Author: Jeremy Ryan
Jeremy Ryan
Jeremy Ryan is Founder and CEO of NFT Demon Holdings LLC. After becoming the largest NFT artist on BNB Chain pretty much overnight with no resources he became an entrenched figure in the industry. As years went on he expanded to AI and quantum computing but has kept his roots in crypto. NFT Demon Holdings LLC is the premier consulting firm in blockchain, AI, and quantum computing amongst celebrities, Fortune 500 companies, and quantum computing. Jeremy oversees a role in all operations.
In this week’s newsletter, read about how eBay’s nonfungible token (NFT) platform launched a new creator smart contract. Learn how OpenSea plans to win back its users from its competitor, Blur, and check out why Yuga Labs was accused of intellectual property (IP) theft over the wolf skull logo. In other news, find out how NFTs will act as “high-end properties” during the market booms, and don’t forget this week’s Nifty News, featuring an NFT artist receiving $150,000 for a meme on Ordinals. eBay NFT platform KnownOrigin launches creator smart contractEBay’s NFT marketplace KnownOrigin announced the launch of creator smart contracts…
Square Enix, the Japanese video game publisher known for iconic franchises like Final Fantasy, Dragon Quest, and Kingdom Hearts, has teamed up with Polygon to launch its Symbiogenesis project, an interactive Web3 NFT-based game set to go live in the spring. This game is a unique blend of digital collectibles and virtual adventure games, set in a mysterious floating continent. Players can explore the stories of different characters by owning digital collectible art that represents them. In recent years, Square Enix has explored the Web3 arena through various initiatives. However, Symbiogenesis marks a significant milestone as it is the company’s…
The United States Congress needs to take control of crypto legislation and make it a more “open process” where the entire marketplace is looked at “comprehensively,” suggests Kristin Smith, CEO of the Blockchain Association — a prominent U.S. crypto industry nonprofit.In a Feb. 22 Bloomberg interview, Smith said the industry needs U.S. lawmakers to lead crypto legislation despite it making the process “very slow,” with regulators “stepping in” in the interim.Smith noted that despite regulators “moving very quickly,” progress on legislation is happening “behind closed doors,” suggesting it’s vital for more industry involvement in an “open process,” which would involve…
A wallet security team released a real-time dashboard that lets community members detect, track and monitor potential nonfungible token (NFT) hacks using offline signatures in the OpenSea marketplace. According to the team behind crypto wallet ZenGo, they created an NFT hack detector using a simple method. This includes tracking realized NFT trades in the NFT marketplace and comparing the trade amount of the NFT collection’s floor price. If the ratio between the two trade values is suspiciously low, it will get flagged as a potential hack. ZenGo wallet dashboard for detecting NFT hacks. Source: Dune AnalyticsAt the time of writing, the…
NFT Music streaming Spotify is testing a new service called “token-enabled playlists,” which allows holders of non-fungible tokens (NFTs) to connect their wallets and listen to curated music. Currently, the service is available to token holders within the Fluf, Moonbirds, Kingship and Overlord communities. The curated playlists will be actively updated during the three-month testing period and can only be accessed by community members via a unique link. Web3 gaming and media universe Overlord tweeted on Wednesday that holders of its lizard-themed Creepz NFT project can connect their Web3 wallet on Spotify to access the project’s community-curated “Invasion” playlist. Overlord…
Attorneys working on behalf of former FTX CEO Sam Bankman-Fried have agreed to pay for a security expert to assist the federal judge overseeing his fraud case in navigating modern encryption technology to aid in possibly modifying Bankman-Fried’s bail terms.Bankman-Fried lawyers Christian Everdell and Mark Cohen sent a letter to Judge Lewis Kaplan on Feb. 21 agreeing with his proposal for a technical professional to aid him.According to the letter, “the defense has already begun researching and contacting possible experts and anticipates being able to propose one or more potential candidates to the court by the end of the week.”NEW:…
The January launch of Bitcoin Ordinals created a stir within the crypto community about its place within the Bitcoin ecosystem. Users are debating whether they offer new use cases for Bitcoin or if it takes away from BTC’s peer-to-peer cash system vision.No matter the community sentiment on the Bitcoin-based nonfungibale token (NFT) issue, this did not stop Bitcoin (BTC) mining firm Luxor Mining from acquiring OrdinalHub, the primary platform for Bitcoin NFTs.The announcement came on Feb. 20, with 150,000 inscriptions (Ordinals) already made, a 15000% increase from the beginning of the month.Luxor highlighted the fact that the current state of Bitcoin…
The company behind the sunken ship’s exhibitions, RMS Titanic Inc., has partnered with Artifact Labs, a Hong Kong-based Web3 firm, to mint relics from the ship on the blockchain as NFTs. This is according to an official statement seen earlier today.The goal is to “bring the RMS Titanic and its physical artefacts into Web3.” Additionally, both seek to “place the legacy of the Titanic in the hands of the global public.” That said, this partnership will see 5,500 physical artefacts recovered from the Titanic turned into NFTs. Also, this will happen to any other artefacts that are found on the…
The staking services offered by cryptocurrency exchange Coinbase are “fundamentally different” to what was offered by its peer exchange Kraken — which recently came under fire from the United States securities regulator — according to Coinbase’s head lawyer.Paul Grewal, Coinbase’s chief legal officer, made the comments Feb. 21 in his response to a shareholder question regarding its staking services during a Q&A session on the exchange’s fourth-quarter results, noting:“The staking products that we offer on Coinbase are fundamentally different from the yield products that were described in the reinforcement action against Kraken. The differences matter.”The first point of difference Grewal…
Artifacts recovered from the wreckage of the Titanic will be tokenized using blockchain technology through a partnership driven by the company that acts as steward of the sunken vessel.A three-way partnership involving the company RMS Titanic (RMST), Hong Kong-based Venture Smart Financial Holdings and Web3 firm Artifact Labs will begin tokenizing precious artifacts from the Titanic to unlock a myriad of Web3 functionalities.Select artifacts from the sunken Titanic will be preserved as nonfungible tokens (NFTs) to open up shared ownership to the general public. RMST holds the exclusive rights to recover artifacts from the Titanic and its wider debris field…
