non-fungible tokens

Faisal Al Monai: Convergence of AI and Blockchain Is a Solution to Data Integrity Issues in AI Model Training

May 2, 2024 Bitcoin.com

artificial intelligence

The Middle East and North Africa (MENA) lead the world in the adoption of blockchain and cryptocurrencies because governments in the region actively promote digital transformation in their strategic future visions, according to Faisal Al Monai, chairman and co-founder of Droppgroup. This commitment by governments in the region “creates a favourable environment for the growth […]

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Yuga Labs Resumes Layoffs; CEO Says Web3 Platform ‘Lost Its Way’

April 29, 2024 Bitcoin.com

bitcoin.com

According to Greg Solano, co-founder of Yuga Labs, the Web3 platform has laid off additional workers partly because it had “lost its way.” Solano also encouraged employees uninterested in the next phase to consider accepting the same severance package offered to those affected by the layoffs. Convoluted Corporate Processes Yuga Labs, the Web3 platform behind […]

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Cryptopunk #635 Achieves $12.41M Sale, Joins Ranks of Top Priciest NFTs

April 25, 2024 Bitcoin.com

bitcoin.com

On Thursday, a Cryptopunk NFT with an alien theme changed hands for 4,000 ether, equivalent to $12.41 million. This particular Cryptopunk, #635, ranks as the sixth priciest in the Cryptopunks collection. Cryptopunks Collection Sees Another Major Sale With $12.41M Transaction In 2024, another significant transaction involving Cryptopunk #635 took place on Apr. 25, fetching 4,000 […]

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Crypto Exchange Okx Partners With Manchester City to Launch Football Shirts Mintable as Digital Collectibles

April 22, 2024 Bitcoin.com

bitcoin.com

Okx and the English football club Manchester City have partnered to launch commemorative football shirts that can be minted as non-fungible tokens (NFTs). Fans of Manchester City, the reigning English football champions, will be able to mint the “Unseen City Shirts” digital collectible from April 22-25. Authentic Fan Engagement The cryptocurrency exchange Okx and the […]

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A Fifth of Gen Z, Millennials Own Crypto; Over 60% Have Tried at Least One of Six Financial Hacks

April 12, 2024 Bitcoin.com

bitcoin.com

Approximately a fifth of America’s Gen Z and Millennials own cryptocurrency but only 20% own real estate, the latest Policygenius 2024 Financial Planning Survey has found. The survey report asserts that Baby Boomers have “benefited greatly from housing wealth,” which now accounts for nearly half of their wealth. Boomers Least Interested in NFTs According to […]

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7-Day NFT Sales Increase by 37%, Bitcoin-Based Collections Lead

April 11, 2024 Bitcoin.com

bitcoin ordinals

Sales volumes of non-fungible tokens (NFTs) recorded a more than 37% increase to $277 million in the seven-day period ending April 11. Six of the top 10 collections with the largest sales volumes were Bitcoin-based NFTs. Some experts attribute the renewed interest in NFTs to the rise of real-world assets and NFTs with built-in utility. […]

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8 Blockchain Giants Log $3.77 Billion in NFT Sales in Q1 2024

April 7, 2024 Bitcoin.com

bitcoin.com

Despite experiencing a downturn for four straight weeks, eight blockchain networks logged $3.77 billion in non-fungible token (NFT) sales in the first quarter of 2024. Leading the charge, Ethereum-centric NFTs accounted for $1.4 billion or 37% of the NFT sales during Q1 2024. The Dual Forces of Organic NFT Sales and Wash Volume Across Several […]

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Binance NFT to Halt Bitcoin NFT Activities, Focus Shifts Away From BTC-Based Collectibles

April 4, 2024 Bitcoin.com

Binance

In a recent announcement by Binance on April 4, 2024, the firm disclosed its decision to halt support for Bitcoin-based Ordinal non-fungible token (NFT) collectibles within its NFT marketplace. The directive from Binance calls for users of its NFT marketplace to withdraw their Ordinal inscriptions by May 18, 2024. Binance NFT Marketplace to End Ordinal […]

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Cryptopunk #7,804 Sells for $16.38 Million, Second Most Expensive Sold in the Collection

March 20, 2024 Bitcoin.com

$16.38 million

On Wednesday, March 20, 2024, Cryptopunk #7,804 exchanged hands for a sum of 4,850 ethereum (ETH), equivalent to $16,382,444. This transaction marked it as the collection’s second highest-priced non-fungible token (NFT) sale. It surpassed the transaction of Cryptopunk #3,100, which was clinched 16 days earlier for 4,500 ETH or $16,010,724. The record for the priciest […]

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Starbucks Discontinues NFT Program to ‘Prepare for What Comes Next’

March 17, 2024 Bitcoin.com

bitcoin.com

Starbucks has said it will discontinue its Odyssey non-fungible token beta program and members “have until March 25, 2024, to complete any remaining journeys.” Starbucks stated on its FAQ page that it will keep its NFT community in mind and is working to find a place for its members to connect in the future. Starbucks […]

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