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NFT Rug Pull: DOJ Charges Two People in Million-Dollar Scheme to Defraud Investors
26.3.2022
The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme. They abandoned the NFT project within hours after selling out, deactivated the website, and transferred over $1 million in crypto to the wallets...
'Anything is Possible in Metaverse': Decentraland's Fashion Week Attracts 60+ Designers, Brands & Artists
25.3.2022
The metaverse continues to infiltrate the high-end fashion industry, with Decentraland, one of the most popular emerging virtual worlds, hosting the Metaverse Fashion Week between March 24 and 27, which will include more than 60 brands, artists, and designers.
The participants and visitors...
Number of Addresses Holding BTC Taps 40 Million, Non-Zero Bitcoin Address Metric Grew 92% Since 2018
25.3.2022
While bitcoin has risen in value in recent times, jumping 8% during the last seven days, statistics show that the number of addresses holding bitcoin has surpassed 40 million addresses. Metrics from the analytics web portal intotheblock.com show addresses that hold any fraction of bitcoin tapped...
80s Icons Madonna, Stallone Carve Out a Slice of the NFT Pie – And Beckham’s Keen, Too
25.3.2022
If you’re aching after the Eighties, the non-fungible tokens (NFTs) world – and some of the biggest celebs from the decade that fashion forgot – would like a word with you. And when they’re done, Nineties throwbacks are next in line.
*Editor’s warning: If cringeworthy 80s-themed puns aren’t...
Ukraine Launches NFT Museum of War to Help its Army and Civilians
25.3.2022
Today, Ukraine launched an "NFT museum" - Meta History: Museum of War - in order to raise additional funds to support its army and civilians, attacked by Russia. NFT sales are estimated to start in four days....
Read More: Ukraine Launches NFT Museum of War to Help its Army and Civilians
Google Files Trademark for ‘Non-Fungible Planet’
25.3.2022
The filing details plans for the internet giant’s information campaign on environmental activism
NFT Minting is Increasingly Competitive, But One in Three NFTs End Up Dead - Nansen
25.3.2022
The minting of non-fungible tokens (NFTs) is becoming increasingly competitive, with more new projects created and the cost to mint new NFTs being cut. However, a number of NFTs minted still end up as part of a “dead collection” with no trading activity -- though, notably, the proportion of such...
Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations
24.3.2022
The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator...
NFT Rental Has Major Growth Potential as 'Airbnb of the Metaverse' - Analysts
24.3.2022
The non-fungible token (NFT) rental marketplace is demonstrating a major potential for growth, meriting a close watch as the “Airbnb of the metaverse,” according to a recent report by Asian digital asset platform Matrixport.
Observing the current landscape, said the report, NFT financialization...
Japanese Software Giant Line Plans to Launch NFT Market Next Month
24.3.2022
The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types...
Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech
23.3.2022
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s...
Ethereum Scaling Platform Loopring Soars on New GameStop NFT Partnership
23.3.2022
The Ethereum (ETH) layer 2 chain Loopring’s native token LRC is soaring in price today after revealing that the chain is working with the US-based gaming retailer GameStop to develop a new marketplace for non-fungible tokens (NFTs)....
Read More: Ethereum Scaling Platform Loopring Soars on...
Bitcoin․com to Launch Utility and Rewards Token
23.3.2022
The Bitcoin.com Team is excited to announce Verse, a rewards and utility token for the Bitcoin.com ecosystem. Since 2015, Bitcoin.com has served as a reliable gateway to Bitcoin and beyond, providing timely and objective news content and educational materials, the most secure and easy-to-use...
Digital Collectibles Marketplace VeVe Loses 'Large Amount of Gems' in an Exploit
23.3.2022
VeVe, an app-based marketplace for licensed digital collectibles, has announced that it has become a victim of an exploit which resulted in the loss of a number of "gems."
"We have become aware of an exploit of our systems which resulted in a large amount of gems being acquired illegitimately,"...
Paris Saint-Germain Soccer Club Files Trademark Application to Get Into the Metaverse and NFTs
23.3.2022
The PSG (Paris Saint-Germain) FC, a soccer club in Europe, has taken its first steps to building an online presence in the metaverse. The club has filed a series of trademark applications to register its name in order to offer a number of services, including software, memorabilia, and articles...
ApeCoin Smart Contract Exploited, ‘Well-Prepared Claimer’ Walks Away With USD 380K
22.3.2022
A Bored Ape Yacht Club (BAYC) non-fungible token (NFT) owner has reportedly exploited a vulnerability in the smart contract that airdropped ApeCoin (APE) tokens to community members, walking away with nearly USD 380,000 in profits....
Read More: ApeCoin Smart Contract Exploited, ‘Well-Prepared...
Cardano, Solana and Other Non-ETH Tokens the Focus of New Grayscale Smart Contract Fund
22.3.2022
It’s the fund manager’s 18th investment product and third diversified fund offering
DeFiance Founder's USD 1.76M Loss is a Lesson For NFT Investors
22.3.2022
Founder of the cryptoasset fund DeFiance Capital, Arthur Cheong, has seen one of his hot wallets compromised, resulting in the loss of over 70 blue-chip non-fungible tokens (NFTs) worth over USD 1.76m. The incident is another stark reminder for all NFT investors to be extra careful - and less...
Tommy Hilfiger to Showcase Spring 2022 Collections and NFT Wearables at Decentraland’s Metaverse Fashion Week
22.3.2022
On Monday, Tommy Hilfiger has announced the company is joining the inaugural Decentraland Metaverse Fashion Week from March 24th to March 27th, 2022. During the Metaverse Fashion Week, the American fashion design firm said it will showcase its Spring 2022 collections and provide consumers with...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
22.3.2022
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission. Malaysian Ministry...