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Blockchain A Web3 Incubation Program will be co-hosted by Sony Network Communications, Inc., an operational firm of the Sony Group, and Astar Network, the multichain smart contract platform. Together, Sony Network Communications and Astar Network will support Web3 initiatives that highlight the practical applications of NFTs and DAOs. From mid-March through mid-June, there will be the Web3 Incubation Program supported by Sony Network Communications and Astar. Applications for the programme will be taken starting on February 17. Ten to fifteen cohorts will be chosen after consideration by both Sony Network Communications and Astar Foundation. The incubation programme will be coordinated…

Judge John Dorsey of the United States Bankruptcy Court for the District of Delaware has denied a motion appointing an independent examiner for FTX.In a Feb. 15 hearing, Judge Dorsey said he had some discretion under the law to choose whether to appoint an examiner in the FTX bankruptcy case despite some of the parties meeting the debt threshold with the loss of funds. According to the judge, appointing an examiner would be an “unnecessary burden” on FTX’s debtors and creditors, citing the additional expense.“There’s no question that if an examiner is appointed here, the cost of the examination given…

NFT The non-fungible token (NFT) digital trading cards launched by former U.S. President Donald Trump have seen their floor price surge to a new all-time high above the $1,000 mark at a time in which sales are growing and trading volume is keeping up. According to data from NFT price floor, Trump’s digital trading cards currently have a floor price of around 0.6799 ETH, equivalent to $1,145. Their floor price rose from 0.33 ETH, or $555, at the beginning of this month, and from 0.167 ETH ($280) at the beginning of the year. The floor price, it’s worth noting, is…

NFT A picture of a rock, existing as an NFT on Ethereum, has been sold for 139 ETH, Etherscan data on February 16 shows. EtherRock NFT Sold For $235,000 At the time of buying, the 139 ETH used to purchase the NFT translated to around $235,000. For this transaction, the buyer paid 0.003672481899086462 ETH, or approximately $6, at the time. Described as “EtherRock,” the NFT is among the earliest in Ethereum and across the NFT ecosystem. Only 100 of these NFTs were minted, and they have been changing hands since then. Most importantly, the creator says they were created around…

On Thursday, an innovative universe called “Burn Island” and VeeFriends was announced, featuring one of the largest NFT collections to date.Gary Vaynerchuk, also known as Gary Vee, created VeeFriends in May 2021, followed by a second collection, VeeFriends Series 2, in April 2022.The company has now announced “Burn Island,” which will offer a blend of storytelling and functionality to provide value and community interaction for VeeFriends holders.Holders will have the ability to burn their NFTs in exchange for exclusive access to events, physical and virtual rewards, as well as rare NFTs.VeeFriends President Andy Krainak said there are a few reasons…

South Korean prosecutors have requested an arrest warrant for the former CEO of Tmon, a Korean e-commerce platform, after taking billions of South Korean won in Terra (LUNA), now known as Terra Classic (LUNC), for promoting Terra as a simple payment gateway. Seoul prosecutors requested an arrest warrant on the former CEO of ecommerce giant Tmon for allegedly receiving bribery from Terra cofounder Daniel Shin in exchange for promoting Terra as a payment method, the Seoul Southern District Prosecutors Office confirmed with me via text.— Danny Kunwoong Park (@ParkKunwoong) February 15, 2023 Media outlet Dong-A Ilbo reported that the head of…

NFT Starbucks Odyssey, the coffee chain’s NFT-driven rewards program built on Ethereum scaling network Polygon, is still in closed beta—but early adopters are already flipping the NFT stamps for nearly $2,000 apiece. Since the beta launch of Starbucks Odyssey in December, its stamp NFTs have seen 360 total sales on Nifty Gateway’s official secondary marketplace, with over $143,000 in total volume traded. That relatively low number is to be expected, considering only a limited number of users have been allowed in from the waitlist, and the company has only released four NFT drops in total. But what is surprising is…

Blockchain TangleHUB recently joined forces with node provider DLT(dot)GREEN. Their partnership will expand PIPE’s decentralized storage to reach across Europe. TangleHUB, a software development company, announced its partnership with DLT(dot)GREEN, a decentralization-focused node pool. Their partnership aims to expand TangleHUB’s decentralized storage solution, PIPE, across Europe and provide more users with secure and efficient storage solutions. TangleHUB partners with https://t.co/u9sgWXy72u to expand their decentralized storage solution, PIPE, throughout Europe! With 75 powerful nodes now in place, the network’s reliability and stability is even stronger, paving the way for more secure and efficient storage solutions. pic.twitter.com/8VjHZiMP2z — TANGLEHUB (@Tanglehub_eu) February 14,…

According to a new twitter post on Feb. 16, e-commerce platform eBay’s nonfungible tokens (NFT) marketplace KnownOrigin will launch creator smart contracts for its artists. With the new contract, artists will be able to split earnings and earn royalties as co-creators. As told by KnownOrigin, users have been testing its Creator Contract beta release for the past few weeks, with 84 contracts thus far deployed and 250 edition of NFTs minted. From Feb. 24 onwards, all approved creators on KnownOrigin will be able to deploy and mint work on their own contract for public release. Deployment will not require coding knowledge.Last…

Illuvium recently dropped an announcement about Illuvium Beyond, a combination PFP collection and NFT gathering game. Now they unveil more details about their plans for this fourth layer of the ever growing Illuvium universe! Illuvium continues to expand their offerings, bringing Illuvitars and a new game, Illuvium Beyond, to a website near you! You can read the full official post here, but I’ll try and sum up and cover all the key points here. Illuvium Beyond centers around Illuvitars. These are collectible, PFP type NFTs, that can be customized! Illuvitars are hand-drawn representations of Illuvials from the Illuvium world. They…