Image Credits:whitehoune / Getty Imagesunder a RF license. The NFT marketmay be finding its footing again as the market for non-fungible tokens on the Ethereum blockchain surpassed $1 billion for the first time since May 2022. Amid the recent rebound, NFT marketplace Blur has also bested the...
According to data from Nansen, nonfungible token (NFT) whale Jeffrey Hwang â known colloquially as Machi Big Brother â dumped 1,010 tokens for 11,680 Ether (ETH) or $18.6 million, in the space of 48 hours. In a Feb. 25 Twitter thread, Nansenâs simian psychometric enhancement technician,...
The Federal Reserve Board has denied the request from crypto-focused Custodia Bank to reconsider its membership to the Federal Reserve System. The United States Federal Reserve has denied a request from cryptocurrency bank Custodia Bank to reconsider its membership application to the...
The upstart NFT marketplace, flying high after overtaking OpenSea, is pushing an aggressive incentives program to draw users. Ascendant NFT marketplace Blur announced Tuesday that it will soon airdrop some $300 million worth of additional tokens to loyal users, days afterovertaking...
Sales of non-fungible token (NFT) assets over the last seven days rose 43.97% compared to the previous week, according to statistics recorded on Feb. 18, 2023. The volume of NFT sales reached $397.86 million this week, with 345,716 NFT buyers and roughly 1.62 million transactions. NFT Sales...
The two companies are partnering to create NFTs with in-person experiences for collectors, beginning with a collection from generative artist Mpkoz. Generative art non-fungible token (NFT) collective Art Blocks and NFT gallery Bright Moments are creating a unique project that ties NFTs...
After a delay, Blur's highly anticipated token is live. Traders have 60 days to claim their airdropped BLUR tokens. After months of anticipation, zero-fee non-fungible token (NFT) marketplace Blur released its native token Tuesday. The token will allow traders to participate in...
As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the blockchain, with some inscriptions fetching high...
Music producer Deputy, who helped produce Rihanna's hit 2015 single "B**** Better Have My Money," is granting a portion of his streaming royalties to collectors through anotherblock. A popular song released by music artist Rihanna was offered as a non-fungible token (NFT) through Web3...
Luxury retailer and creator of Birkin bag says Mason Rothschildâs MetaBirkin project has simply ripped it off and reaped the profits Hermès claims the artist is simply âa digital speculator who is seeking to get rich quick by appropriatingâ its brand.Photograph: Christian Vierig/Getty...
Coffeezilla, a YouTuber and crypto investigator, revealed that American mixed martial artist Dillon Danis promoted a fake NFT project without disclosing that he received $1,000 for the advertisement. While the support from numerous A-list celebrities expedited thenonfungible token (NFT)boom of...
Luxor Mining collaborated with independent developer Udi Wertheimer to mint the NFT advertising âMagic Internet JPEGsâ in âthe largest Bitcoin block ever mined.â Independent developer Udi Wertheimer claims he minted a giant image of what appears to be a bald, bearded wizard donning...
The Defiance Digital Revolution ETF will cease activity by the end of February. The Defiance Digital Revolution ETF will close. Image: Defiance ETFs NFTZ, widely touted as the worldâs first exchange-traded fund for NFTs, is shutting down. Defiance ETFsannouncedthat it will âclose and...
Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is expected in the spring. Amazon has been shopping the digital collectibles effort to no shortage of power players in the industry, per multiple sources. Said to...