nft

Parler Is Trying to Attract Crypto Users to Its New Marketplace—With Trump NFTs

Parler, which markets itself as a “free speech” alternative to Twitter, is looking to NFTs to broaden its reach and draw in more users. In brief Parler is looking to attract a broader crypto audience to its platform using NFTs. The first drop on the Parler-powered NFT marketplace DeepRedSky features Donald Trump. Social media platform Parler announced …

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Ukraine Crypto Crowdfunding Effort Hits $20 Million: Report

Cryptocurrency donations sent to Ukraine following Russia’s invasion have exceeded $20 million, according to blockchain analytics platform Elliptic. Cryptocurrency donations sent to Ukraine following Russia’s invasion have now exceeded $20 million, according to blockchain analytics platform Elliptic.  “The Ukrainian government, and NGOs providing support to the military, have raised $20 million through thousands of cryptocurrency donations …

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Sacramento Kings Star De’Aaron Fox Ditches Ditches NFT Project—After Pocketing $1.5 Million

In a series of restricted tweets today, NBA player De’Aaron Fox announced that his NFT collection, “Swipa The Fox” would be disbanded effective immediately—taking with it 475 user ETH, worth about $1.5 million at the time of the projects minting. According to the tweets, the project, which went live January 15 of this year, was …

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OpenSea CEO Says NFT Exploit Was Likely a ‘Phishing Attack’

CEO Devin Finzer says of the attack: “We don’t believe it’s connected to the OpenSea website.” OpenSea says it is “actively investigating rumors of an exploit” that occurred on the popular Ethereum NFT marketplace Saturday. Users reported that digital assets, including NFTs from the Cool Cats and Doodle collections, had been stolen. But co-founder and …

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Everyday Technology: What are NFTs? How are they different from cryptocurrency?

What are non fungible tokens, and what makes them unique? How are they different from cryptocurrency? How do they work? Who can buy NFTs? What are the risks associated with buying NFTs? Here’s your guide. Non fungible tokens (NFTs) have, thanks to their ability to assign value to everything from art to music to a simple …

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An Artist Blew Up a Lamborghini. Now, They’re Selling the Pieces as NFTs.

Over the years, “when Lambo” has become a common saying in the crypto community. Seemingly, it stems from a 2014 event in which a crypto trader purchased a Lamborghini Gallardo with money they earned from Bitcoin speculation. Today, “when Lambo” is used by members of the crypto community as a way of ironically asking, “when are the …

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$1.7 million in NFTs stolen in apparent phishing attack on OpenSea users

Two hundred and fifty-four tokens were stolen over roughly three hours On Saturday, attackers stole hundreds of NFTs from OpenSea users, causing a late-night panic among the site’s broad user base. A spreadsheet compiled by the blockchain security service PeckShield counted 254 tokens stolen over the course of the attack, including tokens from Decentraland and Bored Ape …

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The First NFT Billionaires: OpenSea Founders Each Worth Billions After New Fundraising

The NFT craze has minted its first billionaires.  The founders of buzzy blockchain startup OpenSea have joined the three-comma club following a fresh funding round announced Tuesday that values the company at $13.3 billion—up from $1.5 billion just six months ago. With estimated 18.5% stakes in OpenSea, cofounders Devin Finzer and Alex Atallah are each …

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