BAYC’s ApeCoin up 50% this week as its creator raises $450M in new funding
APE has closed above a key interim support level, raising its possibilities to extend its rebound move. Go to Source Powered by WPeMatico
nft
Auto Added by WPeMatico
Japanese Software Giant Line Plans to Launch NFT Market Next Month
The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types of NFTs.” Japan’s Line Corporation to Launch LINE NFT Marketplace In … Read more
Gamestop Beta NFT Marketplace Launches, Platform Leverages Loopring’s ZK-Rollup Tech
On Wednesday, the head of growth at Loopring, Adam Browman, announced that the recently teased Gamestop NFT marketplace has launched its beta version using Loopring’s layer two (L2) technology. Browman says that with Gamestop’s new NFT marketplace leveraging Loopring’s ZK-rollup technology, the platform “inherits Ethereum’s self-custodial security while abstracting away costly gas-fees, leaving no one … Read more
Marvel NFT partner Veve closes its marketplace after an in-app token exploit
Twitter users have complained that the exploit has resulted in a sharp decline in the price of their Digital collectibles over the past week. Go to Source Powered by WPeMatico
Abu Dhabi rolls out draft recommendations for NFT trading
The emirate’s special economic zone might grant licensed exchanges the right to trade nonfungible tokens. Go to Source Powered by WPeMatico
Tommy Hilfiger to Showcase Spring 2022 Collections and NFT Wearables at Decentraland’s Metaverse Fashion Week
On Monday, Tommy Hilfiger has announced the company is joining the inaugural Decentraland Metaverse Fashion Week from March 24th to March 27th, 2022. During the Metaverse Fashion Week, the American fashion design firm said it will showcase its Spring 2022 collections and provide consumers with a “digital retail platform” that features Tommy Hilfiger-crafted NFTs. American … Read more
NeoNexus founder pulls the plug on popular Metaverse NFT project
Estimates suggest the metaverse project raised 25,000 SOL at its NFT mints, earning between $2 to $4 million. Go to Source Powered by WPeMatico
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview of the central bank, Bank Negara Malaysia, and the Securities Commission. Malaysian Ministry Wants NFTs Legalized Malaysia’s Ministry of Communications and Multimedia has proposed legalizing non-fungible tokens (NFTs) … Read more
Value Locked in Defi Climbs Back Above $200 Billion, ETH Dominates Defi TVL by 54%
As the crypto economy nears the $2 trillion mark, the total value locked (TVL) in decentralized finance (defi) has risen above the $200 billion zone after slipping below that range for most of the year. While the TVL in defi dropped 0.51% during the last 24 hours, statistics show the TVL today is hovering around … Read more
Animoca Brands, Yuga Labs Tease Bored Ape Secret Project ‘Powered by Apecoin’
Since the token was launched roughly three days ago, the digital currency apecoin (APE) has been a topical conversation within the cryptocurrency community on forums and social media. So far, just over 82% of the claimable APE has been claimed and 13,672 unique addresses have received APE from the airdrop. Meanwhile, the Bored Ape Yacht … Read more