NFT News

Non-fungible tokens (NFTs) have proven to be a disruptive force in the world of art, but in the latest special episode of the US animated series South Park, investing in such assets brings actual death and destruction.

Blockchain company Alóki has bought 750 acres of land in Costa Rica and is building a new play-to-own metaverse which is nearing its launch.

Users of Uniswap (UNI), the largest decentralized exchange (DEX) operating on the Ethereum (ETH) blockchain, have fallen victim to a sophisticated phishing attack, reportedly losing over USD 8.1m worth of assets. Meanwhile, Binance CEO Changpeng Zhao (CZ) falsely alarmed about the incident, claiming that the protocol itself was exploited.

Floor prices of some of the most popular collections of non-fungible tokens (NFTs) rose over the past 24 hours, as the US Federal Reserve (Fed) on Wednesday announced yet another rate hike in line with what the market was expecting.

The Royal Museum of Fine Arts Antwerp (KMSKA) in Belgium is working with two blockchain companies to tokenize Carnaval de Binche, a million-euro painting by Belgian artist James Ensor, to allow everyone to become a “co-owner” of the masterpiece.

Twitter founder Jack Dorsey’s first-ever tweet, which sold for USD 2.9m worth of ethereum (ETH) back in March 2021, was put up for auction again and was apparently expected to fetch at least USD 50m, but has so far received the highest bid of just over USD 6,200.

After a six-week cooldown period started in mid-February, the non-fungible token (NFT) market saw a boost in activity throughout April. Popular NFT collection Moonbirds and a rise in demand for Solana (SOL)-based NFTs were the primary drivers.

In the aftermath of the March hack of the Ronin blockchain, Vietnamese game developer Sky Mavis, the entity behind the blockchain-based game Axie Infinity (AXS), is rejecting accusations of wrongdoing as some USD 3m worth of its native AXS token had reportedly been moved from Ronin to a Binance account in the hours preceding the attack’s discovery.

Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches.

The developer, who goes by the pseudonym ‘Evil Ape’, disappeared along with ETH 798.