Tag: NFTs

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Snoop Dogg Partners With Virtual Blockchain World Sandbox — Rapper Plans to Recreate His Mansion and Drop NFTs

Following the American rapper Snoop Dogg doxing himself as a crypto whale with millions of dollars worth of non-fungible token (NFT) assets, Snoop has revealed he has partnered with the virtual gaming world Sandbox. According to the announcement, Snoop is recreating his mansion in Sandbox and will be launching his new NFT collection. Virtual ‘Trees’:…
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Wormhole Releases Solana and Ethereum NFT Bridge — A Bi-Directional Highway for Blockchain Collectibles

Last Friday, blockchain project the Wormhole Network launched the protocol’s ethereum solana bridge which enables users to exchange assets from both networks in a cross-chain fashion. Five days later, the Wormhole Network team announced the launch of a non-fungible token (NFT) bridge for transferring NFTs between both blockchains. Wormhole Launches Ethereum Solana NFT Bridge The…
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Sports NFT gold rush as projects raise $930 million in a week

Following the $250 million funding round, Dapper Labs intends to launch more licensed collectibles in music, entertainment and other sports codes. Tokenized sport collectibles projects have raised almost $1 billion in funding in the space of a week. On Sept. 22 Dapper Labs — the firm behind the Flow blockchain and the widely popular tokenized…
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NFT Fantasy Football Platform Sorare Raises $680 Million in Series B Led by Softbank

On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare Reveals $680M Capital Raise Non-fungible token (NFT)…
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Largest NFT Market by Volume Opensea Launches Smartphone Application

On September 17, the largest non-fungible token (NFT) marketplace in terms of volume, Opensea, announced the launch of the platform’s mobile application. Opensea marketplace users can now access a wide variety of NFT collections on their smartphones by downloading the application from Apple’s App Store or the Google Play store. Opensea Launches Mobile App for…
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Cryptocurrency Is Picking up Steam in Small Cities in India: Report

Cryptocurrency usage and trading are experiencing a boom in India, and most of this growth is coming from small cities. According to reports from local exchanges, the growth has been exponential. The profile of these new participants has also been interesting, as they are highly educated, not only focused just on bitcoin, and are open…
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NFT Market Sales Begin to Improve After Last Week’s Massive Market Slump

Seven days ago, non-fungible token (NFT) marketplaces saw sales nosedive after reaching all-time highs during the month of August. A week later sales have rebounded to a degree and NFT marketplaces like Opensea, Rarible, and Superrare have seen improvements in terms of seven-day trade volumes. Opensea, Rarible, Hic et nunc, Makersplace, Superrare See NFT Weekly…
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Opensea NFT Marketplace Claims Employee Profited From Insider Information

On September 15, the top non-fungible token (NFT) marketplace, Opensea, revealed that an Opensea executive profited from insider trading. “Yesterday we learned that one of our employees purchased items that they knew were set to display on our front page before they appeared there publicly,” Opensea informed the public on Wednesday. Opensea did not name…
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