Cryptocurrency news - NFTs
Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns
Bitcoin transaction fees have soared above Ethereum’s amid a renewed appetite for Ordinals-inscribed assets. Average daily transaction fees on Bitcoin BTC $36,463 have flipped with Ethereum following a frenzy of Ordinals-related activity on the Bitcoin network. O...
AAA studio Ubisoft to develop Web3 gaming experience with Immutable
Blockchain gaming firm Immutable announces a partnership with Ubisoft’s Strategic Innovation Lab to develop Web3 games. AAA gaming studio Ubisoft has partnered with blockchain game firm Immutable to collaborate on developing Web3 games through its Strategic Innovation Lab. An a...
NFTs aren’t dead — they’re just resting
The market for nonfungible tokens (NFTs) might be struggling during this "NFT Winter," but there are signs of life if you know where to look. Headlines predicting the death of Bitcoin are nothing new. Over the past decade, we’ve seen every permutation of why “Bitcoin is dead” im...
Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode
Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm. Despite concerns that Bitcoin Ordinals are clogging the network, there is little evidence to suggest inscription...
What is OpenSea and how to use it?
This guide delves into the significance of the OpenSea decentralized marketplace, its pros and cons, and its role in the NFT revolution. The rise of nonfungible token (NFT) marketplaces has ushered in a new era, fundamentally reshaping the way we perceive and interact with digit...
Lufthansa airline launches NFT loyalty program on Polygon
Airline passengers can collect NFTs and then get rewards, such as flight upgrades or airport lounge access, after completing NFT sets. Lufthansa, one of the largest airline groups in Europe, has launched its nonfungible token (NFT) loyalty program on the Polygon Network. The pro...
Google Play Store officially allows NFT games, but no gambling: Nifty Newsletter, July 12–18
An on-chain tile-sliding game has been causing a massive spike in daily transactions on the Sui Network. In this week’s newsletter, Google Play has officially allowed nonfungible token (NFT) games on its store — with some limitations. NFT company Dapper Labs has completed its th...
NFTs backed by real-world items: The new gold standard in AI-based gaming?
Real-world items are increasingly being tied to nonfungible tokens — and it’s a trend that’s set to shake up the world of gaming. The NFT market is continually evolving — and there’s one intriguing trend that’s enhancing their utility even further: tying digital assets to real-w...
Crypto Travel Rule implementation ‘remains relatively poor,’ says FATF
The United Nations body called on all member states to implement the Travel Rule “without delay” to close “loopholes” not currently protected by regulation. A renewed call from the Financial Action Task Force has asked countries to implement the “Travel Rule” to combat money lau...
Nike NFTs are coming to EA Sports games: Nifty Newsletter, May 31–June 6
Cointelegraph spoke with Future Primitive’s Jayden Windle and Benny Giang to learn how NFTs can be used as digital wallets through ERC-6551. In this week’s newsletter, read about GameStop’s nonfungible token (NFT) platform partnership with game company Illuvium, and check out ho...