta Version Supports Polygon
27.9.2022
The American financial services company headquartered in Menlo Park, California, Robinhood Markets, Inc., announced the launch of a new non-custodial Web3 crypto wallet on Tuesday and said the product supports the Polygon blockchain network. The application is currently for iOS users only...
Is Disney About to Make its Big Crypto Move into NFT, Metaverse and DeFi?
26.9.2022
Though it wouldn’t be its first step in this direction, there is yet another suggestion that the media giant the Walt Disney Company may be gearing up for a major move into the realms of the metaverse, non-fungible tokens (NFTs), and decentralized finance (DeFi).
Disney is looking to hire...
Merchant Crypto Payments: Clever Marketing or Signs of Real Adoption?
24.9.2022
Andrey Diyakonov is the Chief Commercial Officer at Choise.com, a MetaFi (CeFi/DeFi) ecosystem based on Crypterium CeFi solutions and Charism DeFi protocol.__________
Earlier this year, all the news about digital assets was about the ongoing crypto winter, the bankruptcy of lenders and other...
Nifty News: Zilliqa teases Web3 gaming console, Funko teams up with Warner Bros. and more…
23.9.2022
Specifications on Zilliqa’s "user-friendly" console are yet to be revealed, but a prototype design resembling an Xbox console has been released
Coinbase is Giving Away ENS Usernames to Make Crypto Wallet Transfer Easier
22.9.2022
Major crypto exchange Coinbase has announced that it’s been working with decentralized identity infrastructure provider Ethereum Name Service (ENS) to offer Coinbase-managed web3 usernames free to users – enabling them to use that username instead of a traditional address to send and receive...
Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance
22.9.2022
Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens...
US Treasury Begins Public Consultation on How to Regulate Crypto
20.9.2022
The US Department of Treasury is seeking public opinion on the “responsible development of digital assets.” Its questions focus on a variety of crypto-related aspects, including decentralized finance (DeFi), non-fungible tokens (NFTs), mixers, virtual asset service providers (VASPs), and...