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FTX's Valuation Jumps 20X, Citi Crypto, Non-Fungible Jay-Z + More News
25.6.2021
A fragment of Heir to the Throne, an animated NFT, created by Derrick Adams to celebrate the 25th anniversary of Reasonable Doubt, the debut album of American music megastar Jay-Z.
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under...
Report: Nigerian NFT Artists Thrive Despite Bubble Fears and Ongoing Central Bank Anti-Crypto Restrictions
25.6.2021
Nigerian artists are now increasing their net worth by leveraging the art world’s lucrative pivot to non-fungible tokens (NFT). According to reports, this move to NFTs is happening despite the Nigerian central bank’s renewed anti-crypto stance. NFT Bubble Concerns As a recent CNN report...
Binance NFT Marketplace Launches With Artwork From Dali, Warhol and ‘100 Creators’
24.6.2021
Cryptocurrency exchange Binance launched its NFT marketplace on Thursday. The platform allows users, including artists, creators, and crypto enthusiasts, to mint and trade non-fungible tokens (NFTs). It employs Binance’s blockchain infrastructure and features various forms of digital artwork...
NFT Marketplace Rarible Raises Over $14 Million, Plans to Launch on Flow Blockchain
24.6.2021
The non-fungible token (NFT) marketplace Rarible has revealed the company has raised $14.2 million in a Series A funding round. Rarible details the funds will be leveraged to take NFTs to the mainstream and announced integration with the consumer-centric blockchain called Flow. Rarible Raises...
Motor Team McLaren Racing Partners With Tezos to Build NFT Platform
18.6.2021
On Thursday, McLaren Racing announced the British motor racing team selected Tezos as the organization’s official partner across the Indycar series, Formula One, and esports. Tezo will create a non-fungible token (NFT) platform for McLaren Racing in order to showcase the motorsport...
Entertainment Giant Fox Teams up With Bento Box to Manage $100 Million NFT Creator Fund
16.6.2021
Fresh off the heels of announcing a non-fungible token (NFT) organization called Blockchain Creative Labs and a blockchain-based animated series, Fox Broadcasting Company has revealed it’s invoked a $100 million fund with Bento Box Entertainment (BBE) that aims to bolster NFT content...
Thailand Bans Meme Coins, Fan Tokens, NFTs From Trading on Crypto Exchanges
12.6.2021
The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens (NFTs), are prohibited to trade on crypto exchanges. Thailand Sets New Rules...
Uganda Museum Collaborates With Software Development Firm to Create NFTs for Display on Binance Marketplace
9.6.2021
One of Africa’s oldest museums, the Uganda National Museum (UNM), is set to create digital representations of the unique artifacts that are on display at this facility. Working in concert with software development firm Murcom, Uganda’s biggest museum is expected to display and auction...
Survey Finds Gen Z More Likely to Invest in Cryptocurrencies and Memes Over Traditional Investments
4.6.2021
A recent study published by Gambler’s Pick notes that Gen Zers are less likely to invest in traditional investments like equities and more likely to invest in cryptocurrencies, meme investments, and non-fungible tokens (NFTs). Gen Z More Likely to Invest in Cryptocurrencies and Meme...
Study Shows NFT Sales Plummeted 90% Over the Last 30 Days, NFT Wallets Dip 70%
4.6.2021
According to a recent study, non-fungible token (NFT) sales have dive-bombed 90% since the market’s record sales on May 3. Market data shows over 130,000 NFT sales that day and 30 days later sales are down to a touch over 84,000, dropping more than 35% last month. Protos.com Study Claims...
Defi Economy Is Recovering Faster Than Most Crypto Assets After Market Rout
3.6.2021
Decentralized finance (defi) exchanges and tokens are recovering a lot faster than a great number of digital assets that lost more than 40% in value last week. Defi tokens like curve, kyber network, terra, hxro, and more have been seeing double-digit gains. On May 23, the defi economy’s...
Pepe the Frog Creator Launches NFTs Featuring the Infamous Internet Meme
2.6.2021
The infamous Internet meme “Pepe the Frog” will be immortalized in non-fungible token (NFT) collectible form by the frog’s original creator Matt Furie. Of course, Pepe has been featured in blockchain art before and a series of cards were created via Counterparty in 2016. However...
MLB Steps Into the NFT World by Entering a Long-Term Partnership With Candy Digital
2.6.2021
On June 1, Major League Baseball (MLB) reporter David Adler announced the MLB organization established a long-term deal with the digital collectible company Candy Digital. The oldest American professional baseball organization is stepping into the non-fungible token (NFT) collectibles world...
Notorious ‘Tiger King’ Joe Exotic Launches ETH-Based Token to Help Legal Fund
30.5.2021
The infamous Joseph Maldonado, aka “Joe Exotic,” from the docuseries “Tiger King: Murder, Mayhem and Madness,” has launched his own Ethereum-based token. According to the website tiger-king.org, the project will also feature non-fungible tokens (NFTs) and the proceeds from...
Gamestop NFT Website Discovered With Hidden Easter Egg Retro Game
26.5.2021
Following the infamous Wallstreetbets story a few months ago, the company Gamestop is doing much better than it did a year ago. Now a new website called nft.gamestop.com indicates that the firm is dipping its feet into blockchain technology via non-fungible tokens built with Ethereum. ‘Power...
Ukraine’s Leading Soccer Team Dynamo Kyiv to Sell NFT Tickets
23.5.2021
FC Dynamo Kyiv, the top team in the Ukrainian Premier League, is launching NFT tickets for the 2021 season. The legendary football club, which has the biggest fan following in Ukraine, is also going to offer supporters unique collectible items through a partnership with a blockchain company. Dynamo...
African NFT Art Exhibition Featuring Portraits of Two African Royals Launched
22.5.2021
The Museum of Modern African Art Gallery & Lifestyle (MOOMA), a platform that promotes African artworks, recently kickstarted a 30-day non-fungible token (NFT) Modern African Art Exhibition. The exhibition, which will be MOOMA’s first NFT showcase, is set to feature the works of Goran...
Depends on Who You Ask: Report Shows NFT Sales ‘Cool Off,’ Another Study Says ‘Market Set to Double by October’
22.5.2021
In 2021, the non-fungible token (NFT) ecosystem has grown massively and data shows during the last month, there have been 98,832 NFT sales across over 32,000 active wallets. Monthly statistics show $272 million in recorded NFT sales have taken place but a recent report shows the NFT market...
Red Bull Racing Honda Names Tezos as Its Official Blockchain Partner
21.5.2021
The freshly unveiled collaboration between the organizations aims to deliver a unique fan engagement experience for Red Bull Racing Honda in the form of unique digital collectibles that leverage Tezos’ scalable, efficient, and self-upgrading network. Formula One Team Inks Multi-Year Technical...
CGC|NFT 2.0 – The Ultimate Non-Fungible Token Conference on June 10-11
21.5.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Year 2021 unlocked the true potential of NFTs and blockchain games. After hosting a massively successful NFT-focused event in March, the CGC team witnessed the continued growth of popularity and awareness...