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Today in Crypto: Kenyan Police Reportedly Raided Worldcoin Warehouse, US FBI Issues Warnings About NFT Scammers, Curve Finance Offers a $1.85 Million Bounty to Identify & Convict the Hacker
7.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Kenyan Police Reportedly Raided Worldcoin Warehouse, US FBI Issues Warnings About NFT Scammers, Curve...
NFT Trader Hanwe Chang's Ingenious Move Nets $1.5 Million on Blur Marketplace – Here's What Happened
7.8.2023
An NFT trader that goes by the name Hanwe Chang has made 800 ETH, worth almost $1.5 million, after tricking a bot into buying his NFTs at elevated prices.
Writing on the social media platform X on this weekend, Hanwe Chang claimed that a bot was copying all of his NFT bids on Blur, a new...
FBI Issues Warning on Scam Involving Criminals Impersonating NFT Developers
7.8.2023
The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impersonate these developers on social media by hijacking accounts or using similar...
NFT theft declines: Monthly value & volume sees a downturn
7.8.2023
The value of stolen non-fungible tokens (NFTs) experienced a contraction in July compared to the previous month, aligning with a broader trend of waning enthusiasm for NFTs across the market. Blockchain security firm PeckShield reported that approximately $1.73 million of NFTs were stolen in...
Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more
7.8.2023
A trader walked off nearly $1.5 million richer after tricking a bot copying his trades to buy a slew of NFTs at a markup
NFT Market Slump Hits Artists Hard: Payouts to Creators Plunge 98% as Royalties Slashed
6.8.2023
The NFT market is experiencing a tumultuous slump, with tensions rising between traders and creators of digital collectibles rising amid controversy surrounding royalties.
This friction has resulted from the recent decision by top NFT exchanges, including Blur and OpenSea, to cut royalty rates...
FBI warns of phishing scams and social media account hijackers
6.8.2023
The FBI warned that the account hijackers work to “create a sense of urgency” with their posts, and urged people to vet any website or potential opportunity before clicking on it
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
5.8.2023
This week, new reports were released that point to a major slowdown in NFT trading. Plus, Etihad Airways will soon let its community of frequent fliers stake NFTs for miles
Base to list minted assets on OpenSea
4.8.2023
OpenSea has announced that it will now Base on getting its minted digital assets listed on the platform. Meaning everything that an artist creates at Base will be available on OpenSea for the purpose of purchase and sale. Moreover, the community of the Base Network will have access to all...
Ukraine's Game4Ukraine Soccer Match Utilizes Metaverse for Fundraising
4.8.2023
Besides the real-world event, Game4Ukraine, a charity soccer match announced by Ukrainian President Volodymyr Zelenskyy, will also be played at a virtual stadium for the metaverse visitors - featuring exclusive perks.
The celebrity match will take place on August 5 at Chelsea’s Stamford Bridge...
More Money For Creators: NFT Minting Platform Zora Initiates New Revenue Split
3.8.2023
As the debate about creator royalty rages on, Zora has pledged to pay creators a portion of platform fees collected on every new free mint
Today in Crypto: Nifty's Shuts Down, eToro's Australian Entity Sued by Markets Regulator, Tel Aviv Stock Exchange Signs 'Ground-breaking' Deal with Fireblocks, Aventus Partners with Vodafone
3.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Nifty's Shuts Down, eToro's Australian Entity Sued by Markets Regulator, Tel Aviv Stock Exchange Signs...
NFT Trading Volume Is Sinking, But It’s Not Stopping Developers From Entering Web3
3.8.2023
According to Alchemy’s Q2 Web3 Development Report, while NFT trading volume fell 41%, almost six million smart contracts were deployed across chains including Ethereum and Polygon
Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
3.8.2023
Instagram CEO Zuckerberg’s $40B metaverse losses, AI-powered NFT RPG on Discord, new Web3 eSports platform and a hot take on Gods Unchained
Major Video Game Creator Bandai Namco and Oasys Unveil AI Virtual Pet NFT Game
3.8.2023
Bandai Namco, a Japanese multinational video game creator, has introduced an AI virtual pet NFT game, RYUZO, featuring digital creatures called RYU on the Oasys Network, an eco-friendly gaming blockchain network.
Launched on Wednesday, August 2nd, RYUZO was developed in collaboration with...
NFT gas usage shows downward trend, signals shift in landscape
3.8.2023
Despite a surge in Ether gas prices in May, NFT marketplaces only accounted for 3% of the entire Ethereum gas consumption
Creator of Record-Breaking NFT Beeple Purchases First PFP NFT: CryptoPunk #4593
3.8.2023
Beeple, the creator of a $69 million non-fungible token (NFT), has bought his very first profile-picture (PFP) NFT - and it's from one of the world's most popular collections, CryptoPunks.
Mike Winkelmann, known as Beeple, bought CryptoPunk #4593 on Tuesday, August 1, for ETH 113.69 ($208,463)...
Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase
2.8.2023
Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a response to the existing “regulatory uncertainty of the crypto space.” Gamestop...
GameStop Decides to Shut Down NFT Wallet Citing Regulatory Uncertainty
2.8.2023
Popular video game retailer GameStop has announced plans to shut down its NFT wallet due to regulatory uncertainty in the crypto space.
According to a pop-up message on its NFT marketplace, GameStop would cease support for the wallet starting November 1.
"Due to the regulatory uncertainty...
Beeple Goes Punk With $208K NFT Purchase
2.8.2023
The artist behind the most expensive NFT ever sold bought his first-ever PFP, CryptoPunk #4593