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Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs


Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently...

Should You Buy NFT Tokens? A Look at Flow, Theta Network & Parody Coin


One of the main reasons why NFTs gained so much traction last year is because they bring art ownership to the masses, which has traditionally been a privilege exclusive to the rich. NFTs also appeal to millennials, Gen Z, and older generations that value art ownership more, as they have more...

An In-Depth Look at the 5 Most Profitable Bored Ape NFT Traders of All Time


Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales...

5 NFT Trading Strategies For JPEG Traders


  If you don't have a strategy, you cannot successfully invest in or trade any asset – stocks, bonds, crypto, etc. The same rule applies to NFTs. With the boom in the NFT market last year, we have witnessed more investors allocating capital toward NFTs. And with that, numerous NFT investment...

Nifty Gateway to Develop 'Smart TV NFT Platform' with Samsung


  NFT marketplace Nifty Gateway said that together with the electronics giant Samsung it will develop a "first-ever smart TV NFT platform" that can be used to purchase and trade digital art and collectibles. Nifty Gateway, which is owned by the major cryptoasset exchange Gemini, has already...

Axie Infinity Postpones Origin Launch Following Security Breach


  Non-fungible token (NFT) and blockchain-based online video game Axie Infinity (AXS) has postponed a major update as the team seeks to fully investigate the implications of the recent security breach. Axie Infinity: Origin, also known as Battles V3, is a new battle system that will feature...

88% of Surveyed High-Net-Worth Art Collectors Interested in Buying NFTs


  A whopping 88% of high-net-worth (HNW) traditional art collectors say they are interested in buying digital art in the form of NFTs, a new report on the art market for 2022 has found. According to The Art Market 2022 report, which is published jointly by the annual art exhibition Art Basel...

Solana NFTs to Get a Boost with Upcoming OpenSea Support


  Non-fungible tokens (NFTs) based on Solana (SOL), a public blockchain and a rival to Ethereum (ETH), are slated to get a boost as the major NFT marketplace OpenSea prepares to add support for these digital assets. In a Tuesday tweet, OpenSea all but confirmed its intentions to add support...

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