Bored Ape Yacht Club’s experimental mint for Sewer Pass attracted more than $1.3 million worth of ETH in trading volume just one hour after the mint began. The floor price for the new NFT projec...
Tag: Metaverse & NFT
Metaverse land developer LandVault signs with Hollywood powerbroker CAA
Virtual land developer LandVault, which has worked with global brands like Mastercard, L’Oreal and Heineken, announced it has signed with top talent agency Creative Artists Agency. CAA will adv...
Roblox user numbers jumped nearly 20% last month
Roblox said its daily active-user total grew by 18% year-over-year to 61.5 million in December of last year, the company said in a statement. Increased user growth appears to have impacted revenues as...
ChatGPT says it has bills to pay as crypto AI tokens rise in wake of potential Microsoft deal
Crypto tokens linked to artificial intelligence have seen a surge in interest after reports that Microsoft could invest $10 billion into ChatGPT creator OpenAI. The rally has cooled slightly sin...
Lionel Messi’s crypto sponsor Socios offering token holders chance to snag game balls
Socios, the company with World Cup-winner Lionel Messi as its global ambassador, is trying to score with fans by offering them a chance to win balls used to score goals. But you’ll have to pay t...
NFT blue-chip Azuki launches virtual city Hilumia
The blue-chip NFT project Azuki has launched a virtual city called Hilumia. Hilumia boasts a toy store, arcade center, gym and even a romance competition called “Love Island.” The vi...
Win Trump Rewards NFT collection lets users buy access to Donald Trump
A new collection called Win Trump Prizes that allows users to buy rewards related to former U.S. president Donald Trump launched on OpenSea. Individuals can claim a one-on-one Zoom meeting with...
December breaks 8-month decline in NFT monthly sales with 13% increase
Monthly trading volume of NFTs in December broke an 8-month streak of declines in 2022, rising 13% from November to $549.5 million, according to The Block’s data dashboard. The increase i...
OKX and Tribeca Film Festival launch NFT-gated VIP perks
Want to schmooze with celebrities at the The Tribeca Film Festival this year? You’ll need an NFT for that. The festival and crypto exchange OKX are releasing NFTs that give users exclusiv...
Yuga Labs gamifies minting NFTs with ‘Dookey Dash’
Yuga Labs, creator of the Bored Ape Yacht Club collection, unveiled plans to gamify the process of minting NFTs. The startup today announced an upcoming online game in which players must navigat...
Two Yuga Labs leaders to be deposed amidst the Ryder Ripps legal saga
The legal saga continues for Yuga Labs, the creator of the hit NFT project Bored Ape Yacht club, and NFT artist Ryder Ripps. A federal court in California ruled that two of Yuga Labs’s fo...
What’s in a word? ‘Metaverse’ jargon breeds confusion
Blockchain, crypto, NFT, web3 and metaverse. To outsiders — or “normies” — these words can frequently provoke puzzlement, a furrowed brow and a one-word response: “Huh?” But to many of the comp...
Early Facebook investor and Proof CEO Kevin Rose signs with Hollywood’s UTA: Exclusive
Hollywood’s United Talent Agency has nabbed another top-flight web3 client in Kevin Rose, The Block learned exclusively.Kevin Rose, who was an early-stage investor in both Facebook and Twitter, also i...
Metaverse leaders at CES see possible side hustle in selling personal data
Could a future version of the internet allow people to turn what turns them on into cash and rewards? That’s what some web3 leaders believe, turning personal data into a sort of side hustle. ...
Animoca halves fundraising target for web3 fund to $1 billion: Bloomberg
Animoca Brands has cut in half the amount it hopes to corral for a new web3 and metaverse investment fund. Yat Siu, the Hong Kong-based company’s chair, said in a Twitter Spaces interview that i...
Magic Eden blames third-party cacher for ‘unsavory’ NFT images
Solana’s largest NFT marketplace, Magic Eden, displayed incorrect images for some non-fungible tokens yesterday. Some of the misplaced stills included “unsavory” adult content — the ...
NFT founder DNP3 admits to gambling away user funds
The founder of Goobers NFT, who goes by the name DNP3, blamed a gambling addiction for why he gambled and lost user funds. “Over the last year I got incredibly addicted to gambling,̶...
Solana NFT trading volumes remain stable in the 2022 bear market
NFT trading volumes on Solana are showing signs of strength for the ecosystem despite its native token losing about 94% of its value last year, with the week of Dec. 25 seeing the most activity since ...
Customers receive NFTiff diamond pendants worth $50,000
Physical versions of Tiffany’s ‘NFTiff’ diamond pendants are finally arriving on customer doorsteps. The collection was launched last year by the luxury jewelry firm, which of...
Bored Ape Yacht Club ends 2022 at $83,000 floor price
Yuga Labs backed NFT project Bored Ape Yacht Club (BAYC) ended the year with a floor price around 69 ETH, or $82,740, according to The Block’s Data Dashboard. Source: NFT Price Floo...
Three crypto stories you might have missed this week
Even in the no man’s land between Christmas and New Year, there’s news to be had in crypto. Here are three stories you might have missed while tucking into festive leftovers or tryi...
Animoca Brands allowed deadline extension for filing results
Metaverse heavyweight Animoca Brands has been allowed an extension to file its audited financial report for 2020, which was originally due to Australian regulators by the end of 2022. The forme...
Still working in crypto? You’re one of the lucky ones.
“Firms grew much too quickly during the 2021 bull market that in large part turned out to be a Ponzi scheme,” Gartner Research Senior Analyst Avivah Litan said, adding that the currently depres...
Memes were top asset class of 2022 as madness prevailed
It’s been one wild year in Crypto World, and that’s probably an understatement. But if you’re going to cry, you may as well have a laugh. To help with that, we’ve scoured Twitt...
NFT sales dip around Christmas for second year in a row
NFT sales have dipped leading up to Christmas for the second year in a row. NFT trading volume fell from over $24 million on Dec. 20 to $12.9 million on Dec. 25 of this year — a 46.5% decrease....
Manchester United NFTs accused of copying work of popular NFT artist
An official NFT collection from the Manchester United Football Club has been accused of looking a little too much like the work of a popular NFT artist known for his colorful animated monsters. ...
Daily crypto trading falls below $10 billion for the first time since 2020
Daily spot market trading volume for crypto exchanges fell below $10 billion for the first time since December of 2020, according to The Block’s Data Dashboard. Spot trading volume f...
Pudgy Penguins floor price jumps 25%. Why? Because, penguins.
The floor price of the Pudgy Penguins NFT collection rose 25% over the past day as the NFT market shows signs of a minor resurgence. And because, penguins. The cute collection has seen its floor...
The year in NFT charts
From the dizzying highs of the bull run, when NFT Google searches were up what felt like thousands of percentage points, to the dark corners of the bear market, it’s been a tumultuous year for N...
Trump NFTs may prove the utility of utility
Donald Trump’s recent NFT drop was ridiculed. Bigly. But the former U.S. president seems to have had the last laugh and may have provided the digital asset community a valuable lesson if they can get ...
Crypto unicorn Mythical Games alleges former execs used company secrets to raise $150 million
Andreessen Horowitz-backed crypto gaming unicorn Mythical Games has filed a suit alleging that three former high-level executives violated their fiduciary duty by using company contacts and strategy t...
Argentina Football Association partners with a metaverse firm Upland
The Argentine Football Association (AFA) is partnering with metaverse startup Upland as one of its first entries into web3 fan engagement. The deal includes digital collectibles and a virtual g...