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” 74% of survey participants say they buy NFTs for status “ According to metaverse platform, Metajuice, almost three out of four of the nonfungible token (NFT) collectors on its platform purchase NFTs for status, uniqueness and aesthetics. While current NFT sales are not as high as during the peak in 2021, the space still…
” Ukraine netted $70M in crypto donations since start of Russia conflict “ Ukraine has received over $70 million in the form of cryptocurrencies since the start of the Russian-Ukrainian conflict, providing the nation with military equipment and humanitarian assistance. The figures came from a Feb. 24 report by blockchain data platform Chainalysis, which found…
” 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….
” NFT Steez and Victor Solomon discuss building in Web3 and the metaverse “ NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey in bridging his in-real-life artwork with NFTs and how he cultivates the community and culture that surrounds his art. Solomon’s work centers around basketball —…
” Emojis count as financial advice and have legal consequences, judge rules “ A United States District Court judge for the Southern District of New York ruled that emojis like the rocket ship, stock chart and money bags mean “a financial return on investment, ” according to a recent court filing. In a tweet, former…
” How to teach cryptocurrency to your children “ Teaching cryptocurrency to children can be a great way to introduce them to the world of finance and technology. Here are some interactive ways one can utilize to teach cryptocurrency to children: Start with the basics and use analogies Start by defining and describing the nature of…
” Blur founder Pacman puts the NFT marketplace war into perspective “ In this episode of Hashing It Out, Pacman, the founder and core contributor of the nonfungible token (NFT) marketplace Blur, joins Elisha Owusu Akyaw to discuss how Blur has captured the attention of the NFT market. The tides in the NFT ecosystem changed…
” 3AC liquidators to sell firm’s NFTs to realize value amid bankruptcy “ Nonfungible tokens (NFTs) belonging to the bankrupt hedge fund Three Arrows Capital (3AC) will be sold by its liquidators Teneo, according to a recent announcement. In a notice dated Feb. 22, Joint Liquidator Christopher Farmer announced that the liquidators are intending to…
” Spotify started testing Web3 wallets integration “ Music streaming platform Spotify expands its Web3 efforts by testing token-enabled playlists in several key markets. Overlord, a Web3 gaming ecosystem, reported on Feb. 22 the start of its partnership with Spotify. The token-enabled community-curated playlist from Overlord may now be accessed via Web3 wallets of those who hold…
” ‘It would be absurd’ for a US court to rule private NFTs as securities: Lawyer “ Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a lawsuit against Dapper Labs’s NBA…