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South Korea Begins to Fulfill President Elect’s Pledge to Bolster the NFT Ecosystem
14.4.2022
An announcement by South Korea’s Ministry of Culture, Sports and Tourism appeared to fulfill incoming President Yoon Suk-yeol’s pledge to bolster the metaverse ecosystem after saying it will adopt a non-fungible token (NFT) copyright policy. Supporting the Metaverse Ecosystem...
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....
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China-based regulatory and trade associations target NFTs in latest risk notice
13.4.2022
“We solemnly call on consumers to [...] be vigilant and stay away from NFT-related illegal financial activities,” said the associations
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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What are the worst crypto mistakes to avoid in 2022? | Find out now on The Market Report
12.4.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss 9 of the worst mistakes you can make in crypto
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...
Crypto seen as the ‘future of money’ in inflation-mired countries
11.4.2022
Citizens in countries with heavily devalued currencies “need to have crypto.” In the developed world, it’s often just “nice to have.”
UK-based loan provider lets investors tokenize their fund with Securitize partnership
11.4.2022
The bridge financing fund becomes the first UK-based company to establish such partnership with a U.S. platform
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.
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Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours
9.4.2022
On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHIB has been destroyed. Shiba Inu Burn Rate Increases Significantly...
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 Self Defense: Staying Safe in Web3
8.4.2022
John Ennis, Ecosystem Lead of Gnosis Safe, a multi-signature (multisig) wallet solution.
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From BAYC, Cryptopunks, Meebits, NFT collections are gaining mainstream attention from brands to celebrities to everyday individuals, but not all this attention has been positive. NFT hacks...
A double-edged sword? Once-famous brands are getting into crypto
8.4.2022
As more defunct companies try to cash in on their former glory by using various crypto avenues, experts are divided if this is really good for the industry
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...
Meta may introduce tokens and digital currency lending services to apps: Report
6.4.2022
The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse
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...