NFT Financial News

13.01 / 13:07

NFT NFTS Trump You Can Now Buy These NFTs for Less Than $25 to Get A Zoom Call With Donald Trump

The "limited" edition NFT tickets that offer a group Zoom call with former US President Donald Trump have traded for less than $25 over the past few days.

12.01 / 14:45

NFT Gaming Sky Mavis NFT gaming trends in 2023: Industry execs expect more big players to jump in

Despite the bullying that gamers inflict on traditional gaming companies dipping their toes into nonfungible tokens (NFTs), executives working within the NFT gaming industry are hopeful that more traditional gaming firms will jump into the space this year.

11.01 / 23:49

event NFT hacks Touch and smell comes to the metaverse, Nifty Newsletter, Jan 4–10

In this week’s newsletter, read about how the metaverse may integrate touch and smell. Check out how the nonfungible token (NFT) project Moonbirds plans to become a global brand and how NFT marketplace Magic Eden will refund users affected by a recent exploit. In other news, find out how NFT image hosting issues can be resolved, according to executives within the NFT space. And don’t forget this week’s Nifty News featuring a warning to gamers about a fake Pokemon NFT game spreading malware.

11.01 / 12:37

NFT Trading data index NFT index grades the trading performance of collectors’ wallets

As trading becomes increasingly difficult during the bear market, a nonfungible token (NFT) platform aims to lighten the load on traders and help them get a closer look at the strategies of successful collectors.

10.01 / 20:09

NFT scam Threat Logan Paul Drops Threat of Lawsuit Against Coffeezilla But Will Alleged Victims Get Money Back?

Popular influencer and professional wrestler Logan Paul has dropped his threat of a lawsuit of YouTube journalist Coffeezilla after being accused of running a crypto investment scam.

09.01 / 12:07

Blockchain NFT virtual reality Metaverse Touch, smell become the next big thing for the metaverse at CES 2023

The sense of smell has been added to the virtual reality (VR) experience as showcased by metaverse-focused companies at the Consumer Electronics Show (CES) 2023.

07.01 / 08:09

business Hollywood NFT partnership Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA

The NFT-focused company was founded by early-stage Facebook and Twitter investor Kevin Rose, and designer Justin Mezzell in February 2022. The company also has the Proof Collective and Oddities NFT collections in its catalog.

07.01 / 01:41

NFT solana Polygon NFT project accepted $3M to move its collection to Polygon

The team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to a January 6 announcement from the company. The statement was made on Discord and copied to Twitter by Frank III, founder of the two projects.

06.01 / 15:49

NFT Web3 community Web 2.0 Industry seeks solutions for NFT image-hosting disasters

The image-hosting aspect of nonfungible tokens (NFTs) needs major improvements. First, people saw NFTs on FTX breaking after it declared bankruptcy. More recently, NFTs on the marketplace Magic Eden showed some questionable images instead of their actual thumbnails.

05.01 / 13:51

NFT security scam Fraud NFT Marketplace Magic Eden Pledges to Refund Users Who Were Sold Fake NFTs in ‘Massive Exploit’

Non-fungible token (NFT) marketplace Magic Eden said that it would refund all users affected by the exploit that involved the sale of fake NFTs - passing them off as 'members' of verified collections.

05.01 / 07:19

NFT Sport Crypto Collectibles stake Fanatic sells 60% stake in Candy Digital amid 'imploding NFT market'

Sports merchandise firm Fanatics is divesting its stake in nonfungible token (NFT) company Candy Digital as confidence in the asset class wanes.

05.01 / 06:17

NFT Scams Fraud Marketplace Exploit Magic Eden to refund users after 25 fake NFTs sold due to exploit

Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit.

05.01 / 01:15

NFT Cybersecurity DApp Dapps Influencer NFT influencer falls victim to cyberattack, loses $300K+ CryptoPunks

Nonfungible token (NFT) influencer CryptoNovo announced on Jan. 4 that he fell victim to a cyberattack and lost two CryptoPunks. He wrote on Twitter, “I just got hacked!!! Are you kidding me!?!” and included a screenshot from OpenSea showing two CryptoPunks being transferred to another address.

04.01 / 23:25

NFT Gaming Marketplace Magic Eden hosting service compromised: Nifty Newsletter, Dec 28–Jan 3

In this week’s newsletter, read about how nonfungible tokens (NFTs) in the Magic Eden marketplace showed “unsavory images.” Read about Final Fantasy developer Square Enix’s aggressive investments in blockchain gaming and how play-to-earn (P2E) will transition from the growth phase to maturation. In other news, check out metaverse developments throughout 2022. And don’t forget this week’s Nifty News featuring Solana NFTs’ surge in trading volume.

04.01 / 07:59

NFT hacks ‘WTH did I just witness?' Magic Eden turns porno after hosting service hacked

Nonfungible token (NFT) marketplace Magic Eden had to assure users their NFTs “are safe” after a spate of pornographic images littered its platform on Jan. 3.

03.01 / 13:53

Adoption NFT Major Game Publisher Square Enix Continues to Invest in Blockchain Games Despite Bear Market

Prominent Japanese video game developer and publisher Square Enix has revealed that it will continue to invest in blockchain games despite the recent turbulence in the crypto market.

03.01 / 03:49

Adoption NFT Mobile Games Blockchain Game Final Fantasy creator reveals ‘aggressive investment’ in blockchain games

Final Fantasy creator Square Enix is set to double down on blockchain game development despite turbulence in the crypto market, according to a Jan. 1 letter from the Japanese company's president, Yosuke Matsuda.

02.01 / 16:47

Ethereum NFT Ethereum Price Crypto exchange adoption boosts ENS registrations over 2.2M

2022 proved to be a fruitful year for Ethereum Name Service, with the platform recording 2.2 million registered domains despite unfavorable market conditions for the cryptocurrency space.

30.12 / 17:27

Blockchain NFT play-to-earn Blockchain Game Crypto Unicorns founder: P2E gaming is in a long ‘maturation phase’

As the hype surrounding play-to-earn (P2E) games and platforms began to dwindle in early 2022, Web3 participants began to emphasize the need for games to be more “fun” and less finance-oriented.

30.12 / 13:41

Blockchain NFT Platform Chinese Gov’t to Unveil Its Version of an ‘NFT’ Marketplace

The Chinese government has announced plans to launch its own version of a state-backed “non-fungible token (NFT)” marketplace. But Beijing won’t be using blockchain to power its platform. And it wants to do away with crypto as the marketplace’s currency – in favor of fiat.

29.12 / 19:45

Adoption NFT Metaverse An overview of the metaverse in 2022

Recognized as one of the most turbulent years for the cryptocurrency and blockchain industry, 2022 has still been vigorous for the metaverse. With over $120 billion invested in the first half of the year alone — according to a McKinsey report — the industry is anything but broken.

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