Thu, April 25

Meta Introduces Posting NFTs Feature on Facebook and Instagram

Users will only need to link their digital wallets once to each app. Analysts have noticed that the firm is working on special animations for NFT posts. On Monday, Meta announced that its users will be able to share NFTs on Facebook and Instagram. As part of a trial of

August 30, 2022 2 mins read

Famous NFT Analyst Warns Non-Fungible Token Investors

OKHotshot stated most NFT trader trade at a loss.  NFT analyst said celebrity NFT projects are notoriously bad investments. Blockchain researcher and Non-Fungible token (NFT) expert OKHotshot tweeted about 18 most uncomfortable facts to its 45K followers regarding the NFT sector on Saturday. In a long thread, the analyst highlighted

August 29, 2022 2 mins read

Animoca Brands Japanese Arm Raises $45M For NFT Initiatives

This comes at a time when Japan is enforcing more rules on the cryptocurrency sector. The current corporation tax rate is set at 30% on all cryptocurrency profits. Animoca Brands, a juggernaut in the crypto gaming and web3 investing space based in Asia, is expanding into Japan with the help

August 26, 2022 1 min read

Eminem and Snoop Dogg to Perform on BAYC Themed Event

This unparalleled performance is being created in collaboration with Yuga Labs. The statement claims this to be the first-ever performance. MTV has picked up on the NFT trend. This Sunday at the MTV Video Music Awards, hip-hop superstars Eminem and Snoop Dogg will perform a live, Otherside-themed event. This unparalleled

August 26, 2022 1 min read

Popular Candy M&Ms To Get Limited BAYC NFT Artwork

Only 10,000 of the NFT-branded candy gift boxes and jars will be available. The M&Ms Celebratory Gift Box is available for the price of $59.99 USD. According to the candy manufacturer, limited quantities of M&Ms will soon be available with Bored Ape Yacht Club NFT artwork. Mars and Universal Music

August 25, 2022 2 mins read

Major Crypto Exchange Plans to Develop ‘NFT Financialization’

Uniswap is in discussions with 7 NFT lending firms, to establish NFT financialization. The platform has recently acquired the NFT marketplace aggregator, Genie. The major cryptocurrency exchange platform, Uniswap is currently showing an interest in the NFT financialization. As per the recent tweet from Uniswap’s head of NFT product, Scott

August 25, 2022 2 mins read

On-chain Social App Chingari Launches Video NFT Marketplace ‘Creative Cuts’

Video content creators using the app may monetize their work by selling it on Creator Cuts. The owners of video NFTs will engage in the producers’ 10% daily portion of the GARI revenue. Today, Chingari, the world’s fastest-growing on-chain social app, announced the release of its groundbreaking new product: Creator

August 24, 2022 2 mins read

SudoRare NFT Marketplace Executes Rug Pull Hours After Launch

About $820,000 worth of ether and other cryptocurrencies were taken in the incident. The platform’s website and Twitter page vanished soon after the heist. Many users on Crypto Twitter expressed concern that SudoRare was a fraud, and now the exchange’s developers have apparently pulled the plug. About $820,000 worth of

August 23, 2022 1 min read

Nike Generates Astonishing $185M Earnings From NFT Sales

New projections show Nike’s (NYSE: NKE) total earnings from the sale of its non-fungible tokens (NFTs) at an astounding $185 million. Non-fungible tokens have emerged as a promising new income stream for consumer-focused firms and organizations. Some of the most well-known companies have recently entered the NFT industry, citing the

August 23, 2022 1 min read

Former OpenSea Employee Wants Insider Trading Case Dismissed

Chastain faces a maximum of 20 years in jail for each of the allegations. According to the DOJ, Chastain’s case was the first known instance. Attorneys for Nate Chastain, formerly of OpenSea and now terminated from the NFT marketplace on grounds of insider trading, have filed a request to have

August 23, 2022 1 min read