News

Bybit, a leading crypto exchange, took home the Best NFT Marketplace award at the Middle East Blockchain Awards held in Abu Dhabi on 18th November. The award show was organized by Arabian businesses and highlights the leaders in the blockchain industry, service providers, entrepreneurs, and...

In the last year, Yuga Labs has experienced great success. They have launched their NFT project, which the community has widely accepted. However, the company faces another investigation by Scott+Scott, a consumer's rights company. The Securities and Exchange Commission (SEC) launched an investigation into the...

Instagram is taking a step toward making its platform more than a place to post photos and videos. The social media giant has begun rolling out features. These features allow creators to mint, sell, and showcase NFTs on Instagram. Instagram launched the new feature in...

Veefriends, a web 3 multimedia agent, has launched its new Global Events Division. This is expected to expand the community operations and foster the connection of the brands with the fans within the NFT space. The goal is to create special events that add value...

The number of people who monetize digital arts is increasing. In fact, it's projected to be a $13 billion industry by 2027. More and more artists are embracing the opportunity to engage with their fans and earn revenue from their work. We're seeing a new...

Mattel, the toy company that manufactures Masters of the Universe toys, is launching a new digital toy line in partnership with NFT platform Cryptoys. Mattel is the toymaker behind the 'Masters of the Universe' series. The deal with Cryptoys to release some of the beloved...

Clearpay, Principal Partner of London Fashion Week (LFW), has teamed up with the iconic fashion designer Richard Quinn and the British Fashion Council, to offer a limited edition rose NFT. The Buy now pay later firm, Clearpay, particularly popular among businesses selling fashion, beauty, and...

Uniswap, the leading decentralized exchange (DEX), has secured $165 million in Series B funding to fund the development of a non-fungible token (NFT) aggregator. The funding had participation from existing investors such as a15z, SV Angel, Paradigm, and variant among those that participated in the...

Popular metaverse platform, The Sandbox, has recently introduced an entirely new staking pool that will benefit LAND holders. LAND holders are users which have a stake in Sandbox’s metaverses. This new achievement is expected to ramp up the ever-increasing utility of the platform and its...

Fragment, who holds a pair of Mutant Ape Yacht Club NFTs, has reportedly laid them up as collateral in a historical borrowing which amounts to 1,000 ETH—around $1.3 million. The collateral earlier mentioned is the star-studded JPEGs. “It’s awesome to see these loans getting funded...