Yuga Labs Sets New Standards for NFT Royalty Protection
Key Insights: Yuga Labs, the NFT studio behind the popular Bored Ape Yacht Club and Mutant Ape Yacht Club, has taken a firm stand on the issue of creator royalties. Continue Reading →
Category: NFT (Non Fungible Token)
OpenSea Simplifies Wallet Creation with Email Integration
Key Insights: In a recent development, OpenSea, a frontrunner in the non-fungible token (NFT) marketplace, announced an innovative feature that significantly simplifies the wallet creation process for its users. This Continue Reading →
NFT Traders Turn to Tax Loss Harvesting with Specialized Platforms
Key Insights: NFT investors are finding innovative ways to manage their assets. Especially in the previous year, they turned to sell seemingly worthless tokens to offset capital gains on taxes. Continue Reading →
CoinGecko Broadens Horizons with Strategic Zash Acquisition
Key Insights: CoinGecko recently revealed its acquisition of Zash, a firm renowned for its on-chain data analytics focusing on non-fungible tokens (NFTs). This key acquisition marks a notable expansion of Continue Reading →
Exploring the Mechanisms and Concepts of NFT Mystery Boxes
Non-fungible tokens (NFTs) have been continuously evolving, encompassing everything from digital art to utility tokens in blockchain-driven games and metaverse initiatives. The recent surge in interest in NFT mystery boxes Continue Reading →
Fenix International Diversifies with a $20M Ethereum Investment
Key Insights: In a move reflecting the broader trend of mainstream businesses exploring the cryptocurrency domain, Fenix International Limited, the entity behind OnlyFans, has delved into the Ethereum market. This Continue Reading →
Bitcoin Ordinals Remain Dominant Despite Price Decline
Key Insights: Despite Bitcoin’s recent price downturn, Ordinals inscriptions continue to sway the cryptocurrency’s network activity. Remarkably, on August 21, Ordinals inscriptions and BRC-20 minting constituted nearly 85% of Bitcoin Continue Reading →
FTX Unveils Plan for Crypto Exchange Relaunch for Global Users
Key Insights: FTX, the embattled crypto exchange, has unveiled an audacious plan to rise from the ashes. The company is banking on a proposed restructuring strategy to breathe new life Continue Reading →
Moroccan Individual Charged in $448k Crypto Heist via Fake OpenSea Site
Key Insights: A Moroccan individual named Soufiane Oulahyane is facing substantial charges from U.S. prosecutors for his alleged involvement in considerable crypto and Non-Fungible Tokens (NFT) theft. The audacious digital Continue Reading →
ZachXBT’s Crucial Research Fuels $3.1M NFT Fraud Lawsuit
Key Insights: A groundbreaking revelation has sent shockwaves through the Non-Fungible Token (NFT) sphere, particularly in Canada, where Boneheads, an NFT group, faces a class-action lawsuit. The colossal $3.1 million Continue Reading →
Navigating the New Art Frontier: Unleashing the Power of NFT Art
Unlocking the digital art realm is like stepping into uncharted territory. However, it can be an exciting expedition of artistic evolution and potential profit. This guide will help you navigate Continue Reading →
Nike Teams Up with Epic Games for Game-Changing NFT Sneaker Release in Fortnite
Key Insights: Nike, the global leader in sports apparel and footwear, has ignited speculation with its latest teaser hinting at a groundbreaking collaboration with Epic Games, creators of the worldwide Continue Reading →
Zethan Launches Innovative Gaming Ecosystem Powered by Zethanx NFTs and Zksync
Key Insights: In a landmark move for the gaming and blockchain industries, the eagerly awaited Zethan project has finally launched, bringing together the worlds of Web3 and gaming. This next-generation Continue Reading →
Borrowing Against NFTs Has Become a $1B Industry – What’s Next?
According to Dune data, the cumulative volume for taking loans against NFTs reached $1 billion this week. The data indicate that top NFT liquidity providers BendDAO and NFTfi, along with Continue Reading →
What Is Proof of Attendance Protocol and Why Is It Important?
Proof of Attendance Protocol is a protocol proposed as a means of engaging with clients and attendees of events using Proof-of-attendance tokens. This came with the sudden popularity of non-fungible Continue Reading →
Crypto Launchpad Guide 2023 – All You Need To Know
A platform that is designed to launch new cryptocurrency projects or tokens is referred to as a launchpad. Initial coin offerings (ICOs), initial decentralized offerings (IDOs), initial game offerings (IGOs), Continue Reading →
You Can Book Flights for this Argentinian Airline Using NFTs
Non-fungible tokens (NFTs) have demonstrated that they can be used for so many things. One of these is in issuance of airline tickets as is being demonstrated by this Argentinian Continue Reading →
What is NFT Staking and How Does It Work?
What is an NFT? NFT stands for non-fungible token. These are unique digital assets that are stored on a blockchain. A decentralized digital record provides a secure and transparent way Continue Reading →
UK Government Shelves Initial Plans to Launch NFT
The UKÂ government has cancelled plans it had to launch a non-fungible token (NFT) for the country. The country’s treasury cancelled the move which was intended to make the UK Continue Reading →
NFT Investor Accidentally Burns 135K CryptoPunk NFTs
It’s an occurrence that sends shivers down the spine of any crypto investor and one that has recently become all too familiar in the world of Non-Fungible Tokens (NFTs). Riley, Continue Reading →
US Banking Crisis Ends NFT hype as DeFi Booms
The latest data from DappRadar shows that the recent downfall of Silicon Valley Bank and Circle’s USDC de-peg ended the hype around the non-fungible tokens (NFTs) while increasing activity in Continue Reading →
NFT Marketplace That Raised Over $5M is Shutting Down
Last March, when the NFT market was booming, Solana NFT marketplace Formfunction revealed that it had raised more than $5 million in a funding round in which OpenSea and other Continue Reading →
Yuga Labs Launches HV-MTL, a New Mech NFT Series
Yuga Labs, the mastermind behind the highly acclaimed Bored Ape Yacht Club, has recently launched a fresh NFT collection dubbed HV-MTL using an exclusive summoning technique. The collection offers a Continue Reading →
Meta Lays Off 10,000 Workers After Abandoning NFT plans
Facebook’s parent company Meta announced today a round of layoffs, hours after disclosing that it would wind down support for non-fungible tokens (NFTs). In a blog post, the tech giant Continue Reading →
A Guide to NFTs: The Future of Digital Ownership
The world of digital ownership is evolving, and Non-Fungible Tokens (NFTs) are at the forefront of this revolution. Non-fungible tokens (NFTs) have recently gained tremendous popularity, with artists earning millions Continue Reading →
