Another high-profile hack has raised more questions about the vulnerabilities of the blockchain Late last month, hackers made off with what was then worth more than $500m from the systems of cryptocurrency network Ronin, in what is believed to be the second-largest cryptocurrency theft on...
Photo:Romilly Lockyer / Kotaku(Getty Images)Sina Estavi is a âcrypto entrepreneur,âwho last year bought a digital token representing Twitter founder Jack Dorseyâs first ever tweet. He paid $2.9 million for it, and this month sought to make good on his âinvestment,âputting it up for...
The NFT market was worth $41 billion at the end of last year â nearly as large as the conventional art marketby some estimatesâ and itâs expected to nearly double in size by the end of 2022, according to a report released this week byblockchain analytics firm Nansen. As the space becomes...
Ghana's viral 'Coffin Dance' meme sells as NFT for $1.04 million The viral 'Coffin Dance' meme has been auctioned as an NFT (non-fungible token) for 327 Ethereum worth $1.04 million. The video, which shows Ghanian pallbearers dancing while carrying a coffin, went viral during COVID-19. The...
Quentin Tarantino, another filmmaker, released his âPulp Fictionâ NFTs on the same Cosmos-based blockchain in November. Kevin Smith (Tommaso Boddi/Getty Images) Kevin Smith, the filmmaker responsible for cult classics like âClerks,â âChasing Amyâ and âJay and Silent Bob Strike...
ESPNhas clambered aboard the NFT bandwagon: The sports giant is going into business with Tom Brady, angling to sell fans on the idea of owning a digital piece of the famed NFL quarterbackâs legacy. ESPN inked a multiyear deal withAutograph, the NFT startup co-founded by Brady, to release...
KuCoin, a leading global cryptocurrency trading platform, is excited to announce the launch of its NFT launch platform â KuCoin IGO on April 8th. The first project coming to KuCoin IGO is Pikaster. Participation details for the NFT sale will be announced on April 8th, and the first-round sale...
China has not released specific regulation around non-fungible tokens. But technology platforms like Tencent's WeChat are taking a cautious approach to prevent speculation with NFTs. Tencent's WeChat has suspended some accounts associated with so-called non-fungible tokens (NFTs) and clarified...
Sky MavisnoneRoughly $625 million worth of cryptocurrency has been stolen from Ronin, the blockchain underlying popular crypto gameAxie Infinity. Ronin andAxie Infinityoperator Sky Mavisrevealed the breachon Tuesday and froze transactions on the Ronin bridge, which allows depositing and...
(Bloomberg) --For every Bored Ape andCryptoPunkthere is aBaby Baller, one of the thousands of NFT projects that have faltered not long after celebrated debuts. On average, one in three NFT collections have essentially expired, with little or no trading activity, blockchain analytics firm...
Todd RosenbergnoneTop stand-up comedianSebastian Maniscalcosurprised fans at his shows in the New York area by giving away free commemorativeNFTsto all ticketholders â the first comedian to launch such an offering using the next-gen digital collectible technology. The observational...
The Holaplex Marketplace Standard empowers brands and creatives to create marketplaces that they own SOLANA BEACH, Calif., March 24, 2022 (GLOBE NEWSWIRE) --Holaplex, a community of creator-owned NFT storefronts, today announced a full-stack, open-source marketplace standard to replace the...
Key Takeaways A blog post from Loopring announcing that the beta of GameStop's NFT marketplace is powered by its scaling solution has sparked confusion. GameStop had previously partnered with Immutable X to build its NFT trading platform. Immutable X president Robbie Ferguson confirmed that the...
Topline Liverpool Football Club, one of the worldâs top soccer teams, is kicking off its first venture into nonfungible tokens with a collection of art based on players and managers from the menâs squad, marking one of the biggest deals yet for digital collectibles and sports. Liverpool has...
Twitter users have complained that the exploit has resulted in a sharp decline in the price of their digital collectibles over the past week. Twitter users have complained that the exploit has resulted in a sharp decline in the price of their digital collectibles over the past week. Veve, a...
(The Washington Post illustration; G2 Esports) According to copies of two contracts attached as exhibits to the filing, G2 and Bondly entered into a two-year exclusive partnership on June 2, 2021. As a participant in that partnership, Bondly was tasked with developing and acting as the sales...
Some real estate agents think the industry needs a change. Important breakthroughs integrating blockchain technology are happening in Tampa Bay. Hyde Park Place II is the complex where a condominium will be auctioned as an NFT, non-fungible token, according to Palo Alto-based real estate...
Web3 productslike non-fungible tokensand cryptocurrencies are already changing the world, a shift that blockchain evangelists say will revolutionize how the internet is constructed, how we bank and transfer money, how people pay for goods and even how we socialize in the nascent metaverse. For...
âBlockchainâ would make a good derby name. Lady Trample, left, and Miss Tea Maven, right, are two of the three roller derby skaters who tried to launch a derby-themed NFT project.Photo collage: Amanda Northrop/Vox; illustrations: Samara PepperellnoneWhen you think about roller derby, you...
The Grammy-winning DJ will be releasing his new single on the Polygon-powered site. Diplo (Dave Benett/Getty Images for Ned's Club) Crypto music startup Royal has nabbed Diplo as its latest star, saying Thursday the DJ and electronic musician will be releasing one of his new songs on the...
"They pulled the rug out from under the victims," U.S. Attorney Damian Williams said of the creators of the Frosties NFT collection. Two men allegedly behind the "Frosties" non-fungible token (NFT) project, an infamous scam whose Discord server reportedly evaporated hours after mint,...
They took the virtual money and ran. Prosecutors in New Yorkâs Southern District Thursday charged two 20-year-olds in connection with an alleged NFT scam. Ethan Vinh Nguyen and Andre Marcus Quiddaoen Llacuna were charged with wire fraud and conspiracy to commit money laundering for allegedly...
The enigmatic actor is partnering with The Chive to reveal biographical "Bill Murray Stories" for a unique collection of NFTs. Bill Murrayis finally ready to talk about all those âBill Murray Stories.â But in standard Bill Murray fashion, heâs not going to reveal his past and musings in a...
An NFT version of a 61-year-old arrest warrant for anti-apartheid icon Nelson Mandela will be auctioned off at the weekend in Cape Town, a South African digital auctioneer said Wednesday. A digital reproduction in "NFT" form of the only arrest warrant against anti-apartheid hero Nelson...
Illustration by Alex Castro / The VergenoneYuga Labs, the owner of three of the biggest NFT brands on the market, has raised $450 million in funding at a $4 billion valuation, the company announced today. The team behind Bored Ape Yacht Club plans to use the money to build a media empire around...
A carefully coordinated marketing campaign takes great pains to distance the new token from Yuga Labs, but the firm that created the Bored Ape NFTs appears to be deeply involved. Yuga Labs claims zero responsibility for ApeCoin â itâs just taking a significant chunk of the profits. (The...
The struggling video game retailer recently partnered with Immutable X to build out its NFT initiative. GameStop (GME) said in itsfiscal fourth-quarter earnings reportthat it intends to launch a non-fungible token (NFT) marketplace by the end of July. In February,...
The ApeCoin token airdropped to Bored Ape NFT owners is off to a rough start, falling from $39.40 to as low as $6.48. ApeCoin, the token linked to the popular Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, is down about 80% in its first two hours of trading. The...
Swedish streaming giant Spotify looks to add blockchain and NFTs to its services, much to the excitement of artists whose earnings could receive a significant boost. Recent job postings reveal that Spotify is headhunting individuals to work on Web 3.0, an umbrella term for a decentralized form of...