Many NFT projects lack adequate smart contract testing, says nameless founder

Jimmy McNelis, the founder of Web3 tech firm nameless, says there are too many NFT projects rushing to market without proper smart contract testing — potentially leading to millions lost. Speaking with Cointelegraph, McNelis suggested that a lot of NFT projects often rush to market without fully simulating how its smart contracts will work, even skipping extensive audits in some cases. McNelis said an example of this was observed during the sale of the Akutars NFT collection in February 2021 — featuring 15,000 tokens that went up for sale on Winklevoss-owned NFT…

The ETH Merge Had Little Impact on NFT Sales

In the weeks leading up to the Merge, NFT trading decreased overall, and this past week has been just slightly better. One of the industry’s top marketplaces, OpenSea, has seen $84 million of volume in the past seven days for Ethereum-based NFTs, a 5.3% increase from the week leading up to the Merge, according to data from DappRadar. The average weekly price for an Ethereum-based NFT on OpenSea stands at $199, a 14.5% decrease from the previous week. Source

HO FATTO MINING PER UN ANNO ED HO GUADAGNATO…

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Dopo un anno di MINING posso finalmente tirare le somme sui guadagni e non solo. È stato un anno intenso, pieno di alti e bassi e non direi mai nessuno che questa sia un’attività dal guadagno facile…Ma perchè? 🎬 ISCRIVITI 🔔 CLICCA LA CAMPANELLA 💬 COMMENTA #MINING #CRYPTO #SOLDI 📸 Seguimi su Instagram: Cosa ho usato per MINING: HiveOS: Kryptex (consigliato solo per “provare”): Binance (Exchange): ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ▷ OFFERTE TELEGRAM: Stai cercando un gruppo che tratti qualsiasi offerta di Amazon e non…

Argentine Airline Flybondi to Adopt NFT Technology for Ticket Issuance – News Bitcoin News

Flybondi, a low-cost Argentine airline, is introducing blockchain tech in its operations. The company announced recently it will start issuing tickets as non-fungible tokens (NFTs), broadening the possibilities of what customers can do with them. Users will be able to sell or transfer the tokens to other travelers up to three days before the applicable flight, for example. Flybondi to Issue NFT Tickets More companies are including NFTs as part of their business models due to the perceived benefits and advantages they can bring. Flybondi, a low-cost Argentine…

OpenSea implements a new protocol that ranks NFT rarity

With thousands of nonfungible tokens (NFTs) getting minted every single day, trying to find rare pieces can be a challenge for NFT collectors. However, as the industry continues to progress, the hassles in finding rare NFTs may soon become a thing of the past.  In a tweet, NFT marketplace OpenSea announced the implementation of OpenRarity, a protocol that provides verifiable rarity calculations for NFTs within its platform. The protocol uses a transparent mathematical approach to calculating rarity. OpenSea said that rare NFTs will be awarded lower numbers like 1 or…

This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower – Markets and Prices Bitcoin News

Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during the past seven days. While Bored Ape Yacht Club’s market valuation lost 21.29%, Cryptopunks’ market cap slid by 19.18%. NFT Sales and Prices Nosedive NFTs had a lackluster week as sales and prices have followed in sync with falling crypto asset prices. Statistics show that a…

Next Crypto market cycle top will be 2025? (+ retiring on HEX in 2026)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Follow @RHMaximalist on Twitter — Check out full interviews with guests @ @a Million or the Moon — Learn and grow in Crypto with interviews & content focused on a healthy form of RH maximalism. We lean into objective discussions for products like HEX, PulseChain and PulseX as well as community innovations, health, wealth, wisdom & the big fundamentals Bitcoin and Ethereum. I buy Richard Heart stock, but I’m also a first principals thinker. That means I can promote his products, while…

Funko Teams Up With Warner Brothers for DC Comics’ NFT Release

Funko’s aim is to “marry the two worlds” of physical and digital collecting, CEO Andrew Perlmutter said in an interview. DC fans who purchase the collectible can connect their crypto wallet and claim the NFT online, minted on the World Asset eXchange blockchain (WAX) – a network that supports 60 million NFTs (including ones issued previously by Funko, Topps, Atari and other mainstream brands) and 30,000 dapps. Source