A lawsuit filed against the decentralized finance (DeFi) platform PoolTogether in the United States was recently dismissed. The judgment states that the federal court system is not the proper venue for voicing concerns about the DeFi startup. Judge Frederic Block of a federal district court in the United States remarked
In a significant development for the ticketing industry, NFT-TiX, a leading event ticketing platform, has announced its partnership with Avalanche, a scalable smart contract platform. As part of this collaboration, NFT-TiX will exclusively use Avalanche’s blockchain technology to power its Non-Fungible Token (NFT) ticket offerings. This partnership extends further with
Machi Big Brother, a well-known NFT whale and former musician and tech entrepreneur, recently made headlines when they announced that they would be moving their Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs to the widely-used Binance cryptocurrency exchange. As a show of support for Binance
Illuvium, an Ethereum blockchain video game developer, and GameStop, a video game and consumer electronics company, announced on June 5 that they will be working together to release a collection of 20,000 non-fungible tokens (NFTs) on June 12. Developers claim that each “Illuvitars” NFT is a “dynamic collectible work of
The fusion of augmented reality (AR) and non-fungible tokens (NFTs) promises a new era of digital experiences where virtual and physical realities intersect. These two groundbreaking technologies provide unique opportunities for interaction and digital ownership that go beyond the limitations of our screens. Augmented Reality Meets Blockchain Augmented reality, a
NFTs (Non-Fungible Tokens) continue to captivate the digital art and collectibles world, as evidenced by the substantial trading volumes witnessed in various NFT marketplaces during May 2023. This emerging sector has been gaining momentum, attracting artists and investors eager to explore the potential of blockchain-based digital assets. NFT Marketplaces Experience
In an astounding display of progress, the non-fungible token (NFT) market has reached new heights, witnessing an impressive surge in sales over the past week. Recent data reveals that NFT sales have soared by a staggering 39.35% within just seven days, further solidifying the growing significance of this digital asset
A significant development in the crypto-gaming landscape is the upcoming integration of Nike’s NFT platform, .Swoosh, with EA Sports games. This integration has the potential to introduce virtual Nike footwear and apparel into the gaming experience. Ron Faris, general manager of Nike Virtual Studios, stated: This partnership will allow us
In a fascinating turn of events, Solana’s blockchain platform, famed for its speedy transaction confirmations and cost-effectiveness, has been witnessing a shift in its ecosystem. 1/ @Solana, known for its low transaction costs and quick confirmation times, has found its strength in consumer products with lower-value transactions.@0xallyzach dives into some
Blend, a recently established lending platform from Blur, has revolutionized the NFT lending industry. The blend has outperformed its rivals and turned into a dominant force in the market after only one month of operation. The platform has solidified its position as a game-changer in the field of decentralized finance
