The Gaming Industry has reached $200 billion and is one of the most important sectors in tech today. The term “entertainment industry” is no longer only applicable to the movie industry, it does now include Gaming as it is now providing one of the most immersive and awe-inspiring forms of entertainment to more than three […]
Key Highlights After a year-long legal battle, French luxury design house Hermès has won its case against NFT artist Mason Rothschild. The jury sided with Hermès after eight days of court proceedings. This is a landmark case in the world of NFTs, and it is sure to have far-reaching implications for both the art world […]
National Geographic has entered the NFT field and it was not successful. The company was certainly unprepared for the level of criticism it received after announcing their inaugural NFT collection. Proud to announce that National Geographic has embraced NFTs, the company quickly faced backlash from its community and several technical problems. The promising collection featured […]
On Friday afternoon, the Twitter account of top NFT project, Azuki, was compromised resulting in the loss of over $750,000 worth of crypto assets. Hackers took over the project’s account and posted a wallet drainer link disguised as an invitation for users to participate in a virtual land mint in The Garden, Azuki’s native Metaverse […]
Key highlights Rumor has it. According to a recent report by Blockworks, Amazon is planning to enter Web3 through gaming. Amazon’s focus on the Web3 field seems to be growing. What Could We Expect From Amazon In Web3 The focus of Amazon’s initiative is expected to be on blockchain-based gaming that rewards players with NFTs. […]
Yesterday, McDonald’s tweeted “what did i miss”. Lots of replies came from the crypto community, including Binance and other Web3-savvy accounts. McDonald’s then showed its love for the crypto community by replying with “Wagmi”, an acronym for “We Are All Gonna Make It”. This is typically used in the online trading sphere to show comradery […]
Key highlights Through the fourth quarter of 2022, Tesla, the EV leader maintained its Sept. 30 stake in bitcoins. Great news for cryptocurrency and bitcoin fans and holders. Faithful to Bitcoin For Years Last Electric-vehicle leader balance sheet showed that Tesla and Elon Musk have been keeping the Bitcoin they’d had left at Sept. 30 through […]
Key highlights According to court filings released Thursday, FTX’s corporate creditors include some big names in the tech and media industries, like Comcast, Netflix, Fox Corp., Apple, CAA, Warner Bros. Discovery and Endeavor. A list of Media Companies, Airlines, Universities, Crypto Exchanges, and Government Agencies. The list of creditors failed crypto exchange FTX owes money […]
Key highlights Bitcoin has managed to recover all of its losses from November 2022, when the #1 coin slipped to trade at $15,000. Since then, Bitcoin has attempted to rise further and clear 7 months of hurdle, in effect pushing the price above $25,000. $23k : A Strong Resistance Point After a strong rally that has […]
Key highlights After a strong community backlash over very high minting prices and lack of communication, Porsche decided to backpedal its NFT plans. Porsche’s NFT Ambitions Have Stalled Right Out Of The Gate NFT collectors were thrilled when big-time auto brand Porsche announced their entry into the Web3 space. However, things took a turn for […]
Key highlights The number of female crypto owners rose from 29% in Q3 to 34% in Q4, while male owners inched up from 42% to 43%, according to Etoro’s Q4 Retail Investor Beat. “Crypto is now the second most widely owned asset class for women after cash, suggesting it is succeeding where traditional financial markets […]
