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“# Nifty News: Dolce & Gabbana’s historic NFTs, ’26 minute’ CryptoPunk flip, FTX spammed ” Dolce & Gabbana knocking on the Dior of NFTs Luxury Italian fashion house Dolce & Gabbana is entering the NFT sector with a nine-piece collection of tokenized fashion pieces in collaboration with the Polygon-based UNXD marketplace. The firm was founded…
“# NFL reportedly bans teams from crypto advertisements and NFTS sales ” The United States National Football League (NFL) has reportedly barred all teams and members from crypto-related sponsorships and advertisements, as well as nonfungible token (NFT) sales. According to a report by The Athletic, the NFL has restricted the sale of sponsorships to cryptocurrency…
“# Crypto exchange FTX launches NFT marketplace for US-based customers ” After witnessing the parabolic growth of the nonfungible token (NFT) ecosystem since the turn of the year, popular cryptocurrency exchange FTX has become the latest crypto platform to announce the launch of a native NFT marketplace. Exclusive for United States-based customers, the platform will…
“# New industry, new rules: Building the Metaverse without bias ” While the COVID-19 pandemic decimated certain industries like tourism and retail, other entirely new industries have emerged. Two years ago, the concept of a “metaverse” was virtually unknown. Today, the term is trending everywhere online, with new companies and funds entering the space every…
“# Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi ” An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation is underway. This is especially important in the rapidly moving cryptocurrency markets, which can change…
“# 1inch Network sponsors crypto-themed animated NFT series ” Decentralized exchange aggregator 1inch has partnered with an animated series which pokes fun at start-ups in a Silicon Valley-like setting. In a Friday announcement, 1inch said it would be sponsoring the non-fungible token, or NFT, series Take My Muffin in addition to providing its technical expertise…
“# Solana extends rally with another new high — Why is SOL price up by 70% in one week? ” Solana (SOL) started Friday at a new record high as investors continued to bet positively on its success in the decentralized finance (DeFi) and nonfungible tokens (NFT) sector. The SOL/USD exchange rate reached $146.28 for…
“# JPMorgan sounds alarm over ‘frothy’ crypto markets after August boom ” JPMorgan analysts have warned clients that cryptocurrency markets are looking frothy after the August trading boom saw spot market trading volumes once again top $1 trillion. In a note to clients reported by Markets Insider, the JPMorgan analysts suggested valuations in crypto markets,…
“# Doge meme hits $220M valuation, as Sotheby’s Bored Apes auction is tipped to fetch $18M ” The original Doge meme NFT has soared to a valuation of around $220 million following its successful fractionalized token sale this week. Ludicrously high prices for in demand NFTs are the flavor of the week, with Sotheby’s new…
“# NFT projects and high yield opportunities back Zilliqa’s strong rebound ” One of the most important factors in the long-term success of a blockchain platform is having an active community of supporters and developers that work to showcase the capabilities of the network by creating new products and interacting with projects on the protocol. …