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One Week After Launch, ApeCoin Is Now a Yield-Bearing Asset As Nexo Adds 'Full-Fledged APE Wallet'
29.3.2022
Holders of ApeCoin (APE), the newly launched governance and utility token of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) ecosystem, can now for the first time earn a yield.
Yield for ApeCoin holders will be made available through the crypto lending and borrowing platform Nexo...
Another Expensive NFT Gets Mistakenly Sold at Large Discount - How Does That Happen?
29.3.2022
Another very popular and pricy non-fungible token (NFT), this time Bored Ape #835, an item in the popular NFT collection Bored Ape Yacht Club (BAYC), has been sold for a fraction of the collection's floor price -- and the community is debating what may be behind it. ...
Read More: Another...
Former Mt. Gox CEO Releases ‘Commemorative’ NFT Collection
28.3.2022
The CEO of the now-defunct bitcoin (BTC) exchange Mt. Gox has announced a “commemorative” non-fungible token (NFT) collection for users and creditors of the infamous trading platform
Writing on Twitter on Monday, former Mt. Gox CEO Mark Karpelès said that NFTs will be airdropped for free...
Zilliqa Rises on Metapolis' Partnership with Photo Sharing App Agora
28.3.2022
The metaverse-focused Layer 1 blockchain Zilliqa’s native token ZIL rose in price today after news that a virtual world built on it has partnered with the photo-sharing and awards app Agora....
Read More: Zilliqa Rises on Metapolis' Partnership with Photo Sharing App Agora
'Anything is Possible in Metaverse': Decentraland's Fashion Week Attracts 60+ Designers, Brands & Artists
25.3.2022
The metaverse continues to infiltrate the high-end fashion industry, with Decentraland, one of the most popular emerging virtual worlds, hosting the Metaverse Fashion Week between March 24 and 27, which will include more than 60 brands, artists, and designers.
The participants and visitors...
80s Icons Madonna, Stallone Carve Out a Slice of the NFT Pie – And Beckham’s Keen, Too
25.3.2022
If you’re aching after the Eighties, the non-fungible tokens (NFTs) world – and some of the biggest celebs from the decade that fashion forgot – would like a word with you. And when they’re done, Nineties throwbacks are next in line.
*Editor’s warning: If cringeworthy 80s-themed puns aren’t...
Ukraine Launches NFT Museum of War to Help its Army and Civilians
25.3.2022
Today, Ukraine launched an "NFT museum" - Meta History: Museum of War - in order to raise additional funds to support its army and civilians, attacked by Russia. NFT sales are estimated to start in four days....
Read More: Ukraine Launches NFT Museum of War to Help its Army and Civilians
NFT Minting is Increasingly Competitive, But One in Three NFTs End Up Dead - Nansen
25.3.2022
The minting of non-fungible tokens (NFTs) is becoming increasingly competitive, with more new projects created and the cost to mint new NFTs being cut. However, a number of NFTs minted still end up as part of a “dead collection” with no trading activity -- though, notably, the proportion of such...
NFT Rental Has Major Growth Potential as 'Airbnb of the Metaverse' - Analysts
24.3.2022
The non-fungible token (NFT) rental marketplace is demonstrating a major potential for growth, meriting a close watch as the “Airbnb of the metaverse,” according to a recent report by Asian digital asset platform Matrixport.
Observing the current landscape, said the report, NFT financialization...
Ethereum Scaling Platform Loopring Soars on New GameStop NFT Partnership
23.3.2022
The Ethereum (ETH) layer 2 chain Loopring’s native token LRC is soaring in price today after revealing that the chain is working with the US-based gaming retailer GameStop to develop a new marketplace for non-fungible tokens (NFTs)....
Read More: Ethereum Scaling Platform Loopring Soars on...
Digital Collectibles Marketplace VeVe Loses 'Large Amount of Gems' in an Exploit
23.3.2022
VeVe, an app-based marketplace for licensed digital collectibles, has announced that it has become a victim of an exploit which resulted in the loss of a number of "gems."
"We have become aware of an exploit of our systems which resulted in a large amount of gems being acquired illegitimately,"...
Paris Saint-Germain Soccer Club Files Trademark Application to Get Into the Metaverse and NFTs
23.3.2022
The PSG (Paris Saint-Germain) FC, a soccer club in Europe, has taken its first steps to building an online presence in the metaverse. The club has filed a series of trademark applications to register its name in order to offer a number of services, including software, memorabilia, and articles...
ApeCoin Smart Contract Exploited, ‘Well-Prepared Claimer’ Walks Away With USD 380K
22.3.2022
A Bored Ape Yacht Club (BAYC) non-fungible token (NFT) owner has reportedly exploited a vulnerability in the smart contract that airdropped ApeCoin (APE) tokens to community members, walking away with nearly USD 380,000 in profits....
Read More: ApeCoin Smart Contract Exploited, ‘Well-Prepared...
DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors
22.3.2022
Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
22.3.2022
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission. Malaysian Ministry...
Coinbase Pay and Binance Pay: What Are These Solution & How Do They Differ
21.3.2022
Major US-based crypto exchange Coinbase is taking a swing at both traditional payment companies and crypto-native competitors with the introduction of Coinbase Pay. The new solution, however, differs from existing payments solutions from competitors like Binance, for example, as the former is...
BitMEX Finally Welcomes Ethereum as Spot Platform Nears; Launching APE Perpetual Futures Market
21.3.2022
Major crypto derivatives exchange BitMEX is finally embracing ethereum (ETH), telling its customers that they can now make deposits, withdrawals, and trades using the coin, and that more coins will be added “over the coming weeks.”
Up until today, BitMEX has only dealt with bitcoin (BTC)...
6 NFT Use Cases That Will (Probably) Remain After the Hype Dies Down
19.3.2022
After non-fungible tokens (NFTs) exploded in 2021, and images of virtual monkeys and digital punks sold for millions, the onslaught of copycat projects and an influx of self-proclaimed “NFT artists” followed, creating a seemingly unsustainable NFT hype. Combined with rather evident cases of wash...
ApeCoin Soars After Launch, BAYC NFT Prices Pumps and Dumps
18.3.2022
The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection’s new utility and governance token ApeCoin (APE) was airdropped to holders of NFTs in the BAYC ecosystem on Thursday, soaring in price as major exchanges rushed to list it.
At 10:13 UTC on Friday, APE traded at USD 14.61,...
Bored Ape Yacht Club and MetaMask Join the Altcoinization Bandwagon
17.3.2022
Popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) and Ethereum (ETH) wallet MetaMask have confirmed their respective plans for tokens and decentralized autonomous organizations (DAOs) in a bid to reward some early adopters....
Read More: Bored Ape Yacht Club and MetaMask...