Hackers appear relentless in targeting the decentralized finance (DeFi) space, with perpetrators now accelerating attacks on the NFT sector. Bored Ape Yacht Club now becomes that latest NFT protocol to face the wrath of criminals on Ethereum chains. On June 6, 2022, hackers exploited the vulnerability existing in manager accounts of Bored Ape Yacht Club‘s… Continue reading Bored Ape Yacht Club (BAYC) Loses $357K In An NFT Phishing Attack
Tag: NFT market
GameStop Launches New Self-Custodial Wallet For Crypto And NFTs
GameStop, an American video game, electronic consumer, and gaming merchandise retailer, has successfully launched a new self-custodial wallet for crypto and non-fungible token gamers and others. In a May 23 press release, the electronic retail company confirmed the successful launching of the new self-custodial crypto wallet for a non-fungible token on Ethereum mainnet. According to… Continue reading GameStop Launches New Self-Custodial Wallet For Crypto And NFTs
NFT Prices Drop Steeply, As Crypto Bear Market Continues To Thrive
The latest market data analysis confirmed that the non-fungible token (NFT) market volume has sharply plummeted in the last seven days, with the bearish crypto market continuing to gain momentum. Notably, the recent market crash appeared after United States Federal Reserve raised interest rates for crypto transactions and the collapse of LUNA and its UST-based… Continue reading NFT Prices Drop Steeply, As Crypto Bear Market Continues To Thrive
NFT Market Soars Sharply Despite The Recent Crypto Market Dump
The latest market data analysis confirmed that the non-fungible tokens (NFT) markets have experienced a sharp increase in the last seven days, despite the current crypto market downtrend. This sharp correction shows that notable investors see the recent downturn as a buying opportunity. Since the start of May, the total market capitalization for non-fungible tokens… Continue reading NFT Market Soars Sharply Despite The Recent Crypto Market Dump
Importance Of Integrating IRL Arts With NFTs
RTFKT Studios has set an example of how integration with a well-known artist can elevate the inherent value of a NFTs digital collection for a mutual potential benefit. In that case, CloneX partnered with Japanese contemporary artist, Takashi Marakami, to launch the NFTs collection, with his influence dripping into the NFT collection on some CloneX… Continue reading Importance Of Integrating IRL Arts With NFTs
Line Launches New NFT Marketplace
LINE, a Japanese messenger app, has successfully launched its first non-fungible token (NFT) marketplace that will now offer tokens in diverse fields such as sport and entertainment. The new NFT marketplace will operate on the company’s proprietary network, LINE Blockchain. According to the social media firm, the new NFT marketplace will be a hub for… Continue reading Line Launches New NFT Marketplace
Tai Lopez’s NFT Launch, Alibaba’s Message Gun Scandal Tops Nifty News This Week
In the past few weeks, the non-fungible token (NFT) industry continues amassing massive traction across many sectors of the global economy. Prominent individuals, governments, sports hubs, and notable institutions are investing in the rapidly growing sector of the digital assets industry. Tai Lopez and Alibaba are perfect examples among those shifting their focus on the… Continue reading Tai Lopez’s NFT Launch, Alibaba’s Message Gun Scandal Tops Nifty News This Week
NFT Monthly Buyers Drop Below 800K
The latest market analysis confirmed that the monthly figures of non-fungible tokens (NFT) buyers in February have extensively dropped to levels below 800,000 for the first time since October 2021. The total search volumes for NFTs also plummeted significantly over the same period. Since the start of 2021, the NFT market experienced massive growth that… Continue reading NFT Monthly Buyers Drop Below 800K
NFTs Will Crash Like ICOs In 2019 – PROOF Collective COO
The nonfungible tokens (NFTs) appear to have dominated the crypto market in 2021 rising from ‘nowhere’ to go mainstream. Many experts and analysts believe that the nascent space will continue thriving this year. However, some naysayers and critics believe otherwise. Ryan Carson, chief operating officer (COO) at the online podcast PROOF Collective, has joined the… Continue reading NFTs Will Crash Like ICOs In 2019 – PROOF Collective COO
22-Year Old Indonesian Makes $1 Million Selling NFT Selfies On OpenSea
Ghozali is said to have spent up to five years clicking selfies in front of his computer. Later, he converted the selfies into NFTs and then uploaded them to OpenSea in December 2021. This Indonesian college student has now allegedly become a millionaire by selling nonfungible token (NFT) versions of his selfies on the OpenSea… Continue reading 22-Year Old Indonesian Makes $1 Million Selling NFT Selfies On OpenSea