In a rather interesting turn of events, a Chinese NFT marketplace has announced that it will be buying back all the NFTs sold on its platform due to a lack of regulatory clarity. The Chinese government has remained silent on its stance on non-fungible tokens (NFTs) despite its outright ban
In an appearance on CNBC’s Squawk Box on Monday, SEC Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was ready to publicly call a commodity. Gensler aired his views while examining the implications of classifying certain cryptocurrencies as commodities rather than securities. He also addressed previous
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Holonus - Blockchain-based Best Ecosystem Platform for Next Generation Humanity in the coming future will need the economic sphere on the Internet more than ever, like the water, air and food - the most necessary things to live on earth. In the context of people's economic activities changing
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Gambling deserves a special mention among the many ways investors make money in the crypto sector. The decentralized nature of blockchain brings an enhanced level of security to the gambling sector. Crypto casinos are becoming increasingly popular, and one great example is Bitcasino. The project can boast a top-notch service
Cryptoys, an NFT-centric gaming platform, alongside its parent company OnChain Studios, has raised $23 million in a Series A funding round led by Andreessen Horowitz. Other participants in the round included Acrew Capital, Animoca Brands, CoinFund, Dapper Labs, Draper & Associates, Mattel, and Sound Ventures. OnChain CEO Will Weinraub said
The National Hockey League (NHL), alongside its Alumni Association and Players’ Association, announced Thursday that it had signed a multiyear partnership agreement with NFT platform Sweet to launch a digital collectibles marketplace. David Lehanski, the league’s executive vice president of business development and innovation, revealed in an interview that
Earlier this week, e-commerce company Shopify announced that it would be launching NFT-gated storefronts as a new feature for brands looking to make their stores more exclusive. The online shopping giant, which allows small businesses to create custom e-commerce shops, sees NFTs as the future of e-commerce and is tapping
Opinions
Gambling deserves a special mention among the many ways investors make money in the crypto sector. The decentralized nature of blockchain brings an enhanced level of security to the gambling sector. Crypto casinos are becoming increasingly popular, and one great example is Bitcasino. The project can boast a top-notch service
Football superstar Cristiano Ronaldo is getting into the world of NFTs following an exclusive deal with Binance. The leading crypto exchange announced the NFT partnership with the football star in a press statement released on June 23, noting that the multi-year partnership seeks to connect the footballer with his fans
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After a successful launch, having released one of the best NFT collections to date, and a coin pretty resistant to the ups and downs of the market, Mind Music is all geared up for the multi-chain launch scheduled for June 25, 2022. Multi-chain is the future of the crypto industry
The organizers of the Ethereum Community Conference (EthCC) have found themselves embroiled in a dispute with a group of anonymous crypto investors. According to a post published on Wednesday, the group claims that 200 tickets they paid for directly on the Polygon blockchain were all invalidated and they only received
In a statement released Wednesday, eCommerce giant eBay announced its acquisition of ‘KnownOrigin’, a popular NFT marketplace. According to the release, the deal was closed on Tuesday and is part of eBay’s “tech-led re-imagination.” David Moore, the co-founder of KnownOrigin, said the partnership would open the doors of the
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New York, NY, USA (June 23, 2022) – The Miami-based NFT metaverse gaming studio, XYZZY, will be working with Hollywood’s BRON Digital, a division of BRON Media Corp to create an NFT collection linked to the 8-episodes. At a star-studded event in New York last night during the famed NFT.
During an event hosted alongside the NFT NYC conference last night, Ethereum NFT project Doodles made a couple of big announcements. The NFT collection revealed that it had secured its first round of funding led by venture capital firm Seven Seven Six. Furthermore, musician and producer Pharrell Williams will join
In a bid to achieve its dream of powering universal ownership and exchange on its platform, decentralized exchange Uniswap has purchased NFT marketplace aggregator Genie for an undisclosed sum. “We’re excited to bring what we’ve learned building DeFi products to NFTs,” Uniswap said in an announcement. The initial
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On Tuesday, leading Solana NFT marketplace Magic Eden announced that it had raised $130 million in Series B funding to push its plans of expanding beyond the Solana ecosystem. The funding round, which brought the valuation of the company to $1.6 billion, was co-led by Electric Capital and Greylock,