Nfts

Amazon is reportedly set to launch an NFT initiative in the next three months, linked to its mother website that is used by people around the world for day-to-day online shopping. Amazon’s plans to dabble in the Web3 space could have the platform encourage its customers to play games and earn NFTs as rewards.

The sales volume of NFTs spiked by 16 percent in the first three weeks of 2023 compared to last year, a report by CryptoSlam.io has claimed. Over 320,580 people purchased digital collectibles between January 1 and 21. In the last seven days, the sales of NFTs shot up by 43.48 percent from the week before that.

NFTs worth nearly $30,000 (roughly Rs. 24 lakh) were drained out of the wallet of a Web3 influencer on January 15. Along with the costliest Mutant Ape Yacht Club (MAYC) NFT, a bunch of other NFTs amounting to ETH 19 (roughly Rs. 24 lakh) were reportedly stolen in this attack. An ad on Google Search that replicated an original search from the victim...

The Swedish regulators have approved Binance Nordics AB to facilitate the management and trading of virtual currencies for its nationals. Crypto investors in Sweden will now have options to purchase digital assets in Euros and utilise Binance Visa card as well as Binance NFT services.

Scuderia Ferrari, the racing division of the Italian luxury sports car brand, has reportedly backed out of complying with provisions that were required before Velas could create NFTs for the company. The blockchain firm, along with Ferrari, is now contemplating official legal ways to part ways amicably.

Magic Eden has become the latest victim of an exploit, leading to the listing and sale of fake NFTs via the platform. Magic Eden recently updated some features on its platform. Scammers managed to breach the platform after the update and listed these fake NFTs alongside genuine ones on the platform. A total of 25 fake NFTs were sold in 24 hours.

The market for NFT is projected to explode in popularity in 2023. A new form of virtual interaction technology based on Web3 is being foresighted to emerge in 2023 that will intensify industrial rivalries and promotional activities around the world, industry players WazirX and Colexion told Gadgets 360.

China is geared-up to launch an official, state-backed NFT marketplace, that would let Chinese NFT traders to dabble in the space, but under government oversight. Called the ‘China Digital Asset Trading Platform’, the initiative is aimed at creating a safe ecosystem for the secondary sales of NFTs, which if not monitored, can dangerously expose...

There were 45,000 cards on sale, which retailed at $99 apiece.

Donald Trump, in a recent interview said that he loved the art that is shown on the NFT trading cards he launched earlier this month. Amid the ongoing downturn in the NFT sector, pouring investment and churning profits was not on Trump’s list of reasons behind why he launched these NFTs.

Fidelity has planned to expand its presence in the Web3 sectors of NFTs and the metaverse. The company is exploring avenues to launch a service for ‘virtual real estate’ investing, that would help people purchase plots in the metaverse.

North Korea’s notorious Lazarous Group has been been deploying ‘decoy websites’ pretending to be legit NFT projects, to get them to engage with these infected sites. Hackers utilised multiple tokens, such as WETH, USDC, DAI, and UNI, etc. in their phishing attacks.

A new kind of scam is looming over the visitors of OpenSea, that offers ‘gasless sales’ on the platform and eventually redirects the victims to phishing sites. Harpie, the anti-theft platform, sounded an alert about this ongoing scam to warn the bunch of OpenSea visitors, browsing for NFTs, as well as buyers, and sellers.

The Pokémon Company International has taken Australia’s Kotiota Studios to the court for using Pokémon characters as part of some NFT games. The company has specified that no official NFTs around Pokémon characters have been released so far.

Call of Duty maker Activision Blizzard's chief operating officer Daniel Alegre will join Bored Ape NFT maker Yuga Labs as its chief executive, the metaverse startup said on Monday. The announcement comes days after the Biden administration sued to block tech giant Microsoft's $69 billion (nearly Rs. 5,70,300) takeover of Activision.

Amazon is reportedly set to launch an NFT initiative in the next three months, linked to its mother website that is used by people around the world for day-to-day online shopping. Amazon’s plans to dabble in the Web3 space could have the platform encourage its customers to play games and earn NFTs as rewards.

The sales volume of NFTs spiked by 16 percent in the first three weeks of 2023 compared to last year, a report by CryptoSlam.io has claimed. Over 320,580 people purchased digital collectibles between January 1 and 21. In the last seven days, the sales of NFTs shot up by 43.48 percent from the week before that.

NFTs worth nearly $30,000 (roughly Rs. 24 lakh) were drained out of the wallet of a Web3 influencer on January 15. Along with the costliest Mutant Ape Yacht Club (MAYC) NFT, a bunch of other NFTs amounting to ETH 19 (roughly Rs. 24 lakh) were reportedly stolen in this attack. An ad on Google Search that replicated an original search from the victim...

The Swedish regulators have approved Binance Nordics AB to facilitate the management and trading of virtual currencies for its nationals. Crypto investors in Sweden will now have options to purchase digital assets in Euros and utilise Binance Visa card as well as Binance NFT services.

Scuderia Ferrari, the racing division of the Italian luxury sports car brand, has reportedly backed out of complying with provisions that were required before Velas could create NFTs for the company. The blockchain firm, along with Ferrari, is now contemplating official legal ways to part ways amicably.

Magic Eden has become the latest victim of an exploit, leading to the listing and sale of fake NFTs via the platform. Magic Eden recently updated some features on its platform. Scammers managed to breach the platform after the update and listed these fake NFTs alongside genuine ones on the platform. A total of 25 fake NFTs were sold in 24 hours.

The market for NFT is projected to explode in popularity in 2023. A new form of virtual interaction technology based on Web3 is being foresighted to emerge in 2023 that will intensify industrial rivalries and promotional activities around the world, industry players WazirX and Colexion told Gadgets 360.

China is geared-up to launch an official, state-backed NFT marketplace, that would let Chinese NFT traders to dabble in the space, but under government oversight. Called the ‘China Digital Asset Trading Platform’, the initiative is aimed at creating a safe ecosystem for the secondary sales of NFTs, which if not monitored, can dangerously expose...

There were 45,000 cards on sale, which retailed at $99 apiece.

Donald Trump, in a recent interview said that he loved the art that is shown on the NFT trading cards he launched earlier this month. Amid the ongoing downturn in the NFT sector, pouring investment and churning profits was not on Trump’s list of reasons behind why he launched these NFTs.

Fidelity has planned to expand its presence in the Web3 sectors of NFTs and the metaverse. The company is exploring avenues to launch a service for ‘virtual real estate’ investing, that would help people purchase plots in the metaverse.

North Korea’s notorious Lazarous Group has been been deploying ‘decoy websites’ pretending to be legit NFT projects, to get them to engage with these infected sites. Hackers utilised multiple tokens, such as WETH, USDC, DAI, and UNI, etc. in their phishing attacks.

A new kind of scam is looming over the visitors of OpenSea, that offers ‘gasless sales’ on the platform and eventually redirects the victims to phishing sites. Harpie, the anti-theft platform, sounded an alert about this ongoing scam to warn the bunch of OpenSea visitors, browsing for NFTs, as well as buyers, and sellers.

The Pokémon Company International has taken Australia’s Kotiota Studios to the court for using Pokémon characters as part of some NFT games. The company has specified that no official NFTs around Pokémon characters have been released so far.

Call of Duty maker Activision Blizzard's chief operating officer Daniel Alegre will join Bored Ape NFT maker Yuga Labs as its chief executive, the metaverse startup said on Monday. The announcement comes days after the Biden administration sued to block tech giant Microsoft's $69 billion (nearly Rs. 5,70,300) takeover of Activision.