If you’re familiar with the commonly used phrase “wait until Asia wakes up,” typically associated with global financial markets and specifically the stock market, it also holds true in the realm of NFTs. While often used in a lighthearted manner, this phrase highlights the substantial influence Asian markets can wield over the global financial landscape,…
The Alpha: Coinbase is facing backlash for labeling Pepe the Frog, the mascot of the $PEPE memecoin, as a hate symbol associated with the alt-right.A newsletter sent out via email to Coinbase customers sparked outrage within the $PEPE community, leading to calls for Web3 to boycott the exchange and “#DeleteCoinbase” to start trending on Twitter.Some…
The Alpha: Yuga Labs’ new CEO, Daniel Alegre, bought a BAYC NFT for 50 ETH (approximately $90,000).The purchase was slightly above the floor price at the time, and the move helps demonstrate Alegre’s belief in the project and his understanding of the importance of community. Dive deeper: Daniel Alegre, CEO of Yuga Labs, just made…
Few individuals in Web3 have contributed as much to the space as 0xfoobar has. The machine-learning specialist turned software developer, auditor, and founder is a prolific voice in the NFT scene, highlighting security flaws in project contracts and advising the community on the space’s most popular trends. He’s also one of its more steady-handed pragmatists,…
In a move to bring Mattel’s iconic fashion doll brand into the metaverse, Barbie has joined forces with Boss Beauties to debut their Boss Beauties x Barbie digital collectibles. The collection, which celebrates the 250 careers in the Barbie line, aims to inspire women and girls to believe they can achieve anything. Combining the signature…
Everyone has an NFT or two that they regret holding. This is simply the nature of the NFT ecosystem. Sometimes floor prices plummet, and collectors are left with few options. Or perhaps a creator is found to be a swindler, leaving those who bought their IP in limbo. Or worse yet, maybe an unsolicited NFT…
The cyclical nature of the blockchain has been on full display as of late. While, in the past, market change may have been triggered by generative avatars, major innovations, or even catastrophic events, the recent resurgence of memecoins has inspired a major shift in the day-to-day operations for those in the NFT space. In early…
IRL events in Web3 can be a tricky thing to get right. Whether it’s exorbitant ticket prices or gatherings that feel more like an excuse to throw a party than a way to appreciate and support artists and their work, NFT enthusiasts can have a hard time navigating the off-the-laptop realm. So it’s refreshing when…
With NFT sales volume steadily declining since January 2023, memecoins — such as $PEPE, $DOGE, and $TURBO — have emerged as the center of attention in the crypto space. Unlike conventional cryptocurrencies such as Bitcoin and Ethereum, which are supported by blockchain technology and often connected to real-world resources or platforms, memecoins have garnered significant…
