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“# Coinbase announces multiyear partnership with NBA and WNBA ” Major cryptocurrency exchange Coinbase has inked a deal with the National Basketball Association, giving the platform the opportunity to educate basketball fans on crypto. In a Tuesday announcement, Coinbase said it would become the exclusive cryptocurrency platform partner of the National Basketball Association, or NBA,…
“# Retro NFT packs drive frenzied Top Shot speculation ” Trade volume for NBA Top Shot’s nonfungible tokens has skyrocketed over the weekend following the launch of their retro Run It Back 2005-06 packs on Friday, Oct. 15. According to Crypto Slam, daily volume on Top Shot’s marketplace jumped by more than 440% from $829,520…
“# NFTs allow people to ‘interact with crypto in a hands-on way’ — Shaq ” Nonfungible tokens, or NFTs, have been a revolutionary force in the crypto, arts and sports industries, not only because of the financial liberation successful projects offer to creators but also their ability to bring art lovers closer to creators and…
“# UK Gambling Commission opens inquiry into fantasy NFT soccer game Sorare ” The Gambling Commission in the UK has opened an inquiry into Sorare, a popular NFT fantasy soccer game that raised $680M in a funding round last month “The Gambling Commission is currently carrying out enquiries into the company to establish whether Sorare.com…
“# Valued at $4.3B, NFT platform Sorare to invest in women’s sports ” Following a $680 million funding round, nonfungible token (NFT) marketplace Sorare is looking to be an active player in bridging the gap between sports and digital entertainment. Now valued at $4.3 billion, Sorare told Cointelegraph that the company plans to use the…
“# NFT for the win: Grandmaster Magnus Carlsen chases a nonfungible trophy ” An international chess tournament, Meltwater Champions Chess Tour (MCCT), has announced to mint nonfungible token (NFT) trophies and collectibles for preserving the game‘s most defining moments for infinity. The winner of the MCCT will be awarded an NFT trophy, marking the mainstream…
“# Nifty News: DJ Paul Oakenfold to launch album on Cardano, NFL confirms NFTs, and more ” Cardano’s daggy dad turns DJ Cardano founder Charles Hoskinson has teamed up with legendary electronic dance music (EDM) DJ Paul Oakenfold to launch a tokenized album on Cardano. Oakenfold is a three-time Grammy Award nominee and his career…
“# Dapper Labs to launch Top Shot for NFL, as FTX signs the Packers’ Aaron Jones ” Dapper Labs, the creators of NBA Top Shot and top crypto derivatives exchange FTX are both turning to the National Football League as part of their expansion initiatives. Dapper Labs is reportedly working on an NFL collectibles marketplace,…
“# Sports NFT gold rush as projects raise $930 million in a week ” Tokenized sport collectibles projects have raised almost $1 billion in funding in the space of a week. On Sept. 22 Dapper Labs — the firm behind the Flow blockchain and the widely popular tokenized basketball collectibles, NBA TopShot — announced a…
“# Crypto Twitter cries foul after noticing NBA star John Wall’s NFT has a Fortnite background ” The team behind the design of NBA Houston Rockets player John Wall’s non-fungible token may have ripped off one of the backgrounds directly from the popular online game Fortnite. Wall first announced he planned to release a line…