Andreessen Horowitz (a16z), the venture capital behemoth known for its role in the ascension of Web3 platforms like Dapper Labs, Foundation, and more, has announced plans to establish its first international outpost in London.
The strategic move comes amidst an escalating climate of regulatory scrutiny towards crypto exchanges in the United States, highlighted by a recent lawsuit filed against Coinbase, a former An...
ApeCoin DAO — the Web3 organizational entity built up around ApeCoin, a cryptocurrency token created in the spring of 2022 as a part of the Bored Ape Yacht Club ecosystem — has come under fire for paying out exorbitant salaries to its leadership board and being out of touch with its own community.
On June 10, the ApeCoin DAO secretary, an individual who goes by the pseudonym Vulkan, posted an organizational chart on ...
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...
Kraken NFT marketplace exits its beta phaseCrypto exchange Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT platform highlighted it had expanded its number of NFT collections from 70 to over 250. According to Kraken, it will continue adding more collections to its marketplace.
Aside from the collection expansion, the firm also announced it had added support for the...
On Friday, June 9, Crypto.com, the Singapore-based cryptocurrency exchange, announced the suspension of its institutional exchange services in the United States, according to a statement from the company. The decision, set to take effect starting June 21, 2023, is primarily attributed to the lackluster demand from institutional customers in the prevailing market scenario.
Institutional clients, typically large, accre...
Web3 has no shortage of “crossover episodes,” moments in crypto art culture where projects, memes, and personalities bleed into and influence each other in significant ways. Beeple’s daily commentary on the NFT space is a good example of this, but he is far from the only influential voice turning existing trends into something fresh and new, whether that’s a simple observation or a fully-fledged Web3 project.
One of...
Generative artist Emily Xie has teamed up with the Los Angeles County Museum of Art (LACMA) to launch her latest collection, Interwoven. Xie, best known for her generative collection Memories of Qilin, is once again using the power of code to create enchanting pieces.
This collaboration between the notable artist and museum holds a unique impact, as LACMA has quickly become a hot spot for digital art. The museum star...
Luca Netz isn’t afraid to call his shots.
Fresh off the headline-grabbing success of the Pudgy Toys launch, which raised more than $500,000 in two days, the Pudgy Penguins CEO has his sights set well beyond simply dominating the Amazon toy charts.
“When we talk next, I will be the face of NFTs, and I’ll be on the path to being the number one NFT project in the world with the highest floor price,” he says. “That’s really ...
In this week’s newsletter, read about GameStop’s nonfungible token (NFT) platform partnership with game company Illuvium, and check out how NFTs can store digital assets, and how blue-chip NFT collaterals are being used in NFT lending. In other news, Nike’s NFTs are coming to EA Sports games, and don’t forget this week’s Nifty News, featuring upcoming blockchain games from Epic Games.GameStop NFT back in the spotlight after partnership with...
In a major development, the U.S. Securities and Exchange Commission (SEC) has lodged a comprehensive lawsuit against Binance, the world’s largest cryptocurrency exchange. The lawsuit, which details 13 separate charges, was filed in federal court on Monday, June 5, and accuses Binance of mismanagement of customer funds and deception towards regulators and investors about its operations.
“Through thirteen charges, we a...
