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How Binance NFT Is Building the No․1 Gaming Metaverse
27.12.2021
Video games, the Metaverse and NFTs. Binance NFT has become the largest centralized gaming NFT marketplace. See what the team has accomplished and how Binance NFT is building the Gaming Metaverse. Main Takeaways: Since June, Binance NFT has become the world’s largest centralized NFT gaming...
DeFi Trends in 2022: Growing Interest, Regulation & New Roles for DAOs, DEXes, NFTs, and Gaming
26.12.2021
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The decentralized finance (DeFi) sector has grown spectacularly in 2021, feeding into the growth of the wider crypto market which in turn has fed into it. It now accounts for more than USD 200bn in total value locked in, having stood at around USD 22bn on January 1....
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Dogecoin Foundation Says It’s Working With Ethereum’s Vitalik Buterin on a Staking Concept
25.12.2021
According to the Dogecoin Foundation, the organization is working with Vitalik Buterin on constructing proof-of-stake (PoS) capabilities for the Dogecoin network. The “uniquely Doge proposal” is aimed at bolstering a “community staking” version of the protocol. Dogecoin...
Japanese Tax Body Updates Crypto Guidelines for Staking and Lending, but Not NFTs
25.12.2021
Japan’s tax body – the National Tax Agency – has updated its crypto FAQs, addressing issues including staking and crypto lending. But the body has made no mention of non-fungible tokens (NFTs) or token airdrops – a sign that it does not currently consider NFT trading or airdrops taxable....
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30 Day NFT Sales Continue to Run Hot With Punks and Apes, Metaverse Trade Volume Skyrockets
24.12.2021
The number of recorded non-fungible token (NFT) sales during the last 30 days consisted of roughly 362,374 sales. During the past 30 days, the leading NFT marketplace Opensea processed $2.39 billion, up 22.88% since last month. Decentraland volume jumped 192% since last month reaching more than...
Kraken Set To Let Users Borrow Funds Against Their NFTs
24.12.2021
US crypto exchange Kraken is working on a new functionality which would enable its users to borrow funds against their non-fungible tokens (NFTs), according to the company's CEO, Jesse Powell.
“If you deposit a CryptoPunk on Kraken, we want to be able to reflect the value of that in your...
Accounting Firm PWC’s Hong Kong Branch Purchases Land in The Sandbox Metaverse
23.12.2021
On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse. PWC Hong Kong Enters the Metaverse...
3 embroidery artists weave NFT charity drop to help victims of human trafficking
23.12.2021
Hope For The Future offers support and the opportunity of a new start to people affected by human trafficking or sexual exploitation
Insiders Predict: NFTs the 'Gateway Drug to Crypto', More Countries May Adopt Bitcoin in 2022
23.12.2021
With 2022 fast approaching, more leaders in the crypto space have looked into the crystal ball to try and predict what the new year will bring in terms of new trends, emerging narratives, and regulations around the world.
According to the industry insiders Cryptonews.com spoke with, a number...
Global search interest for 'NFT' surpasses 'crypto' for the first time ever
23.12.2021
Cointelegraph Research predicts that nonfungible token sales could eclipse $17.7 billion by the end of 2021
Defi Marketplace and NFT Platform Arcade Raises $15 Million in Series A Funding Round
23.12.2021
The decentralized finance (defi) marketplace, non-fungible token (NFT) financialization platform, and lending application Arcade has announced the company has closed a Series A investment round for $15 million. Just recently, Arcade facilitated an onchain loan of $800,000 against an NFT portfolio...
Hong Kong NFT project Monkey Kingdom loses $1.3M in phishing hack, launches compensation fund
22.12.2021
The exploited nonfungible token project is looking to make things right before the holidays with the help of a compensation fund
Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price
22.12.2021
The two most traded nonfungible token collections vie for the top spot in sales with BAYC in the lead, according to OpenSea
MetaMask to Add Support for NFTs
22.12.2021
MetaMask, a popular cryptocurrency wallet designed in the form of a browser extension, has unveiled its yet-to-be-launched in-app non-fungible token (NFT) extension.
"The elves in our workshop are putting the finishing touches on the collectables feature on Extension to be at parity with...
Terabithia cross-chain protocol bridges Internet Computer and Ethereum
22.12.2021
The bridge allows users to transact Ethereum native assets at faster speeds with lower cost and store them directly on-chain
China’s Xinhua News Agency to Issue NFTs Despite Crackdown on Crypto
22.12.2021
Xinhua, the official news agency of China, is going to issue an NFT collection with photographs depicting historic moments of the passing year. The initiative, which comes amid an ongoing crypto crackdown, is seen as a boost for blockchain, the technology that also underpins cryptocurrencies....
Game Developers GSC Game World and Ubisoft Face Backlash About NFT Inclusion
22.12.2021
GSC Game World and Ubisoft, two game development companies, are dealing with backlash about the inclusion of NFT elements in some of their games. While GSC Game World — developer of the popular Stalker gaming franchise — has abandoned its plans in this regard, Ubisoft is pushing...
Chinese Communist Party's Mouthpiece Endorses NFTs in a Surprise Move
22.12.2021
Xinhua, the news agency of the Chinese Communist Party (CCP), has announced that it will release a set of non-fungible tokens (NFT) later this week as part of a “metaverse” move.
While media outlets releasing NFTs does not really class as news nowadays, this is not true in the case of a...
The Broadening Horizon for Non-Fungible Tokens Beyond Digital Art & Collectibles
22.12.2021
The non-fungible token (NFT) fever is at its peak. As prominent market players, including influencers, musicians, artists, even mainstream businesses, entered the NFT scene, minting their own NFTs across different verticals, the market capitalization and annual sales volume within this...
The Power of NFTs in Music Distribution
21.12.2021
Mattias Tengblad is the co-founder and CEO of Corite, a Stockholm-based digital music distributor; Emil Angervall is the co-founder and Chief Operating Officer of Corite.______...
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