After a few days of being the center of crypto and social media attention due to former president Donald Trump’s NFT collection, the buzz around the digital collectible seems to have faded away. The NFT collection seems to be fighting for survival as the value and number of transactions using
The top Solana NFT collection DeGods and y00ts announced their departure from Solana earlier today on Twitter. DeGods will switch to the more well-known Ethereum, while y00ts will be moved to Polygon, an Ethereum sidechain. y00ts will officially bridge to @0xPolygon in Q1 2023. pic.twitter.com/Mnz25dJko1 — y00ts (@y00tsNFT) December 25,
The largest NFT marketplace OpenSea users underwent risk due to a new hack involving a feature on the OpenSea through phishing websites. As nonfungible tokens (NFTs) increased in popularity, scammers who frequently attempt to take advantage of users within the NFT market have increased in activity. OpenSea has a feature
OpenSea, the biggest marketplace for NFTs, said today that it is prohibiting digital artists from all nations sanctioned by the United States, including Cuba, because of the embargo imposed by Washington. The prohibition was first revealed following the disabling of NFTcuba.ART profile on the marketplace. It was announced through Twitter
Mercedes-Benz group, the German luxury automobile is planning to expand its empire in the virtual world too. The step forward towards this is the filing of trademark applications for NFTs and similar purposes. This metaverse initiative was in a public forum on the 19th of Dec, after the tweet made
On December 21st, Crypto.com had an NFT campaign prohibited by the Advertising Standards Authority (ASA), the UK’s advertising authority. A sponsored Facebook ad for the crypto platform was reported by ASA. The agency said in a press statement that it didn’t adequately warn about the potential downsides of investing in
Polygon blockchain has collaborated with neobanking app hi and Mastercard to launch a platform that enables customers to generate customized, web3-focused NFT debit cards.Debit card users will be able to use crypto or fiat payments at 90 million merchants worldwide. Holders of NFT Debit Mastercards will also be able to
Polygon-powered NFT marketplace, OnePlanet joined hands with Sandbox Network to promote the global expansion of MetaToyDragonZ (MTDZ). MTDZ is a collection of 9999 PFP NFT projects based on generative pixel art designed for Metaverse and P2E. In October 2022, Sandbox Network revealed that MTDZ is extending its chain from Klaytn
NFTBank teams up with X2Y2, the third-largest Ethereum-based NFT market, and an emerging NFT loans platform. Infrastructure for NFT financialization has developed over the last two years as NFT use has increased. NFT-backed loans, NFT rentals, and NFT derivatives are current developments that branch out from NFT markets and aggregators
Looking Glass Labs is looking to accelerate the development of its nascent Pocket Dimension metaverse after forging a strategic partnership with the Unreal Engine-focused metaverse development platform Cavrnus. LGL is best known for its hugely successful GenZeroes NFT collection. GenZeroes is a thrilling Sci-Fi action series that’s powered by NFTs,
