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Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%

Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20%

Top US-based crypto exchange platform Coinbase is expanding its suite of digital assets by adding custody support for over a dozen of Ethereum (ETH)-based altcoins. Coinbase says it’s adding 14 new cryptocurrencies to the growing roster of virtual currencies in its Coinbase Custody cold storage trust. Coinbase Custody, which launched in July 2018, is a […]

The post Exchange Giant Coinbase Adds Custody Support for 14 Ethereum (ETH)-Based Altcoins, Spurring Rallies Up to 20% appeared first on The Daily Hodl.

Sui Foundation Enters Into Strategic Partnership With Franklin Templeton Digital Assets

Nifty News: Bill Murray’s wallet hacked, FIFA’s tokenized highlights, Muse tops charts, and more…

The Bill Murray 1,000 NFT drop generated 119.2 ETH worth of sales as part of a charity fundraiser, but hackers managed to steal a hefty 110 ETH from that total.

Popular comedic writer and actor Bill Murray had his Ethereum wallet hacked for around 110 Wrapped ETH (wETH) worth $172,000 late last week.

The auction for the The Bill Murray 1,000 NFT drop was just coming to a close on Thursday Sept. 1, having generated a total of 119.2 wETH worth of sales as part of a charity fundraiser for Chive Charities.

However hackers were reportedly watching Murray’s wallet all day, and pounced to swipe nearly all of the funds as the sale came to a close.

While it is not 100% certain how the hackers gained access to Murray’s wallet, it is believed to be via a wallet-draining exploit. They are also said to have then transferred the stolen funds to a wallet address linked to the Binance exchange and Unionchain.ai.

Murray’s wallet security team managed to stop the hackers from stealing his blue-chip NFTs such as two CryptoPunks, a Pudgy Penguin, and Damien Hirst NFT by shifting them to safe house wallets.

'The Bill Murray 1000' consisted of 1,000 NFTs depicting artwork inspired by 100 stories of Murray’s career. The tokens were launched in partnership with Coinbase’s NFT marketplace, with some of the most highly valued NFTs offering buyers a chance to sit down and have a beer with Murray himself.

At the time of writing, Murray's wallet has just 0.047 ETH remaining, worth roughly $75.

FIFA follows NBA Top Shot route

FIFA, the international governing organization of association soccer, has announced a new NFT project dubbed “FIFA+Collect.”

It will follow a similar method to Dapper Lab’s widely popular NBA Top Shot, which consists of a marketplace and tokenized in-game-highlight collectibles.

The project is set to launch later this month via FIFA’s digital content platform FIFA+, and the NFTs will depict historic moments from previous FIFA World Cups and FIFA Women’s World Cups. The Algorand-based NFTs will also be accompanied by digital art and imagery relating to the in-game highlights.

The move is part of the promotional build-up to the 2022 World Cup set to take place in Qatar in November this year.

A blockchain-based Muse

British rock band Muse has become the first band to top the UK charts with an album sold in NFT format.

The iconic rock band reportedly sold 51,500 copies of its new album Will of the People last week, making it the top-selling album. Notably, that figure outpaced the sales of the next nine top-selling albums combined.

As part of the album launch in late August, Muse rolled out 1,000 tokenized copies of the album via the Serenade marketplace. The NFT version differed from the physical album with alternative cover art, and digital signatures from the Muse band members.

NFL x NFT sneaker deal

Philadelphia Eagles wide receiver DeVonta Smith has penned a unique shoe deal with Web3 startup Endstate to create a signature sneaker line tied to NFTs.

According to a Sept. 2 report from Biz Journals, Endstate will first sell NFTs featuring a digital rendition of the Smith’s signature shoe, with buyers then receiving the physical version once they are ready to ship in mid-December.

Smith worked with Endstate’s design team to create the shoe, and the NFTs are set to be launched later this month.

Part of the appeal of Endstate is the tokenization of the widely popular shoe collecting market.

Tying shoes to NFTs on the blockchain will enable buyers to show verified ownership of the shoes online and potentially making it easier to buy, sell and trade their highly sought after sneakers.

NFT sneakers: Endstate

Related: NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3

More Nifty News:

In an announcement on Twitter last week, NFT marketplace OpenSea stated it will support the new upgraded Proof-of-stake Ethereum blockchain once the Merge goes through. As such, the platform will only support Ethereum NFTs on PoS, and not any that come from potential forks.

A group of hacktivists called the Belarusian Cyber Partisans have been attempting to sell NFTs featuring the purported passport info of Belarus president Alexander Lukashenko. The move is part of a grassroots funding campaign to fight “bloody regimes in Minsk and Moscow.”

Sui Foundation Enters Into Strategic Partnership With Franklin Templeton Digital Assets

Coinbase Launches Altcoin Listing Spree, Adding Long List of Crypto Assets Built on Ethereum

Coinbase Launches Altcoin Listing Spree, Adding Long List of Crypto Assets Built on Ethereum

Coinbase is adding five altcoins built on Ethereum (ETH) as most of the crypto markets stall sideways. In an announcement, Coinbase says Chrono.tech (TIME) and four other Ethereum-based tokens will start trading paired with Tether (USDT) once appropriate liquidity conditions are met. Chrono.tech was founded in Sydney, Australia, and seeks to harness the power of […]

The post Coinbase Launches Altcoin Listing Spree, Adding Long List of Crypto Assets Built on Ethereum appeared first on The Daily Hodl.

Sui Foundation Enters Into Strategic Partnership With Franklin Templeton Digital Assets

Nifty News: Muse frontman drops track as NFT, Chimps create NFTs and more…

Muse frontman Matt Bellamy is tokenizing and selling a song recorded on the same guitar Jeff Buckely used to record his hit album Grace.

NFTs are the new muse

In an exclusive shared with Cointelegraph, celebrity-focused NFT auction platform Cryptograph has announced the launch of an exclusive track from Muse frontman Matt Bellamy in the form of a nonfungible token (NFT).

The token will be issued to accompany the launch of Bellamy’s new 10-track solo album Cryosleep on July 16, which was recorded on the same guitar Jeff Buckely used for his hit album Grace.

Guiding Light NFT Artwork: Matt Bellamy x Cryptograph

The album includes the track “Pray,” which was featured on the Game of Thrones soundtrack.

Cryptograph is a platform that is focused on charitable fundraising through NFT auctions from celebrities. Proceeds from the sale will benefit The Passage House UK organization — which is focused on helping the homeless by taking them off the streets and providing them with accommodation.

This isn’t the first time members from Muse have worked with blockchain tech. Cointelegraph reported back in September 2020 that the band partnered with Dapper Labs to launch Muse-themed CryptoKitties collectibles.

IOTA

The IOTA Foundation launched an “almost feeless” NFT Marketplace to the IOTA 2.0 DevNet on July 12.

IOTA said that the “extraordinarily expensive” fees associated with minting, buying, trading and transactions on the blockchain have hampered the NFT sector.

“Usually, a minting fee for creating the NFT is attached to the process, listing it on a platform costs an additional fee, the NFT platform usually wants a commission on sales, and the actual transaction on the blockchain also involves a fee,” it stated.

IOTA’s NFT marketplace is now available for use in it’s test mode, with the foundation emphasizing it has removed transactions fees and charges scant minting fees. The foundation takes a commission on all marketplace sales to fund the platform’s development.

Even Chimps can mint NFTs

Non-profit sanctuary Save the Chimps has launched an NFT drop featuring tokenized depictions of paintings created by three rescued chimps.

The drop is dubbed “Primal Expressions,” and includes four tokenized paintings from chimp artists Cheetah, Clay and Tootie. The paintings contain an ensemble of various colors and different stroke techniques, with one painting resembling the shape of an Alpaca.

Source: Save the Chimps

The sale is being hosted on the Truesy NFT marketplace from today until July 21. The sale is part of a July 14 celebration of World Chimpanzee Day, and all the proceeds will go directly to Save the Chimps.

Save the Chimps and Truesy have not announced how many tokens will be minted.

A special VIP package will also be included as part of the NFT sale, including an exclusive tour of the sanctuary.

“Among the many activities the chimps have access to, painting is particularly popular for these three chimps, who regularly choose to create colorful, expressive paintings,” said Ana Paula Tavares, CEO of Save the Chimps.

Save the Chimps was founded in 1997 and is home to more than 220 rescued chimps.

New Nifty Metaverse

A new NFT gaming metaverse dubbed “Nifty Island” is coming soon, promising to serve as a “community first gaming platform for the NFT gaming movement.”

The project is currently recruiting and is on the lookout for artists and game developers.

The project expects to launch late this year, and while details are sparse at this stage, the NFT metaverse will be themed around a gamified tropical island and feature an NFT marketplace.

“Nifty Island is an open social game hub and gallery that harnesses nfts and crypto to make the metaverse a reality. Every user, from defi projects and influencers to individuals, are granted their own customizable avatar and private island,” the website reads.

Related: Nonfungible tokens soar even as Bitcoin price drops close to $32,000

Nifty Roundup

Cointelegraph reported yesterday that Japanese sports footwear manufacturer Asics is entering the NFT market, with the firm set to drop a tokenized collection of shoes via OpenSea on July 15.

The firm may be looking for a prolonged stay in the NFT sector as well, with the funds from the sale slated to be reinvested into Asics’ Digital Goods Artist-in-Residence program to fund the creation of new NFTs.

NFT marketplace Nifty also announced a $10 million seed funding round, which included backing from top names including Samsung Next, Palm NFT Studio, Coinbase Ventures and Dapper Labs.

Alongside the announcement, the firm also revealed a partnership with Warner Brothers to host the sale of Space Jam-themed NFTs to celebrate the film’s upcoming July 16 release.

Sui Foundation Enters Into Strategic Partnership With Franklin Templeton Digital Assets