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Digital Collectibles Explode—Cryptopunks Soar 665% Amid $179M NFT Market Surge

Digital Collectibles Explode—Cryptopunks Soar 665% Amid 9M NFT Market SurgeWith crypto markets buzzing this week, non-fungible token (NFT) sales followed a similar trajectory, climbing an impressive 90.74% compared to the previous week. Ethereum and Bitcoin NFT Collections Fuel a $179M Weekly Bonanza From Nov. 9 to Nov. 16, NFT sales totaled $179.48 million, as reported by cryptoslam.io. Ethereum NFTs took the lead among 21 […]

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OpenSea users drop securities suit after marketplace demands arbitration

The lawyer for two OpenSea users who accused the platform of selling them securities told Cointelegraph they “had no choice but to dismiss the pending case.”

Two OpenSea users accusing the non-fungible token marketplace of selling unregistered securities have dropped their proposed class-action lawsuit after a judge allowed the firm to demand arbitration.

On Nov. 7, Anthony Shnayderman and Itai Bronshtein filed a voluntary dismissal of their securities suit against Ozone Networks, which does business as OpenSea, in a Florida federal court after Judge Cecilia Altonaga allowed OpenSea to file a motion to compel the pair into arbitration in an order last month.

OpenSea had held firm that it would compel the two users into arbitration, claiming in an October filing that they agreed to its terms of use that say all claims would be resolved by an arbitrator — including if the claims should be arbitrated in the first place.

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NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’

NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’

Leading non-fungible token (NFT) marketplace OpenSea says it is about to launch a major overhaul of its platform. In a post on social media platform X, OpenSea co-founder and CEO Devin Finzer says he has been working to rebuild the world’s largest NFT marketplace.  “We’ve been quietly cooking at @opensea. To really innovate, sometimes you […]

The post NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’ appeared first on The Daily Hodl.

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Independence Day director creating TV series based on Web3 game

The show, which is based on the "Space Nation" game, plans to use non-traditional distribution channels such as second-window broadcasts for streamers. 

A live-action TV series based on the “Space Nation” Web3 game is in development with Hollywood director Roland Emmerich and producer Marco Weber leading the project. 

According to an exclusive report from Variety, the duo intend to explore the game’s history, lore, and setting through a live-action series, but they’re not developing it for a network or streaming site. 

Instead, the report indicates Emmerich and Weber are pursuing non-traditional distribution methods such as licensing series content for “second window streaming” — a picture-in-picture format where gamers would ostensibly stream the TV show while also streaming their live gameplay and/or commentary. 

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Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition

Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms

Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory ReformsYuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto assets and aims to promote Japan as a web3 leader. The party also supports initiatives like increased leverage for crypto trading. Tamaki believes these changes […]

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Macro Guru Raoul Pal Says NFTs Aren’t Dead, Predicts Big Comeback for Crypto Sector

Macro Guru Raoul Pal Says NFTs Aren’t Dead, Predicts Big Comeback for Crypto Sector

Ex-Goldman Sachs executive Raoul Pal says that the non-fungible token (NFT) sector is still relevant and due for a big resurgence. In a post on the social media platform X, Pal says NFT technology is “profound,” and he sees the crypto sector mounting a comeback in many forms. “NFTs aren’t dead. The technology is profound. […]

The post Macro Guru Raoul Pal Says NFTs Aren’t Dead, Predicts Big Comeback for Crypto Sector appeared first on The Daily Hodl.

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Investor Chris Burniske Says Memecoins Will Be Bigger Than We Expect This Crypto Cycle – Here’s Why

Investor Chris Burniske Says Memecoins Will Be Bigger Than We Expect This Crypto Cycle – Here’s Why

Crypto veteran Chris Burniske is expecting big things from memecoins in the current digital asset market cycle. The venture capitalist says on the social media platform X that “memecoins’ tendency to trigger” suggests they will be bigger than expected going forward. “The cultural relevance some NFT collections garnered in 2021 will be surpassed by some […]

The post Investor Chris Burniske Says Memecoins Will Be Bigger Than We Expect This Crypto Cycle – Here’s Why appeared first on The Daily Hodl.

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Telegram to Support TON-Based NFT Gifts Later This Year

Telegram to Support TON-Based NFT Gifts Later This YearThe founder of Telegram has announced plans to support TON-based non-fungible token (NFT) gifts later this year. This new feature will allow users to convert limited-edition animated gifts into NFTs on the TON blockchain. These tokenized gifts can be displayed on user profiles or traded for Telegram’s in-app currency, Stars. Additionally, users will have the […]

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Digital Collectibles Market Struggles as September NFT Sales Slide by 47.9%

Digital Collectibles Market Struggles as September NFT Sales Slide by 47.9%Over the last two weeks, non-fungible token (NFT) sales have enjoyed steady week-over-week increases. However, when we compare the numbers from September to August, the story takes a different turn. Data from Cryptoslam.io reveals that September saw a 47.9% drop in total digital collectible sales compared to the previous month. NFT Market Faces Continued Decline […]

Marketing Veteran: Web3 Gaming Needs Collaboration, Not Competition