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A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks
12.4.2024
Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius 2024 Financial Planning Survey has found. The survey report asserts that Baby Boomers have “benefited greatly from housing wealth,” which now accounts...
7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead
11.4.2024
Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world...
8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024
7.4.2024
Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces...
Web3 Quests Aim To Drive Fan Engagement At Real Life Events and Online
6.4.2024
The crypto bull market may be driving a renewed interest in non-fungible tokens (NFTs). According to DappRadar, the NFT sector has seen a 50% surge in trading volume for the first quarter of this year, generating $3.9 billion in revenue. These findings indicate this has been the strongest quarter...
Binance Suspends Bitcoin Ordinals Trading – What’s Going On?
5.4.2024
On April 4, Binance declared that as of April 18, 2024, it will no longer be accepting deposits or transactions of Bitcoin Ordinals. The exchange then gave investors of non-fungible tokens (NFTs) based on Bitcoin the advice to remove their holdings from the NFT marketplace trading platform by...
Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
4.4.2024
In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions...
Logan Paul Fights Back, Says CryptoZoo Project Wasn’t A Scam
28.3.2024
In response to criticism of his controversial CryptoZoo non-fungible token (NFT), Logan Paul insisted in a recent documentary that the idea was legitimate. The documentary provides insight into Logan Paul's viewpoint on the project.
The post Logan Paul Fights Back, Says CryptoZoo Project...
Paradigm, a16z Backed Blockchain Game LootRush Announces New Gaming Subscription
26.3.2024
LootRush, a blockchain start-up backed by venture capital firms Paradigm and Andreessen Horowitz (a16z) is announcing a new gaming subscription which allows its users to access non-fungible tokens (NFTs) from over 500 games on its platform.
The post Paradigm, a16z Backed Blockchain Game LootRush...
Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection
20.3.2024
On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which...
Crypto Drama: Remilia Founder Claims Hacking Amid Ether and NFT Transfers
18.3.2024
Remilia founder has ostensibly fallen victim to a hacking incident involving the unauthorized transfer of substantial amounts of Ether and non-fungible tokens (NFTs).
The post Crypto Drama: Remilia Founder Claims Hacking Amid Ether and NFT Transfers appeared first on Cryptonews
Starbucks Discontinues NFT Program to ‘Prepare for What Comes Next’
17.3.2024
Starbucks has said it will discontinue its Odyssey non-fungible token beta program and members “have until March 25, 2024, to complete any remaining journeys.” Starbucks stated on its FAQ page that it will keep its NFT community in mind and is working to find a place for its members...
U.S. Govt. Study Concludes No NFT-Specific Legislation Needed Yet, Current Copyright Laws Adequate
13.3.2024
The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs)
Jeju Island, South Korea, Eyes NFT-powered Growth
6.3.2024
Jeju Island, a subtropical province off the South Korean mainland’s south coast, says it wants to use non-fungible tokens (NFTs) to transform its economy.
The post Jeju Island, South Korea, Eyes NFT-powered Growth appeared first on Cryptonews
Headband-Wearing ‘Alien Punk’ NFT Sells for $16 Million, Marking Second Highest Cryptopunk Sale
4.3.2024
As the value of cryptocurrencies continues to climb, the second-highest sale of a Cryptopunk non-fungible token (NFT) has been recorded at $16 million, as per onchain records. This sale significantly exceeds its previous purchase price of $7.67 million, which was just three years prior. Ethereum...
Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales
4.3.2024
Bitcoin (BTC) non-fungible token (NFT) sales have outshined Ethereum (ETH) in the past seven days, driven by a sudden surge in Bitcoin Ordinals-based NFT collections.
The post Bitcoin NFTs Eclipse Ethereum with $168.5 Million in Weekly Sales appeared first on Cryptonews
Ordinals Trader Recovers Bitcoin After Fat-Fingered NFT Purchase
1.3.2024
A cryptocurrency trader shared a riveting tale on social media, recounting the accidental purchase of a non-fungible token (NFT) at 1,000% above its listing price. The trader, whose X username is PrincePablos, paid 0.21 BTC (about $12,877) for a Bitcoin Ordinals NFT listed at 0.021 BTC (about...
Gods Unchained Goes Mobile: Play-to-Earn NFT Game Launches on Google Play and Apple App Store
29.2.2024
On Thursday, the creators of the Immutable X-powered non-fungible token (NFT) game Gods Unchained announced that the game is now accessible on mobile devices. The Gods Unchained application has made its debut on both the Google Play Store and Apple’s App Store across the globe. God’s...
VanEck Launches NFT and Digital Assets Market SegMint
29.2.2024
Investment firm VanEck has launched a new non-fungible token (NFT) and digital assets market dubbed SegMint following the successful listing of its spot Bitcoin exchange-traded fund (ETF) in the U.S.
The post VanEck Launches NFT and Digital Assets Market SegMint appeared first on Cryptonews
Blockchain Investigator ZachXBT Retrieves Most of $177K Stolen DeGods NFT Funds
26.2.2024
Pseudonymous on-chain researcher ZachXBT has successfully recovered the majority of funds from the sale of a rare DeGods non-fungible token (NFT).
The post Blockchain Investigator ZachXBT Retrieves Most of $177K Stolen DeGods NFT Funds appeared first on Cryptonews
SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting
25.2.2024
Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible token (NFT) marketplace SBINFT, has said....