NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3
Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of...
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NFT micro-philanthropy gives a new voice to the opera
The music industry has been a major adopter of Web3 integration, with use cases ranging from song rights, blockchain-based streaming and new forms of digital releases. Genres like pop, EDM and hip hop have represented nonfungible tokens (NFTs)...
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Hackers try to sell NFT of Belarusian leader’s supposed stolen passport
A group of hacktivists called the Belarusian Cyber Partisans have been attempting to sell a nonfungible token (NFT) featuring the purported passport info of Belarus president Alexander Lukashenko.The Belarusian Cyber Partisans say the move is...
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Crypto winter? DeFi, Metaverse, and NFT job market still hot — Recruiters
The ongoing crypto winter has seen budgets and jobs slashed, but the search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms.Speaking to Cointelegraph, Kevin Gibson, founder of crypto...
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Crypto Twitter shares security concerns regarding Meta’s recent NFT integration news
On Aug 29, Facebook and Instagram’s parent company Meta announced that its users will now be able to post digital collectibles and Non-Fungible Tokens, or NFTs, across both platforms by simply connecting their digital wallets to either...
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Ticketmaster selects Flow blockchain for minting NFT event tickets
According to Flow, a digital engagement layer-1 blockchain created by Dapper Labs, Live Nation's subsidiary Ticketmaster has unveiled nonfungible tokens (NFTs) tickets for event organizers minted on its blockchain. The primary purpose of the NFT...
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Twitter brings back suspended NFTs accounts as Solana threatens to pause ad spend
Early Wednesday, Twitter suspended access to nine accounts associated with promoting nonfungible tokens, or NFTs, on the Solana (SOL) ecosystem. The move comes just ahead of the highly anticipated launch of the y00ts NFT collection, a follow-up...
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Aussies offered NFT that could send them to space
Australians may not ever see their nonfungible tokens (NFTs) take them “to the moon,” but they might be able to get to the next best place — the edge of space.Crypto Competitions, an Australia-based Web3 sweepstakes startup, has recently...
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Moonbirds will store NFT art ‘in chain’ — Raises $50M in Series A funding
PROOF, the private community behind the Moonbirds NFT collection, has announced it is shifting its blue-chip collection completely “in chain” — allowing images to be fully contained within the underlying smart contract. In a community live...
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OpenSea turns into NFT ghost-town after volume plunges 99% in 90 days
OpenSea, the world's largest nonfungible token (NFT) marketplace, has witnessed a substantial drop in daily volumes as fears about a potential market bubble grow.OpenSea volume plummets to yearly lowsNotably, the marketplace processed nearly $5...
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18 ‘uncomfortable’ truths about nonfungible tokens
Nonfungible token (NFT) analyst and blockchain detective "OKHotshot" has highlighted his picks for 18 of the most “uncomfortable truths” about the NFT industry.In a lengthy 20-part thread to his 45,000 followers on Twitter on Aug. 27,...
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Eminem and Snoop Dogg to perform Bored Apes track at MTV music awards
NFT friendly rap icons Eminem and Snoop Dogg will be performing at MTV’s Video Music Awards (VMAs) together on Sunday, in a performance inspired by the Otherside metaverse and Bored Ape Yacht Club (BAYC) NFTs.The Otherside is a collaboration...
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M&M’S jump into BAYC mania, a Pudgy Penguin sells for 400 ETH and more…
Global confectionery giant Mars has teamed up with virtual metaverse band KINGSHIP to create limited edition boxes of M&M'S featuring content from the Bored Ape Yacht Club (BAYC). KINGSHIP is a group made up of three BAYC NFT hodlers...
I returned most of the stolen Nomad funds and all I got was this silly NFT
Hackers behind the $190 million Nomad Bridge are now being incentivized with "whitehat" themed non-fungible tokens (NFTs) if they return nearly all of the funds they stole from the protocol at the start of this month. The exclusive NFT,...
Iconic brands including Nike, Gucci have made $260M off NFT sales
The hype surrounding nonfungible tokens (NFTs) has allowed some of the world’s most iconic brands to rake in hundreds of millions of dollars in additional revenue, underscoring the mass consumer appeal of digital collectibles. Leading brands...
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Telegram founder suggests ‘NFT-like smart contracts’ to auction usernames
Pavel Durov, the founder of encrypted messaging app Telegram, has floated the idea of a marketplace that could utilize “NFT-like smart contracts” to auction highly-sought after usernames. Durov made the suggestion after the “success” of...
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NFT lending protocol Bend DAO proposes emergency changes amid credit crisis
On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt to stabilize the ecosystem. The same day, it was revealed that the project had just as little...
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Metaverse is a key factor in long-term NFT success, says new research
A new report from Juniper Research analyzed the trajectory of the nonfungible token (NFT) market over the next five years. According to the study, global transactions related to NFTs will escalate from 24 million in 2022 to nearly 40...
GameStop NFT daily fee revenue plunges under $4K as gloom infects markets
Daily revenue for GameStop’s NFT marketplace has plummeted to under $4,000, suggesting that interest in the platform has waned significantly since launching in mid-July. According to data from DappRadar, GameStop NFT has generated roughly...
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Cybersecurity analyst reveals 8 sneaky crypto scams on Twitter right now
Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter.The analyst, who has 253,400 followers on Twitter, is the founder of artificial intelligence and...
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