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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...
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,...
NFT Weekly Sales Volume Improves Jumping 17% Higher Than the Week Prior
17.3.2022
After cryptocurrency assets jumped in value this week, following the Federal Reserve’s rate hike on Wednesday, non-fungible token (NFT) weekly sales volume data shows an improvement from last week’s sales metrics. At the time of writing, in terms of seven-day sales volume,...
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...
Instagram Is Working on Bringing NFTs to the Platform in the ‘Near Term,’ Says Meta CEO Mark Zuckerberg
16.3.2022
In December 2021, the CEO of Instagram, Adam Mosseri, discussed how the firm was looking into non-fungible token (NFT) technology during an ask-me-anything (AMA) session. Three months later, at the South by Southwest (SXSW) event in Texas, Meta’s CEO Mark Zuckerberg explained Instagram plans...
NFTs Coming to Instagram in ‘Several Months’ as Metaverse is 'Next Chapter of the Internet' - Zuckerberg
16.3.2022
Meta-owned major photo and video social network Instagram might start supporting “some” NFTs “over the next several months,” according to multiple reports, citing Meta CEO Mark Zuckerberg. He also stressed the importance of the metaverse for his company....
Read More: NFTs Coming to Instagram...
NFT Market Continues to Outperform Crypto Despite Correction – Nansen
15.3.2022
The market for non-fungible tokens (NFTs) has outperformed the broader crypto market this year both when measured in ethereum (ETH) and US dollar terms, according to the Ethereum-focused data analytics firm Nansen....
Read More: NFT Market Continues to Outperform Crypto Despite Correction...
Three Winners Solve Larva Lab's Puzzle to Get a Meebit and ETH 0.025
15.3.2022
Three smart winners have managed to crack a puzzle created by Larva Labs, the creators of the popular non-fungible token (NFT) projects CryptoPunks and Meebits, obtaining a 64-digit string that turned out to be an Ethereum (ETH) private key for an address containing ETH 0.025 (USD 64) and...
NFTs Will Become 'Critical Pieces' of Sports Industry - PwC
14.3.2022
Non-fungible tokens (NFTs) are poised to become "critical pieces of the sports technology infrastructure," PricewaterhouseCoopers LLP (PwC), a multinational professional services network that offers business advisory services, said in its latest report.
Titled 'Sports Outlook 2022,' the report...
Ukrainian Government to Launch an NFT Collection as a 'War Museum'
14.3.2022
The Ukrainian deputy minister of digital transformation, Alex Bornyakov, confirmed that the government will be launching a non-fungible token (NFT) collection, as a historical account of the atrocities currently happening in the country, attacked by Russia.
The Guardian has quoted Bornyakov...
Gwyneth, Shaq, Paris, Eminem — A Deep Dive Into the NFT Collecting Habits of the Rich and Famous
13.3.2022
Over the last year, celebrities have been dabbling in non-fungible token (NFT) collectibles and a few of their purchases have brought them attention. For instance, a number of socialites, luminaries, big-name personalities, and today’s top brass have purchased NFTs from the Bored Ape Yacht...
Yuga Labs Obtains Cryptopunks and Meebits Brands, Gives Commercial Rights to NFT Holders
12.3.2022
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full...
Shelling Out $30K or More in Ethereum — A Look at the Top 5 NFT Floor Prices
12.3.2022
Non-fungible token (NFT) assets have been very popular for well over 12 months and a great number of collections have skyrocketed in value. While interest in NFTs has slid to a four-month low according to Google Trends search queries, a vast quantity of NFTs are still selling for hundreds...
Web 3 Hackers Are Getting Smarter: Here’s How to Stay Safe
12.3.2022
The evolution of technology means that even the Internet itself will continue to evolve. From Web 1.0 to Web 2.0, we are now just getting started on the next iteration of the Internet – Web 3.0.
But even in its development stages, Web 3 already has some security challenges that hackers...
Check These Ukraine NFT Projects Against the Russian Invasion
11.3.2022
Non-fungible token (NFT) art projects made in support of Ukraine have seen a surge in interest lately, with many artists both in Ukraine and elsewhere jumping on the chance to contribute to the cause.
To help readers get an overview of the many projects that now exists where proceeds go...
Stripe’s Support for Crypto is Back, NFT Support Launched As Well
11.3.2022
Payments giant Stripe has launched support for cryptoassets and non-fungible tokens (NFTs), while crypto exchange FTX and its US arm also signed with Stripe for payments and know-your-customer (KYC) services.
Stripe co-founder John Collison announced that:
“Stripe now supports crypto...
eBay to Launch ‘Digital Wallet’, Teases 'Fractionalization'
11.3.2022
The e-commerce heavyweight eBay has claimed that it is exploring the option of adding “new forms of payment” and will launch a digital wallet in the second quarter of the financial year – but has stopped short of announcing any crypto pay-related developments. Meanwhile, the company also made...
Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries
11.3.2022
Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order...