Meta is ditching its pursuit of NFTs as the company looks to prioritize, according to Stephane Kasriel, head of commerce and financial technologies at Meta. “Some product news: across the...
Tag: NFT brands
Blur captures 84% of ETH-based NFT transactions in first week of March
If you were an Ethereum-based NFT bought or sold in the first week of March, there’s an 84% chance that you changed hands on the Blur marketplace, according to data from The Block. As rece...
NBA Top Shot CEO’s decadent lifestyle, ‘public shaming’ led to toxic culture as Dapper flails
Last May, Grammy award-winning DJ Diplo grabbed headlines after a video showed him struggling to pass security and get into a yacht party held during the Cannes Film Festival. Although meant to perfor...
Starbucks’s web3 Odyssey is seeing early signs of success, BofA says
Starbucks’s Odyssey program, an extension of Starbucks Rewards that seeks to expand brand loyalty in the virtual world, is seeing encouraging signs of early success, Bank of America said. ...
Yuga Labs drops bitcoin-based NFT collection TwelveFold
Web3 • February 27, 2023, 6:00PM EST Yuga Labs, the creator of the Bored Ape Yacht Club, announced the release of a new bitcoin-based NFT collection called TwelveFold. The collection will consis...
Dookey Dash’s top prize sells for $1.6 million, less than half original goal, says winning gamer
Professional gamer and Twitch streamer Kyle Jackson said he sold the digital “key” he won playing Yuga Labs’ video game Dookey Dash for a whopping 1,000 eth, which is about $1.6 million. Jackson, more...
NFT weekly trading volume on Ethereum rises to highest level since May
Web3 • February 27, 2023, 2:19PM EST The lull in NFT activity is showing signs of subsiding with weekly trading level on Ethereum last week hitting its highest level since May, according to data from ...
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 ...
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 ...
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...
Hackers takeover Azuki’s Twitter account, promote virtual land scam
The blue-chip NFT project Azuki said Friday that its Twitter account had been compromised, with apparent hackers posting two tweets that prompted users to claim virtual land. One tweet was pinned to t...
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...
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...
Bored Ape’s Sewer Pass mint nabs $1.3 million one hour after launch
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...
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...
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...
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...
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...
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. ...
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...
Yuga Lab’s NFT collection Meebits drops a collectible music album
Yuga Labs’s NFT collection Meebits launched a music album that’s also collectable as ERC-1155 NFTs. The album resulted from a collaboration with WarpSound, a subsidiary of the gener...
Polygon’s next web3 play is NFT debit cards
Polygon has partnered with the neo-banking app Hi to introduce a platform that allows users to mint NFTs for a web3-focused debit card. Called the NFT Debit Mastercard, card holders can spend e...
Valhalla and Cockpunch NFTs draw in combined $18 million in seven days
Two new NFT projects saw over $18 million in transaction volume within the last seven days. The depressed market conditions of 2022 spared no one, not even blue chip NFT projects, but these pro...
A Deep Dive on DeGods and y00ts
December 12, 2022, 3:39PM EST • 9 min read Quick Take DeGods and y00ts have monopolized the mindshare in the Solana NFT market, despite getting off to a bumpy start that almost prompted the team to th...
Digital collectibles firm Forum3 raises $10 million in seed funding
Digital collectibles company Forum3, the firm that helped power Starbucks’ recent web3 loyalty program, raised $10 million in seed funding. Venture firm Decasonic led the round, with addit...
Nike’s RTFKT hints at move-to-earn game via phygital drop
RTFKT, a digital fashion and collectibles firm owned by Nike, unveiled what it said is the first native web3 sneaker. Dubbed “Cryptokicks iRL,” the shoes have advanced features such ...
OpenSea sees Art Basel bright spots in gaming, storytelling
Seated inside a trendy new hotel in Miami’s Wynwood arts and entertainment district on a sunny and warm December afternoon, OpenSea VP of product Shiva Rajaraman said he had come to town to take...
The Block’s guide for the crazy web3 week ahead in Miami
Miami’s busiest week of the year is about to unfold, with the global jet set due to storm the city just after Thanksgiving for seven straight days of nonstop art and parties anchored by the Art ...
‘Vincent Van Dough’ launches new NFT gallery: Exclusive
A prolific NFT collector who goes by the pseudonym “Vincent Van Dough (VVD)” has launched a new NFT gallery called Art of This Millennium. AOTM is opening today with 32 artists featured in...