Meme tokens mostly live by the sword of virality and a dedicated community. A dark security cloud has recently reared its ugly head to shake this dynamic ecosystem. One North Korean hacker, or perhaps several, has made off with more than $1 million. Their bad faith efforts zeroed in on...
Ethereum has taken a dominating lead on the marketplace, as NFT sales continue to skyrocket up to $125.1 million. Recent data underscores Ethereum’s comeback, fueled by a notable increase in sales and a decrease in wash trading. Individual CryptoPunks NFTs sell for millions, reinforcing the long-term appeal of scarce digital...
As a result, the media is ringing bells and shouting “NFTs are back!” Ethereum’s seemingly at the forefront, setting the pace, making a comeback. Before you mortgage your home to dive headfirst into the next hottest trend, let’s rewind. It’s high time to put a little more skepticism into the...
Like the art market, the NFT market is a living thing, changing and reacting to new trends, technologies and ideas. In the past few weeks, this changed dramatically, with Ethereum reclaiming its dominance over Polygon, as measured by NFT sales volume. Here’s a breakdown of what has driven Ethereum’s recent...
There’s no denying that the crypto market is booming right now. So, while the headlines continue to scream about Bitcoin going to the moon, something far more important is flying under the radar in Africa. It’s more than reading price charts and market capitalization. It’s about empowerment, opportunity, and this...
The NFT space, though revolutionary and explosive, is not outside of security risks. As we saw with the recent hack of the creator of Pepe the Frog, this is a very real and emerging danger for creators. Significant threats to collectors also occur because of these breaches. These occurrences have...
Pepe creator and NFT world adversary Matt Furie was… well, put it this way. When a North Korean hacking group snuck onto his project and hijacked his mission, Gov. Furie had previously collaborated and co-founded project Chainsaw to release multiple NFT collections. After their smart contracts were hacked, the project...
The digital collectibles market is about to go through a massive boom. It is on track to disrupt the global collectibles market and become the bedrock of the digital economy. Fuelled by increasing demand and expanding use cases, the market is projected to surge to USD 54,019 million by 2035....
Meet Fatima, a fictional artist living in Lagos, Nigeria. For decades, she struggled to sell her colorful artworks. She fought against gilded censorship and layers of white patriarchal bureaucracy and was exploited by art dealers who took most of her well-earned cut. Then she discovered NFTs. Just like that, Fatima...
Based on the forthcoming digital collectibles market, expected to exceed $54 billion by 2035, this could be just the beginning. Three important factors are fueling this momentum. Advanced user experience (UX) tools, faster mobile wallet adoption, real-world integrations, surging smartphone penetration, and broader internet access all create an ecosystem where...