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OpenSea Is Reportedly Being Exploited
24.1.2022
Major non-fungible token (NFT) platform OpenSea is reportedly under attack, with the perpetrator drawing out hundreds of ethereum (ETH).
Security and data analytics company PeckShield said today that OpenSea seems to be experiencing “a front-end issue,” while the exploiter got some ETH...
Elon Musk Criticizes Twitter — Gets Blasted for Using Tesla to Promote Crypto, Dogecoin
23.1.2022
Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service. “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread,”...
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%
22.1.2022
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain...
Fractional NFTs Might Democratize Digital Investing
22.1.2022
2021 has arguably been the year of non-fungible tokens (NFTs). With over USD 10bn in sales, the largely crypto art-driven NFT market could overtake the traditional arts & antique markets in sales by as early as this year.
One of the latest innovations in the NFT market is so-called “fractional...
Twitter Introduces Verified NFT Profile Pics, Sets up Foundation Account
21.1.2022
The social media giant Twitter has taken further tentative steps into the world of Ethereum (ETH) and non-fungible tokens (NFTs) – by moving to allow some users to use verified NFTs as their profile pictures. And the firm has also apparently created an account on the invite-only ethereum-based...
UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’
21.1.2022
The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking...
JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
21.1.2022
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing...
Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature
20.1.2022
Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could...
NFTs Might Reach Facebook & Instagram as Meta Mulls NFT Marketplace - Report
20.1.2022
Facebook and Instagram-owner Meta is reportedly working on its own plans for allowing users to create, trade, and display non-fungible tokens (NFTs) from their social media platforms.
The plans, which have yet to be confirmed, are likely to involve a new feature that would let users display...
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone
20.1.2022
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard...
NFT Infrastructure Moves: OpenSea Acquires Dharma, Coinbase Partners With Mastercard
19.1.2022
The market for non-fungible tokens (NFTs) is off to a strong start in 2022. While this is evident from the increasing number of NFT users and the rising volume of transactions, the recent decisions by some of the industry leaders further strengthen this perspective -- as companies move to make...
Invictus NFT Lab Blazes Trail for a New Fine Art Paradigm
19.1.2022
In our view, blockchain technology and non-fungible tokens (NFTs) present a perfect tool to revolutionize the traditional Fine Art industry, to the benefit of both artists and collectors. With this in mind, the Invictus NFT Lab’s inaugural Out of Africa collection aims to blaze the trail...
Top Crypto Trends to Watch in 2022, According to Pantera’s Paul Veradittakit
18.1.2022
With 2022 already underway and the crypto market still sliding lower, it's an excellent time to take a look at what expectations industry insiders have for the crypto landscape in the year before us.
To help you get some insight into what to expect for the year, we took a look at the main...
Blockchain Firm Animoca Brands Raises $358 Million to Enhance Web3 and the Metaverse
18.1.2022
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year...
NFT Powerhouse Animoca Brands Hits USD 5B Valuation as Winklevoss & Soros Join USD 359M Round
18.1.2022
Major non-fungible token (NFT)-focused company Animoca Brands said reached a valuation of USD 5bn after completing a USD 359m investment round.
The latest investment round for Animoca Brands was led by Liberty City Ventures, with participation from a range of other investors including...
Report: Walmart Trademark Filings Hint at Retailer’s Intent to Produce Metaverse and NFT Concepts
17.1.2022
According to a recent report, the American multinational retail corporation that operates a chain of department stores, Walmart Inc., is seemingly prepping to enter the industry of non-fungible token (NFT) technology and metaverse concepts. Walmart USPTO Trademark Filings Are Littered With...
NFTs and Games Are Not Correlated to Crypto - Research
17.1.2022
A drop in prices of digital assets does not necessarily affect the performance of non-fungible tokens (NFTs) as they continue to soar despite crypto slumps, according to distributed app (dapp) store DappRadar....
Read More: NFTs and Games Are Not Correlated to Crypto - Research
‘Flurry’ of Walmart Patents Show Willingness to Embrace Crypto, NFTs and the Metaverse
17.1.2022
Walmart has developed plans that involve the creation of its own cryptoasset, launch collection non-fungible token (NFT) collections, and (yes, you guessed it) enter the metaverse, per reports citing filings made with the American Patent and Trademark Office....
Read More: ‘Flurry’ of Walmart...
Konami’s Castlevania Anniversary NFT Sale Raises Over $160K
17.1.2022
Konami, a Japanese game developer and software publisher, raised more than $160K in its first foray into the non-fungible token (NFT) scene. This was the result of an NFT auction related to the 35th anniversary of Castlevania, one of its most popular franchises. The end result contrasts with what...
Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application
16.1.2022
According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital...