News

Reef creates a graffiti and electronic music artists NFT team

March 28, 2022 2 mins read

Reef, a layer 1 Substrate-based blockchain for DeFi, NFTs, and gaming, announced today the establishment of a new NFT division aimed at interacting with graffiti and electronic artists while also scaling up its blockchain to make it more NFT-friendly. Reef has been quietly working behind the scenes for the past two months to get its contribution to the NFT landscape off the ground. They’ve brought on Philip Galaviz, a well-known

The SEC is looking into the NFT market for possible securities violations

March 3, 2022 1 min read

In a new wave of regulatory action against unregistered securities, the SEC has targeted NFT inventors and marketplaces for illicit activity. According to a Bloomberg article, the US Securities and Exchange Commission (SEC), led by crypto-skeptical Chairman Gary Gensler, is apparently investigating NFT developers and markets for securities breaches. Furthermore, reports from anonymous sources noted that the SEC is looking into whether “some non-fungible tokens… are being used to generate

The SEC is looking into the NFT market for possible securities violations

March 3, 2022 1 min read

In a new wave of regulatory action against unregistered securities, the SEC has targeted NFT inventors and marketplaces for illicit activity. According to a Bloomberg article, the US Securities and Exchange Commission (SEC), led by crypto-skeptical Chairman Gary Gensler, is apparently investigating NFT developers and markets for securities breaches. Furthermore, reports from anonymous sources noted that the SEC is looking into whether “some non-fungible tokens… are being used to generate

Terra (LUNA) Hits a New All-Time High at $45 With Its Mainnet Upgrade

December 12, 2021 1 min read

Terra (LUNA) reached a new all-time high of over $45 amid the launch of ‘Project Dawn’ and the upcoming Columbus-5 mainnet upgrade. LUNA, a blockchain protocol that concentrates on global payment methods powered by UST stablecoin, hit a new all-time high. Terra’s started in January 2018 but its mainnet was launched in April 2019. Moreover, Terra (LUNA) produced stablecoins tightened to the U.S. Dollar, South Korean Won, Mongolian Tugrik, and

SushiSwap Unveils Future NFT Platform, Shoyu

September 3, 2021 1 min read

SushiSwap’s future non-fungible token (NFT) platform, Shoyu, has now gone live. According to Shoyu, the website for SushiSwap’s forthcoming non-fungible token (NFT) platform, Shoyu, is now live. The team posted on TikTok, saying, “In a desert of NFTs, an oasis is emerging.” Also, the Shoyu noted that “a new oasis is an NFT desert.” In TikTok, desert-themed images are leading to the Shoyu domain name. Moreover, shoyunft.com now showcases a

OKEx Exchange Launches NFT Marketplace and DeFi Hub

September 3, 2021 1 min read

OKEx is expanding its decentralized finance (DeFi) work by starting a non-fungible token (NFT) marketplace and DeFi Hub. In a statement, the world’s second-largest crypto derivatives exchange by trading volume, OKEx said it has launched DeFi Hub. It is a platform that allows users to observe and manage decentralized assets across several blockchain networks and DeFi protocols. What is more, OKEx joined the list of crypto exchanges like Binance by

Mr. Bojangles NFT Drops Tomorrow

September 2, 2021 1 min read

ANFT marketplace announced that Mr. Bojangles NFT collection is expected to go on pre-sale tomorrow. According to reports, Mr. Bojangles is 6969 generative 8-Bit Sloths that are created by Sleepy Sloth Finance on the Ethereum Costa Rican Jungle Metaverse. Also, the company stated that every Bojangle is entirely unique with over 200+ hand-drawn features. Thus, by securing their own gamified Mr. Bojangles NFT, users will be able to receive profits

Dolce & Gabbana Jumps On Board With NFTs

September 1, 2021 1 min read

Dolce & Gabbana brand enters the non-fungible tokens (NFTs) space. This is a huge move from the company to want to expand its business to the NFT world. As NFTs are booming, many investors and companies are interested in joining the industry in order to expand their businesses. And it seems like the world of fashion is increasingly jumping into digital assets such as CryptoPunks. Looking at this, Dolce &

Bollywood Star Amitabh Bachchan Launches His NFT Collection

September 1, 2021 1 min read

Bollywood Indian actor Amitabh Bachchan announced the launch of his own non-fungible tokens (NFT) collection this year. According to reports, the NFTs will be launched on BeyondLife.club, an NFT marketplace. More so, Amitabh Bachchan NFT collection will be rolled out in a joint between Indian film production firm Rhiti Entertainment and Guardian Link, a decentralized legitimacy protocol for NFT exchanges. The auctions will begin in October 2021. Arun Pandey, managing

Internet Computer (ICP) Releases 10,000 Free NFTs

September 1, 2021 1 min read

Internet Computer (ICP) announced it would release 10,000 free non-fungible tokens (NFTs) in its debut drop. Dfinity’s Internet Computer clown-based collectibles are inspired by musical duo Insane Clown Posse and the early NFT project, Cryptopunks. The firm said that users could claim their free token Wednesday at 8 pm UTC. According to reports, brothers Przemek and Tomasz Chojecki, alongside Adam Stępnik designed the NFTs based acronym comparisons to the 90’s

Tron CEO Justin Sun Buys the Second Most Expensive CryptoPunk, TPUNK 3442

August 31, 2021 1 min read

Tron CEO Justin Sun is at it again with some crazy expenses on non-fungible tokens (NFTs). Today, the CEO of Tron announced that he just spent $10 million on his first CryptoPunk, a pixelated digital avatar that has been attracting the wealthy since the beginning of the year. Justin Sun bought a CryptoPunk named TPUNK 3442. In addition, this is not the first time the CEO has spent a huge

A US National Hockey League Team Launches Its First NFT Collection

August 31, 2021 1 min read

Chicago Blackhawks, a professional NHL team, announced the launch of the team’s first non-fungible token (NFT) collection. Based on the website, the team makes licensed ERC-721 NFTs, with some being sold at a fixed price and others being auctioned to the highest bidder. According to Chicago Blackhawks NFT, the collection is on the Sweet platform using the Amazon Web Services (AWS) Content Delivery Network (CDN) to host the digital collectibles