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Damien Hirst Burns $10 Million Live as Part of NFT Project


English artist and art collector Damien Hirst completed his year-long non-fungible token (NFT) project by starting the burn of $10 million worth of his physical artwork. Hirst burned a part of the unclaimed physical artworks at his London gallery this Thursday during a live stream. Asked how...

OpenSea NFT Marketplace Launches on Avalanche Blockchain


Major non-fungible token (NFT) marketplace OpenSea has launched on the layer-1 blockchain Avalanche (AVAX). The marketplace shared the news via a tweet on Tuesday: TechCrunch reported that both companies have confirmed the news, saying that OpenSea will operate on the blockchain alongside...

Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions


Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the provision of crypto-related services to Russian residents and entities. NFT Platform Dapper Labs Conforms...

Yuga Labs Launches Bored Ape and Mutant Ape Yacht Club Community Council


The non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with “a proven track record”...

New Study Names Gameta as the Gamefi Project With Highest Monthly Subscribers


The latest data from Coin 98 Analytics shows the Web3 gaming platform Gameta as the top-ranked gamefi (the intersection of gaming and finance) project after it garnered 1.85 million recorded subscribers by September 28. The data also shows that the top five gamefi projects alone accounted for more...

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