Spending billions of dollars on artwork is of no use if you don’t have a place to store it properly. Considering the cyber attacks in this technology-oriented world, one should be cautious of the ownership of their digital assets. This advice applies to non-fungible tokens or NFTs that aren’t only art pieces but can represent […]
Adobe Behance is initiating support for the Phantom wallet. This integration will make it easier for people to showcase their non-fungible tokens created on the Solana blockchain on their Behance profiles. This is the latest integration of one of the leading players in the creative space and the NFT sector. Over the past year, many […]
Sports betting powerhouse DraftKings is partnering with digital asset startup Zero Hash to become a Polygon validator, the company announced Monday. The collaboration will make DraftKings one of the Ethereum layer 2’s largest governors, following through on a plan that has been in the works since last October. “Participating in validation supports DraftKings’ broader strategy […]
Non-fungible token (NFT) scaling platform Immutable has raised $200 million in a Series C funding round led by Singapore state investment fund Temasek at a $2.5 billion valuation, according to a press release provided to CoinDesk. The funds will be used toward global expansion, including scaling Immutable Gaming Studio and M&A activities. Other participants in […]
The NFT market appears to be suffering from the bearish sentiment prevailing in the broader crypto and traditional markets. Trading volumes on the largest NFT marketplace OpenSea are trending down, while floor prices of many so-called blue-chip NFTs keep falling. Blue Chip NFTs Suffer in Market Drawdown After a mainstream explosion throughout early 2021 and […]