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The State of NFTs: Key Trends During the Bear Market

The State of NFTs: Key Trends During the Bear Market

In Brief NFTs trading volume has declined by over 90% after peaking in January. A DappRadar report suggest that on-chain metrics remain bullish despite the bear market. Ethereum NFTs remain dominant in the space, accounting for 91% of total trading volume. The recent bear market has had telling effects on every crypto sector, and new …

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Solana NFT Game Launches on Epic Games Store

Solana NFT Game Launches on Epic Games Store

Epic Games Store hosts the new Solana game Star Atlas. A playable demo is available for NFT owners to sample. Star Atlas Launched on Epic Games Store The highly anticipated Solana NFT-based game Star Atlas finally launched on the Epic Games Store on 29 September 2022, with a live-streamed event. Although only currently available as …

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Theta upgrade goes live to support wTHETA as TNT20 token

Theta upgrade goes live to support wTHETA as TNT20 token

Theta Labs (THETA) successfully deployed the Theta v3.4.0 upgrade at block height 17285755, which supports wrapped THETA (wTHETA) as a TNT20 token. This upgrade was key for the launch of the Theta Metachain, which is expected to happen in December 2022. The new version allows the wTHETA to be transferred to Metamask wallets and other smart contracts. …

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How NFTs and the Metaverse can keep fashion luxurious

Luxury in the metaverse isn’t just exclusive to owning the biggest land plot or the best NFT avatar — it’s more than that. ANALYSIS   It’s no secret that the fashion industry has started to explore the cryptoverse, with brands like Dolce & Gabbana, Gucci, Philipp Plein and Tiffany & Co. taking their own path …

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Warner Music taps OpenSea NFT marketplace to guide artists to Web3

Warner Music taps OpenSea NFT marketplace to guide artists to Web3

Warner Music Group (WMG) has partnered with non-fungible token (NFT) marketplace OpenSea, to allow some of the entertainment conglomerate’s artists to build their fan base in Web 3.0. Fast facts WMG artists will get early access to OpenSea’s new “drop” product, an initiative that allows creators to launch collections on dedicated pages with higher visibility on OpenSea’s website. …

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Bank of Ghana to foster financial inclusion through CBDC project

Kwame Oppong, an executive at Ghana’s central bank, told Cointelegraph that a CBDC could give their citizens the opportunity to use a “decent form of payment.” INTERVIEW   As more countries make progress in terms of developing and implementing central bank digital currencies (CBDCs), Ghana’s central bank aims to keep up and complete its research on CBDCs with …

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XRP Ledger Platforms This Luxury Brand’s NFTs During Paris Fashion Week

XRP Ledger Platforms This Luxury Brand’s NFTs During Paris Fashion Week

At the forthcoming Paris Fashion Week, the luxury fashion house Balmain will present its NFT membership collection alongside its new clothes show. What makes these NFT creations special is that the basis for their creation is XRP Ledger, chosen by Balmain’s developer and partner, MINTNFT. The membership program, whose full name is “The Balmain Thread,” was created …

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NFT-focused Fund Finds Parallels to Traditional Venture Investing

NFT-focused Fund Finds Parallels to Traditional Venture Investing

Spencer Ventures, a crypto fund focused solely on NFTs, has decided to come out of stealth mode after receiving a $4 million check from a family office with $10 billion in assets under management. Blockworks spoke to the founder and fund manager, Spencer Gordon-Sand, about what it takes to raise a fund aimed at institutional …

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Will these Solana [SOL] updates finally be enough to push the price

Will these Solana [SOL] updates finally be enough to push the price

At the time of writing, Solana’s (SOL) seven-day performance was pretty sluggish as it failed to register any promising gains. Though the prevailing crypto-market is a factor behind this performance, there might be other reasons as well. Nonetheless, there have been several positive developments in the Solana ecosystem that have the potential to change SOL’s fate. …

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Azuki Among Latest NFT Projects To Gain VC Funding

Azuki Among Latest NFT Projects To Gain VC Funding

Art and NFT collector Adrien Cheng may be involved in Chiru Labs’ raise An official announcement from Chiru Labs and Azuki founder is still anticipated At first, Twitter rumor had it that the Azuki NFT project had raised a round of funding that brought its creator company, Chiru Labs, to a valuation of $1.4 billion. That unconfirmed …

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