NFT Financial News
26.01 / 13:29
business
Law
NFT
NFT collector sues OpenSea for locking account after being scammed
A nonfungible token (NFT) collector is taking legal action against the OpenSea NFT marketplace for several allegations, including being locked out of his account for more than three months after being a victim of a phishing scam.
26.01 / 05:39
Blockchain
NFT
Hackers
hacks
Scams
Marketplace
phishing
Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move
Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen.
25.01 / 23:03
Law
Binance
NFT
Web3
Report
Binance tightens NFT rules: Nifty Newsletter, Jan. 18–24
In this week’s newsletter, read about how nonfungible token (NFT) sales reached 101 million in 2022. Learn how NFTs can be used to summon defendants who cannot be reached using traditional methods, and see how toys play a role in the NFT and Web3 ecosystem. Check out how Binance is tightening its rules on NFT listings, and don’t forget this week’s Nifty News, featuring the resurgence of former U.S. President Donald Trump’s NFTs.
25.01 / 20:35
Adoption
NFT
Cointelegraph NFT
Billy
Exclusive NFT presale to treat all the hard workers, feat. Snoop Dogg and Billy Ray Cyrus
Blue-collar workers are the gears that make the world go round. They turn in a hard day’s work day after day, so there is little question that these professions hold a valuable place in society. Unfortunately, despite their contributions, these hard workers often go unnoticed.
25.01 / 19:19
business
Blockchain
NFT
Gemini
Nifty Gateway co-founders resign amid Gemini woes
In a Twitter thread posted on Jan. 25, Duncan Cock Foster and Griffin Cock Foster, co-founders of nonfungible token (NFT) auction platform Nifty Gateway, announced their resignations effective immediately. In supporting the decision, Duncan said they were leaving because “Griffin and I are founders at heart, and we want to start another company.”
25.01 / 17:23
ETH
Twitter
Cooper
NFT
Porsche
Porsche's NFT Collection Launch Ends in Disappointment – What Went Wrong?
Despite its ambitious plans to venture into the non-fungible token (NFT) market, German luxury car brand Porsche has managed to sell only about 25% of its first collection of 7,500 tokens. In just over 24 hours, some 1,909 of the NFTs had sold for ETH 0.911 per unit, or about $1,414 as of 2 p.m. UTC today.
25.01 / 09:33
Blockchain
Ethereum
NFT
solana
Polygon
Gaming
Marketplace
Low
Nifty News: Porsche ends 'low effort' NFT mint early, Oreo dunks into the Metaverse and more
Car manufacturer Porsche had to cut short a nonfungible token (NFT) mint of its famous white 911 model only two days after the public mint started, saying its “holders have spoken.”
25.01 / 01:37
markets
NFT
defi
solana
Polygon
DApp
Solana (SOL) price rally could fizzle out due to weak fundamentals
Solana’s (SOL) recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have anticipated the bullish move ahead of others.
24.01 / 21:15
markets
NFT
Apple
virtual reality
Metaverse
end
3 reasons why the MANA and SAND metaverse token rally could end soon
The metaverse hype that began in 2021 dissolved almost entirely by the end of 2022 as the top projects in the space, Decentraland, and The Sandbox, lost 95% of their market capitalization. The most prominent reason for the fall was lack of usage growth.
23.01 / 14:09
Adoption
NFT
defi
Microsoft
Web3
Metaverse
data
69% users bet metaverse entertainment will reshape social lifestyle: Data
Last year the crypto and Web3 saw a dichotomy between extremely turbulent markets, yet high prospects for the future of the space. Both users and investors alike have continued to pile into the industry, especially in areas concerned with the metaverse.
21.01 / 14:57
Blockchain
NFT
Web3
Gaming
Utility
This animal racing game opens new utility for NFT collectors
Bridging the gap between the NFT and blockchain gaming spaces has been a persistent challenge for crypto enthusiasts and developers alike. Major NFT collections try to integrate utility and bring benefits to their holders. However, building a full-fledged game often lies outside of the budget capabilities for such projects.
20.01 / 18:55
Blockchain
Ethereum
Adoption
NFT
defi
Blockchain Game
NFT Steez
Future
NFT Steez and Cryptoys CEO discuss the future of toys and entertainment within Web3
This week NFT Steez met with Cryptoys founder Will Weinraub to discuss the current role of play and toys in regard to their integration with nonfungible tokens (NFTs) and Web3 as a whole.
20.01 / 12:13
20.01 / 09:45
Blockchain
NFT
virtual reality
Metaverse
Marketplace
avalanche
Trump
Nifty News: Trump NFTs surge 800%, Yuga Labs blacklists NFT exchanges, and more
Former United States President Donald Trump’s nonfungible token (NFT) trading card collection has witnessed a massive resurgence in daily sales volume in recent days.
19.01 / 21:51
Blockchain
NFT
Web3
How one Web3 company is creating the ultimate crypto ecosystem
As the Web3 space continues to grow and evolve, there are now several defined aspects that users tend to affiliate it with. Whether one likes to use crypto for payments or is interested in hunting down the latest NFT collectible, the crypto space is rapidly diversifying what it can offer users. Regardless of the sub-sector, Web3 continues to onboard new users.
18.01 / 23:49
NFT
Google
NIFTY
Sky Mavis
recovery
Logan Paul unveils CryptoZoo recovery plan: Nifty Newsletter, Jan 11–17
In this week’s newsletter, read about how independent creators can use music-based nonfungible tokens (NFTs) to build a fanbase and monetize their work. Check out what industry professionals are saying about NFT gaming trends in 2023 and how an NFT influencer lost his assets by clicking an advertisement on Google. In other news, find out how social media influencer Logan Paul plans a recovery for his controversial NFT project, CryptoZoo. And don’t forget this week’s Nifty News featuring Shiba Inu’s NFT project, Shiboshis.
18.01 / 21:03
business
NFT
Marketplace
Rarible adds marketplace builder for Polygon-based NFT collections
Nonfungible token (NFT) marketplace Rarible has announced the launch of a marketplace builder that lets artists and projects customize a marketplace for their NFT collections based on Polygon.
17.01 / 17:25
NFT
Tax
Agency
Tax Agency
Japanese Tax Agency Wants to Tax NFT Sales and Crypto Gaming Profits
The Japanese tax body has signaled an intention to tax non-fungible token (NFT) sales and the profits earned by crypto and blockchain gamers.
16.01 / 10:33
Art
NFT
Real Estate
phishing
Shiba Inu
Nifty News: Price drops on ‘Cryptohouse’ with NFT decor, mint your personality as an NFT and more
A crypto-friendly house in North Hollywood, Los Angeles, is seemingly struggling to sell, as the property has seen its price reduce three times in a little over four months.
14.01 / 05:15
business
NFT
YouTube
Blockchain Game
recovery
Logan Paul unveils $1.3M CryptoZoo recovery plan
YouTuber Logan Paul has unveiled a $1.5 million recovery plan for the people who invested in his beleaguered NFT project CryptoZoo.
13.01 / 15:25
markets
NFT
Funding
XGo’s 2022 Crypto Roundup: Four better or four worse
The beginning of 2022 saw both the crypto market cap and the non-fungible token (NFT) market reaching incredibly healthy status. Crypto reached a strong $2.5 trillion in value, and NFTs peaked after 2021’s exponential growth.
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