NFT

Franklin Templeton’s digital assets division has released a note to its investors introducing Bitcoin-based non-fungible tokens (NFTs), highlighting a surge in activity within the Bitcoin ecosystem.  The asset manager attributes this increased momentum to various factors, including the emergence of Bitcoin (BTC) NFTs called Ordinals, the development of new fungible standards like BRC-20 and Runes, the growth of Bitcoin Layer 2 (L2s) solutions, and the expansion of decentralized finance (DeFi) applications built on the Bitcoin network. Bitcoin Ordinals Shine According…

A new rug pull alert sounded on Tuesday after crypto detective ZachXBT unveiled on-chain details of an alleged hack suffered by an NFT project last month. The project’s CTO announced that a response was in the works but ultimately vanished as criticism grew. Nuddies NFT, A Hack Or Rug Pull? On-chain sleuth ZachXBT revealed the alleged misuse of funds by the CTO of NFT project Nuddies NFT.  In a now-deleted post, its CTO Kyle explained that the project was “derugged…

On April 3, 2024, ZachXBT revealed that Kyle raised alarm bells in his Discord server, claiming his wallets had fallen victim to a hack. The prominent blockchain investigator’s findings instead strongly suggested a deliberate transfer of funds rather than an external hack. Kyle Accused of Faking Hack While investigating an alleged hack involving a “social gamer,” Kyle, and a less-known NFT project called ‘NuddiesNFT,’ ZachXBT found a disturbing narrative of lies and deception. However, the popular on-chain sleuth uncovered a…

The post NFT Market 2024: Will It Observe Returns Like the 2021 Rally? appeared first on Coinpedia Fintech News NFTs, or Non-Fungible Tokens, are distinctive digital assets recorded on the blockchain. So, what is an NFT trending for in 2024?  NFT’s exceptional nature is attributed to high security and a strong shield against theft. NFTs date back to 2014 when the first NFT, Quantum, was created by Kevin McCoy and Anil Dash.  NFT trading increased from $82 million in 2020…

Pepe the Gastronaut has recently presented a plan to use NFT launches, games, and trader utility tools for the greater good.  This initiative aims to fund hunger relief efforts continuously. It offers a unique approach that provides tangible benefits for token holders and project ecosystem participants. With a well-detailed ecosystem, Pepe the Gastronaut is determined to make a sustainable impact beyond the crypto world.  Pepe the Gastronaut's Charitable Missions and Sustainable Impact The main trait that's getting investors talking about…

Experts say NFTs are regaining popularity. PEPE gets a boost from Binance. Shiba Inu’s prospects improved thanks to support from a major exchange. Milei Moneda offers investors the most benefits. An NFT expert speaks about the role of NFTs in the current bull market. Meanwhile, PEPE gets additional support on Binance, while Shiba Inu (SHIB) is listed on another popular exchange. However, Milei Moneda ($MEDA) is poised to take over the meme coin sub-niche. Which of these three is the…

ChainGPT and Polygon Labs team up to revolutionize NFT creation with AI technology and scalable blockchain integration. Interest in NFTs is surging again as the crypto market stabilizes and innovative solutions emerge. ChainGPT and Polygon Labs have announced a strategic partnership to streamline and democratize NFT creation by integrating artificial intelligence (AI) technology with a robust blockchain infrastructure.  The integration of its AI NFT Generator with the Polygon blockchain has made on-chain minting and seamless AI-powered NFT creation possible.  This…

Kalichain intends to radically change the world of product certification by launching its innovative blockchain technology, KALICERTIF. The product will join the team's growing ecosystem, sticking to a clear release roadmap. Thanks to Non-Fungible Tokens (NFTs), the company offers unparalleled authenticity and traceability in the trade of physical goods. This promises a future where transparency, security, and trust are paramount.  Rethinking Product Certification with KALICERTIF KALICERTIF revolutionizes product certification with blockchain and NFTs. Its unique approach elevates traceability, security, and…

Historically, yacht investment has been a playground for the ultra-wealthy. OseanDAO is changing this narrative by leveraging blockchain and RWA technology, opening up the yacht market to a wider audience. Imagine a world where investing in luxury yachts is as easy and accessible as buying stocks. OseanDAO is turning this vision into reality by harnessing blockchain technology NFT and RWA (Real World Assets) technology. Their mission? To democratize the exclusive yacht market, making it accessible to a broader audience. The…