An NFT collector lost a digital collectible from the Ether Rock collection worth $1.2 million after a major listing error. The holder put the rock up for sale but failed to set the appropriate trading currency. After setting the price in WEI instead of ETH, the million-dollar rock NFT was...
ApeCoin’s recently token airdrop presented a rare opportunity for an anonymous trader to gain a hefty profit from minuscule transactions fees. The trader supposedly leveraged a fractionalized NFT platform with flash mint support to make over $800,000 while paying $642 in transaction fees. The ApeDAO launched its so-called ApeCoin ERC-2O...
Quick take: 14 Ethereum addresses with no NFT history purchased 159 Meebits between March 5th and March 11th These purchases were before Yuga Labs acquired the Meebit collection created by Larva Labs The transactions have raised accusations of insider trading However, NFTs and cryptocurrencies are yet to be fully regulated...
Quick take: The Flow Foundation and Dapper labs have partnered to dedicate $10 million in USD and FLOW to support DApp builders in the NFT gaming industry The funds will be available for the next three months The top three projects will receive $100k in seed funding The Flow Foundation...
NFTs are playing an important role in raising funds for Ukraine Numerous NFT projects are helping raise money for Ukraine that will be used to provide humanitarian aid to Ukrainian citizens The Ukrainian officials are also planning to launch an NFT collection in near future. Non-Fungible tokens or NFTs have...
Quick take: Yuga Labs has released a teaser trailer of its yet to be launched Bored Ape Yacht Club metaverse The trailer was released via Twitter with a caption that suggests an April launch The trailer of the BAYC metaverse showcases other NFTs such as Mutant Ape Yacht Club, Cool...
Aavegotchi and the Gotchiverse Pixelcraft Studios, the team behind the digital pets that double down as yield generating NFTs known as Aavegotchis, is launching its play-to-earn metaverse on March 31st. The Gotchiverse is an immersive blockchain Role Playing Game (RPG) that will allow players to earn real money by simply...
Quick take: The founder of NeoNexus has announced that the team can no longer continue developing the Solana based NFT project Jack Shi cites the drop in Solana prices as the reason for the decision and proposed handing over the project to its community Crypto-twitter has responded by suggesting that...
GameStop Taps Loopring layer 2 solution for NFT marketplace.
The beta version of GameStop’s NFT marketplace has gone live on Loopring L2. The marketplace will use the zk-Rollup technology to power its transactions, allowing trades at low cost and high speed. GameStop will focus on attracting developers and players to use its marketplace, with the aim of becoming a...
Quick take: The legendary pop star, Madonna, has acquired her very first Bored Ape NFT MoonPay facilitated the transaction for Madonna that cost her 180 Ethereum (ETH) English Premier League Hall of Famer, David Beckham, is now the global brand ambassador for the DigitalBits blockchain David Beckham plans to connect...
Summary: The ApeCoin DAO currently has 5 proposals up for voting Members of the ApeCoin DAO are so far against 2 of them which center around staking The first one is AIP-4 which proposes a staking system for Apecoin and the BAYC NFT ecosystem The second one is AIP-5 which...