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” SVB collapse chilled NFT trading volumes: DappRadar “ Nonfungible token (NFT) trading volumes took a massive beating following the collapse of Silicon Valley Bank (SVB) last week as traders fled the markets fearing the repercussions of a major United States bank going under. According to a March 16 report from data aggregation platform DappRadar,…
” Formfunction to shutter marketplace amid Solana NFT slump “ Formfunction, a Solana (SOL)-based nonfungible token (NFT) marketplace, has announced its closing up shop after only 13 months of operation amid a slump in Solana NFT prices and trading volumes. On March 15, Formfunction announced it is “shutting down” on March 29 saying it “cannot…
” OpenSea patches vulnerability that potentially exposed users’ identities “ Nonfungible token (NFT) marketplace OpenSea has reportedly patched a vulnerability that, if exploited, could expose identifying information about its anonymous users. In a Mar. 9 blog, cybersecurity firm Imperva detailed how it discovered the vulnerability which it claimed could deanonymize OpenSea users “by linking an…
” Binance NFT adds Polygon network support to its marketplace “ Binance NFT, the nonfungible token (NFT) arm of crypto exchange Binance, has announced that the Polygon network has been included in its supported blockchains within the marketplace. According to the announcement, the move further expands the NFT ecosystem within the Binance community. With the…
” Whale sells 1,010 NFTs in 48 hours in ‘largest NFT dump ever’ “ According to data from Nansen, nonfungible token (NFT) whale Jeffrey Hwang — known colloquially as Machi Big Brother — dumped 1,010 tokens for a total of 11,680 Ether (ETH) or $18.6 million in the space of 48 hours. In a Feb….
” How to create NFTs on the Cardano blockchain “ Cardano is a proof-of-stake (PoS) platform launched in September 2017 by Ethereum co-founder Charles Hoskinson. In September 2021, Cardano added support for smart contracts, which paved the way for developing decentralized finance (DeFi) and nonfungible token (NFT) applications. NFTs landed on Cardano’s blockchain in 2022,…
” NFT aggregator Blur eyes 30% price pump by March amid airdrop euphoria “ Blur (BLUR) could rise by up to 30% by March 2023 owing to a mix of technical and fundamental factors. Blur airdrop hype Blur is a nonfungible token (NFT) aggregator that indexes digital art listings across various base marketplaces like LooksRare…
” Nifty News: Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more “ New logo slated for Yuga’s dog-themed NFT collection The logo for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after recently surfaced allegations of intellectual property theft. Yuga…
” OpenSea implements 0% fees to win over NFT userbase lost to Blur “ Major nonfungible token (NFT) marketplace OpenSea announced a massive structuring around lower platform fees and greater creator earnings as competing marketplaces continue to drain away its once dominant user base. On Feb. 18, NFT marketplace Blur surpassed OpenSea in daily Ethereum…
” How to buy and sell NFTs on Polygon “ While cryptocurrencies have been quite the rage over the past couple of years, nonfungible tokens (NFTs) have risen as an alternate asset class within the cryptocurrency ecosystem. This ecosystem is revolutionizing the world of art and gaming, among a host of other industries. Serving as…