Tag Archives: Non-Fungible Token (NFT)

The NFT sector has seen an explosion of interest throughout last year. In 2021 as well, the market kicked off with booming sales sharply, contrasting with the overall slump in crypto prices in January. After decoupling for a few weeks, NFT sales appear to be cooling down again. NFT Floor Price Take a Hit According to the latest stats, the floor prices of some of the top NFT projects, such as Bored Ape Yacht Club (BAYC), have been on a decline. The NFT market has faced a...

Popular crypto exchange FTX has plans to launch a gaming unit to offer mainstream gaming publishers support for non-fungible token (NFT) integration and other blockchain-powered collectibles. FTX to Provide Web3 Operability for Game Studios Bloomberg reported that the company will launch its gaming outfit in the coming months. The so-called FTX Gaming unit is set to function as a “crypto-as-a-service” platform for mainstream game studios. Also, the service will offer support...

Tokenized assets and rare digital collectibles are raking in billions of dollars across NFT marketplaces, and everyone, including celebrities and top-notch artists, is looking for ways to take part in the craze. There are many platforms built on different blockchains that allow you to buy and sell non-fungible tokens. But before delving into the list of the top 10 best NFT marketplaces, let’s quickly look at the meaning of NFT and why there is a need for many NFT trading...

Non-fungible token marketplaces have shattered record-breaking trading volumes. But experts believe that the nascent space of NFT may see a crash soon that would mimic the 2019 ICO collapse. NFT Crash, If or When? An NFT crash may happen in the next six months. This was according to Ryan Carson, Chief Operating Officer, PROOF Collective, a podcast that covers the NFT ecosystem in-depth. His tweets regarding the same read, “The quick-flip 10k PFP projects, me-too derivs and...

OpenSea users complained about a phishing attack that resulted in countless stolen non-fungible tokens, according to PeckShield. At the same time, the NFT marketplace said it was investigating these “rumors,” and any attack was not related to its website. Reports started to emerge earlier from OpenSea users who saw unsettling behavior in their accounts. Shortly after, the blockchain security company PeckShield alerted that there was an ongoing phishing attack, requesting...

Marina Picasso – granddaughter of the renowned painter and sculptor Pablo Picasso – said she and her son Florian will continue launching NFT collections depicting the artist’s work. The digital collectibles caused disputes among the family as some members did not agree with the initiative. Picasso’s NFTs Received Green Light Earlier this year, Picasso’s great-grandson – Florian – hopped on the NFT bandwagon by releasing a collection featuring some of the painter’s renowned...

DappRadar – a top NFT and Defi dapp store – recently released a report analyzing the trading behaviors of three top NFT whales. It identified some collections and projects that the whales have pronounced exposure to, including Adidas Originals and Doodles. What are Whales up to? According to the report, the three whales discussed –  Pranksy, Dingaling, and Wilcox – have a net worth $242.7 million across their wallets. Each appears to employ different trading strategies,...

American multinational company, PayPal, has revised its Seller Protection program to exclude non-fungible token (NFT) transactions that surpass $10,000. Limiting NFT Transactions According to PayPal’s Policy Updates page, NFT transactions valued at more than $10,000 are ineligible. The changes will come into effect from March 21 this year. A document further elaborating stated that items or transactions such as art, media, antiques, or collectibles, physically or digitally,...

The field of non-fungible tokens continues to boom, and new projects are popping daily. One trader, however, shares how he turned $2K in almost $500K, filliping NFTs without bothering with tedious whitelists and fresh mints. Here’s the story of how he did it. The NFT Game: It’s Not Always a Get-Rich-Quick Scheme Many of those who’re stepping into the world of non-fungible tokens (NFTs) are immediately flabbergasted by success stories of someone who bought a Bored Ape NFT for...

Graph Blockchain’s subsidiary New World Inc. (New World) teamed up with the Brazilian soccer icon Ronaldinho. As a result, the former player of FC Barcelona will become an official global ambassador of the blockchain project. Ronaldinho to Help With the NFT Initiatives One of the greatest soccer players – Ronaldo de Assis Moreira, commonly known as Ronaldinho, inked a deal with the Canadian blockchain entity New World. The 41-year-old Brazilian will play an essential role in...