Shiba Inu Teases Exciting Developments in Expanding Ecosystem

Shiba Inu, the meme coin that has evolved into a vast ecosystem, has hinted at more upcoming developments. RagnerShib, the project's Telegram Group Administrator, mentioned that there are still surprises in store for the Shiba Inu community. The Shiba Inu ecosystem now includes Shiba Inu (SHIB), ...

Solana’s Bold Vision: Rebuilding Trust and Scaling Fairness for the Future

Solana's Roadmap for Rebuilding Trust After a Challenging Year In an effort to move past the repercussions of FTX's collapse last year, Solana, a layer-1 smart contract blockchain, is charting its course for the next five years. Anatoly Yakovenko, co-founder of Solana, outlined a long-term value ...

OpenSea: Navigating the World of NFTs

The advent of nonfungible token (NFT) marketplaces has transformed the digital asset landscape, providing artists with a revolutionary platform to connect directly with their audience. At the forefront of this transformation stands OpenSea, a pioneering NFT marketplace that has redefined our interac ...

NFT Prices Soar as Donald Trump’s Mugshot Goes Viral: Crypto Community Reacts

The price of nonfungible tokens (NFTs) featuring Donald Trump surged after news outlets released a photo of the former United States President as part of his criminal case in the state of Georgia for allegedly attempting to subvert the will of voters in the 2020 election. According to data from N ...

Former OpenSea Product Manager Sentenced for Insider Trading Involving NFTs

A federal judge has sentenced former OpenSea product manager Nathaniel Chastain to three months in prison for wire fraud and money laundering related to insider trading on the platform. In an Aug. 22 announcement from the United States Department of Justice, U.S. Attorney Damian Williams said ...

Bored Ape Yacht Club (BAYC) Creators Yuga Labs Respond to OpenSea’s Removal of Operator Filter

Bored Ape Yacht Club (BAYC) creators Yuga Labs is set to wind down support for OpenSea following the platform’s upcoming removal of its on-chain royalty enforcement tool Operator Filter. The Operator Filter was launched in November 2022, essentially enabling creators to restrict secondary nonfung ...

Adidas and BAPE Unveil Limited Edition Sneaker NFT Auction

American company Adidas, along with Japanese streetwear brand BAPE, announced the auction of a limited edition sneaker linked to non-interchangeable tokens. The auction will begin on August 22 and will be open to the public. The minimum bid for a lot on the Adidas Collect website should be 0.3 ET ...

Warner Bros. and Funko to Release Adventure Time NFT Collection

Warner Bros. Studios. and the Funko platform are about to release a collection of non-interchangeable tokens inspired by the popular animated series Adventure Time. The collection, which will be available on the Droppp.io site, promises both plastic figures and NFT. Al ...

Roger Ver Acknowledges Ethereum’s Impact on Cryptocurrency Adoption

Blockchain industry veteran and Bitcoin Cash supporter Roger Wehr believes that Etherium does much more for mass cryptocurrency adoption than bitcoin, despite its smaller capitalization. During Show Me The Crypto on YouTube, Roger Ver emphasized that Etherium has brought ...

PancakeSwap Launches Play-to-Earn Project, Offering NFTs and CAKE Tokens

Decentralized crypto exchange PancakeSwap (CAKE) launches its own project based on the "Play and Earn" model, where users can receive NFT and earn CAKE tokens. Holders of the exchange's native tokens will get bonuses and a competitive advantage in play-to-earn, exchange r ...

Bitcoin Ordinals Token Issuance Surpasses 10 Million, Boosting Network Transactions and Fees

According to Dune Analytics service, the number of issued tokens based on Bitcoin Ordinals in Bitcoin network exceeded 10 million. About 200,000 tokens are issued daily, including NFTs. The popularity of Bitcoin Ordinals has led to a significant increase in transactions a ...

Floki Coin’s Surge in Value After Promotion on Chinese State TV CCTV-5

The value of Floki Coin rose 10% after an advertisement for the token appeared on the Chinese state TV channel CCTV-5 during the broadcast of the World Table Tennis Championship. The project team said the cryptocurrency received a large i ...

Investors File Lawsuit Against Shaquille O’Neal for Alleged Promotion of Unregistered NFTs

Investors have filed a class action lawsuit against basketball player Shaquille O'Neal, accusing him of promoting the Astrals' non-interchangeable tokens (NFTs) and violating securities laws. According to a complaint filed by investor Daniel Harper in the U.S. District Co ...

Solana Developers Introduce Open-Source ChatGPT Plugin for Seamless Blockchain Interaction

The Solana blockchain developers unveiled an open-source plugin for the ChatGPT neural network that allows users to interact directly with the Solana network from within the ChatGPT interface. According to Anatoly Yakovenko, co-founder and CEO of Solana Labs, the support of ...

Crypto | Verse Conference: Exploring the Prospects of Cryptocurrencies and Blockchain Technology in Ukraine

In one week in Ukraine there will be Crypto | Verse Conference - an event in the Ukrainian market, which will be a platform for discussing the prospects of cryptocurrencies, their benefits for business and financial inclusion, the use of blockchain technology and CBDC, NFT, decentralized finance ...

Dogecoin Network Sets Record with Surge in Transactions After DRC-20 Introduction

The daily number of transactions in the Dogecoin network reached an all-time high after the introduction of the new DRC-20 standard, which allows the creation of NFT and other tokens in the meme cryptocurrency blockchain. According to BitInfoCharts, there were more than 1 ...

Bitcoin Transaction Fees Plummet as Ordinals and BRC-20 Token Hype Subsides

The growth of commissions in the Bitcoin network on the background of the unexpected popularity of Ordinals and BRC-20 tokens, as some analysts predicted, quickly stopped and indicators have almost returned to normal. The average transaction fee per transaction fell to $3 ...

Integral Reality Labs and Ubisoft Partner for Assassin’s Creed Inspired NFT Collection

The Integral Reality Labs company in cooperation with the French developer Ubisoft announced the creation of a collection of non-interchangeable tokens inspired by Assassin's Creed. Collection tokens will be passes to exclusive items base ...

Weekly Roundup: Blockworks Media Portal Leads Fundraising, Unveiling Top Investments and Active Funds

Blockworks Media Portal has raised the most money Three projects have not announced investments The most active funds this week were Polygon Fund, Animoca Brands and Alchemy All of them participated in three rounds of funding A ...

European Union Considers Imposing Stricter Regulations on Cryptocurrency Companies

Besides NFTs could tax foreign companies Law to be agreed in a week The European Union may introduce a law that would force cryptocurrency companies to provide detailed information about their customers' assets. Also, cryptocurrencies will be required to regis ...

BRC-20 Token Capitalization Nears $1 Billion with Over 14,000 Tokens Mined on Bitcoin Blockchain

A total of 14,079 tokens were issued This surge has been attributed to the popularity of memes The total capitalization of tokens based on the BRC-20 standard has almost reached the $1 billion mark. In doing so, 14,079 tokens were mined on the bitcoin blockchain. ...

Kenya Proposes 3% Tax on Digital Asset Transfers in 2023 Budget Law Amendment

The Kenyan government has proposed amendments to the 2023 budget law that would allow for an additional tax on income from digital asset transfers. The bill was presented to Kenya's parliament on May 4 and would tax income generated from transactions involving digital asset ...

Kenya Plans to Impose Taxes on Cryptocurrency and Online Content

This is how the country wants to fill its budget The initiative has drawn condemnation and outrage from the local crypto lobby Not only traders, but also promoters of cryptocurrency services and products will suffer They will have to pay up to 15% of i ...

Cryptoys to release Star Wars collectible tokens on Flow blockchain

Cryptoys will release collectible tokens based on three of the most famous characters from The Walt Disney Company's Star Wars franchise. A total of 15 "collectible digital toys" will be released. The collection will include images of Luke Skywalker, Princess Leia Organa, ...

Former OpenSea Manager Found Guilty of Insider Trading on NFT Platform

Former product manager for OpenSea's NFT platform, Nathaniel Chastain, has been found guilty of fraud and unlawful gain by using insider information. The indictment against Nathaniel Chastain, announced last June, was the first in a series of high-profile cases involving in ...

Chinese fintech giant Ant Group to launch Web3 open consortium test chain

GM! JP Morgan buys virtually bankrupt First Republik Bank to save depositors, even though the banking system is said to be generally doing well. Meanwhile, BTC closed April in the black, and Block has developed nanochips for mining bitcoin. Bulls and bears continue to battle, though, it's just an ...

Chinese fintech giant Ant Group to launch Web3 open consortium test chain

The company unveiled the project at a conference in Hangzhou Ant Group is also developing the open-source AntChain Bridge Chinese fintech giant Ant Group plans to launch a Web3 open consortium test chain that will be compatible with Ethereum. The company announce ...

Haribo Holding files for NFT and Metaverse trademark

Haribo Holding, a well-known German confectionery company recognized for its mouth-watering gummy bears. Has taken a unique step by filing a trademark application associated with NFTs and the metaverse. As per the US Patent and Trademark Office (USPTO) filing on April 25. Haribo is planning ...

Solana Labs launches open-source plugin for blockchain interaction through ChatGPT chatbot

It lets you access the blockchain through a chatbot Through the plugin you can check the balance as well as conduct a transaction Solana Foundation will also give $1 million in grants to develop startups in the intersection of blockchain and AI Solana ...

Phantom Wallet Adds Ethereum and Polygon Blockchain Support, Enhances Security Features

Extension to take effect May 1 Users will be able to make transactions on all three blockchains The Phantom cryptocurrency wallet will begin supporting Ethereum and Polygon blockchains. Brandon Millman, CEO and co-founder of Phantom, said the integration will ...

Krafton to Launch Gaming Platform in Metaverse

Krafton, a prominent South Korean gaming company known for its popular online game "PUBG: Battlegrounds," has recently revealed its plans to launch a gaming platform within the metaverse this year. The project, dubbed Migaloo, has been allocated a budget of $36.8 million for its development. K ...

Sotheby’s to Auction Three Arrows Capital’s Digital Art Collection

Sotheby's, the world's oldest auction house, is set to sell a unique collection of digital artworks that once belonged to the now-bankrupt cryptocurrency hedge fund, Three Arrows Capital. The auction will showcase several non-fungible tokens (NFTs) from the Three Arrows Capital Digital Collection ...

Red Granite Pictures Launches Non-Fungible Tokens Collection Based on The Wolf of Wall Street

Red Granite Pictures has recently made an announcement regarding the launch of a unique collection of non-fungible tokens (NFTs) based on their hit movie, The Wolf of Wall Street, which was released in 2013. These NFTs are priced at $100 each and come with exclusive privileges for their owners, s ...

Former US President Donald Trump’s Latest NFT Collection Sells Out in Hours

The ex-president of the United States has just released his latest collection of NFTs, totaling 47,000 tokens powered by the Polygon blockchain. Donald Trump announced that his entire collection was sold out within a few hours, amounting to a whopping $4.6 million in sales. This marks the seco ...

Nike Releases Non-Fungible Tokens of Iconic Air Force 1 Sneakers

Sportswear and footwear manufacturer Nike releases non-fungible tokens on the .Swoosh platform for the first time. The theme of the new collection will be Nike Air Force 1 sneakers. Nike Air Force 1 sneaker model appeared 41 years ago. The NFT collection is called Our For ...

Smurf’s Society Launches Collection of NFTs Featuring Beloved Animated Characters

The Smurf's Society has recently announced the launch of an exciting NFT collection featuring the beloved Smurfs characters from the popular animated series. This unique collection consists of 12,500 one-of-a-kind NFTs, each showcasing a 3D image of various characters from the blue men cartoon, i ...

Donald Trump’s NFTs Could Have Earned Him $1 Million, Says Ethics Office

According to a recent report from the U.S. Government Ethics Office (CREW), Donald Trump's collection of non-fungible tokens (NFTs) could have earned him up to $1 million. The Trump Collection was launched on December 15, 2022, with a total of 45,000 copies available at a cost of $99 per piece. ...

Montana Passes Bill Defining Digital Assets as Personal Property to Prohibit Cryptocurrency Taxation

The Montana House of Representatives has recently passed a bill that defines digital assets, such as cryptocurrency, stablecoins, and NFTs, as personal property. This means that these assets are subject to the same property rights and protections as other forms of personal property. Moreover, ...

Sei Labs Raises $30 Million in Funding Round for Blockchain Infrastructure

Sei Labs, a leading Tier 1 blockchain developer, has recently raised $30 million in its latest funding round, valuing the company at $800 million. Notable investors such as Jump Crypto, Distributed Global, Multicoin Capital, Asymmetric Capital Partners, Flow Traders, Hypersphere Ventures, and Bix ...

Meta Announces End of Digital Collectibles on Facebook and Instagram

Meta, the parent company of Facebook and Instagram, has announced a major update that will affect digital collectibles on the platforms. Starting from April 11th, users will no longer be able to post with digital collectibles, and the collectibles previously posted will lose their blockchain info ...

Singapore Central Bank Prepares Common Standards for Crypto Firms

According to insiders cited by Bloomberg, the Monetary Authority of Singapore has been collaborating with local banks and law enforcement to establish universal guidelines for opening cryptocurrency company accounts. This initiative has been in progress for half a year, and a comprehensive report ...

Bugatti and Asprey Release Limited Collection of NFTs on Bitcoin Blockchain

Bugatti, the renowned car manufacturer, has joined forces with luxury goods company Asprey to create an exclusive limited collection of non-fungible tokens (NFTs). This is a groundbreaking collaboration, marking the first time that two luxury brands have used cutting-edge technology to record dig ...

Sales of NFTs from Trump’s Collection Skyrocket After His Arrest

Following the apprehension of former United States President Donald Trump, the demand for NFTs from his collection surged by a staggering 450%. As charges were presented, the figure grew even more, reaching a 500% increase. As per the data from the cryptocurrency platform CryptoSlam, the Trump ...

Ralph Lauren’s Miami Store Now Accepts Crypto Payments

Ralph Lauren, the renowned American fashion brand, has announced that it will now accept cryptocurrency payments at its newly opened Miami store. This marks the first time that the brand will accept payments via digital currencies, including Bitcoin (BTC), Ether (ETH), and the Polygon MATIC token ...

Demand for Donald Trump NFTs Surges Following Indictment

Following the announcement of the indictment against the former President of the United States, non-fungible tokens (NFTs) from the Donald Trump Collection have seen a surge in demand. CryptoSlam, an analytical platform, reported that the popularity of his personal NFT collection, Collect Trump C ...

Disney shuts down Metaverse division and lays off 7,000 employees

Disney Corporation has recently closed its Metaverse division as part of a wider restructuring plan. The company aims to reduce operating costs by $5.5 billion and cut 7,000 jobs within the next two months. Reports suggest that the Metaverse Research Department, which employed approximately 50 pe ...

Balmain Launches Limited Edition Unicorn Phygital Wearable Sneaker as NFT Collection

Balmain, the iconic French fashion house, has recently unveiled a unique collection of limited edition Unicorn Phygital Wearable sneakers, which are available both in physical and digital form as collectible tokens (NFTs). The fashion house worked closely with Space Runners, a leading creative st ...

Flying Sheep Studios Raises $1.2M for Blockchain Game Star Life

Flying Sheep Studios, a German startup, has just announced that it has received a sizable $1.2 million investment from the government to fund the creation of their upcoming game, Star Life, set in a virtual universe. With this funding, the company has been able to expand its workforce, enabling t ...

NFT Complaints in China Increased by 30,000% in 2022

According to China's State Administration for Market Regulation, complaints related to non-fungible tokens (NFTs) experienced a massive increase of 30,000% in 2022. The regulator reported that last year, there were 59,700 complaints from individuals who were negatively impacted by investing in th ...

PLBY Group Announces $4.9 Million Loss from Ethereum Depreciation in 2022

PLBY Group, the publisher of Playboy magazine, has reported a loss of $4.9 million due to the depreciation of its Ethereum assets in 2022. The company's profits are at risk from negative fluctuations in the market price of Ethereum. The digital assets of PLBY Group in 2021 and 2022 consisted of e ...

NFT Traders Decrease Significantly, But Volumes Remain Steady

The population of NFT traders who are currently active has significantly decreased. In February, daily trading activity ranged from 30,000 to 40,000 traders, but as of last Saturday, the number of active traders had dropped to 12,000. DappRadar's data suggests that such low activity levels among ...

Maggi to Issue NFTs for Culinary Recipes in OneRare Foodverse Metaverse

Maggi, a Nestlé Group brand that produces food seasonings, is set to launch its own unique non-fungible tokens (NFTs) in the OneRare Foodverse metaverse. The Indian branch of Maggi has partnered with the OneRare project to create NFTs in the form of recipes for a variety of culinary dishes that u ...

Nissan Files for Web3 and NFT-Related Trademarks: Plans to Develop Virtual Assets and Platform

Nissan, the well-known Japanese car manufacturer, has recently submitted four trademark applications pertaining to Web3, Non-Fungible Tokens (NFTs), and the Metaverse. Mike Kondoudis, an attorney licensed by the U.S. Patent and Trademark Office (USPTO), shared on Twitter that the pending applicat ...

Meta Ends Support for NFTs on Facebook and Instagram

Meta has recently declared that it will no longer provide support for non-fungible tokens (NFT) on its social media platforms, Facebook and Instagram. This feature was introduced merely 10 months ago. According to Stephane Kasriel, the head of commercial and financial technology at Meta, the deci ...

Major Companies Driving Cryptocurrency Adoption: A Look at BlackRock, Visa, Mastercard, and More

According to a well-known cryptocurrency blogger, trader, and analyst, there has never been a better time to hold onto digital assets for the long haul due to the increasing number of companies entering the market. Lark Davis has compiled a list of major companies that are driving the adoption of ...

The Potential of Bitcoin-based NFTs: Analysts Predict a $4.5 Billion Capitalization by 2025

In January of this year, the Ordinals protocol was introduced, enabling the creation of NFTs on the Bitcoin network. Analysts at Galaxy Digital predict that the capitalization of Bitcoin-based NFTs will skyrocket to $4.5 billion by 2025. Ordinals allows users to store various types of data, inclu ...

YouTuber Coffeezilla accuses Khabib Nurmagomedov of defrauding investors with NFTs

Coffeezilla, a popular YouTuber known for uncovering crypto fraud, has recently accused Khabib Nurmagomedov, a Russian mixed martial artist, of scamming investors with non-fungible tokens (NFTs). Nurmagomedov partnered with GoMining in October 2021 to launch a collection of NFTs, each supported b ...

The Sandbox Reports Significant Increase in NFT Sales in Metaverse

Sandbox, известная платформа метавселенной, сообщила о заметном всплеске продаж на всех своих платформах метавселенной. Платформа стала свидетелем значительного роста на 18% в годовом исчислении, при этом невзаимозаменяемые токены (NFT) испытали значительный всплеск продаж, составивший 1,4 миллиарда ...

Undeads Metaverse proposes a new approach to onboard traditional gamers to Web3

The Undeads metaverse team has unveiled a new method to introduce traditional gamers to the Web3 ecosystem, enabling them to start playing a P2E game without relying on cryptocurrencies or NFTs. Community-driven game development has surged in popularity with the integration of the blockchain indu ...

Keanu Reeves Talks About Cryptocurrencies, NFTs, and Metaverses

Canadian actor and Hollywood icon Keanu Reeves has recently shared his admiration for some of the most groundbreaking innovations of our time, including cryptocurrencies, non-fungible tokens (NFTs), and metaverses. While promoting his latest film Jo ...