Main Takeaways: An NFT rug pull occurs when the team of an NFT project abandons it and disappears with investors’ money. You can minimize your chances of falling prey to rug pulls by learning how to spot red flags. Some of the common rug pull signs include an unrealistic roadmap, completely anonymous project members, and low liquidity. Understanding how to…
Month: June 2022
China’s WeChat Puts a Stop to All NFT and Crypto Activity
A recent policy update of China’s leading social media network WeChat has instated that accounts which provide access to crypto or NFT-related services are no longer allowed on the platform. More specifically, the new guidelines have ruled that any of the platform’s 1.1 billion active daily accounts that are involved with trading, issuance, and/or financing of crypto or NFTs, will now fall…
France to Adopt NFT Ticketing for Major Sporting Events
Following a widely reported ticketing fiasco at this year’s Champions League final, the entirety of France has emerged as an ambassador of NFT technology, pledging to use the notoriously tamperproof tech in a number of forthcoming major sporting competitions. Back in May, a mass counterfeiting operation resulted in chaos in Paris, culminating with the local constabulary attempting to placate an…
RRBAYC NFT x Ryder Ripps Hit With Yuga Labs’ Lawsuit
The Ryder Ripps and Bored Ape Yacht Club NFT feud continues as Yuga Labs files a hefty lawsuit against him. The recent documentary accusing BAYC of having an underlying racist agenda split the whole NFT industry. However now, the BAYC community are fighting back. Here’s what you need to know about the RRBAYC Vs Yuga Labs’ BAYC NFT lawsuit. Yuga…
Italian Crypto Artist Duo Hackatao On Queens+Kings Pride Month Celebration
Renowned Italian artist duo Hackatao’s artworks, be it in the traditional or crypto art space, have often highlighted some of the most pressing social issues. Unsurprisingly, their first PFP NFT collection—Queens+Kings, stood out for its gender-fluid avatars and the creative freedom it offered collectors. Today, in honour of Pride month, Hackatao has launched several initiatives to support multiple LGBTQIA+ charities. …
Magic Eden Attains Unicorn Status Following $1.6 Billion Valuation
High flying Solana-based NFT marketplace, Magic Eden, has raised an incredible $130 million through Series B funding. As a result, reaching an exceptional $1.6 billion valuation, and cementing its unicorn status in the process. The fantastic effort came at the hands of lead investors, Electric Capital and Greylock Partners, with additional support provided by Lightspeed Ventures, Paradigm, and Sequoia Capital…
Hawku Unveils Plans to Expand its NFT Analytics Platform
Game asset analysis tool and NFT marketplace, Hawku, has announced it will diversify into a wider range of play-to-earn titles. Traditionally focusing its efforts on horse racing romp Zed Run, the platform will now move to encompass additional titles within the blockchain gaming sphere. Over the course of the last year, Hawku has made a name for itself by providing…
Flippening: Solana just flipped ETH in number of daily active NFT buyers
trendline from the start of the year for: ETH, SOL, AVAX [https://twitter.com/Radic4Filip/status/1539395523219693570?s=20&t=PMB5DZTkjc3hlseqR6aqoQ](https://twitter.com/Radic4Filip/status/1539395523219693570?s=20&t=PMB5DZTkjc3hlseqR6aqoQ) source:CryptoSlam.io View Reddit by Haos686 – View Source
SCAMMER ALERT. LYING AND ACTING AS THOUGH HE WAS GOING TO SELL HIS MARKETING INSTAGRAM FOR CRYPO. ALL LIES ! DELETED AND BLOCKED ME AFTER, DELETING HIS SIDE OF THE CONVERSATION. A LIAR, A THIEF, A SCAMMER!! TIKTOK ‘INFLUENCER’ MORE LIKE A LIAR!1
SCAMMER ALERT. LYING AND ACTING AS THOUGH HE WAS GOING TO SELL HIS MARKETING INSTAGRAM FOR CRYPO. ALL LIES ! DELETED AND BLOCKED ME AFTER, DELETING HIS SIDE OF THE CONVERSATION. A LIAR, A THIEF, A SCAMMER!! TIKTOK ‘INFLUENCER’ MORE LIKE A LIAR!1 View Reddit by Any-Contribution-473 – View Source
Day 264 of Full Time NFTs – LFG!!!
Day 264 of Full Time NFTs – LFG!!! View Reddit by ZalgoNFT – View Source