Searching for: "

NFT

"


NON-FUNGIBLE TOKEN

 
A special type of cryptographic token that is a representation of a unique digital asset that is not interchangeable. This is in contrast to cryptocurrencies like Bitcoin, and many networks or utility tokens that are fungible in nature.

Sort By: Relevance | Latest

Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction
Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.

The Thrill Behind Non-Fungible Tokens
A non-fungible token (NFT) is a digital asset whose ownership is blockchain-based, and its value is pegged on its uniqueness. Some of the most common use-cases of NFTs include event tickets, game items, digital collectibles, software licensing, digital certificates, in-game props, authentication certificates, and domain names.

Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity
Twitter CEO Jack Dorsey has capitalized on the non-fungible token (NFT) hype that has been going around.

NFT Mania Grips The Market As Hashmasks Emerge
While Bitcoin’s market capitalization passed $1 trillion for the first time ever on Feb.19, the Non Fungible Token (NFT) market has been growing at a pace like never before as well. A NFT is a special kind of crypto token which represents a wide range of tangible and intangible items from sports cards or collectibles, art and even real estate.

Beeple NFT Sells at Auction for $69.3M, The Biggest NFT Sale to Date
The world's most valuation NFT by Beeple has been auctioned at Christie's for an approximate sum of $69.3 million

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
Nifty, a centralized USD-based exchange for non-fungible tokens (NFTs), has announced that the Nifty Gateway 2.0 upgrade is live as of March 17.

Abu Dhabi Global Market to Permit Licensed Exchanges Trade NFTs
The Abu Dhabi Global Market (ADGM) is building out a regulatory framework that may make trading platforms or exchanges that have licenses to operate within the free trade zone to trade NFTs.

WeChat to Ban Crypto and NFT-Linked Accounts, following Updated Terms of Use
China’s WeChat, the Tencent-backed social messaging platform, has indirectly announced its plans to crack down on accounts on the platform that are linked to digital currencies and NFTs.

Ukrainian President Signs Law to Establish Regulatory Framework for Crypto
Amidst the ongoing war on its shores, Ukraine President Volodymyr Zelenskyy has signed into law the bill that will legalize digital currencies in the country.

Malaysian Communications Minister to Propose Crypto Legalization
Datuk Zahidi Zainul Abidin, the deputy minister of the Malaysian Ministry of Communications and Multimedia, is rallying the government to legalize cryptocurrencies to benefit the tech and crypto-savvy population.

EU Plans to Bar Interest Payments on Deposits in Stablecoins
Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.

Chinese Tech Giants Pull the Plug on NFTs to Wade Off Regulatory Crackdown
WeChat has started suspending the accounts of NFT outfits on grounds that they violated its policies on illegal trading, local media reported.

Regulator in Hong Kong Warns Users Against NFT Trading Risks
The Securities and Futures Commission of Hong Kong has stepped up its awareness campaign in relation to the risks inherent in the trading of NFTs.

KuCoin Rolls Out $100m Creators Fund to Accelerate Web3 Growth, Empowering Early-Stage NFT Projects
Crypto exchange KuCoin has announced a $100 million “Creators Fund” to enhance the Web3 ecosystem and support early-stage NFT projects in sports, arts, GameFi, and celebrities.

ESPN and Autograph Sign First Multi-year NFT Deal
Multinational multimedia sports entertainment brand ESPN Inc. and Tom Brady-founded Web3 brand Autograph signed their first multi-year NFT agreement on Wednesday.

Samsung Inks Deal with Nifty Gateway, Allowing Trading NFTs with Smart TVs
South Korean electronics giant Samsung has teamed up with Nifty Gateway to develop a new line of smart TVs that will enable trading NFTs.

eBay Considers to Accept Crypto Payments for Entice Millennials
E-commerce marketplace eBay is likely on its way to accepting digital currency payments on its platform, attracting young generations.

The Crypto Market in 2022: Trends and Predictions
The future for crypto is bright, with some already well-established and well-known cryptocurrencies increasing their price by up to 400% by the second half of 2022, at least according to the impressive predictions of some – perhaps overly – optimist analysts.

Cristiano Ronaldo to Bring his Fans into Web3.0 through Binance Partnership
Binance exchange has signed Cristiano Ronaldo, a Portuguese footballing legend who now plays for Manchester United FC in an exclusive multi-year deal.

Sotheby's to Accept Ether in Live Bidding for Sale of Banksy's Works
Sotheby’s auction house will be accepting Ethereum cryptocurrency during live bidding for its upcoming virtual exhibition where two of Banksy's artworks will be up for sale.

"Web3.0 is Much, Much Better for Creators Than Web2", a16z Suggests
Renowned Venture Capital (VC) firm, Andreessen Horowitz (a16z) has shared data that shows creators have a lot of benefits when they pitch their tents with Web3.0 rather than Web2.0.

Talk to Earn, TAGO to Introduce Blockchain Technology in Mental Health Sector
TAGO, a UK-registered tech startup, aims to connect people in need of support for mental health through blockchain technology.

Top 4 crypto events to watch in 2022 besides The Merge
Following up on the rapidly developing blockchain technology, let's take a look at what the crypto community is looking forward to in 2022 – the biggest milestones for some of the most popular blockchain systems besides Bitcoin and Ethereum.

Bored Ape Yacht Club Enters the Movie Scene, Pairing with Coinbase
Seen as the face of the non-fungible token (NFT) market, the Bored Ape Yacht Club (BAYC) has entered the silver screen based on a series of animated short films called “The Degen Trilogy.”

Game Developers Have Increasing Interest in Blockchain and NFTs Products, says Stratis Survey
A new survey report shows a sizeable number of respondents agreeing that blockchain technology will become prevalent in video gaming within the next two years.

Crypto industry poised for growth despite low BTC price
Bitcoin struggles to trade above $20K, and market participants await a long-awaited rally to new highs with every passing day. Considering that we haven't seen this yet, are there any positives to keep crypto enthusiasts' spirits high or is everything a negative?

Genesis Report Reveals Institutions Seek Diversification of Digital Assets
Genesis had a blockbuster Q4. The expansion was noted across all business lines. Read on to find out the details and to see the industry's prospects.

Resonate Partners with Fetch.ai, Rendering a Decentralized AI-Powered Social Media Experience
To offer users a personal AI-powered, decentralized, and trusted social media experience, Resonate, a decentralized social NFT platform, is leveraging the power of blockchain technology and machine learning provided by Fetch.ai.

DEVITA Goes Live on Polygon for Equitable Healthcare and Speedy Data Transmission
To maximize healthcare operations and processes through the latest innovations in NFT and decentralized identification (DID) technologies, DEVITA has joined the Polygon network.

Walmart to Launch its own Crypto and Collection of NFT
US retailer Walmart is actively engaging in Metaverse, with documents filed with the US Patent and Trademark Office late last month, showing that the company is preparing to create its own collection of crypto and NFTs.

NFL Announces to Host 2024 Draft in Detroit, Seeking Blockchain Sponsorship Deals
National Football League (NFL) announced Monday that the NFL 2024 draft will be held on April 24 at Matthews Campus Park in downtown Detroit. NFL is seeking blockchain sponsorship deals.

Twitter Enables Bitcoin Tipping on Its Platform, Plans to Support Users to Unlock NFTs Services
Twitter has moved to let its users tip content creators using Bitcoin to help users earn money for the platform. The social media giant is also expanding its reach to support users to authenticate and showcase their NFT digital assets.

NFT will Become the Revenue Model of Metaverse,Co-founder of Tether William Quigley says
William Quigley, the co-founder of the stablecoin- Tether (USDT), said the business model would undergo radical changes in the future. The delivery of non-fungible tokens (NFTs) will become the revenue model of Metaverse and Crypto.

Mozilla Foundation Backtracks on Accepting Cryptos after Backlash
Mozilla has reversed its stance on accepting cryptocurrencies after facing backlash over concerns about the impact cryptocurrency mining has on the environment.

UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs
To celebrate efforts of saving children's lives and defending their rights for seventy-five years, UNICEF intends to sell 1,000 data-driven NFTs.

MetaBunny - An NFT Collection you don’t want to miss! Coming to you on 23rd MARCH 2022
Since 2021, NFT has been one of the hottest topics, it is said that the year 2021 is the Birth Year of NFT. According to “The Collins Word of the Year 2021”, the use of the word “NFT” has seen a 1,100,00% increase. In the birth year of NFT, its estimated sales also increased over 2,000% between Q4 2020 to Q1 2021, from 93 Million USD to an astounding 2 Billion USD.

MetaBunny NFT gaining traction in Thailand
Capturing all the hype from Thailand, a number of popular Thai influencers have shared their keen interests in the MetaBunny NFT project.

Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
Crypto.com announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.

GameStop's NFT Marketplace is Out in Beta
GameStop's NFT marketplace is out in beta and integrated with the Ethereum Layer 2 zkRollup protocol, Loopring (LRC).

Hyundai Emerges as First Automaker to Roll Out Community-Based NFTs
South Korean auto giant Hyundai Motor has entered the non-fungible token (NFT) market after partnering with the ‘Meta Kongz’ NFT brand to enhance its customer community and brand awareness.

FTX US and DC Sports Leader MSE Establishes Multi-year Crypto Exchange, NFT Deals
Cryptocurrency exchange FTX USA announced on December 20 that it has become a cryptocurrency exchange and non-fungible token (NFT) partner with Monumental Sports & Entertainment (MSE).

Nike Acquires NFT Sneaker Collectibles Startup RTFKT
NFT platform RTFKT Studios, which integrates reality into fashion and games, announced on its official Twitter account on December 13 that it has been successfully acquired by sports brand giant Nike.

Ethereum's Revenue Hit $9.9B in 2021 as ETH Emerges as the Most Searched Project
Ethereum (ETH) scaled the heights in 2021 by generating revenue to the tune of $9.9 billion thanks to a couple of use cases on its network.

South Korean Companies Adopt NFT Strategy to Attract the Younger Generation
Non-fungible tokens (NFTs) have been endeared in the South Korean market as companies treat NFTs as one of the favourable marketing tools.

Defunct File Sharing Network LimeWire to Make a Comeback as NFT Marketplace
LimeWire, the controversial file-sharing network that closed down back in 2010 is relaunching this May, but as a Non-Fungible Token (NFT) marketplace

Noah Davis Quits Christie's To Join Rival NFT Marketplace Yuga Labs
Noah Davis has entered a new phase in his career. Yuga Labs has hired Davis from auction house Christie’s. Davis announced he is pleased to be joining Yuga Labs as sales project lead.

Our Happy Company's NFT Platform OurSong Integrates with Circle
Web3 infrastructure platform Our Happy Company launched its social NFT platform OurSong and integrated with the issuer of stablecoin USD Coin (USDC) Circle.

Polygon Launches New Division Polygon Studios, Focusing on Blockchain Games and NFT Fields
Ethereum layer 2 scaling solution Polygon today announced establishing a new division, Polygon Studios, to focus on blockchain games and non-fungible tokens (NFTs).

Public Acquires Otis to Take NFT Fractionalization Mainstream
Public.com, a platform that enables investors to invest in stocks, funds, and cryptocurrencies has announced its acquisition of Otis.

Bitcoin Celebrates 13th Birthday as the Cryptocurrency Era Continues to Tick
On January 3, 2009, Bitcoin’s genesis block was mined, setting the ball rolling on what the crypto space would offer.

Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals
Nvidia Corporation has set its eyes on adding more creativity in the metaverse based on various marketplace and software deals.

Ripple Reports Massive Sales Growth in Q3 Riding on Crypto Price Surge
Blockchain payments firm, Ripple Labs Inc has announced its sales record for the fiscal third quarter which comes in at $491.74 million.

WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan
Interactive game company WildWorks said it will enter the field of encrypted games and establish a new department focused on the development of the NFT virtual game community.

Japan's Messaging Platform LINE to Launch NFT Marketplace
Japanese social media and messaging platform LINE has launched its Non-Fungible Token (NFT) marketplace dubbed LINE NFT which is set to officially go live on April 13.

NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b
The non-fungible tokens (NFTs) sector continues to take the world by storm based on the massive growth experienced.

NFT Trading Volume Surpasses $54B, Exceeds 200% in 2022
The NFT market continues to take the world by storm based on the notable adoption and trading volume witnessed.

Breaking: French Montana Unveils Plans to Revolutionize Music & Crypto with Web3, NFTs, and Metaverse
An exclusive interview with three-time grammy-nominated recording artist French Montana, touching upon his upcoming NFT collection. The interview taken in Crypto Opinion with Mike Ermolaev series

PwC Global Crypto Leader Henri Arslanian on the Future of the Crypto Ecosystem
Henri Arslanian, the PwC Global Crypto Leader, Chairman of the FinTech Association of Hong Kong, is the highest-profile FinTech consultant in Hong Kong according to Chambers Global. Blockchain.News interviewed Arslanian at the Asian Financial Forum held in Hong Kong earlier this month, where he was invited to speak on the development of FinTech. The Asian Financial Forum brought over 3,500 speakers and influential financial experts, policymakers, and business leaders.  

Radio Caca's Vitaliy Tyan on the "truest" DAOs, NFTs, Metaverse, and Web 3.0 Reshaping Reality
Mike Ermolaev, ChangeNOW's Head of PR, conducted an exclusive interview with Vitaliy Tyan, the Head of Marketing at Radio Caca (RACA), a pioneer in the metaverse arena. He learned what drives giant DAOs like RACA to succeed, what the future of education will look like in the Metaverse, and how the organization plans to expand. They also discussed NFT interoperability and escapism in the Metaverse.

A Q&A with ChangeNOW's Mike Ermolaev about NFTs and DeFi
We had a chance to speak with Mike Ermolaev, Head of PR at ChangeNOW, about the NFT sphere that is sweeping the crypto world, its nuances, and another popular segment of DeFi.

HolyShxxt!'s NFT and Future GameFi plans Shows HK's Potential
Hong Kong-based non-fungible token (NFT) and blockchain developer HolyShxxt!'s release of NFTs and their plan to launch a strategic football management simulation GameFi shows the potential growth of the fusion of gaming and blockchain-powered financialization in the city and globally.

Exploitation in the NFT World is Real But Are They Preventable?
Blockchain.News recently spoke to three industry leaders to explore NFT-linked security weaknesses and solutions. Experts suggest investors should always do their own due diligence before injecting funds into any project, no matter the hype.

New Art Landscape of NFT Shaping in Hong Kong
【Feature】Although Hong Kong's art scene is already booming lucratively with galleries and auction houses showcasing world-class art pieces, the city is on its way to adding another milestone on its journey with non-fungible tokens (NFTs).

TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse
It’s no secret that TRON has been eyeing a foray into NFTs and digital collectibles for some time; only last week, Justin Sun was pipped to the punch to purchase Beeple’s NFT art collection at Christie’s. The TRON founder placed a last-minute bid that fell just short of the $69 million the work eventually went for.

eBay Officially Launches NFT Sales on Its Platform
eBay has moved to get a piece of the pie in the NFT market share.

Pixlr to Launch NFT-based Art Gallery With a Collection of Unique AI-generated Art Pieces
Pixlr is launching Pixlr Genesis, a decentralized NFT-based art gallery on December 1, 2021, with a collection of 10,000 unique, AI-generated art pieces.

Colnago Deploys Blockchain-Powered Digital Passport for Seamless Cycling Experience
Colnago, a leading Italian road-racing bicycle manufacturer, has integrated blockchain technology into its new bicycles so that customers can get proof of validity and ownership.

WWE Plans to Release the Undertaker NFTs Ahead of WrestleMania 37
The World Wrestling Entertainment (WWE) has announced that it will release non-fungible tokens (NFTs) featuring the Undertaker ahead of WrestleMania 37, which will run today and tomorrow at Raymond James Stadium, Tampa, Florida.

Tron Foundation Launches its "Just NFT Fund"
The Tron Foundation has launched its" Just NFT Fund" to help bridge the gap between artists and the NFT metaverse.

The New York Stock Exchange to Mark Companies' Trading Debuts with NFT
The New York Stock Exchange is launching "NYSE First Trade NFTs" to mark the company's historic debut on the public bourse.

NFTs of Nobel Prize-winning inventions to be auctioned by UC Berkeley
UC Berkeley will sell data for immunotherapy and gene editing from the Nobel Prize winners to non-fungible tokens (NFT) next week.

US Filmmaker Kevin Smith Plans to Sell New Horror Movie "Killroy Was Here" As NFT
US filmmaker Kevin Smith wants to release a new horror movie as an NFT.

ChangeNOW Adds NFT Functionality to Its NOW Wallet
ChangeNOW announced that it has added an NFT section to its NOW Wallet. Users can now browse, receive, send, and store their NFT collections seamlessly right from their fingertips.

Metis Launches The First-Ever Community-Minted NFT
Blockchain company Metis has announced today a launch of the first-ever community-minted non-fungible token (NFT), called “Rebuilding the Tower of Babel.”

SolChicks- The Best Play-to-Earn Game on Solana.
SolChicks is the next best play-to-earn RPG battle gaming ecosystem. Real-time PvP, raids, tournaments, farming, and more.

Fundraising by Crypto Companies Accounts for $8.2B in Q3
A study says that as cryptocurrencies continue gaining steam, crypto companies raised capital worth $8.2 billion in the third quarter of 2021.

Percentage of Crypto Transaction Volume Used for Crime is Reducing: CipherTrace
The growth of the broader cryptocurrency ecosystem is not reflected in the percentage of crypto transaction volumes being used for illicit or fraudulent criminal activities.

24% American Households Purchased NFTs or Crypto, Study Shows
Crypto and NFTs are emerging as some of the sought-after assets by households and sports fans on American soil. 24 % of households in the U.S. have owned crypto, according to a poll by Seton Hall University.

Kazakhstan Is Not Late to Embrace Crypto: National Bank Chairman
The National Bank of Kazakhstan is warming up to cryptocurrencies, but not at the same pace as some governments that have legalized the trading of cryptocurrencies on their lands.

Web3.0 Wallet Tracking App Context Raises $19.5m in Seed Funding
Web 3.0 application Context has secured a $19.5 million seed round led by Variant Fund and OpenAI CEO Sam Altman.

Solana Launches $100m Web3.0 Fund for South Korean Startups
Layer-1 blockchain protocol Solana has launched a $100 million fund to back startups in the South Korea Web3.0 ecosystem through its subsidiaries Solana Ventures and Solana Foundation.

Crypto Media Decrypt Secures $10m for Further Editorial Growth
Crypto news company Decrypt announced that it has raised $10 million after departing from its parent company ConsenSys Mesh at a post-money valuation of $50 million.

NFT Trading Platform Magic Eden Raises $130m at $1.6B Valuation
NFT marketplace Magic Eden has raised a new $130 million in a Series B funding round, increasing its valuation to $1.6 billion.

HBAR Foundation Launches $250m Metaverse Fund
The HBAR Foundation launched a $250 million Metaverse Fund, which aims to integrate Hedera Hashgraph's Web3 metaverse world for consumer brands.

API-Based NFT Startup Rarify Raises $10M Funding Round, Led by Pantera Capital
Rarify, an application programming interface (API) platform, announced that it raised $10 million in a Series A funding round led by crypto investment firm Pantera Capital.

Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare
Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.

NFT Layer-2 Protocol ImmutableX Raises $200M in New Funding
Immutable X, an Ethereum-based layer-2 NFT token platform, has announced the completion of its Series C funding round in which it raised the sum of $200 million from leading investors.

NFT platform Autograph Raises $170M in Series B funding
Another NFT platform succeeds in raising capital from investors; Autograph has raised $170 million in Series B funding, co-led by a16z and Kleiner Perkins.

New York Stock Exchange to Release NFTs For Six Stocks
The New York Stock Exchange has revealed that it will launch NFTs to celebrate the debut of six stocks recently listed on its platform - Roblox, DoorDash, Unity, Snowflake, Spotify, and Coupang.

Bitwise Adds Blue-Chip NFT Index Funds to its Big Bag
Bitwise has announced the launch of its Blue-Chip NFT Index Fund, a product it said will be available to accredited investors in the U.S.

Blockchain Soccer Startup GOAL Pulls $15m in Seed Funding
Stockholm and NFT-based soccer startup, GOALS, has raised $15 million as seed funds from venture capital firms and angel investors.

HK-based Ucollex Raises $10M in Funding, Led by Animoca Brands
NFT platform Ucollex closed a $10 million Series A funding round led by Animoca Brands and the MCP IPX One Fund from Japanese investment firm MCP Asset Management.

Web3 Gaming Platform LootRush Raises $12m in Seed Round
Web3 gaming platform LootRush has raised $12 million in seed funding led by crypto company Paradigm, aiming to make playing Web3 video games easier and more convenient for users.

Astaria Raises $8m in Seed Round to Improve NFT Lending Liquidity
While NFT lending has become a popular way of accessing more cash, most NFTs are illiquid. This is the problem that Astaria is trying to solve.

Animoca Brands Releases Key Unaudited Financial Report, Portfolio investments Worth Over $1.5Bn
Hong Kong-based Animoca Brands has released an unaudited financial report. $573 million was recorded for its bookings and other income for the first four months of 2022.

Elon Musk Reverses Decision to Sell NFT, but not before Setting an Asking Price of 420M Dogecoins
Elon Musk expressed his wish to sell his NFT for 420 million Dogecoins. This would translate to a total profit of around $24.26 million. However, the Tesla CEO seems to have come back on his decision. What has happened to DOGE's price in the meantime?

Space Runners Raises $10M Funding to Democratize Blockchain-Backed Fashion Metaverse
Space Runners announced that it raises $10 million in a funding round co-led by Polychain and Pantera Capital. The company wants to use the funding to expand its NFT product lines.

Cometh Gaming Studio Announces $10m Funding in Seed Round
Cometh gaming studio has announced a $10 million seed round as it launched a second blockchain-based video game.

Metaverse will change the world in 2022
After Facebook has announced to change its name to "Meta" last summer, the whole world has focused on a term called "Metaverse". The word "Metaverse" has been searched in Google and Youtube every day. However, Meta is not a decentralized organization that is not a Decentralized Autonomous Organization (DAO), a Web.30 concept, and GameFi players may not like it.

Top 5 Technology Trends that Might Shape in 2022 and Beyond
One word that has been on the tip of the tongue of almost every second person on this planet especially since the last decade, and that has completely revolutionized the world in which we are currently living, is none other than technology.

What are NFTs?
A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.

Bitcoin Is About to Break Out and Rally & Top Monthly Gainers
With lackluster trading, Bitcoin is struggling to hold above the $47K resistance level. Speculation regarding a recession has brought down BTC 1% over the past week, as the yield curves of the 30-year and five-year Treasury yield curves inverted for the first time since 2006. Inversions have historically preceded recessions.

Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High
The latest surge in the crypto market has made Ethereum’s perpetual swaps open interest to hit a record-high.

Ethereum Has Vastly Outperformed Tech Stocks With a Staggering 171% ROI
Ethereum's price drop hasn’t dampened its spirits to offer an impressive return on investment (ROI) so far this year compared to tech stocks like Microsoft, Facebook, and Apple.

Ethereum Accounts for Nearly Half of the Trading Volume on Top Exchanges
Ethereum accounts for almost half of the trading volume on top exchanges compared to a quarter a year ago.

Crypto Review 2021: Full of Uncertainty and Volatility
Before the end of 2021, Blockchain.News summaries serval key events and milestones that the crypto sector has witnessed this year.

Sky-High Transaction Fees are Driving NFT Users Away from Ethereum, says JPMorgan
A decreased return in Ethereum's NFT market share is attributed to congestion and high gas fees.

Proposal for ApeCoin to Move Away from Ethereum Favoured by APE Whales
A campaign of "ETHxit" is ongoing. ApeCoin DAO holders are voting to decide if they should move ApeCoin away from Ethereum to its blockchain or remain on the ETH chain. Currently, the majority goes to "leave".

Ethereum’s Top 10 Non-Exchange Whale Addresses Surge, NFT's Google Search Volume Up Exponentially
Ethereum non-exchange whales have been accumulating more coins, which signifies a holding culture.

Ethereum Miner Balances Hit a 50-Month High as ETH Leads in NFT Sales
Ethereum (ETH) miners have seen their holdings go through the roof to the tune of $1.85 billion.

ETH Balance on Exchanges Sink to a 2-Year Low as Miner Revenue Hit a Monthly High
Ethereum (ETH) has been undergoing a mass exodus away from crypto exchanges recently, given that its balance dropped to a two-year low.

Will Ethereum's Records Biggest Crypto Exchange Outflow in 2022 Propel More Upward Momentum?
Ethereum witnessed the largest crypto exchange outflow this year, given that coins exited in droves to the tune of more than 180,000 ETH.

Ethereum-Based Products Hit a 72.8% Monthly Growth as the US Reigns Supreme in DeFi Adoption
Ethereum-based products skyrocketed to $13.8 billion after recording a 72.8% monthly growth.

South Korean University to Present NFT Certificates for Graduates
Sungkyunkwan University (SKKU), a top private university in Suwon, South Korea, seeks to present NFT certificates to three excellent graduates at the graduation ceremony.

UK to Accept Stablecoins as Form of Payment, Plans to Mint NFT by this Summer
The UK announced to accept stablecoins as a valid form of payment and has set plans to make Britain a global hub for cryptoasset technology and investment.

Is Tezos' NFT Reawakening Enough to Sustain its Current Price Uptrend?
Tezos (XTZ) printed a new ATH over the weekend, rising on the back of its ongoing NFT rejuvenation.

Mark Cuban Discusses Dogecoin with Ellen DeGeneres as DOGE Adoption Surges
Mark Cuban has given Ellen Degeneres a brief rundown on Dogecoin and NFTs.

Solana Elbows Tether to 4th Position amid NFT Secondary Sales Clocking $500M
Days after flipping Cardano (ADA) to become the fifth top cryptocurrency, Solana (SOL) is not relenting in its quest to scale the heights because it has dethroned Tether (USDT) at the fourth position.

XRP Coin to Feature in DeFi With Proposed Wrapped XRP Coming to Ethereum
Starting from next month, blockchain cross-chain assets provider Wrapped.com will be launching wrapped XRP (wXRP), a 1:1 XRP asset on the Ethereum blockchain.

Publicly Traded Voyager Digital to Add Support for Avalanche Token
The Avalanche public blockchain network has continued to expand its ecosystem reach as a publicly-traded digital currency brokerage firm, Voyager Digital has announced it will be adding support for the AVAX coin.

KPMG in Canada Acquires World of Women (WoW) NFT
KPMG Canada, a full-service Audit, Tax, and Advisory firm owned and operated by Canadians, have announced it has purchased a World of Women (WoW) NFT.

Only1 Launches First Web3.0 Social NFT Platform Built on Solana
Only1, a decentralized web3 social platform, is set to revolutionize how consumers use the social media landscape. Only1 pivots into a creator economy solution to eliminate intermediaries and allow creators to monetise their content easily.

Yuga Labs Acquires IP Rights to CryptoPunks and Meebits
The startup behind the Bored Ape Yacht Club NFT collection, Yuga Labs has acquired the Intellectual Property rights to the CryptoPunks and Meebits collections from LarvaLabs.

Hong Kong-based Startup Animoca Brands Increases Shares in Kikitrade to Deepen Partnership
Following Kikitrade's plan to widen its participation in the blockchain gaming and non-fungible token market, Hong Kong-based startup firm Animoca Brands has increased its shareholding to become the second-largest shareholder.

OpenSea Acquires Crypto Wallet Dharma Labs for Undisclosed Amount
OpenSea, a leading marketplace for non-fungible tokens (NFTs), announced that it had bought cryptocurrencies digital wallet Dharma Labs for an undisclosed amount.

Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT
Toronto-based publicly-traded Blockchain technology company Tokens.com Corp has launched Hulk Labs, a platform focusing on Crypto gamefi and NFT investment.

GameStop Shares Surges 26% after Announcing Entry into NFT, Crypto Markets
GameStop said the company is entering the NFT market. Its shares on the Nasdaq exchange, GME, rose 26% in after-hours trading after the announcement.

Coinbase's NFT Platform to Allow Purchase With Credit & Debit Cards
Following its new partnership with Mastercard, Coinbase Global Inc will start allowing users to buy NFTs with credit cards and debit cards.

Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies
Animoca Brands and Blowfish Studios announced the closure of Planet Private Sale. The Planet Private Sale for Phantom Galaxies sold 7,734 Planets and Asteroids (“Planets”), a kind of NFTs, for a total of US$19.3 million.

LG Electronics Expands Business in terms of Blockchain Technology & Crypto
As part of its expansion plan beyond home appliances, South Korean tech giant LG Electronics intends to add blockchain, cryptocurrency, and medical devices as new sectors in its corporate charter.

$400M Funding helps Gemini valued at $7.1B to Build a Decentralized Metaverse
American cryptocurrency exchange Gemini raised $400 million through growth equity financing, led by Morgan Creek Digital. Now it is valued at US$7.1 billion.

Google Partners With Dapper Labs to Aid the Growth of Web3.0
Google has inked a multi-year partnership with Dapper Labs to help scale the development of Web3.0.

Kraken Develops NFT Trading Platform, Offering Token-Backed Loans
Kraken joins the race of offering NFTs custodial services to take a piece of the pie in the $7 billion NFT market that continues soaring in popularity.

Iota Floats Smart Contracts Beta with Zero Execution Fee
The Iota Foundation has launched its smart contract functionality which it said is now available in IOTA 2.0 DevNet.

Alien Worlds Takes the Helm as the Top Blockchain Game, Approximately 11 Million Daily Transactions
Alien Worlds has emerged as the leading blockchain game with nearly 11 million daily transactions undertaken by more than 700,000 monthly active users.

Coinbase Q3 Financial Data Lower Than Expected, Stock Falls
Coinbase's Q3 financial data revealed that the total net income and the earnings per share owned by shareholders were lower than what analysts had expected.

Digital Payment Platform Wirex Expands Wallet Offerings with NFT Functionality
The new feature is set to enable Wirex users globally to track NFT collections while accessing their digital asset holdings.

Social Trading Company eToro Establishes $20m NFT fund
Cryptocurrency trading platform eToro has established a $20 million NFT fund to buy NFTs and support NFT creators and brands, according to CNBC.

KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration
The Seychelles-based crypto exchange KuCoin has rolled out a decentralized product dubbed KuCoin Wallet, supporting multiple tokens trading and multi-chain aggregation.

eBay Announces Acquisition NFT Marketplace KnownOrigin
eBay said the acquisition of KnownOrigin would enable it to capitalize on the growing NFTs economy. The global sales value of art and collectables NFTs saw a significant surge in 2021, reaching $11.16 billion over the past years.

Harmony Launches Bored Ape Yacht Club Passport
Harmony, the blockchain platform based on the Ethereum chain, announced the launch of Bored Ape Yacht Club Passport, supporting cross-chain activities.

Video Game Company BoomBit Launches Blockchain Gaming Platform BoomLand
Video blockchain gaming company BoomBit has launched BoomLand. Players and game developers can earn NFTs and cryptocurrencies in the form of $BOOM and $BGEM tokens.

Spotify Intends to Add NFTs to Streaming Service: Report
Spotify seems to be making an entry into the NFTs technology. The streaming music platform is looking for talents to work in the early stages of Web3 projects.

Snowcrash Launches NFT platform, Working with Sony Music Entertainment and Universal Music Group
Solana-based NFT marketplace Snowcrash announced a partnership with Sony Music Entertainment and Universal Music Group by launching an NFT trading platform.

4-Year-Old OpenSea Raises $300M in Venture Capital, Valuation Reaches $13.3B
OpenSea has raised $300 million in new venture capital, bringing the total valuation to a staggering $13.3 billion in just four years after it was founded.

eBay Joins the NFT Space, Offering Traders a Seamless Experience
E-commerce giant eBay has entered the non-fungible token (NFT) sector through a strategic partnership with Web3 company OneOf.

CHILIZ Launches Layer 1 Blockchain for Sports and Entertainment Industry
Chiliz has announced the launch of the Scoville testnet for the newly established Layer 1 blockchain network Chiliz Chain 2.0 (also known as CC2).

BAYC tied ApeCoin Makes Debut
Crypto token ApeCoin ($APE) was unveiled in the official Bored Ape Yacht Club (BAYC) Twitter account which detailed initiatives planned by creator Yuga Labs.

Yuga Labs Files Lawsuit Against Artist Producing BAYC Copycat Collection
Yuga Labs, the blockchain startup behind the Bored Ape Yacht Club (BAYC) Non-Fungible Token (NFT) collection has filed a lawsuit against digital artist Ryder Ripps and several associates for producing a copycat version of Bored Apes

Former OpenSea Staff Charged with Insider Trading Offenses
Nathaniel Chastain, former Head of Product at OpenSea, has been arrested by the Federal Bureau of Investigation (FBI) for alleged insider trading.

Three Bored Ape Owners Sue OpenSea over Security Loophole of Stolen NFTs
Three Bored Ape Yacht Club (BAYC) Non-Fungible Token owners are suing leading NFT trading platform OpenSea for the loss of their NFTs on the exchange.