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Leading NFT Marketplace Opensea Raises $300 Million, Firm’s Post-Money Valuation Taps $13.3 Billion
5.1.2022
Leading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands...
Martial Arts Icon and Philosopher Bruce Lee Commemorated in NFT Collection Endorsed by Family Company
5.1.2022
While many celebrities have launched non-fungible token (NFT) collections, a number of NFT compilations have featured luminaries who have passed away. Legends such as Jerry Garcia, Kurt Cobain, Muhammad Ali, Elvis, Tupac, and more have been featured in NFT collections. This Saturday, Ethernity...
OpenSea Boosts Valuation 9X as This NFT Giant Sets Four Strategic Goals
5.1.2022
The biggest non-fungible token (NFT) marketplace, OpenSea, increased its valuation almost ninefold in six months as it raised USD 300m to fund four of its expansion goals.
The company said it was valued at USD 13.3bn in a Series CE funding round, led by Paradigm and Coatue among other new...
Adidas Originals NFT Compilation Enters Top 50 Collections by Volume, Close to $60M in Sales in 18 Days
4.1.2022
Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation has surged into the top 50 NFT collections in terms of sales. Adidas NFT Collection Sees...
Netgear’s Digital Art Frames Will Support NFTs, Owners Can Connect Metamask to Meural Platform
4.1.2022
At the Consumer Electronics Show (CES) in Las Vegas, multinational computer networking company Netgear, based in San Jose, California, showcased the company’s Meural digital art frames. According to an announcement, Netgear has added non-fungible token (NFT) tech support, and the Metamask...
OpenSea Sees Massive Volume, Collections Gain Popularity as NFTs Boom in 2022
4.1.2022
After a record-breaking year in 2021, the market for non-fungible tokens (NFTs) is still not showing any signs of slowing, with NFT marketplace OpenSea seeing one of its best days on record on Monday, and sales of the popular Bored Ape Yacht Club collection crossing the USD 1bn mark....
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Crypto Community Stumped After Melania Trump ‘Shills’ Bitcoin (And Her NFT project)
4.1.2022
The crypto world has reacted with a mixture of shock, mirth, and incredulity after the former First Lady of the United States Melania Trump took to Twitter to, as some media outlets put it, apparently “shill” bitcoin (BTC) on the anniversary of Bitcoin Genesis Block Day....
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Smart TVs and NFTs Collide: Samsung Introduces World’s First Television-Based NFT Platform
3.1.2022
The well known electronics giant Samsung, the manufacturer of LCD and LED panels, laptops, mobile phones, memory chips, and televisions, revealed that the firm’s upcoming smart TVs will incorporate non-fungible token (NFT) technology. Samsung Reveals Smart TV With NFT Capabilities One of...
Presidential Candidate in South Korea to Raise Funds in Cryptocurrency, Issue NFTs
3.1.2022
Lee Jae-myung, nominated by the ruling party in South Korea for the upcoming presidential elections this spring, is preparing to raise funds in cryptocurrencies and issue non-fungible tokens for supporters. His campaign hopes that the initiative will woo young and tech-savvy Korean voters whose...
Samsung Reveals TVs That Will Let Owners Trade NFTs
3.1.2022
The South Korean electronics giant Samsung has announced that its Consumer Electronics Show (CES) offerings for 2022 will include a range of TVs fitted with an app that lets users browse, buy and sell non-fungible tokens (NFTs).
In an official release, Samsung explained that the app would...
Vitalik Buterin Over the Past Decade: How Right or Wrong Was He?
3.1.2022
Ethereum (ETH) co-founder Vitalik Buterin has summarized his crypto-related predictions over the last decade, revisiting his past stances towards various subjects and making a verdict on whether he now thinks he was right or wrong. ...
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Bored Ape, Mutant Ape Yacht Club NFT Sales Skyrocket — Floor Prices Spike More Than 40%
3.1.2022
After Eminem revealed that he purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for $452K, both BAYC and Mutant Ape Yacht Club (MAYC) NFT sales have skyrocketed. Metrics indicate that on Sunday, January 2, 2022, MAYC’s seven-day trade volume of $93.02 million is up 93.41%...
Eminem Purchases Bored Ape Yacht Club #9055 for $452K, Shady’s Portfolio Holds 166 NFTs
2.1.2022
Marshall Mathers, known professionally as Eminem has joined the community of bored apes by purchasing a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectible for 123.45 ethereum or $452K at the time of settlement. Slim Shady Purchases Bored Ape Yacht Club #9055 for $452K The Bored...
NFTs in 2022: From Word of the Year to Mainstream Adoption & New Uses Cases
2.1.2022
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‘NFT’ is Collins Dictionary’s word of the year for 2021. Yes, the acronym standing for non-fungible token is, in the opinion of the dictionary’s experts, more representative of the world this year than any other recently fashionable word. ...
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Kevin O’Leary Reveals Crypto Strategy, Why He Prefers Ethereum, Says NFTs Will Be Bigger Than Bitcoin
2.1.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy and which coins he owns. He also discussed crypto market bubbles, diversification, regulation, and why he thinks non-fungible tokens (NFTs) will be bigger than bitcoin. Kevin O’Leary...
2 Mirrored, Copycat Bored Ape NFT Projects Cause Copyright Infringement Controversy
1.1.2022
In the midst of the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectibles, two NFT projects have appeared offering near-identical or mirrored versions of the original BAYC NFTs. The NFT marketplace Opensea has removed the NFT projects from the market for breaking...
South Korean Lawmaker Says He Will Start Accepting Crypto Donations in the New Year
1.1.2022
Lee Kwang-jae, a South Korean lawmaker, recently stated that he will be accepting cryptocurrency donations starting mid-January 2022. According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans. Donations to...
Twitch Co-Founder Justin Kan Launches Gaming-Centric NFT Marketplace Fractal
31.12.2021
The co-founder of Twitch, Justin Kan launched a gaming-centric non-fungible token (NFT) marketplace called Fractal on December 30. Fractal’s focus is on NFTs with video game utility and the project launched an NFT collection called “Fractals,” a 100,000 unique snowflakes that...
$2.2M Worth of Bored Ape Yacht Club NFTs Stolen — Victim Says Incident Was ‘Arguably the Worst Night’ of His Life
31.12.2021
According to reports, roughly $2.2 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) non-fungible tokens (NFTs) were stolen from a collector. The owner of the NFTs Todd Kramer said the incident was “arguably the worst night” of his life. Furthermore...
100 NFT Collections Surpass $20 Billion in Volume — Cryptopunks, Bored Apes Capture Top Volumes
31.12.2021
Non-fungible token (NFT) assets were extremely popular this year and to date, there’s been more than $20 billion in volume recorded in terms of NFT sales among 100 collections. While many single NFTs sold for millions of dollars a number of NFT projects and collections saw hundreds...