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Monthly NFT Sales Are 80% Lower Than Last Year, Digital Collectibles Interest Plummeted in 2022
26.12.2022
Like most crypto projects this year, non-fungible tokens (NFTs) felt the pain of 2022’s crypto winter as sales are down a great deal and blue-chip NFTs have been slashed in value. For instance, last month, there was roughly $534 million in NFT sales compared to the $2.77 billion in NFT sales...
Solana Struggles to Remain in the Top 20 as Prior Ties to FTX and Alameda Wounded the Project
16.12.2022
Amid the market chaos within the crypto economy and following the climactic FTX collapse, the crypto asset solana has been one of the hardest hit during the last 30 days. Since FTX’s fallout, the digital currency lost 8.5% over the last month against the U.S. dollar and to date, it’s...
Russia’s Interior Ministry Employs Tool to Identify Crypto Wallet Owners, Track Transactions
10.12.2022
The Russian Ministry of Internal Affairs is now using a digital tool allowing officers to link cryptocurrency wallets to their owners. The software also has a feature facilitating the monitoring of crypto asset transactions, the department told Russian media. Russian Police Brag About New Crypto...
Decentraland launches virtual property renting for LAND owners
7.12.2022
The metaverse platform announced that users who own LAND within Decentraland can officially rent out the rights to the space through the digital marketplace
Miami Nightclub Owners Mourn The Lack of Crypto Rich Customers as Market Prices Crash
1.12.2022
Miami nightclub owners are facing slumping sales and dwindling revenue as crypto rich kids are staying away from the entertainment venues amid the recent collapse of FTX and the broader crypto market downturn.
According to a new report from the Financial Times, nerdy crypto entrepreneurs...
Numerous owners of Imaginary One NFTs purchase Toon Finance!
16.11.2022
If you’ve been searching for different NFTs, you might have learned of the Imaginary One NFTs. Because of their recently released 3D NFTs, they have been discussed. Among the many NFT holders that followed the Toon Finance pre-sale were the Imaginary One NFT holders. Even during its pre-sale...
Gym owners aim to bring NFT memberships to wellness clubs
8.11.2022
NFT membership models are being leveraged to solve challenges faced by the fitness industry
BTC Ownership in Canada Rises Sharply in 2021, Bank of Canada Study Shows 13% of Canadians Own Bitcoin
15.10.2022
This week researchers from the Bank of Canada published the central bank’s Financial System Review which highlights five key statistics tethered to Canadian bitcoin owners. According to the Bank of Canada’s metrics, 13% of Canadians own the leading crypto asset bitcoin,...
Web3 Firm Chain Reveals Multi-Year Partnership With the New England Patriots
23.9.2022
The Web3 software solutions company Chain announced the company has partnered with Kraft Sports + Entertainment, the owners and operators of the New England Patriots, New England Revolution, Gillette Stadium, and Patriot Place. Chain details that the multi-year deal will allow the company to serve...
Ripple Says XRP Owners Have no Rights or Contract So Token is Not A Security
20.9.2022
Source: AdobeStock / MigrenArt
As US blockchain company Ripple continues its legal battle against the US Securities and Exchange Commission (SEC), the fintech intends to build its legal strategy on a claim that its token, Ripple (XRP), cannot...
Business owners should get off PayPal and move to the blockchain
18.9.2022
Cryptocurrency platforms offer lower fees and more convenience than their corporate competitors. That’s a boon for entrepreneurs
As the Gun Market Moves to Crypto, Deeply Private Owners Reveal More Than They May Know
31.8.2022
While lobbyists don’t want the government to track guns with a registry, the blockchains driving crypto act like one. This piece is part of CoinDesk’s Sin Week
More Than a Third of Africa’s 53 Million Crypto Owners Are From Nigeria, Study Shows
30.8.2022
With an estimated 53 million cryptocurrency owners, the African continent now accounts for 16.5% of the global total, a study has found. The study findings suggest that Nigeria, which has more than 22 million crypto owners, currently accounts for more than a third of the continent’s total...
South African Cryptocurrency Ownership Rate at 10% — Report
26.8.2022
With a cryptocurrency ownership rate of 10%, or four million people, South Africa “ranks 18th out of 26 countries for crypto adoption,” the latest Finder’s report has said. The report also noted that South Africa’s proportion of crypto owners holding bitcoin, 52%, is...
Yuga Labs Officially Releases IP Rights Tied to Cryptopunks, Meebits NFTs — Galaxy Digital Report Criticizes BAYC License
20.8.2022
Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has officially released the intellectual property (IP) rights tied to the Cryptopunks and Meebits NFTs. The company acquired the IP rights to the NFT collections in mid-March 2022, and owners can...
Solana Suffers Exploit — Close to 8,000 SOL-Based Wallets Have Been Compromised
3.8.2022
The Solana smart contract project is suffering from issues once again after it was discovered that close to 8,000 Solana-based wallets have been compromised. Solana is asking victimized wallet owners to complete a survey and the team stressed that “engineers are investigating the root...
Biggie Smalls NFT Collection Sells Out in 10 Minutes, Owners Get Licensing Rights to Unreleased Freestyle
27.7.2022
On Tuesday, the Christopher Wallace Estate, managers of the Notorious B.I.G.’s music, fashion, film, and unreleased archives, dropped a collection of 3,000 non-fungible tokens (NFTs) that sold out in ten minutes. The digital collectibles were dropped via the NFT platform Oneof, and owners...
FBI Warns Crypto Owners Not to Fall for ‘Liquidity Mining Scam’
26.7.2022
The Federal Bureau of Investigation (FBI) has warned crypto investors about a scam using an investment strategy called liquidity mining. “This scam has been responsible for over $70 million in combined victim losses,” said the law enforcement agency. FBI Warns of Crypto Liquidity...
Many Final Fantasy VII Remake Digital Owners Can't Play The DLC On PS5
20.7.2022
Those with PlayStation Extra or Premium memberships eager to catch up on the events of Final Fantasy VII Remake’s DLC, Intermission (god, these names) might be out of luck if they got a digital version of the base Final Fantasy VII Remake on PlayStation4 or 5. Read more
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...