DeFi’s PoolTogether Crowdfunds Legal Defense With NFT Collection

Kent’s suit names PoolTogether, the Brooklyn-based corporation, and its founder, Brooklyn resident Leighton Cusack, as well as a host of the protocol’s investors, including Dragonfly Capital, Compound Labs and Galaxy Digital Capital Management, as defendants. Individual investors in the project, including Stanislav Kulechov, the founder and CEO of DeFi platform Aave, are also named. Source

VAST Completes Private Investment Round as It Readies to Launch First-Ever EngageFi™ NFT Platform – Press release Bitcoin News

press release PRESS RELEASE. Miami, FL – VAST, the multimedia NFT marketplace that dropped the first-ever NFT sitcom featuring Snoop Dogg and The Harlem Globetrotters, has announced the completion of their strategic private investment round with leading blockchain venture capital firms: GHAF Capital, NGC Ventures, Skyman Ventures, Infinity Ventures Crypto, and Spartan Protocol. The VAST backers are made up of leading visionaries in the blockchain space whose portfolios form much of the backbone of blockchain infrastructure and innovation. Initial seed investors include: Huobi Ventures, Polygon Studios, HyperEdge Capital, GHAF Capital,…

NFT custody is ‘the missing piece’ for mainstream adoption, says Veritic CEO

On day four of the World Economic Forum 2022, presentations on nonfungible tokens (NFTs) have taken place with speakers sharing their takes on NFT use cases and adoption.  At the Blockchain Hub Davos, speakers Veritic CEO Stephan Holzer and Seal Storage Technology CEO Alex Altman spoke on the importance of NFTs, their role in society, and how the community can attract the mainstream into using the technology. In his lecture, Holzer argued that simplifying access to NFTs may push mainstream adoption forward. According to the Veritic CEO, minting in more…

What is NFT staking and how to earn income from NFTs?

We all know about staking cryptocurrencies, whereby you make a return on your investment. Nowadays, you can also make money by staking your nonfungible tokens (NFTs)! By staking your nonfungible tokens (NFTs) on NFT staking platforms, you can make additional returns on your investment. NFTs have become even more attractive due to this development. More and more people are looking for new ways to make money without having to work for it. Passive income used to be something wealthy people could get through the bank because the interest rates on…

NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link

A Proof Collective member has fallen victim to a scam, losing 29 highly-valuable Ethereum-based Moonbirds. According to a tweet by Cirrus on Wednesday morning, the victim lost 29 Moonbird nonfungible tokens (NFTs) worth $1.5 million after clicking a malicious link shared by a scammer. 29 Moonbirds were just stolen in a hack. ~750e (~$1,500,000) in value lost by clicking on a bad link. Sickening seeing stuff like this. Let this be a reminder to never ever click on links and to bookmark the marketplaces/trading sites that you use. pic.twitter.com/7iWO5LMovL —…

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Is Blockchain Gaming The Worst Investment You’ve Made?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I go through and review some of NFT games’ biggest mistakes and one that is winning. 0:00:00 Setup 0:00:29 Intro 0:00:54 First Game 0:02:02 Second Game 0:03:06 Third Game 0:04:08 Forth Game 0:05:43 Fifth Game 0:07:12 Breakdown Subscribe to my NEW channels: ‘STACHE REVIEWS (in-depth project reviews) – ‘STACHE GAMING (live streams) – ‘STACHE TRIMS (short clips) – Join my community of “Stachers” to learn more about NFTs & Crypto Gaming. Follow me on Social Best Crypto Resources BEST EXCHANGE – Binance:…

eBay drops first NFT collection to non-crypto mainstream buyers

E-commerce giant eBay has officially launched its first NFT drop, with a series of tokenized collectibles featuring National Hockey League (NHL) legend Wayne Gretsky going live on May 23. The NFT collection depicts animated versions of Gretsky that were inspired by Sports Illustrated magazine covers. They come in four different tiers of rarity including green at 299 editions per token, gold at 199, platinum at 99, and diamond at 15. The collection is up for sale on eBay’s marketplace now, however, the limited edition diamond, platinum, and gold tiers worth…