NFT Financial News

11.04 / 17:49

markets Ethereum NFT Hackers Altcoin Watch Sky Mavis Blockchain Game 500 Ronin (RON) bags a 500% gain as the gaming-focused project approaches a major upgrade

Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity.

11.04 / 07:25

business Art NFT Tokens Artists data Survey Utility Utility and long-term profits top reasons for NFT purchases: CoinGecko study

Utility and long-term profits have been ranked as the top reasons for buying non-fungible tokens (NFTs), according to a survey conducted by CoinGecko and Blockchain Research Lab.

11.04 / 02:45

Blockchain Adoption NFT Software community Upgrade Bitcoin BUG Bitcoin Ordinals community debates fix after inscription validation bug

A few solutions are being discussed to fix a code bug found in the Bitcoin (BTC)-native Ordinals protocol which has prevented over 1,200 inscriptions from being validated.

10.04 / 17:55

event NFT Conference virtual reality Metaverse Fashion Event Recap week An eclectic display at the 2nd Metaverse Fashion Week

Inspired by success in 2022 and an impressive list of designers who attended that year’s Metaverse Fashion Week, Decentraland held another event this year from March 28–31. The week’s theme, “Future Heritage,” aimed to connect the next generation of creators with traditional fashion designers.

07.04 / 20:49

Blockchain Binance NFT defi Decentralization MEV Ethereum projects launch MEV Blocker to protect users from high prices: Finance Redefined

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

07.04 / 20:17

Ethereum NFT Marketplace decentralized marketplace NFT marketplace LooksRare launches V2, reducing fees from 2% to 0.5%

Nonfungible token (NFT) marketplace LooksRare has upgraded to version 2, reducing fees by 75% and implementing several other features, according to an April 6 announcement from the company.

07.04 / 09:47

UPS Provident NFT Nikkei Japanese Government Mulls Promoting NFTs in Sport

The Japanese government may push to adopt non-fungible tokens (NFTs) in the sports industry.

07.04 / 09:17

business NFT Web3 Charity Decentralization gala David Bowie unreleased record debuts as music NFT

A previously unreleased version of David Bowie’s "Let's Dance" surfaced as a limited edition collection of nonfungible tokens (NFTs).

07.04 / 07:43

Adoption CoinGecko NFT Report Crypto Collectibles CryptoKitties 25% of NFT owners have a collection of 51 or more – CoinGecko Report

Crypto data website CoinGecko has released survey findings indicating that the majority of nonfungible token (NFT) holders own 51 or more NFTs, while those who only hold a single NFT comprised the smallest group among the respondents.

06.04 / 19:39

Ethereum NFT defi Ethereum 2.0 Decentralized Finance What will be the outcome of the Ethereum Shanghai upgrade?

In this week’s episode of Market Talks, Cointelegraph welcomes Justin Bram, co-founder and CEO of Astaria — which allows users to put up their nonfungible tokens (NFTs) as collateral to earn instant liquidity. Bram also has his own YouTube channel with over 30,000 subscribers.

06.04 / 13:07

Provident NFT Amazon Platform Starbucks Spate of “Free NFTs” Scams Blights South Korea

South Koreans are under attack from non-fungible token (NFT) scammers who pose as bona fide project operators to drain crypto from their victims.

06.04 / 10:55

Blockchain Ethereum NFT wallet Web3 Non-fungible tokens Proof-of-stake Ethereum Pioneer Unveils New Blockchain for Creatives and Artists – How Does it Work?

Fabian Vogelsteller said that the goal for his LUKSO project is to become an ecosystem for creatives by "building a whole toolset and ecosystem and marketplace around NFTs using universal profile on the base."

06.04 / 09:15

NFT Polygon Reddit Reddit deploys Gen 3 NFT avatar contracts on Polygon

Online discussion platform Reddit has deployed the third generation of its blockchain-based digital collectibles dubbed “Reddit Avatars” on the Polygon blockchain, resulting in community members and collectors expressing their thoughts on the much-anticipated drop.

06.04 / 03:09

NFT Trading Reddit Marketplace Opensea Bot OpenSea collector fat fingers a 100 ETH bid for a free NFT

A nonfungible token (NFT) trader has seemingly fat-fingered a bid for a free NFT, buying it for 100 Ether (ETH), currently valued at $191,239, instead of nothing.

05.04 / 19:09

NFT Gaming Sky Mavis Activision Former Activision Blizzard exec joins Yuga Labs as CEO: Nifty Newsletter, March 29–April 4

In this week’s newsletter, learn how artificial intelligence (AI) can make the metaverse safer, according to The Sandbox’s co-founder. Check out how Axie Infinity creator Sky Mavis is building a blockchain gaming ecosystem, and read about nonfungible token (NFT) firm Yuga Labs onboarding a new CEO. In other news, find out how OKX uses the metaverse to engage with football fans, and don’t forget this week’s Nifty News, featuring luxury brand Gucci creating a pendant for the Otherside metaverse.

05.04 / 16:37

NFT Web3 Sustainability Environment Artists NFTs unlock physical biodegradable vinyl records

Hype around nonfungible tokens (NFTs) has cooled down, however innovative use cases for these digital assets continue to appear on the scene. Particularly in the music industry, which has been fertile soil for use cases of emerging Web3 tools in recent years.

05.04 / 11:17

NFT Marketplace Opensea OpenSea advanced NFT marketplace sparks mixed community reactions

In another attempt to win back its users from its budding nonfungible token (NFT) marketplace competitor Blur, OpenSea rebranded Gem v2 into OpenSea Pro, triggering mixed responses from the community.

05.04 / 11:17

Adoption NFT Web3 virtual reality Metaverse Fashion augmented reality Augmented reality helps brands tell their story: MVFW 2023

The second annual Metaverse Fashion Week (MVFW) hit the virtual runway this year from March 28–31 via a collaboration between Spatial — a 3D social network platform — and Over, a blockchain-based augmented reality (AR) platform.

04.04 / 23:37

Binance NFT Web3 Metaverse Play To Earn Shiba Inu Best Crypto to Buy Now 4 April – SXP, SHIB, MASK

The specter of a recession looms large as recent job openings and factory orders data fall short of expectations, casting a shadow over financial markets and opening up the possibility for a pause on further interest rate increases by the Fed.

04.04 / 21:41

business Technology Digital NFT Web3 Digital Asset Opensea OpenSea launches advanced NFT marketplace aggregator

NFT marketplace OpenSea has unveiled OpenSea Pro, its new non-fungible token (NFT) marketplace aggregator aimed at serving the needs of professional users. OpenSea's acquisition of NFT aggregator Gem in April 2022 enabled it to develop and refine Gem's platform to create the new OpenSea Pro.

04.04 / 13:03

Adoption NFT Social Media Web3 Decentralization Video platform enters Web3, brings a decade of experience

The controversial topic of how social media platforms distribute ad revenue generated from user content came into the spotlight when Twitter’s new owner, Elon Musk, announced revenue-sharing plans with creators. In a tweet, Musk specified that the micro-blogging platform plans to share ad revenue with creators “for ads that appear in their reply threads.” However, no further updates followed the initial announcement, adding to the centralized social media giant’s infamy for being stingy when it comes to revenue sharing with people who create content on its platform.

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