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Daniel announces a split between Yuga Labs and OpenSea
21.8.2023
Daniel Alegre, the Chief Executive Officer of Yuga Labs, has announced that there could be a split between the creators of Bored Ape Yacht Club and an NFT marketplace, OpenSea. This split is the decision of OpenSea to sunset its Operator Filter tool. It was an essential addition introduced...
NFT platform Recur shuts, despite $50M raise & Big Backers
21.8.2023
On Friday, Recur, a startup in the Non-Fungible Token (NFT) space, announced that it would be discontinuing its Web3 platform due to the difficulties of crypto winter. Despite having big names like Hello Kitty and Nickelodeon using its services, Recur’s platform will gradually lose certain...
Yuga Labs Plans to Part Ways with OpenSea NFT Marketplace Following Royalty Model Change
19.8.2023
Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club (BAYC), is set to halt support for OpenSea due to a change in the platform's royalty model.
In a Saturday tweet, Yuga Labs announced that it plans to wind down support for OpenSea following the upcoming removal...
OpenSea NFT Marketplace Implements Changes to Creator Fees and Royalty Rules – Here's What You Need to Know
18.8.2023
The major non-fungible token (NFT) marketplace OpenSea has implemented changes that makes creator fees optional for new collections.
Specifically, the OpenSea said it would retire the Operator Filter, which functioned as an enforcement tool for creator royalties on the platform.
Instead, OpenSea...
OpenSea unleashes optional creator fees and ends royalty enforcement
18.8.2023
A well-known NFT marketplace, OpenSea, has announced changes to its creator fee structure in an effort to support creators and keep up with the evolving NFT market. OpenSea will no longer require creator fees for newly created collections as of August 31. OpenSea is taking a big step forward,...
Philippine National Police Warns Citizens On Axie Infinity’s Play-to-Earn Model, Cites Security Concerns
17.8.2023
The Philippine police has raised alarms on blockchain gaming saying it may be riskier than investing in cryptocurrencies if capitalized by bad actors.
In a new statement, the Philippine National Police Anti-Cybercrime Group (PNP ACG) says citizens should be wary of the risk of being extorted...
“Opportunistic and Baseless” - Yuga Labs and Sotheby’s Respond To Amended Lawsuit From Bored Ape Investors
17.8.2023
Auction House Sotheby’s has responded to the new allegations leveled against it by Bored Ape investors describing it as opportunistic and simply without merit.
The statement comes as the auction house was named in the class action suit against YugaLabs the creators of Bored Ape Yacht Club...
McDonald's Offers Exclusive Grimace NFTs: Collectible, But No Trading Option
17.8.2023
McDonald's Singapore has teamed up with crypto infrastructure startup Bandwagon Labs and local non-fungible token (NFT) artist 'The Hidden Walls' to launch Grimace digital collectibles - soulbound tokens and keepsakes that can be minted for free, but not traded or transferred. ...
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Former President Donald Trump's Crypto Wallet Being Monitored by Arkham Intelligence – Here's What You Need to Know
17.8.2023
Blockchain intelligence firm Arkham Intelligence has revealed that it is now actively tracking the wallet it believes belongs to former President Donald Trump to gather more information.
In a series of Twitter threads on Wednesday, Arkham claimed that Trump is the owner of a cryptocurrency wallet...
FarmVille Creator Zynga Introduces Ethereum NFT Game 'Sugartown'
15.8.2023
Zynga, the creator of the popular FarmVille game, has revealed that Sugartown, its first Ethereum-based non-fungible token (NFT) game, is "coming soon".
"Never forget your roots. Sugartown is building a future inspired by the past and present," the team behind the game said in a tweet.
The...
Coca-Cola’s NFT Masterpieces on Ethereum Base 2
14.8.2023
Coca-Cola has launched its exclusive “Masterpiece” NFT collection on Base, Coinbase’s Ethereum Layer 2 network, marking the company’s entry into the burgeoning non-fungible tokens (NFT) market. The iconic Coca-Cola bottle serves as the unifying theme for this cutting-edge...
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...
The MET Embraces the Metaverse with Roblox to Engage Young Visitors
13.8.2023
The Metropolitan Museum of Art (The Met) in New York has partnered with the popular gaming platform, Roblox, in order to offer a virtual experience for its younger audience.
As part of this collaboration, Roblox users can now obtain digital versions of famous artworks and artifacts for their...
Amazon Prime's NFT Treat: Free In-Game NFTs for Players
10.8.2023
Amazon is offering its 170 million prime subscribers the ability to claim exclusive in-game non-fungible tokens (NFTs) from popular blockchain games such as Mojo Melee and Blankos Block Party (BBP).
As of August 9, Amazon Prime members are being offered a wide collection of NFTs, each conferring...
Artist and Elon Musk Ex-Partner Grimes Made More Money From NFT Sales Than Music
10.8.2023
Claire Elise Boucher, known professionally as Grimes, has raked in around $6 million from her NFT collection.
In a recent interview with technology magazine Wired, the Canadian musician and Elon Musk's former partner confirmed that she managed to make more money off of NFTs than she has made...
y00ts is moving to Ethereum, joining DeGods in the club
10.8.2023
An announcement has come from y00ts with the team stating that it is soon moving up the ladder with Ethereum. This comes months after it concluded its migration to Polygon and secured a grant worth $3 million. A commitment has been made by y00ts to return the funds so that Polygon can redeploy them...
NFT Trader Hanwe Chang's Ingenious Move Nets $1.5 Million on Blur Marketplace – Here's What Happened
7.8.2023
An NFT trader that goes by the name Hanwe Chang has made 800 ETH, worth almost $1.5 million, after tricking a bot into buying his NFTs at elevated prices.
Writing on the social media platform X on this weekend, Hanwe Chang claimed that a bot was copying all of his NFT bids on Blur, a new...
NFT theft declines: Monthly value & volume sees a downturn
7.8.2023
The value of stolen non-fungible tokens (NFTs) experienced a contraction in July compared to the previous month, aligning with a broader trend of waning enthusiasm for NFTs across the market. Blockchain security firm PeckShield reported that approximately $1.73 million of NFTs were stolen in...
NFT Market Slump Hits Artists Hard: Payouts to Creators Plunge 98% as Royalties Slashed
6.8.2023
The NFT market is experiencing a tumultuous slump, with tensions rising between traders and creators of digital collectibles rising amid controversy surrounding royalties.
This friction has resulted from the recent decision by top NFT exchanges, including Blur and OpenSea, to cut royalty rates...
Base to list minted assets on OpenSea
4.8.2023
OpenSea has announced that it will now Base on getting its minted digital assets listed on the platform. Meaning everything that an artist creates at Base will be available on OpenSea for the purpose of purchase and sale. Moreover, the community of the Base Network will have access to all...