Amidst the recent crypto market price drop, the non-fungible token (NFT) sales volume has dropped by 6% to $84.6 million. Even though the crypto market showed mild signs of a positive trajectory recently, all the gains seem to have erased now. According to CoinMarketCap data, the global crypto market cap has dropped by 1.39% at […] More
NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record. News COINTELEGRAPH IN YOUR SOCIAL FEED Non-fungible tokens (NFTs) broke their seven-month downward trend in October as digital collectibles recorded an 18% increase in volume. Since recording a monthly volume of $1.6 billion in March, its highest in […] More
Mutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence. News COINTELEGRAPH IN YOUR SOCIAL FEED The developer of the Mutant Ape Planet, a ripoff of the popular Mutant Ape Yacht Club (MAYC) non-fungible token (NFT) collection, was ordered by a court to forfeit $1.4 million and pay a $15,000 […] More
Lazarus Group used a fake playable NFT game to steal wallet credentials through a vulnerability on Google Chrome. Newsletter COINTELEGRAPH IN YOUR SOCIAL FEED In this week’s newsletter, read about how the Financial Industry Regulatory Authority (FINRA) urged its members to be mindful of their regulatory obligations as they explore metaverse technologies, find out how […] More
Thiel co-founded PayPal and provided early funding for platforms like LinkedIn and Yelp. News COINTELEGRAPH IN YOUR SOCIAL FEED Infinex’s non-fungible token (NFT) collection, Patrons, has surpassed $67.7 million in total investments within just six weeks since its launch, despite a downturn in the wider NFT market. The Patrons NFT collection crossed the $67 million […] More
Animoca Brands Japan is set to launch a non-fungible token collection inspired by the popular Japanese cyberpunk franchise, Ghost in the Shell. The tokens will be launched on the Ethereum network starting Oct. 31. According to an Oct. 25 press release, the Ghost in the Shell collection will consist of 500 unique NFTs featuring characters […] More
The non-fungible token sales volume over the last week has dropped by 7%, and stands at $89.1 million. The crypto market, exhibiting signs of recovery, has taken a U-turn. According to the latest data, the global crypto market cap has dropped by over 2% in the last 24 hours. In comparison to last week’s $93 […] More
Reports have emerged that bad actors allegedly tied to North Korea’s Lazarus Group executed a complex cyberattack that used a fake NFT-based game to exploit a zero-day vulnerability in Google Chrome. According to the report, the vulnerability ultimately allowed the attackers to access people’s crypto wallets. Exploiting Chrome’s Zero-Day Flaw Kaspersky Labs security analysts Boris […] More
The North Koreans invested great effort in creating and promoting the game that apparently drained users’ wallets. News COINTELEGRAPH IN YOUR SOCIAL FEED The North Korean Lazarus Group of hackers used a fake blockchain-based game to exploit a zero-day vulnerability in Google’s Chrome browser and install spyware that stole wallet credentials. Kaspersky Labs analysts noticed […] More
[PRESS RELEASE – Singapore, Asia, October 23rd, 2024] Users can convert staked ELA and rewards into tradable NFTs, burn them anytime for Bitcoin-secured ELA APY rewards, and claim the staked ELA when the lock period ends. Anyone can stake ELA with a validator and earn 2–3% APR, with higher rewards for longer lock periods. Elastos […] More
Yuichiro Tamaki, leader of Japan’s Democratic Party for the People (DPP), has proposed a crypto tax reform to support the growth of a token economy, including Web3 and NFTs if he wins the election. His plan would lower the taxation on crypto gains to a 20% separate declaration tax instead of treating them as miscellaneous […] More
Weekly non-fungible token sales volume has surged 22.5% and now stands at $93 million, per the latest data. As the crypto market shows slow signs of recovery, the NFT market enjoys an uptick in volume and other metrics. Here’s a small glimpse: NFT sales volume pumped to $93 million from last week’s $77.6 million. The […] More
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