Tag: NFT

Blue chip collaterals help stabilize NFT lending: Paraspace

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According to a recent report published by nonfungible token (NFT) money market protocol Paraspace and multichain wallet BitKeep, the current amount of NFT borrowing and lending, or NFTFi loans, has surpassed $430 million across 43,521 borrowers. The highest proportion of collateral comprised the most popular NFT collections, such as Wrapped CryptoPunks, Bored Ape Yacht Club and Mutant Ape Yacht Club. Researchers at Paraspace and BitKeep said that NFTFi added $25 million in outstanding loans from January to March. Also contributing was the introduction of a digital collectible lending protocol by…

GameStop NFT back in the spotlight after partnership with Illuvium

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On June 5, Ethereum blockchain game developer Illuvium announced a partnership with video game and consumer merchandise retailer GameStop to debut a 20,000 nonfungible token (NFT) collection starting June 12. As told by developers: According to developers, the “Illuvitars” NFTS are “dynamic collectable works of art, representing a specific avatar of an Illuvial with a distinct expression. Each Illuvitar carries a power rating, determined by its rarity, which helps you climb the leaderboard.” Each “GameStop x Illuvitar D1SK NFT” will contain a unique GameStop-branded “Illuvitar,” which developers say possess “108…

NFT hacker’s new technique introduces new feature to Blur market

A hacker known as “Pink Drainer” has discovered a method to enable private sales on Blur, a platform that typically does not offer this feature. This revelation, first shared by Twitter user Quit, has the potential to alter the dynamics of the NFT marketplace significantly. Pink drainer has learned how to hack his way into enabling private sales on Blur. Normally, Blur doesn’t offer private listings. Any listing you create is open to be fulfilled by anybody. But lately, Pink has been buying items for 0 eth on Blur. How?1/🧵…

Japanese Airline ANA Launches NFT Marketplace

Japan’s largest airline group holding company All Nippon Airways (ANA) has launched a non-fungible token (NFT) marketplace featuring aviation photography, digital collectibles and more on the Ethereum blockchain. At launch, the marketplace supports the MetaMask wallet as well as payments with fiat currency via credit card. Source

Sotheby’s to auction failed 3AC’s NFT collection

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The “Grails” non-fungible tokens, created by failed crypto hedge firm Three Arrows Capital, will soon be available for acquisition at Sotheby’s auction. Sotheby’s has announced its plans to facilitate the auction of 37 “Grails” NFTs next month, promoting it as the “most extensive live auction of digital art ever witnessed.” The auction house aims to generate revenue exceeding $5 million, setting a remarkable precedent in this burgeoning market. Adding an air of intrigue to the event,…

Pixel Penguin accused of ‘charity rug,’ Epic adds new NFT games and more…

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The Pixel Penguin alleged ‘charity project rug’ Nonfungible-token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain investigator ZachXBT has alleged is a “charity project rug.” The project quietly launched in February, but drew a lot of attention on May 31 following a Twitter thread from Web3 influencer Andrew Wang. I woke up today to see one of my friends trending on twitter, @Hopeexist1. she made a collection to help herself battle cancer and some awesome web3 people spotlighted her today, so i’d like to…

Fewocious Teases Upcoming Fewo NFT Collection

According to its website, Fewos are characters in Fewoworld, Fewocious’ Web3 universe of digital art. The three species of Fewo NFTs – Frankenstein, Misunderstood, and Humanoid – have their own unique artistic traits. There are no details on the price of the NFTs at this time. Source

NFT collections take massive price hit in 2023: Nifty Newsletter, May 24–30

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In this week’s newsletter, read about some of the most popular nonfungible token (NFT) collections and top metaverse properties taking massive price hits in 2023. Check out how the Hong Kong Police Force launched its own metaverse platform, and how Reddit’s digital collectibles have managed to onboard almost 10 million users to the crypto and NFT space. In other news, infamous crypto hater Peter Schiff has launched his own NFT collection on Bitcoin Ordinals.  Popular NFT collections take massive price hit in 2023 The value of popular NFTs from 2022…

Sotheby’s To Auction Dmitri Cherniak’s The Goose at Second 3AC NFT Sale

“For the live auction, we specifically wanted to focus on showcasing generative art, and the sale was curated to reflect not only the collection’s deep holdings of some of the most sought-after and renowned generative artists in the movement, but also to spotlight the wider community of artists pushing the boundaries of the algorithm-based art,” Micahel Bouhanna, Sotheby’s head of digital art and NFTs, told CryptoX. Source 3ACAuctionCherniaksDmitriGooseNFTSaleSothebys CryptoX Portal

0xDEAFBEEF, NFT Creator – Cointelegraph Magazine

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When NFTs first took off, it was Beeple’s digital art, CryptoPunks and Bored Ape Yacht Club PFPs that dominated the headlines and top sales — but one individual bucked the trend in a unique way, garnering attention with generative audiovisual art using just a C compiler.  That individual was 0xDEAFBEEF, an artist and engineer based in Toronto, Canada who’s spent over 20 years experimenting with art, technology, music, generative art, computer animation, blacksmithing and sound recording.  Using low-level computer code and a minimal toolset to craft raw information into audiovisual…