Mia Patel
Visa, one of the largest payment providers in the world, recently announced the launch of its new loyalty and engagement solution – Visa Web3. This innovative solution is a significant shift in customer engagement and loyalty strategies tailored for digital and virtual environments.Evolution of Loyalty ProgramsTraditionally, loyalty programs have...
With the growing prominence of NFTs, the risk of hacks and cyber attacks targeting these digital assets has also increased. In this article, we will explore some of the major NFT hacks that occurred in 2023 and discuss ways to protect your valuable digital assets.NFTs and their VulnerabilitiesNFTs are...
Non-Fungible Tokens (NFTs) and blockchain gaming have experienced a surge in popularity. As we approach 2024, this trend shows no signs of slowing down. Glancing into the future, NFTs are poised to be a driving force behind blockchain gaming adoption, and a few key trends are set to shape...
Metaplex, the reputable Web3 firm renowned for developing an extensive open-source protocol and toolset, has launched Metaplex Inscriptions and Engravings. This new standard is designed for on-chain and immutable digital assets on the Solana blockchain.NFT Creation and StorageMetaplex is widely recognized for its fast and affordable NFT ecosystem. The...
Recently, 36 Bored Ape Yacht Club (BAYC) and 18 Mutant Ape Yacht Club (MAYC) NFTs were stolen from NFT Trader, a peer-to-peer trading platform. These stolen assets, estimated at close to $3 million, were swiftly returned after a 120 Ether (ETH) ransom was paid.The unidentified hacker justified their actions...
Former US President Donald Trump announced the release of a new NFT collection titled “Mugshot edition,” in reference to his August 2023 indictment. Following the announcement, there has been a noticeable increase in the value of his previous NFTs.Launch of the ‘Mugshot Edition’ NFT CollectionThe new collection offers various...
Leading global game developer, Wemade, has reached an agreement to incorporate MYSTiC GAMES, making it the first Swedish game studio to deploy games on WEMIX PLAY. A Growing Game LibraryWith over 9 million users globally, WEMIX PLAY provides nearly 40 web3 games, including the popular titles MIR4 and its sequel,...
Cristiano Ronaldo is at the center of a class-action lawsuit targeting his promotion of NFTs issued by the Binance platform. Filed in the Southern District of Florida, the suit is seeking at least $1 billion in damages connected to Ronaldo’s promotional activities. The claimants argue that the footballer’s endorsements of...
Aqua, a gaming NFT marketplace, has officially ceased operations, according to a post by CEO Sean Ryan on LinkedIn. This move comes in response to the slower-than-anticipated scaling of the Web3 gaming market, rendering Aqua’s continued operations untenable.Aqua’s Mission and ChallengesDeveloped in 2022 by Sean Ryan, a former VP...
Louis Vuitton recently announced the unveiling of their latest digital collectible, the VIA Tile Trunk NFT. This digital collectible was designed by Nicolas Ghesquière, who presently serves as the creative director for women’s collections at LVMH.Inspired by Ghesquière’s trunk-shaped mini cube bag first displayed at the Spring-Summer 2024 fashion...