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BTC Peers Reporter

Freelance writer | Pro-crypto | Regular guy

Ozzy Osbourne, Dillon Francis, and Soulja Boy to perform at Metaverse Music Festival

Decentraland is all set to host its second annual Metaverse Music Festival (MVMF) next month. The event, slated to run from November 10-13, will be presented by digital asset exchange Kraken and will not require a ticket or any special hardware to participate. According to a Monday announcement, over 100

NFT project Azuki introduces open-source physical backed token

Chiru Labs, creators of the popular Azuki NFT project, has launched a new token standard called Physical Backed Tokens (PBT) to enable on-chain ownership of physical items. PBT is a new open-source token standard that ties a physical item to a digital token on the Ethereum blockchain. It works just

Flipkart launches ‘Flipverse’, a new metaverse shopping experience to boost user engagement

With many traditional brands jumping on the Web3 bandwagon, India-based eCommerce platform Flipkart has launched a new metaverse experience that allows consumers to discover products in a photorealistic virtual destination and shop on the firm’s app. Dubbed Flipverse, the virtual world was launched in partnership with eDAO. The first

Meta lowers expectations for Horizon Worlds as the platform struggles to retain users

In October, Mark Zuckerberg, believing that the metaverse is the next phase of the internet, took the bold step of changing the name of his company from Facebook to Meta. While several proponents of the technology envisage a virtual world where people can work, play, and live, developing the metaverse

Toy manufacturer Mattel to launch new NFT collection next month

In celebration of the 40thanniversary of the Masters of the Universe (MOTU) franchise, global toy manufacturing company Mattel will be launching a new NFT collection on November 9. Mattel has teamed up with the NFT-native digital toy company Cryptoys for the project, which will “bring Eternia into the world of

Magic Eden opts for optional royalties, causes stir in the Solana NFT community

Over the weekend, Solana’s leading NFT marketplace Magic Eden announced that it had introduced an optional royalties model, which would give customers the freedom to decide how much royalties to pay to creators when purchasing items on its platform. 🧵After some difficult reflection and discussions with many creators, we’

French authorities nab five in connection to $2.5M fraud targeting Bored Ape owners

Five persons have been charged in France for allegedly swindling NFT owners to the tune of $2.5 million. According to the prosecution, the suspects targeted holders of popular NFT collections like Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) through phishing operations. Unsuspecting victims were lured

CoinShares develops Twitter bot to track ‘fair’ NFT prices

Europe’s largest digital asset trading house CoinShares International Ltd. has launched an experimental Twitter bot to enable users to check the estimated fair market value of specific NFTs. According to the company, the CoinSharesNFTAI bot feeds various OpenSea data points to tested mathematical models to predict the fair price

Beeple is building a physical studio to merge NFTs with the real world

Mike “Beeple” Winkelmann, one of the most successful NFT artists in the world, is looking to debut a real-world studio that will host NFT exhibitions. The famed NFT artist, who made headlines last year after his record-breaking $69.3 million NFT sale, shared a video on Twitter showing the construction

Uniswap Labs shifts attention to NFTs and Web3, raises $165M

Uniswap Labs has raised $165 million in a Series B funding round led by Polychain Capital. Some of blockchain’s biggest venture firms participated in the round, including existing investors Andreessen Horowitz, Paradigm, Variant, and SV Angel. The decentralized exchange intends to channel the funds into the expansion of its