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” Nifty News: Total BAYC thefts crack $18.5 million, “Ape Now, Pay Later” loans come for NFTs and more “ A Dune analytics platform user has found that more than $18.5 million worth of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) Nonfungible tokens (NFTs) have been marked as stolen or flagged…
” Reddit announces new blockchain-backed ‘Collectible Avatars’ “ Content aggregation, ranking, and discussion website Reddit announced a new blockchain-backed avatar system on Thursday. Though no official date was revealed, the company suggested that the avatars will be available to the general public in the next few weeks. For now, Reddit is providing first-look early access…
” How the Metaverse can revolutionize the fashion industry “ The idea underlying digital fashion can be difficult for many to grasp since buying/trying out clothes that only exist in a virtual world can seem quite strange at first. However, with this niche market continuing to gain a lot of traction recently, many experts are…
“Dallas Mavericks fans fume at Mark Cuban over Voyager crypto bankruptcy” Dallas Mavericks fans are getting burned by the bankruptcy of ill-fated crypto brokerage Voyager Digital — and they’re lashing out at the NBA team’s owner Mark Cuban for luring them to invest in the company. Voyager declared Chapter 11 late Tuesday, citing chaos in…
” NFTs to authenticate racing car parts: Nifty Newsletter, June 29–July 5 “ In this week’s newsletter, read about Binance’s partnership with the most-followed TikToker Khaby Lame. Check out how Vincenzo Sospiri Racing will use NFTs to authenticate car parts and how NFTs will gradually appear on Facebook and other Meta-owned apps. Meanwhile, an NFT…
” What does a bear-market ‘cleanse’ actually mean? “ In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century. The post-mortem consensus on the crypto market crash among industry…
” Lamborghini-backed GT racing team to authenticate car parts using NFTs “ Vincenzo Sospiri Racing (VSR), a GT racing team backed by Lamborghini’s motorsport department, has announced its partnership with nonfungible token (NFT) platform Go2NFT to launch a program that certifies racing car parts. In an announcement sent to Cointelegraph, former racing champion Vincenzo Sospiri…
” Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more “ Polium, a company that markets itself as “building the products and infrastructure for Web3 gaming,” has said it’s launching a gaming console that will support multiple blockchains and nonfungible tokens (NFTs). The…
“British Army’s YouTube and Twitter accounts hacked by crypto scammers” Cyber criminals hacked into the official Twitter and YouTube accounts of the British Army on Sunday and posted notices promoting a cryptocurrency scam. The hackers changed the Twitter account’s name to “psssd” and the profile and banner photos were changed to an image meant to…
” Are expiring copyrights the next goldmine for NFTs? “ Although non-fungible tokens (NFTs) are most commonly known in the form of digital art, they exist in many other forms and represent much more than just art. In the creative industry, NFTs have been used by musicians such as Kings of Leon to release their…