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President Biden Worried About AI After Watching Latest Mission: Impossible
1.11.2023
President Joe Biden signed an executive order designed to create the first real US regulations and suggestions about artificial intelligence on October 30. The order came after months of meetings about AI tech, though the White House also confirmed that, strangely, the new Mission: Impossible film...
NFT-Funded Film, Backed by A-list Director Soderbergh, Seals Historic Global Sales Agreement – Crypto Adoption on the Rise?
9.10.2023
Who says NFTs are dead? ‘Calladita / The Quiet Maid' - a movie funded by the sale of non-fungible tokens (NFTs), set to premiere at the Tallinn Film Festival - has secured a global sales deal.
'The Quiet Maid' is the first European feature film financed by the sale of NFTs. It is a debut film...
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...
Southeast Asia's Super-App Grab Joins Web3 Movement, Introduces Blockchain Rewards
8.9.2023
Southeast Asian all-in-one app Grab has added support for a Polygon-based Web3 wallet and non-fungible token (NFT) vouchers.
The new Web3 addition was created in collaboration with the Monetary Authority of Singapore (MAS), Tech in Asia reported, citing a Grab spokesperson.
This is a "short...
Adidas Unveils NFT Artist Residency with Plans for Physical Collaborations
1.9.2023
Adidas /// Studio has announced its very own residency program for "Web3-powered" digital artists.
Also known as the Three Stripes Studio, the streetwear giant stated that the debut 'RESIDENCY by adidas' program is "poised to welcome a diverse array of digital artists hailing from across...
Mickey Mouse Joins Disney Cryptoverse with $40 NFT Collection
29.8.2023
Cryptoys - Andreessen Horowitz-backed, non-fungible token (NFT)-native digital toy company - confirmed that it will launch a new collection featuring the world's most famous mice and planet-named dog.
Cryptoys said on Monday that the team is "incredibly excited" to announce their latest digital...
Logan Paul Promised To Repay Crypto Victims $1.3 Million, Tracker Shows It’s Not Happening
24.8.2023
Logan Paul’s NFT-based, play-to-earn “game” CryptoZoo never showed up after a botched preliminary launch in 2021, securing Paul a class-action lawsuit and furious investors waiting for the $1.3 million he promised as compensation. It’s been six months, though. Instead of continuing to wait quietly...
Coca-Cola and Top DAOs Join Coinbase's 'Onchain Summer' Web3 Festival for Base Launch
10.8.2023
Crypto exchange Coinbase has kicked off the multi-week Onchain Summer event to celebrate the launch of its much-anticipated Layer 2 network Base.
The crypto giant said that each week in the series will bring new activations across Web3, including art, music, culture, and gaming.
Companies...
GameStop’s Faithful Stock Fans Are Finally Having A Crisis
3.8.2023
NFTs and the blockchain were supposed to take GameStop to the moon. Now the flagging video game retailer is dropping support for its crypto wallet as the Securities and Exchange Commission threatens to crackdown on the burgeoning nexus of finance, tech, and online gambling. It’s the latest...
The Flash Movie Trainwreck Reaches A New Low With NFTs
14.7.2023
The Flash has been a disaster for DC and Warner Bros. The Ezra Miller-led superhero film is securing a record as one of the biggest box office flops in the business. There are a lot of factors that led us to that point, but Warner Bros. attempts to get any money out of the film before the...
Sega Bins Blockchain Plans, Calls F2P Games 'Boring'
7.7.2023
In April 2021, at the height of Web 3 Mania, Sega was one of the biggest companies to pledge its future to the scam that was “play to earn”. Now, just two years later and after the ass has completely fallen out of that market, Sega has had a change of heart.Read more
NFT Sales Dip in June — Ethereum Dominates, Bitcoin Stumbles, and Bored Ape Rises
1.7.2023
In June 2023, the sales of non-fungible tokens (NFTs) experienced a decline of 4.3% compared to the previous month. The latest figures show a slide from $739.50 million recorded in May to $707.70 million in June. June 2023 Sees a Slip in NFT Sales Data from cryptoslam.io reveals that NFT sales...
Steam Might Be Banning Games Made With AI Art
29.6.2023
Valve seems to be blocking video games created with AI-generated assets from being published on its online storefront Steam. A Reddit post from earlier this month, first noticed by GameDiscoverCo founder Simon Carless, includes a message from Valve explaining that it “cannot ship games for which...
NFT Market Sees 20% Drop in Weekly Sales After a Few Weeks of Gains
13.6.2023
After several weeks of consecutive gains, sales of non-fungible tokens (NFTs) have slumped 20.44% this week compared to the previous week. According to seven-day statistics, NFT sales totaled $152.96 million last week, with $84 million in sales originating from the Ethereum blockchain. This...
Axie Infinity Origins Breaks Through Apple’s App Store Barrier, Now Accessible to Select iOS Users
17.5.2023
Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game’s app is now available for Apple iOS users. Sky Mavis, the creator behind Axie Infinity, has adopted a strategic approach by rolling out...
African Blockchain Business Funding Rose 429% in 2022 — Report
20.4.2023
In 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the year earlier, the latest CVVC African blockchain funding report has revealed. The custody and exchanges category raised over $250 million, which is equivalent to more than 50% of funds...
Web3 Experiential Tokens and Asset Pricing
5.4.2023
Web3 consumer engagement models are still in their infancy, but could have the potential to unlock incremental value and enable price discovery for creators and investors alike
Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
7.3.2023
Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than...
How a Price Battle Between Two Heavyweight NFT Exchanges is Pumping Prices
3.3.2023
Despite the prices of most major cryptocurrencies stagnating over the course of the last 30-days, with the likes of Bitcoin and Ethereum only up a respective 1.7 and 4.0% and BNB and XRP down 3.9% and 7.0% each according to CoinMarketCap, the prices of non-fungible tokens (NFT) have been pumping....
Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run
2.3.2023
On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped today and was limited to 10,000 mints. Combining...