Burnt Finance is a crypto startup which, as a stunt, burnt a Banksy artwork and but then the NFT they’d minted for it for $400,000, double what it cost on the ‘normal’ open art market. Based on the idea that auctions for NFTs could be improved, it went on to raise $3 million for a […]
A peek into Web3 power player Animoca Brands
If you haven’t heard of Animoca Brands over the last year or so, you haven’t been paying close attention. With a long and growing list of digital entertainment, blockchain, and gaming properties, the eight-year-old, 600-person Hong Kong-based outfit has quietly become one of the most active participants in a world that more and more stakeholders […]
How will the crypto selloff impact the NFT market?
What happens to both NFT activity and NFT prices when their backing asset, if we can call ether that, rapidly loses value?
Justin Kan’s NFT platform suffers rocky debut as scammer makes off with $150K in user funds
Despite billions in VC investment, many web3 crypto platforms are still pretty hostile places for users new to the crypto world. Case in point, today Justin Kan’s NFT platform Fractal suffered a security breach when a scammer hacked the announcement bot for the startup’s Discord which sent out a fraudulent link to the platform’s more […]
WildWorks, maker of Animal Jam and Feral, angers fans with embrace of crypto gaming
Less than a year ago, WildWorks, the makers of the kid’s virtual world game Animal Jam, launched its next big effort with a game aimed at Gen Z teens, called Feral. But in recent days, the company has angered many of its core users with news that it’s reusing Feral’s technology platform and many of […]
VCs eye investment in Polygon
A number of investors including Sequoia Capital India and Steadview Capital are in talks to back Polygon, which operates a framework for building and connecting Ethereum-compatible blockchain networks, by way of tokens purchase, three sources familiar with the matter told me. The investors are looking to purchase tokens worth $50 million to $150 million, sources said, requesting […]
TabTrader raises $5.8M for a mobile app that aggregates crypto exchange data
As many of the top cryptocurrencies seem to temporarily stabilize near all-time highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregates prices and token availability across dozens of exchanges. While […]
Someone Right-Clicked Every NFT In The Heist Of The Century
Hours ago, a website appeared online with the express purpose of hosting a nearly 20TB torrent (that’s terabytes, folks, the big boys of digital data measurement) containing every NFT available through the Ethereum and Solana blockchains.Read more…
Big NFT Project Cancelled After Just Five Hours
Yesterday a group of respected young adult novelists thought it would be a good idea to launch a new project spearheaded by NFT purchases. Sadly/hilariously, their big plans went from “let’s do this” to “we’re not doing this” in a matter of hours.Read …