In the aftermath of the introduction of the BRC-69 token standard, inscribing, a process for creating Bitcoin non-fungible tokens (NFTs), has seen a surge in activity. According to statistics recorded by blockchain analytics company Glassnode, the number of new inscriptions jumped to over 350,000 on Monday. Since Ordinals’s launchpad Luminex
Non-fungible tokens (NFTs) have come a long way since Beeple’s $69 million digital art sale made waves across the digital asset industry. Although the crypto ‘winter’ of 2022 has not spared this emerging ecosystem, the latest Dapp Radar report reveals that the NFT market recorded $2.9 billion in trading volumes
There was a SIM swap assault on the Gutter Cat Gang NFT project, and more than $765,000 worth of NFTs were taken. Several members of the NFT community brought attention to the security breach at approximately 8:00 pm UTC on 7 July. Gutter Mitch, the co-founder of the Gutter Cat
bitsCrunch, a blockchain and non-fungible token (NFT)-based platform, has announced exciting news to crypto enthusiasts and NFT traders. The bitsCrunch Network Testnet is “now live and open to the public”, allowing participants to experience the future of transparency and AI-powered data accessibility in the NFT space. The bitsCrunch Incentivized Testnet launch
Collectors seem to have continued to forego paying optional royalties despite months of friction between platforms and authors over the enforcement of NFT royalty payments. Royalty payments for NFTs hit a two-year low in June, according to statistics provided by analytics platform Nansen on Wednesday. In April of 2022, royalties
Credit Suisse has taken a giant leap in its support of women’s football in Switzerland by releasing an NFT art collection in collaboration with the Swiss Football Association (SFA). This partnership has two main goals. The first is to increase awareness of the sport. And second is to help the
Blockchain technology has revolutionized how information is stored and transferred, particularly within the realm of cryptocurrencies. With its transparent and decentralized nature, blockchain layer has become a breakthrough innovation of the 21st century. However, understanding the intricate workings of blockchain can be challenging. In this article, we will simplify the
As more and more famous people began investing in NFTs, Yuga Labs’ projects began to take shape. The value of these tokens skyrocketed, specifically BAYC reaching a peak minimum price of 152 ETH which is approx. $429,000 in April of last year. There has been a slowdown in the NFT
As the world of blockchain gaming evolves, the emergence of truly transformative projects have garnered the attention of enthusiasts and investors alike. The next big thing in this space is MetaCene, a cutting-edge blockchain MMORPG with AAA-inspired design, and its groundbreaking MetaCene Apostle NFT (MAN) collection. MAN represents a highly
On Monday, two adversaries exploited a flaw in the Azuki DAO governance token contract and stole 35 ETH. Because the contract’s signature claimed variable wasn’t adequately validated, replay attacks were possible. The contract is now paused, according to MetaSleuth, a blockchain intelligence business. On the other hand, Members of the
