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Immutable Raises $200 Million in Temasek-Led Series C, NFT Startup Now Valued at $2.5 Billion
7.3.2022
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming...
Pharmacy Chain CVS Files for ‘Crypto-Collectible’ and NFT Trademarks
6.3.2022
The American retail and pharmacy corporation CVS is looking to enter the metaverse according to trademark filings registered with the United States Patent and Trademark Office (USPTO). The filings mention things like CVS Health-brand “downloadable virtual goods”...
NFT Sales Tumble 29% This Week, Searches for Metaverse-Related Terms Plunge
5.3.2022
The past week’s non-fungible token (NFT) sales have dropped again, following the last few weeks of diminishing volumes. Across 14 blockchains that support NFTs, sales have slipped 29.46% lower than the week prior. Despite the drop in NFT sales volume, NFT sales stemming from the Arbitrum...
Attacker Hacks Arbitrum’s Treasure DAO for Over 100 NFTs by Leveraging Marketplace Exploit
4.3.2022
A non-fungible token market platform built on top of Arbitrum called Treasure DAO was hacked on March 3 at 7:33 a.m. (EST), according to a post mortem analysis authored by the security-focused firm Certik. The company’s report notes that “over 100 NFTs were stolen in...
Billboard and Universal Music Group Partner to Launch Flow-Based NFT Collectibles
4.3.2022
On March 2, the global music media brand Billboard announced the firm has partnered with Universal Music Group (UMG) in order to launch a non-fungible token (NFT) project called Chartstars. According to Billboard, the Chartstars project will be Billboard’s first NFT product focused on music...
Brooke Shields, MAKE International, Casper Association and WISeKey Unveil First Secure NFT Minted From Space Featuring Shields’ Digital Imagery
3.3.2022
PRESS RELEASE. NASDAQ and Times Square, New York – March 3, 2022: Brooke Shields, Make International and CasperAssociation have joined forces with leading global cybersecurity, AI, Blockchain and IoT company WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ:...
Gabe Newell’s Problem Isn’t With NFTs Or Metaverse, But The ‘Bad Actors’ Behind Them
3.3.2022
Valve co-founder and president Gabe Newell has given his two cents on the gaming world’s interest in NFTs and the metaverse.Read more
Leaked Images Suggest Opensea Plans to Add Solana-Based NFT Support
3.3.2022
Leaked images that allegedly derive from the leading non-fungible token (NFT) marketplace Opensea indicate that the platform may soon introduce Solana-based NFTs. The images were discovered by the tech blogger Jane Manchun Wong who is well known for leaking information about yet-to-launch features...
Ebay CEO Talks NFTs and Crypto, Exec Says Company Continues to ‘Evaluate Other Forms of Payments’
28.2.2022
The president and chief executive officer of Ebay, Jamie Iannone, discussed the possibility of digital currency acceptance on the online auction website and non-fungible token (NFT) sales in a recent interview published on February 27. Iannone stressed that currently, Ebay doesn’t accept...
Japanese Online Retail Giant Rakuten Launches NFT Marketplace
28.2.2022
Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling...
Adult Film Star Lana Rhoades Deletes Twitter Account After NFT Project Was Criticized
26.2.2022
Adult film star Lana Rhoades is being criticized for her non-fungible token (NFT) project called “Cryptosis,” after $1.5 million of ethereum from the mint was withdrawn from the project’s wallet. The crypto withdrawal took place after Rhoades told her fans that the NFTs would...
Weekly NFT Sales Continue to Slide, Google Trends Data Shows NFT Queries Down 45% in 30 Days
25.2.2022
Following a lackluster week that saw non-fungible token (NFT) sales slip by 29.35% last week, the last seven days of NFT sales have dropped further losing more than 7%. Out of 12 different NFT-supporting blockchains, Solana was the only gainer, in terms of NFT sales during the past week. NFT Sales...
Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles
25.2.2022
On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event. It seems “0x650d,” the owner of the Cryptopunks NFTs...
Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO
23.2.2022
On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active...
'Hacker' Steals NFTs 'Worth' Millions From Opensea Marketplace
21.2.2022
Web3, the famously decentralised internet technology that has centralised much of the NFT marketplace into a single shopfront (Opensea), woke over the weekend to find that the site had reportedly been compromised, and loads of precious NFTs stolen.Read more
Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales
20.2.2022
This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time...
Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack
20.2.2022
Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet...
Webbland Metaverse Sales Jump 126% as 2 Penthouses Sell for Six-Figures
20.2.2022
While blockchain virtual worlds have seen significant demand during the last few months, an “interoperable pixel metaverse” project called Webbland has seen weekly NFT sales spike by 126.24%. The project recorded over $3.6 million in sales over the last seven days, and two Webbland...
Final Fantasy XIV Producer Promises 'No NFTs' But Does Find The Concept Of Them 'Interesting'
20.2.2022
If you are someone who loves playing Final Fantasy XIV, but who hates the idea of NFTs, then you’ll be happy to hear that it seems unlikely the two will mix. According to the game’s producer and director Naoki Yoshida, NFTs aren’t coming to the popular MMO anytime soon. However, Yoshida did explain...
As Virtual Real Estate Gets Pricey Terrazero Technologies Provides Metaverse Mortgages
19.2.2022
While the metaverse has become very popular, virtual land sales have seen significant demand in recent times. Virtual real estate has become expensive, in comparison to the prices 12 months ago, and virtual parcels stemming from a couple of blockchain metaverse projects have sold for seven figures....