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Tron’s Justin Sun Eyes ‘Acquisition’ Move for Tencent’s NFT Division
21.7.2022
The Tron (TRX) founder Justin Sun says that TronDAO, a decentralized autonomous organization (DAO) that governs the Tron network’s development, wants to “acquire” a non-fungible token (NFT) arm of the Chinese tech powerhouse Tencent....
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Gamers Play Different Strategies: Minecraft Says No to NFTs, While Square Enix Unveils Its NFT Project
21.7.2022
The popular sandbox video game Minecraft has banned non-fungible tokens (NFTs) and blockchain innovations from integrating with its platform. On the other hand, Japanese entertainment conglomerate Square Enix has announced its NFT project.
Mojang Studios, the Microsoft-owned developer behind...
NFT Hackers Attack: Influencer Zeneca and Platform PREMINT are the Latest Targets
20.7.2022
Non-fungible token (NFT) influencer Zeneca and NFT registration platform PREMINT are the latest targets of hacking attempts against the NFT community.
Zeneca's social media accounts were compromised on late Tuesday and linked to a fake airdrop for the influencer’s “Zen Academy Founders Pass,”...
CryptoPunk Sales Top Monthly Charts as Other Blue-Chip NFT Collections Slump
19.7.2022
Popular non-fungible token (NFT) collection CryptoPunks has seen a significant increase in sales volume over the past month despite the downturn in the broader NFT market.
Over the past 30 days, CryptoPunks has recorded over USD 63m in sales volume, up by around 112%, according to NFT data...
Yuga Labs Drops Otherside Litepaper — Document Covers the ‘Foundational Principles’ of the Metaverse Platform
17.7.2022
Following the introduction of the Otherside metaverse and the apecoin (APE) launch, Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), published the Otherside’s litepaper. The team says the “document serves as a starter guide for the Otherside...
How Fashion and NFTs Found Themselves in a Beneficial Partnership
17.7.2022
The fashion world has gone for NFTs in a big way. Yes, skeptics may continue to claim that NFTs are “useless,” yet fashion houses seem not to have received the memo, since a growing number of them have begun offering those tokens of ownership as part of their collections and product lines....
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Funko Plans to Launch Jay and Silent Bob NFT Collection via the Digital Collectibles Platform Droppp
16.7.2022
Three months ago, Funko Inc., disclosed that it was entering the non-fungible token (NFT) industry when it announced it acquired a majority ownership stake in the NFT startup Tokenwave. At the time, Funko’s CEO Brian Mariotti explained that “Funko Pop digital NFTs” have...
Give Us Our Money Back: The Issue With Custodial Wallets and the Implications of Halting Withdrawals on Crypto's Reputation
16.7.2022
Julian Liniger is the co-founder and CEO of Relai, a bitcoin-only exchange founded in Switzerland in 2020.
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Having been involved in the crypto and bitcoin (BTC) space for more than five years, I’ve seen how the ups and downs of the market have become the norm.
But recently, things have...
Opensea Cuts 20% of the NFT Market’s Staff, Citing ‘Crypto Winter’ and ‘Macroeconomic Instability’
15.7.2022
The largest non-fungible token (NFT) marketplace by trade volume, Opensea, has announced the company has let 20% of its staff go after CEO Devin Finzer said the layoffs were due to a combination of “crypto winter and broad macroeconomic instability.” Opensea’s decision follows...
Crypto Games Least Affected by Bear Market, VC Investments Remain Strong - DappRadar
15.7.2022
Crypto-based play-to-earn games and game-related non-fungible tokens (NFTs) comprise the least affected sector in all of crypto during the current bear market, with venture capital investments continuing to flow into the sector, a new report from the decentralized app tracking site DappRadar...
Geopoly Launches Alpha Version Of Blockchain-Based Game
14.7.2022
PRESS RELEASE. Geopoly has announced the launch of a blockchain-based alpha version of the game, which will be playable via desktops. This is a game in which players can interact with the blockchain along with their respective Geopoly non-fungible tokens while simultaneously enjoying the gameplay...
Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator Program
14.7.2022
The blockchain company Polygon has been chosen to join Disney’s Accelerator program, according to a Walt Disney Company blog post published on Wednesday. The company’s 2022 Disney Accelerator initiative is a business development program that aims to “accelerate the growth...
NFT market worth $231B by 2030? Report projects big growth for sector
14.7.2022
Continued adoption of non-fungible tokens across a variety of industries from video gaming, music, art, and digital collections could see the sector valued at $231 billion by 2030
NFTs Winning Damien Hirst’s Art Experiment So Far as Over 2,000 Tokens Burned
14.7.2022
As the deadline for Damien Hirst’s The Currency NFT burn is approaching, more and more owners proceed to burn their NFT in exchange for corresponding original work on paper. However, NFTs still seem to be winning this art experiment.
At the time of writing, a total of 2,111 NFTs have been burned...
UK Court Allows Civil Case Claimant to File NFT Legal Documents
13.7.2022
Non-fungible tokens (NFTs) have found a way into the British legal system – just weeks after a similar development in the United States.
Per the legal firm Giambrone & Partners, the High Court of England and Wales granted Fabrizio D’Aloia, an Italian engineer and the Founder of the online gambling...
NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million
13.7.2022
While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed to rise more than 10% higher than the week prior. One particular NFT sale, Cryptopunk #4,464, helped push...
Report: South Africa’s Famed Krugerrands Collection Set to Be Tokenized
13.7.2022
South Africa’s famed Zuid-Afrikaansche Republiek (ZAR) coins or the Krugerrands collection are set to be tokenized and will be available to potential buyers from a price as low as $200. Tokenized coins will be minted by Web3 tech firm Momint and will be available on the firm’s...
Free-to-Mint NFT Hit The Saudis Becomes Second Most Traded Collection on OpenSea over Past Week
13.7.2022
A new free-to-mint NFT project called The Saudis has become the second most traded collection on major marketplace OpenSea over the past seven days.
At the time of writing, the collection has notched over ETH 7,000 (USD 7.4m) in trading volume over the past week, only second to popular...
Blockchain Gaming Publisher Animoca Brands Secures $75M — Firm’s Pre-Money Valuation Rises to $5.9B
12.7.2022
The non-fungible token and blockchain gaming company Animoca Brands has announced the firm has raised $75 million from investors such as Kingsway Capital, Liberty City Ventures, and others. The capital injection of $75 million brings Animoca’s overall pre-money valuation to $5.9 billion....
Playboy Joins The Sandbox Virtual World — Lifestyle Firm’s Metamansion to Feature NFTs and Special Events
12.7.2022
On July 11, Playboy, the lifestyle and entertainment firm founded in 1953, revealed a licensing collaboration with the blockchain-based virtual world The Sandbox. The two companies detailed that the newly formed partnership aims to provide metaverse visitors with a Playboy-themed “social...