NFTs are a bad investment with ‘breathtaking’ volatility

Pseudonymous crypto legend Punk6529 is famously represented on Twitter by a CryptoPunk NFT and has a collection that has generated about $24 million in trading.But that doesn’t mean he thinks investin...

Cryptocurrency adverts benched ahead of Super Bowl LVII

Coinbase, Crypto.com, eToro, and FTX advertised at Super Bowl LVI as last year crypto markets were firmly part of the zeitgeist. This year, declining prices amid a turbulent macroeconomic backdrop and...

Hi Romeo, there’s nothing like a web3 domain to show how much you love Juliet

Unstoppable Domains and hi, a web3 platform with offerings from banking to metaverse social networking, are hosting an “exclusive drop of love-themed premium web3 domains” — just in time for Valentine...

MetaBirkins lost to Hermès. But be they art or merchandise, NFTs are being taken seriously.

MetaBirkins creator Mason Rothschild may have lost a trademark case over Birkin bags to Hermès, but not everyone sees it as bad news for NFTs. Leaders across web3 are offering a nuanced appraisa...

OpenAI tech bringing kid-friendly 3D crypto ‘pets’ to life

Bored talking to OpenAI’s overly polite chatbot ChatGPT? You’d prefer an AI-powered virtual assistant with a bit more attitude?Then meet Anima’s new Onlybots, non-fungible tokens that can not only be ...

BAYC freezes Dookey Dash leaderboard with nearly $73 million in trading volume

Blue-chip NFT collection Bored Ape Yacht Club has frozen the leaderboard for players of Dookey Dash, the video game inspired by the popular non-fungible token brand.For three weeks users who possessed...

MetaBirkins maker Rothschild blasts Hermes after NFT trademark decision 

MetaBirkins creator Mason Rothschild didn’t mince words when speaking out after a Manhattan federal jury ruled that the NFT artist had violated the trademark rights of the famous French luxury brand H...

Jury favors Hermes in MetaBirkin trademark dispute, says NFTs are not art

Luxury handbag maker Hermes won in court against the artist producing an NFT dupe of its flagship trademark Birkin.  A nine-person jury in New York returned the verdict on Wednesday, ordering th...

Saudi Arabia, The Sandbox agree to collaborate on metaverse projects

Metaverse gaming platform The Sandbox and Saudi Arabia have come to an understanding of some sort. Details were not provided. Sandbox co-founder and COO Sebastien Borget took to LinkedIn to anno...

NFT index token launched by Cryptex Finance

Cross-chain DeFi provider Cryptex Finance today will launch its JPEGz token, an index token based on the market capitalization of some of the hottest NFT collections, the company said. The index...

MMA bruiser Jon Jones gets cuddly with cute panda NFTs

Looks like UFC fighter Jon Jones isn’t afraid to get into the octagon with some pandas. With about a month to go before his heavyweight title fight, Jones, a famous mixed-martial arts star, inked a de...

FTX-backed NFT company airing $6.5 million Super Bowl commercial

“Seinfeld” co-creator Larry David is unlikely to make an appearance at this year’s Super Bowl after shilling for FTX during last year’s game, but that doesn’t mean there won’t be anyone wi...

Activision Blizzard pays $35 million SEC fine for disclosure control, whistleblower violations

Activision Blizzard agreed to pay a $35 million fine from the Securities and Exchange Commission for its failure to maintain disclosure controls and whistleblower violations stemming from allegations ...

Mastercard’s NFT product lead leaves role, mints resignation letter as NFT

Mastercard’s former NFT product lead Satvik Sethi has resigned from his position — and minted his resignation letter as an NFT.  Sethi worked as the NFT product lead at Mastercard for the ...

OpenSea rolls out one-stop shop for NFT drops

OpenSea has launched a suite of tools to let people or brands launch their own NFT projects.  The tools aid deploying smart contracts across all supported EVM chains, configuring drop mechanics ...

Coinbase NFT says it’s ‘pausing drops for now’

Coinbase NFT announced it is pausing new drops after an artist took to Twitter to say an upcoming release would not be debuting on the marketplace. “My official drop, XX GEN, slated for this mon...

New SEC filing amends Magic Eden’s $27 million raise to $16.9 million

A new Securities and Exchange Commission filing said that Euclid Labs, the parent firm of the Solana-based NFT marketplace Magic Eden, may have raised a lower amount than previously known.  The ...

Hollywood agency UTA signs The Hundreds, Adam Bomb Squad co-creator Bobby Kim

Top Hollywood and web3 talent representative United Talent Agency has signed Bobby Kim, co-creator of the popular NFT collection Adam Bomb Squad.  UTA, a prominent dealmaker in the entertainment...

Meta overcomes legal hurdle in proposed purchase of VR startup Within: Bloomberg

Meta is one step closer to buying virtual-reality startup Within Unlimited after a U.S. district judge denied the Federal Trade Commission’s request to block the proposed acquisition, according to Blo...

Bitcoin, blockchains, wallets and smart contracts named by Ark as 2023 ‘big ideas’

Bitcoin, digital wallets, public blockchains and smart contract networks accounted for four of the 14 “big ideas” for 2023 featured in a report released on Jan. 31 by Ark Invest that also ...

Social token platform Rally shuts down sidechain containing creators NFTs

The social token platform Rally is shutting down a sidechain containing creator NFTs.  In an email sent to users, Rally said that it would sunset the Rally sidechain after today, meaning that so...

What are Bitcoin NFTs Ordinals and how do they work?

Bitcoin is no stranger to NFTs, but it’s not been much of a friend to them either. That could be all changing as a new kind of Bitcoin-based NFTs called Ordinals emerge. The first blockcha...

Coinbase Wallet shows transaction previews to protect against NFT scams

Coinbase Wallet has added transaction previews for its users to include a visual representation of what actions they are taking when signing transactions, in the company’s latest move to help pr...

Yuga Labs co-founder takes leave of absence over health concerns

Yuga Labs co-founder Wylie Aronow disclosed on Twitter that he was diagnosed with congestive heart failure and is taking a leave of absence. “Some heavy news: a few days ago I was told by my doc...

Amazon planning new NFT initiative: Blockworks

Amazon is planning a new initiative using non-fungible tokens that could be launched in the spring, Blockworks reported, citing four sources familiar with the plans.   The tech giant has over a ...

Moonbirds creator Kevin Rose hacked, at least $1m in NFTs lost

The founder of the NFT project Moonbirds, Kevin Rose, lost at least $1 million in NFTs in a wallet exploit.  The Block identified the hacker’s address, which appears to have taken around 4...

Rebecca Barkin named CEO of Neal Stephenson’s Lamina1

Neal Stephenson’s brainchild Lamina1 announced it is under new leadership after elevating Rebecca Barkin to the role of CEO.  Barkin, acting president since last August, will take over the web3 ...

Mythical Games eyes $50 million raise, launches enhanced NFT-gaming marketplace

Blockchain-gaming unicorn Mythical Games’s plan for surviving a prolonged crypto winter? Go on the offensive. While on one front Mythical CEO John Linden has traveled to Dubai to meet with poten...

a16z leads Series A funding for game studio Voldex

Crypto-focused investment firm a16z led a Series A investment in the game studio Voldex. The amount wasn’t disclosed. Voldex raises the quality of user-generated content platforms like Rob...

NFT floor tracker Floor acquires web3 analytics firm WGMI

NFT price tracker Floor said it acquired NFT analytics firm WGMI.io. Terms were not disclosed. Floor is currently invite-only and describes itself as an app “for everything NFTs.” WG...

Yuga Labs blacklists Blur and other marketplaces in Sewer Pass mint

Yuga Labs blacklisted at least four marketplaces that don’t mandate NFT royalties in its newest NFT drop, Sewer Pass. Sewer Pass includes coding that blocks NFT transactions from wallets b...