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Crypto winter put the NFT market into a deep freeze, causing sales and royalties to plummet. But the impact of Blur taking over the marketplace arena by doling out generous incentives and introducing a radically reduced royalty structure has made it even harder for other companies in the space. That’s especially when it comes to top NFT studio Yuga Labs that was once valued at $4 billion. The creator of celebrated collections like Bored Ape Yacht Club and Mutant Ape Yacht Club announced last week that it’s laying off staff — and it may well be a consequence of drying…

The curated marketplace celebrated for making art more easily accessible, Avant Arte, joins forces with Yuga Labs to bring all CryptoPunks into the physical art realm through two limited-edition tangible prints: ‘10,000 On Chain’ and ‘Punk On-Chain’.Printmaker maestros at London’s ‘Make-Ready’ are preparing to craft the Avant Arte CryptoPunks prints meticulously, available for just 48 hours from October 26 for €600 a piece.The tangible 10,000 On Chain artwork showcases all 10,000 Punks in one singular 60cm x 60cm UV pigment print, sealed with silkscreen matte varnish. Available for anyone and everyone, collectors will receive both a physical and digital certification…

BNB Chain Airdrop Marathon Will Be Launched to Incentivize Engagement The BNB Chain Airdrop Marathon, set to span two months, promises weekly excitement with new airdrop activities commencing every Tuesday. During each weekly event, one to three projects will participate, generously offering tokens as rewards, either as fixed allocations or based on total issuance. Participation in the airdrops is accessible and straightforward: users must complete tasks set by the project teams to qualify for these token-based rewards. This blend of on-chain and off-chain activities allows for greater community engagement. Beyond the allure of tokens, the BNB Chain Airdrop Marathon offers…

Litecoin, often dubbed the silver to Bitcoin’s gold, offers unique mining opportunities. Whether you’re just starting out or seeking advanced insights, this guide provides a comprehensive look into the nuances of Litecoin mining. Hi! My name is Zifa. I’m a long-time crypto enthusiast, and for the past three years, I’ve been passionately writing about the world of cryptocurrencies, sharing insights, trends, and knowledge with readers like you. Today, I’m here to help you understand if Litecoin mining is the right fit for you. What Is Crypto Mining? Cryptocurrency mining is a pivotal process that underpins the security and trustworthiness of…

Clay Nation, a project of 10,000 non-fungible tokens (NFTs), announced the launch of a new blockchain bridge for Cardano and Polygon networks in The Sandbox metaverse. See related article: DOJ seeks to block Bankman-Fried from bringing up Anthropic fundraise in court Fast Forkast The new bridge, launched in partnership with Hong Kong-based metaverse firm The Sandbox, enables Clay Nation holders to use their Cardano-based NFTs as avatars in The Sandbox game on Polygon, while still keeping the NFTs on Cardano. The NFT market has seen its sales dropping in recent weeks with the Forkast 500 NFT index, a proxy measure…

A decentralized autonomous organization (DAO) is taking its interest in life extension to the next level, founding a biotech company to pursue cutting-edge science in treating cancer and other age-related diseases. VitaDAO, a community-owned collective with a mission to fund and advance early-stage longevity research, announced today the launch of Matrix Biosciences, in partnership with world-renowned biologist Vera Gorbunova. A professor at the University of Rochester, Gorbunova is credited with identifying cancer-resistant traits in the naked mole-rat. Todd White, a core member of VitaDAO, told Decrypt that the idea behind the new company is to “route research from within a…

Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug pull in 2021 following new accusations on social media. In an Oct. 6 thread on X, the anonymous account NFT Ethics tagged OpenSea asking them to respond to its accusations that their former head of ventures Kevin Pawlak is linked to the pseudonymous identity “0xSisyphus” and was involved in “various dubious business dealings.” 1/ Dear @OpenSea, what do you think of the fact that your Head of Ventures, Kevin Pawlak, has been involved in various very…

The current crypto bear market has caused major turmoil to the Web3 sector, negatively impacting the the growth of many decentralized projects, including NFTs. Essentially making it very difficult for any platform or collection to gain any traction in the current climate. However, some projects are built differently and have flourished while others have floundered. One such success story comes in the shape of Pudgy Penguins NFTs. What are Pudgy Penguins NFTs?Pudgy Penguins represents a collection of 8,888 collectible NFTs created on the Ethereum network in July 2021. The project was co-founded by Cole Villemain, Clayton Patterson, and two pseudonymous members…

In a recent event in Charleston, renowned digital artist Beeple and Yuga Labs came together to unveil physical prints of the highly coveted CryptoPunks NFTs. The occasion is a part of a larger movement to bring digital artworks closer to their traditional counterparts by introducing physical editions. As part of this initiative, Beeple and Yuga Labs are set to provide a tangible dimension to CryptoPunks NFTs.The Two-Day Printing ExtravaganzaOn October 26, Yuga Labs will open a 48-hour window to facilitate the printing of these NFTs in two distinct events: Punk On Chain and 10,000 On-Chain.Punk On Chain allows CryptoPunks holders…

Five teams walked away with prizes from the Neo APAC GAS Station that took place on Sep. 9 and 10 in Singapore. The GAS Stations were in-person events in five regional cities that hosted workshops and hacking sessions. Acel and Card Brawl were the Neo Excellence Award winners in the DeFi and Payment and NFT and Gaming categories, respectively. Each team was awarded US $5,000 and will receive additional $1,000 travel grants for the APAC Hackathon grand finale in Hong Kong. NeoWizard and ChatyN were recipients of AWS Awards and were rewarded $5,000. Finally, Insightic received a Securr Choice Award,…