Kanye West says no to NFTs
It’s a blow for the NFT space as Kanye West, or Ye, lashes out against the tokens in an Instagram post. Go to Source Powered by WPeMatico
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Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million in Ethereum for BAYC #3001 Justin Bieber spent … Read more
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped … Read more
CertiK’s identification of Crypto Cars as ‘rug pull’ was a false alarm
A temporary website outage of the project’s main site, among other factors, led to the error. Go to Source Powered by WPeMatico
The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership
SAND’s 40% rally follows a two-month-long correction that wiped out nearly 70% of the token’s market valuation. Go to Source Powered by WPeMatico
IRS Special Agent on Crypto: ‘We See Mountains of Fraud in This Area’
A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because “this space is the future,” he stressed. IRS Special Agent … Read more
3 interesting NFTs launching this week: Cool Pets, Ethaliens and KaraFuru
So many drops, and too many missed mints? Cointelegraph has you covered when it comes to keeping a pulse on upcoming NFT projects. Go to Source Powered by WPeMatico
Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion relief rally. Go to Source Powered by WPeMatico
Samsung Provides a Glimpse Into the South Korean Metaverse and NFT Craze
At the very beginning of 2022, South Korean tech giant Samsung announced its foray into the metaverse and a new “NFT Aggregation Platform” designed for its smart TVs. In addition to the NFT TVs, Samsung also launched a virtual experience inside of Decentraland, one of the most popular metaverse gaming platforms. It’s high time we … Read more
Why crypto industry needs venture capital: Q&A with veteran investor
With so many crypto projects being launched, founders are now looking beyond “traditional” crypto fundraising options. Go to Source Powered by WPeMatico