NFT News

The popular on-chain sleuth ZachXBT recently called out two growing Twitter accounts for perpetrating multiple NFT-related scams over the past month.  The analyst explained the timeline of events on Friday, including their sudden rise to prominence and the rug pulls they’ve managed to pull off.  Calling Out the Scammers As outlined in the analyst’s Twitter […] More

Image Source: Unsplash Amazon reportedly aims to dabble into NFTs and Web3 gaming with an upcoming initiative related to digital assets.  The world’s largest retailer is planning to launch a “digital assets enterprise” focused on non-fungible tokens and Web3 gaming this spring, Blockworks reported Thursday, citing four anonymous sources familiar with Amazon’s intentions. Per the […] More

Image Source: Unsplash Amazon reportedly aims to dabble into NFTs and Web3 gaming with an upcoming initiative related to digital assets.  The world’s largest retailer is planning to launch a “digital assets enterprise” focused on non-fungible tokens and Web3 gaming this spring, Blockworks reported Thursday, citing four anonymous sources familiar with Amazon’s intentions. Per the […] More

The world’s largest e-commerce organization, Amazon, is planning to venture into the non-fungible token project. The company has conducted several approaches to digital exchanges, crypto-based developers, and layer-1 blockchains. As reported by Blockworks, sources from the firm stated that Amazon plans to integrate blockchain-based systems, ensuring its users partake in NFT gaming to gain rewards. […] More

Amazon is reportedly working on a digital assets company that will power an NFT marketplace this spring. According to sources interviewed by the media outlet Blockworks, the retail giant has been buying digital collectibles companies from various players in the crypto ecosystem to power its new venture. So far, Amazon has invested in layer-1 blockchains […] More

Crypto proponents would be wise to keep their eyes on nonfungible token (NFT) and metaverse trademark applications this year, which are “reliable signals” of future-use plans. Speaking to Cointelegraph, intellectual property lawyer Michael Kondoudis said while many people may think big corporations are just jumping onto the NFT trend as a novelty, “it is not […] More

German luxury car manufacturer Porsche’s nonfungible token (NFT) collection reached 2,839 Ether (ETH) ($4.5 million) in total sales volume, according to data from NFTScan at the time of writing on Jan. 26. The collection had a floor price of 2.74 ETH and a high price of 9.18 ETH, with over 1,705 total sales.  Originally meant to have […] More

The first-ever Porsche (Cayman S) was sold for 300 BTC back in 2013. At press time, Porsche 911 NFT floor price was 2.59 ETH. Initially, a total of 7,500 Porsche 911 NFTs were to be minted before the motor company abruptly halted the minting process. Day after Porsche halted the Porsche 911 NFT minting, the […] More

Source: Moonbirds Kevin Rose, the co-founder of Moonbirds non-fungible tokens (NFTs) and the CEO of Proof Collective, has fallen victim to a phishing attack due to which he lost about $1.1 million worth of tokens. Some of the stolen NFTs include The Currency artwork by popular British artist Damien Hirst, one Autoglyph, 25 Art Blocks, […] More

A nonfungible token (NFT) collector is taking legal action against the OpenSea NFT marketplace for several allegations, including being locked out of his account for more than three months after being a victim of a phishing scam.  OpenSea user Robbie Acres told Cointelegraph that after his NFTs were stolen through a phishing scam, he immediately […] More

Kevin Rose, the CEO of NFT company Proof, responsible for the famous collection Moonbirds, announced that his wallet had been compromised. Stolen NFTs are reportedly worth millions of dollars. Rose warned his 1.6 million followers on Twitter not to purchase any Chromie Squiggles, a generative art NFT initiative by Snowfro, the creator of Art Blocks. […] More

Kevin Rose, the co-founder of the nonfungible token (NFT) collection Moonbirds, has fallen victim to a phishing scam leading to more than $1.1 million worth of his personal NFTs stolen. The NFT creator and PROOF co-founder shared the news with his 1.6 million Twitter followers on Jan. 25 asking them to avoid buying any Squiggles […] More