NFT

  • Japanese Prime Minister says DAOs and NFTs help support government’s ‘Cool Japan’ strategy

    • February 2, 2023
    • Posted by: Bogdan
    • Category: DAO, government, japan, NFT, regulation
    No Comments

    Fumio Kishida, the Prime Minister of Japan, has come out in support of blockchain as a potential solution for technological issues facing the country. In response to questioning from Liberal Democratic Party member Masaaki Taira before the Budget Committee of Japan’s House of Representatives on Feb. 1, Kishida said there were “various possibilities for using

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  • DeFi enjoys prolific start to 2023: DappRadar report

    • February 2, 2023
    • Posted by: Bogdan
    • Category: DeFi, NFT, total value locked., trading volume
    No Comments

    Decentralized finance (DeFi) protocols experienced a boom in total value locked across different staking pools in January 2023. The market hit $74.6 billion worth of staked assets, increasing by 26% from December. In its latest monthly report, DappRadar outlined the growth of the DeFi sector alongside rejuvenated nonfungible token (NFT) markets that have also had

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  • NFT trademark stoush heads to trial in Manhattan

    • January 30, 2023
    • Posted by: Bogdan
    • Category: Hermès, Mason Rothschild, NFT, Web3
    No Comments

    The trademark infringement trial between French luxury brand Hermès and digital artist Mason Rothschild is set to go ahead on Jan. 30 in a Manhattan federal court. The luxury brand accused the nonfungible token (NFT) artist of trademark infringement for promoting and selling MetaBirkins, an NFT collection said to be inspired by the group’s Birkin bags. The

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  • Porsche NFT trading volume nears $5M despite launch woes, minting halt

    • January 26, 2023
    • Posted by: Bogdan
    • Category: Cryptocurrencies, Minting, NFT, Porsche
    No Comments

    German luxury car manufacturer Porsche’s nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales volume, according to data from NFTScan at the time of writing on Jan. 26. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales.  Originally meant to have

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  • NFT-delivered court orders an answer to blockchain-related litigation: Lawyers

    • January 24, 2023
    • Posted by: Bogdan
    • Category: Agustin Barbara, Digital Asset Lawyer, Michael Bacina, NFT, Piper Alderman, The Crypto Lawyers. United States District Court for the southern district, wallet address
    No Comments

    Non-fungible tokens (NFTs) are becoming an increasingly popular solution to serving defendants in blockchain-based crimes that would otherwise be unreachable, according to crypto lawyers. The last year has seen an increase in litigation delivered over NFTs in cases where those accused of blockchain crime wereuncontactable through traditional methods of communication. In November 2022, the United

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  • 3 signs Axie Infinity price risks giving up its 135% gains in January

    • January 23, 2023
    • Posted by: Bogdan
    • Category: Altcoin Market, Axie Infinity, AXS Price, Crypto Analysis, Gaming, NFT
    No Comments

    Axie Infinity (AXS) has rallied 135% month-to-date to reach approximately $14 on Jan. 23, its highest level in two months. Nonetheless, the AXS/USD pair could suffer major losses in the coming weeks owing to a flurry of negative technical and fundamental indicators. Axie Infinity price prints “gravestone” doji The AXS price formed a “gravestone doji”

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  • Binance tightens rules on NFT listings

    • January 19, 2023
    • Posted by: Bogdan
    • Category: Binance, Cryptocurrencies, NFT
    No Comments

    According to a Jan. 19 announcement by Binance, the cryptocurrency exchange has tightened its rules for nonfungible tokens, or NFT, listings. Starting Feb. 02, 2023, all NFTs listed on Binance before Oct. 2, 2022, and have an average daily trading volume lower than $1,000 between Nov. 1, 2022, and Jan. 31, 2023, will be delisted. In

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  • ConsenSys slashes headcount 11% as chief economist reveals formula for adoption

    • January 19, 2023
    • Posted by: Bogdan
    • Category: Adoption, cost cut, cut, job cut, layoff, Lex Sokolin, mainstream adoption, mass adoption, NFT, staff, Web3
    No Comments

    ConsenSys, the parent company behind MetaMask, is letting go of 11% of its workforce, with CEO Joseph Lubin blaming “uncertain market conditions” brought on by recent collapses. In a blog post from ConsenSys CEO Joseph Lubin on Jan. 18, the blockchain firm CEO said “poorly behaved” centralized finance (CeFi) actors have cast a “broad pall

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  • Solana Begins To Recover As On-chain Activity Rises

    • January 12, 2023
    • Posted by: Bogdan
    • Category: Blockchain, DeFi, NFT, SOL, Solana
    No Comments

    With the recent hype and increase in meme coins on Solana over the past weeks, the network has gained a significant amount of momentum, pushing it to an uptick both in on-chain activity and trading volume.  Solana has begun to show recovery signs from the FTX scandal following a recent spike in momentum. Even the

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  • Solana Begins To Recover As On-chain Activity Rises

    • January 12, 2023
    • Posted by: Bogdan
    • Category: Blockchain, DeFi, NFT, SOL, Solana
    No Comments

    With the recent hype and increase in meme coins on Solana over the past weeks, the network has gained a significant amount of momentum, pushing it to an uptick both in on-chain activity and trading volume.  Solana has begun to show recovery signs from the FTX scandal following a recent spike in momentum. Even the

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