The BitcoinShrooms compilation featured pixelated artworks, with a particularly captivating avocado that outperformed initial expectations, commanding an impressive $101,600. In a groundbreaking move, renowned auction house Sotheby’s has ventured into the world of Bitcoin Ordinals inscriptions, a form of Non-Fungible Tokens (NFTs), with unprecedented success. The auction featured a set of three pixelated images from…
The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to actually send Bitcoin transactions. Bitcoin is considered to be the most secure blockchain in the world, but that security depends on miners who receive their…
When TinyTap introduced the concept of Publisher NFTs, it aimed to use it to support content creators in the line of education and publishing. Animoca Brands announced that Season 2 of its Publisher NFTs surpassed all expectations, having already sold out. It shared this in a recent announcement, revealing that the sale of all 720…
Non-fungible tokens and blockchain appeared on The Simpsons. During the recent Halloween special episode of The Simpsons, one of the longest-running TV series in the United States, the beloved animated family, took a playful swing at the world of non-fungible tokens (NFTs) and the crypto industry, making viewers chuckle and sparking conversations about the show’s…
The NFT space is buzzing with activity currently. Yuga Labs recently won a lawsuit with NFT artists Ryder Ripps and Jeremy Cahen paying $1.6 million in compensation for infringement. While everyone’s attention remains currently glued to Bitcoin and the broader crypto market, a lot has been happening parallel in the non-fungible tokens (NFT) market as…
Elon Musk criticized NFTs and offered a solution which seemed to praise Bitcoin Ordinals as they solve the problem the Tesla CEO highlighted. X (formerly Twitter) Chairman Elon Musk recently spoke on a podcast deriding non-fungible tokens (NFTs). However, while speaking, Elon Musk seemed to unintentionally make a case for Bitcoin NFTs, known as Bitcoin Ordinals….
The moves appear to be in line with a recent announcement by the US SEC. Some popular non-fungible token (NFT) marketplaces have banned the Stoner Cats NFTs from being traded on their platforms. Notable examples of such marketplaces include OpenSea, Blur, and Rarible. The moves, however, appear to be in line with a recent announcement…
Although these attacks are on the rise, many believe that some of them may simply be the account owner’s fault. Vitalik Buterin, Ethereum’s co-founder, is the latest high-profile individual to have bad actors gain control of his X (formerly Twitter) account. The yet-to-be-identified hackers used the account to publish a post claiming to celebrate the…
The Web3 platform ZTX achieved a record-breaking sale of 4,000 Genesis Homes NFTs, showcasing enthusiasm for the metaverse despite a bearish NFT market. The Web3 platform focused on the metaverse ZTX backed by Jump Crypto, achieved a record-breaking sale of its inaugural collection of 4,000 Genesis Homes NFTs, despite the current bearish NFT market. According…
In a move that underscores the momentum of Bitcoin Ordinals protocol ecosystem, the OnChainMonkey (OCM) project has committed to migrating its entire digital art collection from Ethereum to Bitcoin. In total, moving the collection, which includes burning the old NFTs on Ethereum so they can no longer be traded, cost the project over $1 million…
Casio will launch a virtual G-SHOCK campaign designed by members of the company’s community, with the roadmap beginning this month. Japanese multinational electronics company Casio is bringing its signature G-SHOCK watch brand to the metaverse. These virtual G-SHOCKS will launch on Polygon, the Layer-2 network for scaling Ethereum. Casio intends to launch the virtual G-SHOCK NFTs via…