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Binance Suspends Bitcoin Ordinals Trading – What’s Going On?
5.4.2024
On April 4, Binance declared that as of April 18, 2024, it will no longer be accepting deposits or transactions of Bitcoin Ordinals. The exchange then gave investors of non-fungible tokens (NFTs) based on Bitcoin the advice to remove their holdings from the NFT marketplace trading platform by...
Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles
4.4.2024
In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions...
Paradigm, a16z Backed Blockchain Game LootRush Announces New Gaming Subscription
26.3.2024
LootRush, a blockchain start-up backed by venture capital firms Paradigm and Andreessen Horowitz (a16z) is announcing a new gaming subscription which allows its users to access non-fungible tokens (NFTs) from over 500 games on its platform.
The post Paradigm, a16z Backed Blockchain Game LootRush...
Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection
20.3.2024
On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which...
Crypto Drama: Remilia Founder Claims Hacking Amid Ether and NFT Transfers
18.3.2024
Remilia founder has ostensibly fallen victim to a hacking incident involving the unauthorized transfer of substantial amounts of Ether and non-fungible tokens (NFTs).
The post Crypto Drama: Remilia Founder Claims Hacking Amid Ether and NFT Transfers appeared first on Cryptonews
Starbucks Discontinues NFT Program to ‘Prepare for What Comes Next’
17.3.2024
Starbucks has said it will discontinue its Odyssey non-fungible token beta program and members “have until March 25, 2024, to complete any remaining journeys.” Starbucks stated on its FAQ page that it will keep its NFT community in mind and is working to find a place for its members...
U.S. Govt. Study Concludes No NFT-Specific Legislation Needed Yet, Current Copyright Laws Adequate
13.3.2024
The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs)
Jeju Island, South Korea, Eyes NFT-powered Growth
6.3.2024
Jeju Island, a subtropical province off the South Korean mainland’s south coast, says it wants to use non-fungible tokens (NFTs) to transform its economy.
The post Jeju Island, South Korea, Eyes NFT-powered Growth appeared first on Cryptonews
You’ll Need To Spend $70k To Enter This Digital Bathroom And Twerk
1.3.2024
A large metaverse project created by the company behind the Bored Apes Yacht Club NFT project held a recent series of beta sessions for individuals who owned certain NFTs. While the developers claim this is just the beginning, it’s not looking promising considering how much money is involved. Read...
Gods Unchained Goes Mobile: Play-to-Earn NFT Game Launches on Google Play and Apple App Store
29.2.2024
On Thursday, the creators of the Immutable X-powered non-fungible token (NFT) game Gods Unchained announced that the game is now accessible on mobile devices. The Gods Unchained application has made its debut on both the Google Play Store and Apple’s App Store across the globe. God’s...
VanEck Launches NFT and Digital Assets Market SegMint
29.2.2024
Investment firm VanEck has launched a new non-fungible token (NFT) and digital assets market dubbed SegMint following the successful listing of its spot Bitcoin exchange-traded fund (ETF) in the U.S.
The post VanEck Launches NFT and Digital Assets Market SegMint appeared first on Cryptonews
SBINFT’s Jangdeok Ko Links the Surge in NFT Piracy to the Ease of Token Minting
25.2.2024
Since Japan designated Web3 as a “national strategy,” an increasing number of traditional companies in the country have either merged or are contemplating integrating their businesses with Web3, Jangdeok Ko, the CEO of the non-fungible token (NFT) marketplace SBINFT, has said....
Non-Fungible Items; Picking up Where NFTs Left off — COZ Co-Founder Tyler Adams
22.2.2024
Many have already pronounced the death of NFTs, and in part, they are correct. Amidst the fervor of the NFT hype cycle, we saw huge valuations and sales such as Beeple’s ‘The 5000 Days’ collection selling for a staggering $69.3 million. However, not substantiated by anything beyond the hype,...
Sotheby’s EtherRock Auction Closes Wednesday, Expected to Fetch Over $600K
19.2.2024
Sotheby’s, the 279-year-old British auction house, is expected to close the sale of an EtherRock (EthRock) non-fungible token (NFT) on Wednesday, in a sealed bid auction. The decentralized prediction market website Polymarket reflects that there is a 57% chance that the EtherRock NFT will sell...
Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick
17.2.2024
Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team...
London-Based Wine Platform Curated Ventures into the Metaverse
12.2.2024
Curated, a UK-based wine platform, has launched a new metaverse experience for its community members allowing them to fully immerse themselves in the provenance of wine. In a press release, Curated said it using the latest technology to develop a metaverse tailored for passionate wine collectors...
Artists Ordered to Pay $9 Million in BAYC Copyright Dispute
6.2.2024
Artists Ryder Ripps and Jeremy Cahen are mandated by a federal court to pay $9 million in damages to Yuga Labs, following a high-profile legal dispute over unauthorized use of the Bored Ape Yacht Club’s copyrighted non-fungible tokens (NFTs). Yuga Labs Wins Big as Artists Ordered to Pay up...
Taproot Wizards’ Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin
6.2.2024
The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale due to technical issues, resulting in 2,681 Quantum...
Billionaire Biohacker Bryan Johnson Dives into NFT Realm with Drip Solana Airdrop
30.1.2024
Billionaire biohacker and longevity guru Bryan Johnson is venturing into the world of non-fungible tokens (NFTs) through a Solana airdrop. Johnson’s Blueprint project collaborated with DRiP and digital artist Degen Poet to create a collection of NFTs issued as a free airdrop for DRiP holders...
Kresus App and Worldcoin’s Tools for Humanity Forge Web3 Partnership
29.1.2024
On Monday, Kresus, the Web3 platform specializing in cryptocurrencies and non-fungible tokens (NFTs), unveiled a collaboration with Tools for Humanity, the creators of the Worldcoin initiative and the World ID identification system. World ID Meets Kresus App Kresus and Tools for Humanity (TFH) have...