NFT

How are Data NFTs helping build a decentralized data economy?

“The unfortunate fall of FTX and the resulting loss of customer funds has undeniably cast a shadow over the cryptocurrency exchange industry, particularly CEXs,” told senior research analyst at Nansen, Osgur Murphy O Kane. Together with Bitget’s managing director Gracy Chen, they discussed the state of the CEX landscape after the FTX collapse in a recent Cointelegraph live AMA session.Speaking about the trends happening in the CEX space, th...

Base network has officially launched: Here’s how it can be used

Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team.Several Web3 development teams have simultaneously announced that they are releasing apps for Base, and the network’s team has released a schedule of upcoming events to celebrate its launch.Base is open and Onchain Summer is here Become a...

Introducing Infinity Checks: A Bold Answer to Volatile NFT Trends

In the rapidly evolving landscape of digital art, one name continues to reverberate with unprecedented success — Jack Butcher. Alongside his adept team, Visualize Value has already etched its mark in history by creating two successful and innovative collections: Checks and Opepen. And now, it’s back with its newest project, Infinity Checks. With Infinity Checks, Butcher and his partner-in-crime, Jalil, are embarking ...

Leonardo da Vinci’s ‘Salvator Mundi’ to be Minted as an NFT, But Does It Make Sense?

Leonardo da Vinci’s Mona Lisa. Van Gogh’s Starry Nights. Auguste Rodin’s The Thinker. Claude Monet’s Nympheas.  Each of these original art masterpieces are all part of an ongoing partnership and licensing deal that allows for these works to have their own official digital collectible (NFT).  The World’s Most Expensive Painting Salvator Mundi, which is considered to be the world’s most expensive painting, is get...

Exclusive: John Van Hamersveld’s Iconic 60s Vibes Transcend Time with AI-Powered NFT Drop

John Van Hamersveld, the iconic graphic artist known for designing record jackets for pop and psychedelic bands since the 1960s, is now making waves in digital art. His latest NFT drop features a captivating collection of AI-generated images inspired by his iconic album designs from the 60s. Van Hamersveld’s contributions as an illustrator and graphic designer and his willingness to embrace evolving trends and technologies...

Gala Games Shifts NFTs to GalaChain; Partners with Elixir Games

Web3 gaming platform Gala Games announced on Monday that it would be relocating its unsold and reserved NFT game items from the Ethereum network to its newly launched proprietary blockchain, GalaChain, which will allow gamers to use their NFT game items without paying Ethereum gas fees.  The platform is committed to creating AAA game experiences that concentrate on player ownership, with several releases this past ye...

The Gateway Korea: Q&A with Krista Kim, DeeKay Kwon, and Grant Yun

As we eagerly await the arrival of The Gateway Korea, we invite you to join us on the journey to our flagship event going global. The Gateway will feature an audio-visual gallery where art, technology, and community unite. Attendees will also be able to engage in fireside chats with visionary creators worldwide, representing both Western and Eastern cultures. As we are on the road to Korea, we’ve interviewed some of the bi...

Amidst NFT Market Downturn, Could There Be a Glimmer of Hope?

For the fifth consecutive month, the digital collectibles (NFT) market has continued to show a significant decline, with sales falling to $495.6 million in July – the lowest level since April 2021.  According to data from NFT aggregator CryptoSlam, NFT sales have been declining since February, when the sector saw sales hit a staggering $1.2 billion. The average sale in July was just $47, indicating a reduced interest...

Nifty News: Trader nabs 800 ETH by baiting a bot, NFT thefts slow and more

NFT trader’s $1.5 million bot chess moveYouTuber and nonfungible token (NFT) trader Hanwe Chang said he scored 800 Ether ETH $1,826 , worth around $1.5 million, by tricking a rival trader’s bot into buying his own inflated NFTs.In an Aug. 5 X (Twitter) post, Chang said he noticed a bot was copying his bids on the NFT marketplace Blur and decided to trick them.NFT-focused account, A Raving Ape, speculated that from a separate, anonymous wa...

FBI warns of phishing scams and social media account hijackers

The United States Federal Bureau of Investigation (FBI) has warned of criminal actors hijacking social media accounts and posing as legitimate people in the nonfungible token (NFT) and crypto space. It also raised concerns over spoof websites that dupe victims into thinking they are using legitimate platforms to steal their NFTs or crypto. The warning comes as the number of victims having their funds drained from these two types of scamming...
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