eBay Buys Fully Established NFT Platform “KnownOrigin,” To Create NFTs
Published on 23 June, 2022
eBay Inc, an American multinational e-commerce company based in San Jose, California, has announced the successful acquisition of the popular non-fungible token (NFT) marketplace "KnownOrigin" for an undisclosed sum. The recent acquisition was part of its plan to create digital...
Crypto Winter Impacts Digital Asset Firms Offering Sports Sponsorship Except For NFT
Published on 22 June, 2022
NFT appears ready to hold up the rest of the crypto market during the current downtrend. However, experts are not sure how long that will last in the coming days in case the crypto winter persists. The crypto market downtrend...
Annual NFT Event “NFT.NYC” Kicks Off, Expected To Host Over 15,000 Attendants
Published on 21 June, 2022
The annual NFT conference NFT.NYC, one of the largest non-fungible token events, kicked off its fourth anniversary, celebrating the diversity of NFTs across 16 sectors, including art, film, sports, and ticketing. NFT.NYC is a three-day conference that started on June...
Mushe Joins ApeCoin As The Best NFTs On Ethereum Blockchain
Published on 20 June, 2022
Mushe has also followed the same footprints by Apecoin launching its XMU token and NFT collection targeting the high-end market. The non-fungible token (NFTs) space intertwines with Layer-1 blockchain protocols, such as Ethereum, Solana, and Avalanche, among other protocols. ApeCoin...
Taiwanese Musician “Jeff Huang” Refutes Misconduct Claims Tabled by ZachXBT
Published on 18 June, 2022
On June 17, 2022, ZachXBT, a renowned cyber detective in the decentralized finance (DeFi) space, accused Jeff Huang, a famous Taiwanese musician and blockchain personality, of gross misconduct in over ten crypto projects. These include the mysterious missing of the...
Global Computer Network Launches New Mainnet “Cudos” Offering Cloud Services
Published on 17 June, 2022
The Global Computer Network has finally launched its highly anticipated protocol, "Cudos mainnet," after several years of development. The new network aims to solve existing fundamental problems associated with cloud services. Notably, internet functionality exists at the back of the...
Microsoft’s Bill Gates Criticized The Intangible Value Of NFTs
Published on 16 June, 2022
Bill Gates, the tech billionaire and the current fourth-richest person on the planet, has criticized the intangible value of the non-fungible token (NFTs). He questioned the intangibility of NFTs during the TechCrunch Climate Change conference on June 15. Notably, Bill...
OpenSea Launches New Security Feature Protecting Users From NFT Attacks
Published on 15 June, 2022
OpenSea, an American peer-to-peer marketplace for crypto collectibles and non-fungible tokens (NFTs), has introduced a new security feature that will automatically hide suspicious NFTs transfers from the general view on its marketplace. The security development appears in the light of...
Survey Finds NFTs Flipping Is Less Profitable For Over 50% Of Investors
Published on 14 June, 2022
Non-fungible tokens (NFTs) are increasingly gaining popularity, despite their current market downturn, with many investors taking NFT flipping as a “trading strategy” to generate revenue. DEXterlab, the blockchain monitoring Software Company, conducted an online survey on Twitter which involved more...
64% Of People Buy NFTs To Make Money – DEXterlab Study
Published on 14 June, 2022
With the massive growth in popularity of non-fungible tokens (NFTs), the question has come up about whether it is worth investing thousands or millions of dollars into something that everybody can readily get for free on the internet. The underlying...