JD.com is the latest big name to delve into the world of nonfungible tokens (NFTs), as the Chinese e-commerce giant unveils a special NFT series on its own blockchain platform. The online retail giant is reportedly launching the series ahead of its annual JD Discovery conference. Per reports of a Chinese news agency Sina Finance, The post JD.com drops NFT series on its...
Facebook, the world's largest social media platfrom is reportedly looking for a rebranding of its name in the coming week, as per a report published in The Verge. The Verge report cited an insider with direct knowledge of the matter. The report indicates that Mark Zukerberg is focused on rebranding Facebook to project it more The post Facebook is Planning a Rebranding of...
Reading Time: 2 minutes MekaVerse has been accused of perpetrating a huge fraud on the NFT community The project finally revealed its 8,888 robot NFTs on Wednesday amid accusations of insider trading Individuals relating to the MekaVerse project were said to have inside...
Coinbase CEO, Brian Armstrong revealed on Twitter today that Coinbase’s exclusive NFT marketplace has had 1 million sign-ups since yesterday and the platform further continues counting. Earlier this week, Coinbase Global Inc. launched its Non-Fungible Token (NFT) marketplace for digital artists and creators. Over 1M people have signed up for Coinbase NFT since we launched The post Coinbase NFT marketplace owns dominance with...
Ethereum (ETH), the world’s largest decentralized blockchain network is attracting more small-scaled to medium-sized retail buyers according to on- chain trends. Data from Glassnode analytics shows that the Ethereum number of addresses holding 32+ coins has just reached a 5-month high of 109,188, confirming an accumulation trend that peaked about a week ago. 📈 #Ethereum $ETH The post More People are Buying Ethereum and...
Nasdaq-listed digital currency trading platform, Coinbase Global Inc has unveiled its Non-Fungible Token (NFT) marketplace for digital artists and creators, joining its competing marketplaces including Binance and FTX Derivatives exchange in floating a similar platform. The exchange said the platform will facilitate the buying and selling of digital artworks that are resident on the blockchain The post Coinbase Joins the Bandwagon, Floats its...
After cracking down on cryptocurrencies, UK regulators are now coming for Non- Fungible Tokens (NFTs). The UK Gambling Commission (UKGC) has issued a notice against the French NFT start-up, Sorare, stating that the platform is operating without a UK gambling license. While UKGC has not taken any legal action against Sorare, yet in its ‘consumer information The post UK Gambling Commission (UKGC) issues notice...
The German football legend, Mesut Özil, who left the Emirates for Fenerbahce and started his clothing brand, M10Streetwear is launching his own cryptocurrency to further market his clothing venture. According to The Sun publications, Ozil’s latest tweet with Bitcoin’s glowing eyes symbol on his image, that noted, "exciting things coming soon", is the football celebrity’s The post This Ex-Arsenal Superstar is launching his...
Centralized and Decentralized Exchange tokens such as Binance BNB, Uniswap UNI, and Sushiswap SUSHI dominate the asset category. However, many traders and investors have been longing to know if the FTT token of the FTX exchange can create an upset in the crypto derivatives exchange category. Although the BNB and UNI token set the pace The post FTX (FTT) Price Analysis: Here's Why...
Led by the famous venture capital firm, Andreessen Horowitz, Sky Mavis studio, the creators of Axie Infinity recently raised 152 million USD in a Series B round. The move reinforced Axie Infinity as the largest NFT project by trading volume. Last week’s launch of AXS staking functionality, unlocks new rewards to users that lock up The post Axie Infinity (AXS) Price Analysis: Rising...
The mania in the non-fungible tokens (NFT) market continued over the last quarter of Q3 2021. The NFT sales volumes for Q3 2021 stood at a staggering $10.7 billion growing eightfold over the previous quarter, as per data on DappRadar. During Q2 2021, this figure stood at $1.3 billion, and $1.2 billion in its previous The post NFT Sales Volumes Skyrocketed Eight Fold...
Popular crypto exchange FTX has announced support to some of the leading NFT projects on Solana ($SOL) in a cryptic tweet. The cryptic tweet in question featured silhouetted images of Degen Ape Academy, Aurora, Thugbirdz, and Solana Monkey Business. The tweet later added Galactic Geckos, a newly launched Solana NFT project in a follow-up tweet. The post FTX Exchange Announces Support For these...
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The viral short video application, TikTok, owned by the parent company, ByteDance has announced the launch of its first-ever NFT series "TikTok Top Moments". TikTok noted that amid the NFT frenzy era, the platform will begin auctioning tokenized versions of popular, “community-defining” videos by eminent TikTok creators. TikTok revealed that the auction will take place The post NFT News: TikTok launches its first-ever...
Ripple has announced the launch of its $250 million Creator Fund that will enable creators to explore new use cases for NFTs on the XRP Ledger. The key features of the fund incorporate providing technical support to integrate with the XRPL and customize NFT experiences, along with Co-marketing and creative agency support for NFT creation The post Ripple Allocates $250M for NFTs on...
Blockchain payments firm Ripple Labs Inc has announced the launch of Ripple’s Creator Fund, an initiative that will be bankrolled with $250 million to help power the development of Non-Fungible Tokens (NFTs). As announced by the firm, the new fund will provide targeted support for creators, brands, and marketplaces to explore new use cases for The post Ripple Launches $250M NFT Fund to...
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