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All Those NFTs Are Officially Worthless
21.9.2023
Most Non-Fungible Tokens (NFTs), a unique asset stored on the blockchain that cannot be replicated (unless you can right-click), have no value. While I’m no fan of lifeless Bored Apes, I’m not saying that just to be mean—cryptocurrency analysts dappGambl determined that out of the 73,257 total...
NFT Collector: William Mapan explains generative art using a crayon and dice
21.9.2023
What even is generative art? William Mapan, whose 250-piece Distance collection just sold out at 2ETH each, explains using a crayon and die
Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction
21.9.2023
A new report shows that 95% of mainstream non-fungible tokens (NFTs) have recorded plunging values with many now almost worthless.
On Sept 20, media outlet Rolling Stone highlighted a report by dappGambl “Dead NFTs: The Evolving Landscape of the NFT Market” an analysis that explains why most NFTs...
First Mover Americas: NFT Platform ImmutableX's IMX Token Rallies
21.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value
21.9.2023
Non-fungible tokens (NFTs), once the darlings of the digital art and collectibles world, are facing a harsh reality check.
According to a recent study conducted by Web3 review website dappGambl that used data from crypto tracking sites CoinMarketCap and NFT Scan, more than 95% of NFT collections...
MintDAO goes live on LayerZero to power ONFT process
21.9.2023
MintDAO has announced that it is now live on LayerZero, commencing a new era of interoperability. The goal is to have a cross-chain NFT hub in the ecosystem. The announcement has been echoed by LayerZero Labs, with a special emphasis on powering the minting and bridging of ONFT, an acronym...
NFTs are 'totally worthless' says mainstream media, community responds
21.9.2023
A community member highlights the drastic shift in mainstream media narrative, sharing a previous article promoting the Bored Ape Yacht Club NFT collection
NFT Platform ImmutableX's IMX Token Surges 35% With Upbit Leading Volume Growth
21.9.2023
The IMX-Korean won pair listed on South Korea's leading exchange Upbit accounted for nearly 20% of the 24-hour global trading volume
‘Embracing Tokenization Now Is a Strategic Move for the Future’ — Metatime CEO Yusuf Sevim
19.9.2023
While tokenization of real-world assets (RWAs) like gold and real estate is a prospect that unnerves stakeholders in traditional financial systems, according to Yusuf Sevim, the co-founder of the decentralized protocol Metatime, this can potentially bring with it “immense benefits.”...
Major NFT Marketplaces Remove Mila Kunis' Stoner Cats Following SEC Charges
19.9.2023
Major NFT marketplaces, including OpenSea, Blur, and Rarible, have taken down the Stoner Cats NFT project following charges filed by the United States Securities and Exchange Commission (SEC).
The Stoner Cats NFTs, initially sold in 2021, have been available for trading across almost all major...
Krafton enters NFT-integrated metaverse gaming landscape
18.9.2023
Krafton, which is a colossus in the field of iGaming in South Korea, is entering the NFT-incorporated iGaming sector with its own game, Overdare. Initially, the game was named Project Migaloo, and plans are afoot to introduce the game towards the end of the year. The entirety of the delivery will...
Crypto Advocates Among Arnault Heirs: LVMH's Succession in Focus
18.9.2023
The luxury conglomerate LVMH, headed by CEO Bernard Arnault, is facing a pivotal moment in its history as the business magnate decides which of his five children will inherit his vast empire.
This decision could significantly impact the adoption of crypto and blockchain technology within...
Animoca Brands Subsidiary to Launch Unique Bitcoin Metaverse Token
17.9.2023
Animoca Brands, a prominent player in the crypto gaming and metaverse investment space, has announced plans to launch a metaverse ecosystem token on the Bitcoin (BTC) network.
In a recent press release, the company said the token will be developed through the Ordinals protocol by Darewise...
Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia
15.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Polygon Launches Phase 0 Towards Polygon 2.0, Ripple Opens Up Liquidity Hub to Brazil & Australia
Rachel Lin, CEO of SynFutures, on DeFi, Decentralized Derivatives Trading, and NFT Futures | Ep. 265
15.9.2023
In an exclusive interview with cryptonews.com, Rachel Lin, CEO and Co-Founder of SynFutures, talks about the recent trend of well-known TradFi players entering the crypto space, removing unnecessary intermediaries in TradFi, and the potential to power the unbanked and underbanked....
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NFT Fantasy Soccer Games Coming to US and Canada Courtesy of LaLiga and GameOn
15.9.2023
Fantasy sports platform GameOn has partnered with the Spanish football league LALIGA to develop Web3 games for players in the US and Canada.
GameOn announced its deal with LALIGA North America on Wednesday. According to the press release, the tech company will launch fantasy games based...
Mila Kunis and Ashton Kutcher’s Stoner Cats NFT Sales Surge by 2,433% After SEC Charges
15.9.2023
Following the U.S. Securities and Exchange Commission’s (SEC) charges against Stoner Cats, the NFT project backed by Mila Kunis, the digital collectibles have witnessed a staggering surge in sales, soaring by a significant 2,433% within a mere 24-hour span. On September 14, the Stoner...
The Genesis will be positioned on the Chiliz Chain
14.9.2023
The Genesis, which is basically an NFT collection from Legend and Chiliz’s collaboration, will be the initial project that will be positioned on the Chiliz Chain. They have created an exceptional offer for the Chiliz community to commemorate the occasion. For a start, the NFT collection will...
SEC Fines Stoner Cats NFTs Creator $1 Million for Securities Violation
14.9.2023
The company behind Stoner Cats non-fungible tokens (NFTs) has to pay a $1 million fine and destroy all its NFTs per a settlement with the US Securities and Exchange Commission (SEC).
According to the Wednesday press release, the SEC charged Stoner Cats 2 LLC (SC2) with conducting an unregistered...
Stepn recovers after NFT airdrop, Chiliz prepares for major update, Pomerdoge raises excitement in P2E gaming
14.9.2023
In the fast-paced and ever-evolving world of crypto, it’s easy to miss major events from top projects. In this crypto news roundup, we’ll explore three noteworthy events that have captured the attention of investors alike: Stepn’s remarkable recovery following an NFT airdrop...