Author: Donald Munn
Changpeng Zhao, the CEO of Binance, has filed a lawsuit against Modern Media for defamation. Bloomberg is accused of defamation by Binance CEO Binance CEO Changpeng Zhao has filed a lawsuit against Modern Media Company, which is an independent licensee of Bloomberg content, for defamation. Precisely, CZ did not file any lawsuit, but just a motion for discovery. The subject of the note is a newspaper article calling the exchange a Ponzi scheme of sorts. Zhao pointed out that the article, which also had a call-out on the cover of Modern Media, had damaged Zhao’s public image, especially in the…
As anonymous as the decentralized world itself, with no public face or clear identity, Murat Pak is one of the most influential artists in the world of NFTs art. Pak has released countless conceptual performances, using the blockchain as a powerful creative tool. In 2021, the artist created “The fungible Collection” in collaboration with Sotheby’s during which, in parallel to the collection of 3D cubes, Pak launched the $ASH cryptocurrency which will be used to purchase new artworks. Pak recently released two other large projects, “Lost Poet” and “Merge”, both of which raised more than $200 million by promising various benefits…
This week’s guest on the Cardano NFT Column is a project that aims to use this technology to decentralize the music industry: NEWM. Last week’s guest was a project building a new platform called AnimeSector, for anime fans with integrated NFT functionality. This initiative is a point of reference for NFTs on Cardano and every week or two we will invite someone to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to the crypto space, we will have a mix of simple and technical questions. Cardano…
ItaliaNFT, the ‘made in Italy’ NFT marketplace, has auctioned off the original of the highly prized pair of diamond shoes worn by Tadej Pogacar from the Tour de France, certified as a Non-Fungible Token. 85% of the proceeds will be donated to the Tadej Pogacar Foundation for Cancer Research. ItaliaNFT and the drop of the pair of shoes made by DMT. ItaliaNFT is auctioning the diamond shoes of the winner of the Tour de France Starting 28 July, on ItaliaNFT’s marketplace it will be possible to buy the original of the highly prized pair of shoes, made by the Italian…
Miami Mayor Francis X. Suarez, along with TIME, Mastercard and Salesforce announce the new Web3 initiative involving a collection of 5,000 NFTs that offer prospective holders special rewards to experience in the city. Miami mayor joins TIME, Mastercard and Salesforce for Web3 initiative The long “crypto winter” seems not to stop the enthusiasm for Web3 initiatives, so much so that Miami Mayor Francis X. Suarez, together with Mastercard, TIME and Salesforce, announced the launch of an innovative initiative involving 5,000 NFTs. We are thrilled to partner with @FrancisSuarez, @VentureMiami, @Mastercard & @Salesforce to help bring the @CityofMiami into #web3! This…
Milan, 28 July 2022 – Binance announces the pilot project of its new NFT ticketing solution with S.S. Lazio for the 2022/23 season. Partnership between Binance and S.S. Lazio continues with NFT tickets Binance and S.S. Lazio launch the new NFT ticketing solution Binance continues to expand its service offerings in the crypto world by making blockchain technology increasingly accessible to all. This new ticketing solution managed through NFTs represents an evolutionary phase of Binance’s Fan Token portal. Web3 has the ability to revolutionize most industries and is what established realities have been experimenting with in recent years. NFT ticketing‘s…
Yesterday, the second quarter 2022 financial results of Meta, formerly Facebook, were published. Among the most striking figures are definitely the $2.8 billion loss of the metaverse-focused division, Reality Labs. Performance of Meta’s metaverse is down, losses increase Costs of Meta’s metaverse increase, impacting by $ 2.8 billion Reality Labs posted revenues of only $452 million in the second quarter of the year, down from $695 million in the first quarter when it posted losses of $2.9 billion. Thus in the first six months of the year the cumulative loss was $5.7 billion. The company’s total revenue, which also includes…
“CRYPTO ART – Begins” is the first Phygital book, thus standing at an intermediate point between print and Web 3. Published by Rizzoli, the book will be sold in both print and as NFT. Over the past year, Crypto Art has swept the world of Digital Art, and not only, involving collectors, museums and auction houses, giving rise to a true digital revolution. It was led by visionary artists who promoted this unprecedented movement with new rules, overwhelming dynamics and innovative ways of enjoying art. “CRYPTO ART – Begins”, an idea of The NFT Magazine “CRYPTO ART – Begins”, a…
During the second quarter of 2022 (i.e., the period between April and June), according to the latest report published by the data analytics site NonFungible.com, NFT sales dropped 24% from the previous quarter. In the report, it must be taken into account that the blockchains considered in the report are those of Ethereum, Flow and Ronin. In any case, NonFungible.com highlights the differences and the decline that took place in the NFT sector between the first and second quarters, and from this, we can see that active wallets also decreased by 33% over the course of three months. Many also…
The NFT Magazine, a project created by cryptodailynews24.com and ArtRights, is now in its ninth edition. The magazine will have its public sale on OpenSea starting 2 August, at a cost of 0.05 ETH with the cover featuring an artwork by African artist Osinachi, now ranked third with highest sales on SuperRare. The private sale will take place on thenftmag.io, the project’s official website, from 28 July 2022. It is worth noting that almost all previous issues of The NFT Magazine have sold out and have totalled more than 100 ETH. Osinachi on the tenth issue of The NFT Magazine…