NFT Financial News

11.08 / 11:51

Blockchain NFT Cybersecurity Marketplace OpenSea introduces new stolen item policy to combat NFT theft

As asset theft remains one of the biggest headaches in the nonfungible token (NFT) space, NFT marketplace OpenSea is making an effort to tailor its policy to incorporate additional measures against stolen items.

11.08 / 04:49

NFT Metaverse Instagram Support Experts thumbs up Meta's move to support NFTs on Instagram

Meta, formerly known as Facebook, has taken another step ahead towards the creation of metaverse. The company recently announced rolling out NFT support for instagram. Despite widespread mainstream skepticism toward NFTs and crypto space, the world's largest social media company intends doubling down on the technology.

11.08 / 04:45

Blockchain Adoption NFT Developers Truly decentralized Web3 needs more developers: Animoca co-founder

Animoca Brands co-founder and chairman Yat Siu has urged for more developers to enter the Web3 space, warning that without “choice” there can be no “decentralized environment.”

10.08 / 22:19

Blockchain Ethereum NFT Sky Mavis CryptoPunk to be split into pieces: Nifty Newsletter, Aug 3–9

In this week’s newsletter, read about Ethereum co-founder Vitalik Buterin’s proposal for stealth nonfungible token (NFT) ownership. Check out how a CryptoPunk will be split into thousands of pieces to enable smaller investors to access it, and how the NFT play-to-earn game Axie Infinity plans to double down on South Korea despite regulatory hurdles. In other news, learn about how NFT storage works according to two NFT experts. Lastly, check out how a Redditor turned criticisms of the NFT space into NFTs.

09.08 / 17:55

Blockchain NFT defi Blockchain Game 1inch plugs into Klaytn as Asia continues to climb aboard

South Korea's most popular metaverse blockchain Klaytn is set to benefit from deeper liquidity and improved token swaps through a new partnership with decentralized finance (DeFi) protocol 1inch Network.

09.08 / 16:37

Blockchain Ethereum NFT Reddit Reddit Community Points Ready for the Ethereum Mainnet Move

09.08 / 09:31

Blockchain Adoption NFT Metaverse rights KBW 2022: Digital property rights key to thriving Web3 economy — Animoca’s Yat Siu

Yat Siu, co-founder of Hong Kong-based venture firm Animoca Brands has argued that on-chain digital property rights are the main aspects of blockchain technology that will drive a more decentralized society.

08.08 / 16:37

Blockchain Ethereum NFT Polkadot A slice of the punk: Cryptopunk NFT to be split into 56,000 pieces

Nonfungible tokens (NFTs) continue to capture the imagination of the cryptocurrency space, with some of the most popular projects attracting hundreds of millions of dollars from investors. Projects like Cryptopunks and the Bored Ape Yacht Club epitomize the exclusivity of the most lucrative collections, with each NFT far from accessible to the average investor.

08.08 / 07:05

Ethereum NFT defi Scalability Starkware 60 million NFTs could be minted in a single transaction: StarkWare founder

Zero-knowledge (ZK) rollup tech company StarkWare founder Eli Ben-Sasson says its new Recursive validity proofs could theoretically roll up as many as 60 million transactions into one on the Ethereum blockchain.

06.08 / 16:29

Art NFT Bitcoin Proof-of-work: The Bitcoin artists on minting NFTs and OpenSea

“Art is not a thing, it is a way,” said American writer Elbert Hubbard. For Bitcoin (BTC) artists, the way is inspired by Bitcoin, its code, its philosophy and its imagery. In some cases, it’s even inspired by memes. Bitcoin has become a “lifestyle,” for some Bitcoin artists, that inspires their way of doing business, accepting payments and interacting with customers.

05.08 / 23:51

NFT defi Hackers hacks fall Finance Redefined: Solana and Nomad bridge fall prey to exploits losing millions

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.

05.08 / 19:27

Blockchain NFT interview Nonfungible tokens don't live on the blockchain, experts say

As nonfungible tokens (NFTs) are advertised as blockchain-based technologies, there are misconceptions on how they are stored according to two experts. They argued that technically, these tokens do not exist in the blockchain but are actually stored elsewhere.

05.08 / 17:09

Kucoin NFT virtual reality Metaverse Major crypto exchange announces its arrival in the metaverse

One of crypto's best-known and largest exchanges has announced its arrival in the metaverse.

05.08 / 07:53

NFT defi Investments Funding Crypto fundraising already outpacing all of 2021: Report

Despite the ongoing market slump, the crypto sector has already raised $30.3 billion in funds, outpacing an entire year of fundraising in 2021, a new report shows.

04.08 / 22:11

NFT Non-fungible tokens Metaverse Sandbox Virtual Land Sales Take a Plunge Amid Broader Crypto Downturn

Virtual real estate is seeing a crash of its own as prices of land in various metaverses, as well as sales volumes, have plunged to the lowest levels in months - amid a broader crypto downturn that has seen around USD 2trn wiped from the crypto market capitalization.

04.08 / 11:53

Blockchain NFT defi data Nansen admits neglecting DeFi plans during the NFT craze

Despite the general downturn in the cryptocurrency markets throughout the year, Ethereum (ETH) blockchain analytics platform Nansen has continued to report impressive growth numbers.

03.08 / 16:33

Blockchain Ethereum NFT Marketplace Time Is it a good time to buy nonfungible tokens? Expert answers

As the floor prices of popular nonfungible token (NFT) collections took a nosedive along with the broader crypto market, an NFT expert believes that this is a good opportunity for investors within the space.

02.08 / 21:57

NFT data Research Crypto users Crypto users spent $2.7B minting NFTs in first half of 2022: Report

According to new market research published by blockchain data firm Nansen, crypto users spent 963,227 Ether (ETH), worth $2.7 billion, minting nonfungible tokens (NFTs) on the Ethereum blockchain in the first half of 2022. An overwhelming majority of minting took place on OpenSea.io.

02.08 / 17:19

Ethereum NFT wallet Investing Majority of NFT Collections Reinvest Ethereum Back Into System - Nansen

In the first half of 2022, market participants spent ETH 963,227, worth about USD 2.7bn, on non-fungible token (NFT) minting on the Ethereum blockchain, with 50.7% of the raised crypto staying with NFT projects, and the remainder circulated to non-entity wallets, according to a report by blockchain data and analytics platform Nansen.

01.08 / 18:25

Blockchain Art NFT surges CryptoPunks' trading volume surges 1,847% after Tiffany & Co. launches exclusive NFT collection

On Monday, the trading volume of CryptoPunks, one of the sector's most popular nonfungible token (NFT) collections, surged by 1,847% over 24 hours. Over $1,226.68 Ether (ETH) worth of Punk NFTs was traded during that time. The surge in interest appears to be tied to luxury jewelry retailer Tiffany & Co. launch of its own NFT collection, which hash a special perk for Punk holders.

01.08 / 17:25

Adoption NFT Web3 Upcoming Muse NFT album becomes first new format added to charts in years

The upcoming Muse NFT album will be the latest chart-eligible album format since 2015. Prior to this album concept, the last format to be accepted by international charts was album streams. Nonfungible token (NFT) albums are now eligible for both United Kingdom and Australian charts.

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