NFT News

The Sandbox bought an NFT from the Moonbirds collection for $1M

The Sandbox bought an NFT from the Moonbirds collection for $1M

The Sandbox Metaverse Project bought a non-fungible token from the Moonbirds NFT collection for 350 ETH (over $1 million at writing). 👋 GM to MoonBird #2642 🦉 We got this rare @moonbirds_xyz NFT for 350 ETH and will showcase it alongside 100s of NFTs, adding Utility in @TheSandboxGame open Metaverse; growing the NFT culture as it will become part...

Bug in smart contract of AkuDreams NFT project resulted in loss of $34 million

Bug in smart contract of AkuDreams NFT project resulted in loss of $34 million

Due to an error by the AkuDreams team dutch auction The NFT project ended with the loss of user funds. Over 11,539 ETH (~$33.93 million) were permanently locked in the smart contract. $34 million, or 11,539 eth, is permanently locked into the AkuDreams contract forever. It cannot be retrieved by individual users or by the dev...

Nike and RTFKT Unveil First NFT Collection

Nike and RTFKT Unveil First NFT Collection

Nike and RTFKT Studio have presented the first collection of non-fungible tokens on the Ethereum blockchain. The digital sneaker is inspired by the Nike Dunk silhouette. In February 2022, MNLTH-NFT airdrop in the Mystery Boxes format was held among the owners of the CloneX project tokens and other collections from RTFKT. A few months later, the...

Terra Users Lost Over $4M in Phishing Attack

From April 12 to April 21, dozens of Terra network users became victims of a phishing attack. The attacker received $4.31 million worth of crypto assets, SlowMist experts said. According to the SlowMist intelligence zone, numerous users on the Terra network had their funds stolen recently. From 4/12 to 4/21, close to $4.31 million in assets were...

Coinbase Launches Beta NFT Marketplace

Coinbase Launches Beta NFT Marketplace

Cryptocurrency exchange Coinbase has launched a beta version of its own non-fungible token (NFT) platform for a limited number of users. HERE’S SOME ALPHA: we’re in beta pic.twitter.com/HMdTPat5vP — Coinbase NFT (@Coinbase_NFT) April 20, 2022 At the first stage, Ethereum-based tokens are available. Coinbase Vice President of Product Sanchan Saxena The Block about the plans of the NFT marketplace...

Kadena Launches $100M Grant Program

Kadena Eco, the company behind the development of the Kadena blockchain platform, has announced the launch of a $100 million grant program to support projects in the network ecosystem. We’re thrilled to announce a $100M grant program to inspire builders to innovate on the @Kadena_io network! If you’re a builder or developer looking to build on #Web3,...

NFT Platform Rario Raises $120M

NFT Platform Rario Raises $120M

Non-fungible token (NFT) sports marketplace Rario closed a $120 million Series A funding round. We are pleased to announce that we have raised $120M Series A Funding led by Dream Capital. With this partnership, we will get access to Dream Sports' 140M users to potentially build the world’s biggest cricket NFT platform.🏏🏟️ #RarioxDreamCapitalhttps://t.co/roNj9LZDZF — Rario (@rariohq) April...

Is Facebook’s Metaverse Going to Have Privacy and Safety?

Is Facebook's Metaverse Going to Have Privacy and Safety? This article discusses the prospects for privacy and safety controls on the Metaverse. Some say they will be little more than a screen for Facebook to hide behind. Others are skeptical. We'll need trust and bilateral data-sharing agreements before knowing whether privacy and safety controls will be...

Bitcoin exchange OKCoin announced the launch of an NFT marketplace

Bitcoin exchange OKCoin announced the launch of an NFT marketplace

Cryptocurrency exchange OKCoin has opened a waiting list for a non-fungible token platform. Its launch is scheduled for 2022. Beyond making it so simple your grandmother could use it, we’re building Okcoin NFT with you in mind. You’ll be able to connect external wallets to buy & sell. Plus find #NFTs on #Ethereum, #Polygon, Binance, &...