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Moonbirds Collection Faces Criticism After User Wins 50+ NFTs During Raffle
19.4.2022
Newly-launched non-fungible token (NFT) project Moonbirds has been hit with controversy, with some wondering if there was a potential raffle manipulation.
Etherescan data shows that one user created more than 400 "accounts to Sybil Attack the Moonbirds raffle," said the pseudonymous crypto...
KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users
19.4.2022
Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches....
Read More: KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users
Final Fantasy Developer Braves Wrath of Gamers with Blockchain Gaming Statements
19.4.2022
Square Enix, the Tokyo Stock Exchange-listed gaming giant and the firm behind the Final Fantasy and Dragon Quest games, has said that focusing on traditional forms of games would be “not be enough” for the company in the future – hinting that user-created content such as non-fungible tokens...
UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse
18.4.2022
United Arab Emirates (UAE) airliner, Emirates, has announced plans to launch non-fungible tokens (NFT) and experiences in the metaverse for its workers and customers. The launch aligns with UAE’s digital economy and virtual assets initiatives. First Projects Already Underway The UAE airliner...
Play-to-Earn Bitcoin Games: How Lightning Network Enables Gamers to Earn Sats
16.4.2022
The gaming universe has evolved over the years, now enabling professional gamers across the globe to earn an income at esports tournaments. But it’s not just esports athletes that are making money gaming.
A new generation of play-to-earn (P2E) games enables anyone with an internet connection...
NFTfi Eyes Massive Growth for NFT Lending; CryptoPunks, BAYC & Art Blocks Most Common Collateral
15.4.2022
NFTfi, a company in the non-fungible token (NFT) lending industry, expects to see massive growth in the sector, where crypto holders get a chance to earn yields on their capital, or potentially secure a digital art piece from top collections like CryptoPunks at steep discounts....
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First-Ever Jack Dorsey Tweet NFT Reauctioned, Receives Massively Lower Bid Than Expected as Hype Fades
14.4.2022
Twitter founder Jack Dorsey’s first-ever tweet, which sold for USD 2.9m worth of ethereum (ETH) back in March 2021, was put up for auction again and was apparently expected to fetch at least USD 50m, but has so far received the highest bid of just over USD 6,200....
Read More: First-Ever Jack...
US Record-Holding Astronaut Scott Kelly Drops First-Ever NFT To Support Ukraine
12.4.2022
Ukraine’s courageous fight against Russia’s invasion continues to inspire efforts across the cryptosphere and beyond, with former NASA astronaut Scott Kelly officially dropping his first-ever non-fungible token (NFT) to aid the Ukrainian war effort....
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NFT Entertainment Accelerates: BAYC Film Trilogy and Snoop Dogg's NFT Collection on Cardano
12.4.2022
Popular non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC) is launching a three-part film series with major crypto exchange Coinbase, while Snoop Dogg is collaborating with NFT project Clay Nation to launch a new collection on Cardano (ADA).
Coinbase's official Twitter account...
Two New ERC Standards Aim to Standardize Tokenized Vaults and Add Refund Option to NFTs
11.4.2022
Developers can create new ERC standards that define a required set of functions for a token type - and they did just that. Two recently created ones have each attracted some attention and may find adoption in the future.
Crypto users are probably familiar with numerous ERC standards, the most...
How NFT Finance Accelerates NFT Mass Adoption
10.4.2022
Stephen Young, Founder & CEO, NFTfi, an NFT collateralized loan marketplace.
__________...
Read More: How NFT Finance Accelerates NFT Mass Adoption
How to Hedge Your NFT Collection With Ethereum Derivatives
9.4.2022
The majority of the non-fungible token (NFT) market resides on Ethereum (ETH), tying the performance of the NFT market – to a degree – to the value of ether as most NFTs are priced in ETH.
Therefore, NFT collectors who are concerned about a potential market downturn could hedge the value...
NFT Market Shows Signs of Maturing as Sales Expand Beyond Ethereum
7.4.2022
Between January and March 2022, non-fungible token (NFT) trading volumes cooled down from a hot January start, but the number of trades increased significantly in networks outside Ethereum (ETH) -- indicating an expanding NFT market with broadening adoption across the ecosystem, according to...
OpenSea Now Supports Solana NFTs in Beta
7.4.2022
Non-fungible tokens (NFTs) based on the Solana (SOL) blockchain, a public blockchain and a rival to Ethereum (ETH), are now supported by the major NFT marketplace OpenSea.
According to OpenSea's website, the support for Solana NFTs is currently in beta and comes with limited collection...
Sky Mavis Releases Early Access of Its Much-Anticipated Axie Infinity: Origin
7.4.2022
Sky Mavis, the firm behind the popular blockchain-based online video game Axie Infinity (AXS), has announced the Early Access release of its much-anticipated update Axie Infinity: Origin.
Also known as "Battles v3," Axie Infinity: Origin is a new battle system that its creators say offers...
Meta to Introduce Virtual Tokens that Are Not Cryptocurrency - Report
7.4.2022
Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain.
“Zuck Bucks,” which is how it is called by Meta employees internally, is one of these virtual coins designed...
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...
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...
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...