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Ethereum Scaling Platform Loopring Soars on New GameStop NFT Partnership


  The Ethereum (ETH) layer 2 chain Loopring’s native token LRC is soaring in price today after revealing that the chain is working with the US-based gaming retailer GameStop to develop a new marketplace for non-fungible tokens (NFTs).... Read More: Ethereum Scaling Platform Loopring Soars on...

DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors


  Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less...

Coinbase Pay and Binance Pay: What Are These Solution & How Do They Differ


  Major US-based crypto exchange Coinbase is taking a swing at both traditional payment companies and crypto-native competitors with the introduction of Coinbase Pay. The new solution, however, differs from existing payments solutions from competitors like Binance, for example, as the former is...

6 NFT Use Cases That Will (Probably) Remain After the Hype Dies Down


  After non-fungible tokens (NFTs) exploded in 2021, and images of virtual monkeys and digital punks sold for millions, the onslaught of copycat projects and an influx of self-proclaimed “NFT artists” followed, creating a seemingly unsustainable NFT hype. Combined with rather evident cases of wash...

Bank of Russia Allows Sberbank to Issue Digital Financial Assets


Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market....

Scam Tokens Emerge After ‘Elona’ Musk's Dispute With Chechen Leader


  An online dispute between Tesla and SpaceX chief Elon Musk and the infamous leader of the Chechen Republic, Ramzan Kadyrov, has resulted in the creation of more than 30 token projects trying to capitalize on the intriguing case, with many of them appearing to be outright scams. The tokens...

ApeCoin Soars After Launch, BAYC NFT Prices Pumps and Dumps


  The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it. At 10:13 UTC on Friday, APE traded at USD 14.61,...

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