Custodial vs non-custodial NFTs: Key differences

This article explains the key differences between storing custodial and non-custodial NFTs, depending on wanting full control or submitting to a third party. Go to Source Powered by WPeMatico

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Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%

While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain Strong Despite Crypto Market Price Reversal … Read more

JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion

JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum … Read more

Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature

Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could yet change.” Meta and Instagram Are Reportedly Experimenting With NFT Tech A report … Read more

Microsoft Reveals Activision Purchase for $68.7 Billion as an Approach to the Metaverse

Microsoft, the software behemoth, announced today it had completed a deal to acquire Activision Blizzard, one of the biggest game developers and publishers in the gaming world. The deal, which involves an all-cash transaction valued at $68.7 billion, will give Microsoft ownership of important franchises like “Call of Duty,” “Candy Crush,” “World of Warcraft,” and … Read more

Heavyweight Champ Francis Ngannou Plans to ‘Take Half of His UFC 270 Purse Paid in Bitcoin’

The reigning UFC Heavyweight Champion Francis Ngannou has announced the mixed martial artist has partnered with the payments firm Cash App and plans to take half of his UFC 270 purse in bitcoin. Ngannou told his 620,100 Twitter followers that he believes “bitcoin can empower people everywhere.” ‘Bitcoin Is the Future and I’m a Believer’ … Read more

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