February 28, 2023 By Murtuza Merchant NFTs, or non-fungible tokens, have become a popular topic in the world of cryptocurrency and blockchain technology. These unique digital assets allow creators to sell and distribute their work in a way that is authenticated, verifiable, and scarce.  While some have hailed NFTs as a revolutionary new way to […]

February 27, 2023 By Murtuza Merchant The popular visually-oriented social media platform, Instagram, which is owned by Meta, has recently launched a new feature that enables users to share their non-fungible tokens (NFTs) as posts.  This is a significant move by Instagram into the NFT space, and the feature is now available globally. Meta has

February 27, 2023 By Murtuza Merchant Bitcoin, the innovative decentralized public ledger system, was introduced and implemented by an unidentified individual or group who used the alias, Satoshi Nakamoto.  The Creation and Significance of Bitcoin This person or collective authored the celebrated bitcoin white paper, which delineates the technology and its applications, and developed the

February 27, 2023 By Sharan Kaur Phillora Blur has announced plans to airdrop an additional $300 million in tokens to its most active and loyal NFT traders. The airdrop rewards traders who have helped build and support the platform’s ecosystem.  Here’s what we know:  “Season 1” ended last week with the release of its native

February 27, 2023 By Joe Pan As the anniversary of the ongoing conflict between Ukraine and Russia approaches, a new wave of support for Ukraine has emerged in the form of NFTs. Listed exclusively on Coinbase, the NFTs are being sold to help finance Ukraine’s ongoing fight against Russia. The involvement of British MP Matt

February 24, 2023 By Sharan Kaur Phillora The Floki community is rallying to support the Turkey earthquake victims. On Monday, Floki announced the launch of “Floki’s Turkey Earthquake Relief NFT,”  priced at 0.05 ETH and is available on the OpenSea marketplace. Here’s what we know:  The dev team has determined to hold the NFT sale, and the

February 24, 2023 By Anjali Kochhar Indian cryptocurrency exchange WazirX announced on Wednesday that it is shutting its non-fungible tokens (NFT) marketplace due to a lack of traction, indicating an increasingly difficult business environment for the virtual digital assets (VDAs) segment amid high taxes, regulatory uncertainties, and global market volatility. WazirX’s crypto exchange business has

February 24, 2023 By Anjali Kochhar The core team behind nonfungible token (NFT) collection Friendsies has refuted claims they are “abandoning” the NFT project following a tsunami of “rug pull” accusations. The founders behind the NFT project took to Twitter on Tuesday to say that they were putting a “pause” on Friendsies and “all future

February 23, 2023 By Sharan Kaur Phillora Fandom Studio, a platform that allows creators to monetize TikTok content using NFTs has partnered with BNB Chain to launch PEACEMINUSONE NFT from Archive 2016 collection on Binance NFT and OpenSea. Here’s what we know:  With this partnership, holders of the Archive 2016 NFTs can participate alongside G-Dragon, a global

February 23, 2023 By Anjali Kochhar YouTube’s new CEO Neal Mohan has expressed optimism about integrating new technologies into the video-sharing platform, including non-fungible tokens (NFTs), metaverse, and blockchain. Mohan, who has recently replaced Susan Wojcicki as the new CEO of YouTube, believes Web3 “opens up new opportunities for creators.” He added that these innovations