Category: nft

DOJ Indicts 6 People in 4 Crypto Scams Including Baller Ape NFT Rug-Pull    

DOJ Indicts 6 People in 4 Crypto Scams Including Baller Ape NFT Rug-Pull   

The US Department of Justice (DOJ) has indicted 6 people in 4 different cases of cryptocurrency frauds, including Baller Ape NFT rug-pull, worth nearly $130 million. Baller Ape NFT Scam According to a release from the agency, Vietnamese national Le Anh Tuan, 26, pulled down the website and fled with investors’ money after the first-day public […]

Continue Reading

Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys

Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys

Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn features and issue its own tokens. Cryptoys […]

Continue Reading

Portuguese Football Legend Cristiano Ronaldo in NFT Partnership With Binance

Portuguese Football Legend Cristiano Ronaldo in NFT Partnership With Binance

Cristiano Ronaldo, one of the world’s top-earning athletes, has entered into a partnership with Binance which gives his supporters a chance to join the footballer’s Web3 community. According to Ronaldo, his partnership with Binance is “going to change the non-fungible token (NFT) game and take football to the next level.” Iconic Piece of Sports History […]

Continue Reading

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine Government Sells Donated Cryptopunk Token for 90 ETH Ukrainian […]

Continue Reading

NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%

NFT Marketplace Opensea Migrates to Seaport Protocol, Transition to Cut Network Fees by 35%

On Tuesday, the leading non-fungible token (NFT) marketplace in terms of all-time sales, Opensea, announced it is migrating to Seaport, an open source Web3 marketplace protocol. Opensea says the Seaport protocol migration from the Wyvern protocol will cut network fees by 35%, and users will no longer have to pay an account initialization fee. Opensea […]

Continue Reading

Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’

Bill Gates: Crypto Is 100% Based on Greater Fool Theory — ‘I’m Not Involved in That’

Microsoft co-founder Bill Gates says crypto is an asset class that is 100% based on the Greater Fool Theory. The billionaire also mocked Bored Ape NFTs, stating: “Obviously, expensive digital images of monkeys are going to improve the world immensely.” Bill Gates on Crypto and NFTs Microsoft co-founder Bill Gates talked about cryptocurrency and non-fungible […]

Continue Reading

Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users

Blockchain.com Plans to Provide an NFT Domain Name to 83 Million Wallet Users

Blockchain.com has announced it has partnered with the Web3 digital identity platform and NFT domain name provider Unstoppable Domains in order to launch .blockchain NFT domains. The company says that in the next few weeks, 83 million Blockchain.com wallet users will get a free .blockchain domain. Blockchain.com Partners With Unstoppable Domains — Firms Launch 1st […]

Continue Reading

Mastercard to Implement Payments for NFT and Web3 Projects

Mastercard to Implement Payments for NFT and Web3 Projects

Payments giant Mastercard has announced it is working to bring direct payment support for a number of NFT and Web3 platforms with its cards. According to the company, this will enable more customers to enter the industry as the barrier to acquiring such digital goods is lowered via more flexible payment products. Mastercard To Enable […]

Continue Reading

Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea

Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea

Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development. Solana Ventures Reveals $100 Million Web3 Fund Dedicated to Finding Talent and […]

Continue Reading