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“# NFT trading game Axie Infinity launches AXS staking program ” Axie Infinity, a play-to-earn NFT game based on the Ethereum blockchain, announced the launch of the staking program for its native token, Axie Infinity Shards or AXS. AXS holders can start staking their tokens while the rewards will be activated in 24 hours to…
“# Eternal Beings NFT prices plunge after rapper Lil Uzi deletes promo Twitter posts ” The floor price of Eternal Beings NFTs plunged after affiliated celebrity rapper Lil Uzi deleted his promotional posts about the project. The Solana-based NFT project consists of 11,111 computer-generated alien avatar NFTs that feature similar traits to the Lil Uzi,…
“# Cloned CryptoPunks are back on OpenSea marketplace after DMCA counter notice ” Nonfungible token marketplace OpenSea is once again listing the Polygon-based copy of CryptoPunks after a successful Digital Millennium Copyright Act counter notice. In a Sept. 28 announcement on Twitter, the PolygonPunks project said its nonfungible token, or NFT, collectibles were back on…
“# Ripple launches $250M fund for NFT creators ” Ripple Labs is launching a fund for creators, marketplaces and brands to explore new use cases for nonfungible tokens, or NFTs, on its ledger. In a Wednesday announcement, Ripple said the $250 million fund would be focused on accelerating adoption in the crypto space by working…
“# Dapper Labs to launch Top Shot for NFL, as FTX signs the Packers’ Aaron Jones ” Dapper Labs, the creators of NBA Top Shot and top crypto derivatives exchange FTX are both turning to the National Football League as part of their expansion initiatives. Dapper Labs is reportedly working on an NFL collectibles marketplace,…
“# Stablecoin launch and NFT integration back COTI’s rise to a new all-time high ” The blockchain ecosystem has evolved significantly over the past decade as smart contract capabilities have moved the industry from being a simple medium of exchange to a bustling ecosystem full of decentralized finance (DeFi) and nonfungible tokens (NFT). One project…
“# IMVU to integrate Immutable X for NFT gaming ” Immutable X, the scaling solution for layer-2 NFT protocol Immutable, has penned an agreement with Together Labs to integrate into the platform’s native social metaverse IMVU. The partnership will foster the creation and distribution of NFTs within the game’s virtual ecosystem. IMVU, pronounced “imm-view,” is…
“# Derivatives data suggests Solana has reached a short-term top ” Solana (SOL) reached a $216 all-time high on Sept. 9 after rallying 508% since Aug. The bull run caused some analysts to project a $500 target which would translate to a $150 billion market capitalization. It is worth noting that during SOL’s rally, the…
“# Charitable sustainable NFTs for the United Nations’ 17 SDGs ” In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. The United Nations General Assembly (UNGA)…
“# DeFi: Who, what and how to regulate in a borderless, code-governed world? ” Hold onto your hats, boys and girls! It’s a new world — a financial system without intermediaries, that anyone can access 24 hours a day with only a mobile phone and a wallet! As Julien Bouteloup said to me: “In DeFi,…