Tag: NFT Industry News

Solana Crypto Wallet ‘Phantom’ Launches on Android

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Solana crypto wallet Phantom has officially gone live on Android. Through this addition, users of the world’s most popular operating system will now be able to use the self-dubbed ‘friendliest crypto wallet’ to make low-fee crypto and NFT transactions through the touch of a few buttons.  The launch features all of the newly released Phantom features, including its shiny push notification and ‘Recent Activity’ functions which allow transactions to take place with instant status confirmations. Phantom on Android will also include the platform’s specialized wallet functionality which allows sending, receiving,…

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Moonbirds NFT Owl Collection Goes Supersonic

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Every so often a new project will arrive that shakes the Web3 sphere to its very core. This time around, it’s the turn of Moonbirds, 10,000 utility laden owls of the non-fungible variety. Moonbirds fluttered onto the scene at precisely 12pm ET on April 16, at a brain melting 2.5 ETH a pop. A price that in hindsight represented an absolute bargain. As a result, the collection sold out almost immediately and the floor went stratospheric. When the dust had settled just 48 hours later, trading volume was pushing the…

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Amazon CEO Hints at Future NFT Trading and Crypto Payments

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Omni-present god of retail, Amazon, has set tongues a-wagging and rumours a-flying with its latest revelation, indicating recently that it may add NFTs and cryptocurrency payments to its platform. Speaking during a recent interview with CNBC, newly appointed Amazon CEO, Andy Jassy, said he was optimistic about the future of NFTs and cryptocurrency. However, he did add that it would take some time before the tech will be active on its retail platform. Further indications abound as to its relationship with the blockchain through a series of Web3-related job openings,…

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Kevin Smith Eyeballs Spring Release for His NFT Directorial Debut

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Acclaimed movie director, Kevin Smith, has revealed his latest project will release exclusively via NFTs. As a result, the ‘Killroy Was Here’ franchise will launch on the Secret Network this Spring. Smith, a keen supporter of the non-fungible, aims to drop the comedy horror film as a collection of 5,555 tokens. Launching through NFT launchpad, LegenDAO via the Secret Network, an innovative platform that restricts content only to those in possession of the token. Each NFT will feature a unique generative artwork of the main character, presumably named Killroy. Thereby,…

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Nifty Gateway to Cut Gas Fees with Innovative Wallet to Wallet Feature

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Revered NFT marketplace, Nifty Gateway is all but ready to launch its groundbreaking new Wallet to Wallet (W2W) feature, allowing traders of participating collections to save up to 70% on accrued gas fees. Nifty Gateway’s innovative new W2W feature will launch at 2pm ET on April 7 paving the way for a new era in savings. Further celebrating the launch, the venerable marketplace will waive platform charges for the first 30 days of the initiative. This will enable a host of wallet-friendly services for collectors and traders alike. To make…

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Sky Mavis’ Ronin Network Suffers $600 Million Hack

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Ronin, the mighty network powering the Axie Infinity machine has suffered one of the largest hacks in DeFi history. Utilizing a devious manner of sleight of hand, attackers made away with 173,600 ETH ($600 million) and 25.5 million $USDC. All under the noses of the Sky Mavis team and its army of developers. According to reports, the attack took place on March 23, but went unnoticed until March 29 when a subsequent user was unable to withdraw 5,000 ETH from the network. Once alerted, the team soon discovered the huge…

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Bulgari Brings a Touch of the Non-Fungible to High End Watchmaking

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Manufacturer of tremendous timepieces, Bulgari, has integrated NFT tech into its latest wristwatch, enabling an additional digital aspect to its latest device, as well as providing proof of ownership. Bulgari’s $440k Octo Finissimo Ultra timepiece represents the pinnacle of mechanical craftsmanship, bringing together the digital and physical domains in one perfectly presented device. Taking centre stage on the largest gear in this elegantly constructed keepsake, owners will find a QR code which upon scanning, will take the bearer to a digital representation of the finely tuned accessory. In addition to…

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NeoNexus Cease Operations in Community-Dubbed ‘Slow Rug’

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Dubbed as the latest ‘slow rug pull,’ the founders of NeoNexus metaverse have abruptly pulled the plug on their multi-million dollar project. According to the project’s founder, Jack Shi, the drop in the price of the platform’s adopted crypto, SOL, is the fundamental reasoning behind the team’s exit.  To announce the unfortunate news, Shi took to the official NeoNexus Twitter account, where he regretfully informed the project’s community that the team can ‘no longer continue healthy development of the NEONEXUS project,’ and that he would like to ‘hand over the…

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Buterin Stars in Inaugural Full Magazine Issue NFT by TIME

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Through the release of the first ever full magazine issue as an NFT, iconic magazine TIME appear to be paving the way for the next era of print-come-digital media.  To provide the premise of the inaugural edition, the publication have aptly consulted Web3 pioneer and co-founder of Ethereum, Vitalik Buterin, who stars as the centrepiece of the issue’s cover story, ‘The Prince of Crypto Has Concerns’. The digital magazine, which will be released on Wednesday March 23rd, is created in partnership with the LITDAO, a web3 cultural currency and NFT…

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Yuga Labs Aims High with Launch of ApeCoin & Rumors of MetaRPG

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Creator of the Bored Ape Yacht Club, Yuga Labs, is ready to take things up a notch. The company has officially announced the launch of its native governance token, ApeCoin. It will be used for BAYC’s expansion in Web3 and gaming. ApeCoin is owned and operated by the ApeCoin DAO, with 62% of the 1 billion supply allocated to the ApeCoin community and 15% of the total supply available for claiming to BAYC NFT holders. Interested parties will also be able to purchase ApeCoin on major crypto exchanges. In addition…

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