April 25th, 2025
NFT News - Page 32
Tencent Shuts Down NFT Platform, Blames Unfavourable Government Policies
By Mayowa Adebajo
July 14th, 2022
Despite that NFTs are not banned in China, stringent government policies have made it practically impossible, even for NFT businesses to thrive there.
GameStop’s Ethereum-based NFT Sales Topple Coinbase NFT Just Two Days after Launch
By Kofi Ansah
July 14th, 2022
The newly launched is not even offering gaming NFTs yet, which will reportedly be the marketplace’s planned core offering.
Snapchat to Allow Users to Apply NFTs as Filters
By John K. Kumi
July 13th, 2022
It is important to note that Snap is already working with developers who create playful AR filters for users using the platform.
Gnosis Safe Raises $100M in Fresh Token Sale, Rebrands Itself as Safe
By Bhushan Akolkar
July 13th, 2022
Safe further noted that it will use the raised funds to build an ecosystem of applications and wallets by using Safe smart contract accounts via grants and accelerator programs.
GameStop Launches NFT Marketplace as Part of Turnaround Plan
By Kofi Ansah
July 12th, 2022
The NFT marketplace will also enable parties to connect to their own digital asset wallets, including the GameStop Wallet, which was launched recently.
SK Telecom to Launch Blockchain Wallet for Crypto and NFTs
By John K. Kumi
July 12th, 2022
The role of Atomic Lab is to use secure multiparty computation encryption for the wallet.
Reddit to Launch Blockchain-based Avatars for Select Users
By Babafemi Adebajo
July 8th, 2022
Reddit has stated that the avatars aren’t NFTs. Thus, users do not need an existing crypto wallet to buy them.
LimeWire Partners with 7 Aurelius, Others to Launch NFTs
By Babafemi Adebajo
July 7th, 2022
Beyond 7 Aurelius, LimeWire has also scheduled the unveiling of NFTs belonging to Gramatik and Elijah Blake for July 10 and 12, respectively.
Nothing Announces NFT Project as Phone (1) Launch Approaches
By Ibukun Ogundare
July 6th, 2022
The news of the Nothing NFT project precedes the long-awaiting Phone (1) launch. The Nothing Phone (1) is the company’s first smartphone.
Ripple Conducts Performance Testing of NFT Functionality on XRPL
By Mayowa Adebajo
July 6th, 2022
In a bid to uncover how NFT transactions may impact the XRPL, the developer team set out to test the ledger’s capacity.
Beverage Giant Coca-Cola to Launch Pride Series NFT Collection on Polygon
By Bhushan Akolkar
July 5th, 2022
Coca-Cola said that it will donate all proceeds of the sale to support South Africa’s OUT community, which works towards helping the LGBTQIA+ community.
Meta Platforms Rebrands Novi Website to Show Winding Down Date
By Godfrey Benjamin
July 4th, 2022
American tech giant and social media firm, Meta Platforms announced on September 1 as the data it will close the Novi Wallet pilot project and cease to continue operating the infrastructure.
Ethereum Gas Fee Tanks to the Lowest Since 2020 as ETH Struggles at $1,000
By Bhushan Akolkar
July 4th, 2022
Ethereum gas fee plummets as NFT sales and DeFi activity on the platform are on a sharp decline over the last two months.
Meta Platforms Begins NFT Testing on Facebook
By Godfrey Benjamin
July 1st, 2022
American multinational technology company Meta Platforms has commenced the testing of its Non-Fungible Token on its flagship social media platform Facebook.
Mercedes Partners with Digital Artist MBSJQ to Launch NFT Collection on FTX
By Ibukun Ogundare
June 30th, 2022
German luxury and commercial vehicle automotive brand Mercedes is planning to launch its non-fungible token (NFT) collection on FTX.