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New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture
1.2.2022
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Office (USPTO) that describe “downloadable...
$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
1.2.2022
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3
Kanye West Won’t Do NFTs, For Now At Least
1.2.2022
Rap superstar Ye, who changed his legal name from Kanye West last October, is not planning to roll out a non-fungible token (NFT) -- at least not for now. However, he could change his mind later, according to the artist’s recent Instagram post.
“My focus is on building real products in the real...
Digital Artist Pak to Release the 'Censored' NFT Collection with WikiLeaks Founder
1.2.2022
Famed digital artist Pak, also known as Murat Pak, aims to collaborate with WikiLeaks founder Julian Assange to release a new non-fungible token (NFT) collection dubbed 'Censored'.
'Censored' is "about you," Pak said on Twitter, adding that the collection would consist of "two parts, a dynamic...
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions
1.2.2022
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these...
Jou Chou, a Music Legend in China, Will Auction His Song for NFT
1.2.2022
Jou Chou, a prominent Chinese musical performer, has suggested that one of his previous songs may be auctioned off. Jay Chou announced on his Instagram account. Under the handle NFT, he disclosed in the discussion that he’d be auctioning off his popular song DEMO. The auction will be held...
DeFi Land, a GameFi Subsidiary, Announces Land NFT Seed Sale
1.2.2022
The token launch, the opening of the DeFi Land public beta, the brand-new Edit Mode, and many sneak peeks into how DeFi Land plans to gamify everything else in the cryptocurrency community all happened in 2021. The group keeps adding innovative features even though they work towards one of DeFi...
Kanye West says no to NFTs
1.2.2022
It’s a blow for the NFT space as Kanye West, or Ye, lashes out against the tokens in an Instagram post
Circle Launches USDC on Flow Blockchain
1.2.2022
Circle, the operator of USDC, one of the biggest stablecoins by market cap, has launched USDC as a native asset on top of the Flow blockchain. Flow is a blockchain project made to host NFT and game-based initiatives, aiming for low fees and a high volume of transactions. With this launch, USDC aims...
DEA Joins Hands with Fujiwara Kamui to Launch NFT Designs
1.2.2022
Digital Entertainment Asset (DEA) is in the process of introducing the first NFT project to its PlayMining Metaverse Project. This NFT collection will be known as “The Land,” and it is from the Fujiwara Kamui Nation, the Metaverse project of legendary manga artist Fujiwara Kamui....
Bitcoin Gets More Investments, Ethereum - Less, Thailand Scraps Crypto Tax + More News
31.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Bitcoin Gets More Investments, Ethereum - Less, Thailand Scraps Crypto Tax + More News
NFT philanthropy demonstrates new ways of giving back
31.1.2022
Organizations and artists are using NFTs to give back to children in need, demonstrating new potential for nonfungible tokens
Justin Bieber Gets a Bored APE Yacht Club NFT for 500 ETH
31.1.2022
On Saturday, the well-known pop-star Justin Bieber purchased a Bored Ape Yacht Club NFT for $1.3 million. The non-fungible coin is linked to an OpenSea account called Justin Bieber NFTs, which is thought to belong to Justin Bieber. The account, on the other hand, is the owner of many NFTs...
Removing LooksRare's USD 8.3B in Wash-Trades, OpenSea is Still the Dominant NFT Marketplace
31.1.2022
Non-fungible tokens (NFTs) data aggregator CryptoSlam has identified more than USD 8.3bn worth of wash trading on LooksRare, a new NFT marketplace. Subtracting this volume, it turns out that major NFT marketplace OpenSea is still the dominant player in the field.
As per data by Dune Analytics...
Clever NFT traders exploit crypto’s unregulated landscape by wash trading on LooksRare
30.1.2022
LooksRare aims to be an alternative to OpenSea, but the amount of wash trading on the platform raises questions on whether users really view it as a viable competitor
Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor
30.1.2022
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million...
Crypto Tech Trends in 2022: UX, Scalability, Metaverse Applications, and Bitcoin Integrations
30.1.2022
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It may have given birth to an entire culture and industry, but at its core cryptocurrency remains nothing but technology. Its primary innovation was a technological means of verifying transactions in a decentralized network, and it will continue to evolve and thrive to the extent that...
NFT Minecraft Project Sells $1.2 Million In Tokens, Deletes Everything A Few Days Later
29.1.2022
Stop me if you’ve heard this one before: An NFT project sells a ton of tokens, making a shit ton of cash in the process for a thing that probably will exist in the future. Then the project and folks involved disappear with the money, leaving those who bought into it screwed. Well, it’s reportedly...
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
29.1.2022
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin...
Tori Zero NFT Project Launched a Joint Cooperation With BWL, the World’s Top Trendy Silver Jewelry Brand
28.1.2022
PRESS RELEASE. The Tori Zero NFT project announced a joint cooperation with the trendy silver jewelry brand BWL. BWL founder Bill Wall will be the first celebrity to join the REDLAB Metaverse KOL program and will be giving away 30 pieces of customized hand-crafted BWL silver pendants to the Tori...