Category: Web3
Blur Outshines OpenSea as Ethereum NFT Trading Soars
Data from Dappradar shows that the NFT marketplace, Blur, generated over $450 million in Ethereum NFT trades over the last seven days, representing a 360%…
OpenSea Suspends Trading of Rihanna NFTs
As Rihanna’s fans recover from her excellent performance at Super Bowl, NFT enthusiasts are frustrated by the decision of Marketplace OpenSea to suspend secondary sales…
NFT Traders Finally Received Blur Tokens – Find Out Who Got the Most
Blur, an NFT marketplace, held its long-awaited token airdrop yesterday, with some traders receiving tokens worth over $1 million based on current value. The top…
Blockchain Association Director Calls on IRS to Focus on CEXes
In November 2021, President Joe Biden signed a bipartisan infrastructure plan into law. Through it, he established a new tax rule that defined a broker…
Dubai has a New Regulatory Framework for Crypto Firms
On Thursday, Dubai’s Virtual Assets Regulatory Authority (VARA) announced a new rulebook meant to regulate the crypto industry. This move forms part of Dubai’s wider…
Web3 Community Donates Millions in Crypto to Turkey Following Earthquakes
Several crypto firms, including Tether, OkX, Binance, Kucoin, and Bitfinex, have collectively pledged roughly $60 million in donations to help the victims of the devastating…
Logan Paul Faces Rug Pull Lawsuit in Connection to CryptoZoo NFTs
Online influencer Logan Paul and CryptoZoo, an NFT project, have been accused of executing a rug pull in a new lawsuit. CryptoZoo was launched in…
Ferrari Ends Its Partnership Deals With Cryptocurrency Sponsors
Scuderia Ferrari, the luxury car manufacturer’s racing division, contacted several teams for racing Formula One to terminate collaborations with their sponsors in the crypto space….
Dungeons & Dragons Makes a U-Turn on NFT Ban Following Backlash
On Monday, Wizards of the Coast, the publisher of Dungeons & Dragons, gave in to fans’ and content creators’ demands, revealing that it would not…
Web3: Fidelity Investments Advances Into The Metaverse
Fidelity Investments, a U.S.-based financial services corporation, has announced plans to enter the NFT/Metaverse space, focusing primarily on mutual funds, investment management, and a few…
A New Crypto-Operating Device Will Be Launched By Ledge
Tony Fadell, the creator of the iPod, has partnered with Ledger, the industry’s top company in electronic possessions’ protection, to bring confidence and clarity to…
Tuvalu Steps Into the World Of Metaverse
South Pacific-based island country named Tuvalu is determined to utilize Web3 technology and preserve the society and culture of the area in the future. Simon…
Binance’s Newly Launched Data Feed Network Will Bridge Blockchains And Web3
Binance, a crypto exchange, has declared to introduce Binance Oracle (an exclusive network of data feed). This would permit the smart contracts of the blockchain…
Japan Credit Department To Lead Inward CBDC Tests For Settlements
Japan’s Credit Bureau, JCB. is developing framework tests for a Central Bank Digital cash (CBDC), per multiple local media outlets. The organization said it would…
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