As part of its plans to meet its mid-term revenue target, Japanese investment giant Softbank Group will be making a foray into the NFT space. Its internet arm “Z Holdings” will launch an NFT marketplace later this year. Z Holdings’ NFT Mall may see the light of day this spring
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YouHodler is a fast-rising fintech platform that offers its users the ability to tap into the DeFi age by offering crypto loans with high LTV and at the same time a high earning interest. With more than 40 coins already in its portfolio of services, it expands into the metaverse
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Ankr is already established as a leader in Web3 decentralized infrastructure and is rapidly producing industry-disrupting Multi-Chain Solutions that are not available anywhere else. Ankr, the largest node provider for both Binance and Polygon, has recently unleashed a new feature that could revolutionize the way the existing DeFi space operates
After going under in following a series of legal hurdles, popular peer-to-peer music sharing service LimeWire is making a comeback. But this time around, the company will be tapping on NFTs to stay above water. On Wednesday, the long-dormant company announced that it was relaunching as an NFT marketplace. Set
Crypto metaverse game “The Sandbox” has partnered with women-centric NFT project World of Women (WoW). The Sandbox will provide $25 million in grant funds to support the WoW Foundation as part of the deal. The WoW Foundation is a new initiative from WoW NFT aimed at encouraging more women to
Sydney-based NFT and gaming startup Immutable has announced that it secured $200 million in a Series C funding round. The round was led by Singapore state investment giant Temasek, with participation from Animoca Brands, Tencent, Mirae Asset, ParaFi Capital, Declaration Partners, and several others. Immutable confirmed the raise on Twitter
Former Ukrainian boxer and two-time heavyweight world champ, Wladimir Klitschko, has launched an NFT collection to support his war-hit homeland. The decorated boxer teamed up with New York-based artist WhIsBe to roll out the collection titled “Vandalz for Ukraine: WhIsBe x Wladimir Klitschko.” The NFTs will be available to mint
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The launch of Bitcoin as the premier cryptocurrency opened up endless opportunities for entry into the market. Thanks to blockchain technology, an array of trends have been launched and are currently offering real value to users. One of these trends experiencing remarkable growth with over $92.3 Billion in total
A tokenized version of the Mickey Mantle baseball card has become one of the priciest sports NFTs ever sold after netting roughly $471,000 in an OpenSea auction last Friday. Despite the current air of uncertainty around the upcoming Major League Baseball (MLB) season, trading card company Topps has continued
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As the world becomes more and more digitized, a strong understanding of Web3 and its potential is increasingly important. With blockchain education, students can learn how to use this emerging technology to create decentralized applications that distribute power, improve transparency, tighten security, and boost capital efficiency. Individuals will be able
More than ever, the decentralized and boundless nature of digital assets is being called to question amid the growing restrictions being slammed on Russian-based traders. Over the weekend, the Monetary Authority of Singapore (MAS) announced that it was imposing sanctions and certain restrictions against Russia following Russia’s invasion of
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According to Tyler Miller, Head of Communications at Vita Inu, over the span of a few years, cryptocurrency has grown from a niche interest for technophiles to something that dominates public consciousness. Whether they be investors or not, regular people off the street can probably name several prominent cryptocurrencies off
The US Securities and Exchange Commission (SEC) is looking to expand the scope of its regulatory oversight into the NFT market. Led by the crypto-skeptical Chairman Gary Gensler, the agency is reportedly investigating NFT creators and marketplaces for possible securities violations. According to a Bloomberg report citing anonymous sources, the
Despite the general market crash, the year began with a bang for NFTs. However, it appears the momentum is beginning to slow down. According to data from CryptoSlam, the number of unique NFT buyers dipped below 800,000 in February, the first time since October. There were 796,009 unique
OpenSea users in Iran will no longer be able to access the services of the leading NFT marketplace, thanks to US sanctions. Although the company is yet to release an official statement regarding the restrictions, a representative of OpenSea reportedly told Decrypt that the users are located in sanctioned territories.
NFT News
NFTs have emerged as a potent tool for fundraising, one that communities supporting Ukrainian defense and humanitarian ventures are increasingly turning to. On Wednesday, an NFT of the Ukrainian flag was sold to a pool of donors for 2,250 ETH ($6.75m). The sales round was led by UkraineDAO,