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” Nifty News: Apecoin no longer going bananas, Pharrell touts Doodles and more “ ApeCoin (APE), the Ethereum-based token tied to the widely popular and almost definitely probably not 4Chan-related Bored Ape Yacht Club NFT project, saw its market cap drop by 67.2% or $4.3 billion during May and it has continued to slide since….
” Meta set to begin testing NFTs on Instagram Stories with Spark AR “ Instagram’s parent company, Meta, announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR. CEO Mark Zuckerberg said of the news, “We’re expanding our test so more creators around the world can display their NFTs on…
” Shopify unveils tokengated commerce as part of new connect-to-consumer experience “ As part of a new series of connect-to-consumer initiatives developed this year, Shopify will allow merchants to connect with fans and drive sales by creating exclusive merchandise for tokenholders. The initiative, dubbed “tokengate,” is available in early-access beta mode. Tokengated Experiences Ready to…
” Meet the Snoop Dogg impersonator who walked around NFT.NYC “ A man impersonating the hip-hop icon Snopp Dogg went around NFT.NYC to fire things up at the nonfungible token (NFT) event. While the intention was to bring fun to the event, there were some mixed reactions from the online community. In a tweet, Kevin…
“Once-hot NFT collections tank alongside cryptocurrencies” Once-hot NFT collections, including the celebrity-backed Bored Ape Yacht Club and CryptoPunk series, have tanked alongside cryptocurrencies and the stock market, leaving many digital collectible investors deep in the hole. The Bored Ape Yacht Club series — which has been endorsed by celebrities including Tom Brady, Madonna, Jimmy Fallon…
” GameFi continues to grow despite crypto winter: DappRadar report “ Blockchain games were the subject of the latest DappRadar x BGA Games Report #5, published on Tuesday. The report looked at healthy ecosystems and investments coming into the GameFi and metaverse markets. Several projects were covered in detail in the report, which outlined their…
” What is Vulcan Forged (PYR) and how to make money playing it? “ What is a play-to-earn crypto game? Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and gamers a more interactive, immersive and incentivized experience than ever before through the new game model advertised by tech enthusiasts and named the…
” Ukraine sells CryptoPunks NFT donation for 90 ETH, worth over $100K “ It took cross-border sanctions and an escalating war for the Ukrainian government to realize the importance of cryptocurrencies as it witnessed uninterrupted monetary aid in the form of crypto and nonfungible tokens (NFT). In a continued effort to aid the needs of…
” Crypto winter freezes sports sponsorships for digital asset firms “ The longer the crypto market stays in bearish territory, the more marketing deals with American sports teams are being taken off the table as crypto firms tighten their belts. Crypto exchange FTX has been rethinking its marketing plan to plaster its name and logo…
” China’s WeChat bans crypto and NFT-related accounts “ The top social media platform in China, WeChat, has updated its policies to ban accounts that provide access to crypto or NFT-related services. Under the new guidelines, accounts involved with the issuance, trading, and financing of crypto and NFTs will be either restricted or banned and…