Author: admin
An NFT from the Pudgy Penguins collection has sold for a breathtaking 400 ETH (around $600k) in a remarkable moment for the popular penguin project. It is the biggest ETH sale ever for the Pudgy Penguins project and signifies a massive moment for the penguins. A Pudgy Penguins NFT just sold for 400 ETH! The NFT in question #6873 is the rarest of the 8,888 NFTs. It is the only pfp with a green background and faces the other direction to the rest of the NFTs. However, this is not the first big sale of #6873. Previously, it sold for…
In a new partnership with Web3 company, ‘Tibles,’ the beloved 80s classic, Fraggle Rock, is diving into the NFT world via the Flow blockchain. Through the Tibles Fraggle Rock app and online platform, fans of the show from The Jim Henson Company can now collect, trade, and interact with digital trading cards of well-known Fraggle Rock characters. Starting at $4.99, packs come with five cards to fill up a virtual sticker book and decorate a digital “room” within the app. A platform that also includes a chat function to connect and trade packs of cards and regular new content releases. Resulting…
An economic bubble is a time of fast economic expansion that is driven by speculative enthusiasm and excessively high asset prices. A bubble is characterized by an increase in demand for an asset, such as commodities, stocks or real estate, which drives up its price. A number of factors, including easy access to credit, low interest rates and investor optimism, frequently combine to create financial bubbles.The asset’s price rises as more individuals invest in it, luring even more capital. Its price eventually falls below a level that can be sustained, which causes a sell-off and a sharp collapse in value.…
The innovating NFT Solana project DeGods is now one of the most expensive pfp collections in the entire ecosystem. This is the first time a Solana NFT collection has made it into the top five pfp and shows how Solana NFTs are gaining in popularity. DeGods has overtaken some of the most popular NFT collections, such as Doodles and Azuki. DeGods is now in the top five pfp NFT projects in the world! Significantly, now, with only BAYC, CryptoPunks, Moonbirds, and MAYC ahead of them, there is enormous excitement about the potential of this unique project. DeGods is now a…
Following the global regulatory race, Australia opened the public consultation on its own taxonomy of crypto assets. The national regulators propose to distinguish four major types of products related to the crypto industry. On Feb. 3, the Australian Treasury released a consultation paper on “token mapping,” announcing it as a foundational step in the government’s multistage reform agenda to regulate the market. It seeks to inform “a fact‑based, consumer conscious and innovation-friendly” approach to policy development.Based on the “functional” and technology-neutral method, the paper proposes several basic definitions for all things crypto. At the first level, it outlines the key concepts…
The officially licensed NFTs of the NBA and WNBA, NBA Top Shot are releasing NFTs of the WNBA star, Sylvia Fowles. Now, users are able to own moments from her final home game, too. It is a one-of-a-kind highlight which was a farewell to the sport, city, arena and fans she loved. In her 14-year career, Sylvia Fowles spent 7 in Minnesota. The Sylvia Fowles NFTs Limited edition Sylvia Fowles NFTs have been released on the NBA Top Shot platform to celebrate her illustrious career in ‘the W’, alongside 24 other players. In partnership with Top Shot, the WNBA, and…
Crypto mining firm Core Scientific made a deal with the New York Digital Investment Group (NYDIG) to pay off an outstanding debt of $38.6 million by handing over more than 27,000 mining machines used as collateral. In a court filing, the company said the mining rigs were no longer essential to its operations and plans. The firm is now waiting to get the approval of the United States Bankruptcy Court for the Southern District of Texas, which is in charge of the proceedings.While the company accepted that the move would negatively impact its revenue, Core Scientific highlighted that the long-term benefits of…
Daz 3D are Web3 trail-blazers. Specialising in NFT strategy, marketing, and full-stack development, this digital art company has collaborated with iconic brands like Coca-Cola, Champion, and Warner Bros. In 2021 Daz partnered with RTFKT (now Nike) to bring 3D utility to Clone X. Then in 2022, the NFT innovators dropped Non-Fungible People, an NFT collection of 8,888 3D Women & Non-Binary folks. Now Daz 3D is at it again and has just announced their latest high-octane PFP collection: the League of Legendary Lions. Three League of Legendary Lions PFPs Daz 3D’s latest NFT offering: The League of Legendary Lions Made…
MetaTrekkers is a new NFT project offering exclusive benefits that’s live right now. Their distinctive characters and ambitious plans are surely going to be a hit with the community. The Benefits of the MetaTrekkers community What is MetaTrekkers? Drawing inspiration from Elon Musk’s 1984 Blastar game, MetaTrekkers focused on creating completely unique character design. This was just the first step to leading their community on an exclusive metaverse journey. To explain, each MetaTrekkers NFT entitles the holder to a range of exclusive and exciting perks. Originally, the team purchased a Decentraland parcel, using it to host weekly art, NFT and…
CryptoZoo and Logan Paul have been named as defendants in a newly filed class-action lawsuit, which alleges they stole millions of dollars worth of purchaser’s cryptocurrency via a “fraudulent venture.”In a court filing on Feb. 2 in the District Court of the Western District of Texas, plaintiff Don Holland alleged that Paul and executives at CryptoZoo (CZ) “executed a ‘rug pull’” by promising purchasers of the nonfungible tokens (NFTs) exclusive access to crypto assets among other benefits, but ultimately abandoned the project and kept the funds.”As part of Defendants’ NFT scheme, Defendants marketed CZ NFTs to purchasers by falsely claiming…
