Fri, November 29

OpenSea Unveils Auto-Detect and Blocking of Stolen NFTs Feature

OpenSea monitors for suspicious contract functionalities and behaviors. This tool will automatically check any user-entered links on the marketplace. Because of the immutability of blockchain transactions, theft has become a serious problem in the NFT industry. With attacks stealing millions of dollars’ worth of assets from unwary collectors. Moreover, the

November 2, 2022 2 mins read

Elrow Dubai Collaborates With NFT Ticketing Platform SeatlabNFT

Elrow’s participatory and immersive carnival and circus-themed events are well-known. A-listers can get Proof of Attendance NFTs from Elrow Dubai. Ticketing using NFT is growing in popularity and may significantly alter the industry. A statement from Binance made a few months ago said that NFT tickets will do away with

October 30, 2022 1 min read

NFT Marketplace LooksRare Makes Creator Royalties Optional

Solana NFT marketplace Magic Eden took a similar tack earlier this month. LooksRare also said that it will allocate 25% of its protocol fee to authors. With today’s announcement, Ethereum NFT marketplace LooksRare has joined the growing trend of NFT marketplaces abandoning enforcement of creator royalties by no longer requiring

October 28, 2022 1 min read

Twitter Starts Its Tweet Tiles Experiment Into NFT Marketplaces

The Tweet Tiles trial is now active for the five NFT marketplaces. The marketplaces such as OpenSea and GuardianLink’s Jump.trade have been picked for the pilot. Twitter is extending the realm of NFTs into its Tweet Tiles trial, which was previously conducted with The New York Times, The Wall Street

October 27, 2022 1 min read

myNFT Will Exhibit the First-ever NFT Vending Machine in Europe at NFT.London

The NFT.London conference, which runs from November 2–4, will include the first-ever real NFT vending machine in Europe, according to myNFT, the low-cost, multichain NFT marketplace that’s making non-fungible tokens accessible to everyone. Their actual NFT vending machine makes it easy for anybody to buy an NFT in a matter

October 27, 2022 4 mins read

Popular Hacker Monkey Drainer Steals $1M Worth Crypto and NFTs

It was a phishing effort targeting unsuspecting customers. The bulk of the stolen funds are still sitting in Monkey Drainer’s wallet balance. The renowned fraudster “Monkey Drainer” has stolen about 700 ETH, or around $1M, in the previous 24 hours. Wallets with the last digits 0x02a and 0x626 were two

October 27, 2022 1 min read

NFT Custody Services Now Offered by Swiss Seba Bank

The new NFT custody platform from Seba allows its users to safely store their NFTs. Customers may manage their NFTs just like any other digital asset. Even though the market for non-fungible tokens (NFTs) has been falling. The Swiss cryptocurrency-focused bank Seba has decided to start accepting NFTs as client

October 26, 2022 2 mins read

New Apple Regulations Strengthen on 30% NFT Tax and Geo-Limits Exchange

Apps will be prohibited from including buttons, external links, or other calls to action. The company has come under fire for applying its 30% commission on NFT sales made through NFT marketplace. Apple has established explicit regulations for nonfungible tokens (NFTs) in its App Store policies regarding NFTs and cryptocurrency

October 25, 2022 2 mins read

Court Rejects Former OpenSea Employee’s Plea To Dismiss Allegations

The government claims Chastain unlawfully benefited from the sale of NFTs. OpenSea decided to end its partnership with Chastain after learning about the probe. A former employee of NFT marketplace OpenSea was unable to persuade the court. To dismiss the allegations against him, allowing his trial to go forward. Wire

October 24, 2022 2 mins read