Apecoin Holders Are Losing Their Staked Tokens When Paired Bored Apes Get Sold
Holders of Bored Apes and Mutant Apes are losing their staked apecoin because they failed to delist their paired NFTs before staking their tokens.
Bitget Airdrops Seed NFT With USD 2M Rewards to FTT Holders During World Cup
Seychelles, December 5, 2022 – Leading global cryptocurrency exchange, Bitget launches its Seed NFTs collection, together with attractive rewards and various perks, and will airdrop NFTs to qualified FTT holders amidst the World Cup period. With a reward pool of close to USD 2 million, this NFT collection is a part of the initiatives implemented by Bitget to assist users affected by FTX’s collapse. With the aim of providing investors with financial aid and, at the same time, attempting to rebuild their confidence in crypto with its core values in mind: integrity and transparency.
Warner Music Group to Release Polygon Music NFTs Through LGND Platform
Artists signed to Warner Music Group labels will release music NFTs through the upcoming Polygon-based marketplace <a href="https://www.lgndmusic.com/" target="_blank">LGND Music</a> thanks to a multi-year partnership announced today between the major record label, the <a href="https://decrypt.co/resources/what-is-ethereum-quickly-explained-four-minute-guide" target="_blank">Ethereum</a> sidechain network, and the <a href="https://decrypt.co/resources/what-is-web-3" target="_blank">Web3</a> music startup.
Ethereum NFTs Surrender to Crypto Winter; Will ETH Suffer the Same Fate
NFT transactions on Ethereum have declined significantly, from 22% NFT dominance to 8.3% according to crypto analytics firm Glassnode. On the other hand, stablecoin transactions grew and took up the space originally conquered by NFTs. This declining interest from traders could affect the overall NFT market negatively.
Aave Companies Acquires Social Metaverse Developer Sonar
Software development company Aave Companies today announced the acquisition of Sonar, a San Francisco-based metaverse developer where players can build worlds and interact with user-created spaces using non-fungible tokens (<a href="https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain" target="_blank">NFTs</a>).
Over 460k NFTs Minted On XRP Ledger After Month Of NFT Functionality
NFT adoption on the XRPL is happening rapidly.
Coinbase Pauses Plans for Bored Ape Yacht Club NFT Short Film Trilogy
At the peak of <a href="https://decrypt.co/resources/what-is-bored-ape-yacht-club-the-celebrity-nft-of-choice" target="_blank">Bored Ape Yacht Club</a> hype earlier this year, cryptocurrency exchange Coinbase announced <a href="https://decrypt.co/97509/coinbase-bored-ape-yacht-club-short-films" target="_blank">a trilogy of short films</a> inspired by the <a href="https://decrypt.co/resources/non-fungible-tokens-nfts-explained-guide-learn-blockchain" target="_blank">NFT</a> project during the run-up to the <a href="https://decrypt.co/99561/coinbase-nft-marketplace-150-users-first-day-public" target="_blank">launch of the exchange's NFT marketplace</a>. But after releasing the first entry in July, the company confirmed to <i>Decrypt</i> today that it has paused further production of the series.
Magic Eden Launches NFT Tool To Enforce Creator Royalties
The Solana-based NFT marketplace Magic Eden has <a href="https://twitter.com/MagicEden/status/1598400031999918080?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1598400035112165376%7Ctwgr%5E6717e10540f9948890952e8619898ad99a6dfe6e%7Ctwcon%5Es2_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fmagic-eden-follows-opensea-with-nft-royalty-enforcement-tool" target="_blank">announced</a> the Open Creator Protocol (OCP). OCP is an open-source tool that NFT creators on Solana can deploy to ensure that royalties are paid whenever their assets are traded on secondary marketplaces.
OpenSea’s Ethereum Gas Usage Has Declined to Almost Zero
CryptoSlate’s analysis of gas consumption on the Ethereum (<a href="https://cryptoslate.com/coins/ethereum/">ETH</a>) network based on transactions interacting with non-fungible tokens contracts showed that OpenSea’s gas usage has declined to almost zero.
NUGEN’s Beta Launch of Nugenverse and NFT Marketplace at DCentral Miami - A Grand Success
A real amusement for crypto enthusiasts as NUGEN’s feature-rich metaverse and NFT platforms are now officially launched!
Coinbase Says Apple Blocked Its Last App Release on NFTs in Wallet
Coinbase Wallet said Apple had blocked the latest release of its app in an effort to “collect 30% of the gas fee” through in-app purchases.
Coinbase Wallet Claims Apple Wants to Collect 30% of Gas Fees When Sending NFTs
Coinbase Wallet has disabled the sending of NFTs on its iOS app as Apple wants the transactions to go through its in-app purchase system to collect 30% of the gas fees.
Breaking: Coinbase Blames Apple For Disabling NFT Transactions
In a major development, Coinbase Wallet has issued a statement where it states, Apple has blocked their latest app release, which has led to users not being able to send their NFTs. As per Coinbase’s announcement, Apple has claimed that the gas fees required to send NFTs need to be paid through their In-App Purchase system, so that they can collect 30% of the gas fee.
Bored Ape NFT Artist Seneca Continues on Her Own Path With 'Portraiture'
Yuga Labs rode the <a href="https://decrypt.co/resources/what-is-bored-ape-yacht-club-the-celebrity-nft-of-choice" target="_blank">Bored Ape Yacht Club</a> NFT rocket ship to a <a href="https://decrypt.co/95706/bored-ape-cryptopunk-nfts-yuga-labs-450m-4b-valuation" target="_blank">$4 billion valuation</a> and <a href="https://decrypt.co/resources/what-is-yuga-labs-otherside-inside-the-bored-ape-yacht-club-metaverse" target="_blank">big metaverse plans</a>, but it was pseudonymous artist <a href="https://allseeingseneca.com/" target="_blank">All Seeing Seneca</a> who led the original design of the disinterested Apes. Now they’re everywhere.
Uniswap Calls Its New NFT Aggregator a ‘Google Search’ for Trading
Five months after acquiring NFT trading aggregator <a href="https://decrypt.co/103467/uniswap-labs-buying-ethereum-nft-aggregator-genie" target="_blank">Genie</a> and its founder Scott Gray, Uniswap is launching an NFT aggregator on its website.
BMW Coming To Metaverse, Files For Virtual Vehicles, Clothing And Footwear
German multinational automobile manufacturer Bayerische Motoren Werke AG (BMW) is the latest in line to indicate an interest in direct involvement with the Metaverse and the NFT space, as it applies to trademark its logo with intentions to offer NFT-focused services.
Blockchain Group Animoca to Form Metaverse Fund
According to company co-founder and Executive Chairman Yat Siu, Hong Kong-based blockchain gaming group Animoca Brands plans to launch a fund of up to $2 billion to invest in metaverse businesses. Animoca is known for the Sandbox metaverse game that allows users to buy plots of digital land and decorate them using non-fungible tokens (NFT), a digital asset traded on the blockchain. Animoca's investors include Singapore state fund Temasek, GGV Capital of the U.S. and South Korea's Mirae Asset Management, and its latest fundraising valuation is over $5 billion. (Nikkei)
NFT To Be Lifted From Income Tax Act In India? Read Here
Cryptocurrencies, NFTs, and the Metaverse are terms that you may not yet be familiar with, understand, or have had any personal experience. With so much coverage of these cutting-edge technologies, the rush to invest, and the associated worries about a potential ban in India, it was only a matter of time before the taxman joined the party to make sure that the correct taxes were paid.
ApeCoin’s APE Surges on New NFT Marketplace Launch
ApeCoin (APE) is up 4% in the last week, to $3.24 at the time of writing, following a bespoke NFT marketplace launch for the Ethereum-based governance token. The new platform will support Yuga Labs NFT collections – Bored Ape Yacht Club, Mutant Ape Yacht Club, and Otherside Metaverse trades.
ApeCoin DAO to Lauch Bespoke NFT Marketplace for Apes and Otherdeeds
ApeCoin DAO is getting a new NFT marketplace that will sell Bored Ape Yacht Club, Mutant Ape Yacht Club, Bored Ape Kennel Club and Otherdeed NFTs.