Tag: NFT

PUBG Developer Krafton Joins Forces With Solana For Blockchain And NFT Games

The gaming company behind the smash hit PUBG Series will launch an “assault” into the NFT battlegrounds. The world’s leading video game publishers are experimenting with Web3 gaming, utilizing NFT assets and cryptocurrency-based ecosystems in the process. A well-known gaming company with a tremendously successful brand is developing blockchain-based games — specifically, on Solana. Krafton, the creator of PUBG: Battlegrounds (originally PlayerUnknown’s Battlegrounds), announced a collaboration with blockchain technology platform Solana Labs on Wednesday to support the development and promotion of blockchain-based games and services. The South Korean game publisher Krafton,…

GameStop NFT Marketplace now live and powered by Loopring L2

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GameStop has confirmed its integration with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol designed for powering decentralized cryptocurrency exchanges, into their highly anticipated NFT marketplace. Adam Browman, Loopring’s Head of Growth, announced on Medium on Wednesday that the beta version of GameStop’s marketplace had gone live. The future of #NFTs are here + they’re powered by #Ethereum‘s second layer Loopring L2 x @GameStop Power to the players.Power to the creatorsPower to the collectors.#L222https://t.co/0gdvKLivfp — Loopring‍☠️ (@loopringorg) March 23, 2022 According to Browman, GameStop, in partnership with Loopring L2, aims to provide “fast,…

Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech – Bitcoin News

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On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s ZK-rollup technology, the platform “inherits Ethereum’s self-custodial security while abstracting away costly gas-fees, leaving no one priced out.” Gamestop Reveals NFT Market Built With Loopring’s L2 Tech During the last few months, the video game retail giant Gamestop has been hinting at a non-fungible token (NFT) marketplace launch. Last month, Gamestop…

MoonPay, Startup Known for Celeb NFT Buys, Adds Obama-Era Money Laundering Watchdog

Freis, who ran the Treasury’s Financial Crimes Enforcement Network (FinCEN) under former Presidents George W. Bush and Barack Obama, will advise MoonPay’s executives and compliance officials as the startup further establishes its systems for allowing people to buy and sell cryptocurrencies using a range of payment methods, such as credit cards, bank transfers and Apple Pay, the company said in a statement. Source

‘Satoshi Island’ crypto utopia receives 50K citizenship NFT applications

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Step aside, El Salvador, there’s a new Bitcoin-centric destination on the map. As a 32-million-square-foot private island sanctuary in the remote South Pacific, Satoshi Island is a “place for the crypto community to call home.” A combination of honeymoon getaway, Bond-villain hideout and naturalist paradise, there’s one enigmatic exception to Satoshi Island: it’s 100% crypto. Talking to Cointelegraph, the Satoshi Island team of Denys Troyak, James Law, Taras Filatov and Benjamin Nero mentioned that it is: “A true crypto-economy where everything will be paid for in crypto and all ownership…

Marvel NFT partner Veve closes its marketplace after an in-app token exploit

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Veve, a nonfungible token (NFT) marketplace with licensed digital collectibles, faced an exploit on Tuesday, resulting in millions of gems (in-app tokens) being acquired illegally. The platform is quite popular among mainstream brands such as Marvel, Pixar, and Coca-Cola, that have chosen Veve as their official launch partner. In an official tweet published on Wednesday, Veve acknowledged the exploit on its platform and said that the attackers managed to acquire a “large amount” of gems illegitimately. The app-based NFT platform has shut the marketplace along with the gems purchase option…

NFT creator Yuga Labs raises $450M, bringing company valuation to $4B

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Yuga Labs, the creators of Bored Ape Yacht Club (BAYC) and new owners of the CryptoPunks and Meebits brands, announced it is now valued at $4 billion after its latest $450 million seed funding round. VC firm Andreessen Horowitz, or a16z, led the company’s first institutional investment, marking one of the largest seed rounds for any nonfungible token (NFT) collection to date. Other investors included Animoca Brands, FTX and MoonPay, as well as LionTree, Sound Ventures and Thrive Capital. The company plans to use the funds to scale its team, attract…