Analysis now shows that some of the NFT projects might be creating collections of their own by targeting users’ private data. Metamask and OpenSea have logged cases of IP address leaks linked with transferring nonfungible tokens (NFTs), based on the researchers at Convex Labs and OMNIA protocol. The head of research at NFT organization Convex… Continue reading A Proof Of Concept NFT May Swipe Users’ IP Addresses
Tag: NFTs
Sneakmart MetaKicks Incorporates First Mystery NFT Sneakers Box Collection Globally
The nonfungible token (NFT) is rapidly going mainstream with its incorporation in various sectors of the global economy. In that context, Sneakmart has solidified its position in the streetwear industry via a dedicated focus on NFTs. Sneakmart is the first community-driven Streetwear app that is dedicated to streetwear, which includes clothing, sneakers, and accessories. Moreover,… Continue reading Sneakmart MetaKicks Incorporates First Mystery NFT Sneakers Box Collection Globally
Top NFT Investment Strategies For 2022
The non-fungible tokens (NFT) have become a major buzz in the digital space. Most of the people interested in the crypto and blockchain sectors have already heard about NFTs and they wish to try it out and test its intensive hype. The huge demand resulted in a major revolution in trading in the digital space.… Continue reading Top NFT Investment Strategies For 2022
Biggest Toymakers Unleash NFTs On Carbon-Neutral Blockchain
A growing interest in nonfungible tokens (NFTs) has seen them gain a lot of application, including the general toy market. For a product in the crypto market that started as a fad, NFTs have continued to gain a lot of momentum. Currently, nearly all facets of our lives have already been touched by these digital… Continue reading Biggest Toymakers Unleash NFTs On Carbon-Neutral Blockchain
Thetan Arena Gains 6 Million Players 2 Weeks After Launch, Sets New NFT Record
Christmas seems to have come early for Thetan Arena. The Binance Smart Chain blockchain game has set a new record in the NFT gaming scene. It has become the first to reach 6 million players two weeks after its launch. Tethan Arena Gameplay Analysis of this play-to-earn game since the release of its Open Beta… Continue reading Thetan Arena Gains 6 Million Players 2 Weeks After Launch, Sets New NFT Record
Sotheby’s Art Sales Reach A Record $7.3B So Far In 2021
Sotheby’s has so far sold a staggering $7.3bn (£5.5bn) worth of art and many other collectibles this year. That is the most revenue that it has generated during its 277 years of existence. The auction house credits younger and tech-savvy collectors for these high annual sales. It said on December 15 that an “influx of… Continue reading Sotheby’s Art Sales Reach A Record $7.3B So Far In 2021
Retail Buyers Accounted For Over 80% Of NFT Transactions In 2021 – Chainalysis
NFT is a segment that is taking over the crypto world. Chainalysis has reported that most of the nonfungible token (NFT) transactions so far this year were from retail buyers. However, some of the big volumes were pushed by institutional investors and collectors. Over 80% of all the nonfungible token (NFT) transactions were worth $10,000… Continue reading Retail Buyers Accounted For Over 80% Of NFT Transactions In 2021 – Chainalysis
NFTs Find Their Way Into Museums
In recent months, the nonfungible token (NFTs) market has grown exponentially spreading even into the gaming world. Now, the sector seems to be getting real-world use cases with its infiltration into the museum world. A study conducted by the International Council of Museums (ICOM) discovered that as a result of the COVID-19 pandemic, over 30%… Continue reading NFTs Find Their Way Into Museums
NFT Museum To Become The Biggest Digital Art Display In The Metaverse
With the nonfungible token (NFT) artists taking the entire world by storm, it now makes sense they have a place to display their works. NFTs are on the rise and they are bringing to light the latest innovation in the digital collectible market. Along with the nascent asset class comes many artists like Mike Winkelmann… Continue reading NFT Museum To Become The Biggest Digital Art Display In The Metaverse
NFT Art Might Never Be Mass-Marker, NFT Licenses Might Gain Mass Adoption
NFT digital art sales generate many headlines. However, that is not the mass-market use of the nascent technology. In August, Visa got itself a fancy Twitter avatar. Although that avatar did not stay up for long, this 8-bit-styled picture of a visibly unamused woman with a stylish Mohawk still made many headlines. It was not… Continue reading NFT Art Might Never Be Mass-Marker, NFT Licenses Might Gain Mass Adoption