“Krafton, the company behind PUBG, is entering the world of NFTs and the metaverse with ‘Overdare,’ a creation-centric platform.” South Korean game company Krafton, famous for PUBG, is entering the NFT and metaverse realm with its project ‘Overdare.’ The game is set for a soft launch in December and a full release between January and…
Stoner Cats 2 LLC (SC2), known for the “Stoner Cats” animated series, faced legal issues with the SEC. They were charged with selling over 10,000 NFTs at approximately $800 each without proper registration as crypto-asset securities. This NFT sale happened in just 35 minutes on July 27, 2021, and the funds raised were meant for…
Binance, a cryptocurrency exchange, is discontinuing its support for the Polygon Network on its NFT platform. Users are advised to withdraw their Polygon NFTs from the Binance NFT Marketplace by the end of the year. Binance’s NFT marketplace is discontinuing its support for the Polygon Network. The platform will stop supporting Polygon NFTs starting from…
We’re thrilled to announce the launch of the OPX NFT marketplace, a significant step in changing digital ownership and boosting creativity. This platform, built on the XRP Ledger network, aims to empower artists and creators globally using blockchain technology and non-fungible tokens (NFTs). The OPX NFT marketplace stands out by utilizing the XRP Ledger’s speed,…
The SEC is now paying attention to NFTs. They took their first action about it. Some of the people in charge had different thoughts about it. The U.S. Securities and Exchange Commission (SEC) has said that a company named Impact Theory in Los Angeles broke the rules by selling non-fungible tokens (NFTs) without asking permission….
The digital collectible cards known as NFTs, which showcase the likeness of former U.S. President Donald Trump, saw their prices surge after his arrest in Georgia. Over the past week, the trading activity for Trump’s digital cards jumped remarkably by 177%. This surge reached its peak on August 25 at 24.1 ETH. Additionally, the lowest…
Chastain was proven guilty of purchasing and selling NFTs from sets he knew would be showcased on his former company’s main website later on. Nate Chastain, who used to be in charge of products at OpenSea, a platform for NFTs (unique digital items), has been given a three-month prison term. He got in trouble for…
Investor Mark Cuban, involved with OpenSea, expressed dissatisfaction with their decision. Creators are considering leaving and imposing restrictions due to this move. Mark Cuban and the creator of Bored Ape Yacht Club, Yuga Labs, were among the important people who spoke out against NFT trading platform OpenSea on Friday. This was in response to OpenSea’s…
OpenSea, the NFT marketplace, is turning off its royalty enforcement tool called Operator Filter. This tool lets creators block NFT marketplaces that don’t enforce royalties. The change will happen on August 31, as said by OpenSea’s founder and CEO, Devin Finzer, on August 17. Operator Filter was added in November 2022. It’s a simple piece…
A recent report highlights booming sales and popularity of Reddit’s NFTs on the Polygon blockchain. Thriving Reddit NFTs Data from Dune Analytics reveals a remarkable Reddit NFT market. Sales of these tokens have surged past $40,554,135, with an astonishing 20.3 million transactions in just 24 hours. Growing Community and Capital The Reddit NFT holder community…