Investors have continued to dole out millions to crypto and NFT startups, and FanCraze is one of the latest to receive its share. The Flow-based NFT marketplace for official cricket collectibles has raised $100 million in Series A funding, Bloomberg reported on Friday. As per the report, the round was
After sustaining a net loss of $147.5 million in Q4 2021, popular retail video game store chain GameStop (GME) has finally put a deadline on launching its NFT marketplace. $GME will reportedly open their NFT marketplace at the end of their second quarter 2022. SHARE THIS ASAP! #GME #gamestop
Last month, some users of the leading NFT marketplace OpenSea fell victim to a phishing attack that claimed around $1.7 million worth of digital collectibles. Malicious actors have now moved over to the recently-launched Rare Bears NFT project, with users losing NFTs and other cryptocurrency assets worth around $790,
On Thursday, Chinese social media platform Weibo debuted its NFT marketplace called TopHolder. The Twitter equivalent is introducing an interesting feature that allows users to mint and sell their original posts as NFTs. According to the social media giant, interested users will have to scale through internal KYC checks before
The world's second-largest payments processor, American Express, is finally joining the likes of JP Morgan, Visa, and MasterCard in exploring Web3 applications of its IP where some major banks have hesitated so far. The company has filed seven trademark applications linked to virtual services and its iconic Centurion
American entertainment franchise Warner Bros. is working on the world's first-ever hybrid collection of DC cards in collaboration with card and board company Cartamundi. Today, together with @warnerbros, we are launching DC Hybrid Trading Cards by @hro. Read more in our release: https://t.co/yehs94l1to pic.twitter.
Magic Eden, a leading NFT marketplace on Solana, announced a $27 million Series A round on Monday. The funding round was led by Paradigm, with participation from Solana Ventures, Sequoia Capital, Greylock Partners, Electric Capital, Variant Fund, and Kindred Capital. Magic Eden intends to channel the funds toward product development,
NFT News
Ukraine is arguably the largest beneficiary of cryptocurrency donations, having received over $100 million in crypto donations since the Russian invasion. In yet another use of digital assets to fund its war efforts, the Ukrainian government is looking to launch an NFT collection depicting the Russian-Ukrainian war. Citing the minister
NFT News
According to Singapore’s Finance Minister Lawrence Wong, income from NFT trading will be subject to existing income tax laws. The minister made the disclosure in a Friday speech in parliament, the Business Times reported. The finance minister explained that the tax rules will apply to individuals who earn income
NFT News
The Twitter account of ESPN Major League Baseball reporter, Jeff Passan, has been hijacked by scammers in what he describes as the “biggest news day” of his life. The account got taken over by a user trying to promote an NFT giveaway. hey remember that time i got hacked on
NFT News
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
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
NFT News
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
NFT News
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
NFT News
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
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