Crypto platform Paxful removes ETH from its marketplace
Paxful CEO Ray Youssef highlights Ethereum’s move to proof-of-stake, perceived centralization and token minting ability as reasons for the move. Go to Source Powered by WPeMatico
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Russian Social Media Giant Vkontakte Launches NFT Service
Russia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in the future as the company intends to establish a marketplace for non-fungible tokens. Vkontakte Users to Showcase Their NFTs, Set Them as Avatars The leading … Read more
GameStop to drop crypto efforts as Q3 losses near $95M
The gaming company has stopped its cryptocurrency-related focuses but is seemingly still pushing ahead with its NFT and blockchain plans. Go to Source Powered by WPeMatico
Magic Eden follows OpenSea with NFT royalty enforcement tool
The open-source Open Creator Protocol of the NFT marketplace will enforce NFT creator royalties for new collections that opt-in to the tool. Go to Source Powered by WPeMatico
OpenSea Seaport Protocol onboards creators and NFT holders on BNB Chain
BNB Chain’s integration into the Seaport Protocol aims to provide BNB Chain creators with multiple creator payouts, real-time payouts and collection management. Go to Source Powered by WPeMatico
ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched
The U.S. made the list of regions blocked from using an upcoming website for ApeCoin staking with the related DAO claiming regulations are to blame. Go to Source Powered by WPeMatico
OpenSea to enforce creator royalties on all collections after community outcry
The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post. Go to Source Powered by WPeMatico
OpenSea launches new “on-chain” tool to enforce NFT royalties
Royalty enforcement tool only applies to new NFT collections at this stage, with a decision to be made on existing collections at a later date. Go to Source Powered by WPeMatico
Ukraine’s Kharkiv Art Museum Launches NFT Collection With Binance to Raise Funds, Secure Jobs
The art museum in the Eastern Ukrainian city of Kharkiv has partnered with cryptocurrency exchange Binance to offer non-fungible tokens (NFTs) of some of its most valuable artworks. Proceeds from the auction will be used to restore the museum’s activities and support its staff. Ukrainian Museum to Sell 15 Works of Art as Digital Collectibles … Read more
Industry exec explains why NFT fraud protection falls on brand and not marketplaces
Brands that issue NFTs should hold the greatest responsibility to protect themselves and potential investors from fraud, an NFT security executive suggested. Go to Source Powered by WPeMatico
