Unlike games that rely partly on centralization (Axie Infinity), fully on-chain games give players more control — and get them more engaged. Gaming has been a catalyst in resurrecting Web3 from a year-long winter. It’s also a key force for mass adoption. Yet, the journey towards...
The U.K. started a consultation on its money laundering rules on Monday. The U.K. is sharpening its approach for crypto (Jesse Hamilton/CoinDesk) NFT providers may need to be registered with the Financial Conduct Authority, the Treasury said in a consultation on money laundering regulations....
Quick Take PROOF and Moonbirds co-founder Kevin Rose sold off several high-value NFTs on March 9, but denied assertions that he’s leaving the Web3 space entirely in a post on X. Kevin Rose, co-founder of NFT project PROOF, has liquidated over $1.2 million worth of NFTs, but denied rumors...
Bitcoin-based collections traded more volume than Ethereum collections in the past 24 hours, which shows network adoption as bitcoin prices inch closer to highs. Bitcoin NFT collections traded the most volumes in the past 24 hours at $35 million compared to Ethereum-based...
Image: Envato Elements CryptoPunk #3100, one of the rare “Alien Punks,” has been sold for 4,500 ETH, worth approximately US$16.5 million, marking the second-largest transaction for a CryptoPunk in both U.S. dollar and ether terms. The sale, which took place on March 4, surpassed the...
The $300 million Bored Ape Yacht Club metaverse looks awful in its first big test To enter this bathroom and twerk you’ll need to spend $70,000. Screenshot:Yuga Labs / Kotaku A large metaverse project created by the company behind theBored Apes Yacht Club NFTproject held a recent series...
MXM, MixMob’s governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players. (Andrew Wulf/Unsplash) MixMob's Racer 1 game will see Star Wars stormtroopers make an appearance starting in the second quarter. The developer plans to arrange three more...
Collections are trying to move beyond simple profile pics Skepticism about crypto gaming is a key hurdle for NFTs NFTs — which went from being touted as the cutting edge of the digital frontier to the punchline for the most recent crypto bust — are suddenly staging an unlikely comeback. When...
ZachXBT, a pseudonymous blockchain researcher, claims to have successfully recovered a majority of funds from a stolen non-fungible token (NFT). On Feb. 24, ZachXBT shared with his 505,000-plus social media followers the outcome of a nine-month investigation into the theft of the DeGods #3251...
Solana NFTs recorded their second-highest monthly sales volume in December 2023, with $365 million in sales volume for the month. Solana-based nonfungible tokens (NFTs) recorded an all-time sales volume of over $5 billion after an uptick in NFT trading activity on the blockchain in the last...
An NFT trader just made $13 million trading Autoglyphs NFTs. The pseudonymous trader, who goes by the name OldSchoolCollection, sold 10 Autoglyphs purchased in February 2021 to a private collector for $14.5 million. A high-value NFT trader has just realised a $13 million profit after...
Bored Ape creator Yuga Labs acquires struggling rival Proof and its collection Moonbirds, absorbing its team and planning metaverse integration to further cement its status as a juggernaut in the NFT space. The hits just keep on coming for Bored Ape Yacht Club creator Yuga Labs. The...
Dynamic NFTs transform social media, enabling personalized and ever-evolving user journeys within the Web3 landscape. Nonfungible tokens (NFTs)have not only made a significant impact on the world ofblockchain gamingand digital art, but they also hold the promise of revolutionizing other...