This week’s whipsaw market movements test NFT traders’ resolve — What’s next?
It goes without question that there has been an influx of excited investors piling into Web3 and this is despite...
NFT News
Meta’s Instagram Tests NFTs as Facebook Plans to Follow Suit Soon, Says Zuckerburg
In a conversation with web3 entrepreneur Tom Bilyeu, Meta CEO Mark Zuckerberg revealed that Instagram has begun testing NFTs. One...
Fortress Protocol Hacked for $3 Million, Drained of All Funds
Fortress Protocol – an algorithmic money market and defi lending protocol – has been drained of all funds following an...
Clearpool and Jane Street Launched a Permissioned Pool Focusing on KYC Compliance
After launching five Permissionless Pools, Clearpool established its first-ever permissioned pool that allows institutional lenders to earn yields up to...
$37 Billion Sent to NFT Marketplaces in 4 Months, Chainalysis Reports
Blockchain analytics firm Chainalysis’ latest report indicates that NFT activities have slowed down in 2022, with growth beginning to pick...
OpenSea’s Discord Channel Compromised, Hackers Promote NFT Scam
Blockchain security company PeckShield informed about the latest security incident against OpenSea’s Discord channel, following multiple complaints from users on...
Otherside’s NFT Drop Temporarily Turned Ethereum Into a Deflationary Asset: DappRadar Reports
After becoming the hottest trend in fintech and crypto over the past few months, the NFT space transitioned to a...
Virginia county wants to put pension funds into DeFi yield farming
The Northern Virginia county of Fairfax has already invested a part of its pension funds in crypto and blockchain startups....
VanEck Announces Launch of NFT Collection Powered by Ethereum
VanEck’s new NFTs are designed to showcase the real-world utility of non-fungible tokens. Global investment manager VanEck has announced the...
BAYC’s Otherside NFT Drop Triggers ETH Burning Frenzy
Ethereum’s burning rate has increased to unprecedented levels, fueled by the highly-anticipated virtual land sale related to Yuga Labs’, the...
Nearly $200M Gas Burnt in Hours, ApeCoin Crashes 30%
The highly-anticipated virtual land sale related to Yuga Labs’ metaverse project went live hours ago and affected a large portion...
Solving the ‘Sunrise Issue’ is the key to unlocking crypto mass adoption
We have all been there. You see something, hear something, or feel something, and want to share that feeling or...
BAYC’s Otherside Land Sale: Everything You Need to Know
In a bid to prevent, what it calls “apocalyptic gas wars” while also encouraging a broad distribution, the Yuga Labs’...
Deus Finance Exploited Twice in Two Months, Over $13 Million Stolen
Blockchain security company PeckShield reported that Deus Finance was exploited for about $13.4 million earlier today. This comes just a...
Chinese Marketplace BigVerse Found Guilty of Minting NFTs From Stolen Artwork
A court in China’s eastern city of Hangzhou held NFTCN’s parent company, BigVerse, accountable for allowing a user to mint...
OpenSea Acquires Major NFT Aggregator Gem
NFT marketplace giant OpenSea has acquired Gem, a leading NFT aggregator, in order to offer better services for pro users....
How the Bored Apes Became One of the Best Investments in NFTs
Five years ago, non-fungible tokens (NFTs) were an esoteric concept leveraged by a few crypto fanatics, but that changed in...
Senator Kevin Thomas Proposes New Regulations
Rug pulls have grown to become a menace in the space of decentralized finance and have resulted in hundreds of...
French President Macron Supports Blockchain Innovations but Vows for Regulations
The French president has been known for his ambition of making the country a “startup nation” that is friendly to...
What are Moonbirds? Guide to the NFT Collection
To many, 2021 was the year that saw tremendous growth in the popularity of non-fungible tokens and launched them into...
Accelerate CEO Made 270,000% Annual Return After Minting BAYC NFT a Year Ago
ApeCoin (APE), the governance token associated with the popular NFT project – Bored Ape Yacht Club (BAYC), made quite a...
Blockchain-based Games Raised $2.5 Billion in Q1 2022: DappRadar Report
A recent DappRadar study estimated that blockchain-based games raised $2.5 billion in Q1, 2022 from investors. If this pace maintains,...
