If you’ve been around the NFT space, you’ve likely seen Nouns’ playful pixel art images featuring signature bright colors and simple blocky designs. As time goes on, you’ll definitely see these unique characters more and more frequently. Unlike most NFT projects that have a set number of supply before mint, Nouns is an infinite work of art. One Noun NFT is generated every single day “forever.”
As a community-driven ...
‘Blue chip’ floor prices near two-year lowsThe largest nonfungible token (NFT) collections by market capitalization are in a sea of red as the cheapest NFTs in their collections took dives over the past week, with some hitting near two-year lows.Yuga Labs’ flagship Bored Ape Yacht Club (BAYC) collection — the second largest by market cap, according to CoinGecko — hit a floor price of 27.7 Ether ETH $1,958 or $54,200 on July 3, a level no...
The explosion of interest in artificial intelligence has drawn attention not only to the astonishing capacity of algorithms to mimic humans but to the reality that these algorithms could displace many humans in their jobs. The economic and societal consequences could be nothing short of dramatic.
The route to this economic transformation is through the workplace. A widely circulated Goldman Sachs study anticipates th...
In a significant move to bolster investor protection, South Korea’s National Assembly recently approved the Virtual Asset User Protection Act, the country’s first legal framework devoted to digital assets. The legislation, an amalgamation of 19 proposals from lawmakers, is expected to come into effect in one year, according to the Assembly’s official website.
The South Korean government’s initiative is led by a bipa...
Authorities in Hong Kong have established a dedicated task force aimed at promoting the development of Web3. The initiative, announced by the Government of the Hong Kong Special Administrative Region, signals the city’s determination to position itself as a leading player in the Web3 space. Led by Hong Kong’s financial secretary, Paul Chan, along with other government officials and regulators, the task force comprises 1...
A new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea. On July 3, PeckShield highlighted several data points on NFTs, including the value stolen in June, how long it takes for stolen NFTs to be sold and which NFT marketplaces are used to sell the stolen assets. According to the security company, $2.27 million of ...
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL.
Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s becoming increasingly difficult to keep up with all the news, launches, and general happenings.
Well, you can put the days o...
The Federal Reserve’s upcoming instant payment system, FedNow, released its list of certified “early adopters” on June 29. The organizations on the list have been certified as ready to connect with the platform when it launches in late July. No blockchain networks are on the list, despite at least two having previously announced that they would connect to the instant payment system.The FedNow service stated that some organizations not on th...
After two years of work in progress, the Ether project is finally coming to fruition, captivating Web3 with its long-awaited debut.
Ether has officially begun its first phase of minting. However, the June 30 mint is available to allowlist holders only. While the PFPs have not been unveiled yet, enthusiasts eagerly await the public sale, which is set to go live in just a week.
Mint information
The public sale of...
Welcome back to Now Runway, where we report to you from the frontlines of the digital fashion and luxury revolution. Today we are reporting to you from the gorgeous coastline of Positano, where summer prints are in abundance, and there is hardly a screen in sight as service is spotty in the hills of this village.
Read ahead to see what you missed this week, including a Dior digital twin sneaker release, SYKY Collect...
