Author: Jeremy Ryan

NFT Brandon Riley — aka @vitalitygrowth — accidentally burnt Crypto Punk 685 while trying to wrap it to get an NFT loan. That NFT has now been resurrected as a Bitcoin Ordinal. “I was so focused on following the instructions exactly, that I slipped up, destroying a third of my net worth in a single transaction,” Riley tweeted on March 25. The slippage occurred during a simple wrap in trying to get a proxy wallet. “This is truly a devastating mistake for me. But I did this myself, and it is no one’s fault but my own. Both the beauty…

NFT The serial entrepreneur, tech bigwig, and singer Jeffrey Huang, better known in the crypto world as Machi Big Brother, has suffered realized losses of up to 2,400 ETH ($4.2 million) thanks to his attempts to farm tokens from the Blur NFT exchange. Traders on Blur have been involved in so-called ‘farming wars,’ buying up and selling large amounts of NFTs to collect Blur tokens awarded against the user’s activity on the exchange. But some traders like Huang have taken this farming to a very serious level, buying and selling mainly blue-chip NFTs such as Bored Ape Yacht Club and…

Luxury fashion house Balmain joins forces with Space Runners to introduce a futuristic and avant-garde footwear collection featuring the Unicorn sneaker model. This new sneaker line comes complete with phygiyal NFT collectibles attached to the sneakers. This groundbreaking collaboration results in the development of several NFT versions of Balmain’s signature sneaker, each with a redeemable code that unlocks a physical pair for the consumer. Balmain Unicorn Phygital NFTs: How To Buy? The Unicorn Phygital Wearable Collection, launched on March 21st, is a limited edition collection featuring 130 Unicorn sneaker NFTs, each bundled with a matching real-life counterpart. The collection boasts…

In partnership with Tokyu Land Corporation, this lab will be opened with Skeleton Crew Studio, a VR content and game development company that organizes BitSummit, which hosts an exclusive game event, Japan’s largest establishment in Kyoto, every year. As an incubator to stay competitive for the times, Alibaba hopes to provide a place for game designers to gather and improve their skills in the latest blockchain technology. For now, it will be for some customers working on collaborative projects with Alibaba Cloud and hackathon participants. At the same time, engineers from partner companies specializing in Alibaba Cloud and blockchain will…

NFT y00ts, which happens to be a most sought-after non-fungible token (NFT), has made the declaration that it has formed a link from Solana to Polygon. This will help in providing much more enhanced liquidity, as well as interoperability, in terms of all of those who happen to be seeking avenues for the purchasing as well as the selling of NFTs. Also, with the linking to Polygon, there will be far greater connectivity with the y00ts NFTs, along with making adequate improvements to the overall user experience. Incidentally, Polygon happens to be a Layer 2 upgrading solution that functions on…

NFT Nonfungible tokens (NFTs) have become a popular way for creators to sell digital art and other unique items. Yet because they do not own cryptocurrencies, many people are afraid to invest in NFTs. So, can you buy NFTs without owning crypto? The good news is that one can purchase NFTs without owning any cryptocurrency. For instance, users can buy NFTs with dollars, credit cards or through a friend. This article will look at a number of ways to buy NFTs with fiat money and other methods. Buying NFTs with a credit card on NFT marketplaces One of the simplest…

NFT The ApeCoin Community has voted on a proposal that suggested the creation of a new NFT series, rejecting the idea. ApeCoin Armory Club and Ape Coin Pet Club were the two NFT collections. The ApeCoin DAO has rejected a proposal that would have introduced two new NFT collections. The two collections are Ape Coin Armory Club and Ape Coin Pet Club, which were designed to have 20,000 NFTs each. 83.95% of the voters rejected the proposal, with 10.01% of the community in favor of it. The NFTs would have been handed out to the crypto community for free, with…

NFT Web3 company Yuga Labs is behind several popular NFT collections, including Bored Ape Yacht Club, Cryptopunks, Mebits, and Narrative NFT Project 10KTF. It also runs Otherside, a boring app-themed game and virtual world. The agreement aims to increase engagement among each company’s communities “by exploring the intersection of fashion and entertainment in the metaverse,” they said in a press release. “We are excited to unveil this multifaceted partnership with Yuga Labs, a leading and creative developer of Web3 technology,(…) This will give us an active role in the continuing narrative of The Otherside and 10KTF, which manifests itself in…

Blockchain On its Base network, Coinbase is experimenting with “flatcoins.” Coinbase recently stated that “flatcoins,” or inflation-pegged stablecoins, will be required for the Base network to be established. This is one of four essential advancements that will be developed on the exchange’s layer-2 network. The other three are an on-chain reputation system, an on-chain limit order book (LOB) exchange, and tools to make the DeFi ecosystem more secure. Since most stablecoins are tied to the US dollar or a fiat currency, this might be a dangerous move for an exchange. Coinbase’s flatcoins will be backed by the price of living.…

Those who have been around crypto for a while will understand the agony of sending tokens to the wrong address or network and losing them forever. However, how many understand what it feels like to lose a rare and highly valued CryptoPunk as the result of a fumbled transaction? That is the kind of pain one investor, Brandon Riley, is going through after permanently destroying his $129,000 NFT while attempting to ‘wrap’ it.Riley bought the piece for 77 ETH less than two weeks ago, and planned to keep it for the next ten years. However, on March 19, he decided…