Annual music festival Coachella is offering a new way into the festival via non-fungible tokens. It excited its followers by announcing that ten lucky people could get their hands on lifetime passes to the Coachella Valley Arts and Music Festival by purchasing an NFT. On Tuesday, festival organizers declared the
It’s no longer news that many celebrities have jumped on the ongoing NFT frenzy, with the likes of Eminem and Justin Bieber purchasing Bored Apes. However, it appears American rapper and record producer Kanye West is not thrilled by all the action. For the time being, West will not
Supercar maker Lamborghini is finally embracing the world of non-fungible tokens. The company is set to release its first NFT collection dubbed “Space Time Memory” in February. The company made the disclosure in a press release last week. As per the statement, Swiss artist Fabian Oefner was chosen to work
With January coming to a close, the monthly trading volume of the NFT market has reached a new all-time high of $6.13 billion. According to data compiled by The Block Data Dashboard, the market for digital collectibles grew by 129% in January relative to December. Interestingly, a significant portion
The Sandbox, a leading decentralized gaming virtual world and a subsidiary of Animoca Brands, announced last week that it was partnering with Warner Music Group (WMG) to create the first music-themed world in its gaming metaverse. 🤝 Join us in welcoming none other than... @warnermusic to The Sandbox! 🎶 Their LAND will
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Johnny Depp, a multi-award American actor, known for his role as Jack Sparrow in the Pirates of the Caribbean sequels, has launched an NFT collection dubbed the Never Fear Truth, a new update on January 26 reveals. The Never Fear Truth Collection by Johnny Depp Features 11,111 Animated NFTs
Zapper has launched a tool to index all non-fungible token transfers on leading marketplace OpenSea, representatives announced on Tuesday. The devs at @zapper_fi just finished indexing all the NFT transfers and OpenSea sales since block 0 on mainnet. That's: - ~26k collections - ~25 million NFT transfers
MoonPay, a financial technology company that builds payments infrastructure for crypto, has launched a service that will allow NFT traders to buy digital art and collectibles with cash. Clients of the crypto unicorn, which include top NFT marketplaces, now have access to the new checkout tool that would allow customers
People’s Daily, the Communist Party of China’s party publication, launched a “digital collectibles” NFT gallery on its online arm People.cn on Tuesday. Prior to the launch, the newspaper had hinted at launching artwork trading even though authorities have criticized the non-fungible token (NFT) market for its hype
YouTube is set to embrace digital collectibles, CEO Susan Wojcicki revealed in a Tuesday open letter. Wojcicki said that the company would consider embracing many emerging Web3 tools, including NFTs, as a means to help creators make money. She described the current innovations around Web3 driving tools as a “source
John Lennon’s eldest son Julian has announced an auction for several Beatles memorabilia as non-fungible tokens (NFTs). He plans to sell off the digital rights for the collection of items with no intention of parting with the actual pieces. I’ve been collecting these personal items for about 30
Justin Roiland, the renowned co-creator of the Rick and Morty animated series, is working with two researchers from crypto investment firm, Paradigm, on a new NFT sales pricing mechanism called CRISP. According to the protocol designer at Paradigm, Dave White, this new concept would make it possible for a project
Thanks to a front-end vulnerability on OpenSea, a group of hackers have made away with over $1 million worth of digital collectibles. According to leading blockchain security firm PeckShield, the malicious actors made approximately 347 ETH from Ethereum’s largest NFT marketplace, OpenSea. The bug allowed the hackers to buy
A senior French surgeon could be gearing up for a legal battle and a possible disciplinary action after trying to use a patient’s X-ray to cash in on the current NFT mania. Emmanuel Masmejean tried to sell the X-ray of a concert-goer who was shot during the 2015 attack
Leading cryptocurrency exchange Huobi Global has launched a campaign aimed at attracting more participants to the metaverse. Dubbed Prime Fest: Tiger Year, the Lunar New Year campaign will run until February 14, 2022. The crypto exchange has earmarked $100 million worth of prizes and rewards for the program, including special
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Tesla CEO Elon Musk is not buying Twitter’s new NFT integration feature. Musk, in a Friday morning tweet, slammed the social media giant for allocating engineering resources towards NFT integration while doing little to tackle spam activity on its platform. Twitter is spending engineering resources on this bs while