On Tuesday, Chinese internet giant Tencent Holdings disclosed that its non-fungible token (NFT) platform Huanhe will no longer be releasing digital collectibles. The move to halt operations comes barely a year after its launch, with the firm citing the increasing scrutiny it had endured as the main reason for the
Amid the growing popularity of NFT gaming, Polygon’s vice president of global business development for gaming, Urvit Goel, has argued that traditional games are beginning to lose their edge to NFT-integrated games. Speaking to crypto news site Cointelegraph in Seoul last week, Goel highlighted Polygon’s foray into NFT
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FXM VENTURE is an investment fund with amazing profit for smart participants interested in safe investment chances but still having high profits. Introduction of FXM VENTURE “It is never too early to start investing for your own gain.” FXM VENTURE was established in Scotland by a core team of ten
Despite being an avid supporter of the crypto industry, billionaire entrepreneur Mark Cuban has voiced his disapproval of the metaverse land frenzy. According to him, people who are dabbling into virtual real estate are “super meta immaculately dumb.” Speaking at an interview with Altcoin Daily, Cuban criticized the burgeoning market
Ethereum’s long-awaited transition to Proof-of-Stake (PoS) consensus, known as “the Merge” could happen a few days ahead of schedule, Ethereum educator and cybersecurity professional Anthony Sassano revealed. In a Thursday tweet, Sassano said “the Merge is coming,” noting that the information was from a core developer consensus layer call.
Anton Wahrstätter, an Ethereum researcher, has come up with a new proposal for an ERC-721 extension that would incorporate “stealth” addresses to hide public blockchain transactions relating to non-fungible tokens (NFTs). The idea was inspired by Vitalik Buterin’s conceptualization of non-transferrable Soulbound tokens. Wahrstätter’s proposal recommends the use
It’s a no-brainer, asset theft has grown to become one of the biggest problems in the NFT space, and given its position as the largest marketplace for NFT transactions, OpenSea has often come under fire for its actions and policies. In a recent Twitter thread, OpenSea clarified its stance
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Ahead of the highly-anticipated Merge upgrade scheduled for next month, Ethereum has conducted its third and final testnet on the Goerli testnet. And there we go! Goerli has merged 🐼 🥳 Shout out to all client teams, contributors and the whole #Ethereum ecosystem - what a moment to share with you all!
Days after announcing its multichain expansion into the Ethereum ecosystem, Solana’s crypto unicorn Magic Eden has begun targeting Ethereum-native NFT projects, and first on its list appears to be Yuga Labs’ Bored Ape Yacht Club and Mutant Ape Yacht Club. The leading NFT marketplace has submitted a proposal to
Pinata, an NFT-centric media management firm, has secured a total of $21.5 million in venture capital. A spokesperson for the four-year-old company confirmed that the company recently closed an $18 million Series A round co-led by Silicon Valley venture capital firm Greylock Partners and crypto-native investor Pantera. This is
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WhiteBIT is a European decentralized cryptocurrency exchange that attracts millions of traders around the world. The crypto platform has evolved rapidly since its founding in Dec 2018 and has finally grown to its own WhiteBIT Token. The asset will aim at expanding the development opportunities of the exchange. For users,
Nas Academy, an education technology platform created by Israeli YouTuber Nuseir Yassin, will be launching a bundle of courses that can be unlocked by holders of specific non-fungible tokens (NFTs). The initiative, which is being launched in collaboration with the e-learning platform Invisible College, allow NFT holders of the Decentraliens
Popular crypto sleuth ZachXBT has exposed the activities of two prolific NFT thieves who may have swindled collectors of over $2.5 million worth of NFTs since December 2021. Following the trail of multiple NFT thefts in 2021, ZachXBT discovered the two Paris-based young men have been behind a number
NFT minting platform Fair.xyz has raised $4.5 million in a funding round led by venture capital firm Eden Block. Other participants in the round include leading NFT marketplace OpenSea, in addition to NFX and First Minute Capital. Fair.xyz played a crucial role in helping the Ukrainian government
In a space where celebrity endorsement could push an NFT project to sell out, consumer watchdog group Truth in Advertising (TINA) has called on celebrities to disclose their NFT connections. The group revealed in a Monday notice that it had sent letters to several high-profile celebrities who promote NFTs on
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Amid agitation from some quarters to retain Ethereum’s current PoW algorithm, the network’s co-founder Vitalik Buterin has downplayed the potential effect of any hard forks on the cryptocurrency. Speaking at ETHSeoul over the weekend, Buterin said, “I don’t expect Ethereum to really be significantly harmed by another