Author: Donald Munn

Phil Spencer, head of the Xbox brand and CEO of Microsoft’s gaming department, has declared himself skeptical regarding the metaverse and especially against games based on the play-to-earn concept. Regarding the metaverse, Spencer explained that it is nothing new and that the technology has been around for more than 30 years. As a result, it could be said that Spencer does not see anything innovative, but at most, it is a comeback. Spencer thus explained his views on the topic to the microphones of Bloomberg: “My view on metaverse is that gamers have been in the metaverse for 30 years.…

Yesterday VeVe Digital Collectibles announced the launch of NFTs of the Amazing Spider-Man Marvel comic book covers.  The NFTs of the Amazing Spider-Man comic book covers VeVe has been issuing NFTs of famous comic book covers for some time now, and today it is releasing new limited editions of covers in blind box format with five levels of rarity.  In fact, this limited edition release features exclusive VeVe Rare and Ultra Rare covers by Salvador Larroca and Edgar Delgado.  Venom in his first full appearance!@Marvel’s Amazing Spider-Man #300 features VeVe-Exclusive Rare & Ultra Rare covers by @SalvadorLarroca and @delgaduck! Super…

Meta introduces the ability to share NFTs on their Instagram and Facebook profiles. Meta, NFTs arrive on Instagram and Facebook Finally, after numerous tests, Meta has announced that users will be able to post NFTs to their social profiles. To do so, they will simply connect their digital wallet and choose the digital collectible they want to share with their community. You can now post digital collectibles on @Facebook and @Instagram Connect your digital wallet to either app and start sharing your #NFTs today. Learn more https://t.co/aH8036aVwX pic.twitter.com/0AuZWHUFsy — Meta (@Meta) August 29, 2022 Currently, the supported blockchains are Ethereum,…

The NFT Magazine, a project created by cryptodailynews24.com and ArtRights, has reached its 11th edition and this time the issue was dedicated to the Crypto Art Begins project, the first book in the form of NFT published by Rizzoli. The magazine will be on sale on Opensea in public sale starting September 2, for 0.05 ETH with a collage of the book’s 50 covers on the cover. The private sale, on the other hand, will be on sale on Thenftmag, the project’s official website, from yesterday, August 28, 2022. Note that almost all previous issues of NFT Magazine have sold…

The Bored Apes Yacht Club‘s NFT collection has surpassed 2.4 billion total sales, or more accurately 657.2 thousand Ethereum (ETH) maybe also thanks to the hype around the performace at the MTV’s 2022 Video Music Awards (VMAs) by Snoop Dogg and Eminem. Only at the end of July, Bored Apes had exceeded 1 billion in total sales, and now in just one month, these numbers have doubled. The latest news on Bored Apes Recently, the project launched a limited edition of the famous M&M’s that sold out in a short time. Each package, called Kingship, cost $100 in a limited…

For Elliptic Enterprise, Tornado Cash was also a laundering tool for NFT scams before being sanctioned by the US.  Tornado Cash: laundering for NFT scams before U.S. sanctions Elliptic Enterprise, a blockchain analytics company, has reportedly released its report regarding Tornado Cash, stating that the cryptocurrency mixer was already a laundering tool for NFT scams before the ban and requests for sanctions by the US.  Tornado Cash was “the laundering tool of choice’' for NFT scams before being sanctioned, Elliptic said in a new report https://t.co/Oxc1FXyhU2 — Bloomberg Crypto (@crypto) August 27, 2022 Tornado Cash was “the laundering tool of…

The FBI has issued a warning to cryptocurrency investors about how cybercriminals are getting better and better at exploiting the vulnerability of DeFi platforms to steal cryptocurrencies. FBI and warning cryptocurrency investors about vulnerabilities in DeFi platforms The Federal Bureau of Investigation (or FBI), the U.S. National Intelligence and Security Service, has issued an alert to cryptocurrency investors.  The #FBI warns that cyber criminals are increasingly exploiting vulnerabilities in decentralized finance (DeFi) platforms to steal investors cryptocurrency. If you think you are the victim of this, contact your local FBI field office or IC3. Learn more: https://t.co/fboL1N17JN pic.twitter.com/VKdbpbmEU1 — FBI…

Bitcoin Analysis  Bitcoin’s price closed below a historically important inflection point [$19,891] on Tuesday and when traders settled-up on the world’s number one cryptocurrency, BTC’s price was -$496.   Today’s first chart for analysis is the BTC/USD 1M chart below by andre_007. BTC’s price is trading between the 0.5 fibonacci level [$14,682.79] and 0.382 [$21,154.70], at the time of writing . If BTC doesn’t retrace to the 0.618 which this chart’s next wave implies. Then bulls are hoping to reverse course at $19,891 and take aim again at 0.382. Above the 0.382 fib level the targets for bullish BTC market participants…

Bitcoin Analysis  Bullish Bitcoin market participants pushed back on Monday and put an end to three consecutive days of selling pressure from bearish traders. When the day’s daily session had concluded, BTC’s price was +$744.5.   The BTC/USD 8HR chart below from LDNGLOBALMARKETS is the first chart we’re providing analysis for today. BTC’s price is trading between the 0.236 fibonacci level [$20,067.41] and 0.382 [$20,397.78], at the time of writing. Above the 0.382 fib level bullish traders have targets of 0.5 [$20,664.8], 0.618 [$20,931.81], 0.786 [$21,311.96], and 0.85 [$21,456.78]. Conversely, bearish BTC traders are taking aim at the 0.236 fib level…

Bitcoin Analysis  Bitcoin’s bears rejected a bullish attempt to break out of the bearish control zone on the Relative Strength Index last week and since then bearish traders have absorbed the remainder of demand. The absorption occurred during the day’s final 4HR candle on Sunday as bearish BTC traders confirmed a bearish breakdown below $19,891.  BTC’s price saw its lowest level in 42 days on Sunday and when traders settled-up at Sunday’s session close, BTC’s price was -$478.2. The first chart we’re looking at this week is the BTC/USD 1D chart below from twenty47crypto. BTC’s price is trading between the…