In the ever-evolving landscape of sports marketing, the National Hockey League (NHL) has recently made a bold move by venturing into the world of non-fungible tokens (NFTs) through the launch of “NHL Breakaway.” While the league’s proactive approach in seeking…
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Dapper Labs and Disney Collaborate for NFT Pin-Collecting Platform
Dapper Labs, the renowned creator of the popular non-fungible token (NFT) collection NBA Top Shot, has unveiled their latest venture in collaboration with Disney—Disney Pinnacle. This groundbreaking platform aims to revolutionize the traditional pin-collecting hobby by immersing enthusiasts in a…
SwissGold Crypto AG Unveils Gold-Backed NFTs
SwissGold Crypto AG, a Swiss-regulated crypto issuer based in Zug, Switzerland’s renowned Crypto Valley, is pioneering a groundbreaking solution to the challenges of wealth preservation in times of inflation and uncertainty. By introducing gold-backed non-fungible tokens (NFTs), SwissGold Crypto AG…
‘Mutant Ape Planet’ NFT Developer Pleads Guilty to an International Scheme to Defraud NFT Purchasers
Aurelien Michel is a French national previously residing in the United Arab Emirates (UAE). He was found guilty conspiring to commit wire fraud at a federal courthouse in Brooklyn, New York. This admission of guilt relates to his involvement in…
MetaMask Crypto Wallet: Transforming NFT Management aiming to revolutionize NFT functionality
MetaMask, the leading Web3 wallet, has recently unveiled a groundbreaking update with a primary focus on non-fungible tokens (NFTs). This update revolutionizes the functionality of NFTs and elevates the overall user experience associated with these unique digital assets. Streamlined NFT…
Backpack Launches Cryptocurrency Exchange in Dubai with Former FTX General Counsel Can Sun Leading the Way
Backpack, the Solana-based NFT wallet app, has made headlines with its announcement of a cryptocurrency exchange launch in Dubai. The company has appointed Can Sun, former general counsel of FTX, to spearhead this exciting venture. Furthermore, the associated NFT project,…
Why did OpenSea investor Coatue slash NFT marketplace valuation by 90%?
In a surprising turn of events, non-fungible token (NFT) marketplace OpenSea has faced a significant blow to its valuation. Asset manager Coatue Management has reportedly slashed OpenSea’s valuation by a staggering 90%, as revealed in documents obtained by The Information.…
Attendees of Bored Ape NFT Event Report Cases of ‘Severe Eye Burns
The recent ApeFest event in Hong Kong, organized by the Bored Ape Yacht Club NFT collection, has generated significant attention due to reports of attendees experiencing eye pain, vision problems, and sunburnt skin. This article delves into the incidents and…
Magic Eden and Yuga Labs Launch Ethereum NFT Marketplace
Magic Eden, the Solana-based NFT marketplace, has recently announced an exciting partnership with Yuga Labs, the renowned creator of Bored Ape Yacht Club and Cryptopunk NFT collections. This collaboration aims to launch a groundbreaking marketplace for Ethereum NFTs that prioritizes…
Founder of NFT Paris Affirms ‘Brands Fully Embrace NFTs
NFT Paris, the highly anticipated international conference, is gearing up for its third edition on February 23-24, 2024. Founder Alexandre Tsydenkov is confident that this event will witness a remarkable turnout, as mainstream brands are wholeheartedly embracing the revolutionary technology…