NFT Financial News

08.03 / 23:35

Binance NFT Auction Yuga Labs Bitcoin Bitcoin NFT auction nets $16.5M in 24 hours: Nifty Newsletter, March 1–7

In this week’s newsletter, read about how Yuga Labs’ first Bitcoin-based nonfungible tokens (NFTs) earned $16.5 million in 24 hours, and how the Bitcoin NFT market can reach $4.5 billion by 2025. Check out how Binance’s artificial intelligence NFT generator got 10,000 mints 2.5 hours after its launch, and find out how the Flare blockchain got its own NFT marketplace. And don’t forget this week’s Nifty News, featuring Square Enix’s NFT-friendly CEO stepping down.

08.03 / 15:51

Art NFT Web3 Artists Metaverse The metaverse is getting a greenhouse and a garden full of NFT flowers

The world of Web3 has offered users the opportunity to recreate their digital identity, along with offering new avenues of creative expression and individuality. This is more so the case as nonfungible tokens (NFTs) become more dynamic and personalizable.

08.03 / 15:11

Binance NFT Polygon Marketplace network Polygon Network Support Binance NFT adds Polygon network support to its marketplace

Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace.

08.03 / 14:07

NFT rights International International Women's Day: Sotheby's Auction House and UnicornDAO to Hold Art Auction Benefitting Women's Rights

As part of today's celebrations of the International Women’s Day across the world, auction house Sotheby’s is hosting a benefit auction, titled 'My Body, My Business', which features a wide range of feminist artwork, including non-fungible tokens (NFTs), by both renowned and up-and-coming female artists.

07.03 / 04:39

Ethereum BTC NFT NIFTY Auction Bitcoin Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours

The auction for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token (NFT) collection has ended, netting the firm $16.5 million in just 24 hours.

06.03 / 19:13

NFT NFTS Non-fungible tokens Tax Tax Authority tax evasion Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion

Israel Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021.

06.03 / 10:43

Twitter NFT Tokens Crypto Collectibles community Bitcoin Community Bitcoin ‘Scammers dream’ — Yuga’s auction model for Bitcoin NFTs sees criticism

Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Bitcoin Ordinals, over how it plans to auction its new Bitcoin NFT collection.

05.03 / 11:11

business Art Binance NFT hackathon Binance USD BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea

Crypto exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching Bicasso — an AI-based nonfungible token (NFT) creation tool. Binance allegedly ripped off a tool created by Chatcasso just two months after awarding them first prize in a BNB Chain hackathon held in Seoul between Dec. 17 to 19, 2022.

04.03 / 10:17

NFT Television Gaming Crypto Collectibles Blockchain Game Nifty News: Dan Harmon’s NFT show set for season 3, NFT-friendly Square Enix CEO steps down and more…

Krapopolis, the NFT-affiliated cartoon series from Rick and Morty co-creator Dan Harmon has been renewed for a third season by Fox, despite season one not even airing yet.

04.03 / 06:49

NFT Report Crypto Collectibles Bitcoin Galaxy tips Bitcoin NFT market to hit $4.5B by 2025

In a “base case” scenario, Galaxy Digital's research unit has tipped the burgeoning Bitcoin nonfungible token (NFT) market to hit a $4.5 billion market cap by March 2025.

03.03 / 03:17

NFT non-fungible token Opensea Blur How a Price Battle Between Two Heavyweight NFT Exchanges is Pumping Prices

Despite the prices of most major cryptocurrencies stagnating over the course of the last 30-days, with the likes of Bitcoin and Ethereum only up a respective 1.7 and 4.0% and BNB and XRP down 3.9% and 7.0% each according to CoinMarketCap, the prices of non-fungible tokens (NFT) have been pumping. According to NFT Price Floor, the price floor to get your hands on an NFT from the Bored Ape Yacht Club (BAYC) collection has jumped 17.5% over the course of the last 30-days to $117,750.

02.03 / 18:13

Blockchain NFT Web3 Sustainability Flare gets NFT platform to increase use cases for interoperability protocols

Flare, the layer-1 Ethereum Virtual Machine (EVM) blockchain, went live on Jan. 10 after it launched two core protocols for decentralized interoperability applications. The blockchain network allows developers to create applications that are interoperable between various blockchain ecosystems and internet platforms.

02.03 / 15:33

Adoption NFT Web3 Non-fungible tokens Investment Future New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?

The typically complicated process of onboarding new users to Web3 may have just become a bit easier: US-based startup ReDeem claims to have simplified this process by allowing users to interact with non-fungible tokens (NFTs) via their phone numbers.

02.03 / 08:03

Art Binance NFT Binance's AI-powered NFT generator hits 10K mints in 2.5 hours

Binance’s newly launched artificial intelligence-powered nonfungible token (NFT) generator has been churning out digital art at full capacity, reaching a cap of 10,000 NFT mints in just 2.5 hours after launch.

02.03 / 05:15

Blockchain Adoption NFT wallet Web3 Gaming Features HyperPlay game aggregator alpha launched, features in-built Web3 wallet

HyperPlay, a Web3-native game launcher with a built-in crypto wallet, has announced its early access launch.

01.03 / 23:53

NFT Metaverse Survey Whale sells 1,010 NFTs in 48 hours: Nifty Newsletter, Feb. 22–28

In this week’s newsletter, read about how a whale sold 1,010 nonfungible tokens (NFTs) within 48 hours. The Blur NFT marketplace captured the space’s attention, and the manuscript that coined the term “metaverse” is being auctioned by Sotheby’s. In other news, find out users’ motivations behind their NFT purchases, and don’t forget this week’s Nifty News, featuring a Twitch streamer earning 1,000 ETH in exchange for the Golden Key NFT.

01.03 / 22:07

Blockchain Adoption NFT Web3 Decentralization Flip the script:: This digital collection is making a real-world impact

The entertainment industry rarely sees a dull moment when it comes to disputes over the ownership of intellectual property or creative rifts between big networks and showrunners. A tiny number of studios and networks own the majority of rights, leading to the mass production of films and TV shows that somehow feel the same. Web3 aims to change that by giving the power back to content creators and fans.

01.03 / 19:11

NFT marketing How to Crypto How to create an NFT treasure hunt

A conventional treasure hunt is a game where players use hints or a map to find hidden objects, which are typically tangible items, such as coins, toys or other rewards. The game typically takes place outdoors and calls for both physical effort and problem-solving abilities.

01.03 / 00:47

markets NFT Altcoin Altcoin Watch Here’s why STX, CFX, SSV, AGIX and GRT are the top performing assets in February

The month of February was filled with investors’ hope that an earlier-than-expected Federal Reserve policy pivot would occur, but this sentiment faded as the inflation and employment data came in hotter than expected. While the start of the month was bullish for the crypto market, Bitcoin (BTC) retraced 60% of the move from February’s low at around $21,500 to the peak of $25,250.

28.02 / 14:51

UPS NFT CEO Platform Three Arrows Capital NFTs are About to be Sold Off by the Liquidator

Some of the non-fungible tokens (NFTs) once held by bankrupt Singaporean crypto hedge fund Three Arrows Capital (3AC) will be put up for sale as part of efforts to retrieve funds for its creditors, according to the failed company’s liquidators.

28.02 / 11:57

NFT DAO GameFi Blockchain Game Illuvium Illuvium DAO blocks NFT pack-opening event involving 3AC founder Su Zhu

The community supporting Illuvium, an interoperable blockchain game, has demonstrated the power of decentralized autonomous organizations (DAOs) after blocking a scheduled nonfungible token (NFT) pack-opening event between Illuvium CEO Kieran Warwick and Three Arrows Capital (3AC) founder Su Zhu.

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