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Who are the main NFT “whales” and what collections do they have?

Posted on September 21, 2023 By Brad O'brien
Who are the main NFT “whales” and what collections do they have?

Key Facts: CryptoPunks are the predominant digital pieces in “whale” wallets. Of the list, only one collector lost money with his investments in NFTs. Although the non-fungible token (NFT) market is in the doldrums, it still remains an attractive industry for some, especially for the so-called “whales.” Individuals or organizations that own a large amount…

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The price of IMX, a gaming token in the Ethereum ecosystem, jumps

Posted on September 21, 2023 By Brad O'brien
The price of IMX, a gaming token in the Ethereum ecosystem, jumps

Key Facts: Trading platform Coincheck listed the Immutable token. The Upbit exchange bought 12.53 million IMX. The price of immutable (IMX), the native token of the eponymous web3 gaming network, has seen an increase of more than 50% in the last seven days. This allowed it to touch USD 0.75 today, its maximum in a…

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95% of NFTs are worthless: a new report worries the sector

Posted on September 21, 2023 By Brad O'brien
95% of NFTs are worthless: a new report worries the sector

A new report shows that the non-fungible token (NFT) market has collapsed and that almost all NFTs are virtually worthless. It should be noted that NFTs were in fashion for a while. The idea is that non-fungible tokens create scarcity of digital objects, allowing for a new type of trackable digital property. However, that boom…

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NFT News

International NFT Day: A digital revolution underway

Posted on September 21, 2023 By Brad O'brien
International NFT Day: A digital revolution underway

September 20 marks International NFT Day, a date that celebrates the digital transformation that has redefined our interaction with art, technology and entertainment. Since their conception in 2017 by Dete Shirley of Dapper Labs, NFTs (Non-Fungible Tokens) have emerged as digital certificates that validate the uniqueness of an object in cyberspace, whether it is a…

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NFT News

José Castagnino: “NFTs have to wait for the moment to return and continue growing”

Posted on September 18, 2023 By Brad O'brien
José Castagnino: “NFTs have to wait for the moment to return and continue growing”

Key facts: “There are people betting on radical change” through cryptocurrency networks, says Castagnino. For him, it is necessary to improve the challenge-reward ratio in the NFT industry. The non-fungible token (NFT) industry is not going through its best moment. Gone is the fury reached during the 2020-2021 bull market when no one wanted to…

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NFT News

NFT Week: Summary of sector highlights

Posted on September 18, 2023 By Brad O'brien
NFT Week: Summary of sector highlights

The world of non-fungible tokens (NFT) continued down a difficult path this week and this is reflected in the main facts of this summary. Although the days were dominated by negative news, there is also room for optimism. In the latter case, the rise of some Solana protocols stands out, which show considerable momentum. However,…

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NFT News

Video game studio wants to revive metaverses with Bitcoin Ordinal NFTs

Posted on September 17, 2023 By Brad O'brien
Video game studio wants to revive metaverses with Bitcoin Ordinal NFTs

Key Facts: Darewise’s plan includes creating games, providing real-world experiences, and more. Animoca Brands raised $20 million to take metaverses to the next level. The free-to-play video game investment giant, Animoca Brands, is no longer thinking about the disinterest surrounding metaverses. Now, rather, it is focused on re-boosting them by leveraging Bitcoin’s Ordinals non-fungible tokens…

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NFT News

Deutsche Bank studies custody and tokenization

Posted on September 16, 2023 By Brad O'brien
Deutsche Bank studies custody and tokenization

Deutsche Bank studies custody and tokenization after reconsidering options. The financial giant is preparing new custody and tokenization services for its institutional clients. This comes as a result of an alliance with Taurus, a company based in Switzerland. Taurus offers infrastructure for the issuance, marketing and custody of digital assets, cryptocurrencies and NFTs. Deutsche Bank…

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NFT News

Mark Cuban loses 175,000 USDC and thousands of cryptocurrencies in hack

Posted on September 16, 2023 By Brad O'brien
Mark Cuban loses 175,000 USDC and thousands of cryptocurrencies in hack

American businessman and billionaire investor Mark Cuban lost hundreds of thousands of cryptocurrencies last night in a hack of his MetaMask wallet. Cuban found out about the theft after the press consulted him about this hack that the pseudonym chain researcher had detected and reported via Twitter WazzCrypto. After reviewing his wallet, Cuban confirmed to…

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NFT News

European Union will force exchanges to declare how many cryptocurrencies their users hold

Posted on September 16, 2023 By Brad O'brien
European Union will force exchanges to declare how many cryptocurrencies their users hold

Key facts: The regulations can now begin to be applied by companies, although they come into force in 2026. The DAC8 is based on the MiCA law recently approved by the European Parliament. The obligation for European companies related to bitcoin (BTC) and cryptocurrencies to inform governments about their users’ cryptoasset holdings is already a…

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