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OpenSea slashes workforce by 50% before launching OpenSea 2.0
6.11.2023
OpenSea has announced that it is soon going to launch OpenSea 2.0. However, what has attracted a larger number of eyeballs is the NFT Marketplace slashing its staff force by 50%. This is not the first time OpenSea has reduced its staff, except the explanation has changed. This time, the platform...
Nike-RTFKT NFT Collections Generate $1.4 Billion in Trading Volume
6.11.2023
Non-fungible token (NFT) collections by sportswear giant Nike and virtual sneakers and collectibles creator RTFKT have seen $170 million in earnings and a whopping $1.4 billion in trading volume. There are two notable factors to keep in mind. One, Nike and RTFKT have joined hands less than...
Bart on Blockchain: The Simpsons Weaves NFTs into the Show Again
6.11.2023
The iconic show The Simpsons latest annual Halloween special “Treehouse of Horror” returned the world of non-fungible tokens (NFTs), playfully critiquing the digital trend that has become a cultural phenomenon. In the episode, Marge embarks on a quest through the blockchain to save...
NFT Marketplace OpenSea to Reduce Workforce as it is Planning “Big Changes”
6.11.2023
Leading non-fungible token (NFT) marketplace OpenSea, unveiled plans to lay off half its workforce, amid the company’s major restructuring plans. The platform’s CEO Devin Finzer wrote on X (Twitter) that the firm is making “big changes” to focus on a new version –...
NFTs on the Rise Again: October Saw 32% Growth in Trading Volume – Trend to Continue This Month?
4.11.2023
The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month. According to data released by crypto data firm DappRadar, NFT trading volume surged by $99 million, reaching $405 million...
Web3 Pioneer Treehouse Dives Into NFT Analytics with Origins Acquisition
3.11.2023
Web3 data firm Treehouse has announced its acquisition of Origins Analytics, with the goal of expanding into NFT analytics. In a press release released on Thursday, the Singapore-based Treehouse said that it had completed the intellectual property acquisition of Origins to “bolster...
NBA Star Victor Wembanyama NFT Sells for $110,000+ in Record-Breaking Auction
3.11.2023
An NFT trading card based on NBA rookie phenom Victor Wembanyama sold for over $110,000 on Thursday, far surpassing the $67,333 that an individual paid for his physical trading card back in August. The card, released by the officially licensed fantasy basketball game Sorare, went for 61.182 ETH,...
Today in Crypto: ‘End of NFT Winter is Not Yet Visible’, Tattoos Come With Digital Twins, NEAR Partners with Berklee College of Music
3.11.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ NFT news Blockchain data analytics platform Nansen‘s analyst Sandra Leow found that “based on our study, the...
ATP inks deal with Artchild for the 2023 Nitto ATP Finals
3.11.2023
Artchild has formed a partnership with the Association of Tennis Professionals (ATP) in view of the 2023 Nitto ATP Finals, which will be held in Turin. This collaboration shall center on the convergence of tennis aficionados and digital collectibles. The patrons will be granted the opportunity...
ATP Tennis Tour Unveils NFT Drop for Personalized 2023 Finals Posters
2.11.2023
The Association of Tennis Professionals (ATP) has unveiled a partnership with digital art platform Artchild and artist Honor Titus to introduce fan-customizable digital and physical tennis posters during the upcoming 2023 Nitto ATP Finals. The partnership, titled POSTER, will allow fans...
Astar Network collaborates with Dew
1.11.2023
Astar Network is extremely excited to come with their official declaration that they have teamed up with Dew before the release of their Astar zkEVM. This association will help build a robust space for the benefit of creators on Astar zkEVM. Polygon has been unable to make its mark in the NFT arena...
MadSkullz incorporates Chainlink CCIP
1.11.2023
MadSkullz has gone in to incorporate Chainlink CCIP, which is the benchmark for safe cross-chain interoperability throughout Avalanche, as well as Ethereum and Polygon mainnets. MadSkullz is utilizing the unpredictable messaging service of CCIP for creating conventional cross-chain NFTs with...
Enjin introduces Fuel Tanks with a 3-month subsidy
31.10.2023
Enjin has teased that it will soon be launching Fuel Tanks by December this year, making them fully usable in the Enjin Wallet. The launch will be network-wide, with a celebration that will bring zero transaction fees for the community members. Enjin will, without a doubt, implement certain...
Steve Aoki Launches Exclusive Digital Sneakers as NFTs on Stepn’s Move-to-Earn Platform
30.10.2023
Steve Aoki and Stepn collaborate to release a limited series of NFT digital sneakers. Image by GulyaevStudio, Adobe Stock.In a recent collaboration that brings together the entertainment industry and cryptocurrency, electronic musician and NFT creator Steve Aoki has teamed up with the mobile...
Yumi Marketplace partners with Dmail’s SubHub
30.10.2023
Yumi Marketplace and Dmail’s SubHub have formed an alliance that is poised to trigger their growth through mutual benefits. Yumi Marketplace, for one, is all set to gain instant access to a large user base. SubHub, on the other hand, will have a chance to expand its ecosystem and allow users...
CS:GO developers admit insufficient NFT knowledge
30.10.2023
The developers of Counter-Strike: Global Offensive (CS:GO) have admitted that they lack the necessary understanding of NFTs. Currently, there are discussions about digitizing in-game creations. Valve, the game’s developer, issued a statement acknowledging that the firm lacks the expertise...
Affine & Chainlink: Pioneering the future of cross-chain NFTs!
27.10.2023
Affine might be a single DeFi platform, but it links to many blockchains. To ensure all these chains can communicate securely, they’re allying themselves with CCIP Chainlink. At the moment, Affine is actively using Polygon and Ethereum networks. Both of which have seen substantial growth in their...
NFT market slows despite crypto’s ascent
26.10.2023
In spite of the fact that there has been a significant increase in the value of digital assets, the overall NFT market is seemingly where it was. Over the last week, Bitcoin has witnessed an increase of 22%; from the figure of $28,000, it has reached $35,000. Bitcoin managed to take the industry...
hi forges a collaboration with The Sandbox
25.10.2023
hi, a Web3 neo-banking application, has formed an exclusive collaboration with The Sandbox. This will provide users with the option of spending the conventional token, SAND, in-store as well as online via the use of the hi Debit Card. With the offering of a gigantic community the opportunity...
iSanctuary uses NFTs to crack down on hacked wallets
23.10.2023
iSanctuary, which is an investigative agency in Britain, has cracked the whip on money that has been siphoned off and identified the concerned wallets. The agency filed an appeal with the High Court of Singapore and received consent to pin down the wallets. Through the tokenization of legal...