NFT

Donald Trump’s NFTs Surge Amidst NFT Market Dip in January

January 31, 2024 1 min read

In the third week of January, the NFT market experienced a dip, with trading volumes falling to $223 million, a 23% decrease from the previous week. Despite the overall downturn, the number of NFT enthusiasts continues to grow, with over 730,000 collectors actively participating, representing a 35% increase in interest. Despite the difficulties encountered by various NFT collections, there is one exception: Donald Trump’s NFTs. The former president’s NFTs are

South Korea’s KT Corp shuts down NFT platform MINCL

January 26, 2024 1 min read

KT Corporation, South Korea’s telecommunications giant, has decided to close its NFT platform, MINCL, citing changing business conditions as the primary reason. This move is consistent with a larger trend in the region, in which several companies are reconsidering their participation in Web3 projects. MINCL users are urged to transfer their NFTs to alternative e-wallets before the platform is shut down on March 4. MINCL, which launched in April 2022,

X (Twitter) Deactivates NFT Profile Images Feature for Users

January 11, 2024 1 min read

In an unexpected move, Twitter, dubbed the “X” of the online world, has disabled support for non-fungible tokens (NFTs) in its premium membership section. Premium subscribers initially had the unique ability to showcase their NFT holdings through personalized profile pictures, adorned with a distinct hexadecimal profile photo. Users could seamlessly feature an NFT as their profile image after establishing a temporary link to their cryptocurrency wallets. When finished, the digital

Logan Paul pledges $2.3 million to refund CryptoZoo NFT investors

January 7, 2024 1 min read

Logan Paul is stepping up to the plate, pledging over $2.3 million to compensate investors who were let down by his doomed NFT project, CryptoZoo. Paul took to X to announce a buy-back program, admitting the project’s failure and pledging to make things right. Despite admitting that the venture fell short of expectations, Paul blamed CryptoZoo’s demise on “bad actors.” Despite initial excitement and comparisons to popular games, the project

Ethereum Wallet Linked to Trump’s NFTs Reportedly Moves $2.4M Worth Of ETH

December 28, 2023 1 min read

An Ethereum wallet allegedly linked to former President Donald Trump has recently come under scrutiny for transferring millions of dollars in crypto, which is thought to be proceeds from the sale of non-fungible tokens (NFTs). These findings were highlighted in a December 27 report by Arkham Intelligence, which raised concerns about the financial activities associated with Trump-themed NFTs. Over the last three weeks, the Ethereum wallet in question transferred 1,075

Nifty Island Launches $ISLAND Token for Public Access to Social Metaverse Game

December 22, 2023 1 min read

Nifty Island, Nyft Studio’s open social metaverse game platform, has announced plans to launch its native token, $ISLAND. This scarce digital commodity aims to turn Nifty Island into a public good that can be accessed by communities all over the internet. The token distribution event is set to begin on January 17, 2024. In contrast to traditional methods such as minting or pre-sale, $ISLAND tokens will be distributed via a

OKX NFT Marketplace Surpasses $50M Daily Trading Volume

December 19, 2023 1 min read

OKX‘s NFT has outperformed major players such as OpenSea, Blur, and Magic Eden, with a staggering daily trading volume exceeding $50 million. This milestone, reported by DappRadar, occurred around 10:00 a.m. UTC on December 18, demonstrating OKX NFT Marketplace’s market dominance. While the platform’s daily trading volume has decreased slightly to $35 million, it still has a significant lead over other well-known NFT markets. The combined 24-hour trading volume of

Massive NFT Heist: NFT Trader Platform Hacked, Millions Worth of NFTs Stolen

December 18, 2023 1 min read

The peer-to-peer trading platform NFT Trader was hacked in a major security breach, resulting in the theft of numerous valuable NFTs, including those from the renowned Bored Ape Yacht Club (BAYC). Following the incident, NFT Trader contacted its user base urgently, urging them to revoke access to two compromised smart contracts to prevent further exploits. In a Twitter post responding to the hack’s aftermath, NFT Trader emphasized the importance of

nftperp Raises $3 Million Series A Round to Accelerate NFT Perpetual Futures Trading

December 14, 2023 3 mins read

San Francisco, California, December 14th, 2023 Round Led By 1kx, With Participation From Maven 11, Mechanism Capital, and Notable Angels nftperp, the first NFT perpetual futures DEX, today announces the close of its Series-A round totaling $3 million. nftperp empowers users with a seamless, efficient and decentralized platform to take long or short positions on the floor of select blue-chip NFT collections. Through its sophisticated, open-source protocol, nftperp blends the

Revolutionizing Digital Collectibles: MyGeoTokens Unveils A New Groundbreaking NFT Marketplace

December 14, 2023 3 mins read

Edmonton, Canada, December 14th, 2023 A fusion of patent-pending geospatial tech with NFTs for next-gen marketing & immersive experiences In an era when Web3 has begun integrating with the real world events, MyGeoTokens redefines the meaning of use case and tangible utility by developing a geospatial NFT marketplace. Bridging patent-pending proof of location technology with existing NFT capabilities, digital marketing and on-location experiences are elevated to increase attention, engagement, and

Donald Trump Launches Exclusive ‘Mugshot Edition’ NFTs at $99, Offering Unique Rewards

December 13, 2023 1 min read

Donald Trump, the former President of the United States, has again entered the world of NFTs with a new ‘Mugshot Edition’ collection priced at $99 each. This announcement has not only sparked interest among collectors, but it has also resulted in a price increase for Trump’s previous NFT releases. The ‘Mugshot Edition’ NFT collection is inspired by Trump’s legal history and includes one-of-a-kind cards, some of which are personally signed

Cristiano Ronaldo Faces Lawsuit Over Binance Crypto Promotions Amid SEC Charges and $4.3B Fine

November 29, 2023 1 min read

Cristiano Ronaldo, the football sensation, is now at the center of a lawsuit over his promotion of the crypto exchange Binance. The lawsuit, filed in Florida on November 27, alleges that Ronaldo promoted and sold unregistered securities in collaboration with Binance. Binance collaborated with Ronaldo in 2022, using the football star’s celebrity to promote a series of non-fungible tokens (NFTs) featuring the renowned athlete. According to the lawsuit, Ronaldo’s support