UK Government Shelves Initial Plans to Launch NFT
The UK government has cancelled plans it had to launch a non-fungible token (NFT) for the country. The country’s treasury cancelled the move which was intended to make the UK Continue Reading →
Category: NFT (Non Fungible Token)
NFT Investor Accidentally Burns 135K CryptoPunk NFTs
It’s an occurrence that sends shivers down the spine of any crypto investor and one that has recently become all too familiar in the world of Non-Fungible Tokens (NFTs). Riley, Continue Reading →
US Banking Crisis Ends NFT hype as DeFi Booms
The latest data from DappRadar shows that the recent downfall of Silicon Valley Bank and Circle’s USDC de-peg ended the hype around the non-fungible tokens (NFTs) while increasing activity in Continue Reading →
NFT Marketplace That Raised Over $5M is Shutting Down
Last March, when the NFT market was booming, Solana NFT marketplace Formfunction revealed that it had raised more than $5 million in a funding round in which OpenSea and other Continue Reading →
Yuga Labs Launches HV-MTL, a New Mech NFT Series
Yuga Labs, the mastermind behind the highly acclaimed Bored Ape Yacht Club, has recently launched a fresh NFT collection dubbed HV-MTL using an exclusive summoning technique. The collection offers a Continue Reading →
Meta Lays Off 10,000 Workers After Abandoning NFT plans
Facebook’s parent company Meta announced today a round of layoffs, hours after disclosing that it would wind down support for non-fungible tokens (NFTs). In a blog post, the tech giant Continue Reading →
