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Tag Archives: NFT

Crypto Firm Seba Bank Launches NFT Custody Despite Current Market Woes

The new NFT custody platform from Seba Bank is designed to let users securely store their NFTs without having to deal with managing their own private keys.Seba Bank has launched its first NFT service, an institutional-grade, certified, and independently audited hot and cold storage custody product for blue-chip NFTs.The new service will now enable the Swiss bank’s retail and institutional clients to store tokens of Ethereum-based NFT collections including Bored Apes and CryptoPunks in the...

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Opinion: The NFT Market Is Dying, but Are We Really That Surprised?

News has come about that the non-fungible token (NFT) marketplace has experienced a huge lapse in trading. So much, in fact, that it’s down roughly 97 percent from its all-time high recorded in January of this year. That means in just under ten months, the world of non-fungible tokens has practically become non-existent. The NFT Space Is Burning This cannot simply be attributed to the general collapse of the crypto market. It’s one thing to say BTC and ETH are suffering,...

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Pro-Crypto Candidate Rishi Sunak Becomes Next UK Prime Minister

Rishi Sunak succeeds Liz Truss to become the next British Prime Minister. The crypto community celebrates Sunak’s pro-crypto stand while serving as the Chancellor in the Boris Johnson government. On Monday, October 24, pro-crypto candidate Rishi Sunak won the race to become the next Prime Minister of the UK. This happened as Boris Johnson and House of Commons leader Penny Mordaunt withdrew from the race.Sunak’s appointment to the office comes within just 7 weeks of Liz Truss becoming the UK...

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Transition in NFT Markets as Opensea’s Monopoly Diminishes: Report

Last year’s NFT gold rush marked the ascent of OpenSea into a $13 billion company, but its competitors have been increasingly capturing market share. A new report suggests the transition of a previously monopolistic non-fungible token (NFT) market into an oligopoly. OpenSea Faces Stiff Competition According to the latest edition of Binance’s Market Pulse, NFTs had a bad quarter throughout the board in Q3 of 2022. While OpenSea is still the leading exchange, the biggest...

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Renovi and Aftermath Islands Partners to Launch First NFT Buildathon

Per the announcement, entries to participate in the buildathon will continue until January 9 2023, and the submissions will be judged by a panel of NFT and metaverse veterans.Renovi, a metaverse marketplace, and design studio has launched the first Non-Fungible Token (NFT) Buildathon in partnership with Aftermath Islands Metaverse Limited. As contained in a Press Release shared with Coinspeaker, the buildathon, dubbed the Next Top Metaverse Build will enable artists, architects, and entrants...

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Twitter Partners with Major NFT Marketplaces to Launch New Web3-Focused Feature

Twitter alongside other social media platforms continue to play remarkable roles in the quest to get NFTs to be globally recognized and adopted.Twitter is working with notable NFT marketplaces such as Rarible, OpenSea, GuardianLink’s Jump.trade, and Dapper Labs to launch a cool new NFT feature. Called “tweet tiles”, the feature will allow Twitter users to share non-fungible tokens (NFTs) as well as call-to-action (CTA) collection objects on the platform.It should be mentioned that the “tweet...

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