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” Alibaba Cloud launches NFT solution… then quickly memory holes it “ The cloud business unit of Chinese marketplace giant Alibaba Group Holdings launched a new NFT solution and then promptly deleted all mention of it online. According to a now-deleted Twitter post announcing the launch on June 8, the firm’s NFT marketplace solution included…
” ‘The metaverse will empower human beings’, declares Qatar Airways “ Qatar Airways announced Tuesday that it had launched its first metaverse experience, QVerse. This virtual reality platform allows interested parties can virtually visit and navigate the Premium Check-in area at the International Airport of Hamad (HIA). According to the company’s statements to Cointelegraph however, QVerse…
” Anonymous hacker served with restraining order via NFT “ Law firms Holland & Knight and Bluestone have served a defendant in a hacking case with a temporary restraining order through a nonfungible token, marking the first known legal process to be facilitated by an NFT. The so-called “service token” or “service NFT” was served…
” Despite what you heard, NFT market is far from dead: DappRadar “ The market for nonfungible tokens, or NFTs, has slowed from its peak, but that doesn’t mean the industry is dead — far from it, actually. NFT sales volumes came in at a healthy $3.7 billion in May, according to DappRadar’s latest Industry…
” Optimism loses 20M tokens after L1 and L2 confusion exploited “ The honeymoon period for the Optimism layer-2 scaling solution has been cut short as an exploit in its market maker’s smart contract led to the loss of 20 million OP tokens. The exploit took place May 26 but has only just been reported…
” ApeCoin DAO officially favor to remain within Ethereum ecosystem “ ApeCoin DAO, a governance system serving the democratic rights of ApeCoin holders — a digital asset tied to the Bored Ape Yacht Club ecosystem — published an official proposal on May 2 to debate whether the asset should remain on Ethereum, transition to a layer-2…
” Metaverse sneak peek: Project aims to build a creator-focused economy through blockchain “ A metaverse project that would provide a digital hub for creators gave the community an opportunity to travel within its metaverse city and explore an early version of the vision that it aims to achieve. Last week, Web3 creator economy protocol…
” Solana Ventures sets up $100M fund for GameFi and DeFi in South Korea “ Solana Ventures and the Solana Foundation have formed a $100 million fund to help support the growth of nonfungible token (NFT), blockchain gaming and decentralized finance (DeFi) projects in South Korea. In addition to supporting projects built on Solana (SOL),…
” Beer, gambling and crypto: Budweiser races into Zed Run’s NFT games “ Popular beer manufacturer Budweiser has teamed up with Zed Run to deploy tokenized Clydesdale draught horses in its virtual NFT-based horse racing and wagering game. The latest move from Budweiser adds to the $120,000 it spent on NFT fan art and the…
” Metaverse tokens up 400% year on year despite altcoin bloodbath “ Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year-on-year. Leading the gains are Decentraland (MANA) up 41%, Sandbox (SAND) up 470%, Axie Infinity (AXS) up 511%, and STEPN (GMT) up 746% according to…