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Why Upland’s Virtual Land NFTs Are The Future Of Crypto
non-fungible token

Why Upland’s Virtual Land NFTs Are The Future Of Crypto

The asset class of non-fungible tokens (NFTs) is quickly growing and coincides with the rise of parallel worlds where people are spending more of their time and money.

Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs
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Tesla CEO Elon Musk Is Selling His First NFT and It’s a Techno Song about NFTs

The NFT hype has been escalating and many artists and celebrities have capitalized on the trend to produce a NFT of their own.

Boson Protocol Launches Redeemable NFTs For Real World Assets
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Boson Protocol Launches Redeemable NFTs For Real World Assets

Boson Protocol has revamped its platform to include redeemable NFTs

BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview
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BNB Chain: Driving the Next Billion User Revolution in Web3, NFTs, and the Metaverse – An Exclusive Interview

Discover BNB Chain's strategy for onboarding 1 billion Web3 users, bridging the decentralized tech gap, managing transaction costs, and future platform developments in our exclusive interview.

Binance Adds Bitcoin Ordinals to NFT Marketplace
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Binance Adds Bitcoin Ordinals to NFT Marketplace

Binance has announced that it will soon support Bitcoin ordinals, also known as Bitcoin NFTs, on its NFT marketplace. This will expand Binance’s multichain NFT ecosystem to include the Bitcoin network. Bitcoin ordinals have been on the rise, with over 3 million inscriptions as of May 1, but they remain a controversial topic in the crypto community.

Binance NFT Ceases Support for Bitcoin NFTs
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Binance NFT Ceases Support for Bitcoin NFTs

Binance NFT discontinues Bitcoin NFT trades and deposits, advises withdrawals by deadline, and details distribution of Runestone NFTs and tokens.

Portal Debuts on Binance Launchpool for BNB and FDUSD Farming
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Portal Debuts on Binance Launchpool for BNB and FDUSD Farming

Binance Launchpool has added cross-chain gaming startup Portal for a new farming event. Users can earn PORTAL tokens by staking BNB and FDUSD over 7 days starting February 22nd. PORTAL will then list on Binance against major trading pairs.

Step-by-Step Guide to Importing NFTs from MetaMask to Immutable Passport
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Step-by-Step Guide to Importing NFTs from MetaMask to Immutable Passport

Learn how to transfer NFTs from MetaMask to Immutable Passport with this detailed guide.

Bitcoin-Based NFTs: Ordinals and Runes Surge in Market Cap and Popularity, Reports CoinGecko
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Bitcoin-Based NFTs: Ordinals and Runes Surge in Market Cap and Popularity, Reports CoinGecko

Explore the growth of Bitcoin-based NFTs, Ordinals and Runes, in market cap and user adoption.

Why Top Gaming Studios are Diving into Web3 Gaming
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Why Top Gaming Studios are Diving into Web3 Gaming

Top gaming studios are investing in Web3 gaming. Discover why this trend is gaining momentum.

Ethereum (ETH) Network: A Pillar of Decentralized Digital Economy
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Ethereum (ETH) Network: A Pillar of Decentralized Digital Economy

Ethereum's role in DeFi, NFTs, and gaming underscores its pivotal impact on Web3.

Hunters On-Chain Revolutionizes Blockchain Gaming with NFT Integration
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Hunters On-Chain Revolutionizes Blockchain Gaming with NFT Integration

Hunters On-Chain offers a unique blockchain-based battle royale experience with NFTs and real asset ownership.

Gala Games Introduces Tradability of NFTs, Empowering Players Through Web3
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Gala Games Introduces Tradability of NFTs, Empowering Players Through Web3

Gala Games leverages Web3 to empower players with tradable NFTs, enhancing player freedom and control through platforms like OpenSea.

XYRO Secures Strategic Investment and Partnership with Animoca Brands
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XYRO Secures Strategic Investment and Partnership with Animoca Brands

XYRO announces strategic investment and collaboration with Animoca Brands to enhance its gamified social trading platform.

Gala Games Announces Harvest Pie Hoedown Event for Common Ground World
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Gala Games Announces Harvest Pie Hoedown Event for Common Ground World

Gala Games introduces the Harvest Pie Hoedown event in Common Ground World, featuring new crops, crafts, and rewards for players.

Web3 Artist Push Discusses NFTs, Culture SZN, and the Power of Love
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Web3 Artist Push Discusses NFTs, Culture SZN, and the Power of Love

Digital artist Push talks about Culture SZN, NFTs, and spreading love in the web3 ecosystem.

Binance Research Reports 37.3% Growth in Crypto Market for H1 2024
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Binance Research Reports 37.3% Growth in Crypto Market for H1 2024

Binance Research reveals a 37.3% growth in the crypto market for the first half of 2024, driven by strong performance in Layer-1s, DeFi, and stablecoins.

Debunking Common Myths About Web3 Gaming
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Debunking Common Myths About Web3 Gaming

Explore the truth behind five common myths surrounding Web3 gaming, including AAA studio involvement, user-friendliness, and financial models.

Web3 Gaming Revolution: Insights from Immutable (IMX) Ambassadors
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Web3 Gaming Revolution: Insights from Immutable (IMX) Ambassadors

Discover the transformation of gaming through Web3 as Immutable (IMX) Ambassadors share their journeys and insights, highlighting the benefits of true asset ownership.

SEC's Wells Notice to OpenSea Sparks Debate Over NFTs as Securities
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SEC's Wells Notice to OpenSea Sparks Debate Over NFTs as Securities

The SEC's Wells Notice to OpenSea raises questions about whether NFTs should be classified as securities, potentially impacting the future of digital art and collectibles.

2024 State of Crypto Report Highlights Growth in NFTs, Social Networks, and Prediction Markets
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2024 State of Crypto Report Highlights Growth in NFTs, Social Networks, and Prediction Markets

The 2024 State of Crypto Report by a16z crypto reveals shifts in the crypto landscape, including advancements in NFTs, social networks, and prediction markets.

GalaChain Enables Tokenization of Founder’s Nodes as NFTs
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GalaChain Enables Tokenization of Founder’s Nodes as NFTs

GalaChain introduces tokenization of Founder’s Nodes as NFTs, allowing transferability and decentralized operation, enhancing user freedom and ecosystem reliability.

Chess Universe Partners with Immutable (IMX) for Enhanced Gaming Experience
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Chess Universe Partners with Immutable (IMX) for Enhanced Gaming Experience

Chess Universe introduces Play-to-Earn mechanics on Immutable (IMX), offering players exclusive rewards and web3 ownership. Discover interactive lessons, NFTs, and more in this innovative chess platform.

Bitcoin NFTs to Hit $4.5B Market Cap
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Bitcoin NFTs to Hit $4.5B Market Cap

Galaxy Digital's research unit predicts that the Bitcoin nonfungible token (NFT) market could reach a $4.5 billion market cap by March 2025 based on conservative estimations. The report also outlines bear and bull case scenarios for the market.

Chainlink Unveils Constellation: A Grand Hackathon Event
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Chainlink Unveils Constellation: A Grand Hackathon Event

Chainlink announces its largest hackathon, Constellation, from November 8 to December 10, 2023, with a $350,000 prize pool across seven core tracks. This event follows the trajectory of growth from Chainlink's inaugural hackathon in 2020. The hackathon is open to Web3 engineers of all experience levels and covers a broad spectrum of blockchain applications. It not only serves as a competition but a learning platform offering extensive educational resources and technical support to participants.

First Jury Hearing in OpenSea Insider Trading Case
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First Jury Hearing in OpenSea Insider Trading Case

Former OpenSea product manager Nathaniel Chastain faces charges of wire fraud and money laundering for allegedly using insider knowledge to buy and sell NFTs for a profit. The case may have a significant impact on the legal classification of NFTs, with concerns that they could be labeled as securities.

What is Bitcoin Ordinals?
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What is Bitcoin Ordinals?

Bitcoin Ordinals, introduced in January 2023 by Casey Rodarmor, are a way to inscribe digital content on the Bitcoin blockchain.

Cryptocurrency Soars in Q1 2023
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Cryptocurrency Soars in Q1 2023

CoinGecko's Q1 2023 Crypto Industry Report shows Bitcoin as the best-performing asset, with a gain of 72.4%. DeFi and NFTs have also surged, while stablecoins saw a drop in market cap due to Binance USD shutdown and USDC depeg. The overall market capitalization reached $1.2 trillion at the end of Q1.

UNICEF to Commemorate its 75th Anniversary of Changing Children’s Lives by Selling 1,000 NFTs
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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.

Magic Eden Embraces Compressed Solana NFTs
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Magic Eden Embraces Compressed Solana NFTs

Magic Eden has introduced cNFTs, a cost-effective form of NFTs exclusive to the Solana blockchain. These compressed NFTs allow creators to produce content on a larger scale without the high cost of traditional NFTs. Despite criticism, Magic Eden clarified that they didn't create cNFTs, but integrated support for them. Developers need to understand Merkle trees and use specialized tools for minted NFTs.

Reddit Avatars on Polygon Blockchain
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Reddit Avatars on Polygon Blockchain

Reddit has launched the third generation of its blockchain-based digital collectibles, Reddit Avatars, on the Polygon blockchain. The release has generated excitement and predictions of quick sellouts, but some users have criticized the payment process.

Spotify Says Testing New Feature to Allow Artists Promote NFTs
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Spotify Says Testing New Feature to Allow Artists Promote NFTs

Music streaming platform Spotify is planning to add support for NFTs in the future.

Fundraising by Crypto Companies Accounts for $8.2B in Q3
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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.

Spanish LaLiga League Joins Hands With Sorare to Launch NFTs for all Players
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Spanish LaLiga League Joins Hands With Sorare to Launch NFTs for all Players

Spanish LaLiga league has teamed up with Ethereum-based fantasy soccer game platform Sorare to establish non-fungible tokens (NFTs) for all its players.

NFT Collectors Buy for Status and Uniqueness
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NFT Collectors Buy for Status and Uniqueness

A recent survey by Metajuice found that 74% of NFT collectors buy for status and uniqueness, while 13% plan to resell. Real Vision CEO Raoul Pal believes NFTs are becoming status symbols like luxury cars and houses.

Heterosis Launches Dynamic NFT Flower Collection
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Heterosis Launches Dynamic NFT Flower Collection

Snark.art and OG.Art's Heterosis project has launched a collection of dynamic NFT flowers that can be bred and customized by users. The project creates two virtual flower markets and is housed in a metaverse greenhouse that can be accessed via various devices.

Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations
non-fungible token

Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations

In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.

Ethereum’s Perpetual Swaps Open Interest Hit a Two-Month High
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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.

United Nations Showcases NFTs Meant to Foster Climate Change Awareness
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United Nations Showcases NFTs Meant to Foster Climate Change Awareness

The United Nations, through its UN-Habitat program, is taking advantage of NFTs to create awareness about the global climate crisis through an initiative called DigitalArt4 Climate.

Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse
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Multinational Corporations Continue to File Trademarks in Web3, NFTs, and Metaverse

Multinational corporations, including General Motors, Lacoste, and Walmart, have continued to file trademark applications in Web3, NFTs, and the metaverse, despite the broader market downturn. In February alone, General Motors filed for two new trademark applications covering Chevrolet and Cadillac brands, while Lacoste filed five trademark applications for "CHAMPS-ELYSEES." Walmart also filed trademark applications for the "SamsClub" name and logo. Even amid the bear market, record numbers of trademark applications have been filed for NFTs, metaverse, and crypto-related products in 2022.

NFL ALL DAY: Revolutionizing Sports Memorabilia Through NFTs
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NFL ALL DAY: Revolutionizing Sports Memorabilia Through NFTs

NFL ALL DAY merges NFL fandom with blockchain, offering a digital platform for collecting and trading NFL moment NFTs.

Bitcoin Ordinals Creator Casey Rodarmor Expands Ecosystem with "Runes"
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Bitcoin Ordinals Creator Casey Rodarmor Expands Ecosystem with "Runes"

Casey Rodarmor, known for his innovative Bitcoin Ordinals, has introduced a new fungible token protocol for Bitcoin called "Runes." The protocol aims to simplify user experience and could bring significant advantages to Bitcoin, despite the controversial reputation of fungible tokens.

Unreleased Version of David Bowie's "Let's Dance" Surfaces as NFT
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Unreleased Version of David Bowie's "Let's Dance" Surfaces as NFT

Gala Music, in partnership with Larry Dvoskin and Warner Chappell Music, is set to launch a limited edition collection of NFTs featuring an unreleased version of David Bowie's "Let's Dance." Each NFT will give its owner exclusive access to the song, co-produced with Bowie in 2002, with initial profits going toward charity.

KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs
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KuCoin Becomes the First Centralized Exchange to Start Offering NFT ETFs

KuCoin said the launch of its ‘NFT ETF Trading Zone’ aims to improve the liquidity of NFT assets and lower the investment threshold of major NFTs to its over 20 million users.

Nansen CEO Predicts Six Key Trends in Crypto
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Nansen CEO Predicts Six Key Trends in Crypto

Nansen.ai CEO, Alex Svanevik, outlined six pivotal crypto trends on Twitter, emphasizing the synergy of fintech and crypto, DeFi's potential in gambling, the growing relevance of real-world assets like T-bills, the impending rise of Web3 gaming, SocialFi's development, and Physical NFTs' retail integration. The thread also welcomed community input, reflecting on other emerging trends like blockchain in fantasy sports.

NFT Surpasses Crypto and Ethereum in Google Searches
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NFT Surpasses Crypto and Ethereum in Google Searches

To show their trendiness, NFT Google searches have surpassed those of Ethereum and crypto, according to Google Trends.

LG Electronics to Roll Out Crypto Wallet
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LG Electronics to Roll Out Crypto Wallet

As part of plans to expand its business scope to include platforms and software, South Korean tech giant LG Electronics is launching a crypto wallet application dubbed “Wallypto.”

Lionel Messi Becomes Sorare’s Brand Ambassador and Investor
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Lionel Messi Becomes Sorare’s Brand Ambassador and Investor

Lionel Messi, a football star who has bagged seven Ballon d’Or Awards, has joined hands with Sorare to be its brand ambassador and investor.

NFT Wash Trading Volume Surges to $580M Across Top Six Marketplaces
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NFT Wash Trading Volume Surges to $580M Across Top Six Marketplaces

NFT wash trading has surged for the fourth consecutive month, with a total volume of $580 million across the top six marketplaces, according to a report from CoinGecko. The report attributed the rise in volume to the overall recovery of NFT marketplace trading, which reached $1.89 billion in February.

New KPMG Report Suggests Potentials for Increased Maturation of the Cryptocurrency Space
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New KPMG Report Suggests Potentials for Increased Maturation of the Cryptocurrency Space

The latest bi-annual report released by KPMG highlights the growth of the crypto ecosystem and postulate the possibilities of trend sustenance.

CryptoPunk NFT Accidentally Sent to Burn Address
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CryptoPunk NFT Accidentally Sent to Burn Address

NFT collector Brandon Riley accidentally sent a CryptoPunk to a burn address while attempting to borrow money against the asset.

Wiki Finance Expo Hong Kong 2024 Is Coming in May!
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Wiki Finance Expo Hong Kong 2024 Is Coming in May!

The Wiki Finance Expo Hong Kong 2024, a major FinTech and Web3.0 event in Asia, will feature over 500 partners and 300+ companies. Key speakers include DFINITY Foundation founder Dominic Williams, and the event promises valuable networking and learning opportunities for the industry.

Fox Renews Dan Harmon Krapopolis for Third Season Amid NFT Tie-Up
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Fox Renews Dan Harmon Krapopolis for Third Season Amid NFT Tie-Up

Fox has renewed the animated comedy series, Krapopolis, for a third season before its first season even airs. Produced by Fox Corp’s NFT firm Blockchain Creative Labs, the show features NFTs called “Krap Chickens” that depict cartoon chicken avatars in the same art style as the show, and holders are given exclusive access to experiences, content, rewards, and voting rights on certain aspects of the show. In other NFT-related news, Baobab Studios sold out its first collection of 8,888 NFTs just nine hours after launch, and Flare welcomed its first NFT platform after Sparkles went live. Additionally, Square Enix’s NFT-friendly CEO, Yosuke Matsuda, is stepping down after nearly 10 years at the helm.

New York Stock Exchange to Release NFTs For Six Stocks
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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.

Will Ethereum's Records Biggest Crypto Exchange Outflow in 2022 Propel More Upward Momentum?
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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's Revenue Hit $9.9B in 2021 as ETH Emerges as the Most Searched Project
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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.

WWE Plans to Release the Undertaker NFTs Ahead of WrestleMania 37
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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.

Japan PM Says Govt’s Digital Transformation Investments Will Include Metaverse, NFTs
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Japan PM Says Govt’s Digital Transformation Investments Will Include Metaverse, NFTs

Japan embraces the use ofweb3 related services like metaverse, NFTs, blockchain, as solutions to challenges facing the society.

BaFin Declines to Classify NFTs as Securities, Recommends Case-by-Case Approach
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BaFin Declines to Classify NFTs as Securities, Recommends Case-by-Case Approach

The Federal Financial Supervisory Authority of Germany (BaFin) has stated that it is not yet prepared to classify non-fungible tokens (NFTs) as securities. While NFTs may be considered investments in certain cases, BaFin suggests that classification should be approached on a case-by-case basis. The lack of immediate exchangeability and standardization makes it unlikely that NFTs will be classified as crypto assets. However, if an NFT contains documentation of exploitation rights or ownership, it could be considered an investment. BaFin does not expect NFTs to comply with the licensing requirements of the Payment Services Supervision Act or fall under its Anti-Money Laundering supervision, except for NFTs that are considered "crypto assets."

Visa Files Trademark Applications for Crypto Products, Including NFTs
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Visa Files Trademark Applications for Crypto Products, Including NFTs

Payment giant Visa has filed two trademark applications to the United States Patent and Trademark Office (USPTO) concerning cryptocurrency wallets, NFTs, and the Metaverse.

Bored Ape Yacht Club Creators Launch Bitcoin NFT Collection
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Bored Ape Yacht Club Creators Launch Bitcoin NFT Collection

Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), have launched a new collection of 300 tokenized computer-generated artworks on Bitcoin called TwelveFold. The collection is based on mathematics, time, and the Bitcoin blockchain. The announcement comes amidst falling search interest for NFTs, however, trading volume data for February indicates the market is still strong. In other news, the Golden Key NFT, won by Twitch streamer Mongraal in a Dookey Dash competition hosted by Yuga Labs, has been sold for 1,000 Ether to BAYC NFT hodler Adam Weitsman. Polygon Foundation has partnered with Lotte Group to host the conglomerate's NFT projects on its Ethereum layer 2 scaling network Polygon, and intends to develop its Web3 initiatives in partnership with Polygon. Finally, a group of Japanese tech companies have agreed to forward the creation of the Japan Metaverse Economic Zone and an open metaverse infrastructure called "Ryugukoku."

WWE Launches John Cena-Inspired NFTs Just in Time for SummerSlam
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WWE Launches John Cena-Inspired NFTs Just in Time for SummerSlam

World Wrestling Entertainment (WWE) announced the creation of non-fungible tokens (NFTs) inspired by 16-time world champion John Cena.

South Korean Companies Adopt NFT Strategy to Attract the Younger Generation
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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.

Binance Research Reveals Key Crypto Market Trends
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Binance Research Reveals Key Crypto Market Trends

Binance Research's latest report reveals a thriving crypto market in February 2024, with a 40% increase in total market capitalization, driven by spot BTC ETF inflows and strong DeFi and NFT performance.

Visa Rolls Out Creator Program to Empower Artists with NFTs
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Visa Rolls Out Creator Program to Empower Artists with NFTs

Payment giant Visa has launched an initiative dubbed Visa Creator Program intended to help filmmakers, artists, fashion designers, and musicians revamp their businesses through non-fungible tokens (NFTs).

Trump Launches Limited Edition Digital Trading Cards on Bitcoin Ordinals
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Trump Launches Limited Edition Digital Trading Cards on Bitcoin Ordinals

Donald Trump's latest NFT collection, minted as Bitcoin Ordinals, brings a unique collectible aspect to the digital trading card market. This integration into the Bitcoin blockchain ensures longevity and immutability, enhancing the value of these limited-edition collectibles.

Unidentified Exploit Steals Over $10.5 Million in NFTs and Coins
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Unidentified Exploit Steals Over $10.5 Million in NFTs and Coins

An unidentified exploit has drained over $10.5 million in NFTs and coins from experienced crypto community members since December 2022. The exploit targets keys created from 2014 to 2022 and those who are "crypto native," with multiple addresses and work within the space. Crypto veterans are advised to use a hardware wallet or migrate their funds to safeguard their digital assets.

Polygon Emerges as Second-Largest Blockchain Gaming Network
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Polygon Emerges as Second-Largest Blockchain Gaming Network

Polygon, a layer-2 scaling solution for Ethereum, has become the second-largest blockchain gaming network with 138,081 unique active wallets engaging in games in March. Polygon surpassed third and fourth-ranked Hive and BNB Chain, with Wax in the first place with 314,000 UAWs. Polygon's surge in user activity was primarily due to Hunters On-Chain, which saw a UAW increase of over 17,000% in the past 30 days alone. Polygon is gaining recognition as a gaming blockchain and has notched big-name partnerships such as Warner Music, Starbucks, and Adobe.

Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management
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Crypto Assets Conference 2023 (CAC23A) | March 29 to March 30, 2023 | Frankfurt School of Finance & Management

As crypto jargon makes its way into everyday business, Bitcoin and Ethereum disrupt the traditional understanding of currencies and the use of DeFi in traditional banking is increasingly inevitable - the world of digital assets evolves and matures in unprecedented style. With Web3 having the ability to revolutionize how society interacts and tokenization transforming the concept of ownership, blockchain technology has more use cases than ever before. Increasingly, established industries adapt to these use cases and a future without digital assets becomes unthinkable.

Cogni Launches KYC-Backed NFTs for Crypto Wallet Users
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Cogni Launches KYC-Backed NFTs for Crypto Wallet Users

Cogni, a neobank with FDIC coverage, is rolling out nonfungible tokens (NFTs) containing KYC information to users of its crypto wallet. The NFTs are transferable to a Web3 environment, providing decentralized apps with bank-level KYC information without the need for further action.

Sony Files Patent for NFT Transfer Framework
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Sony Files Patent for NFT Transfer Framework

Sony Interactive Entertainment has filed a patent for an NFT framework allowing users to transfer and utilize digital assets across multiple game platforms.

NFTs Get Security Boost with New Warranty Service
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NFTs Get Security Boost with New Warranty Service

Wert and Avata have launched a new nonfungible token (NFT) warranty service, providing coverage for up to 90% of the value of compromised digital assets in a smart contract hack. The service will be available on 80 digital asset marketplaces and will be charged at 6% of the asset cost at checkout. The offering aims to encourage mass adoption of NFTs by reducing risk for both active and prospective collectors.

South Korea's Stance on Virtual Currency Investment and ETFs in 2024
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South Korea's Stance on Virtual Currency Investment and ETFs in 2024

South Korea reaffirms its prohibition of local financial institutions from owning, buying, or investing in cryptocurrencies and businesses offering crypto, including a strict ban on cryptocurrency exchange-traded funds (ETFs).

The Sandbox partners with Ledger Enterprise for NFT security integration.
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The Sandbox partners with Ledger Enterprise for NFT security integration.

The Sandbox has partnered with Ledger Enterprise to develop security integration for its partners. The collaboration will enable the migration of nonfungible token collections to the Ledger wallet, and The Sandbox will appear as a DApp on Ledger Enterprise.

Kia America Deploys NFTs in New Creative Campaign Debuting the New 2023 KIA Soul Model
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Kia America Deploys NFTs in New Creative Campaign Debuting the New 2023 KIA Soul Model

Kia America, a leading automotive brand, has launched a new creative campaign featuring non-fungible tokens (NFTs) for its iconic 2023 Kia Soul model.

UK Introduces Bill to Classify Crypto and NFTs as Personal Property
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UK Introduces Bill to Classify Crypto and NFTs as Personal Property

The UK has introduced a bill to classify cryptocurrencies and NFTs as personal property, enhancing legal protections for owners and clarifying their legal status.

Bitcoin Ordinals Inscriptions Double
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Bitcoin Ordinals Inscriptions Double

The number of Ordinals inscriptions on the Bitcoin network has almost doubled in the last eight days, largely due to the popularity of text-based inscriptions as the BRC-20 token standard. BRC-20 tokens currently have a total market cap of around $700 million, with experts predicting the market for "Bitcoin NFTs" may reach $4.5 billion by 2025.

Bitcoin Celebrates 13th Birthday as the Cryptocurrency Era Continues to Tick
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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.

Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs
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Swiss’ SEBA Bank Launches Regulated Custody Services for Blue Chip NFTs

SEBA bank has expanded the reach of its crypto offerings with a new service dedicated to custody for NFTs

Spotify Intends to Add NFTs to Streaming Service: Report
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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.

Nvidia Plans to add Innovation in the Metaverse with Software, Marketplace Deals
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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.

Sotheby Alters Art Sale, Novice Player Makes Staggering Profit
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Sotheby Alters Art Sale, Novice Player Makes Staggering Profit

Sotheby's has announced a new digital art sale, "Glitch: Beyond Binary," with a focus on diversity after criticism. Meanwhile, a newcomer to the game Illuvium: Beyond has made a huge profit by finding a rare character.

JR Kyushu Railway Company Launches NFTs on Astar Network To Boost Customer Engagement
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JR Kyushu Railway Company Launches NFTs on Astar Network To Boost Customer Engagement

The initiative will bring real-world utility to NFTs in Japan, enabling the railway operator to strengthen its customer relations

MetaMask to Offer its Users NFT Price Tracking in Collaboration With NFTBank
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MetaMask to Offer its Users NFT Price Tracking in Collaboration With NFTBank

MetaMask and NFTBank have collaborated to launch an NFT price-tracking product for the wallet's users

Yahoo Hong Kong to Launch NFTs Products for Pet Lovers
non-fungible token

Yahoo Hong Kong to Launch NFTs Products for Pet Lovers

City Frenchie is already being built in Metaverse. Yahoo will launch the first NFT project at a prime location on the virtual island of Hong Kong.

Visa Steps into NFT Craze with CryptoPunk Purchase of $150,000
non-fungible token

Visa Steps into NFT Craze with CryptoPunk Purchase of $150,000

Visa has announced that bought a “CryptoPunk” NFT for almost $150,000 in Ethereum

Quidd Launches New Platform Mintables, Enabling Users to Mint Digital Collectibles into NFTs
non-fungible token

Quidd Launches New Platform Mintables, Enabling Users to Mint Digital Collectibles into NFTs

Quidd announced it will allow the minting and unminting of NFTs on its platform. The firm stated new features are to support users who in the past used to pay hefty amounts of money to mint NFTs.

GameStop to Launch NFTs Marketplace by the End of Q2
non-fungible token

GameStop to Launch NFTs Marketplace by the End of Q2

GameStop has joined other game firms like Square Enix and Ubisoft who are getting into NFTs.

Illuvium Community Blocks NFT Event Over Controversial Figure
non-fungible token

Illuvium Community Blocks NFT Event Over Controversial Figure

Illuvium's community utilized its decentralized autonomous organization (DAO) to block an NFT event between Illuvium CEO Kieran Warwick and Three Arrows Capital founder Su Zhu. Due to controversies surrounding Zhu, Illuvium's community expressed concerns over the potential risks of being associated with him. The DAO then voted unanimously to cancel the event to avoid any association with Zhu.

Ukraine Cancells Crypto Airdrop Program, Instead Embraces NFTs Plan
non-fungible token

Ukraine Cancells Crypto Airdrop Program, Instead Embraces NFTs Plan

The Ukrainian government confirms that it has cancelled the airdrop program that aimed to allow anyone to contribute to its crypto donations. The government is now opting to sell NFTs to raise funds.

Space Runners Raises $10M Funding to Democratize Blockchain-Backed Fashion Metaverse
non-fungible token

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.

NFT Secondary Sales Surpass $15b amid Monthly Volume Constantly Topping $1b
non-fungible token

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.

Aptos Unveils Winners of the Singapore World Tour Hackathon
non-fungible token

Aptos Unveils Winners of the Singapore World Tour Hackathon

Aptos Network announced the winners of its #AptosWorldTour Hack Singapore on October 27, 2023, showcasing 14 innovative projects across five tracks, including NFTs, DeFi, Infrastructure, and Web3 x AI, with winners like @IntoTheVerse_, @aptospayment, dAptoRator, @EconiaLabs, and @aptscan_ai.

Nifty Launches First USD-Based NFT Exchange Backed By Winklevoss Twins
non-fungible token

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.

The Thrill Behind Non-Fungible Tokens
non-fungible token

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.

Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition
non-fungible token

Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition

Gemini, a cryptocurrency exchange behemoth, has revealed the acquisition of Nifty Gateway, a famed platform for non-fungible tokens (NFTs), also called nifties. Expressly, nifties are used in powering the emerging economy of virtual goods and digital collectibles.

TRON Welcomes NFT Collectors into the MegaCryptoPolis Metaverse
non-fungible token

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.

Beeple NFT Sells at Auction for $69.3M, The Biggest NFT Sale to Date
non-fungible token

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

Twitter CEO Jack Dorsey Intends to Donate Proceeds from Tweet NFT to Africa Relief Charity
non-fungible token

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.

Dapper Labs Raises $18M in Token Sale
non-fungible token

Dapper Labs Raises $18M in Token Sale

The team responsible for the crypto-collectibles phenomenon “Crypto Kitties” has just secured an $18 million token sale.

Anticipation for Cardano’s Mary Upgrade Grows as It Is Hours from Launching – Here’s What You Need to Know
non-fungible token

Anticipation for Cardano’s Mary Upgrade Grows as It Is Hours from Launching – Here’s What You Need to Know

Cardano’s blockchain upgrade, dubbed Mary, is set to go live today at 21:44 UTC.

SludgeFeed Joins Hands with OpenSea for Seamless Adoption  of Blockchain Gaming
non-fungible token

SludgeFeed Joins Hands with OpenSea for Seamless Adoption of Blockchain Gaming

SludgeFeed, a platform in the blockchain gaming sector, has collaborated with OpenSea, a notable digital marketplace for crypto collectibles, to propel the adoption of blockchain gaming by presenting relevant items on its structure.

Ubisoft to Launch Blockchain-Based Collectibles to Support UNICEF
non-fungible token

Ubisoft to Launch Blockchain-Based Collectibles to Support UNICEF

Ubisoft, the French-based video gaming company has launched blockchain-based collectibles in a bid to raise funds for UNICEF. Cryptocurrencies are taking the lead in fundraisers particularly due to their anonymous nature.

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