Technology

Cryptoys Raises $23 Million to Mix NFTs, Gaming, and Virtual Toys

Coins Legend June 28, 2022 0

Cryptoys, an NFT-based startup, announced it has raised $23 million in a Series A funding round led by a16z. The company, which seeks to mix NFTs with the world of gaming and virtual toys, will create what it calls a “cryptoyverse,” in which it will also implement play-to-earn features and

News

The New Eminem and Snoop Dogg Music Video Showcases Bored Ape Avatars

Coins Legend June 27, 2022 0

The prominent rap stars Eminem and Snoop Dogg released a new music video that showcases the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection. The duo’s latest single called “From the D 2 The LBC” debuted at this year’s Apefest, an annual gathering for BAYC and Mutant Ape Yacht Club (MAYC) owners. From the […]

News

Yuga Labs Sues Artist Ryder Ripps for ‘Scamming Consumers’ and Misusing Bored Ape Trademarks

Coins Legend June 26, 2022 0

The creators of the popular non-fungible token (NFT) project Bored Ape Yacht Club (BAYC), Yuga Labs, have sued the artist dubbed Ryder Ripps and collaborators for attempting to devalue the BAYC brand. Yuga Lab’s lawsuit claims Ripps and associates trolled the company and started “scamming consumers into purchasing RR/BAYC NFTs by misusing Yuga Labs’ trademarks. […]

News

Portuguese Football Legend Cristiano Ronaldo in NFT Partnership With Binance

Coins Legend June 24, 2022 0

Cristiano Ronaldo, one of the world’s top-earning athletes, has entered into a partnership with Binance which gives his supporters a chance to join the footballer’s Web3 community. According to Ronaldo, his partnership with Binance is “going to change the non-fungible token (NFT) game and take football to the next level.” Iconic Piece of Sports History […]

News

E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin

Coins Legend June 23, 2022 0

The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led reimagination.” Ebay Purchases NFT Marketplace in Order to Make E-Commerce Site the World’s Top Destination for Collectibles Ebay revealed on Wednesday that the

Regulation

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

Coins Legend June 22, 2022 0

Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions on NFT Trading Wechat, the instant messaging, social media, and mobile payment app

News

Ukraine Raises Over $100,000 From Cryptopunk NFT Sale

Coins Legend June 22, 2022 0

The government of Ukraine has sold a Cryptopunk NFT donated in support of the war-torn country a few months ago. The token has been purchased by an unidentified buyer who spent more than $100,000 in ethereum for the collectible, the country’s digital transformation ministry said. Ukraine Government Sells Donated Cryptopunk Token for 90 ETH Ukrainian […]

News

BOSO TOKYO Looks to Bring Japanese Culture to the World via Innovative Use of Metaverse Capabilities

Coins Legend June 21, 2022 0

Everyone would agree that the DeFi industry is absolutely booming right now, and for good reason. After all, there is an abundance of technological innovation right now through aspects such as cryptocurrencies, NFTs, P2E games, blockchain, and most recently the metaverse. With that being said, it can often prove difficult to ascertain which projects in […]

Market updates

Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior

Coins Legend June 20, 2022 0

While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have rebounded this week in terms of ethereum value, […]

News

$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

Coins Legend June 19, 2022 0

It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate […]