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Bitcoin Ordinals, a method of generating non-fungible tokens (NFTs) through a process called inscribing, debuted in January, bringing the NFT and smart contract narrative to the Bitcoin blockchain.

Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions

Activity in Bitcoin Ordinals, a method of generating Bitcoin non-fungible tokens (NFTs) through a process called inscribing, has picked up in the wake of the BRC-69 token standard launch. ...

1 year ago

The bad actors used a fake Gutter Cat Gang airdrop scam to drain people’s wallets, with at least $700,000 worth of NFTs stolen from a single address.

Over $765K worth of NFTs stolen after SIM swap attack on Gutter Cat Gang

More than $765,000 worth of nonfungible tokens (NFTs) has been stolen as part of a reported SIM swap attack on the Gutter Cat Gang NFT project. The security breach was highlighted by s...

1 year ago

BTC loses $30,000 peg

Bitcoin loses US$30,000 peg, Ether falls as risk-off sentiment spreads to cryptocurrencies

Bitcoin fell below the US$30,000 support line in Friday morning trading in Asia as traders took profits amid worries about interest rate hikes in U.S. markets that drove investors into so-called...

1 year ago

NFT Royalties Reaches Lows

NFT Royalties on Ethereum Reaches Lows of Two Years

Royalties earned by non-fungible token (NFT) projects have fallen to their lowest level in two years, according to a report by blockchain analytics firm Nansen. The drop in NFT royalti...

1 year ago

NFT royalties are an important gauge of incoming revenues to fund the ongoing development of various projects in the ecosystem.

Ethereum NFT royalties hit 2-year low as Bored Ape floor price falls below 30 ETH

Royalties earned by nonfungible token (NFT) projects have reached their lowest point in two years, according to a report from blockchain analytics firm Nansen. Data shared with Co...

1 year ago

Credit Suisse customers will be able to buy the Ethereum NFTs through the bank’s app, but they won’t be able to be resold just yet

Credit Suisse issues Ethereum NFTs to raise funds for women’s football

Banking institution Credit Suisse has teamed up with the Swiss Football Association to issue non-fungible tokens (NFTs) on Ethereum to support the women’s team. The NFTs, a colle...

1 year ago

The floor prices for some of the largest NFT collections sunk to nearly two-year lows, but have started to edge up in the past 24 hours.

Nifty News: Blue chip NFT prices wobble, Credit Suisse tries tokens and more

‘Blue chip’ floor prices near two-year lows The largest nonfungible token (NFT) collections by market capitalization ...

1 year ago

PeckShield reports that $2.27 million of NFTs were stolen in June, recording the lowest monthly figure for stolen NFTs in 2023.

Half of stolen NFTs are sold within 3 hours: PeckShield

A new report from blockchain security firm PeckShield found that half of stolen nonfungible tokens (NFTs) get sold within 160 minutes on various NFT marketplaces like Blur and OpenSea....

1 year ago

Former first lady Melania Trump has rolled out a new series of non-fungible tokens (NFTs) under ‘The 1776 Collection.’

Melania Trump Reveals New NFT Collection, Reviving Interest in Donald Trump Trading Cards

Fox News reported that the digital collection comprises six unique releases featuring prominent US landmarks like the Statue of Liberty, Mount Rushmore, and the Liberty Bell. The release of Mela...

1 year ago

The deal includes an investment of $3.5 million, a Sony executive moving to Startale Labs and collaboration on new Web3 tools for mass adoption.

Sony Network invests in Japanese Web3 startup to spur mass adoption

On June 28, Sony Network Communications — a subsidiary of Sony — and Japanese Web3 infrastructure tech company Startale Labs revealed a new business collaboration and a $3.5 million ...

1 year ago