NFT
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OpenSea and Blur: The Unstoppable Growth of NFT Marketplaces
According to reports, according to The Block Research data, OpenSea, the world’s largest NFT market, has had a trading volume of 12.8 million ETH since its launch in 2017, with a value of over $20 billion. Blur, another NFT market, has handled more than $3 billion in transactions since its launch last October. OpenSea’s trading volume has exceeded $20 billion since its launch, and Blur’s trading volume has exceeded $3 billion Analysis based on this information:Non-fungible tokens (NFTs) have taken the world by storm in recent years. NFTs are digital assets that exist on a blockchain and are unique, giving them intrinsic value. They have gained popularity not just in the art world, but also in music, sports, and various other industries. NFTs have given creators a new way to monetize their work and connect with fans, collectors, and investors. This has led to the rise of many NFT marketplaces, including OpenSea and Blur. According to The Block Research data,…
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OpenSea Implements NFT Preferential Protection Measure to Fight Fraudulence
On March 14, the NFT market OpenSea announced on social media that its platform had added an NFT preferential protection measure to minimize suspicious activities on its platform. For some transactions that are valid at the time of quotation but are later marked as stolen NFT, OpenSea will check the status of NFT items before accepting the quotation. OpenSea said that this mechanism has been included in the Seaport 1.4 version update. If the NFT status changes (such as being marked as stolen NFT), the transaction will be rejected. OpenSea will check the NFT project status before accepting the quotation Analysis based on this information:The NFT market has been mushrooming lately, with artists and creators venturing into the world of blockchain to sell their unique works as non-fungible tokens. However, the ongoing craze around NFTs has also attracted the attention of hackers and fraudsters who seek to exploit the unregulated and anonymous nature of cryptocurrency transactions. To combat this issue,…
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Meta Gives Up Pursuit of NFT: Focusing on Creator Economy Instead
According to reports, Stephane Kasriel, head of business and financial technology at Meta, said that Meta was giving up its pursuit of NFT. Kasriel wrote in his Twitter post, “We are gradually reducing the number of digital collections (NFT) to focus on other ways to support creators, people and enterprises.” Meta previously said that NFT can help expand the creator economy. Meta is abandoning its pursuit of NFT Analysis based on this information:Meta, the parent company of social media giant Facebook, announced that it is giving up its pursuit of NFT or non-fungible tokens. This news came from Stephane Kasriel, Meta’s head of business and financial technology, through a Twitter post. Kasriel stated that Meta is gradually reducing the number of digital collections that they have been pursuing for NFT. Instead, they are focusing on other ways to support creators, people, and enterprises. NFT is a type of cryptocurrency that represents ownership in digital art, music, and other creations. It…
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Blur’s NFT Platform Goes Mobile
According to reports, according to Blur’s function announcement on social media, the NFT platform now supports browsing and purchasing NFT on mobile phones, and will soon launch more other mobile functions. Blur online mobile NFT purchase function Analysis based on this information:Blur, the NFT platform, has made an exciting announcement on social media- their platform can now be accessed and used on mobile phones. This development opens up new possibilities for users to explore and purchase NFTs while on-the-go. Blur has created a platform that enables the creation and selling of digital art, collectibles, and other digital assets using blockchain technology. With this latest development, users can now browse, purchase, and even sell their NFTs right from their mobile devices. This will undoubtedly make NFTs more accessible to people who prefer working or conducting monetary transactions on their mobile phones rather than desktop devices. The platform’s mobile support will help people with a busy schedule or those who prefer the…
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Mysterious Engraving of NFT Series Raises Questions
On March 14, it was reported that the NFT series of Bitcoin, TwelveFold # 205, owned by YugaLabs, was repeatedly “engraved”. The insertion446221 and insertion444385 are both Twelvefold 205/300. The two are currently stored in the same Bitcoin address (bc1pshdmgmkt6pgw56mz94h5y2at4ryuug0ehpz8vg3lnf90xxkr356sjcazc7). The insertion444385 timestamp is 2023-03-1312:42:57, and the insertion446221 timestamp is 2023-03-1316:45:52. According to the official documents of the Ordinals agreement, the creator or owner of the Inscription cannot modify the Inscription after it is created. At present, Yuga Labs has not responded to this matter. TwelveFold # 205 under Yuga has been repeated" Inscription" Analysis based on this information:On March 14, reports surfaced that the NFT series of Bitcoin, TwelveFold # 205, owned by YugaLabs, had been repeatedly “engraved”. The insertions 446221 and 444385 are both Twelvefold 205/300 and currently stored in the same Bitcoin address. The insertion 444385 has a timestamp of 2023-03-1312:42:57, while the insertion 446221 has a timestamp of 2023-03-1316:45:52. What does this mean, and what are…
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Stolen NFT: What it Means for the Blockchain Community
According to reports, PeckShield monitoring showed that # 9925 of NFT series “Checks-VV Edition” was stolen on OpenSea by the address beginning with 0xc729. Checks-VV Edition “# 9925 was stolen on OpenSea Analysis based on this information:The theft of NFT #9925 of the “Checks-VV Edition” series has once again brought to light the issue of blockchain security. According to reports, the NFT was stolen on OpenSea by an address beginning with 0xc729. This is not the first time that an NFT has been stolen, but it is a reminder that the blockchain is not immune to theft and vulnerability. NFTs or Non-Fungible Tokens are digital assets that are stored on a blockchain. They are unique and cannot be replicated, making them popular among collectors and investors. The theft of an NFT not only affects the owner but also raises questions about the security of the blockchain system as a whole. The theft of NFT #9925 highlights a weakness in the…
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Moxy raises over US $10 million to expand its Web3 game platform
It is reported that the Web3 game platform Moxy has announced that it has completed more than US $10 million of financing, with the participation of investors such as Shima Capital, Polygon, MetaTope and GSR. Moxy’s Web3 game platform based on the FLOW blockchain-driven helps players including E-sports players and other players participate in the game and gain incentives in a decentralized, safe and stable way. At the same time, it also allows game developers to seamlessly create NFT based on game assets to promote the popularity of E-sports. In addition, Moxy also uses a unified digital wallet to participate in the game ecosystem so that players can store cryptocurrency and NFT. It is reported that Nolan Bushnell (founder of Atari) Lawrence Siegel (President of Sega Europe) and Tony Bickley (Director of Sega Europe) have joined the Moxy team. Web3 game platform Moxy completed financing of more than US $10 million Analysis based on this information:Moxy, a Web3 game platform…
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NFT Leasing Platform Double Protocol gets Opensea’s Support for their EIP-4906 Proposal
On March 12, the EIP-4906 proposed by the NFT leasing platform Double Protocol is now supported by Opensea. It is reported that the standard adds metadata even…
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Moonbirds NFT Whale Address Experiences Major Losses
On March 12, according to Blur’s market data, the Moonbirds NFT whale address (0xb8… 551a) began clearing its Moonbirds NFT holdings at Blur at about 6 p.m. on March 11, with a total clearing of about 500 Moonbirds and a loss of about 719.49ETH. In the past 24 hours, the trading volume of Monnbirds exceeded 5500ETH, and the floor price fell 23.86% to 4.66ETH. A Moonbirds giant whale cleared 500 Moonbirds in nearly 24 hours, losing 719.49ETH Analysis based on this information:The world of Non-Fungible Tokens (NFTs) has seen an explosion in popularity in recent months. People have been buying, selling and trading these digital assets for millions of dollars. However, this market is extremely volatile, and investors need to be cautious before jumping in. A recent development in the NFT world is the downfall of the “Moonbirds NFT Whale Address.” According to Blur’s market data, the Moonbirds NFT whale address started clearing its holdings on Blur on March 11th….
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DeshGame Genesis Blind Box Mint Function
According to the official news, the Ambitrum project DeshGame will open the Mint function of the Genesis blind box at 21:00 on March 12. The users of the Genes…
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SELF Launches Innovative NFT Plan to Revolutionize Crypto Interactions
It is reported that SELF, a Web3 identity technology start-up, has announced that it has completed a pre-sale round financing of about $400000 through the GemP…
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NFT projects have limited exposure to Silicon Valley banks, stability not threatened
On March 11, Twitter user anymose.eth said that many NFT projects such as Yuga Labs and Azuki had a small amount of exposure to Silicon Valley banks, but their…
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PROOF assures investors over diversification of assets
On March 11, PROOF, the parent company of Moonbirds, the NFT project, issued a statement about Silicon Valley Bank. PROOF confirmed that it held cash in Silico…
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Gitcoin Presents NFT Series Records Highest Trading Volume on OpenSea
It is reported that the value of the Gitcoin Presents NFT series, launched jointly by the blockchain financing company Gitcoin and the NFT platform Metabel, so…
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Crypto.com to undergo system maintenance for NFT, DeFi Swap and Tax
According to reports, Crypto.com, a crypto exchange, said that it would start system maintenance for Crypto.com NFT, DeFi Swap and Tax at 08:00 on March 16, Be…
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Huobi NFT Market to Shut Down in 2023: Implication of Product Adjustment
According to the news on March 10, Huobi issued the notice of NFT clearance of Huobi. Due to the strategic planning and product adjustment of Cloud Wallet, the…
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Bored Ape Yacht Club Series NFT Experiences Drop in Price and Increase in Trading Volume
On March 10, according to the NFTGo.io data, the price of the Bored Ape Yacht Club series NFT floor dropped to 68.4ETH, down 4.24% in 24 hours. In addition, th…
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Cool Cats NFT Project Updates Website and Introduces New Features
It is reported that the NFT project Cool Cats announced on social media that it has completed the update of the website and profile functions. At present, it h…
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GQ Magazine’s NFT Launch Fails to Meet Expectations
According to the news on March 10, the minting of GQ magazine NFT \”GQ3 NFT\” started on this Wednesday, and a total of 1661 NFT access passes were issued at the…
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Redeem secures $2.5M pre-seed financing to simplify NFT ownership
It is reported that the blockchain company Redeem announced the completion of $2.5 million pre-seed financing, led by Kenetic Capital. It is reported that Rede…