Tag: NFTs

Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs

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Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts in promoting NFTs. The Widening Crackdown on Digital Assets The Chinese messaging app Wechat recently acknowledged it had suspended some accounts which are said to be linked to non-fungible tokens (NFTs). The suspension of the accounts, according to a BBC report, is aimed at stopping such blacklisted accounts from engaging in NFT market promotional activities that help to drive up…

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The Women of NFTs: Taking a Look at Top Female-Led Projects

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It’s officially Women’s History Month, a month to look back on all the advancements women have contributed to society and look forward to everything yet to come. Although cryptocurrency may often seem like a male-dominated ecosystem, countless women contribute to Web 3. What better way to celebrate than to examine a few women-led NFT projects worth checking out. #1 Women and Weapons NFT Women and Weapons is an NFT collection created by Sara Baumann, a.k.a “Sparky.” Baumann is an Iranian-American multimedia artist from Dallas, Texas. She was initially an occupational…

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Are NFTs coming soon to your favorite video games?

[ad_1] In 1996, when the Nintendo 64 was first launched in the United States, it sold 1.6 million units (worth $200 each) in its first quarter. Its closest competitor for the holiday season was a $30 Tickle Me Elmo doll, which sold around a million units in the same window. More than 20 years later, when Nintendo’s $300 Switch sold 1.5 million units in its first week, there was a lot more competition, and not just for the holiday season. The business of gaming has changed dramatically since its early…

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OpenSea smart contract upgrade to delist inactive NFTs on Ethereum

[ad_1] OpenSea, one of the most popular nonfungible token (NFT) marketplace, has rolled out an upgrade to its smart contract, a proactive measure to weed out inactive listings on the platform. As a part of the planned upgrade, all OpenSea users will need to migrate their NFT listings — currently hosted over the Ethereum (ETH) blockchain — to the new smart contract. The new contract is live! Start migrating your listings now: https://t.co/W1w9ciCK2D — OpenSea (@opensea) February 18, 2022 According to the OpenSea announcement, the NFT listings created before Feb.…

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Russia to regulate digital assets as currency, McDonald’s eyes the metaverse, YouTube to adopt NFTs and XRP pumps 30%: Hodler’s Digest, Feb. 6-12

[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Russian government and central bank agree to treat Bitcoin as currency The Russian government and central bank made an agreement to regulate crypto as an “analogue of currencies” instead of “digital financial assets.”  The updated regulation is part of a draft law that is…

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Kanye West says no to NFTs

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[ad_1] Kanye West won’t be purchasing a Bored Ape Yacht Club nonfungible token (NFT) any time soon.  In a strongly worded Instagram post made on Monday, Ye stated “Do not ask me to do a f*cking NFT.” The message in the photo, shared with his 10.5 million followers, explains he is focused on “building real products in the real world.” He didn’t mince his words in a follow-up comment to the Instagram post: “STOP ASKING ME TO DO NFTs I’M NOT FINNA CO-SIGN … FOR NOW I’M NOT ON THAT…

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What is the best marketplace to buy NFTs?

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[ad_1] “The Market Report” with Cointelegraph is live right now! On this week’s show, Cointelegraph’s resident experts discuss which nonfungible token (NFT) marketplace has the most to offer its customers. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down. Next up, join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which marketplace is the best for…

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FLUF World and Snoop Dogg fundraise, Adidas and Prada NFTs, WAX gifts 10M NFTs

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[ad_1] There was so much Nifty News this week that a second round-up was necessary to catch up on the latest nonfungible token (NFT)-related news. FLUF World and Snoop Dog partner for charity  FLUF World, Beyond VR studio and Snoop Dogg teamed up to raised over $1 million via a one-day charity NFT auction on behalf of the Kiwi nonprofit organization Auckland City Mission. Seven FLUF World NFTs were paired with seven limited-edition Snoop Dogg-themed Burrows designed by Beyond and sold on OpenSea. The partnership with the rapper included a…

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Lindsay Lohan offering ‘experiential NFTs’ on Superfandom

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[ad_1] Lindsay Lohan will issue “experiential nonfungible tokens” on the Superfandom platform.  The Hollywood star will also act as an advisor to the platform to help it attract more artists and entertainment figures. “Experiential NFTs” give fans the opportunity to interact with their favorite entertainers in real life by meeting them virtually or in person. In the case of celebrity chefs for example, they could even cook a meal for a fan. Other stars offering NFTs on the platform include Home Improvement star Richard Karn, movie stars Jake Busey (Starship…

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Propy rallies 227% as real estate NFTs become reality and PRO lists at Coinbase

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[ad_1] Nonfungible tokens (NFTs) skyrocketed in popularity over the course of 2021 as the wider public became enthralled with projects like the Bored Ape Yacht Club and CryptoPunks, but these one-of-a-kind digital images are only scratching the surface of what NFT technology is capable of.  One project focused on expanding the functionality of NFTs beyond the digital art space is Propy, a protocol focused on the integration of blockchain technology with the real estate sector by automating the closing process of home buying to make the entire process faster, simpler…

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