This week, in celebration of the 40th anniversary of the Masters of the Universe (MOTU) franchise, the toy manufacturing company Mattel announced the launch of the official MOTU digital toy collection. The new collection, dropping on November 9, will feature classic MOTU characters like He-Man, Battle Cat, Tri-Klops, and Evil-Lyn. He-Man and the Masters of the Universe Enter the Blockchain-Powered Metaverse On Wednesday, Mattel, Inc. (Nasdaq: MAT) and the new non-fungible token (NFT) platform Cryptoys revealed plans to launch a digital collectible collection based on the Masters of the Universe…
Tag: NFT
Football's Cryptocurrency & NFT Crisis
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io From clubs launching fan tokens through companies like Socios, to clubs, competitions, and footballers releasing their own NFT collections, an enormous amount of money has flooded into football from the cryptocurrency industry over the last few years. As far as the likes of FIFA, UEFA, and the Premier League seem to be concerned, these sponsors, digital assets, and non-fungible tokens are easy money with very few overheads – but increasingly they are being met with opposition from fans. In this video, HITC…
New York Cares Non-Profit Highlights Using Web3 for Good With NFT Fundraise
Although fundraising efforts have seen success over the last three years, Keith A. Grossman, TIME President and New York Cares Board Member, told CryptoX that he’s not only passionate about raising money for underprivileged students, but also about implementing technologies to propel a new wave of philanthropic efforts. Source CaresFundraiseGoodHighlightsNFTnonprofitWeb3York CryptoX Portal
Crypto Sleuth ZachXBT’s Efforts Lead to Prosecution of Alleged Bored Ape NFT Scammers
The phishing scam required interested users to click on a link to generate an animation. But instead of animated apes, the users found the service stole their NFTs, digital assets on a blockchain that represent ownership of virtual or physical items, with the scammers managing to steal over $2.5 million in total. Source
U.S. Securities and Exchange Commission Opening Investigation Into Bored Ape Yacht Club NFT Creators: Report
Federal regulators are reportedly investigating the creator of the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection for potential violations of federal laws during the sale of digital assets. Citing an unnamed source familiar with the matter, Bloomberg reports that the U.S. Securities and Exchange Commission (SEC) is investigating Yuga Labs to determine if some of its NFTs are comparable to stocks, which would require compliance with disclosure rules. In a statement, the Miami-based company says it will cooperate with any investigation. “It’s well-known that policymakers and regulators have…
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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ⚡️Le Club Crypto Flash : Newsletter. Les 5 plus grosses actualités de la semaine et les leçons à en tirer. ✅ ⚡️ Formation Crypto Flash : Se Lancer Dans Les Crypto Monnaies ⚡️Communauté : ✅Twitter ✅Groupe Telegram 👉 Bonjour à tous, aujourd’hui on fait le tour des actualités Cryptomonnaies ⚡️ Piratage ETHEREUPOW en lien avec the merge! La FED, l’annonce arrive mercredi soir! Animoca brand rachète un nouveau studio!! #Cryptomonnaie #Actus #trading #investissement #argent #bitcoinnews #Bullrun #chute #hausse #cryptonews actualités…
NFT Infrastructure Company Gomu Closes $5M Seed Round
NFT Hub provides a customizable community hub and marketplace to NFT projects, allowing startup collections to more easily build an online space for their holders. “NFT communities can create custom marketplaces and token-gated communities in minutes, all without having any prior experience with blockchain technology,” said Gomu in a statement. Source ClosesCompanyGomuInfrastructureNFTSeed CryptoX Portal
Damien Hirst live streams the burning of $10M in art for NFT project
The Currency is the name given to Hirst’s NFT project which examines the value of digital art vs physical art. Britain’s wealthiest living artist, Damien Hirst, has started setting fire to millions of dollars worth of his own artworks as part of his nonfungible token (NFT) project called “The Currency.” During an Oct. 11 livestream of his London gallery at 12:30 pm local time, Hirst burned hundreds of his own The Currency artworks, ensuring that they exist only in the form of an NFT moving forward. The Currency is the…
Bored Ape creators and other NFT projects investigated by SEC probe
A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.” Sources say that the U.S. Securities and Exchange Commission (SEC) probe into Yuga Labs is actually part of a wider investigation into the nonfungible token (NFT) market, which already came to light in March. On Oct. 11, a report from Bloomberg citing a source “familiar with the matter” said the SEC is investigating Yuga Labs over whether certain NFTs are “more akin to stocks” and whether…
CNN to shut down its NFT marketplace and issue 20% refund
The nonfungible token venture, originally scheduled with a half-year road map, lasted a little under four months. United States-based multimedia outlet CNN announced in a tweet on Oct. 10 that it would shut down its nonfungible token (NFT) project less than four months after its launch. Dubbed “Vault by CNN: Moments That Changed Us,” the collection included a series of tokenized iconic news moments from CNN’s 41-year history, along with a vault to purchase, store and display the NFTs. In explaining the decision, CNN said Vault was a “6-week experiment”…