Leading NFT Brands Regain $1 Billion Valuation
CryptoPunks and Bored Apes increase their market cap thanks to increasing floor prices
CryptoPunks and Bored Apes increase their market cap thanks to increasing floor prices
Marketing models are changing. And the rise of Web3, compounded by the increasing popularity of non-fungible tokens (NFTs), has pushed the entire creative economy into a bottleneck of shifting norms, and it’s about time. The music industry generates roughly $43 billion in revenue; however, only 12 percent of that goes to artists. We needed new…
There was a time in 2022 when it looked like the Securities and Exchange Commission (SEC) might pull back from its shoot-first-ask-questions-later approach to crypto regulation. After months of aggressively pursuing and investigating crypto exchanges for allegedly breaching existing securities law in the U.S. at the behest of crypto-critic and SEC Chair Gary Gensler, at…
What’s the best kind of blockchain game? The answer is obviously subjective, as it depends on your taste. Do you prefer testing your skill on runner-style games, or would you rather explore a virtual open world? It can be hard to decide which is truly best. That said, one game format has stood out as perhaps the most…
On January 4, 2023, The Captainz NFT collection began its 48-hour mint period. Priced at 1.069 ETH per mint, the collection of 9,999 pirate-themed NFTs has seen 6,790 ETH (more than $9 million) in trading volume in the first five days of its existence. With a floor price currently sitting at a healthy 5.34 ETH,…
The State of Kuwait has taken a firm, definitive stance in the global debate surrounding the legitimacy and regulation of digital assets such as cryptocurrency. The nation’s primary financial regulator, the Capital Markets Authority (CMA), has announced a comprehensive ban on most crypto operations within its borders. The announcement, made on July 18, indicates that…
The fallout from the U.S. Securities and Exchange Commission’s (SEC) civil lawsuit filing against Binance, the most popular crypto exchange by volume, continues this week, with Binance.US, the American arm of the global exchange, announcing a temporary halt to all fiat withdrawals late Thursday, June 8. The exchange attributed the move, which is expected to…