NFT Financial News

18.08 / 18:51

NFT CEO Platform Opensea social OpenSea NFT Marketplace Implements Changes to Creator Fees and Royalty Rules – Here's What You Need to Know

The major non-fungible token (NFT) marketplace OpenSea has implemented changes that makes creator fees optional for new collections.

18.08 / 04:21

business NFT fees Artists Marketplace Opensea NFT marketplace OpenSea to disable royalty enforcement tool

Non-fungible token (NFT) marketplace OpenSea is sunsetting its on-chain royalty enforcement tool — Operator Filter — which allows creators to blacklist NFT marketplaces that don't enforce royalties.

17.08 / 20:43

Blockchain Ethereum NFT ICO Tragedy or rug-pull? Inside the collapse of a ‘charitable’ NFT project

Launched in November 2021, non-fungible token (NFT) marketplace Orica (ORI) held itself as an "ethical platform" benefitting artists, collectors, and charities alike. At the time, the organization was involved in prominent projects such as building a school in Uganda to aiding victims of human trafficking, to helping Ukraine.

17.08 / 18:53

NFT scam National play Philippine National Police Warns Citizens On Axie Infinity’s Play-to-Earn Model, Cites Security Concerns

The Philippine police has raised alarms on blockchain gaming saying it may be riskier than investing in cryptocurrencies if capitalized by bad actors.

17.08 / 11:01

Law Art NFT Auction Sotheby’s and Yuga Labs respond to lawsuit from Bored Ape investors

Fine arts auction house Sotheby’s has recently been named in the class-action lawsuit filed by Bored Ape Yacht Club (BAYC) investors against BAYC creators Yuga Labs. The investors allege that the auction house helped Yuga Labs “deceptively promote” the nonfungible token (NFT) collection.

17.08 / 10:57

Art NFT McDonald's Polygon Non-fungible tokens Option McDonald's Offers Exclusive Grimace NFTs: Collectible, But No Trading Option

McDonald's Singapore has teamed up with crypto infrastructure startup Bandwagon Labs and local non-fungible token (NFT) artist 'The Hidden Walls' to launch Grimace digital collectibles - soulbound tokens and keepsakes that can be minted for free, but not traded or transferred.

16.08 / 19:45

NFT Football approved Star Trek NFT trademarks approved, y00ts coming to Ethereum: Nifty Newsletter

In this week’s newsletter, read about CBS Studios’ receiving approval for Star Trek NFT trademarks, check out how FC Barcelona acquired investment for its nonfungible token (NFT) initiative, and find out why NFT project y00ts is bridging to another network just months after its previous transfer. In other news, Canadian authorities are trying to create a repository for seized crypto and NFT assets, and don’t forget this week’s Nifty News, featuring Coca-Cola releasing an NFT collection on Coinbase layer 2, Base.

16.08 / 00:41

business Ethereum NFT wallet us government white house Donald Trump’s Ethereum wallet holds $2.8M, new statement shows

A new financial statement has revealed former United States President Donald Trump owns over $2.8 million in an Ethereum wallet.

15.08 / 14:29

Ethereum NFT Gaming Non-fungible tokens FarmVille Creator Zynga Introduces Ethereum NFT Game 'Sugartown'

Zynga, the creator of the popular FarmVille game, has revealed that Sugartown, its first Ethereum-based non-fungible token (NFT) game, is "coming soon".

15.08 / 10:37

Blockchain NFT Web3 Fraud How AI-powered technologies protect brands from IP fraud in Web3

Brands and creators exploring Web3 are wary of IP fraud and wash trading risks, but AI-powered technologies can detect such problems and make this emerging ecosystem safer for all participants.

14.08 / 23:51

Blockchain Ethereum Adoption NFT GameFi Blockchain Game Testnet Immutable zkEVM Immutable zkEVM begins testnet phase with 12 Web3 games in development

Web3 gaming platform Immutable has commenced public testing of its Immutable zkEVM in collaboration with Polygon Labs.

14.08 / 18:53

Blockchain Ethereum Adoption NFT defi Bitcoin Frontier fund launches Bitcoin Frontier Fund launches accelerator program for Ordinals startups

The Bitcoin Frontier Fund, formerly Stacks Ventures, launched what it’s calling the first Bitcoin Ordinals accelerator program on Aug. 14.

14.08 / 10:17

NFT Polygon Non-fungible tokens Reddit 20 Million Reddit Collectible Avatars Minted on 0xPolygon Platform – NFTs Making a Comeback?

Reddit non-fungible tokens (NFTs) minted on layer-2 network Polygon have surpassed 20 million in the face of general quiet on the NFT front.

14.08 / 05:43

NFT coinbase Reddit BaSe Nifty News: Coca-Cola gest Based, Reddit avatars reach 20M milestone and more

The world’s largest soft drinks brand is delving deeper into the realm of non-fungible tokens, launching its first collection on the Coinbase layer-2 network Base.

13.08 / 17:15

NFT NFTS Metaverse The MET Embraces the Metaverse with Roblox to Engage Young Visitors

The Metropolitan Museum of Art (The Met) in New York has partnered with the popular gaming platform, Roblox, in order to offer a virtual experience for its younger audience.

12.08 / 07:45

Blockchain NFT defi Hackers hacks Yield Curve DeFi tries to recover from Curve hack, but exploits continue: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

11.08 / 15:41

business Blockchain NFT Sport FC Barcelona secures $132M investment for blockchain and NFT venture

Spanish soccer club FC Barcelona has secured a 120 million euro ($132 million) investment from Libero Football Finance AG and Nipa Capital B.V. for its Web3 initiative, Barça Vision.

11.08 / 09:29

Adoption NFT regulation wallet Police Canada to develop repository for storing crypto and NFT seizures

The Royal Canadian Mounted Police (RCMP) is seeking a digital asset solution to facilitate the seizure and storage of cryptocurrency and nonfungible tokens (NFTs). According to an announcement, a tender was opened for applications on Aug. 10 for a solution to store seized digital assets:

11.08 / 09:29

Adoption NFT defi Report Research Bitcoin ETF momentum runs out as crypto market enters summer slump: Report

After June gave Bitcoin (BTC) a boost with BlackRock’s application for spot Bitcoin exchange-traded fund (ETF), July sent its price into a summer slump. Only some altcoins managed to perform well in response to Ripple Labs’ partial victory against the United States Securities and Exchange Commission. XRP (XRP), the most obvious beneficiary, posted a monthly close of +49%.

10.08 / 10:17

NFT NFTS elon Artist and Elon Musk Ex-Partner Grimes Made More Money From NFT Sales Than Music

Claire Elise Boucher, known professionally as Grimes, has raked in around $6 million from her NFT collection.

10.08 / 10:05

Blockchain Adoption NFT Web3 Gaming Metaverse data How are Data NFTs helping build a decentralized data economy?

The data brokerage industry, which thrives on the buying and selling of user data, has grown into a multi-billion-dollar market that’s projected to reach over $462 billion by 2031. Data brokers act as intermediaries, selling personal information they collected from various sources to third parties. But the lack of transparency in the industry leaves users in the dark about what data is being collected, how it is used and who profits from it.

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