April 28th, 2025
NFT News - Page 29
Animoca Brands Japan Pulls $45M in Funding from MUFG and Parent Firm
By Godfrey Benjamin
August 26th, 2022
As a giant infrastructure builder and financier, Animoca Brands has seen its ecosystem increase in a very remarkable way in the past few years.
Reddit Begins Airdrop of Polygon-Based ‘Collectible Avatars’
By Kofi Ansah
August 25th, 2022
The collectibles are currently listed on the non-fungible tokens (NFT) marketplace OpenSea.
Analytics Firm Elliptic Issues 2022 NFT Report: Over $100M Lost to NFT Thefts within One Year
By Mayowa Adebajo
August 25th, 2022
Scammers have continued to employ new tricks of swindling crypto users out of their prized NFTs.
Mars Introduces Bored Ape-Themed M&M’s in Partnership with KINGSHIP
By John K. Kumi
August 25th, 2022
In July, KINGSHIP converted its 5,000 access-enabled Key Cards into NFTs and sold out the entire collection.
Distributed Finance Acquires Algorand NFT Marketplace Rand Gallery
By Bhushan Akolkar
August 24th, 2022
The acquisition will allow Rand Gallery to introduce its DAO products to the NFT marketplace built by Algorand’s DAO management tool Zest.
Former OpenSea Employee Accused of Insider Trading Files Motion to Dismiss Charges
By Bhushan Akolkar
August 23rd, 2022
The Lawyers representing OpenSea’s former product head Nate Chastain said that the NFTs don’t fall in the category of either securities or commodities. Thus, wire fraud charges aren’t applicable to them.
Nike Nets $185M from NFT Sales
By Babafemi Adebajo
August 23rd, 2022
It is said that Nike’s success at NFT sales is traceable to its acquisition of RTFKT studios.
GameStop Daily NFT Revenue Drops to Under $4K amidst Market Struggle
By Mercy Tukiya Mutanya
August 22nd, 2022
In terms of transaction volumes, GameStop NFT performed marginally better than Coinbase’s NFT platform launched months earlier.
Fear of Liquidation Grips NFT Market, Floor Price of Bored Ape NFTs at 8-Month Low
By Bhushan Akolkar
August 22nd, 2022
In terms of health indicators, several pledged BAYC NFTs are trading in the danger zone on the peer-to-peer platform BenDAO and could face liquidations in case of failure to repay the ETH loans.
Hollywood Actor Anthony Hopkins to Launch NFT Collection
By Kofi Ansah
August 18th, 2022
Hopkin’s collection was developed to give admirers and collectors a way to visually appreciate the actor’s diverse professional experiences.
Gold Bored Ape Sold for $1.5M amid NFT Market Struggle
By John K. Kumi
August 18th, 2022
Based on the current market condition, this sale is considered an outlier. However, this is not a record sale on the market.
Tencent Shuts Down NFT Platform Huanhe amid Heightened Scrutiny
By Ibukun Ogundare
August 17th, 2022
About a year after Huanhe launched, Tencent halted the sale of NFTs on the platform. The new move took effect as of 16th August 2022.
Museum of New York City Files Trademark Application to Offer NFTs
By Babafemi Adebajo
August 16th, 2022
By venturing into NFTs, the Museum of New York is leading the move by traditional American museums to explore the web3 and metaverse space.
NFTs to Be Regulated Similar to Crypto under MiCA Law, Says EU Official
By Sanaa Sharma
August 11th, 2022
This would result in the issuers of Non-Fungible Token collections publishing the ‘white paper’ that initially conveys all the information about the protocol utilized by the NFTs.
Samsung Inks Deal with Theta Labs as It Launches Offline Reward Program
By Mayowa Adebajo
August 10th, 2022
The new MoU comes as a follow-up to an earlier partnership deal between the duo.