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NFT Coinbase announced a major new project today in the form of Base, a layer-2 scaling network for Ethereum built in collaboration with Optimism. To mark the news, the crypto exchange dropped a free open edition Ethereum NFT for anyone to mint—but it’s not through Coinbase’s own struggling NFT marketplace. “Base, Introduced” is a free NFT that Coinbase made available through Zora, an NFT minting platform and startup focused on Web3 creator tools. It’s an open edition NFT, which means that anyone can claim one of the identical collectibles until the minting window ends on Sunday, with a limit of…

Music streaming platform Spotify expands its Web3 efforts by testing token-enabled playlists in several key markets. Overlord, a Web3 gaming ecosystem, announced its partnership with Spotify on Feb. 22. The token-enabled community-curated playlist from Overlord may now be accessed via Web3 wallets of those who hold the Creepz nonfungible tokens (NFTs) on Spotify. Only Android users from the United States, United Kingdom, Germany, Australia and New Zealand can unlock the playlists.Other participants in the three-month pilot are the Fluf, Moonbirds and Kingship metaverse communities. While Fluf and Moonbirds didn’t share any details on their partnership with the streaming service publicly, Kingship confirmed its…

NFT The sales volume of Creepz by Overlord, an Ethereum-based non-fungible token (NFT) collection, surged by 239% in the 24 hours to 11:00 p.m. on Thursday in Hong Kong, after its creator announced a partnership with music streaming giant Spotify. See related article: Blur lives up to name as its trading volume surpasses OpenSea Fast facts The collection’s sales increase raised its floor price by 27% to 2.25 Ether (US$3,719) at OpenSea, and 41% to 2.25 Ether at LooksRare, the two marketplaces where the collection is dominantly traded. Creepz by Overlord is an NFT collection of more than 11,000 lizard…

In order to celebrate the Year of the Rabbit, Ubisoft partnered with The Sandbox for a new NFT collection: Rabbids. Together, the team dropped 2,066 digital avatars ready to explore the Metaverse, earn, play, and get rewards. The collection already sold out in the first 45 minutes after launch, so let’s find out what it’s all about! The Rabbids NFT collection sold out in 45 minutes as The Sandbox and Ubisoft Celebrate The Chinese Year of the Rabbit. How Did The Rabbids NFT Drop Sell Out so Quickly? We officially entered the Year of the Rabbit, and The Sandbox celebrates…

Not long ago, Alien Worlds dove head-first into their player-run, planetary DAO system. This system allowed players to elect Council members who would be able to put forth proposals for ways to use the planet’s allotment of TLM tokens. However, a couple of bad actors were able to game the system, and walk away with 4M TLM tokens, worth over $100k USD! The Alien Worlds DAO system is a big feature the team has been hyping for a long time. And after a long wait, they finally pushed it out in Fall of 2022. Things seemed to be proceeding fairly…

Blockchain After surpassing OpenSea to become the most popular Ethereum NFT trading platform, Blur, an NFT marketplace, announced that it will soon airdrop 300 million tokens in additional tokens to loyal users. The well-known Taiwanese singer Jeffrey Huang aka Machi Big Brother has bought a total of 3,051 $ETH with 5M $USDT and deposited into Blur, an NFT marketplace in the past 24 hours. BLUR Coin Whale Buys Huge Tokens According to Lookonchain, a blockchain analysis company, The machilittlebrother.eth address of notorious ICO issuer and Taiwanese singer Jeffrey Huang has purchased a huge amount of Ethereum (ETH) and Tether (USDT)…

The United States Federal Trade Commission said it had started an investigation of crypto lending firm Voyager Digital parallel to the company’s bankruptcy proceedings.In a Feb. 22 filing in U.S. Bankruptcy Court for the Southern District of New York, the FTC said it was investigating Voyager and its employees “for their deceptive and unfair marketing of cryptocurrency to the public.” The announcement followed Bankruptcy Judge Michael Wiles initially approving of a plan in which Voyager debtors would sell the firm’s assets to Binance.US for more than $1 billion. According to the FTC filing — an objection to the debtors’ plan…

The Blockchain Association’s chief legal officer says “it would be absurd” for a United States court to rule that digital assets on private blockchains are securities, following a federal judge’s decision to allow a lawsuit against Dapper Labs’s NBA Top Shot nonfungible tokens (NFTs) to play out. U.S. attorney Jake Chervinsky commented after federal judge Victor Marreo denied a motion to dismiss a 2021 lawsuit accusing Dapper Labs of selling NFTs as unregistered securities. Chervinsky was among a host of lawyers on Twitter to reiterate that the judge’s denial of the motion does not mean a ruling has been made on…

NFT On Tuesday, web 3.0 company CanaryLabs.XYZ sold 71 pieces from the Bored Ape Yacht Club and Mutant Apes collections, raking in a total of up to 5,500 ETH or $9 million. Surprisingly, the unusually large dump, which came after allegations that Yuga Labs plagiarised its logos, didn’t move the floor price at all. At the time of writing, Bored Ape Yacht Club’s (BAYC) 24-hour trading volume stands at around 13,723 ETH. BAYC, owned by Yuga Labs, is so far the second most traded NFT collection after CryptoPunks with a total trading volume of 864,801 ETH. Despite the recent crypto…

The most famous painting in the world; the Mona Lisa releases as an NFT 26th February on ElmonX.London, United Kingdom, February 23, 2023, ElmonX, formerly Vtail, has sent shockwaves throughout the NFT Sector with the news of their impending release of the spectacular Mona Lisa NFT Collection, launching on Sunday, February 26th at 9 a.m. PT.The Mona Lisa by Leonardo da Vinci is a true masterpiece of Renaissance art which continues to captivate audiences globally, renowned for its technical mastery, enigmatic smile, and timeless beauty. This is the first ever officially licensed Mona Lisa NFT as a premium digital artwork in…