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Nifty News: Bitcoin NFTs cause spicy fees, Mastercard exec tokenizes resignation letter and more
3.2.2023
Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so
Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express
2.2.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens...
Japanese Prime Minister says DAOs and NFTs help support government’s 'Cool Japan' strategy
2.2.2023
Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions
Bitcoin Ordinals creator looks for fix after first instance of shock porn
2.2.2023
A rather unsavory image made it to the front page of the Ordinals website for 30 minutes before it was hidden, however, the image itself is immutable
First NFT Exchange-Traded Fund Announces Closure as Market for Non-Fungible Tokens and Metaverse Assets Cool Down
1.2.2023
The first-ever exchange-traded fund focused on NFTs and metaverse assets has announced closure as the crypto winter continues to take more victims.
The Defiance Digital Revolution ETF, which is listed on the NYSE under the ticker NFTZ, will close down by the end of February, according to...
Rally Crypto Firm Pulls the Plug on Its Sidechain as Crypto Industry Struggles – Here's What Happened
1.2.2023
Social token platform Rally has announced the closure of its sidechain operations due to a lack of funding. The project warned users that their crypto assets will become stranded as tokens on the Rally sidechain are not transferable to mainnet....
Read More: Rally Crypto Firm Pulls the Plug on...
Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them
31.1.2023
Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way...
China's Hainan to boost NFT oversight as digital yuan trial ramps
31.1.2023
Hainan's market regulator wants to promote NFTs as part of the digital economy, but will actively work to weed out bad actors and speculative behavior
Opinion: Should Bored Ape buyers be legally entitled to refunds?
30.1.2023
It isn’t clear whether a 25-year-old European Union law means you should be allowed to get an unlimited number of refunds on your NFTs
Beyond the hype: With 1.1 million resource pack NFTs generated in 100 days Aftermath Islands shows that the metaverse has arrived
30.1.2023
Much has been said about virtual and augmented reality platforms and the Metaverse over the last few years. Facebook rebranded to Meta, Decentraland sold virtual land plots for tens of thousands of dollars, and corporations and projects big and small jumped on the bandwagon. Unfortunately, more...
Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume
29.1.2023
Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on Google Trends. During that time the top five...
California DMV Is Putting Its Titles on the Blockchain
28.1.2023
The Department of Motor Vehicles (DMV) in California is running a project to digitize all of its titles and put them on a blockchain. The project, which will use the Tezos blockchain and has the assistance of Oxhead Alpha, a crypto dev company, aims to allow users to transfer titles as NFTs in...
Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse
27.1.2023
Aptos Labs CEO Says NFTs Will Push Boundaries of Previous Generation Blockchains
27.1.2023
Mohammad Shaikh, co-founder of the layer 1 blockchain, says in 2023, he predicts NFTs will be used as a means of payment and will also go mainstream, via big brand partnerships
Crypto Asset Aptos Soars to All-Time High, Increasing 391% in 30 Days
27.1.2023
During the past 30 days, the layer one blockchain asset aptos (APT) has risen 391.8% against the U.S. dollar. In the past seven days, Aptos has increased 123.7% after reaching an all-time high of $19.92 per unit on Jan. 26, 2023. The Role of Decentralized Finance, Infrastructure Support, and NFTs...
Amazon to Enter the Crypto NFT Market with Gaming Initiative – Here’s What You Need to Know
27.1.2023
Amazon reportedly aims to dabble into NFTs and Web3 gaming with an upcoming initiative related to digital assets.
The world’s largest retailer is planning to launch a “digital assets enterprise” focused on non-fungible tokens and Web3 gaming this spring, Blockworks reported Thursday, citing four...
MagicSwap v2 is the first AMM in crypto backing NFTs &all ERC-20s via a single router
27.1.2023
MagicSwap v2 happens to be the very first AMM in crypto, which suitably backs pools, in the case scenario of ERC-20s, as well as NFTs, all through just a sole router. It also happens to be providing the opportunity of carrying out the trading of all items existing in a game economy (fungible...
Blur NFT Marketplace Surges in Volume and Market Share, Rivaling Industry Leader Opensea
26.1.2023
Blur, the non-fungible token (NFT) marketplace, has seen a significant increase in volume since its launch in October. According to statistics from Dune Analytics, Blur has captured about 30% of the market share in terms of sales volume. The NFT marketplace leader, Opensea, commands 48% of...
Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
26.1.2023
Among the nonfungible tokens (NFTs) stolen from the PROOF co-founder were 25 Chromie Squiggles and one Autoglyph NFT
Casual gamers a ‘critical’ audience for blockchain games: GameFi execs
25.1.2023
Many casual gamers are still reluctant to play games that use blockchain tech, but gaming execs believe one good game could change that