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NFT-Collateralizing South African Startup Raises $5 Million in Latest Seed Round
19.11.2021
A South African startup, NFTfi, is reported to have recently raised $5 million which the company intends to use for boosting its business of collateralizing non-fungible tokens (NFTs). Cryptocurrency Loan Marketplace According to a Techcrunch report, NFTfi’s $5 million capital raise was...
Aussie Programmer Creates 'Educational' Pirate Bay For JPEG Versions of NFTs
19.11.2021
Amid a rapidly rising interest in non-fungible tokens (NFTs) across the world, Australian software developer Geoffrey Huntley has uploaded nearly 18 terabytes of digital artwork copies to a server, creating a new torrent site where anyone can download them - as a 'lesson' on NFTs. ...
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Kucoin Labs Launches $100 Million Metaverse Investment Fund
19.11.2021
Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include...
Xbox Boss Phil Spencer Addresses Rise of NFT Gaming; Feels Some of It Is “Exploitive”
19.11.2021
Phil Spencer, executive vice president of gaming at Microsoft and the individual responsible for the Xbox program, has addressed the NFT gaming phenomenon trending recently. To Spencer, some of the platforms that leverage the use of NFTs feel more exploitive than entertaining. Some of the biggest...
Torrent Website Called The NFT Bay Reignites Controversy Over Non-Fungible Tokens
19.11.2021
There’s a new website the crypto community has been discussing called The NFT Bay, a web portal that operates in a similar fashion to The Pirate Bay (TPB), because the platform hosts a huge selection of NFTs stemming from various blockchain platforms for free. On Thursday, the...
1.2M users flock to NFT Pirate Bay for artwork archive
19.11.2021
An Aussie software developer has created "The NFT Bay" containing an archive of NFT copies to show they are “nothing more than directions on how to access or download an image.”
South Korea's leading blockchain facing greater competition in NFT market
19.11.2021
South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as Polygon
xSigma’s MaximNFT to Launch Beta in Late November, Including NFT Collections From Brian Tracy and Numerous NFL Players
18.11.2021
PRESS RELEASE. WENZHOU, China/PRNewswire/ — ZK International Group Co., Ltd’s (Nasdaq: ZKIN) (“ZKIN”, “ZK International” or the “Company”), and its subsidiary xSigma Collectibles (“xSigma”), is pleased to announce the launch...
Play-to-Earn Games Offer Alternative for Unbanked in South East Asia
18.11.2021
Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia...
Report: Leading NFT Marketplace Opensea Presented With $10 Billion Valuation, Investors Are ‘Clamoring’
18.11.2021
On November 17, a report disclosed that the leading non-fungible token (NFT) marketplace, Opensea, is “fielding new investment offers” according to two unknown sources familiar with the matter. The investment could propel Opensea’s valuation by six times to a $10 billion market...
Someone Right-Clicked Every NFT In The Heist Of The Century
18.11.2021
Hours ago, a website appeared online with the express purpose of hosting a nearly 20TB torrent (that’s terabytes, folks, the big boys of digital data measurement) containing every NFT available through the Ethereum and Solana blockchains.Read more
Watch: Polygon's Co-founder On 'Holy Grail' of Scaling, Ethereum Merge, NFTs, and More
18.11.2021
Polygon (MATIC), a layer 2 (L2) scaling solution for Ethereum (ETH), will continue to focus on zero-knowledge (ZK) technologies as the team believes it is “the ultimate holy grail for blockchain scaling,” Polygon’s Co-founder and Chief Operations Officer (COO) Sandeep Nailwal said in an exclusive...
Bipartisan Bill Aims to Fix Infra Bill, TIME Holds Ethereum + More News
18.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bipartisan Bill Aims to Fix Infra Bill, TIME Holds Ethereum + More News
Li Rongbin, Founding Partner of SevenX Ventures, Explains Where the Metaverse and NFT Market Are Heading
18.11.2021
SevenX Ventures is a community and research-driven blockchain investment firm built alongside entrepreneurs. They invest in blockchain startups and projects shaping the future of open finance and decentralized networks. Their portfolio covers more than 100 projects, including DeFi (DODO, Zerion)...
NFTs Still Face Legal Challenges, But More Clarity Expected Soon
18.11.2021
Non-fungible tokens (NFTs) are currently facing some legal challenges, but more clarity on how the digital collectibles will be treated from a regulatory standpoint could be coming soon, panelists at a virtual seminar hosted by crypto tracking website CoinGecko agreed....
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Cointelegraph Consulting: Is OpenSea an undervalued NFT marketplace?
18.11.2021
OpenSea’s transaction volume, which recently surpassed $10 billion, makes it the clear leader in the NFT boom of 2021
Project Venkman Announces Acala as Technology Partner
18.11.2021
Acala and Project Venkman recently announced a partnership to launch new brand engagement solutions. Acala will use on-chain NFT and loyalty points to assist the eCommerce engagement services provider. The partnership will start with Project Venkman’s first customer, theCHIVE, boasting 10 million...
Younger OpenSea is Reportedly to be Valued More Than Crypto OG Gemini
18.11.2021
Non-fungible token (NFT) markeplace OpenSea is reportedly set to be valued more than crypto exchange and industry senior Gemini.
OpenSea is seeing new investment offers that could result in its valuation increasing some six times, to USD 10bn - or even higher, reported The Information, citing "two...
Liquidity Premium a Driver of NFT Prices and Value
17.11.2021
A “liquidity premium” is driving up non-fungible token (NFT) prices – as these tokens “can meet more demand” than physical goods in the “real world,” according to Alex Svanevik, the CEO of the blockchain analytics platform Nansen.
Today, he was speaking at a CoinGecko-run conference named “NFTs...
Bacon Protocol offers industry-first ‘NFT mortgages’
17.11.2021
Blockchain technology and smart contracts are helping to expand the residential mortgage market beyond the grip of big banks and governments