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Lens

NFT – Non-Fungible Token

  • Regulation

    Each NFT scam perpetrator gained average of $300,000 in past year: Elliptic report

    More than US$100 million worth of NFTs were scammed between July 2021 and July 2022, with each scam perpetrator making an average of US$300,000, according to a report released on Wednesday by crypto analysis firm Elliptic. See related article: Who fared worse in cryptocurrency slump: criminals or legitimate users? Fast facts See related article: Ronin […]

    Ningwei Qin

  • NFT Marketplaces

    Shanghai Data Exchange launches untradeable NFTs

    The Shanghai Data Exchange has debuted blockchain-based digital assets without allowing secondary trading, a day after the exchange began digital asset trading on Wednesday.  See related article: Ant Group, JD.com, Tencent pledge to resist speculation of ‘digital collectibles’ Fast facts See related article: Beijing, Hengqin ramp up metaverse amid struggling economy

    Ningwei Qin

  • NFT Marketplaces

    Nike becomes highest-earning brand for NFT sales

    Footwear giant Nike’s non-fungible token (NFT) projects have brought the company’s revenue to US$185.34 million, more than seven times that of luxury fashion brand Dolce & Gabbana, which ranks second in NFT profits, according to the data published on crypto analysis platform Dune. See related article: Touchdown: How ex-NFL players are helping college athletes score […]

    Ningwei Qin

  • Blockchain Security

    NFT platform SudoRare vanishes with 519 Ethereum

    Non-fungible token (NFT) platform SudoRare has allegedly run off with US$815,000 in user funds and deleted its social media accounts, raising alarms over investor protection.  See related article: Klaytn chief says reducing ‘human elements’ can prevent hacks Fast facts According to PeckShield Inc., a blockchain security and data analytics company, SudoRare took off with 519 […]

    Pradipta Mukherjee

  • Regulation

    India blockchain forum plans to chart future with governments, regulators

    Stakeholders in India’s blockchain space have created a new forum with more than 40 influencers to liaise with governments and regulators for blockchain and Web 3.0 adoption in the country. See related article: India’s latest tax assault on crypto exchanges starts Friday Fast facts According to a local media report, India Blockchain Forum is setting […]

    Pradipta Mukherjee

  • Altcoins

    Markets: Bitcoin, Ether gain; BNB best performer among top 10 tokens

    Bitcoin and Ether rose with most of the top 10 cryptocurrencies by market capitalization in Monday morning trading in Asia. The gains follow a flash crash last Friday afternoon that dragged the world’s leading cryptocurrency below US$21,000 on Saturday for the first time in almost a month. Bitcoin is still down about 12% in the […]

    Lachlan Keller

  • Uncategorized

    BAYC NFT sells for 777 Eth, worth US$1.4 million, amid crypto downturn

    Non-fungible token (NFT) Bored Ape Yacht Club (BAYC) #5383 sold for 777 Eth on Wednesday, worth some US$1.4 million, amid a crypto downturn. See related article: Bored Apes — NFTs take over the planet | NFT Moments in History Ep. 11 Fast facts Following the sale, the floor price for BAYC on Thursday sank its […]

    Lachlan Keller