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Biggie Smalls NFT Collection Sells Out in 10 Minutes, Owners Get Licensing Rights to Unreleased Freestyle
27.7.2022
On Tuesday, the Christopher Wallace Estate, managers of the Notorious B.I.G.’s music, fashion, film, and unreleased archives, dropped a collection of 3,000 non-fungible tokens (NFTs) that sold out in ten minutes. The digital collectibles were dropped via the NFT platform Oneof, and owners...
Russia Gears Up to Regulate NFTs Through Legislative Amendments
27.7.2022
Authorities in Russia are preparing a number of changes to existing laws in order to adopt rules for the country’s market for non-fungible tokens, or NFTs. A working group has discussed the matter and proposed solutions to legally define and regulate transactions with the digital...
Second Quarter Sees DeFi, NFTs, Gaming, And Developers Shining
27.7.2022
PolygonInsights for the second quarter of 2022 were recently published by the Polygon team showing the constant growth in four major sectors: DeFi, NFTs, Gaming, and Developers. The report tracks big changes in the said sector during April, May, and June. Bungee has entered the list of top 10 DeFi...
Dubai Police to Release Second Collection of NFTs — Nearly 23 Million Show Interest in First Collection
27.7.2022
Months after rolling out its first collection of non-fungible tokens (NFTs), the Dubai Police has said it will launch the next collection at the 2022 edition of The Gulf Information Technology Expo (GITEX). People from outside the country will also get a chance to own the next Dubai Police...
Vulcan Takes Phalanx Sphinx NFTs Live In Different Waves
27.7.2022
Vulcan Forged, a blockchain game studio, among many other things, has announced plans to take its NFT collection of 10,000 unique characters live in five different waves. NFT avatars, known as Phalangites, represent 500 each of 20 different characters. Different batches will allow users to...
Study Findings: Crypto Investors More Attractive and Smarter, NFT Profiles Unattractive
27.7.2022
Cryptocurrency investors are perceived to be more attractive, smarter, and wealthier than non-investors, the latest survey by Cryptovantage has found. Just over three-quarters of respondents said they are likely to go on a date with someone if their dating app profile mentions crypto. However, some...
Japanese Bank SMBC to Foray Into NFT and Web3 Markets
27.7.2022
The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers...
Latvian Artist Threatened With Prison for Money Laundering Through NFTs
26.7.2022
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs...
Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters
26.7.2022
Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin...
Biggie Smalls’ Estate Goes Crypto With Music License NFTs
26.7.2022
The Notorious B.I.G NFT by OneOf will give holders limited license rights, but none of the profits on Biggie's unreleased tracks
HARTi and Mitsui Sumitomo roll out NFT insurance coverage for claims
26.7.2022
The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller
Yuga Labs May Face a Potential Class-Action Lawsuit Over Apecoin and NFT Sales
25.7.2022
According to the international law firm Scott+Scott’s website, there’s a possibility that the non-fungible token (NFT) company Yuga Labs may be threatened with a class action lawsuit for generally promoting “the growth prospects and change for huge returns on investment...
LAC Features in OpenSea’s Top 10 NFTs Within 18 Days of Launch
25.7.2022
NFT collection Lady Ape Club has been listed among OpenSea’s Top 10 NFTs in the last 24 hours. This NFT’s sales surged over the weekend, taking it to the 9th position on OpenSea’s listing. LAC launched with 10,000 NFTs, of which 700 were minted on OpenSea, and 140 of them are already owned....
NFT utility to remedy ticketing dilemmas? Experts weigh-in
25.7.2022
The biggest pain points in events ticketing could prove to be a flagship use case of blockchain-based nonfungible tokens, according to industry leaders
NFTs banned in Minecraft, SEC lists 9 tokens as securities and 3AC founder blames cockiness for company meltdown: Hodler’s Digest, July 17-23
23.7.2022
Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
23.7.2022
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra...
Minecraft ban ‘hypocritical’ and NFTs are inclusive: Animoca’s Yat Siu
23.7.2022
“They did not cite evidence, they didn’t even correctly point out what NFTs are, nor did they talk to NFT Worlds,” noted Animoca Brands co-founder Yat Siu
Play-to-own, NFTs and Web3: Crypto Raiders drops knowledge with NFT Steez
22.7.2022
NFT Steez chats with Crypto Raiders about the state of blockchain gaming and how to prioritize fun over “financialization” when it comes to NFTs and P2E models
Chinese Tech Giant Tencent to Shut Down NFT Platform Amid Trading Restrictions
22.7.2022
China’s Tencent Holdings plans to shut down its non-fungible token (NFT) platform Huanhe only a year after its launch. The social media giant has reportedly made the decision because of the strict ban on the resale of NFTs imposed by the authorities in Beijing. Huanhe to Close Down a Year...
Video Game Giant Square Enix Plans to Drop a Final Fantasy VII NFT Collection in 2023
21.7.2022
According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th Anniversary cards and figures on the cross-chain network...