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The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance in order to acquire … Read more
The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps Into the Realm of NFTs The London-based content subscription service Onlyfans is well known for … Read more
Krafton, the parent company of Bluehole, developers of PUBG, a popular battle royale game that has earned more than $300 million in 2021, announced it will redirect some of its activities toward developing NFT and metaverse-related projects. The company says it has acquired equity in two companies, Seoul Auction Blue and Xbyblue, that will enable … Read more
Theta Network is up over 22% today, making it the top Metaverse crypto coin gaining the most price today. The recent price hike comes amid an upcoming NFT drop for the iconic show The Price Is Right, along with a recent announcement that Replay is launched the industry’s first video licensing and tracking protocol. Let’s … Read more
“There’s a lot to consider in making sure we approach these new technologies responsibly, but we think there’s incredible potential as well,” said YouTube Chief Product Officer Neal Mohan. Go to Source Powered by WPeMatico
The Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also that the application of this regulation presents … Read more
PRESS RELEASE. Zug, Switzerland — Ambrosus Core, the technical foundation of Ambrosus Ecosystem, has announced the launch of a substantial developer funding program — $10 million for developers deploying decentralized finance (DeFi) applications and other decentralized solutions on the Ambrosus blockchain. Ambrosus is a fully operational Layer 1 EVM-compatible blockchain protocol providing scalability, zero-knowledge proof … Read more
Skyweaver has been in the making for four years, and finally launched its open beta this week, while the BAYC floor price is dropping fast. Go to Source Powered by WPeMatico
Mobile gaming giant Zynga has outlined new plans for NFT-based games and Web3 acquisitions coming in 2022 Go to Source Powered by WPeMatico
OpenSea closed out over $1.3 billion in sales in the last seven days, yet the number of daily active users on the platform dropped by more than 30%. Go to Source Powered by WPeMatico
