Fri, April 19

Hackers Exploit ‘Premint’ NFT Registration Platform Stealing 320 NFTs

Hackers made more than $400,000 in profit by selling stolen NFTs. Hackers used malicious JavaScript code to infiltrate the Premint website. In one of the largest thefts of the year, hackers broke into Premint, a popular NFT registration platform, on Sunday and made off with 320 stolen NFTs and made

July 19, 2022 1 min read

Top NFT Collection by Market Cap – BAYC Secures First Position

Non-fungible tokens (NFT) are popular for their unique value while the NFT collection is basically a collection of unique NFTs. However, the NFT marketplace is a platform where NFT creators and artists are gathered together. It represents real-world images, videos, and game characters in the form of digital arts.  These

July 18, 2022 2 mins read

RIAA Compels OpenSea To Remove Multiple ENS Domains

The problem has been resolved since infringing ENS domain names were removed. OpenSea recently stated that it would lay off 20% of its personnel. Trademark objections from the Recording Industry Association of America (RIAA) have prompted NFT marketplace OpenSea to remove numerous tokens from its database. OpenSea has had a

July 17, 2022 1 min read

Prominent Automobile Manufacturer ‘KIA’ Unveils New NFT Collection

A 30-second advertisement will be shown during the TV campaign. There will be 10,100 Kia-themed goods in the marketing campaign and NFT collection. KIA, a prominent vehicle manufacturer, has started a non-fungible token (NFT) based campaign in the United States. The campaign, dubbed “Built for Whoever You Are,” was produced

July 17, 2022 2 mins read

Rare CryptoPunks NFT Sold For $3.3M Following Ethereum Price Fall

An “ape” with a blue bandanna sold for 2,691 ETH early Friday morning. Punk #4156 was acquired for 2,500 ETH in December 2021 before today’s auction. Following the dip in the price of Ethereum, a rare CryptoPunks NFT sold for $3.3 million—a $7 million loss for the seller. However, if

July 16, 2022 2 mins read

NFT Marketplace OpenSea Announced 20% Layoff Amid Low Volume

Finzer is certain that the NFT industry will continue to improve. June saw a 73% drop in the amount of Ethereum NFT trading on the market. OpenSea, the leading NFT marketplace, has laid off almost 20% of its staff. According to CEO Devin Finzer, who announced the news through Twitter

July 15, 2022 2 mins read

Will Ripple Collaboration Enhances NFT Platform Functionalities?

CrossTower partnered with Ripple to add XRP Ledger NFTs. Marketplace allows the creators to onboard the NFT projects quickly. The crypto trading platform, CrossTower has recently announced a collaboration with the leading crypto solutions provider, Ripple. With the latest partnership, they aim to add NFT tokens minted on the XRP

July 14, 2022 2 mins read

CryptoPunk NFT Rises up Through a Recent Million Dollar Sale

CryptoPunk 4464 sold for $2,615,224.91. Ethereum traded at $1,060.29 with a trading volume of $13,097,548,474. CryptoPunk 4464 NFT, was recently sold for 2,500 ETH via OpenSea, the first and largest web3 marketplace for NFTs and crypto gems in the world. CryptoPunks is a generative art collection and the first NFT-based digital

July 13, 2022 2 mins read

NFT Marketplace ‘Magic Eden’ Announces Gaming Venture Arm

The venture will solely focus on the support and development of Web3 gaming. Developers won’t have to build out NFT integrations from scratch. NFT marketplace Magic Eden just raised a cash reserve valuing it as a crypto unicorn, making the business the biggest in Solana’s ecosystem. The company has created

July 12, 2022 2 mins read

Popular Gaming Platform Launches Its First NFT Marketplace

GameStop launched its debut NFT token marketplace last Monday. Previously, GameStop and Immutable X launched a $100 million grant program. On Monday, an American video gaming platform, GameStop announced the launch of its first NFT marketplace, which allows users to buy, sell and trade the NFT collections. As per the

July 12, 2022 2 mins read