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Sotheby’s Cancels Cryptopunks NFT Auction After Consignor ‘Decided to Hodl’ Collectibles
25.2.2022
On February 8, the multinational luxury auction company Sotheby’s announced the firm would be auctioning 104 Cryptopunk non-fungible token (NFT) collectibles, but before the event started Sotheby’s canceled the event. It seems “0x650d,” the owner of the Cryptopunks NFTs...
Canadian Regulator Alerts Police to Tweets by Coinbase and Kraken Advocating Non-Custodial Wallets
23.2.2022
Canada’s securities regulator has flagged tweets by Coinbase CEO Brian Armstrong and Kraken CEO Jesse Powell encouraging people to use non-custodial wallets to evade freeze orders by the Trudeau government. “We are aware of this information and have shared it with the RCMP...
OpenSea's Trading Volume Remains in a Downtrend Amid Recent Attacks
23.2.2022
The trading volume across the major non-fungible token (NFT) marketplace OpenSea has been in a downtrend over the past week, possibly largely due to several incidents which led to users losing millions of dollars worth of digital assets.
OpenSea's trading volume is down more than 11% over...
What’s Still Holding NFTs Back & How to Fix It
23.2.2022
Kiril Nikolov is Senior Sales Executive at major digital assets company Nexo.
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We all know of non-fungible tokens (NFTs) but don’t use them in our day-to-day lives. With exposure to NFTs increasing, what’s it going to take to bring these assets fully into everyday life?...
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Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO
23.2.2022
On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active...
Texas Man Sues OpenSea Over Stolen NFT, Asks for Over USD 1M in Damages
22.2.2022
Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea's user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not "timely put adequate safety measures...
ETHDenver Hackathon Finalists Aim at These Pain Points Across DeFi, NFTs, DAOs, and Metaverse
21.2.2022
30 ETHDenver hackathon finalists that pitched their ideas to a team of crypto veterans and were competing for up to USD 5,000 in prizes, largely focused on solving common pain points across various segments of the Ethereum (ETH) ecosystem.
Let’s take a closer look at some of the projects that...
Russian Social Media Network Vkontakte to Introduce NFT Support
21.2.2022
Russia’s largest social media network, Vkontakte, has announced it’s going to introduce support for blockchain and NFTs. The crypto technologies will be incorporated into the platform’s scheme for monetization of user content and copyright protection. Vkontakte to Facilitate...
OpenSea Narrows Down List of Impacted Users, Still Looking for the Cause
21.2.2022
Major NFT marketplace OpenSea, which said it fell victim to a phishing attack over the weekend, has narrowed down the list of impacted individuals from the initial assumption of 32 to 17. However, the platform said it still hasn’t determined the exact source of the issue....
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Saudi Arabia Princess on NFTs: ‘They Are the Next Medium of Artistic Expression’
21.2.2022
Non-fungible tokens (NFTs) are a new medium of artistic expression that gives artists the freedom and the ability to reach a diverse audience, Saudi Princess Reem Al Faisal has said. Decentralized Art According to the Saudi Arabian princess, Reem Al Faisal, NFTs are a natural evolution of art that...
'Hacker' Steals NFTs 'Worth' Millions From Opensea Marketplace
21.2.2022
Web3, the famously decentralised internet technology that has centralised much of the NFT marketplace into a single shopfront (Opensea), woke over the weekend to find that the site had reportedly been compromised, and loads of precious NFTs stolen.Read more
Play-to-Earn Blockchain Game Axie Infinity Surpasses $4 Billion in All-Time NFT Sales
20.2.2022
This week, Axie Infinity, the blockchain-based online video game crafted by the Vietnamese software studio Sky Mavis, surpassed $4 billion in all-time non-fungible token (NFT) sales. Currently, the play-to-earn (P2E) game launched in 2018 is the third-largest NFT platform in terms of all-time...
Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack
20.2.2022
Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown that the attacker had $1.7 million worth of ethereum in his wallet...
Webbland Metaverse Sales Jump 126% as 2 Penthouses Sell for Six-Figures
20.2.2022
While blockchain virtual worlds have seen significant demand during the last few months, an “interoperable pixel metaverse” project called Webbland has seen weekly NFT sales spike by 126.24%. The project recorded over $3.6 million in sales over the last seven days, and two Webbland...
Final Fantasy XIV Producer Promises 'No NFTs' But Does Find The Concept Of Them 'Interesting'
20.2.2022
If you are someone who loves playing Final Fantasy XIV, but who hates the idea of NFTs, then you’ll be happy to hear that it seems unlikely the two will mix. According to the game’s producer and director Naoki Yoshida, NFTs aren’t coming to the popular MMO anytime soon. However, Yoshida did explain...
As Virtual Real Estate Gets Pricey Terrazero Technologies Provides Metaverse Mortgages
19.2.2022
While the metaverse has become very popular, virtual land sales have seen significant demand in recent times. Virtual real estate has become expensive, in comparison to the prices 12 months ago, and virtual parcels stemming from a couple of blockchain metaverse projects have sold for seven figures....
NASCAR Launches Daytona 500 Digital Collectibles via the Wax Blockchain Platform
18.2.2022
On Friday, the National Association for Stock Car Auto Racing (NASCAR) announced the firm launched digital collectibles for this year’s Daytona 500. NASCAR’s series of limited-edition Daytona 500 NFT drops is part of a partnership with the Wax blockchain team. NASCAR Reveals 2022...
Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists
18.2.2022
The multinational music corporation  Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for...
Platinum Games On NFTs: "No Positive Impact" And "Zero Interest"
17.2.2022
These days, it seems like so many game companies are interested in NFTs. So while Konami is rushing into the NFT space, don’t expect Platinum Games to follow suit.Read more
The Republic of the Marshall Islands Allows Registration of DAOs as Legal Entities
17.2.2022
The Republic of the Marshall Islands has announced it will allow decentralized autonomous organizations (DAOs) to become legal entities. At the time of writing, only one DAO has successfully incorporated in the country. DAOs Will Be Allowed to Register as Legal Entities The Republic of the Marshall...