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You get an airdrop! You get an airdrop! Amid hopes and prayers for the crypto bull market’s imminent return, the onslaught of “free money” airdrops for crypto users continues. The latest comes courtesy of Frame, an Ethereum scaling network designed for NFTs. The project announced Tuesday that it will soon launch a native FRAME token, and that any crypto user who has transacted an NFT on Ethereum in the last two years is now eligible to collect varying amounts of FRAME. Criteria used to determine a user’s airdrop size is determined based on the number of NFT trades made, the…

Starting the New Year with a bang, on January 17, Nifty Island — created by the Web3 gaming studio Nyft — is gearing up its highly anticipated Play-to-Earn gaming adventure in open beta, featuring top NFT projects. Despite prioritizing inclusivity, community integration makes Nifty Island the ideal hub for numerous NFT fans, granting them the unique opportunity to play and connect with a plethora of celebrated avatars: Azuki, Bored Apes, CloneX, CoolCats, CyberKongz, Forgotten Runes, Pudgy Penguins, and y00ts. To kick things off, a “Play-to-Airdrop campaign like no other is coming.”Nifty Island launches 1/17 ????️A Play-to-Airdrop campaign like no other is coming ???? pic.twitter.com/HaXGjcVESd—…

Modex’s partnership with FIFA+ Collect Club generated enormous interest by uniting digital art with football fandom, as their exclusive NFT drop sold out in just three hours. The limited edition FIFA+ Collect Club NFT Membership Cards, priced at $999, saw substantial demand during the primary sale phase. Now, Modex has unveiled a range of future benefits for FIFA+ Collect VIP members, plus details about the VIP experiences offered along with their new collection on Opensea.Exclusive Perks for VIP MembersFollowing the hugely successful first drop, Modex has now announced a range of future benefits for FIFA+ Collect VIP members. One such…

The crypto entertainment ecosystem BetFury is offering everyone the chance to win valuable rewards through “NFT Lootboxes“. Around 90% of Lootbox buyers are guaranteed the chance of winning a profitable prize, making it an opportunity not to pass by.Whether an avid crypto enthusiast, gambler, NFT collector, staker, or investor, there’s a little something for everyone. NFT Lootboxes open crypto ($ETH, $BTC, $USDT, $TRX, and $BNB), free game spins, sports bets, BetFury’s native token $BFG, and more.One of the top Lootbox rewards, however, includes the opportunity to win the rarest NFTs! Like never before, participants have the unique chance to acquire…

Since its 2018 debut, Blockstream has promoted Liquid as a promising solution to Bitcoin’s scaling problems. Unlike the Lightning Network which proliferates with no federation, Liquid is a federated sidechain managed by 15 functionaries. In other words, it’s a managed fork of Bitcoin meant to reduce latency and fees. Liquid’s reception has been muted at best. According to critic Udi Wertheimer, “no one’s using it.” In fact, he notes, the meme crypto Dentacoin is often more used than Liquid. Bitcoin developer Ben Price is similarly unimpressed. “It is a fork of bitcoin with a few fancy things added (tokens, confidential…

In a double whammy for the blockchain community, two phishing attacks targeting non-fungible tokens (NFTs) have been reported today. PeckShieldAlert reports the theft of 7,304 Meebits and 185 CryptoPhunks in a brazen phishing attack. The assailant, operating under the moniker ‘Fake_Phishing187019’, successfully executed the heist on the Blur platform. #PeckShieldAlert #Phishing #NFT #Meebits #7304 and #CryptoPhunks #185 have been stolen by #Fake_Phishing187019 on #Blur pic.twitter.com/SPFzxNykgo — PeckShieldAlert (@PeckShieldAlert) December 19, 2023 The stolen NFTs, valued for their uniqueness and rarity, are now under the control of the malicious actor, leaving their original owners in despair. Simultaneously, PeckShieldAlert reported an ongoing…

In collaboration with FIFA+ Collect Club, the forerunners in the nascent field of digital art and football fandom, Modex is pleased to unveil a new collection and disclose a ground-breaking accomplishment: its exclusive NFT drop sold out in an incredible three hours. The limited edition NFT Membership Cards from FIFA+ Collect Club, which were priced at $999 each, had an incredible amount of demand and were sold out in three hours in their initial sale. Modex notifies VIP Membership Card Holders of an Airdrop on December 26: VIP members of FIFA+ Collect will get a number of unique treats in…

Blockchain network Elastos is introducing BeL2, a Bitcoin layer-2 network, in a move that could capture billions of dollars in bitcoin (BTC) volumes from staking tools offered on the new platform. BeL2 will allow more sophisticated bitcoin transactions than the base Bitcoin blockchain, including smart contracts and irreversible digital agreements, Elastos developers told CoinDesk. The smart contracts can be defined, managed, tracked and modified wholly on Bitcoin without needing an intermediary. The network will also let users stake their bitcoin holdings directly on the service, paying out yields while users interact with applications built on BeL2. Transactional fees are expected…

Large financial companies, including JPMorgan Chase & Co., HSBC Holdings Plc, and Franklin Templeton, are moving to new systems built on the blockchain. Sandy Kaul, Chief Executive of wealth management firm Franklin Templeton, recently highlighted the transformative impact of blockchain technology on the global financial system, marking its most significant overhaul since the 1970s. This development, according to Kaul in an interview with Bloomberg, has opened the path for reengineering the financial markets on a global scale. Representatives from financial institutions are also noting a surge in the adoption of decentralized technologies, with Kaul emphasizing the rapid acceleration in technology…

In a shocking turn of events, the peer-to-peer trading platform NFT Trader fell victim to a significant security breach on December 16. This incident led to the theft of millions of dollars worth of non-fungible tokens (NFTs), including high-profile collections like Bored Ape Yacht Club and Pudgy Penguins. While the attack, marked by a phishing scam, has sent ripples through the NFT community, raising concerns about the security of decentralized platforms, Everlodge, a new platform offering fractionalized real estate NFTs is making waves. The NFT Trader breach The breach at NFT Trader resulted in the unauthorized access and theft of…