NFT Platform RECUR to Shut Down After Raising $50M Two Years Ago
RECUR, a non-fungible token (NFT) company that raised $50 million in an investment round nearly two years ago, has become the latest victim of the current bear market. Over the…
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Bitcoin Ordinals is Far From Dead Despite ‘Shift in Winds:’ Here’s Why
Bitcoin Ordinals stirred up a frenzy in the community soon after its launch in January 2023. More than eight months later, ordinal inscriptions have maintained their prominence in the Bitcoin…
Bored Ape Investors Sue Yuga Labs, Sotheby’s, 28 Others as NFT Prices Plunge: Report
A group of four investors who invested in the popular NFT collection Bored Ape Yacht Club (BAYC) has filed a class action suit against the project’s creator, Yuga Labs, and…
Bitcoin Ordinals’ Sales Volume Plummets Over 97% Since May Peak: DappRadar
The fervor that surrounded Bitcoin Ordinals seems to have waned, with sales volume dropping more than 97% from its all-time high in May 2023. However, some community members believe Bitcoin…
Why is Logan Paul Facing Massive Criticism on His $1M Bet for Danis Match?
Logan Paul is gearing up for his next event, a boxing match against Brazilian Dillon Danis scheduled for October 14 in Manchester, England. Danis, widely recognized as an MMA fighter…
Coinbase CEO Admits There Are Problems With Broken UX
On Aug. 14 he commented on the effect of ‘Onchain Summer’ was having on the company’s user interface and experience. “One thing Onchain Summer is exposing is just how broken…
Donald Trump Holds Between $250K and $500K Worth of ETH
Donald Trump’s latest public financial disclosure shows that he holds between $250,000 and $500,000 worth of Ethereum (ETH). Trump’s 2023 OGE financial disclosure documents, released recently, featured an item described…
Former Alibaba Exec Foresees NFT Ticketing Benefiting More than Scalpers
NFT sales have had a rocky start in 2023 but the underlying technology still holds plenty of utility. Ticketing is an interesting yet underdeveloped facet of the NFT space. It…
GameStop Terminates its Crypto Wallet Program Citing ‘Regulatory Uncertainty’
The American gaming merchandise retailer – GameStop – announced it will remove its cryptocurrency wallets from the market as of November 1, 2023. The entity launched those features in the…
Ducati Partners With Ripple-Founded XRP Ledger for its First NFT Collection
Italian motorcycle manufacturer Ducati partnered with XRP Ledger to enter the Web3 space. The main goal is to launch its first-ever digital collectible, which is a video sequence of all…
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