Oct 14, 9:31 pm Decrypt Ethereum Whales Have Been Selling Off Their Holdings, While Bitcoin Whales Have Been Accumulating According to Glassnode, Ethereum whales holding 1,000 or more ETH have been selling off their holdings since 2020, while… Read Summary
Read MoreNFTs surge following SEC failure to appeal Grayscale case
Non-fungible tokens (NFTs) witnessed a 15% surge in trading volumes thanks to the U.S. Securities and Exchange Commission’s (SEC) failure to file an appeal in the Grayscale Bitcoin Trust case. According to on-chain data aggregator CryptoSlam.io, the NFT ecosystem encountered a substantial 15% uptick in the …
Read MoreBored Ape Yacht Club creators Yuga Labs announce layoffs as NFT market’s struggles continue
The tech firm Yuga Labs is planning employee layoffs ahead of a general restructuring of the company. The changes within the company behind the popular NFTs (non-fungible tokens) Bored Ape Yacht Club and CryptoPunks follow the arrival of new chief executive Daniel Alegre and growing …
Read MoreThe untimely demise of NFTs
The last decade saw virtual currencies gain popularity all across the world and become a legal tender for a few companies. Moreover, leading global firms adopted cryptocurrencies as a mode of payment that acted as a cherry on top for the nascent crypto segment and …
Read MoreNitro Nation World Tour Review: Gear Up With NFTs—Or Face the Grind
Nitro Nation World Tour is a new car-racing mobile game from Blankos Block Party and NFL Rivals developer Mythical Games. Mythical developed this newest installment in the car-racing series with the support of CM Games, maker of the first Nitro Nation game released back in …
Read MoreAre digital fan tokens really “a risk to sports supporters”?
NFS and fan tokens are effectively worthless – so who’s zooming who when fans buy them? 13 October 2023 Bored Ape Yacht Club NFT collection on NFT trading platform OpenSea. Via Reuters. • Fan tokens are not guaranteed to have any intrinsic value.• British MPs …
Read MoreUmoja Foundation: The Latest Project Fusing NFTs With Charity!
In the vast realm of web3-based philanthropy initiatives, where code meets compassion, Umoja Foundation emerges as a beacon of NFT altruism, charity, and innovation. The word “Umoja,” Swahili for “unity,” encapsulates the essence of this unique venture, born from the intersection of tech passion and …
Read MoreNFT Market Trends: Past Meltdown and Future Potential
The non-fungible token (NFT) market has faced a meltdown in recent months, with floor prices dropping below 30 ether, an 83% decline from an all-time high in 2022. With this in mind, the future of NFTs looks somewhat uncertain. Beginning with the creation of the …
Read MoreUnveiling EMMA: A Revolutionary Step Towards Efficient Allowlist Management in NFTs | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art
In the cutting-edge domain of Non-Fungible Tokens (NFTs), the MEMES team, spearheaded by Punk6529, has unfurled a groundbreaking tool – EMMA. Conceived with the objective of streamlining the allowlist process within the NFT ecosystem, EMMA epitomizes a significant leap towards reducing manual drudgery and rendering …
Read MoreMastercard, RBA and Cuscal trial CBDC integration with Ethereum-based NFTs By Investing.com
The trial, which began in June 2023, employed a wrapped CBDC solution. The process involved locking a pilot CBDC amount on the RBA’s platform and minting an equivalent of wrapped pilot CBDC tokens on Ethereum. This procedure was carried out by “allow-listing” Ethereum wallets of …
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