This MiCA law would result in the issuers of nonfungible token (NFT) collections publishing the ‘white paper’ that originally conveys all the information about the protocol used by the NFT. Based on an announcement at the Korea Blockchain Week, Non-Fungible Tokens (NFTs) will be treated as cryptos and regulated similarly under the Market in Crypto… Continue reading NFTs To Be Regulated Like Crypto Under MiCA Law – EU Official
Tag: cryptocurrency
Metaverse And GameFi Least Affected By Terra Debacle – Report
Blockchain games and nonfungible token (NFT)-related metaverse projects “managed to sidestep the ensuing bear market” by posting transaction count surges of 9.5% and 27% respectively in Q2, 2022. Blockchain gaming and the Metaverse have managed to “sidestep” the “Lehman brothers-like” collapse of Terra in May 2022 – although decentralized finance (DeFi) and nonfungible tokens (NFTs)… Continue reading Metaverse And GameFi Least Affected By Terra Debacle – Report
Miami Partners With TIME And Salesforce To Launch 5000 NFTs
Based on a statement by Miami Mayor Suarez, the collaboration with MasterCard, TIME, and Salesforce has been highly invigorating. Miami is in the news yet again. Mayor Francis X. Suarez of Miami city has announced his future project aiming to distribute 5000 Ethereum nonfungible tokens (NFTs) in partnership with TIME, MasterCard, and Salesforce. The primary… Continue reading Miami Partners With TIME And Salesforce To Launch 5000 NFTs
MetaMask Introduces Feature To Stop Wallet Drainer NFT Scams
In a massive blow to NFT wallet drainer scammers, MetaMask has now updated its browser extension and wallet, making it quite challenging for the scams to happen. The new feature asks you to grant permissions to your wallet instead of automatically doing that with a ‘set approval for all’ warning. Nevertheless, it is quite essential… Continue reading MetaMask Introduces Feature To Stop Wallet Drainer NFT Scams
What Is The Future Of NFTs?
Nonfungible tokens (NFTs) felt like all the rage in 2021. Celebrities like Reese Witherspoon and Snoop Dogg came in sporting 6-figure JPEGs as their profile pictures. In the meantime, Beeple’s “Everydays: The First 5,000 Days” NFT sold for over $69 million at Sotheby’s auction house. Additionally, the NBA and Dolce & Gabbana dived into the… Continue reading What Is The Future Of NFTs?
The Bonfire Of The NFTs
The NFTs dream is not dead, but it has taken a big non-fungible beating. The market shone gloriously in 2021 as crypto-rich speculators spent billions of dollars on risky assets, pumping up prices and profits. Six months into 2022, it is looking ugly. Monthly sales volume on the biggest NFT marketplace, OpenSea, dropped to $700… Continue reading The Bonfire Of The NFTs
What Is CyberBrokers NFT?
While the current bear market in NFTs seems to have wiped out a lot of the shaky projects, those with stronger foundations have continued thriving and their brands and communities keep growing. The CyberBrokers NFT project is in the stronger category. With its ideal, futuristic, cyberpunk art, and well-thought-out storytelling, CyberBrokers has made a name… Continue reading What Is CyberBrokers NFT?
What Is DeSci And How Does It Work?
Decentralized Science (DeSci) has now emerged as the latest Web3 trend to enhance modern science. While still at a budding stage, the movement strives to revolutionize scientific research, publication, and funding while using Web3 tools. DeSci is a Web3 movement that strives to decentralize science. Essentially, DeSci strives to use Web3 tools such as DAOs,… Continue reading What Is DeSci And How Does It Work?
Crypto Winter Impacts Digital Asset Firms Offering Sports Sponsorship Except For NFT
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 continues escalating, making it difficult for digital assets firms to sign any new or renew… Continue reading Crypto Winter Impacts Digital Asset Firms Offering Sports Sponsorship Except For NFT
Annual NFT Event “NFT.NYC” Kicks Off, Expected To Host Over 15,000 Attendants
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 20 will end on June 23, 2022, and will serve as a global melting pot… Continue reading Annual NFT Event “NFT.NYC” Kicks Off, Expected To Host Over 15,000 Attendants