NFT

Holograph Teams Up With LayerZero To Enable Holographic Omnichain NFTs

To deploy its proprietary “holographic” bridging solution, which smoothly beams tokens over blockchains with complete data integrity, including permanent smart contract addresses and token IDs, Holograph, the omnichain interoperability protocol for minting and bridging non-fungible tokens (NFTs), is teaming with LayerZero. Old-fashioned bridging techniques for NFTs produce “multichain NFTs.” When

June 28, 2022 2 mins read

Lawsuit Filed Alleging Yuga Labs of Promoting BAYC NFTs With Celebs

BAYC Files Lawsuit Against Parties Behind ‘Crazy Disinformation Campaign’

The team prepared the letter to more specifically counter the accusations. The hour-long video has received over 800,000 views on YouTube since its debut. The Bored Ape Yacht Club’s founders responded to charges that the project and its founders had Nazi links in a letter shared publicly. It comes only

June 25, 2022 2 mins read

Eminem and Snoop Dogg to Perform on BAYC Themed Event

Snoop Dogg and Eminem Release New Music Video Featuring BAYC NFTs

The Bored Ape Yacht Club had its second ApeFest in 2022. For his part, Snoop Dogg uses his Bored Ape #6723, called “Mr. Bombay.” In their song “From The D 2 The LBC,” Snoop Dogg and Eminem heavily highlight Bored Ape Yacht Club NFT. Bored Ape #6723 by Snoop Dogg

June 24, 2022 1 min read

English Football Association Plans For NFT Platform Launch

Premium Automaker Bentley Announces NFT Collection Launch on Polygon

Carbon-neutral Polygon aims to achieve its goal of being carbon-negative by 2022 end. The digital artwork on each NFT will be unveiled before the NFTs go on sale in September. For the first time ever, Bentley is launching a one-time NFT drop on the carbon-neutral Polygon network in September 2022

June 24, 2022 2 mins read

Cristiano Ronaldo Teams Up With Binance to Launch NFT Collection

Shopify Introduces ‘Tokengate’ Utilizing NFTs to Promote Sales

Known as “tokengate,” the project has an early-access beta version accessible. To buy NFTs, neither the vendor nor the buyer has to use crypto. Shopify’s new connect-to-consumer efforts will let merchants create unique items for token holders in order to interact with followers and promote sales. Known as “tokengate,” the

June 22, 2022 2 mins read

Ecommerce Giant eBay Acquires Prominent NFT Marketplace ‘KnownOrigin’

KnownOrigin, one of the most popular NFT marketplaces, was bought by eBay on Wednesday, according to a press release. The purchase is part of the company’s “tech-led reimagination,” according to the company’s statement. The deal’s financial details are being kept under wraps. Addition of Increasingly Popular Digital Collectibles eBay CEO

June 22, 2022 1 min read

Uniswap Acquires NFT Marketplace Aggregator Genie Bucking Market Trend

Uniswap announced that it would be airdropping USDC to Genie customers. DappRadar reports USD volume of NFT purchases has plummeted by almost 66%. On June 21st, Uniswap announced that it had purchased the NFT marketplace aggregator Genie. The decentralized exchange said that this step aligns with its goal of allowing

June 22, 2022 1 min read

Solana NFT Marketplace Magic Eden Secures $130M in Series B Investment

Magic Eden, created in September, was valued at $1.6 billion after the Series B round. Just three months ago, Magic Eden had announced a $27 million Series A round. NFT marketplace Magic Eden, which now controls the great bulk of the Solana market, is preparing for growth. The firm revealed

June 21, 2022 2 mins read

Ukraine Museum Raises $1 Million from NFT to Shield Army

Sale of Donated CryptoPunk NFT Brings $100K For Ukraine’s Military Effort

Donations were made in March to the Ukrainian crypto fund with CryptoPunk #5364. The NFT was sold to an unidentified bidder for 90 ETH on Thursday. Over $100,000 has been collected for Ukraine’s military effort against Russia via the sale of a donated CryptoPunk NFT, the government of Ukraine stated.

June 21, 2022 2 mins read

China’s Top Social Media Platform ‘WeChat’ Bans Crypto and NFT Accounts

According to a recent policy change, the most popular Chinese social media platform, WeChat, now prohibits using any accounts that give access to crypto or NFT services. Cryptocurrency and NFT trading, issuing, and financing accounts will fall under the “illegal business” category under the new standards. The policy states: “Accounts

June 21, 2022 2 mins read