July 29, 2022 By Anjali Kochhar NFT Music Platform Audius was exploited by cybercriminals costing the crypto company around $6 million, which the company accepted recently on social media. As per MisTrack, a crypto compliance platform, Audius was recently exploited, leading to the loss of 18.5 million Audio tokens. It seems like $6 million in […]

July 28, 2022 By Murtuza Merchant Robotos NFT collection features randomly generated droids with more than 170 traits. Robotos, the NFT brand with 10,000 digital collectibles, is launching a metaverse experience – a city called Robopolis. Among the spaces and activities of the Robopolis metaverse for collectors is MoRA, the Museum of Robotos Art, which has

July 28, 2022 By Sharan Kaur Phillora Sumitomo Mitsui Financial Group (SMBC Group) said on 22 July 2022 it is teaming up with blockchain firm HashPort to create a “token business lab” to develop non-fungible token (NFT) and Web3 projects, according to Yahoo!Finance. Here’s what we know: The move comes just several months after Japan’s

July 27, 2022 By Murtuza Merchant Yuga Labs, the creator of Ape Coin and the Bored Ape Yacht Club non-fungible tokens (NFTs) has been threatened with a class action lawsuit by renowned law firm Scott+Scott, for allegedly inappropriately inducing users to buy its products and using celebrities to pump up the prices of its offerings. Leadership used

July 27, 2022 By Anjali Kochhar Meta, formerly known as Facebook, is starting with Ethereum and Polygon NFTs but will soon add support for NFTs (non-fungible tokens) on Solana and Flow, as a part of the program under which it has been rolling out NFTs for some U.S. creators on its flagship social network, according

July 26, 2022 By Sharan Kaur Phillora Less than two weeks into its soft launch, GameStop’s NFT marketplace is already courting controversy. Among the NFTs listed on the platform is an artwork called “Falling Man”. The NFT swaps the victim out for an astronaut, posing them like the unknown man who fell to his death.

July 26, 2022 NFT influencers play a vital role in the NFT space, especially on Twitter. However, recently, more and more NFT influencers are simply disappearing. Popular accounts like @crypto888crypto, creator of 888 Inner Circle, and @NFTethics, the NFT project exposers, are no longer active in the space. There are others, and because of the

July 25, 2022 By Sharan Kaur Phillora Despite some signs of possible industry slowdown, money is still pouring into video game companies big and small. Driving the news: Some 651 gaming M&A or investment deals were announced or closed in the first half of the year, totaling more than $107 billion, according to a new

July 25, 2022 By Anjali Kochhar Japanese video game company Square Enix has announced its NFT (non-fungible token) project in partnership with Enjin, an NFT company that will store Square Enix’s tokens on its Efinity blockchain. A digital collection of cards celebrating the 25th anniversary of Final Fantasy 7 will be released on the cross-chain

July 22, 2022 By Murtuza Merchant Another day, another first for the NFT industry.  In a private event, a champagne bottle featuring the artwork of Bored Ape Yacht Club (BAYC), sold for a record $2.5 million. Created by Shammi Shinh, ‘Magnum of Chateau Avenue Foch’ or Magnum 2.5, is the world’s most expensive champagne bottle.