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A Slew of Defi Tokens Outperform Bitcoin’s Weekly Gains, Defi TVL and NFT Sales Spike
18.10.2021
October has been a strong month for cryptocurrencies like bitcoin but a number of decentralized finance (defi) tokens have seen higher double-digit gains this past week. Moreover, non-fungible token (NFT) sales have picked up and after the total-value locked (TVL) in defi crossed $200 billion...
Rarible introduces zero-cost NFT minting feature
18.10.2021
The platform is seeking to lower the Ethereum gas fees that restrict many investors in the emerging nonfungible token market
Valve Bans Games Built on Blockchain, NFTs, and Cryptocurrencies From Steam Gaming Platform
17.10.2021
This past week, Valve, the parent company of the video game digital distribution service Steam updated its distribution onboarding guidelines. According to the newly updated rules, the company is banning any “applications built on blockchain technology that issue or allow exchange...
Epic Games Store Will 'Welcome' NFT Games After Steam Bans Them
16.10.2021
Epic Games and its CEO Tim Sweeney are open to letting games that use blockchain technology and NFTs onto its PC store, even as NFTs continue to be criticized for being a giant, planet-burning scam filled with grifters. This follows Valve’s decision to remove and ban all games that utilize NFTs...
Good Riddance: Steam Bans Games That Feature Crypto And NFTs
15.10.2021
Damn. Good Guy Steam is (sort of) back. The developer of an upcoming NFT-based PC game revealed in a tweet that Steam is no longer allowing games built on blockchain technology or that “issue or allow exchange of cryptocurrencies or NFTs.” Indeed, Valve’s onboarding rules page now says exactly...
Studio 54 Reveals Never-Before-Seen Photograph and Pixel Art NFTs of the Famed Disco Club
14.10.2021
Superrare Labs has revealed the first-ever non-fungible token (NFT) drop crafted by the renowned photographer Bill Bernstein and the legendary Studio 54. The NFT drop features the nightlife photographs taken by Bernstein from the iconic Studio 54 and Paradise Garage. Additionally, Superrare...
Fox Entertainment’s Blockchain Arm Drops NFT Market Dedicated to Hit TV Series The Masked Singer
14.10.2021
Fox Entertainment and Blockchain Creative Labs (BCL) has announced the launch of maskverse.com, a non-fungible token marketplace and community dedicated to the entertainment series and hit singing competition “The Masked Singer.” According to Fox and BCL, the NFT marketplace and...
Investors Lost $10,000 on Average to Russian Crypto Pyramid Finiko, Poll Reveals
13.10.2021
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko...
Coinbase Launching NFT Marketplace With Social Features to Grow Creator Community ‘Exponentially’
13.10.2021
Cryptocurrency exchange Coinbase is launching a peer-to-peer marketplace for non-fungible tokens (NFTs). The Nasdaq-listed company says that “Coinbase NFT” will make “minting, purchasing, showcasing, and discovering NFTs easier than ever.” In addition, Coinbase says...
South Korean Regulator Says DeFi and NFT Regulations Are Coming
12.10.2021
get="_blank" rel="noopener noreferrer" href="https://cryptonews.com/tags/defi">DeFi) and non-fungible token (NFT) sectors were next in line.In
Wormhole Adds Binance Smart Chain Support to Network Bridge
12.10.2021
During the first week of September, the Wormhole Network’s ethereum ↔ solana bridge was introduced to the Solana community and the following week, developers released a bi-directional connection for blockchain non-fungible token (NFT) collectibles. On Monday, the Wormhole dev team...
FTX US Launches NFT Market — Users Can Trade and Mint Solana NFTs, ETH Support on the Way
12.10.2021
On Monday, FTX US announced the launch of its marketplace for non-fungible token (NFT) assets. FTX explained that the marketplace will feature Solana-based NFTs but support for Ethereum-based NFTs is coming in the near future. FTX US Reveals New Solana NFT Market, Plans to Support Ethereum in...
Mining Hardware Manufacturer Bitfury Plans to Go Public
11.10.2021
Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars...
Intellivision Is Selling NFT Games For A Console That Ain't Even Out Yet
10.10.2021
The Intellivision Amico is a retro-inspired android-based console that was supposed to be out October 20, 2020 but has suffered numerous delays since then. And now, even before the console has shipped to backers or customers, the company is selling “physical” games for it in limited-time bundles...
Beltracchi’s ‘Salvator Mundi’ — Notorious Art Forger Banned from Selling at Galleries Steps Into the NFT Game
10.10.2021
While the world of non-fungible token (NFT) assets continues to swell, the notorious artist and art forger Wolfgang Beltracchi has joined the NFT industry with a collection of NFTs called “The Greats.” Beltracchi is well known for admitting that he forged hundreds of paintings...
Talent Giant Creative Artists Agency Inks Deal With Pseudonymous NFT Whale 0xb1
10.10.2021
On October 8, the leading California-based talent agency Creative Artists Agency announced it has inked a deal with the infamous non-fungible token (NFT) asset collector known as “0xb1.” The influential talent agency aims to help the pseudonymous 0xb1 monetize the vast NFT collection...
Bored Ape Yacht Club Records $542 Million in Lifetime Sales — BAYC Creators to Launch Token in Q1 2022
9.10.2021
Non-fungible token (NFT) assets have been extremely popular in 2021 and it doesn’t seem like the NFT hype is going away any time soon. A number of NFT collections have propelled the industry to new heights with enormous sales, outpacing some of the most popular auctions selling physical...
Evaluating NFTs: How to Know Whether an NFT Project is Legit
9.10.2021
NFT valuation, you will learn what you need to look for to find out whether an NFT venture is legit or not. What are NFTs?Non-fungible tokens are unique cryptographic tokens on a bloc
Russian Parliament to Consider Restrictions for Non-Qualified Crypto Investors
8.10.2021
Cryptocurrency can be quite complicated for some and lawmakers in Russia think they need to contemplate restrictions for private investors. According to a high-ranking representative of the legislature, the Russian parliament needs to provide them with “maximum protection” against...
Seoul to Hold Firm on Crypto Tax Launch, Suggests NFT Tax May Follow
7.10.2021
dozen or so non-big four crypto exchanges are allowed to go bust.A number of online petitions have called on the government to reverse its bid to begin taxing crypto trading profits at a flat rate of 20% from January 1. Seoul will order tax filings from anyone earning over USD 2,1