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NFT & DEFI
Buy the rumor, sell the news? Chainlink (LINK) price drops after staking launch
Chainlink has a busy start to December when it comes to development launches. The Chainlink (LINK) staking program opened up for early access on Dec. 6 and will expand entry on Dec. 8. According to Chainlink, staking will further secure…
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CryptoCom and Coca Cola Launch NFT Collection Inspired by the FIFA World Cup Qatar 2022
Coca-Cola and Crypto.com have teamed up to launch an NFT collection inspired by the Qatar 2022 FIFA World Cup. The collection, created in collaboration with digital artist GMUNK, is based on “heat maps” that visually…
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Malta prepares to revise regulatory treatment of NFTs
The Malta Financial Services Authority (MFSA) is currently reviewing requests to revise the “regulatory treatment” of nonfungible tokens within its Virtual Financial Assets framework. Under the current regulatory framework, NFTs are…
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Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report
Crypto lender Genesis and its parent company Digital Currency Group (DCG) allegedly owe $900 million to Gemini’s clients, according to a Financial Times report disclosed on Dec. 3, citing people familiar with the matter. The issue…
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NFT Steez and Victor Solomon chat about building in Web3 and the metaverse
On Dec. 2, NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey into bridging his in-real-life artwork into NFTs and how he cultivates the community and culture that surrounds it. Solomon’s…
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Over $5M Stolen From Ankr Protocol, Binance Pauses Withdrawals
Another multi-million dollar hack has hit the decentralized finance space. The latest victim is BNB Chain-based DeFi protocol – Ankr. Initial reports suggest that a vulnerability in its code that enabled unlimited…
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Uniswap Launches NFT Trading, $5 Million Airdrop Available for Claim
The decentralized exchange Uniswap enabled NFT trading on its platform by listing digital collectibles a part of leading marketplaces, such as OpenSea, LooksRare, Sudoswap, and more.
The initiative comes a few months…
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Two Bored Apes sell for $1M each: Nifty Newsletter, Nov. 23–29
In this week’s newsletter, read about how two Bored Ape nonfungible tokens (NFTs) sold for almost $1 million during the bear market and how the word “metaverse” made it into the top three finalists for Oxford Word of the Year. Check out…
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Serum exchange rendered ‘defunct’ following the collapse of Alameda and FTX
Solana-based decentralized exchange (DEX) Project Serum has notified its community that the collapse of its backers — Alameda and FTX — has rendered it “defunct”. The team behind the project shared that “there is hope” in spite of its…
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Bizarre $600K Elon Musk crypto statue marketing stunt falls flat
Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form — which was created as part of a bizarre crypto marketing stunt.Delivered to Tesla’s Austin headquarters on Nov. 26, the 30-foot,…
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