With four months left till the end of 2022, the number of crypto, NFT, and metaverse-related trademark applications for the year has already surpassed last year’s figure. According to data shared by trademark attorney Mike Kondoudis on Tuesday, as of August 31, 2022, more than 3,600 trademark applications
The Korean subsidiary of car manufacturer Renault has teamed up with The Sandbox to establish its brand presence in the metaverse and to offer Renault-based virtual automotive experiences to customers. According to a Monday announcement, the partnership will provide new ways for customers to experience the French automaker’s vehicles
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The recent crypto winter has threatened the anticipation of the Web3 and blockchain spaces going mainstream. The crash has prompted investors to reconsider the objective of digital currencies. However, their resilience is notable in their willingness to invest in tokens offering real-world utility and clear use cases. Inery Ecosystem One
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Cryptocurrencies are everywhere, with digital assets from DeFi to NFTs becoming increasingly popular over the past few years. The entire crypto space has become embedded in the fabric of society, with blockchain and distributed ledger technologies now powering entire industries and supply chains. Crypto is now much more than just
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Cryptocurrencies are everywhere, with digital assets from DeFi to NFTs becoming increasingly popular over the past few years. The entire crypto space has become embedded in the fabric of society, with blockchain and distributed ledger technologies now powering entire industries and supply chains. Crypto is now much more than just
Vikas Khanna, a world-renowned chef and the author of the world’s most expensive cookbook, has teamed up with NFT platform Akshaya on a new cookbook product. Interestingly, the limited-edition product has an NFT twist to it. Dubbed “Sacred Foods of India,” the new book is a blend of both
In the build-up to Ethereum’s Merge upgrade, Bitcoin’s dominance has fallen to a four-year low, with the second-largest cryptocurrency by market capitalization taking the center stage. Ethereum’s highly-anticipated Merge event is expected to occur next week. The September event, which is considered a game-changer for Ethereum, is
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LG Electronics has launched its own NFT marketplace called “LG Art Labs,” making it the second South Korean TV manufacturing giant to do so this year. The electronics titan announced the launch on Twitter on Sunday, noting that the platform will “offer a curated selection of world-class artists integrated seamlessly”
In a rather ironic turn of events, an NFT company focused on identifying fraud in the Web3 space has fallen victim to a security breach. Rug Pull Finder’s NFT contract was compromised last week, allowing two people to mint 450 NFTs instead of one per wallet. According to a
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The cryptocurrency industry has come a long way since the advent of Bitcoin in 2009, attracting both individual and institutional investors. Notably, there is a growing appeal for digital assets as an investment instrument. At the center of the crypto industry’s growth are several smaller niche markets, each offering
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Blockchain cybersecurity firm OMNIA Protocol has uncovered privacy vulnerabilities in the popular Ethereum non-custodial wallet, MetaMask. The bug enabled hackers to obtain users’ internet protocol (IP) addresses when non-fungible tokens (NFTs) were airdropped to their wallets. MetaMask is the most popular Ethereum wallet. Its broad compatibility with various blockchains and
Hours after raising funds from an NFT auction, actor Bill Murray suffered a security breach that left the attacker with 119.2 ETH or $185,000. The NFT auction, part of an initiative to raise funds for Chive Charities, ended on August 31. The proceeds from the charity fundraiser were
An eastern European cybercrime group known as the Belarusian Cyber Partisans has attempted to sell the passport information of its autocratic president Alexander Lukashenko and his close associates as NFTs. The hacktivist group insists that the move is part of a plan to raise funds for a grassroots campaign aimed
With Ethereum’s highly-anticipated Merge event drawing closer, several players in the crypto space have started taking sides. While some have pledged their support for a proof-of-work-based Ethereum network, others like OpenSea have stepped forward to say they would not support forked NFTs. The leading NFT marketplace confirmed its support
The crypto arm of Andreessen Horowitz's a16z thinks that NFTs have a licensing problem, and it has the solution. The venture capital firm is looking to establish some industry standards for how NFTs can be used through an array of free licensing options. On Wednesday, the firm released
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Ticketing industry giant Ticketmaster is entering the NFT space following a six-month pilot program. The company is set to issue NFT tickets for live events through the Flow blockchain. According to a Wednesday press release, event organizers using Ticketmaster’s service can now issue NFTs before, during, and after live