World football governing body, FIFA NFT Collection on Polygon which can essentially grant access to the Club World Cup final is scheduled to drop soon. Based on the latest announcement, FIFA will launch a Non-fungible token (NFT) collection meant for FIFA Club World Cup Saudi Arabia 2023™ in partnership with a blockchain-inclined technology company called… Continue reading FIFA To Unleash NFT Collection To Secure World Cup Tickets
Tag: Solana
DSCVR Web3 Social Media Platform Expands On Solana
DSCVR, the biggest Web3 social media and community-building platform, recently confirmed its partnership with the Solana Ecosystem. On that note, DSCVR wants to expand its tokenized communities and crypto asset components to Solana’s quickly growing user network. The timing of this partnership aligns perfectly with the forthcoming Solana Breakpoint event, an annual conference aimed at… Continue reading DSCVR Web3 Social Media Platform Expands On Solana
Magic Eden Introduces LayerZero For Token Swaps
Magic Eden, a renowned entity within the multichain NFT platform sector, recently introduced its latest feature called the LayerZero Bridge & Swap. The new tool supports the swapping of tokens across multiple blockchains. By description, LayerZero is a cross-chain communication protocol meant to support direct and trustless interactions between many blockchains. The protocol supports different… Continue reading Magic Eden Introduces LayerZero For Token Swaps
Bitcoin’s Impact on NFTs Spotlighted in New Report on Ordinals
Bitcoin has now become a major player in the non-fungible token (NFT) space. In the first 200 days since its inaugural inscription, 1.14 million image-based inscriptions have been developed on the Bitcoin network, as highlighted in a new report by Galaxy Research. That figure exceeds the total number of NFTs minted on the other major… Continue reading Bitcoin’s Impact on NFTs Spotlighted in New Report on Ordinals
Shaquille O’Neal Faces Legal Challenge Over Solana-Based NFT Project Astrals
NBA legend Shaquille O’Neal is now entangled in a legal case over his involvement in the Solana-based NFT project Astrals. The legal case, which was updated to strengthen the case, claims that O’Neal violated securities laws in his connection with the project. A district judge in Florida appointed lead plaintiffs, who have chosen the Moskowitz… Continue reading Shaquille O’Neal Faces Legal Challenge Over Solana-Based NFT Project Astrals
Apple Faces Scrutiny Over App Store Policies Amid NFT Industry Growth
Apple Inc. is under intensive scrutiny for its App Store practices, mainly with regard to the growing industries of crypto trading and nonfungible tokens (NFTs). On July 28, Jan Schakowsky and House Representatives Gus Bilirakis (R-Fla.) wrote a letter to Apple CEO Tim Cook, Asking for detailed information about its App Store policies. In that… Continue reading Apple Faces Scrutiny Over App Store Policies Amid NFT Industry Growth
Sui Network Records Surge In Transactions With Sui 8192 Game
The Sui Network has recently recorded a massive increase in daily transactions, mostly attributed to the popularity of the tile-sliding puzzle game known as Sui 8192. Introduced in October 2022, the game has managed to captivate users and recorded every move as a transaction on the Sui Network, indicating a new era for on-chain gaming.… Continue reading Sui Network Records Surge In Transactions With Sui 8192 Game
Bitcoin NFT Ordinals Cover Ground Against Ethereum
The competition between Ethereum and Bitcoin appears to be heating up in the nonfungible token (NFT) industry, as Bitcoin’s native NFTs, called Ordinals, are expected to exceed Ethereum in terms of active buyer participation and sales growth. Since they were launched in April 2023, Ordinals seem to have been gaining considerable traction within the Bitcoin… Continue reading Bitcoin NFT Ordinals Cover Ground Against Ethereum
What Are xNFTs?
The Mad Lads trends within the nonfungible token (NFT) sector has introduced a new kind of NFT known as xNFTs. What are xNFTs? The ‘Executable NFTs’ are distinct digital assets that can run code. That makes them quite different from the traditional NFTs that have been mainly utilized as collectibles in music, art, and gaming.… Continue reading What Are xNFTs?
Magic Eden Refunded Users Impacted By Unverified NFT Bug
On January 5, top Solana nonfungible token (NFT) marketplace Magic Eden faced an issue where unverified NFTs were showing up as part of the verified NFT collections. The platform has since resolved the issue and says that nobody will be able to purchase any unverified NFTs anymore. Magic Eden has also sent refunds of the… Continue reading Magic Eden Refunded Users Impacted By Unverified NFT Bug