Summary: The incubator dubbed Chiliz Labs will support early-stage web3 sports and entertainment projects that build on the company’s layer 1 blockchain launched in February. Investment company Jump Crypto backs the $50 million incubator initiative, per an official announcement on Wednesday. The company’s new Ethereum Virtual Machine-compatible blockchain will expose...
The founders of the Friendsies NFT collection have pulled the rug. The rug pull comes less than a year after the project raised $5 million at an auction hosted by Christie’s on OpenSea.
NFT marketplace Blur's long-awaited airdrop went live earlier today. The token has since tanked more than 85% following multiple issues highlighted by the Blur community.
Dookey Dash, the skill-based game launched by BAYC creator Yuga Labs last month, is plagued with rampant cheating. Players are paying thousands to boosters to pump their scores on the leaderboard.
Summary: The blockchain-powered sports fan token launched its own layer 1 decentralized network on Tuesday. Chiliz’s L1 chain is compatible with the Ethereum Virtual Machine program, allowing developers to broadcast smart contract codes on Ethereum’s blockchain. The protocol’s token CHZ pumped as high as 20% on the news. Blockchain sports...
French blockchain startup Sorare has signed a multimillion pound NFT deal with the English Premier League to create and distribute digital collectibles featuring players from all 20 football clubs.
OpenSea, a leading marketplace for digital collectibles and non-fungible tokens (NFTs), has announced support for Arbitrum Nova, a Layer 2 blockchain that aims to provide low-cost data availability. Arbitrum Nova, a new addition to the Arbitrum ecosystem, is intended to be the premier choice for Web3 gaming and social applications....
SuperRare, a non-fungible token (NFT) marketplace, has laid off 30% of its staff due to the prolonged crypto winter. CEO John Crain stated that the company overhired during the market boom, leading to unsustainable growth. The layoffs were necessary to “rightsize” the company and ensure its ability to continue serving...
Summary: The decentralized exchange announced non fungible token trading on Wednesday months after buying Genie, a major NFT aggregator. Wednesday’s update features a $5 million airdrop in Circle’s USD Coin (USDC) for Genie users. The popular DEX hopes to bridge the gap between crypto exchanges and digital collectible marketplaces. Uniswap...
