AR Rahman is an internationally popular multi-talented Indian film composer, artist, philanthropist, and winner of many awards. He announced that he plans to launch his metaverse platform. During his birthday, Rahman confirmed the launch of “Katraar” via a Twitter post. AR Rahman plans to launch the new metaverse in partnership with the HBAR Foundation. The… Continue reading Grammy Winner AR Rahman To Unveil ‘Katraar’ Metaverse Platform For Artists
Tag: business
Shopify Now Lets Merchants Create, Mint, And Sell Avalanche NFTs
Shopify nonfungible tokens (NFTs) are now coming to a virtual storefront that you like. The e-commerce behemoth has enabled the sale of Avalanche NFTs on its websites. This will enable merchants to mint and sell NFTs from their e-commerce store. Moreover, users will have the ability to buy nonfungible tokens smoothly. Notably, Shopify will let… Continue reading Shopify Now Lets Merchants Create, Mint, And Sell Avalanche NFTs
NFT Sales Increased In The First Week Of January
January 2023 mini NFT Bull Run seems to have been confirmed, at least according to the sales story. As the market starts to recover from a severe 2022 second half, the 7-day volume of NFT sales in the first week of 2023 showed an uptick of 26%. The NFT sales volume for the past week… Continue reading NFT Sales Increased In The First Week Of January
Fanatics Offloads 60% Of Its Stake In NFT Company Candy Digital: Why?
Fanatics, a top sports merchandise brand, announced on January 5 that it is divesting its 60% stake in its nonfungible token (NFT) firm – Candy Digital. This radical decision comes through owing to the downturn of the sector in the bear market. The Michael Rubin-led firm held the most stake in the sports NFT platform.… Continue reading Fanatics Offloads 60% Of Its Stake In NFT Company Candy Digital: Why?
Magic Eden Refunded Users Impacted By Unverified NFT Bug
On January 5, top Solana nonfungible token (NFT) marketplace Magic Eden faced an issue where unverified NFTs were showing up as part of the verified NFT collections. The platform has since resolved the issue and says that nobody will be able to purchase any unverified NFTs anymore. Magic Eden has also sent refunds of the… Continue reading Magic Eden Refunded Users Impacted By Unverified NFT Bug
Trump NFT Collection Loses 80% In Value In 2 Weeks
The Trump NFT collection recently saw a massive plunge in value, offloading 80% of its value within 14 days. This market scenario raises the question: how did such a drastic drop in value happen? Here is something that you need to know about the TrumpCards NFT collection. How Did The Trump NFT Collection Value Plunge… Continue reading Trump NFT Collection Loses 80% In Value In 2 Weeks
Pokémon Sues Australian Firm Over NFT Collection
The Pokémon Company International has sued Australian firm Pokémon Pty Ltd for trademark infringement on their nonfungible token (NFT) game Pokéworld. The firm, also called Kotiota Studios, recently launched the play-to-earn (P2E) game. In that context, the Pokémon Company alleges that there is too much similarity between the NFT game and its own franchise. The… Continue reading Pokémon Sues Australian Firm Over NFT Collection
Samsung Invests $35M In Latin America-Focused Metaverse Initiatives
The Samsung Latam Investment of more than $35 million marks a crucial moment in Web3. Furthermore, the South Korean tech giant is now strategically betting on the metaverse as the meeting place of the future. Thus, it wants to have a strong position in Latin America and this move is meant to enable Samsung to… Continue reading Samsung Invests $35M In Latin America-Focused Metaverse Initiatives
Interest In NFTs Is Surging Again. Could They Explode Again In 2023?
2022 has proven to be a tumultuous year for nonfungible tokens (NFTs), with speculations of the NFT bubble bursting amid the persistent crypto winter. Q3 2022 saw only $3.4 billion in sales compared to $8.4 billion in Q2. In December, the numbers plunged further. Over the year, investor interest and media coverage also plunged. Nonetheless,… Continue reading Interest In NFTs Is Surging Again. Could They Explode Again In 2023?
North Korean Hackers Steal NFTs Using Almost 500 Phishing Domains
Reports indicate that the North Korean hackers developed decoy websites impersonating NFT marketplaces, NFT projects, and a DeFi platform. These hackers linked to North Korea’s Lazarus Group are allegedly behind a huge phishing campaign targeting the non-fungible token (NFT) investors – using almost 500 phishing domains to dupe victims. Blockchain security company SlowMist published a… Continue reading North Korean Hackers Steal NFTs Using Almost 500 Phishing Domains