Home NFT News

NFT News

NFTs are currently taking the digital art and collectibles world by storm. Digital artists are seeing their lives change thanks to huge sales to a new crypto-audience. And celebrities are joining in as they spot a new opportunity to connect with fans. But digital art is only one way to use NFTs. Really they can be used to represent ownership of any unique asset, like a deed for an item in the digital or physical realm.

Renowned football star Cristiano Ronaldo recently announced the release his fourth collection on Binance’s NFT Marketplace on May 29 at 08:00 UTC, featuring digital art and memorabilia celebrating Ronaldo’s career highlights, including iconic goals and significant moments.The NFTs will be available exclusively on the Binance NFT Marketplace with...
British artist Damien Hirst faces allegations of backdating thousands of paintings in his NFT art project, ‘The Currency’. A recent investigation suggests that at least 1,000 of the 10,000 dot paintings were produced years later than the claimed date of 2016.Launched in 2021, ‘The Currency’ featured 10,000 dot...
In a recent X post regarding the NFT art realm, acclaimed artist Claire Silver expressed concerns about a notable drop in artist engagement and market dynamics attributed to diminished royalty payments. Royalties provide creators with income from secondary sales. Silver argues that reducing or eliminating this source of income diminishes artists’ earnings and deters...
A recent hack on the GALA token that minted billions of extra tokens has caused a stir in the Gala community. But the Gala team responded quickly, drafting a proposal to upgrade their token contract and balance out the token supply. This proposal has already passed, and we should...
Azuki and Magic Eden partners to introduce a dual-chain NFT product: the Azuki x Satoshi Nakamoto Enduro Hoodie. This limited edition hoodie, inspired by Bitcoin’s creator Satoshi Nakamoto, will now exist on both the Ethereum and Bitcoin blockchains.Each hoodie, designed exclusively for holders of Azuki’s “Spirits” NFTs, is...
Enjin, a proof-of-stake dual-layer chain, has introduced Quick Wallet to simplify access to the web3 ecosystem, specifically for claiming Enjin Beam NFTs.This initiative aims to lower barriers to entry by offering users the ability to claim NFTs via email or a securely generated code, without initially needing the...
Integration with Open Campus IDInclusion in OC-X commits Metable to integrate the Open Campus ID infrastructure, a ‘Proof of Education’ Soulbound Token (non-transferable NFT) that represents learners’ online personas.Read more: Soul-Bound NFTs: Everything You Need to Know – NFT PlazasEstablished Open Campus ID holders will seamlessly be able to enter...
Major NFT marketplace OpenSea launches “Get Based,” a series of digital art NFT drops on the Ethereum Layer-2 scaling network, Base. This initiative will feature weekly artworks priced at $5 or less, with some available for free.Starting today at 12:00PM EST, “Get Based” will debut with a reimagined...
NFT Collector Zeneca has round-tripped his crypto stack twice, most recently watching his $20M NFT portfolio plunge by 90%. cointelegraph.com