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Former Barclays Plc bond traders Ovie Faruq and Mike Anderson have sold a collection of iconic digital art that triggered their departure from banking and their pursuit of careers in nonfungible tokens. Faruq and Anderson sold 72 Bored Ape Yacht Club NFTs for between 78.08 and 78.18 Ether each this week, which translates to roughly … Read more
Sacha Jafri, a record-holding artist based in Dubai, is currently working on a special sculpture that will soon be planted on the lunar surface. Once the historic moon-landing of this artwork finally completes, a total of 88 NFTs inspired by the sculpture will be released for the Earthlings. These NFTs will be released next month … Read more
Amazon could be gearing up to foray into the digital assets industry in 2023. The e-commerce giant is reportedly set to launch an NFT initiative this April that would be closely integrated with its mother platform. NFTs, or Non-Fungible Tokens, are digital collectibles, that are built on blockchains that transfer their complete ownerships to the … Read more
The NFT market, after recording a slump in sales and overall market last year, is seemingly jumping back to recovery. As per NFT data aggregator CryptoSlam.io, the sales volume of NFTs spiked by 16 percent in the first three weeks of 2023 from last year. Over 320,580 people purchased digital collectibles between January 1 and … Read more
NFTs nearly $30,000 (roughly Rs. 24 lakh) have reportedly been stolen from an NFT influencer, who goes by the pseudonym ‘NFT God’ on Twitter. The influencer has claimed that his wallet full of digital collectibles was drained in a hack attack. Valuable NFTs worth nearly $30,000 (roughly Rs. 24 lakh) were drained out of his … Read more
Magic Eden has become the latest victim of an exploit, leading to the listing and sale of fake NFTs via the platform. A total of 25 fraudulent non-fungible tokens (NFTs) were purchased by unsuspecting buyers. The NFT marketplace says it will compensate the victims of this scam, taking responsibility of this exploit where internal systems … Read more
Donald Trump is the latest public figure to have forayed into the NFT sector despite the sales of digital collectibles having been down for most part of this year. The former President of the US has released a collection of 45,000 fantasy cards called the ‘Trump Digital Trading Cards’. The NFTs are based on the … Read more