Over the weekend, the Discord server of the popular NFT collectible Bored Ape Yacht Club (BAYC) was compromised, leading to the loss of about 200 ETH (approximately $360,000) worth of NFTs. The hack was due to a phishing attack on the Discord account of Boris Vagner, the project'
Despite the recent decline in the sale of NFTs, Solana has managed to reach a new milestone as the combined sales on the network reached $2.35 billion this June. The new sales record is a ray of hope for the blockchain whose native SOL token plummeted by over $14
In March 2021, digital artist Beeple made headlines after his NFT collection sold for $69.3 million. The industry has since gained massive patronage, with many people, including non-artists cashing out with digital collectibles. Victor Langlois, a 19-year-old transgender artist, is one of the latest to rake in millions. Langlois
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With globalization, there is so much on the table; it can be overwhelming. Yes, the world is increasingly becoming a village. However, the steel wall separating the digital and the physical world can still be felt, especially in investment. If anything, it can be challenging for ordinary folks to confidently
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There is little doubt that decentralized finance (DeFi) is revolutionizing finance and empowering millions. A level deeper, DeFi aligns with the vision-mission of the creator of Bitcoin, Satoshi Nakamoto, who wanted to promote financial inclusion, allowing ordinary users to steer their financial ship. Fast-forward 13 years later, DeFi is a
American professional boxer Jake Paul has been involved in the promotion of yet another NFT project that has failed to live up to its billing and may have absconded with about $6.3million belonging to investors. Dubbed “Animoon,” the NFT project marketed itself as the most awaited play-to-earn game featuring
Snoop Dogg in conjunction with Food Fighters Universe has announced their intentions to launch an NFT-themed dessert restaurant in Los Angeles. The Food Fighters Universe, co-founded by Andy Nguyen, Kevin Seo, and Phillip Huynh, took to Twitter to welcome the latest member of their business chain. Announcing the newest member
Months after saying ‘STOP ASKING ME TO DO NFTs,’ Kanye West appears to have finally succumbed to the burgeoning industry. The artist might soon make his NFT debut after filing 17 trademark applications for his brand Yeezus. “Ye,” as the popular entertainer is commonly known, made multiple U.S. federal
NFT News
Following his victory in a case of defamation against ex-wife Amber Heard, the NFT collection of American actor, producer, and musician Johnny Depp has seen a massive spike in activity. Depp’s “Never Fear Truth” collection of 3,850 NFTs was launched in January, at a price of 0.7
In a bid to tackle some of the environmental concerns caused by energy-guzzling blockchain operations like Bitcoin mining, New York lawmakers passed a bill targeting proof-of-work mining (PoW) on Friday, June 3. The bill mainly targets Bitcoin (BTC) and other cryptocurrency projects that utilize the proof-of-work algorithm to authenticate transaction
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In the era of speculative crypto assets, GGCM is bringing back gold standards by creating a robust infrastructure that lets you invest without speculating. The GGCM project is integrating the value of Gold and other precious metals in the blockchain ecosystem to make it easier for people to invest. GGCM
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By integrating IQ Protocol into the Magic Square ecosystem, risk-free borrowing has never been easier Magic Square is excited to announce that IQ protocol is now a part of the Magic Square ecosystem. With IQ protocol, our users can easily rent NFTs, unlocking billions in utility. IQ Protocol is a
Zora, an open-source NFT marketplace protocol that allows users to buy, sell, and store digital collectibles, has launched what can be described as “the most powerful NFT API” to date. The ZORA API makes it easy to retrieve NFT metadata, monitor on-chain events, analyze sales activity, and so much more.
Banks have begun to succumb to the public’s outcry for crypto services as concerns over inflation continue to rise. Two Argentine banks, in particular, have taken the bold step and are set to start offering crypto services in collaboration with Lirium. Nevertheless, Argentina’s central bank’s (BCRA) ban
Earlier this week, Tim Beiko, the Community Manager at Ethereum Foundation took to Twitter to share news of a Merge ‘Dress Rehearsal’ slated to happen on Ethereum’s Ropsten testnet network. 📣 Ropsten Merge Announcement 📣 Ethereum's longest lived PoW testnet is moving to Proof of Stake! A new beacon
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With the 33rd edition of the annual Worldwide Developers Conference (WWDC) set to kick off on June 6, tech behemoth Apple has revealed four software models – OS 15, iPadOS 15, macOS Monterey, and watchOS 8 – that are currently in development. But that’s not the interesting part. MacRumors, an avid