Thiel co-founded PayPal and provided early funding for platforms like LinkedIn and Yelp. Infinex’s non-fungible token (NFT) collection, Patrons, has surpassed $67.7 million in total investments within just six weeks since its launch, despite a downturn in the wider NFT market. The PatronsNFT...
For the NFT space, 2024 has been an eye-opener, exposing some alarming patterns as the market develops. The market is trying to keep the momentum it previously had with an explosion of new collections, poor participation, and sharp price declines. We searched for the truth by looking at the...
The North Koreans invested great effort in creating and promoting a game that apparently drained users’ wallets. The North Koreans invested great effort in creating and promoting a game that apparently drained users’ wallets. The North Korean Lazarus Group of hackers used a fake...
NFT Market Sees 20% Sales Growth This Week The NFT market saw a notable recovery this past week, with $91 million in total transactions.CryptoSlam.io, a popular statistics website for the crypto market, reports that after a period of slow development, global sales have increased by 20.58% due...
NFT ownership offers unique opportunities in digital asset ownership but comes with significant... [+] NurPhoto via Getty ImagesNFT purchases raise questions about what buyers actually acquire. This article examines the realities of NFT ownership, including rights, digital asset components and...
According to a new report from Helika on Telegram games, engagement with NFTs and longer player sessions increased in Telegram’s gaming ecosystem during Q3 2024. The number of unique wallets transferring NFTs surged from 200,000 to over 1 million during the quarter, per the report, with...
Ethereum L2 network for the NFT industry, Mint Blockchain received a grant of 750,000 OP tokens ($1.35 million) from Optimism Governance in the 28th cycle of Optimism Grants. On Oct. 15, Mint Blockchain announced in anX post that Optimismop-2.46% Optimism has approved their grant request for...
Champions Tactics: Grimoria Chronicles will debut on the Oasys network on October 23, gaming giant Ubisoft announced Thursday. Gaming giant Ubisoft announced Thursday that it will releaseChampions Tactics: Grimoria Chronicles, its first original blockchain game, on October 23. The tactical PC...
A group of NFT holders sued the creators, claiming they took no significant steps to fulfill promised perks and had no knowledge of blockchain. A group of NFT holders sued the creators, claiming they took no significant steps to fulfill promised perks and had no knowledge of blockchain. A group...
NFT sales volumes for the week ending Oct. 6 hit nearly $85 million, the biggest selling week for NFTs since the end of August. NFT sales volumes for the week ending Oct. 6 hit nearly $85 million, the biggest selling week for NFTs since the end of August. Weekly sales volumes of non-fungible...
Telegram is expanding its blockchain capabilities by converting limited-edition Gifts into NFTs. The newly introduced Gifts feature allows users to send custom messages and convert them into Stars. Despite the broader NFT market slump, Telegram is confident in the future of NFTs and digital...
Punk 1563 changed hands for 24,000 ETH, a huge markup versus recent pricing. CryptoPunk 1563 just sold for a record $56.3 million. (CryptoPunks) A hallmark of the last cryptocurrency bull market was the remarkably high sale prices for various non-fungible tokens (NFTs)....
Indonesia’s state-owned postal service has launched a physical postage stamp with an NFT counterpart. Indonesia’s state-owned postal service has launched a physical postage stamp with an NFT counterpart. Pos Indonesia, the state-owned postal service of Indonesia, has introduced its...
The volume of non-fungible tokens in the Bitcoin network bounced back last week as the industry stabilized. Bitcoin NFT sales rose According toCryptoSlam, sales of Bitcoin (BTC) NFTs jumped by 56% in the last seven days to over $20 million. The number of buyers in the network rose by 48% to...