Category Blog

Binance Smart Chain’s ‘biggest’ NFT artist is suing Elon Musk’s X Corp after the social media giant suspended his accounts, allegedly ignoring its own policy and costing him his livelihood.

In an unexpected breakthrough for the blockchain sector, a renowned data provider has announced its intention to partner with NEAR Protocol to strengthen their NFT market. This partnership will include the integration of a new data layer that is expected to transform how people interact with Web3 and improve user experience across NEAR.

Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales.

This week, “What the Punk!” was released, the new 80-minute documentary that tells the story of the famous CryptoPunk and the pioneers of crypto and NFT Art.

According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had not “even figured out the best ways to use NFTs in loyalty programs.”

Bitcoin Ordinals have emerged as a novel way to enhance the functionality and use of Bitcoin, the original cryptocurrency. By leveraging Bitcoin’s blockchain in a new and innovative manner, Ordinals bring unique value propositions and helps to revitalize Bitcoin’s developer community.

From cute pictures of chubby penguins, the Pudgy Penguin brand has grown into a full-fledged ecosystem with soft toys and its own game.

The Vatican also arrives in Web3 with a new experimental project “Vatican Library Web3 Support Project”, which rewards Italian users with NFTs for sharing or donations. The NFT reward is a “key” to open and consult the special collection of 21 manuscripts owned by the heritage of the Vatican Apostolic Library.

Ethereum-oriented NFT collectibles like Pudgy Penguins and Bored Ape Yacht Club, have been on a downward swing since Blur farmers have aired their opinions.