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Metaverse Land Prices Fall, But Still Outperform Ethereum
6.4.2022
Prices of land plots in the metaverse fell by 18% last month from an all-time high seen the month before, according to an index covering 30 of the top virtual worlds. However, virtual land still outperformed the price of Ethereum’s native token ETH when seen over the past year as...
NFT Traders, Beware of Social Engineering Hacks
6.4.2022
Holders of blue-chip non-fungible tokens (NFTs) have long been targets of various types of attacks given the value of their possessions - and now scammers seem to have found new loopholes to take advantage of.
A popular vector of attack for scammers has so far been malicious links, where...
NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
6.4.2022
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy...
Ukraine Will Auction Off Received NFT Donations
6.4.2022
Ukraine is preparing the launch of a web page where it would auction off around 300 non-fungible tokens (NFTs) the country has received in donations.
Among the donated NFTs, there is a CryptoPunk, which was sent to the country's official Ethereum (ETH) address in early March, according...
Sneaker Giant Adidas and Ready Player Me Partner to Launch AI-Generated Avatar Creation Platform
6.4.2022
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas announced on Tuesday the company is collaborating with Ready Player Me, a cross-game avatar platform for the metaverse. Adidas and Ready Player Me will launch a personality based AI generated avatar...
Logan Paul's New Website Will Take Collectibles, Lock Them In A 'Vault' Then Sell Tokens
6.4.2022
Internet person Logan Paul, fresh off wearing a $6 million Pokémon card to Wrestlemania—a sentence I am reeling from having had to type—has also this week opened a site called Liquid Marketplace, which claims to be selling stakes in physical collectibles, but in reality sounds like a disaster...
Bitstop to Unveil ATM That Dispenses NFTs at Bitcoin 2022 Event in Miami
5.4.2022
The cryptocurrency automated teller machine (ATM) company Bitstop has revealed its plans to showcase a non-fungible token (NFT) ATM at the Bitcoin 2022 Conference in Miami Beach this week. According to Bitstop’s co-founder Doug Carrillo, the NFT ATM can not only dispense NFTs but also...
Coffee Giant Starbucks Aims to Enter NFT Business
5.4.2022
Starbucks, an American multinational chain of coffeehouses, aims to enter the non-fungible token (NFT) business by the end of the year.
Billionaire businessman Howard Schultz, who has rejoined Starbucks as interim CEO, announced the news at an Open Forum on Monday, claiming that they plan to...
Official Formula 1 'Ethereum NFT Game' Shuts Down
5.4.2022
F1 Delta Time, an official NFT and crypto-powered racing game that launched back in 2019, closed its doors last month, leaving everyone who had spent money and invested in the project probably wishing they had done something else with their time.Read more
UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation
5.4.2022
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible...
Military MMO Dev Wargaming Cuts Ties With Belarus, Russia Over Invasion works
4.4.2022
Hit freemium developer Wargaming is abandoning its operations in Belarus and Russia over the invasion of Ukraine, now in its 39th day. The World of Tanks maker said it has turned over live operations of its games in both countries to its now-former studio in Russia and will “not profit from this...
NFT Sales Increased by 34% This Week, Azuki Takes Top Sales, NFT Interest Remains Low
4.4.2022
Non-fungible token (NFT) sales have increased this week after a small 2.15% drop the week prior. During the last seven days, NFT sales are up 34.62% from $579 million to $779 million. The NFT collection with the most sales this past week was Azuki, as the collection’s NFT sales jumped 94.68%...
Game Developer Group States Using NFTs in Gaming Presents Ethical Issues
4.4.2022
The International Game Developers Association (IGDA), a group integrated by a number of game developers and programmers from companies across the globe, has addressed the use of NFTs (non-fungible tokens) in the gaming industry. The director of the group has stated that the introduction of these...
Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs
4.4.2022
Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently...
An In-Depth Look at the 5 Most Profitable Bored Ape NFT Traders of All Time
4.4.2022
Non-fungible tokens (NFTs) have been extremely popular during the last two years and in recent times, specific NFTs from certain collections, sell for hundreds of thousands or even millions of dollars per NFT. During the last 30 days, Bored Ape Yacht Club (BAYC) NFTs saw $257 million in sales...
Crypto Helps Ukraine Defend Itself Against Russia's Invasion, Here’s How You Can Contribute
2.4.2022
Cryptoassets continue to prove their case in Ukraine, as well over USD 100m in crypto was raised during the first five weeks of the Russian invasion.
Per a report by blockchain research firm TRM which analyzed over 50 crypto donation campaigns, official government entities have received over...
5 NFT Trading Strategies For JPEG Traders
2.4.2022
If you don't have a strategy, you cannot successfully invest in or trade any asset – stocks, bonds, crypto, etc. The same rule applies to NFTs.
With the boom in the NFT market last year, we have witnessed more investors allocating capital toward NFTs. And with that, numerous NFT investment...
Time to Appoint a ‘Minister of Web3’, Says NFT Policy-making Group of Japanese MPs
2.4.2022
The ruling Japanese political party’s new non-fungible token (NFT) task force has recommended that the government appoints a “Web 3.0 minister.”...
Read More: Time to Appoint a ‘Minister of Web3’, Says NFT Policy-making Group of Japanese MPs
Kenya Central Bank Governor: Low Smartphone Penetration Working Against Plan to Launch CBDC
2.4.2022
According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means launching a central bank digital currency (CBDC) now may be premature and could lead to many citizens being financially excluded. Central Bank Mulls...
NFT Marketplace Opensea to Add Credit Card, Apple Pay Support via Moonpay
1.4.2022
According to the firm Moonpay, the non-fungible token (NFT) marketplace Opensea plans to accept credit card payments using the company’s payment infrastructure. The move follows Opensea gathering $23.5 billion in all-time sales volume, and the company’s recent Solana support...