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

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

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

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

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

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

Crypto Scammer Faces $1.2M Payout for NFT Theft through Apple Support Deception

1 min read

In the most recent crypto-related case, Amir Hossein Golshan, a 25-year-old Los Angeles man, was sentenced to eight years in federal prison and ordered to pay $1.2 million in restitution. Golshan orchestrated a series of scams in which he posed as an Apple support representative, stealing non-fungible tokens (NFTs) and crypto through tactics such as SIM swapping and social media account takeovers. Over the course of several years, Golshan’s crimes

The Simpsons Features NFTs and Blockchain in Halloween Episode

1 min read

In a special Halloween episode of The Simpsons, titled “Treehouse of Horror 34,” non-fungible tokens (NFTs) and blockchain technology took center stage. The episode, known for its spooky and satirical takes on pop culture, made several humorous references to the world of on-chain NFTs in its first chapter, titled “Wild Barts Can’t Be Token.” For those not familiar, NFTs are a unique type of cryptocurrency asset that allows holders to

Leading NFT Exchange, OpenSea, To Cut Off 50% Of Its Workforce

2 mins read

OpenSea, the largest NFT marketplace, announced on Friday that it was parting ways with half of its workforce. CEO Devin Finzer shared a detailed nine-part Twitter thread outlining their plans to revamp the OpenSea product line and corporate culture. This decision is a crucial part of OpenSea’s strategy to streamline operations and foster innovation, a plan that Finzer had recently discussed on social media. The goal is to create a

Artmarket.com: Interview with digital artist Josh Pierce, whose NFT ‘Flow’ is on the cover of the Artprice 2023 Contemporary Art Market Report 

13 mins read

PARIS, Oct. 30, 2023 /PRNewswire/ — Artprice is proud to present the NFT work Flow by Josh Pierce on the cover of its latest Annual Report on the Contemporary and Ultra-Contemporary Art Market,  published just in time for the Frieze London and Paris+ by Art Basel art fairs and available for free. “Digital creation brings a wonderful breath of fresh air to the art world” enthuses thierry Ehrmann, CEO of Artmarket.com and Founder of Artprice. “This artistic turning point

Yuga Labs announces plans to streamline its workforce and refocus on core projects

1 min read

Yuga Labs, a leading NFT developer, has announced plans to streamline its workforce and refocus on core projects. The decision to restructure was outlined in an email from CEO Daniel Alegre on October 6, who explained the need to adapt to the current market conditions. Alegre acknowledged that the company had taken on numerous projects, some of which extended beyond their expertise and stretched their resources thin. He noted, “I

Donald Trump NFTs Experience Surge in Trading Amidst Eventful Week

2 mins read

The Trump Digital Trading Cards, a collection of non-fungible tokens (NFTs) featuring illustrated depictions of Donald Trump, have experienced a significant upswing in both price and trading volume. This surge has been attributed to a week filled with noteworthy events in the US political landscape. The boost in trading activity is closely tied to two key developments: the release of Donald Trump’s mugshot and his interview with former Fox News

Yuga Labs Ends Collaboration with OpenSea Amidst Creator Royalties Dispute

2 mins read

Yuga Labs, the driving force behind the iconic Bored Ape Yacht Club (BAYC) NFT collection, has made an announcement. The developers have decided to terminate their partnership with OpenSea, a leading NFT marketplace. This move comes as a reaction to OpenSea’s upcoming shift towards a discretionary royalty structure, which has stirred a considerable response within the NFT community. OpenSea, a prominent platform for trading non-fungible tokens (NFTs), recently unveiled changes