DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining. Original
Tag: NFT
NFT Monthly Trading Volume Down, Sales Consistent: DappRadar
Sara Gherghelas, a blockchain analyst at DappRadar, told CoinDesk that the number of NFT sales appears to be on track to reach or surpass last month’s numbers, as opposed to trading volume, which is significantly lagging behind last month’s count. In her view, this could signal that there are more NFT traders in the market making smaller dollar-figure trades. Source
NFT Creator – Cointelegraph Magazine
With a total artwork value of $24 million Trevor Jones is one of the Top 10 most successful crypto artists worldwide. Trevor Jones’ journey to crypto art stardom started the same way as many crypto noobs: His portfolio went way up, he failed to take profits, and the price came crashing down wiping out the paper gains. A traditional painter, Jones always wanted to explore the intersection of art and technology, and he experimented with QR code oil paintings in 2012 and dived into AR art in 2013. But it was…
Bitcoin Frogs outpaces Bored Apes as the most popular NFT
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In the last 24 hours, Bitcoin Frogs has surpassed Bored Apes as the most exchanged collection of non-fungible tokens (NFTs). This achievement represents a significant step forwards for the developing Ordinals market. The collection has produced $2m worth of trading activity thanks to its roughly 700 individual transactions. Top 10 NFT sales snap | Source: CryptoSlam According to the statistics provided by CryptoSlam, the well-known Bored Ape Yacht Club, which now holds the distinction of having…
‘Bitcoin Frogs’ Become Most Traded NFT Amid Bitcoin Ordinals Hype
Bitcoin Frogs, which launched in late February on Bitcoin Ordinals, reached trading volume of over $2.2 million, data from CryptoSlam show. The collection describes itself as “10,000 unique frog collectibles minted directly on the Bitcoin Blockchain.” Original
US Secret Service has an NFT collection: Nifty Newsletter, May 10–16
In this week’s newsletter, read about the United States Secret Service’s nonfungible token (NFT) collection, and how Elon Musk’s tweet caused a surge in an NFT collection’s floor price. Check out how someone tried to sell an image for Bitcoin (BTC) months before the infamous Bitcoin Pizza Day, and learn about LG’s new patent for an NFT-trading TV. And don’t forget this week’s Nifty News, featuring the popular gaming franchise Assassin’s Creed revealing its “smart collectibles.” Secret Service owns crypto, loves blockchain and has an NFT collection: Reddit AMA In…
China’s Top Prosecution Agency Warns NFT Users of Possible Economic Exploitation via Price Manipulation
Coinspeaker China’s Top Prosecution Agency Warns NFT Users of Possible Economic Exploitation via Price Manipulation The Chinese government has pushed the country to digital economy adoption post-Covid-19 global pandemic. The country has significantly rolled out the digital yuan in anticipation to widen the adoption of its currency as a global reserve. The digital Yuan is expected to significantly help improve the overall liquidity of cryptocurrencies in the Asian continent. Moreover, Hong Kong is preparing to adopt crypto-friendly regulations next month, which has significantly attracted Chinese banks to invest in crypto…
Toy Maker Mattel to Launch Fast & Furious NFT Collection
The new collection is part of Mattel’s Hot Wheels NFT Garage Series and will be based on the Fast & Furious film franchise. The non-fungible token (NFT) market is set to move at the speed of fast cars, thanks to the decision of iconic toy maker Mattel to launch a new NFT collection. According to Mattel, the new collection is part of its Hot Wheels NFT Garage Series and will be based on the Fast & Furious film franchise. With the launch slated for May 22, the collection will go…
Chinese prosecutors to crack down on ‘pseudo-innovation’ in NFT market
On May 15, the Supreme People’s Procuratorate of the People’s Republic of China — the national agency responsible for legal prosecution — shared its thoughts on the nonfungible token (NFT) market. In an article, three authors outlined the prosecutors’ vision of the market risks and the reasons to enforce them more actively. The article pays attention to the tendency of “securitization” of NFTs, i.e., the shared ownership of one copy by multiple users, which, in the authors’ opinion, no longer corresponds to criteria of non-reproducibility, indivisibility and uniqueness. Among other threats,…
World’s First Web3 TV Show for NFT Entrepreneurs
The emergence of crypto TV shows can be attributed to several factors, including the increasing popularity of crypto, the growth of DeFi, and the interest of investors in the potential of blockchain technology. Popular crypto analytics service provider CoinMarketCap in partnership with HELLO Labs has launched the world’s first Web3 TV show dubbed Killer Whales. According to the announcement, filming has been scheduled for June in Los Angeles, with the show set to air later this year on a combination of the world’s largest streaming platforms in over 55 countries.…