After an NFT auction where American actor and comedian Bill Murray raised 119.2 ETH (about $185,000) for charity, hackers stole the funds. According to the blockchain explorer EtherScan, hackers started to attack the actor's wallet at 7:00 p.m. ET on Thursday. The wallet was controlled by Murray's...
Telegram’s Chief Executive Officer Pavel Durov has offered to bring usernames and channel links to market in the form of non fungible tokens. Durov said in a message he wrote to his group that he was moved by the success of the auction TON (The Open Network) lately executed for their...
NFT finance Omni, developed by Parallel Finance, was hacked recently and lost around 1,300 Ethers worth $1.43 M in a flash loan reentrancy hack. The platform enables users to stake NFTs and receive tokens in return. The blockchain data analytics company PeckShield tweeted that Omni's hacker...
Hollywood star Johnny Depp has donated about $800,000 to charities raising funds due to NFT sales. Depp's NFT art platform Never Fear Truth divided the sum between the Children's Hospital of Los Angeles, Perth Children's Hospital, the Footprint Coalition, and the Great Ormond Street Hospital....
American TV host Jim Cramer assumes that cryptos will continue to drop and finds they have no value. He has changed his mind about crypto many times. At CNBC’s Squawk Box, Cramer shared his views on the performance of different asset categories including cryptocurrencies for this year. He...
International e-commerce platform eBay revealed acquiring the NFT marketplace KnownOrigin, which provides artists an environment to create digital assets in the form of non-fungible tokens. The announcement about the acquisition said that with the purchase eBay is opening a new era of digital...
Microsoft co-founder Bill Gates criticized non-fungible tokens and cryptos. At a TechCrunch Talk, the business magnate said he finds that the sector is 100% dependent on greater fool theory. The phrase is used in finance to convey the idea that overvalued assets will grow in price when there are...
International payments company Mastercard announced working to unlock NFT trading with the Layer 2 scaling solution ImmutableX, the digital collectibles company Candy Digital, The Sandbox metaverse, the NFT marketplaces Mintable, Spring, Nift Gateway, and crypto payments company MoonPay. In a...
An ex-employee at the popular NFT platform OpenSea, Nate Chastain, is accused of fraud and money laundering. Each of these counts carries a max sentence of 20 years. However, a judge's sentence is yet to come. According to an announcement by the US Attorney's Office for the Southern District of New...
Legendary basketball player Earvin "Magic" Johnson announced the launch of his first NFT collection. He tweeted being excited to present some of his epic moments from his career to fans. I’m really excited to partner with @nbatopshot to release my first NFTs and bring some of my...
The amount of NFTs sent to marketplaces hit $37 bln as of May 1, 2022. The indicator is close to surpassing the overall NFT transaction volumes equal to $40 bln of 2021. According to a report by the blockchain data platform Chainanalysis, despite some ups and downs in volumes, the number of active...
Business magnate Elon Musk, who recently announced buying the social media company Twitter changed his Twitter profile picture for a Bored Ape Yacht Club collage. Musk wrote that the picture seems pretty fungible to him. I dunno … seems kinda fungible— Elon Musk (@elonmusk) May 4, 2022 ...
Analytical report by Huobi Research, blockchain industry reserach institute affiliated to the crypto exchange Huobi, published an analytical report on the current NFT market state and possible future developments. The report titled “Looking for the Eye of the Storm - NFT Price Analysis”,...
The company standing behind the development of the Bored Ape Yacht Club, Yuga Labs, attracted $450 M in a recent Series Seeds funding stage. Completing the round, its valuation has reached $4 bln. VC firm Andreessen Horowitz (a16z) led the round. Among investors were game software company Animoca...
Meta (formerly Facebook) CEO Mark Zuckerberg announced during the annual event South by Southwest (SXSW) that the Instagram team is working on bringing NFTs to the network in the near term. The executive didn't say when exactly it will happen, but mentioned: "hopefully in the coming...
Yuga Labs, the creator of the well-known NFT collection Bored Ape Yacht Club, revealed acquiring CryptoPunks and Meebits from Larva Labs. The company published a blog post, saying that it gave full commercial rights to the community. With the purchase, Yuga Labs now owns the brands, copyright in...
Immutable X, Ethereum's leading NFT scaling protocol, announced closing Series C round, raising $200 M. Thus, the company's valuation hit $2.5 bln. 1/ Major news: we’re thrilled to announce @Immutable has raised $200M in Series C funding @ $2.5B val.🎉We’re supercharging our mission to make...
The Securities and Exchange Commission studies the NFT (non-fungible token) market to see whether the sales comply with the agency's rules. A Bloomberg report, citing people familiar with the subject, says that the focus of the probe is to see if certain NFTs and digital assets can be used to...