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NFT In the wake of a rumored shutdown, Coinbase NFT, the non-fungible token (NFT) platform of crypto exchange Coinbase, said Wednesday that it is pausing “creator Drops” to focus its efforts on other facets of its marketplace. “We recently shared that we are pausing creator Drops on the NFT marketplace to focus on other features and tools that creators have asked for,” Coinbase NFT confirmed in a tweet. “To be clear: We are not shutting down the Coinbase NFT marketplace.” On Wednesday afternoon, Coinbase NFT partner Jessica Yatrofsky said her upcoming NFT collection would no longer drop on Coinbase NFT,…

Ex-baseball player turned prolific NFT artist, Micah Johnson, has teamed up with the American Heart Association (AHA) to help raise awareness through NFTs. The initiative comes during American Heart Month and seeks to raise awareness for cardiovascular disease, and promote healthier lives for all globally.Dubbed “Aku’s Heart,” the NFTs feature a character named Aku, who is a young black boy wearing an astronaut’s helmet. The character is inspired by his nephew’s question about whether astronauts can be black. The sale of the NFTs will kick off tomorrow on Manifold.xyz, an NFT minting platform, and end on February 4th. Each piece…

Yuga Labs announced it is launching its first community-led Bored Ape Yacht Club (BAYC) council. So, who is on the council? The community council consists of seven long-standing community members that have a proven track record of supporting the collection. Additionally on the council are other NFT holders who have been trusted advisors to Yuga Labs. BAYC, meet your new council members! Who is on the BAYC council? According to the official blog, the BAYC Council intends to represent the community at large. Moreover, it serves as a channel through which community members can express their ideas. The seven council…

A federal judge in the United States has reportedly given approval for tech giant Meta to move forward on acquiring a virtual reality company.According to a Feb. 1 report from Bloomberg, Judge Edward Davila in U.S. District Court for the Northern District of California denied an injunction by the Federal Trade Commission, or FTC, as part of an effort to block Meta from purchasing VR firm Within. However, he also reportedly issued a temporary restraining order preventing Meta from closing the deal for at least a week.The ruling was part of a lawsuit filed by the FTC against Meta and…

The United Kingdom is host to at least 168 companies accused of running fraudulent crypto or foreign exchange (forex) scams, according to an independent analysis.A joint investigation by media firms the Bureau of Investigative Journalism and the Observer published Jan. 29 found that organized crime groups are using the U.K. as their base due to its “lax regulation.”The actual number of U.K.-based crypto or forex companies involved in scams is likely far greater than 168 as the number was calculated by reviewing lists of suspected shell companies and cross-referencing them with reports of fraudulent activity on various websites.Around half of…

NFT Top Hollywood and web3 talent representative United Talent Agency has signed Bobby Kim, co-creator of the popular NFT collection Adam Bomb Squad. UTA, a prominent dealmaker in the entertainment industry, will represent Hundreds — aka Bobby Hundreds — in “all areas,” including aiding the creator with film and television projects, the talent agency said. Hundreds is a well-known “designer, author, photographer, and Web3 creator,” UTA said in a statement. The Hundreds’s non-fungible token collection Adam Bomb Squad dropped during 2021’s bull run and sold 25,000 NFTs in under an hour. Additionally, Adam Bomb Squad NFTs have generated more than…

NFT Whimsical non-fungible token (NFT) collection Doodles’ mint passes for its latest collection Doodles 2 are getting a pump following its release Tuesday night. According to data from secondary marketplace OpenSea, the Dooplicator collection, which allows tokenholders to generate digital wearables in the new collection, has a 0.66 ETH floor price, which is roughly $1,000. The trading volume has risen quickly and has hit a total of 12,897 ETH or about $20,312,775 at the time of writing. Last week, Doodles announced Doodles 2, the second iteration of the popular profile-picture (PFP) collection. Partnering with Flow Blockchain to execute the mint,…

Soccer fans rejoice – Spain’s premier soccer league LaLiga is entering Web3! It is teaming up with Dapper Labs to build a platform set to become the “NBA Top Shot” of soccer. The launch date for this highly-anticipated platform is October 27, and fans can participate by joining a closed beta waitlist. As from October 27, you can watch back and own your favourite soccer moments as NFTs. What are Laliga Golazos NFTs? The new platform – named Laliga Golazos – will allow fans to purchase video NFTs of the most talked-about moments from 2005 onwards. Therefore, through the NFTs,…

Founder of “My Big Coin” Randall Crater has been sentenced to 100 months in prison and ordered to pay over $7.6 million to the victims of his fraudulent scheme. The U.S. Department of Justice said on Jan. 31 that Crater was sentenced by United States District Court Judge Denise Casper in Massachusetts.The sentence comes after Crater was convicted by a federal jury on July 21 on four counts of wire fraud, three counts of unlawful monetary transactions and one count of operating an unlicensed money-transmitting business.Randall Crater, the founder of “My Big Coin,” a purported cryptocurrency company, was sentenced today to…

NFT Just two months after raising $6.9 million, Shibuya—a Web3 video platform co-founded by digital artist Emily “pplpleasr” Yang—has revealed its next web video that NFT holders can help shape, scene-by-scene: a stop-motion animated short from electronic musician Steve Aoki and actor Seth Green’s Stoopid Buddy Stoodios. Aoki and the studio behind the Adult Swim series “Robot Chicken” will bring their “Dominion X: Level 2” project to Shibuya, with a six-week, interactive production process that will unfold in collaboration with the community. Each week, NFT holders can vote on how each new scene will conclude, and then the producers will…