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Crypto Exchange Kraken Shuts Down NFT Marketplace
Kraken is shutting down its NFT marketplace. As per the company clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet or a self-custodial wallet of choice,
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Telegram CEO Pavel Durov Teases Upcoming NFT-Related Feature: Everything to Know
Telegram and its founder, Pavel Durov, have hinted at the launch of an NFT-focused feature. According to Durov, Telegram will soon enable users to convert limited-edition Gifts into NFTs. These digital collectibles will be powered by the Durov-backed TON blockchain.
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US SEC Threatens to Sue NFT Marketplace OpenSea, CEO Devin Finzer Says
"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea co-founder and CEO Devin Finzer said. A Wells notice is a formal declaration that SEC staff intend to recommend an enforcement action.
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Adidas and Stepn Grant Limited Genesis NFT Sneakers to Web3 Customers via Mooar Marketplace
Adidas has entered into a partnership with Stepn, which is a Solana-based move-to-earn application. The collection is named Stepn x Adidas Genesis Sneakers and it offers 1,000 NFTs inspired by the brand’s designs.
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Coachella Re-Tries Bringing Benefits-Loaded NFTs Despite Terrifying First Try, Partners With OpenSea
OpenSea, the world’s largest NFT marketplace is now featuring Coachella’s NFT collection on its platform. Coachella has decided to release a total of three NFT lineups. All three will offer different bundles of advantage for the buyers of these digital collectibles through OpenSea.
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eBay Could Be Considering Exiting NFT Sector, Reportedly Trims Web3 Team
eBay has reportedly slashed 30 percent of its Web3 team. After acquiring the NFT marketplace KnownOrigin in 2022, eBay had absorbed the team running this NFT marketplace. In the last eighteen months since the acquisition however, tensions between the eBay team and the KnownOrigin team reportedly rose – leading to the present-day situation.
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Magic Eden Launches Crypto Wallet with Cross-Chain Workability: Details
NFT marketplace Magic Eden has decided to launch a crypto wallet browser extension, that will be compatible with multiple blockchains. The aim of this wallet service is to eliminate the need for Magic Eden users to create different wallets compatible with different blockchains to store their assets in.
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OpenSea to Make Royalty Enforcement Tool That Benefited NFT Creators ‘Optional’: All Details
OpenSea is pulling back the mandatory enablement of its Operator Filter tool. NFT collections that enable the Operator Filter tool on OpenSea before August 31 will be able to demand secondary buyers to pay the creators’ preferred fees till February 29, 2024. Starting March 2024, the filter will be optional for these collections as well.
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Japanese Airline Major ANA Launches NFT Marketplace Themed Around Aeronautics: Details
Japan’s ANA airlines has launched its own online marketplace for the trade, sale, and purchase of non-fungible tokens (NFTs). The first collection went live on ANA GranWhale on May 30. It showcases the works of Luke Ozawa, an aerial photographer, in the form of digital collectibles, also called NFTs. The second collection on this platform will go...
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Bitcoin-Based Ordinal NFTs Get New Trade Booth at Binance’s Marketplace: Details
Binance will be adding support for these Bitcoin blockchain-based NFTs later in May. With the move, the crypto exchange aims to expand its offerings to the traders and collectors of NFTs. Not a lot of NFT marketplaces, for now, have listed Ordinal NFTs given its recently highlighted existence.
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Former OpenSea Employee Made 'Free Money' Off NFTs, Says US Prosecutor
A former employee of OpenSea, the world's largest marketplace for non-fungible tokens (NFTs), used inside knowledge of which assets would be featured on its homepage to make "free money," a prosecutor said on Monday as an insider trading trial wound to a close. The charges against Nathaniel Chastain, a former OpenSea product manager, were the first...
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Delhi High Court Dismisses Cricket NFT Marketplace Rario's Plea Against Rival Striker: Details
Delhi High Court has said that the NFT and fantasy sports sector is free to draw inspiration from publicly available information around celebs. Rario had reached out to the Delhi High Court earlier this year complaining that its industry rival Striker is generating gaming content and NFTs around the cricketers who have signed exclusive deals with R...
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Magic Eden Bitcoin Marketplace for Ordinal NFTs Rolled Out: All You Need to Know
NFT marketplace Magic Eden has launched a new marketplace to facilitate the sales of Ordinal NFTs that are inscribed on Satoshis, the smallest units of Bitcoin. For now, Magic Eden Bitcoin has listed over 70 collections of Ordinal NFTs for buyers to engage with.
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Nissan Files for Web3 Patents, Indicates at Plans to Launch NFTs, Virtual Merch in Metaverse
Nissan is planning to launch an array of digital collectibles, that would be compatible in the metaverse ecosystem. The Japanese automaker has filed for patents in the US Patent and Trademark Office last week.
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Yuga Labs’ TwelveFold NFTs Fetch Over $16 Million, Auction Process Garners Criticism from NFT Community
Yuga Labs’ latest NFT collection called the TwelveFold managed to churn out $16.50 million (roughly Rs. 135 crore) in an auction. Despite earning a large sum of money from the sales of the TwelveFold NFTs, Yuga Labs did draw a heavy criticism from the NFT community for the way it conducted the auction.
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Crypto Exchange Kraken Shuts Down NFT Marketplace
Kraken is shutting down its NFT marketplace. As per the company clients have been informed of the changes and our team will support them as they move their NFTs to their Kraken Wallet or a self-custodial wallet of choice,
-
Telegram CEO Pavel Durov Teases Upcoming NFT-Related Feature: Everything to Know
Telegram and its founder, Pavel Durov, have hinted at the launch of an NFT-focused feature. According to Durov, Telegram will soon enable users to convert limited-edition Gifts into NFTs. These digital collectibles will be powered by the Durov-backed TON blockchain.
-
US SEC Threatens to Sue NFT Marketplace OpenSea, CEO Devin Finzer Says
"OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities," OpenSea co-founder and CEO Devin Finzer said. A Wells notice is a formal declaration that SEC staff intend to recommend an enforcement action.
-
Adidas and Stepn Grant Limited Genesis NFT Sneakers to Web3 Customers via Mooar Marketplace
Adidas has entered into a partnership with Stepn, which is a Solana-based move-to-earn application. The collection is named Stepn x Adidas Genesis Sneakers and it offers 1,000 NFTs inspired by the brand’s designs.
-
Coachella Re-Tries Bringing Benefits-Loaded NFTs Despite Terrifying First Try, Partners With OpenSea
OpenSea, the world’s largest NFT marketplace is now featuring Coachella’s NFT collection on its platform. Coachella has decided to release a total of three NFT lineups. All three will offer different bundles of advantage for the buyers of these digital collectibles through OpenSea.
-
eBay Could Be Considering Exiting NFT Sector, Reportedly Trims Web3 Team
eBay has reportedly slashed 30 percent of its Web3 team. After acquiring the NFT marketplace KnownOrigin in 2022, eBay had absorbed the team running this NFT marketplace. In the last eighteen months since the acquisition however, tensions between the eBay team and the KnownOrigin team reportedly rose – leading to the present-day situation.
-
Magic Eden Launches Crypto Wallet with Cross-Chain Workability: Details
NFT marketplace Magic Eden has decided to launch a crypto wallet browser extension, that will be compatible with multiple blockchains. The aim of this wallet service is to eliminate the need for Magic Eden users to create different wallets compatible with different blockchains to store their assets in.
-
OpenSea to Make Royalty Enforcement Tool That Benefited NFT Creators ‘Optional’: All Details
OpenSea is pulling back the mandatory enablement of its Operator Filter tool. NFT collections that enable the Operator Filter tool on OpenSea before August 31 will be able to demand secondary buyers to pay the creators’ preferred fees till February 29, 2024. Starting March 2024, the filter will be optional for these collections as well.
-
Japanese Airline Major ANA Launches NFT Marketplace Themed Around Aeronautics: Details
Japan’s ANA airlines has launched its own online marketplace for the trade, sale, and purchase of non-fungible tokens (NFTs). The first collection went live on ANA GranWhale on May 30. It showcases the works of Luke Ozawa, an aerial photographer, in the form of digital collectibles, also called NFTs. The second collection on this platform will go...
-
Bitcoin-Based Ordinal NFTs Get New Trade Booth at Binance’s Marketplace: Details
Binance will be adding support for these Bitcoin blockchain-based NFTs later in May. With the move, the crypto exchange aims to expand its offerings to the traders and collectors of NFTs. Not a lot of NFT marketplaces, for now, have listed Ordinal NFTs given its recently highlighted existence.
-
Former OpenSea Employee Made 'Free Money' Off NFTs, Says US Prosecutor
A former employee of OpenSea, the world's largest marketplace for non-fungible tokens (NFTs), used inside knowledge of which assets would be featured on its homepage to make "free money," a prosecutor said on Monday as an insider trading trial wound to a close. The charges against Nathaniel Chastain, a former OpenSea product manager, were the first...
-
Delhi High Court Dismisses Cricket NFT Marketplace Rario's Plea Against Rival Striker: Details
Delhi High Court has said that the NFT and fantasy sports sector is free to draw inspiration from publicly available information around celebs. Rario had reached out to the Delhi High Court earlier this year complaining that its industry rival Striker is generating gaming content and NFTs around the cricketers who have signed exclusive deals with R...
-
Magic Eden Bitcoin Marketplace for Ordinal NFTs Rolled Out: All You Need to Know
NFT marketplace Magic Eden has launched a new marketplace to facilitate the sales of Ordinal NFTs that are inscribed on Satoshis, the smallest units of Bitcoin. For now, Magic Eden Bitcoin has listed over 70 collections of Ordinal NFTs for buyers to engage with.
-
Nissan Files for Web3 Patents, Indicates at Plans to Launch NFTs, Virtual Merch in Metaverse
Nissan is planning to launch an array of digital collectibles, that would be compatible in the metaverse ecosystem. The Japanese automaker has filed for patents in the US Patent and Trademark Office last week.
-
Yuga Labs’ TwelveFold NFTs Fetch Over $16 Million, Auction Process Garners Criticism from NFT Community
Yuga Labs’ latest NFT collection called the TwelveFold managed to churn out $16.50 million (roughly Rs. 135 crore) in an auction. Despite earning a large sum of money from the sales of the TwelveFold NFTs, Yuga Labs did draw a heavy criticism from the NFT community for the way it conducted the auction.
