Roughly 48% of Ethereum NFT Trades in October Were Fake
Traders seeking to artificially inflate the price of collections or earn marketplace trading rewards generated $389 million in wash trades during October.
Solana Market Cap Shrinks Below Litecoin in Protracted Descent
The market cap of the popular proof-of-stake blockchain, Solana, slipped below that of the OG proof-of-work blockchain, Litecoin, according to Coingecko.Solana's latest downturn began with the collapse of FTX.
Nike Sprints Further into The Metaverse with .Swoosh Platform Trademarks
As the <a href="https://finbold.com/category/cryptocurrency-news/">cryptocurrency sector</a> and <a href="https://finbold.com/topic/blockchain/">blockchain</a> technology continue to expand and advance, one of their segments captures the particular interest of the public – non-fungible tokens (<a href="https://finbold.com/guide/how-to-mint-sell-nfts-non-fungible-tokens-explained/">NFTs</a>) and the <a href="https://finbold.com/guide/how-to-invest-in-metaverse/">metaverse</a>, the possibilities of which are being recognized by global brands, such as Nike (NYSE: <a href="https://finbold.com/stock/nike-stock-nke/">NKE</a>).
NFT Marketplace Magic Eden Integrates With Polygon To Grow Blockchain Gaming
NFT marketplace Magic Eden is integrating with the Ethereum scaling layer-2 blockchain Polygon to dive deeper into the blockchain gaming and NFT ecosystems, the companies announced on Tuesday.
DeFi, NFT Remains Resilient Despite FTX Implosion: DappRadar
The fallout from FTX’s collapse has been devastating, and the market is poised for more losses. But according to a recent report by DappRadar, Web3 remains resilient.
Sensorium Teams Up With Polygon Studios to Accelerate Development and Adoption of Web3 Projects
Sensorium, the company behind the industry-leading Sensorium Galaxy metaverse, is pleased to announce that it is entering into a collaboration agreement with Polygon Studios.
Binance Launches Free Online Crypto Courses With NFT Certificates
As the cryptocurrency industry continues to expand, the need arises to educate the public about digital assets, their uses, advantages, and risks to support this growth, which is why the crypto trading platform Binance is now offering free courses on the increasingly popular technology.
Adidas Unveils Its First NFT Collection: Yields $11 Mln In Revenue
Adidas Originals (adidas Originals), a german sportswear brand, unveils the first blockchain-powered virtual wearables. Top sports brand Adidas dubbed its first collection of NFT wearables as “Virtual Gear.” The launch of the NFT collection accelerates Adidas Originals’ drive to improve its community-based, member-first, open metaverse strategy.
Mintable Now Supports The XRP Ledger (XRPL)
Mintable, an NFT marketplace built on Ethereum, has launched support for the XRP Ledger, per a tweet from the platform yesterday.
NFTSTAR is bringing its squad to The Sandbox
NFTSTAR is in front of the most recent developments on The Sandbox. According to reports, Forj would also support NFTSTAR in achieving its multiverse goal of creating an integrated multiverse platform for sports. NFTSTAR’s contribution includes launching its superstar squad into virtual space. At NFTSTAR’s new residence on The Sandbox, three football legends will be featured: Neymar Jr, Son Heung-Min, and Luis Figo.
Cristiano Ronaldo partners with Binance for his first NFT collection
Cristiano Ronaldo brings himself closer to his fans by announcing a partnership with Binance to launch his first-ever NFT collection. The lineup will be live on the Binance NFT Marketplace on November 18, 2022, at 9:00 UTC. The goal is to introduce Web3 enthusiasts to the world of Web3.
Cristiano Ronaldo’s First NFT Collection Will Be Available Available on Binance.com
The launch is supported by a global marketing campaign featuring Ronaldo, aiming to give his fans an introduction to Web3 through the world of NFTs.
HUGO BOSS Launches Its First-Ever NFT Collection
German luxury fashion house HUGO BOS AG has entered the world of the Metaverse and NFTs with the launch of a new Web3 experience.
Solana NFTs are Live on Instagram & Facebook
Instagram and Facebook have integrated with the Solana blockchain to allow users to showcase their NFT collections! The Solana Foundation has teamed up with leading NFT ecosystem creators, marketplaces, and infrastructure projects to celebrate with a special contest.
Meta’s New Tools for Creators to Make and Sell Their Own NFTs on Instagram
Creators will soon be able to make their own digital collectibles on Instagram and sell them to fans, both on and off Instagram.
