Thu, April 25

NFT Marketplace OpenSea Revises Creator Royalty Fee Stance

OpenSea, the leading NFT marketplace, has recently released a tool. That producers may use, to prevent their freshly released NFTs from being sold on sites that do not accept royalties. However, several Web3 developers had issues with the strategy and execution. Therefore OpenSea is making further policy adjustments in response

December 10, 2022 2 mins read

Lawsuit Filed Alleging Yuga Labs of Promoting BAYC NFTs With Celebs

Celebrities like as Justin Bieber, Madonna, Steph Curry, and Paris Hilton are being accused in a class action complaint filed on Thursday of breaking the law by promoting Bored Ape Yacht Club (BAYC) NFTs without disclosing their financial links to Yuga Labs. Yesterday, a lawsuit was filed in the Central

December 10, 2022 2 mins read

Starbucks Launches Beta Version of Odyssey on Polygon

Starbucks has launched the beta test of its highly anticipated Odyssey experience, which integrates customer loyalty benefits with a non-fungible token (NFT) collection and other gamified aspects. Starbucks teamed with the polygon in September to create the Starbucks Odyssey web3-powered experience. It’s time to wake up and smell the coffee

December 9, 2022 2 mins read

Metaplex Accuses Magic Eden of Pursuing NFT Protocol Takeover

The epicenter for the current industry discussion about enforcing NFT creator royalties. As well as lengthy arguments between prominent participants in the area have now burst out into social media. As developers attempt to alter the trajectory of the Solana NFT market. Creator of the NFT standard for Solana, Metaplex,

December 9, 2022 2 mins read

Usain Bolt Launches the Move-to-Earn STEP App at Tokyo Conference

STEP App, a Move-to-Earn app, was successfully launched at the Tokyo Conference in Japan. Usain Bolt, the global ambassador, formally launched the app. The event hosted a significant gathering of people — an all-inclusive community of builders, founders, investors, key stakeholders, and fitness geeks all striving to understand the future

December 8, 2022 2 mins read

U.S DOJ Charges ‘Blockparty’ Co-founder Rikesh Thapa of Stealing $1M

Today, the FBI announced that they had detained and filed charges against Rikesh Thapa, co-founder of Blockparty, a blockchain event firm, on charges that he stole $1 million in cash and cryptocurrency from the company to spend on personal luxuries. On Wednesday, the DOJ made allegations that Rikesh Thapa, 28,

December 8, 2022 1 min read

Warner Music Group Partners With LGND Music To Offer Music NFTs

A multi-year agreement between the major record label, Warner Music Group, and the Polygon-based Web3 music startup LGND Music was revealed today. It would allow artists signed to Warner Music Group labels to distribute music NFTs via the future Polygon-based marketplace. Set to start in January, LGND Music is an

December 6, 2022 2 mins read

Gaming Retail GiantGameStop’ Yet Again Lays Off Staff

According to reports and social media postings from impacted workers, video game company GameStop fired off another batch of employees today in anticipation of its forthcoming results report. According to Axios, the company’s crypto wallet staff was struck especially hard. A lead software developer at GameStop, identified as “Daniel Williams.”

December 6, 2022 1 min read

Reddit NFT Mints Hit a New All-Time High

While the cryptocurrency market is surrounded by lots of scandals Reddit’s Non-Fungible tokens (NFT) collection achieved an all-time high on December 3. A total of 255,000 Reddit NFT avatars were minted in a single day. In addition, more than 200,000 Reddit avatars were minted each day on Aug. 30 and

December 5, 2022 1 min read

Decentralized Exchange (DEX) Uniswap Launches New NFT Aggregator

This week’s cryptocurrency market recovery has been accompanied by significant price increases for several cryptocurrencies. The native cryptocurrency of the Ethereum-based decentralized exchange (DEX) Uniswap, UNI, is one noteworthy altcoin with recent gains. The UNI price increased by 6% on Wednesday after the debut of its new NFT Aggregator. Uniswap’s

December 1, 2022 2 mins read