Tag: NFT

I returned most of the stolen Nomad funds and all I got was this silly NFT

boss

Hackers behind the $190 million Nomad Bridge are now being incentivized with “whitehat” themed non-fungible tokens (NFTs) if they return nearly all of the funds they stole from the protocol at the start of this month. The exclusive NFT, which simply depicts a white wizard’s hat, is being offered by NFT firm Metagame and can be minted by those that return at least 90% of their stolen funds to Nomad. 1/ Our friends at @metagame created an earned NFT as a thank you to whitehats who returned funds from the…

Iconic brands including Nike, Gucci have made $260M off NFT sales

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The hype surrounding nonfungible tokens (NFTs) has allowed some of the world’s most iconic brands to rake in hundreds of millions of dollars in additional revenue, underscoring the mass consumer appeal of digital collectibles.  Leading brands including Nike, Gucci, Dolce & Gabbana, Adidas and Tiffany have amassed a combined $260 million worth of sales from NFTs, according to data from Dune Analytics that was first reported by NFTGators. Nike’s NFT drops have amassed $185.3 million in revenue, with volumes in secondary markets approaching $1.3 billion. Dolce & Gabbana has generated…

BITCOIN ERHOLUNG, ABER ACHTUNG! – Bringt Ethereum 2.0 den Bullrun zurück? + Ripple & Cardano News

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Will Taylor Swift Ever Issue a Music NFT?

The reality is that Swift, and most artists, don’t need to share earnings with their fans, because why would you pay a TSA dog? They’re doing their job well. They’re happy. They’re very, very loyal. In fact there’s an overabundance of loyalty that, in an artist’s view, is unlikely to become scarce in the near future. Why fix it if ain’t broke, right? Source

HUGE GOOGLE CRYPTO NEWS DOGECOIN ADA EOS BITCOIN

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io #google #crypto #dogecoin #ada #cardano #eos #bitcoin #cryptowendyo 00:00 Welcome back to the stream babes xox 01:40 The entire crypto market 02:17 #btc daily 03:40 #eth, 12h & 45m 05:00 Google/Alphabet invests $1.5b into #blockchain industry 08:45 Britain inflation rate highest in 40 years 11:10 Analysts fear FED minutes will affect 2023 easing 12:55 kraken CEO slams Tornado Cash sanctions 15:30 Joe Biden signs inflation reduction act into law 16:15 Defining #inflation 21:30 What is the lightning network? 24:00 What is #dogechain…

NFT lending protocol Bend DAO proposes emergency changes amid credit crisis

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On Monday, developers of decentralized nonfungible tokens (NFTs) borrowing and lending protocol Bend DAO proposed new emergency measures in an attempt to stabilize the ecosystem. The same day, it was revealed that the project had just as little as 15 wrapped Ether (wETH) worth $23,715 to pay back lenders. Approximately 15,000 ETH was lent using the mechanism. To save the protocol from a credit crisis, the Bend Dao dev team suggested that the liquidation threshold for collateral would be constrained to 70% of the loan value, down from 85%.  Next,…

Gamestop NFT Daily Fee Income Falls Below $4,000 As Market Meltdown Spreads

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GameStop NFT has produced over $166,800 in sales volume in the last 24 hours; yet, with the platform collecting only a 2.25% charge on NFT purchases, the statistic corresponds to only $3,753 in income. Daily income for GameStop’s nonfungible token (NFT) marketplace has dropped to less than $4,000, indicating that interest in the platform has decreased dramatically since its introduction in mid-July. At the time of writing, the HyperViciouZ project on GameStop has the highest 24-hour sales volume of 29.78 Ether (ETH), valued at around $47,841. Pudgy Penguins, OpenSea’s top-selling…

CryptoPunks Briefly Flip Bored Apes as NFT Prices Continue to Crater

Unlike last winter, when the price of ETH was pushing $4,000 and trading volumes were at all-time highs, this flippening comes as the rival collections’ prices are on the way down. The Bored Ape floor price is down almost 40% in the last month, with CryptoPunks down 24%, according to data from NFTPriceFloor. When the Bored Ape floor price passed that of CryptoPunks last time around, the cheapest editions from both collections were valued 55 ETH, at the time worth $215,000. Source

Metaverse is a key factor in long-term NFT success, says new research

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A new report from Juniper Research analyzed the trajectory of the nonfungible token (NFT) market over the next five years. According to the study, global transactions related to NFTs will escalate from 24 million in 2022 to nearly 40 million by 2027.  One of the top catalysts to push NFT adoption will be those linked to metaverse use cases, according to the study. This niche of NFTs will be the fastest growing in the next five years. Metaverse-related NFTs will experience an increase in transactions from 600,000 transactions in 2022…