NFT

The new burn NFT feature launched by Phantom will help users to permanently burn spam NFTs The initiative has been launched to curb malicious activities on Phantom and bolster its security up a notch Solana blockchain-based Phantom wallet is amping up its security features by launching a new mechanism called “Burn NFTs” on its platform. 

Tina.Org has called out celebrities for endorsing NFTs without disclosing their material connection with them  The team had also sent letters to several celebrities, urging them to disclose their intent behind promoting such NFTs on social media Consumer watchdog/regulator Tina.Org popularly known as Truth In Advertising has recently published a statement calling out famous Hollywood

Barca studios have sold its 24.5% stake to Orpheus Media According to a tweet shared by Socios CEO Alexandre Dreyfus, the following acquisition will help boost web3, and NFT content development.  Sharing more details, Dreyfus added that the firm will now be known as Barca Digital and Entertainment.  In a recently published statement today, a

Magic Eden submits a proposal to launch the “ApecoinDAO” NFT marketplace The marketplace intends to provide utility to Apecoin holders by building a custom marketplace to trade and purchase NFTs.  Leading Solana NFT marketplace Magic Eden has submitted a proposal to the ApecoinDAO to build a special NFT marketplace for $Apecoin users.  Magic Eden Proposes

Summary: Meta’s digital collectible feature for creators and collectors expands its reach. More than 100 countries in Africa, Asia-Pacific, the Middle East, and the Americas will receive access to NFTs on Instagram. Support for Coinbase wallet and Dapper will follow the expansion. Users can connect to Instagram with other wallets like Metamask and Trust wallet

Leading Solana NFT Marketplace Magic Eden announces support for Ethereum NFTs The firm will also be adding comprehensive features to allow users to trade ETH NFTs and make payments in SOL/ETH or via credit cards.  Magic Eden, the Solana-centric NFT platform is expanding its base and has recently announced multichain support for the Ethereum blockchain. 

Summary: Blockchain-based sports engagement platform Socios.com announced a $100 million investment in Barca Studios. The capital injection is designated for the football club’s Web3 strategy investment. This could include blockchain services, NFTs, and digital asset operations, per today’s announcement. Socio.com owner Chiliz acquired a 24.5% stake in Barca Studio as part of the agreement. The

Tiffany and Co is spearheading a venture dubbed NFTiffs, enabling Cryptopunk NFT holders to turn their NFTs into a custom pendant The jewelry makers will issue 250 passes at 30 ETH,  enabling these holders to get their Cryptopunks NFTs customized into bejeweled pendants.  NFTs have taken the world by storm and have become one of

Miami City Mayor has announced a new NFT venture in collaboration with Time magazine, MasterCard, and Salesforce The city will be launching 5000 ethereum NFTs designed and created by 56 local artists The venture is set to bolster local businesses and help them earn more revenue.  Miami City mayor Francis X Suarez recently unveiled plans

Linkedin Founder Reid Hoffman is all set to launch his NFT collection on Magic Eden The collection uses images generated by the OpenAl image generating platform Dall-E LinkedIn founder Reid Hoffman took to Twitter to share his NFT initiative, adding that he is experimenting and creating NFTs via OpenAI powered image-producing platform called Dall-E. LinkedIn

NFT influencer Zeneca’s account was hacked in a phishing scam The hacker posted a fake airdrop message to trick users into connecting their wallets with the malicious link The impact of the attack is yet to be revealed.   NFT phishing attacks are no stranger to the NFT community, however, they are now rising at an

OpenSea’s co-founder Devin Finzer announces that they are laying off 20% of the OpenSea staff.  The firm will be helping its employees find a new jobs and will also be offering them several benefits including a generous severance pay option.  The dreaded crypto winter has finally struck the leading NFT marketplace OpenSea. On July 14,

Summary: The government of Shanghai seems to be warming up to NFTs. It has recommended the exploration and development of NFT trading platforms. Shanghai’s government sees NFTs as a means of protecting Intellectual Property and digital rights. However, the recommendation was not at the national level and was only made by Shanghai’s government. Shanghai’s government

Summary: The conceptual artist hired legal counsel from WilmerHale, a reputable law firm with offices across three continents. Ripps made the move ahead of a court case with Bored Ape Yacht Club creators Yuga Labs. The artist supposedly has eyes on a $100 billion settlement. Yuga Labs claimed that Ripps attempted to devalue the BAYC

Summary: Solana’s biggest non fungible marketplace plans to bolster startups focused on web3 game projects. The platform has launched a dedicated venture department dubbed Magic Ventures to this effect. Former Tencent Games’ Tony Zhao will lead Magic Eden’s new arm. ME is a crypto unicorn and valued at a whopping $1.6 billion. The company also

GameStop NFT marketplace is now live  The marketplace will permit users to explore different NFT collections.  After much anticipation and hype, video game giant GameStop has finally unveiled its own NFT marketplace.   GameStop NFT Marketplace Is Now Live The video game retailer has finally launched its own digital collectible marketplace for the users to purchase