Dive into the tech & future
The NFT and metaverse sectors did not particularly see an exceptionally profitable run this year. Despite the ongoing market downturn, Fidelity has planned to expand its presence in the Web3 sectors of NFTs and the metaverse. The US-based investment giant is looking to offer financial and investment services to people around the world, in the … Read more
North Korea’s notorious Lazarous Group, infamous for triggering cyber-attacks, has yet again come under the limelight, for striking the NFT sector with back-to-back strikes. The group of hackers have launched around 500 phishing domains using which, they are duping unsuspecting victims, who are also enthusiastic NFT buyers. The claims against the Lazarous Group have been … Read more
Magic Eden is trying to dial up the engagement on its platform at a time when the digital assets market as a whole is undergoing a downturn. The Solana-based NFT marketplace has announced a loyalty rewards initiative to entice the buyers of digital collectibles. The feature will fetch users five ‘Magic Points’ for every trade … Read more
Justin Bieber, Madonna, Kevin Hart, and Jimmy Fallon are among various celebrities that are now facing a class action lawsuit for promoting Yuga Labs Inc., commonly known for its Bored Ape Yacht Club (BAYC) NFT collection. The celebrities have been accused of unrealistically hyping up the value of the NFTs. As per a report by … Read more