On March 10, after days of uncertainty spurred on by $1.8 billion in surprise bond losses, Silicon Valley Bank (SVB) collapsed, sending a tidal wave’s worth of ripple effects throughout the financial industry. The event quickly prompted the U.S. Treasury, Federal Reserve, and the FDIC to step in to effectively circumvent catastrophe and assure depositors…
The Alpha: Web3 mixed-media photographer Justin Aversano will debut the latest iteration of his well-known Smoke and Mirrors collection at Gabba Gallery in Los Angeles on March 25.The exhibition will consist of 78 limited-edition silkscreen-on-papyrus prints of portraits attached to NFTs. Viewers can see the prints, which depict “healers, spiritualists, creatives, and family,” until April…
Moments ago, Instagram announced that it would be ending its work on digital collectibles (NFTs). In a Twitter thread, Stephane Kasriel, Commerce and FinTech Lead at Meta, announced that features supporting NFTs would be disabled across the platform. “We’re looking closely at what we prioritize to increase our focus. We’re winding down digital collectibles (NFTs)…
Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s…
Welcome back to Runway, where we report to you from the frontlines of the digital fashion revolution. This week has been full of events. But before we dive in, I want to talk about Starbucks, the Seattle-based coffee giant. Starbucks Odyssey, the coffee company’s Web3 loyalty program, launched its first-ever NFTs this week. Dubbed the…
Valhalla and its team may have bitten off more than they can chew. The NFT project’s ambitious goals include creating a platform that can rival Twitch. But despite the enormity of this task, the project has already shown promise. It had a successful mint that quickly sold out, and the project has had more than…
The goal in Web3 is to stay ahead of the curve. Whether you’re a trader trying to buy low and sell high, a creator working to get in on the ground floor of a new trend, or an art collector looking to secure works before an artist rises to prominence, being early earns you both…
Renga is an NFT project as enigmatic as the “black box” NFTs that started it all off. Since launching in June 2022, the project has done more than 40,000 ETH in volume and has a current floor price of 1.1799 ETH. Despite the lack of a roadmap, little in the way of traditional NFT utility,…
The Alpha: After a seven-month NFT campaign, Automobili Lamborghini is bringing its ‘Epic Road Trip” drop to a conclusion with a 60th-anniversary digital collectible and special airdrops to its most consistent collectors, according to a company press release shared with nft now. The celebratory collectible will be available to those who attend any of Lamborghini’s…
