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Showing posts with the label nft

Karate Combat & STEPN Join To Launch A Raffle NFT Mint

StepN Go, a renowned move-to-earn lifestyle mobile application, has partnered with Karate Combat, the first fan-governed striking league in the real world, to launch a non-fungible token-based sneaker collection. The highly anticipated NFT sneaker collection will be launched on the Solana, an open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications. Karate Combat Taps StepN For An NFT Mint In a June 23 blog post, StepN Go and Karate Combat confirmed a partnership to launch a non-fungible token sneaker collection. The highly anticipated NFT sneaker collection will go live on June 25, 2025, and run until June 20, 2025, as a raffle mint on MOOAR. MOOAR is a member-only NFT marketplace and launchpad built on the Solana and Ethereum blockchains. It focuses on providing a platform for users to create, buy, and sell unique NFTs, with a strong emphasis on community and rewarding active participants. 🚨 IN THI...

ARK Invest Lifts Bitcoin Bull Case To $2.4M by 2030, Citing Surging Institutional Demand

Fund manager ARK Invest raised its most optimistic Bitcoin price prediction to $2.4 million by 2030—up from $1.5 million previously—citing accelerating institutional adoption as a key driver. ARK analyst David Puell detailed the updated forecast in an April 24 report, also raising the firm’s bear and base case targets to $500,000 and $1.2 million, respectively. Each scenario reflects growing confidence in Bitcoin’s integration into the traditional financial system. In the bull case, Puell projects Bitcoin could capture 6.5% of the $200 trillion global financial market, driven by its increasing appeal as both a store of value and a macro hedge. He also sees BTC potentially taking 60% of gold’s $18 trillion market cap as it becomes widely accepted as “digital gold.” Bitcoin Supply On Exchanges Drops To Lowest Level In Over 6 Years Supporting the narrative of accelerating institutional adoption, Fidelity Digital Assets noted in an April 24 post...

P2E NFT Game ‘Fantasy Top’ Launches On Monad Testnet

Fantasy Top, the once popular non-fungible token collection and play-to-earn game, has roared back to life after moving underwaters in the past several months. The play-to-earn trading card game launched earlier last year on the Ethereum Layer 2 blockchain network, Blast, and took the crypto and NFT communities by storm. This time around, the Fantasy Top P2E game has launched on Monad testnet, an upcoming layer-1 network. Fantasy Tops Debuts On Monad Testnet In a February 19 blog post, the Fantasy Tops team confirmed expanding its sports game to Monad testnet. To celebrate the game launch on Monad Testnet, the Fantasy Tops NFT team is giving gamers 15 free digital trading cards to start their Monad journey. These digital cards will allow gamers to compete for exciting prizes and more than 5,000 whitelist spots. The first competition starts today. Introducing… Fantasy Top Free to Play, LIVE on @Monad_xyz testnet. Visit https://t.co/qLH0rAAqeL now! Sign up today, claim 15 fre...

BNBChain’s Impact on the Cryptocurrency Market

BNB Chain’s Impact on the Cryptocurrency Market BNB Chain, powered by Binance, has significantly influenced the cryptocurrency market by offering a scalable, cost-effective, and developer-friendly blockchain infrastructure. As the backbone of Binance’s ecosystem, BNB Chain plays a pivotal role in advancing decentralized applications (dApps), decentralized finance (DeFi), and non-fungible token (NFT) innovation. The dual-chain architecture of BNB Chain, comprising Binance Chain and Binance Smart Chain (BSC), enables efficient trading while supporting smart contract functionality. BSC’s compatibility with the Ethereum Virtual Machine (EVM) has been a major catalyst for its adoption, as it allows developers to migrate dApps seamlessly from Ethereum. With faster transactions and significantly lower fees than Ethereum, BNB Chain has become a preferred choice for developers and users seeking cost efficiency. BNB Chain’s focus on decentralization has also led to its expansion through inc...

Bitcoin’s Uncategorized Ordinals NFT Sells For +$6 Million

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The non-fungible token market has witnessed a remarkable sale after an uncategorized Ordinal collectible on the Bitcoin network exchanged hands for a staggering 63.4 BTC, equivalent to $6.09 million. This transaction, which occurred just a few hours ago, has generated significant interest within the NFT community and propelled the trading volume of Ordinals to new heights. Uncategorized Ordinals NFT Sells For +$6 Million Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a non-fungible token explorer, confirms that an Uncategorized Ordinal has successfully exchanged hands at $6.09 million directly on user to user. Following the high-profile Ordinal NFT sale, the trading sales volume of the global NFT market has significantly surged to new heights. In the past 24 hours, the NFT market has recorded a trading sales volume of $30 million, up 60% from the past day. The Bitcoin Ordinals market experienced a substantial surge following the high-profile ordin...

Best Meme Coins To Buy Now October 31 – Katana Inu, GameStop, Vita Inu

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Several cryptos, especially top meme coins , are benefiting from the emergence of the “debasement trade.” The debasement trade is when investors seek alternative assets, such as gold or bitcoin, to hedge against economic instability. Institutional investors and hedge funds might view gold and cryptos to protect their funds and make a profit,  In line with this recent crypto development, choosing the right token can greatly influence investment outcomes. Therefore, investors are constantly searching for the best cryptocurrencies to buy now. This article aims to simplify this search by presenting a curated list of tokens with potential significant returns. Top Meme Coins To Buy Now This Analysis by Insidebitcoins explores the factors behind the growing attention several meme coins are attracting, offering insights into their market movements and underlying trends. Among these meme tokens, the top three picks today include VINU, KATANA, and GME. The Analysis also give...

Coinbase introduces non-custodial crypto wallets creation

Cryptocurrency exchange Coinbase has introduced a new generation of Wallet-as-a-Service. According to the platform’s Jan. 23 announcement, the embedded wallet service will be an enterprise-grade solution based on Coinbase’s Wallet-as-a-Service technology, allowing developers to create non -custodial crypto wallets . Introducing our next Wallet-as-a-Service solution for onchain builders: Coinbase Embedded Wallets. Apply for our Early Access Program today and learn more about launch partner benefits. Availability is limited. https://t.co/mhsuXzzfaR — Coinbase Cloud ️ (@CoinbaseCloud) January 23, 2024 “Secured by advanced MPC technology from the world’s most reputable name in crypto , Coinbase Embedded Wallet is the easiest, fastest, and most secure way for brands and builders to bring the world onchain.” Coinbase team Currently, the program is available only to a few people; users must fill out a form to apply for a wallet. If a user chooses...

Trump releases new mug shot NFT as former President’s ongoing legal issues mount

Former President of the Donald Trump has unveiled a new NFT collection called the ‘Mugshot Edition,’ a play on the recent legal woes mounting against the leading Republican candidate. A new NFT collection by former President Donald Trump is taking the internet by storm. On Dec. 12, 2023, Trump took to Truth Social to announce the drop of new NFT featuring an infamous mug shot taken of the former President after he was booked in an Atlanta-area jail last August on charges of conspiring to overthrow Georgia’s election results. With reactions to the NFT going viral on X, crypto.news has compiled some of the best reactions to the former President’s latest foray into NFTs, which Features 2,024 unique pieces of the suit he wore to get his mugshot taken in Georgia, available to buyers who purchase 47 NFTs priced at $99 each. “It was a great suit, believe me, a really good suit. It’s all cut up, and you’re gonna get a piece of it,” Trump said in a video on Truth Social. You might ...

Google Play Store officially allows NFT games, but not gambling ones

The store’s team said games can offer NFTs for sale or to earn, but developers must declare this feature in their game's descriptions and must not allow gambling. The Google Play store now allows video game publishers to sell nonfungible token (NFT) games in its store, according to a July 12 blog post from the store’s group product manager, Joseph Mills. In the post, Mills states that Google Play is “pleased to share that we’re updating our policy to open new ways to transact blockchain-based digital content within apps and games on Google Play,” including “boosting user loyalty through unique NFT rewards.” 1) A new blockchain-based content policy that states that devs must complete a declaration for apps that enable users to transact blockchain-based digital content. Additional requirements apply for NFT gamification. pic.twitter.com/kGhMPaWCi0 — Mishaal Rahman (@MishaalRahman) July 12, 2023 Google Play banned crypto mining apps from its store in 2018 and removed the Bitcoin ...

Twitter user mediates resale of stolen Bored Ape NFT, incriminates self

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In what is becoming a common occurrence in the cryptocurrency industry, yet another purchaser of Bored Ape Yacht Club ( BAYC ) non-fungible tokens ( NFT s) has had an Ape stole n through their own laziness and carelessness. The stolen Ape is one of hundreds that have been ripped from the hands of BAYC and Mutant Ape Yacht Club (MAYC) owners – a depressing statistic proving that self-custody has a long way to go before the average investor can accomplish it. But this particular case shows just how stupid the web3 criminals are, as well. After having their NFT stolen, Twitter user Yieldasaurus posted begging for the criminal to sell the Ape back to him at cost. Instead, speaking through a mediator and, ultimately, an accessory to the crime, a user going by Khalissman offered to sell the Bored Ape back to Yieldasaurus for 66 ETH (eventually the price was set at 58 ETH, which Yieldasaurus, begrudgingly, paid). Idiot loses ape, idiot incriminates self on Twitter After blaming everyone ...

25% of NFT owners have a collection of 51 or more – CoinGecko Report

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Despite the crypto bear market in 2022, there wasn’t a significant decline in NFT adoption, according to the report. Crypto data website CoinGecko has released survey findings indicating that the majority of nonfungible token (NFT) holders own 51 or more NFTs, while those who only hold a single NFT comprised the smallest group among the respondents. Published on April 6, the CoinGecko report examined 438 responses from Dec. 2022 to Jan. 2023 in conjunction with Blockchain Research Labs. At least 1 in 4 NFT holders (26.5%) said that they are “avid collectors” with 51 or more NFTs at the time of the survey, with the report noting this group likely represents people who are the most enthusiastic about NFTs. It noted: “This suggests that people rarely stop participating in NFTs after their first one.” It was closely followed by holders holding between 2 and 5 NFTs (17.6%), while those who held just one NFT accounted for a mere 4.8%. Source: coingecko.com Almost 4 out of every 10 people su...

Absorb for adoption — How infamous 30% Apple cut affects iOS NFT apps

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NFT application endures demanding fees on the Apple App store for the convenience of iOS payments and a broad user base. Apple’s continued enforcement of in-app purchases to sell services remains a trade-off for NFT applications looking to tap into the convenience of streamlined in-app purchases for iPhone users and a massive user base around the world. As previously reported, Apple maintains strict rules for nonfungible token (NFT) apps, enforcing a 30% commission on the sale of NFTs through in-app purchases. The enforcement of this 30% commission has been a sore point, with Coinbase Wallet seeing an update to its application blocked by Apple in December 2022. This was due to Apple suspending the latest app release until Coinbase Wallet disabled the ability to send NFTs through the application. Apple may have to permit third-party app stores on its devices by 2024 in the European Union in response to the recently drawn up Digital Markets Act. This is expected to allow developers to ...

'It would be absurd' for a US court to rule private NFTs as securities: Lawyer

The comments from the hosts of lawyers comes as Judge Victor Marreo said that Dapper Labs’ NBA Top Shot Moments NFT may constitute a security. Blockchain Association’s chief legal officer says “it would be absurd ” for a United States court to rule that digital assets on private blockchains are securities , following a federal judge's decision to allow a lawsuit against Dapper Labs's NBA Top Shots NFTs to play out.  U.S. attorney Jake Chervinsky made the comment after federal judge Victor Marreo denied a motion to dismiss a 2021 lawsuit that accused Dapper Labs of selling nonfungible tokens (NFTs) as unregistered securities. Chervinsky was among a host of lawyers on Twitter to reiterate that the judge’s denial of the motion does not mean a ruling has been made on the lawsuit, only that it was “facially plausible.” “The judge didn't decide anything. He allowed the case to proceed past a motion to dismiss because the securities claims were at least ‘plausible,’ an extremel...

NFT sales topped 101 million in 2022: DappRadar report

A recent report from DappRadar revealed that over the last year, NFT and gaming-centered decentralized applications rivaled DeFi DApps on many major blockchains. Over the last year, nonfungible tokens (NFTs) continued to play an important role in the growing Web3 industry. NFTs initiated a shift away from hype-based drops, to utility-centric projects with long-term value. A new DappRadar report on blockchain and decentralized application (DApp) adoption in 2022 revealed that the NFT sale count last year reached 101 million. This is a 67.57% increase from the previous year. According to the report, the Ethereum ecosystem holds the top spot in the NFT ecosystem, holding 21% of the market share and over 21.2 million transactions processed. It is followed by Wax (14.5 million), Polygon (13.3 million) and Solana (12.9 million). Both the Solana and Immutable X ecosystems saw massive growth from the previous year in terms of transaction activity, with a 440% and 315% increase, respectively....

5 sneaky tricks crypto phishing scammers used last year: SlowMist

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SlowMist found that across 303 recorded blockchain security incidents in 2022, nearly a third were made up of phishing attacks, rug pulls and scams. Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and trojan malware spread on messaging app Discord. It comes after the Security firm recorded a total of 303 Blockchain Security incidents in the year, with 31.6% of these incidents caused by phishing , rug pull or other scams, according to a Jan. 9 SlowMist Blockchain Security report. A pie chart of attack methods in 2022 in percentages Source: SlowMist Malicious browser bookmarks One of the phishing strategies makes use of bookmark managers, a feature in most modern browsers. SlowMist said scammers have been exploiting these to ultimately gain access to a project owner’s Discord account. "By inserting JavaScript code into bookmarks through these phishi...