Mastercard Eyes NFT and the Metaverse, Files For 15 trademarks

Mastercard has joined the growing list of global firms positioning themselves for the emerging NFT world and the Metaverse. Payment mammoth Mastercard has filed 15 separate new trademarks with the U.S. Patent and Trademark Office, revealing its intention to adopt non-fungible tokens and render virtual services in the metaverse. According to one of the trademarks, … Read more

Elon Musk Reportedly Buying Twitter

Twitter has been in the news a lot lately, and not always for the best reasons. It’s been a rough few years for Twitter. The social media company has struggled to grow its user base and profits. Twitter is considering selling themselves, and now with the news that Elon Musk is in talks to buy … Read more

Bitcoin Price Struggling to Get Over 40k

Bitcoin at the moment can’t break above the $40,000 mark and is now struggling to stay above the $35,000 level. Many analysts believe that there is more downside to come for Bitcoin and that the price could easily fall below $30,000 in the near future. So what’s causing this downward trend and will it continue? … Read more

Coinbase to create a three-part movie based on Bored Ape Yacht NFTs, Team launches a BAYC-themed restaurant

Coinbase has announced that it is creating an interactive three-part film featuring the Bored Ape Yacht NFT and ApeCoin communities titled “The Design Trilogy.” In an announcement, Coinbase is reaching out to the Bore Ape Yacht Community to submit their Bored Ape NFTs on the website of the interactive film series. “We’ve been inspired by the Bored … Read more

Hackers hijack verified Twitter accounts, announce false Azuki NFT drops to steal NFTs

Hackers have hijacked verified Twitter accounts to announce false Azuki NFT drops to mislead users and steal their NFTs. After hijacking these verified Twitter accounts, the hackers upload Azuki NFTs as profile pictures and claim to be founders of the Azuki project. The hackers then tweet links announcing a secret drop, then tagging thousands of … Read more

Bitcoin is a legal tender in Honduras’ Special Economic Zone Próspera

Próspera, a Special Economic Zone in Honduras, a Central American country, has announced that Bitcoin and other cryptocurrencies operate as legal tenders within its jurisdiction. A special economic zone is a part of the country with distinct business and trade regulations than the rest of the country. Although Honduras’ central bank has not approved Bitcoin … Read more

UFC fighters to receive bonuses Bitcoin

The Ultimate Fighting Championship (UFC) has now adopted Bitcoin (BTC) as a payment option for its fighters. UFC fighters will now be paid their fan bonuses in BTC through its official crypto partner, Crypto.com. The top three fighters featured in the UFC Pay-Per-View will get BTC payment based on fan voting. UFC Pay-Per-View is a … Read more

UN Agency adopts cryptocurrency for the first time to help Ukrainian refugees

As the Russian invasion of Ukraine intensifies, cryptocurrency has continuously proven to be a saving grace for the war-torn country as adoption continues. The United Nations High Commissioner for Refugees (UNHCR) has become the latest world organization to adopt cryptocurrency to generate funds for humanitarian aid for Ukrainians as it receives crypto donations for the … Read more

The UK Royal Mint To Create an NFT This Summer

The Royal Mint of the United Kingdom is planning on creating a Non-Fungible Token (NFT) that will be issued this Summer. The Chancellor of the Exchequer, Rishi Sunak, said in a press release that the NFT will be an “emblem of the forward-looking approach the UK” towards making the UK a global hub for crypto assets technology … Read more

Justin Aversano reveals plans to open a 3,600-square-foot physical NFT gallery in June

NFT artist Justin Aversano, during the Non-Fungible Conference in Lisbon, said he is planning to open a physical gallery for NFTs in Santa Monica, California. Justin Aversano, the co-founder of Quantum and the creator of the successful NFT photo project Twin Flames, which featured 100 photos of Twins from across the world and generated millions … Read more

The Dubai Police Force becomes first law enforcers to jump on the NFT bandwagon

The Dubai Police Force is setting standards for other police forces to follow by embracing non-fungible tokens (NFTs). The police force has announced that it will be airdropping 150 NFTs in what it calls “The First Dubai NFT Airdrop”. This is the first time any police force would feature an NFT collection. According to the announcement, “each … Read more

OpenSea integrates Moonplay’s plug-and-play solution to allow NFT card purchase

OpenSea, the world’s largest NFT marketplace, has added a pay with card option to its platform, making it easier to acquire NFT and driving mainstream adoption. Through MoonPay’s NFT Checkout integration, collectors will be able to buy NFTs on OpenSea via credit and debit card without using cryptocurrencies. NFT Checkout is a plug-and-play solution for … Read more

Visa launches program to help creatives leverage NFTs to scale their businesses

Global payment company Visa has launched the Visa Creator Program to help small business owners in the creative industry scale their businesses using non-fungible tokens (NFTs). The Visa Creator Program aims to help creators in art, music, fashion, and film protect their ownership rights and generate revenue through NFTs irrespective of their level of experience … Read more

Solana is officially coming to OpenSea in April

OpenSea has confirmed the rumor going around about its plans to add support for Solana NFTs on its platform. The largest NFT marketplace OpenSea has announced that it will integrate the Solana blockchain within its ecosystem on an undisclosed day in April. OpenSea made this new long-awaited news known through a 16 seconds teaser video … Read more

Samsung Electronics teams up with Nifty Gateway to create NFT marketplace for smart TVs

Owners of the new Samsung Premium TVs will be able to view and buy NFTs while relaxing on their couches through new integration. Electronics mammoth and Nifty Gateway’s marketplace have partnered to create the first smart TVs that will allow NFT users to explore, purchase, and trade non-fungible tokens (NFTs). The NFT marketplace integration will … Read more

WWE inks partnership deal with Fanatics to launch NFTs

World Wrestling Entertainment (WWE) has inked a long-term partnership deal with global digital sports platform Fanatics to produce wrestling-themed non-fungible tokens (NFTs) trading cards. According to a joint statement, the NFTs will capture a star-studded roster of wrestlers and their action moments in the ring and allow their global fanbase to showcase their pride and … Read more

MAC Cosmetics & ConsenSys pledges 100% profits from Keith Haring NFT sales to fight HIV/AIDS

MAC Cosmetics and ConsenSys are teaming together to use non-fungible tokens (NFTs) to help people battling HIV/AIDS. The NFT collection consists of 5,275 NFTs, which features the combination of the late Keith Haring’s art style with MAC lipsticks. Each NFT is an animated illustration, grouped into 3 categories with different price points and rarities. The … Read more

Celebrity chefs launch CHFTY Pizzas NFTs on Ethereum to build ecosystem in Web3

Top chefs Tom Colicchio and Spike Mendelsohn are on a mission to build an ecosystem to help chefs, foodies, and brands integrate into Web3 through non-fungible tokens (NFTs). Colicchio and Mendelsohn launched their NFT collection, CHFTY Pizzas NFTs, with a public mint on Thursday on the Ethereum Blockchain. According to an announcement, ownership of this … Read more

Frosties creators charged with $1 Million NFT fraud scheme by US Department of Justice

The creators of Frosties non-fungible tokens (NFTs) project that suffered a rug pull in January have been arrested and charged with conspiracy to commit wire fraud and money laundering by the United States Department of Justice. Creators of Frosties NFTs Ethan Nguyen, aka Meltfrost or Jakefiftyeight, and Andre Llacuna, aka heyandre, were both charged for … Read more

Krafton partners with Solana Labs to develop NFT-based games

South Korean video game company Krafton has signed a business deal with Layer 1 blockchain project Solana Labs to build blockchain-based games using non-fungible tokens (NFTs). Krafton, known for its popular battle royale game, PUBG: Battlegrounds, will utilize Salana’s blockchain technologies and experience to build NFT-based games and services. Peaking on the business partnership, Krafton’s … Read more

GameStop Launches NFT Marketplace Beta Version on Loopring Layer 2 Solution

GameStop’s non-fungible token (NFT) marketplace plans are now taking shape with the launch of the beta version built on Ethereum scaling provider Loopring. The Head of Growth at Loopring, Adam Browman, posted on Medium that the integration will allow users to gain access to a fast, cheap and secure platform powered by Loopring. Loopring layer … Read more

NFT marketplace VeVe temporarily shuts down platform following an in-app token exploit

VeVe nonfungible token (NFT) marketplace has been temporarily shut down following an exploit that resulted in a significant quantity of gems being acquired illegitimately. The NFT marketplace with licensed premium digital collectibles took to Twitter on Tuesday to announce that it has also restricted some accounts pending the investigation into the exploit. “As a result … Read more

DeFiance Capital Founder Loses 59 NFTs To Hacker

The founder of DeFiance Capital, a decentralized Finance (DeFi) and blockchain gaming venture fund company, Arthur Cheong, has lost 59 NFTs worth $1.7 million to hacker. According to an alert message from security firm PeckShield, Cheong’s hot wallet was compromised on Tuesday. The NFTs stolen from his hot wallet includes 33 Second Selfs, 17 Azukis, … Read more

Abu Dhabi proposes recommendation, seeks opinion on NFT activities

Emirate’s international financial center and free zone, Abu Dhabi Global Market (ADGM), published a consultation paper, which stated that it is open to NFT activities. The paper titled “Proposals for enhancements to capital markets and virtual assets in ADGM” aims to seek views concerning reforms to the capital markets regulatory framework, including virtual assets and … Read more

Malaysian Communications Minister Proposes Crypto Legalization to Boost NFT Trading

The Malaysian Ministry of Communications and Multimedia (KKMM) is reportedly pushing for the legalization of cryptocurrencies like Bitcoin and Ethereum in the country to boost the participation of youth in the crypto industry and NFT marketplaces. Harian Metro reported on Monday that the Deputy Communications and Multimedia Minister Datuk Zahidi Zainul Abidin urged the government … Read more

GameStop NFT Marketplace to Launch in Q2 2022

GameStop has finally fixed a launch date for the release of its much-talked-about NFT marketplace. The American video game and gaming merchandise retailer revealed in its Q4 financial report that it will be launching its highly awaited non-fungible tokens (NFTs) marketplace by the end of Q2 2022. If all goes as planned and GameStop stays … Read more

NFTs Dip Just To Bump Up P2E NFT Gaming

Despite falling nonfungible token (NFT) values, play-to-earn NFT gaming continues to grow in popularity as more individuals perceive it as a viable source of income. In a poll taken in the Philippines, 32 percent of respondents stated that if NFT games enabled them to work full-time, they would leave or contemplate leaving. “Not shocked by the findings,” said … Read more

Mark Zuckerberg Says Meta is Bringing NFTs To Instagram

The CEO of Meta, Mark Zuckerberg, has finally confirmed the speculations about integrating NFT features into the Instagram ecosystem. On Tuesday, Zuckerberg allegedly announced while speaking at the South by Southwest (SXSW) conference that his company, Meta is working on bringing NFTs to Instagram soon. “We’re working on bringing NFTs to Instagram in the near … Read more

Blockchain Scalability Is Improving The Gaming Industry

With blockchain making advances into the video gaming business, industry insiders and executives at nonfungible token (NFT) blockchain WAX predict that there will be more linkages between games and blockchain networks in the future. WAX director of publishing David Kim and WAX Studios head of game studios Michael Rubinelli discussed NFTs, the metaverse, and blockchain … Read more

Pixar Studio Sells Out Pixar Pals NFTs Within 24 Hours Launch

Pixar Animation Studios’ non-fungible tokens (NFT) collection, Pixar Pals, has sold out within 24 hours after Sunday drop. The NFTs collection, which celebrates some of the most iconic characters and moments brought to life by Pixar Animation Studios, was listed on the VeVe marketplace. The collection feature Woody in Toy Story, Mike Wazowski from Monsters … Read more

Axie Infinity to the Moon

Players of the monster-battle nonfungible tokens or NFTs, game Axie Infinity, traded approximately $3.5 billion worth of NFTs in 2021, according to a new study curated by NonFungible. In 2021, this will account for nearly two-thirds of all NFTs exchanged in the blockchain gaming sector. NBA Top Shot, a sports highlights marketplace, came in second … Read more

Bored Ape Creator Yuga Labs acquires CryptoPunks and Meebits NFT collections IP from Larva Labs

Yuga Labs, the creators of the Bored Ape Yacht non-fungible tokens (NFTs), has acquired the IP of Larva Labs’ CryptoPunks and Meebits NFT collections. The unexpected news took the NFT space by storm over the weekend. Larva Labs is a leading NFT creator in the rising digital art world, with its foremost crypto project, CryptoPunk … Read more

Bored Ape Yacht Club Thrown Under the Bus?

Yuga Labs, the company behind the Bored Ape Yacht Club, or BAYC, recently unveiled a new cooperation with Animoca Brands, a blockchain and play to earn gaming publisher. The hitch is that no information about the initiative has been released, and customers who signed up for it through a Know Your Customer (KYC) authentication process … Read more

Warner Bros. Taps Cartamundi To Release DC Comics Hybrid NFT Trading Cards

Entertainment conglomerate Warner Bros. has partnered with leading card game company Cartamundi Group to launch DC Comics Hybrid Trading Cards. The hybrid trading card, which features DC comics superheroes and supervillains, will come in physical and non-fungible tokens (NFT) forms. The NFTs are minted on Ethereum-based carbon-neutral Layer2 blockchain Immutable X. According to a statement, … Read more

Adobe’s Behance adds support for Polygon NFTs

Creators on Adobe-owned social media platform Behance can now display their non-fungible tokens (NFTs) minted on Polygon on their profile. Will Allen, a VP at Adobe overseeing Behance, said the integration of Polygon as an Ethereum scaling solution into Behance addresses creators’ concerns about the high energy consumption level and the high gas fee of … Read more