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'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...
Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations
24.3.2022
The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator...
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...
Japanese Software Giant Line Plans to Launch NFT Market Next Month
24.3.2022
The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types...
Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech
23.3.2022
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s...
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)...
Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’
20.3.2022
Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from...
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...
Universal Music Group’s Web3 Label Buys Bored Ape for $360K in Ethereum
19.3.2022
On Friday, Universal Music Group’s Web3 label dubbed 10:22PM revealed it purchased the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) #5537 for more than $360,000. 10:22PM says that BAYC #5537 will become the female manager for the first-ever metaverse group. UMG’s 10:22PM...
Bitcoin Ink: Study Shows Interest in ‘Crypto Tattoos’ Jumped 222% in the Past Year
19.3.2022
As cryptocurrencies, bitcoin, decentralized finance (defi), and non-fungible token (NFT) technology experienced extreme growth during the last year, interest in crypto tattoos has risen a great deal. According to a recent study published by Crypto Head, searches for tattoos related...