CoinGecko, a prominent independent cryptocurrency data aggregator, has recently announced its acquisition of Zash. This strategic move is set to increase CoinGecko’s cryptocurrency services by incorporating Zash’s NFT information into its API, offering users a holistic perspective of...
Artist and legal scholar Brian Frye says inaccessible crypto tokens cannot be sold, but can be donated — with potentially significant tax benefits. (John Thomas/Unsplash, modified by CoinDesk) The nightmare of every NFT collector is losing their seed phrase. It’s hard to see a hacker steal...
One JPEG flipper saw millions of dollars in rewards from Blur's Season 2 airdrop. Now the marketplace is teasing its own Ethereum layer-2 network, Blast. AsNFTmarketplaceBlursets its sights on a so-called Season 3 of rewards for traders, one JPEG flipper walked away with more than $8.4 million...
Luca Netz, CEO of Pudgy Penguins, made his first million selling fake gold chains. Luca Netz grew up homeless before becoming a self-made millionaire.Courtesy of Luca Netz Welcome to “How I Made My First Million,” Fortune’s newest series in which we interview today’s most powerful people...
Cointelegraph reached out to various professionals in the Web3 space to get their thoughts on the recent upward trend in NFT sales volumes. In this week’s newsletter, check out Disney’s plans to release anonfungible token (NFT)platform by the end of 2023 and find out why NFT sales volumes...
NBA Top Shot maker Dapper Labs is expanding beyond sports with digital c pins minted as NFTs on Flow. Entertainment giant Disney will launch anNFTcollectibles platform withNBA Top Shotmaker Dapper Labs calledDisney Pinnacle, the companies announced Tuesday. Inspired by the physical pins that...
Roblox founder and CEO David Baszucki expects top brands and celebrities to take charge and play a key role in making the “dream” of cross-platform NFTs come true. The frontman of the popular virtual universe game Roblox,David Baszucki, said he “dreams” of having the ability to...
Quick Take Yuga Labs co-founder Wylie Aronow, aka Gordon Goner, has spent more than $1.5 million on NFTs from marquee collections like CryptoPunks, Doodles and the artist Beeple. Aronow’s spending spree, which a couple days ago he teased on X, comes amid a small rebound in NFT trading...
Coatue also marked down its stake in MoonPay by 90% The valuation of non-fungible token (NFT) marketplace OpenSea has been slashed by 90% by asset manager Coatue Management, according todocuments seen by The Information. In 2022, Coatue and Paradigmleda $300 million roundfor the NFT...
The NFT platform, used to trade Bored Apes and Pudgy Penguins, laid off 50% of its employees as digital art collectibles' floor prices continue to fall. OpenSea faces clouds. (Jonny Clow/Unsplash) Non-fungible token (NFT) platform OpenSea has pared back its operating staff as digital art...
Elon Musk argued that NFT projects “should at least encode the JPEG in the blockchain,” to the delight of many Bitcoiners. While publicly mocking nonfungible tokens (NFTs) during a podcast, Tesla CEO and billionaire Elon Musk appears to have inadvertently highlighted the case...
San Antonio Spurs phenom Victor Wembanyama is putting up numbers—both on the court and in Sorare NBA. Here’s how much his NFT sold for. AnEthereumNFT trading card based on NBA rookie star Victor Wembanyama sold for over $110,000 Thursday, apparently topping the record sale for one of his...
A brief guide to expanding deeper into, and beyond, Web3. Shubham's Web3 In the wake of theNFTmarket's multi-year downturn, many artists who once thrived are now navigating a challenging and uncertain landscape. The NFT market had experienced exponential growth in recent...