NFT

Social media giant Meta has started to roll out NFT support on Instagram across 100 countries after integrating with Coinbase Wallet and Dapper, as well as it will also add support for NFT-focused blockchain Flow. The price of the FLOW token has surged nearly 44% over the day following Meta’s announcement. Mark Zuckerberg, the CEO…

Market participants spent 963,227 ETH, or about 2.7 billion, on NFT minting on the Ethereum blockchain during the first half of 2022. Over 1 million unique wallet addresses were involved in the minting process, signaling that NFT market activity remained strong. According to a new report by Nansen, about half (50.7%) of the ETH raised…

High fashion brand Gucci said it will accept ApeCoin (APE) as payment at select US stores. The firm already accepts other top crypto coins and collaborates on NFT and metaverse game projects. Meanwhile, Tiffany & Co. announced the rollout of a handcrafted pendants collection modeled on CryptoPunks, another iconic NFT collection owned by Yuga Labs….

Investors should ignore the hype and focus on the finer details of the possibilities, suggests Chainalysis’ Bas Lemmens on Gulf News. With the crypto and blockchain markets having matured significantly, attention is being placed on the rapidly evolving non-fungible token (NFT) and Metaverse. NFTs are becoming a major part of Web3, and the Metaverse is…

Blockchain gaming and metaverse projects seem to have been making over the bear market much better than the other market niches. Despite the crypto market crash, the GameFi sector has spiked by 9.51% in the second quarter of 2022. According to a new report from DappRadar, blockchain games have sidestepped the ensuing bear market and…

OasisX, a multichain curated NFT marketplace and creator studio, has set up its base in Dubai Multi Commodities Centre (DMCC) in the UAE and will be launched in the next few weeks. OasisX has already onboarded about 100 artists and multiple local brands in the MENA region. “We are building the tech foundation and frontier…