Tag: NFTs
LINE Raises Funds to Expand its NFT Business
Reading time: < 1 minuteLINE NEXT, a subsidiary of the company behind the popular messaging app Line, has recently received a funding of $140 million to promote the use of non-fungible tokens.
NFT Market Cap Will Exceed $1.6B by End of the Year: Report
Reading time: < 1 minuteIn November, NFT trading volume experienced a significant increase of 122% compared to October, totaling $908 million in transactions of digital collections.
Fees on Bitcoin Network Surpass Ethereum’s
Reading time: < 1 minuteThe average commission on the Bitcoin blockchain has surpassed the average commission on the Ethereum network, as interest in Ordinals has been renewed.
CertiK: NFT Project Lucky Star is $1M Exit Scam
Reading time: < 1 minuteThe developers of NFT project Lucky Star Currency (LSC) allegedly carried out a fraudulent scheme on October 9.
OnChainMonkey Plans to Spend $1M in NFTs Migration to BTC’s Blockchain
Reading time: < 1 minuteThe Metagood team is transferring 10,000 OnChainMonkey NFTs from the Ethereum blockchain to the BTC network.
Google to Reconsider Advertising Rules for Blockchain Games Using NFTs
Reading time: < 1 minuteGoogle will allow advertisers as of September 15 to promote certain blockchain gaming applications that use NFTs as in-game items, so long as these products are not related to gambling.
Blogger Publishes Wallet’s Seed Phrase on YouTube and Loses $60K
Reading time: < 1 minuteBrazilian YouTuber Ivan Bianco lost a total of around $60,000 from two different cryptocurrency wallets and multiple NFTs.
OpenSea Accused of Blocking Customers Using Tornado Cash
Reading time: < 1 minuteJournalist Colin Wu has reported that the non-fungible token (NFT) platform OpenSea had blocked his account for using the mixer.
Price of One of Most Expensive NFTs from BAYC Series Drops by 80%
Reading time: < 1 minute#8585, a rare NFT from Bored Ape Yacht Club (BAYC), was purchased in October 2022 for 777 ETH (~$1 million at the time). However, recently it sold for a record low 153 ETH (~$254,000).
NFT Platform Highlight Launches on Ethereum Network
Reading time: < 1 minuteHighlight, an artificial intelligence based generative artistic NFT platform, was launched on the Ethereum network on July 26.