Tag: NFT

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Art reimagined: NFTs are changing the collectibles market

With professionals stepping into the NFT space, the market is set to mature, making digital art a part of traditional collectibles. Art has been serving as the ultimate source of inspiration to many people throughout all of history. In the era of cryptocurrencies and the digitized world, trends change faster than ever. For years, numerous…
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$85 million ‘Meebits’ NFT project exploited; attacker nabs $700,000 collectible

The team has paused minting, and will have to use a manual workaround to prevent further exploits. Legendary NFT developers Larva Labs were the victims of an exploit this morning, as an attacker found a way to mint a rare NFT worth over $700,000 from the “Meebits” collection.  The attacker, 0xNietzsche, teased the exploit on…
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Bitcoin Cash price jumps 68%: Looming hard fork to boost BCH user base?

Bitcoin Cash is on the march ahead of its upcoming network upgrade. Bitcoin Cash (BCH) burst back into the market capitalization top 10 rankings on Thursday after a 36% overnight surge compounded 68% growth for the week. The per coin valuation of BCH climbed from $1,068 to $1,462 in under 24 hours leading into Thursday,…
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Grifter season in DeFi-land, and Uniswap v3 is here! Finance Redefined 4/28-5/05

Uniswap v3 starts off with a whimper, not a bang, and grifters galore in this week’s Finance Redefined. Lots of cons, no artistry It’s grifter season: scams and opportunists run amok, and it’s harder than ever to tell who to trust. Case and point: over the weekend, an influencer by the pseudonym “Crypto Spider” was…
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Ebay exploring crypto payment options and NFT auctions

According to CEO Jamie Iannone, eBay will be “looking at it and exploring opportunities” to enable nonfungible tokens. Major online marketplace eBay will be pursuing crypto payment options for its customers as well as exploring ways to introduce nonfungible tokens to the platform. In an interview with CNBC today, eBay CEO Jamie Iannone said the…
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NFT whale Flying Falcon sponsors 50 Axie Infinity gamers

Profits generated through the sponsorship program will be distributed among the gaming guild’s members. NFT gamers can now receive a scholarship through a new program that has been backed by some of the industry’s biggest investors. Pseudonymous digital landowner and crypto whale, “Flying Falcon,” has been the first to contribute to the “Sponsor-A-Scholar” program set…
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Nifty News: Ellen’s NFT auction flops, Oscars controversy, Kayne’s $1.8M sneakers, and more

The Golden State Warriors put the ‘Legacy Collection’ up for auction on OpenSea, the world’s most expensive sneakers are fractionalized, and a Chadwick Boseman NFT is roundly criticized. The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of…
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Ethereum price all-time high follows reduced gas costs and DeFi revival

Analysts expect Ethereum price to rally to new all-time highs after the Berlin upgrade results in a drip in gas fees and a surge in DeFi activity. Mainstream adoption of cryptocurrency continues to reach new highs in 2021 thanks to the growth of popular sectors like decentralized finance (DeFi) and nonfungible tokens (NFT).  The explosive…
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Binance crypto exchange to launch its own NFT platform

Launching in June, Binance’s new NFT platform and marketplace will share the same account system as Binance.com. Binance, the world’s largest cryptocurrency exchange, is entering the nonfungible token industry by introducing its own NFT platform and marketplace. The company announced Monday the upcoming launch of Binance NFT, a new NFT platform that is expected to…
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Ibiza without Ibiza: Virtual Amnesia dancefloor launches on Decentraland

Virtual partygoers will be able to enjoy an Ibiza club experience in a metaverse thanks to a partnership between Decentral Games and veteran club Amnesia. The coronavirus pandemic has boosted the virtual entertainment industry and provided an opening for blockchain-based ventures to tie leisure to the expanding market for nonfungible tokens.   On Monday, community-owned…
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