Tag: non-fungible tokens
Zora Launches Layer-2 Network to Reduce NFT Transaction Costs
Zora, a leading NFT minting platform, has launched its own layer-2 network to reduce transaction costs and enhance the overall user experience. The new network, called Zora Network, is built on the Optimism layer-2 scaling network and is supported by over 35 platforms, including Sound, Rainbow, and Thirdweb.
NFT Sales Surge 9%, Buyer Demographics Expand
The surge in NFT sales is a positive sign for the future of the NFT market. As the metaverse continues to grow in popularity, NFTs are becoming increasingly valuable as digital assets. Additionally, the increasing adoption of NFTs by major brands is helping to legitimize the market and attract new investors.
Astaria Pauses Operations to Protect Users
Astaria is committed to returning all assets to their rightful owners, and is currently devising a distribution method. The platform is also working to improve its security measures to prevent future vulnerabilities.
Web3 Gaming is About to Enter a New Era
Animoca Brands CEO Robby Yung Predicts a Wave of Triple-A Console-Style Games in 2024
HSBC Invests in NFTs and Metaverse
The company filed two trademark applications with the United States Patent and Trademark Office (USPTO) in June 2023. The applications cover the metaverse and non-fungible tokens (NFTs), and they signal HSBC’s strategic move into these burgeoning digital domains.
NFTs: A New Target for School Kids’ Cybercrime
Non-fungible tokens (NFTs) have become a hot target for cybercriminals, especially school children. These young criminals are using phishing attacks and other techniques to steal millions of dollars in NFTs and tokens.
Brazil’s Globo Network Expands into the Crypto Market
Brazil’s largest media conglomerate, Globo Network, has announced plans to expand into the crypto market. The company will focus on non-fungible tokens (NFTs), tokenization, and blockchain technology.
NFT Market Sees a Surge in Activity
The NFT market has seen a surge in activity in recent days, with a new collection called Boring Punks leading the way.
OKX Launches Free Digital Collectible to Celebrate Manchester City’s Historic Win
OKX, a leading cryptocurrency exchange, is hosting a digital collectible event to celebrate Manchester City’s historic win in the UEFA Champions League final on June 10.