NFT Financial News

22.04 / 05:41

NFT NFTS cricket Dream Capital invests $120 mn in cricket NFT platform Rario

NFT platform Rario raised $120 million in Series A funding from Dream Capital, the corporate venture capital arm of Dream Sports. Other investors participating in the funding round include Alpha Wave Global (previously Falcon Edge Capital) with existing investors like Animoca Brands (global leader in Web3 gaming), Presight Capital, and Kingsway Capital. Rario created the first-ever cricket NFT platform and has the largest share of cricket NFT rights through partnerships with 6 global cricket leagues and over 900 cricket professionals.

22.04 / 03:27

business Adoption NFT Sport Aussie media company goes all in on NBA fan engagement with NFTs

Australian media company Basketball Forever has announced an NFT project titled Hoop Hounds which seeks to increase NBA fan engagement and provide substantial real-world utility for the tokens.

22.04 / 00:25

NFT Environment Africa Wildlife conservation efforts turn to NFT-funded initiatives

Digital twin nonfungible tokens, or NFTs, aren't just reserved for consumer products anymore. Netherlands-based decentralized carbon credit exchange Coorest and conservation consulting firm PLCnetwork of the Southern Hemisphere teamed up to tokenize individual real-world endangered animals at game reserves and privately owned conservation areas in Africa. These wildlife NFTs enable holders to sponsor an elephant, lion, cheetah or rhino. Profits from the sales will go toward food, shelter and security for the animals they represent.

21.04 / 18:21

cryptocurrency NFT phishing Trader loses Rs 5 crore in cryptocurrency after wallet gets 'totally wiped out' in seconds

A crypto trader lost $650,000 (roughly Rs 5 crore) worth of cryptocurrency and NFT to scammers. Domenic Iacovone shared his experience and sought help from experts on Twitter. He even offered $100K as reward for any assistance.

21.04 / 12:59

NFT MARKET Altcoins coinbase ZRX Token Skyrockets as Coinbase Teams Up with 0x for NFT Marketplace

The major crypto exchange Coinbase has teamed up with 0x Protocol (ZRX) to power its new social media-inspired non-fungible token (NFT) marketplace. The news triggered a massive jump in the price of 0x’s native token ZRX.

21.04 / 07:29

Twitter Art NFT Nifty News: Grow-to-earn with Snoop — and is Dorsey’s tweet priceless or worthless?

The nonfungible token (NFT) of the first ever tweet made on Twitter by founder Jack Dorsey is currently struggling to attract a bid even 1% of its sale price last year.

21.04 / 07:25

NFT International Monetary Fund World Bank crypto framework Framework Crypto industry echoes Sitharaman's pitch for global crypto framework

Sitharaman pitched for a global framework to regulate the crytpo tokens, particularly their use in money laundering and terror financing. Speaking in a discussion hosted by the International Monetary Fund (IMF) in Washington DC, Sitharaman said, «I think the biggest risk for all countries across the board will be the money laundering aspect and the aspect of currency being used for financing terror.» The crypto industry is echoing the similar voices and said that global regulations are the need of the hour as no country can handle this alone. However, it will not be a cakewalk, they warned.

20.04 / 18:23

NFT coinbase Non-fungible tokens Decentralization Coinbase NFT Marketplace Launches in Beta, Plans to Move Beyond Ethereum

Coinbase NFT, a new non-fungible token (NFT) marketplace by crypto exchange Coinbase, launched in beta on Wednesday.

20.04 / 16:05

business NFT coinbase Marketplace Coinbase announces beta of NFT marketplace with social engagement

Crypto exchange Coinbase’s nonfungible token (NFT) marketplace has moved into beta more than six months after the company announced it planned to open a waitlist for the site.

20.04 / 15:11

Kucoin NFT GameFi KuCoin NFT marketplace launches a $100 mn creators fund

KuCoin Ventures, the venture capital arm of crypto trading platform KuCoin, and its NFT marketplace Windvane is set to launch a $100 million 'Creators Fund' on Tuesday. The fund will support and incubate the early stage NFT projects from the fields of art, sports, PFPs, Asian culture, GameFi, celebrities, among others. This fund will invite 99 outstanding NFT creators to join the Windvane NFT marketplace to accelerate the growth of Web 3.0 and other various projects.

19.04 / 18:01

cryptocurrency NFT NFTS Gensokishi Online Project Announces Decision to List MV token on KuCoin and Campaign

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

19.04 / 16:19

NFT Non-fungible tokens scam community Moonbirds Collection Faces Criticism After User Wins 50+ NFTs During Raffle

Newly-launched non-fungible token (NFT) project Moonbirds has been hit with controversy, with some wondering if there was a potential raffle manipulation.

19.04 / 09:39

Ethereum NFT Cardano solana Time Down 70% from all-time highs, can this crypto token rebound anytime soon?

Cardano (ADA) once again breached the $1 mark on Monday. It is the second corrective phase wherein the token has slipped below this level. The first was during the correction it saw in February this year. Support of hip hop star Snoop Dogg failed to lift sentiments on the token. The global music artist has launched an NFT collection on the Cardano Blockchain with Clay Nation. The crypto token has lost more than 70 per cent of its value from its peak of $3 scaled in November 2021. On Monday, it plunged 9 per cent to $0.8777 from $0.9615 within a span of 24 hours, with the total market cap of Cardano slipping below $30 billion, Coinmarketcap data showed.

19.04 / 07:01

business Art NFT Marketplace Moonbirds fly into NFT top spot with $290M sold in four days

The freshly launched Ethereum-based Moonbirds NFT project is soaring to the top of the trade volume charts after generating $290 million worth of sales in just four days.

18.04 / 12:47

Blockchain NFT Space NFTs offer astronauts 'new outlet' to share experiences, says spaceman Scott Kelly

After celebrities, athletes and politicians jumped into the nonfungible token (NFT) mania, the growing industry has pulled in a veteran astronaut to share his time in space through NFTs.

18.04 / 08:31

NFT Health Activision Nifty News: Hyundai partners with Meta Kongz, Activision surveys on NFTs, and more

South Korean automobile manufacturer Hyundai announced today, April 18th, that it has partnered with the Meta Kongz NFT project to create a limited collection of 30 NFTs launching sometime in May 2022.

17.04 / 08:59

NFT Bought for $2.9 million, NFT of Jack Dorsey tweet finds few takers

Crypto entrepreneur Sina Estavi made headlines in March 2021 when he paid $2.9 million for an NFT of Twitter boss Jack Dorsey's first tweet. But his efforts to re-sell it have run aground, with a top bid of just $6,800 as of Thursday. The initial purchase was at the time among the most expensive sales of a non-fungible token, or NFT, and came amid a flurry of interest in the niche crypto assets which have since generated billions of dollars in sales. Estavi put the tweet up for resale on the popular NFT marketplace OpenSea last week, initially asking for $48 million.

17.04 / 07:59

Adoption NFT Charity Web3 initiative Reli3f has raised over $1.5M for Ukrainian aid efforts

Reli3f, a humanitarian initiative birthed upon the innate artistic commitment to narrate stories in times of hardship, launched their second nonfungible token (NFT) collection Thursday, raising over $300,000 for recognized Ukrainian charities and taking their total to over $1.5 million.

15.04 / 22:21

markets NFT defi QSP, XDB and AST post double-digit gains amid sideways moving market

Activity across the cryptocurrency market has been largely subdued on April 15 as traders in the United States have taken an early weekend thanks to the closure of financial markets for the observance of Good Friday.

15.04 / 20:09

NFT Investing Non-fungible tokens lending NFTfi Eyes Massive Growth for NFT Lending; CryptoPunks, BAYC & Art Blocks Most Common Collateral

NFTfi, a company in the non-fungible token (NFT) lending industry, expects to see massive growth in the sector, where crypto holders get a chance to earn yields on their capital, or potentially secure a digital art piece from top collections like CryptoPunks at steep discounts.

15.04 / 03:47

Adoption NFT Non-fungible tokens Asia Asian Biz Giants SK, Bandai, Line Bolster Metaverse, NFT Operations

Some of East Asia’s biggest tech companies are delving ever deeper into the world of crypto, with Japanese and South Korean mega-companies eyeing metaverse, non-fungible token (NFT), Web3, and blockchain business expansion.

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