XRPL’s significant milestone and the incorporation of NFT and DeFi features underscore a noteworthy evolution in the cryptoverse. Key Takeaways The XRP Ledger (XRPL), Ripple’s distinguished smart contract platform, has achieved a noteworthy milestone by successfully closing its 83 millionth ledger this Thursday, showcasing the rapid developmental strides the platform is making in its persistent…
Solana’s top NFT platform is approaching the daily trader volume of all Ethereum-based NFT platforms combined, benefiting from its fast blockchain speed and low transaction fees. Key Points Solana’s leading NFT marketplace is making waves in the crypto world, boasting nearly as many daily traders as all Ethereum-based NFT platforms combined. This impressive feat is…
Amazon Prime Gaming teams up with Mojo Melee, providing exciting benefits to subscribers and introducing blockchain gaming to a wider audience. Key Points Amazon Prime Gaming has announced its latest partnership with the NFT game, Mojo Melee. This collaboration brings exciting new opportunities for both Amazon Prime subscribers and Mojo Melee players. Mojo Melee is…
Vera Molnár’s “Themes and Variations” NFT collection sells out at a Sotheby’s auction, raking in $1.2 million in just an hour. Key Points Vera Molnár’s NFT collection created a buzz in the art world as it sold out within an hour at a Sotheby’s auction, generating an impressive $1.2 million in sales. The collection, named…
ZachXBT’s investigation into the Boneheads NFT rug pull leads to legal action in Canada over the scam worth $3.1 million. Key Points Crypto detective ZachXBT’s investigation into the infamous Boneheads NFT rug pull has made waves in the Canadian legal system. The lawsuit, which centers around the project’s scam of over $3.1 million, relies heavily…
The floor price of the Bored Ape Yacht Club (BAYC) NFT collection has hit its lowest point in over 20 months, reflecting a larger decline in the NFT market. Important Points In a surprising turn of events, the floor price of the Bored Ape Yacht Club (BAYC) NFT collection has plummeted to its lowest point…
Key Points Making waves in the NFT space, Animoca Brands and decentralized protocol heavyweight, Rarible, announced the launch of the Mocaverse Marketplace. This next-generation platform, specifically designed for Animoca’s membership NFT collection, presents a unique, secure, and credible environment for digital asset transactions. Mocas thrive in unity, and so does the entire web3 space. We…
Esteemed lensman, David Christopher Lee, is set to excite his fans and the crypto community with his latest announcement. Over the course of June, Lee plans to offer several prized photos as NFTs, free of charge. Among these coveted treasures is a photograph of Kim Kardashian, renowned for her beauty and media presence. Purchase @luxesquire’s…
Renowned blockchain sleuth ZachXBT recently pointed a finger at the NFT venture, Pixel Penguin, accusing it of operating a ‘charity rug pull’. The project garnered considerable notice when Andrew Wang, a notable Web3 influencer, suggested the initiative aimed to support a cancer-stricken woman, named Sara. Today @andr3w supported a charity project rug by @hopeexist1 someone…
In an unexpected turn of events, a collection of non-fungible tokens (NFTs) called ‘Bitcoin Frogs,’ with a Pepe theme, takes the lead. Over the last 24 hours, it has gained the spot of being the most traded NFT collection. With a trading volume exceeding $2.2 million, it left behind well-known collections, such as Bored Apes….
The NFT market of China received warnings on Monday from The Supreme People’s Procuratorate of China stating that there are a lot of risks hovering around the NFT market and the authority also stressed the need for proper regulation of emerging asset classes highlighting that NFTs also share some elements of virtual assets. NFT in…
In a surprising move, Web3 platforms Tessera and Escher recently declared their intent to discontinue operations. Andy Chorlian, Co-Founder and CEO of the Fractional Token Company, announced the decision via a Twitter post. The announcement came amidst a challenging period in the crypto industry, often referred to as the “crypto winter.” The Unique Propositions of…
The French automobile company Renault has announced the release of its second NFT collection, RACING SHOE5. It combines one-of-a-kind sneakers inspired by the classic first-generation R5 Turbo models and their digital counterparts as 3D NFT art registered on the blockchain. The release was followed by the successful launch of its first R5 NFT collection last…
ONE Championship, the world’s largest martial arts organization, has partnered with Animoca Brands and Notre Game to develop innovative mixed martial art (MMA) mobile game that is set to launch in 2024. The game, dubbed “ONE Fight Arena,” will leverage blockchain technology and NFTs to create a unique and immersive gaming experience for MMA enthusiasts…
Sotheby’s, a renowned auction house, has announced plans to auction off a rare and valuable collection of blue chip NFTs called GRAILS Collection from 3AC. The auction, slated to commence in May, will showcase an array of NFTs, including Larva Labs Zombie Punk and Dmitri Cherniak’s Golden Goose. Rare NFTs Take Center Stage at Sotheby’s…
Sportswear giant Adidas has revealed the first chapter of its much-anticipated ALTS Dynamic NFT collection. This project marks the final phase of its Into the Metaverse initiative, which explores the intersection of fashion, gaming, and non-fungible tokens (NFTs). According to the company, the ALTS Dynamic NFTs will enable players to showcase their unique style and…
A devastating mistake has landed an NFT owner in hot water. The proud owner of a CryptoPunk, which he had just purchased for an impressive 77 ETH ($123,434), destroyed this by accident while attempting to wrap it and borrow against its value. The tragedy happened when the owner followed unclear instructions, causing him to send…
Web3 fans, digital artists, and business leaders were eagerly waiting for the return of the Non-Fungible Conference. With 200 important figures from the Web3 industry, traditional and digital artists, and 5,000 visitors, the conference is expected to double its attendance after a sold-out debut last year that was attended by more than 2500 artists, collectors,…
Since last year, OpenSea, the biggest market for buying and selling non-fungible tokens (NFTs), has been the target of numerous hacks. Due to several hacking efforts, the platform has lost NFTs totaling $200 million so far. Users grow skeptical as a result of this loss. Although Opensea just fixed a vulnerability that may have revealed…
With its most recent collection, Starbucks, the largest coffee chain in the world, has managed to make a mark in the non-fungible tokens (NFT) market. The Starbucks NFT Collection was unveiled on March 10th, 2023, and sold out in just 20 minutes for a whopping $200,000. Unfortunately, the collection was only accessible to Starbucks Odyssey…
Yuga Labs have unveiled an ordinal inscription collection TwelveFold, their newest and most ambitious foray into the NFT space. This collection is set to revolutionize blockchain technology with its unparalleled utilization of the bitcoin blockchain. With eye-catching features that encourages enthusiasts from all over to partake in this unique corner of the crypto sphere, it…
NFTs have been hot this week, with sales skyrocketing by a whopping 138.15% compared to the prior week. Between February 19th and 24th, an eye-popping $801 million worth of NFTs was exchanged, confirming the meteoric growth of these revolutionary non-fungible tokens. Even more impressive is that this increase was achieved even though many experts have…
The FBI has made a victorious recovery of $100K worth of NFTs and $144,000 worth of Ether following the investigation by ZachXBT, a talented group of Crypto Scam Research. At the time of the raid, the FBI discovered valuable NFTs including Bored Ape Yacht Club#9658, and Doodle #3114 worth $95,495 and $9,361. It’s yet another…
