The largest crypto exchange in the US by trading volume, Coinbase, announced on Wednesday, July 12, an upgrade on its digital wallet. The Coinbase team introduced an encrypted messaging feature on the wallet to facilitate users communication. The report revealed that Coinbase…
In a press release dated July 11, the New York-based blockchain development company Consensys launched an Ethereum layer-2 scaling solution dubbed Linea Network. The report revealed that the Linea network would support developers in creating their projects. Additionally, the developers building on…
On Tuesday, the best-performing community-centric NFT marketplace Magic Eden revealed plans to expand its Ordinals offering. The Magic team plans to introduce a new set of tokens centered on the Bitcoin network to support the BRC-20 tokens. On June 27 at 8…
An advanced announcement issued by Adidas revealed that the footwear company has collaborated with the New-York based digital collectible artist FEWOCiOUS to create unique sneakers. The report revealed that Adidas and FEWOCiOUS would leverage the vast experiences into developing Trefoil Flower, a…
Louis Vuitton, the famous luxurious fashion brand, announced on Tuesday plans to release a new series of non-fungible tokens (NFTs) dubbed “Treasure Trunks.” The fashion company stated that each NFT would be traded at $41712, equivalent to €39,000. The Louis Vuitton team…
The leading consumer electronic company in South Korea LG has submitted a patent to the World Intellectual Property Organization (WIPO). The patent allows LG users to trade their nonfungible tokens (NFTs) on the TV set. The team behind LG’s latest development confirmed…
On Thursday, Solana Labs launched a new office in New York. The May 11 report came months after the prominent Solana bricks-and-mortar company ceased operating in New York and Miami due to the prolonged crypto winter. In their announcement, the Solana Labs…
An official announcement from Good Luck Games, the developers of video games, including the famous Storybook Brawl (SBB) has announced plans to sunset its operation. The April 25 announcement revealed that the Bahamian crypto exchange FTX’s departure from the digital space negatively…
Although the year 2023 has recently started, the crypto industry has seen several developments in the respective short period. Particularly, in the case of exploits, the industry has been hit with a loss of up to $119 million up till now this…
Bitcoin NFTs (non-fungible tokens) have grabbed the attention of many crypto fans in recent weeks. They have also created new opportunities on the largest and oldest blockchain. For many years, Ethereum has been known to be the major host of most NFTs,…
y00ts is finally migrating to Polygon, and early data shows the NFT holders are supporting that move. As of this writing, over 80% of the NFTs have already migrated to their new home from Solana. Web3 startup DeLabs is the creator of…
NFTs or Non-Fungible Tokens are digital assets that represent ownership of a unique item, such as artwork, music, or collectibles. They have become increasingly popular recently, with some selling for millions of dollars. While many NFTs are bought using cryptocurrencies like Ethereum,…
Before I discuss blue chip NFTs, it is important you know what NFTs are and their use cases. NFTs (non-fungible tokens) are unique digital assets linked to physical or virtual content, representing ownership, community membership, and authenticity. In games, these assets allow…
A well-known NFT trader, @nfexdragon, recently turned to social media to educate other traders on recognizing manipulators in the BLUR NFT marketplace. In a Twitter thread, SD, as the trader is called, presented a series of observations, warning that manipulators often make…
Gaimin, Switzerland’s leading Web3 gaming developer, has activated a unique game launcher on its platform. A report from the Gaimin team dated March 16 revealed that the company would integrate a rewarding system to boost gaming interest. The team plans to launch…
The South Korean-based gaming company Wemade has sealed a partnership deal with Microsoft- backed Space and Time to expand its presence in the Web3 world. Wemade issued a report on March 15 disclosing the plans of the partnership. According to the report,…
The popular online fashion store DressX has announced to generate $15 million from a series A funding round closed in February. The fashion company launched the funding round to generate a substantial amount necessary for the company to restructure and expand its…
Many people are interested in trading NFTs for trading purposes. The users who are present on the Binance exchange may now exchange and trade NFTs on the Polygon network. The new change has been made possible on account of a new integration…
The previous year had posed a lot of challenges to the crypto industry. They included liquidity issues, huge declines in top assets’ value, as well as a great number of bankruptcies. The market additionally went through several security threats with hackers stealing…
SuperRare, a marketplace for curated non-fungible tokens (NFTs), has minimized its employees by up to 30%, as stated by John Crain (its CEO) on Friday. This decision shows that the crypto winter is posing an extreme impact on the industry as several…
