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“# Facebook ‘definitely looking’ at NFTs, says exec ” As Facebook now finalizes the development of its proprietary cryptocurrency wallet Novi, the social media giant could soon be supporting nonfungible tokens (NFTs). David Marcus, head of Facebook Financial and co-creator of Facebook-initiated cryptocurrency Diem, said Wednesday that the firm is “definitely looking” at possible ways…
“# NFT innovator HODL Assets acquires blockchain social commerce firm CoinLinked ” HODL Assets, a nonfungible token (NFT) aggregator platform, has announced the acquisition of blockchain-based social network and commerce platform CoinLinked. According to a release issued on Wednesday, Wall Street veteran and CoinLinked founder Jenny Ta will also join the HODL Assets team as…
“# Derivatives data shows Ethereum traders positioned to extend the ETH rally ” Ether (ETH) price rallied 32% leading up to August 23, and despite testing the $3,000 support multiple times, the level has held firmly. Meanwhile, Bitcoin (BTC) could not sustain the $50,000 mark, at least in the short-term. According to Cointelegraph, pro traders…
“# Fetch.ai launches NFT platform for AI-generated art ” Blockchain artificial intelligence lab Fetch.ai has launched a new NFT marketplace for AI-generated art, giving users the ability to create digital collectibles in a collaborative setting through machine learning technology. The new platform, dubbed Colearn Paint, allows groups of creators to automatically generate and collectively own…
“# Mark Cuban-backed Alethea AI closes $16M private token sale ” Nonfungible token protocol Alethea AI has closed a $16 million private token sale to build scalable infrastructure for the NFT market, highlighting once again the growing demand for digital collectibles. Billionaire investor Mark Cuban was among the backers of the Alethea AI token sale,…
“# FTX’s Bankman-Fried remains cautious about nascent NFT space ” In an interview with CNBC’s Street Signs Asia released Tuesday, Sam Bankman-Fried expressed optimistic caution surrounding the pace of nonfungible tokens’ (NFT) growth over the last year, warning investors that they could become vulnerable to the volatile market dynamics if improperly educated in the space….
“# Nifty News: Kobe Bryant NFTs, tokenized baseball stadiums, and more… ” The return of Fame Lady Squad The Fame Lady Squad (FLS), a nonfungible token (NFT) avatar project purporting to have been created by an all-female team, is set to re-launch today with a new team after it was uncovered that three Russian men…
“# WAX, Gnosis and IOST pack on gains after Bitcoin price hits $50K ” The bull market narrative has returned now that Bitcoin (BTC) price managed to briefly climb above $50,500 on August 23. A handful of altcoins have also seen their prices charge higher as the momentum in the market continues to build. For…
“# Visa invests $150,000 in NFT CryptoPunk Asset ” Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017. In a blog post announcement released…
“# This time it’s different: When DeFi meets NFTs ” With decentralized finance and nonfungible tokens seeing a meteoric, rise it’s easy to believe crypto apps are finally breaking through. But is there actually real user growth, or is it just the same influencers moving from one hyped market to the next? We sought to…