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Crypto

On-chain crypto, DeFi, NFTs, and industry news.

937 articles · Page 33

News

Formula One’s Red Bull Racing Team Releases NFTs On Tezos

Oracle Red Bull Racing, a Formula One racing team, has made F1 history in collaboration with Chiru Labs, the creators of Bybit and Azuki. The Azuki NFT will be visible on the team cars at the 2022 season finale in Abu Dhabi. Quick Take: Related Content: NBA Legend Promotes Himself via Scottie Pippen NFTs The last

Anvi Saini

News

NBA Legend Promotes Himself via Scottie Pippen NFTs

Scottie Pippen NFTs are now accessible and playable on the Web3 fantasy role-playing game, Smolverse Alongside Cristiano Ronaldo, Snoop Dogg and Billy Ray Cyrus, Scottie Pippen is another celebrity who’s not put off from launching an NFT project this month despite the current market crash, and FTX not helping matters. Quick Take: Related Content: OWNIC

Leah Waters

News

Adidas’s First Wearable NFT Collection Allows You To Dress and Undress Your Bored Ape

Adidas is launching a new NFT collection called Virtual Gear. This wearable NFT collection has a unique feature where the owners can use a dressing tool. At present, only two NFT collections are compatible, including BAYC and Mutant Ape Yacht Club. In the earlier development, the owners could remove the dressing from their PFP character.

Anvi Saini

News

The Sandbox to Explore Latin America With LEAPR NFTs

LEAPR is preparing to celebrate the cultures of Latin Americans on The SandBox metaverse The Sandbox joins forces with Argentinian digital agency, LEAPR Studio, to increase metaverse and NFT exposure in Latin America next Spring. Quick Take: LEAPR and The Sandbox’s Web3 Venture LEAPR’s first game in The Sandbox will launch in March 2023, including

Leah Waters

News

Manchester United Releases Free NFTs For Fans on Tezos Blockchain

The official press release pertaining to the Manchester United x Tezos launch hints at the purpose of the NFT release. It will allow the members of a global community to engage with the club, its players, and its legends. Moreover, it is going to give like-minded fans a new platform to interact and engage. Quick

Anvi Saini

News

Cristiano Ronaldo Announces Binance NFT Collection: Fans Outrage

Manchester United and Portugal soccer star, Cristiano Ronaldo, announced yesterday that he is launching an NFT collection through Binance on Friday, November 18. Based on recent poor form and controversial interview with Piers Morgan, fans have been outraged at the timing of his announcement. Quick Take: Cristiano Ronaldo and Binance NFTs Yesterday, November 15, Cristiano

Ross Wardrop

News

Steve Jobs’ Birkenstock Sandals And Accompanying NFT Sell For $200K

A pair of Birkenstock sandals worn by Apple co-founder, Steve Jobs, in the 1970s during the creation of what is now one of the biggest companies in the world, sold for nearly $200,000. The eventual winner of the auction was also given an accompanying NFT to the sandals. Quick Take: The Steve Jobs Birkenstock Sandal

Ross Wardrop

News

Sony’s PlayStation Dives Deeper Into Web3 Sector With a New Use Case of NFTs

Sony PlayStation filed a new patent, hinting that they are now going to use NFTs to track in-game assets. This will become a novel PlayStation Web3 solution to use the distributed ledger and blockchain technology for creating, using, and modifying in-game assets. The patent is called “Tracking Unique In-Game Digital Assets Using Tokens on a

Anvi Saini

News

Nike’s Big Push Into the Blockchain ’.Swoosh’ is Now Live

Nike is expanding its presence in the metaverse with the launch of.Swoosh, a new platform that will house the sportswear company’s virtual footwear, apparel, and accessories. Quick Take: Nike intends to create a robust web3 community in .Swoosh (pronounced ”dot Swoosh”). Overall, Users can access exclusive events, collaborate with Nike designers on virtual products, and

Anvi Saini

News

CoinStats Launches Powerful Tracking Tools to Dominate the NFT Market

CoinStats unveils new portfolio management tools: CoinStats Midas, DeFi Tracking, Floor Price Alert and NFT Collection Tracking Today, CoinStats presents its new line of products and discusses the vision of the crypto company at Supernova Fall 2022. Quick Take: Unveiling Hot New NFT Features The company’s founder CEO, Narek Gevorgyan, took the stage at the

Leah Waters

News

Yuga Labs Acquire Beeple’s WENEW And 10KTF To Their Portfolio

Yuga Labs, the founders of Bored Ape Yacht Club, and owners of Cryptopunks, have added Beeple’s WENEW and accompanying 10KTF NFT collection to their growing portfolio of brands, collections and more within the industry. Quick Take: Yuga Labs’ Acquisition of Beeple’s Company & Collection Yuga Labs are best known to be the owners of the

Ross Wardrop

News

BAYC to Introduce a New Model For NFT Creator Royalties

The current NFT creator royalties discussion continues to elicit differing opinions from members of the crypto community. Bored Yacht Club (BAYC) founders have entered the debate, proposing a balanced royalty model that empowers both creators and consumers. Quick Take: The BAYC Takes Part in the NFT Creator Fund Argument The co-founders of BAYC stated that

Anvi Saini

News

FTX Bankruptcy Puts Bored Apes at Risk

FTX bankruptcy puts 98 OG NFTs at risk—including some of the rarest, golden-furred Bored Apes FTX holds Bored Ape and Otherdeed for Otherside NFTs following helping Yuga Labs raise capital. Thus, around $5.8 million (5,000 ETH) worth of OG NFTs are at risk due to FTX’s recent bankruptcy. Quick Take: Related Content: Sequoia Capital’s $213.5

Leah Waters

News

Binance Football Fever 2022 Offers Fans $1 Million in Rewards

Binance brings ”Binance Football Fever 2022,” a one-of-a-kind football experience to the blockchain. The pool of rewards shareable among the participants has prizes worth $1 million. Moreover, it includes prizes like tokens, limited edition NFTs, and meetings with star players of the tournament. The users will participate in daily challenges and predictions. Quick Take: A

Anvi Saini

News

Sequoia Capital’s $213M Investment in FTX is Now Worthless

Hours ago, Sequoia Capital announced the total loss of their investment in the now apparently bankrupt FTX. In a statement to LPs (read: investors), the fund stated they are currently valuing their FTX investment at $0. The statement was republished to the firm’s Twitter account: Across 2 funds, Sequoia Capital has invested over $213 Million

Ty Smith

News

Is FTX Bankrupt? It Appears So.

The fears are all but confirmed. Just now, according to Bloomberg, Sam Bankman-Fried, the CEO and Founder of crypto exchange FTX, has issued a warning to his investors. The warning was simple: we need more cash or we are going bankrupt. Bankman-Fried has stated the firm faces a shortfall of cash of up to $8

Ty Smith

Guides

Why Do People Buy NFTs? Four Key Reasons

There’s much more to non-fungible tokens (NFTs) than digital art that looks like JPEGS. But why do people buy NFTs? Regardless of the crypto and NFT market being down, people still hope to become rich off this digital art. Or, at least, enjoy having access to unique art and media files, physical or digital goods,

Leah Waters

News

Lionel Messi, PSG, Takes Stake in SoRare, Becoming an Ambassador

Paris Saint Germain starlet and all-time soccer/football great, Lionel Messi, has finally invested in the French fantasy football NFT platform, SoRare, following in the footsteps of several players from across the world. Messi, 35, has also joined the company as a Brand Ambassador. Quick Take: Messi Invests in SoRare Soccer star Lionel Messi has joined

Ross Wardrop

News

OpenSea Finally Addresses NFT Royalties, but Creators Are Disappointed

For quite some time, NFT creator royalties have been making the rounds in the entire industry. With different opinions from everyone in the industry, it is hard to find a middle ground. But after taking things into consideration, OpenSea is now providing creator royalties to creators on their marketplace. Plus, the On-Chain Operator Filter Registry

Anvi Saini

News

Adidas to Grant Capsule NFT Owners to ‘Unbox The Impossible’

Adidas’ Bored Ape says the ”future is serious fun” while unveiling new Web3 initiative, ’Unbox The Impossible’ Holders of Adidas’ Capsule NFTs—Into The Metaverse—will be able to ’Unbox The Impossible’ on November 16. Quick Take: ’Unbox The Impossible’: What We Know Thus Far All holders of Adidas’ Capsule NFTs will receive a surprise in just

Leah Waters

News

FEWOCiOUS Writes Emotional Letter to OpenSea Regarding Artist Royalties

In response to the recent proposal from OpenSea that they will no longer offer artists royalty fees, teen superstar artist, FEWOCiOUS responded to the marketplace company with an emotional letter, detailing stories about his career as a young transgender artist, and how artist royalties have affected his, and other young people like him. Quick Take:

Ross Wardrop

News

Ethereum Roadmap Includes New Stage: The Scourge

The Ethereum roadmap aims to include ”reliable and credibly neutral transaction inclusion, to avoid centralization and other protocol risks from MEV” Ethereum co-founder, Vitalik Buterin, unveils an update to the Ethereum roadmap—showcasing goals to mitigate censorship, block verification and centralization, and so forth under six stages, including a brand new one. Quick Take: What’s In

Leah Waters

News

NFT London Looked Empty: Twitter Blames Ticket Prices

NFT London, hosted by the company behind NFT.NYC, took place on Thursday, November 3rd and Friday, November 4th. After taking time to consider, the NFT community on Twitter weren’t happy: attendance numbers looked poor, and the event lacked some professionalism, according to some. Quick Take: How NFT London Went Down NFT London, supported by Immutable

Ross Wardrop