NFT

A $2.2 million hacking attack victim offered to buy back one of the NFTs from the attackers, even as OpenSea froze its account. Todd Kramer, who goes by picasso5328 on NFT marketplace OpenSea, had 16 NFTs stolen. The collection included 8 Bored Apes and 7 Mutant Apes. He listed the stolen NFTs and asked OpenSea to freeze them. The largest NFT platform did so, and it banned the trading of the compromised NFTs. https://twitter.com/toddkramer1/status/1476546822910918666 The marketplace froze all the stolen NFTs…

NFTs are growing exponentially day by day. Virtual property is a hot topic in a world moving towards an increasingly digital status. As soon as a digital asset can be copyrighted, it can gain royalties and be sold on the market. Today we will review the MandoX project, a new initiative specialized in the art universe to let contemporary artists gain the attention they deserve. While doing so, the project reallocates part of its liquidity to charitable missions. MandoX is…

Those who still are sceptical about the potentials of blockchain technology in the gaming industry will probably be convinced by the last outstanding business numbers. As a report by Blockchain Game Alliance (BGA) point out, only in Q3 2021 did NFT games managed to generate $2.3 billion in revenue. This impressive number amounts to more than 20% of the whole NFT trading volume across all the industries in the report. One could easily simplify this number, saying that one every…

NFT technology has brought many people closer to the blockchain world over months. One of the most popular applications of these tools comes from the gaming industry, where developers create virtual universes to purchase in-game items as NFTs. In 2021 we have seen the birth of many interesting NFT games, with increasingly innovative applications of this new technology. In addition, the last few weeks have announced many exciting projects that it will launch on the market in 2022. Although it…

While Bitcoin’s price remains range-bound to where it was back in February, retail interest appears to be drying up. Google search trends show interest in the cryptocurrency at annual lows as the year comes to a close. On the other hand, the word ‘NFT’ has seen a fairly steady increase in popularity since January, touching all-time highs this month. Pivoting Retail Interests According to Google Trends data, interest in Bitcoin was relatively high earlier in the year, shortly after it…

Crypto exchange Crypto.com launched its NFT collection - inspired by Mars. The drop was a part of the promotion and their brand film - Fortune Favors the Brave. In addition, the exchange gave out NFTs to users that found a hidden QR code in the commercial. The film, featuring Matt Damon, showed the code in only a single frame. The NFT series contains five unique art pieces with a limited number of copies. The NFTs feature 3D renders of Mars landscapes, together…

China's official news agency plans to release its digital collectibles, despite the country's sweeping crackdown on crypto. The Xinhua News Agency, the official state-run press agency for the People's Republic of China, will issue digital art. The collectibles will mostly feature news photo reports from 2021 and use NFT tech. The Chinese state agency is joining other publications that dropped NFTs. For example, the New York Times sold an NFT of a column about NFTs for $560,000. However, the agency…

With 2 billion users, Instagram is a true social media giant. Now, the platform wants to introduce its massive audience to NFTs. Instagram's CEO Adam Mosseri confirmed that the social media platform was working to integrate NFTs. In a Sunday Q&A, Mosseri answered an essential question about NFTs. The CEO confirmed that they are "actively exploring NFTs" and looking to make them more accessible. Nothing to announce yet but we are definitely actively exploring NFTs and how we can make…

One of the peculiarities of the blockchain industry is that its success seems to attract the attention even of people who do not work in the financial sector. The crypto market counts artists, sports stars, and other public figures among its supporters. This is the case, for example, of NBA star Kevin Durant, also known as KD. The sportsman, who now plays for the Brooklyn Nets, has never hidden his passion for the crypto world. As noted, Durant was one…