How will AI be used in the metaverse? Can AI and blockchain work together? A dive into the future of AI aligned with blockchain. How does XR create deep collaboration in the metaverse?XR felicitates dynamic collaboration in the metaverse, enabling white-collar work in an intimate office environment.A metaverse driven by AI enables users to take… More
GMT’s downside pressure remains as an analyst calls STEPN a “hype-driven speculative frenzy.” A massive downtrend in the STEPN (GMT) prices witnessed in the last 30 days appears to be nearing exhaustion.GMT’s price has rebounded by nearly 35%—from $0.80 on May 27 to $0.99 on May 28. Interestingly, the upside retracement started after the price… More
The absence of a well-defined regulatory landscape sows uncertainty in the crypto industry. What should the regulators do to set things right? Regulatory attitudes toward crypto are constantly evolving, often at a slower pace than the crypto industry itself. Institutions and the broader public will not seriously consider working with cryptocurrencies without clear and comprehensive… More
The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research. The administration of the newly-elected President of South Korea, Yoon Suk-yeol, wastes no time in his drive to maintain the country’s stature as a center for innovation, as South Korea hopes to roll out comprehensive crypto legislation in 2023… More
An article by the WSJ suggesting the nonfungible token market is “collapsing” doesn’t show the full picture, as contrasting analysis reveals a consolidation is instead taking place. An article in the Wall Street Journal has claimed sales of nonfungible tokens (NFTs) are “flatlining” — in the same week that the top five collections alone accounted… More
GMT is booming amid warnings that its 38,000% price rally since inception could end up being an “absolute joke.” STEPN (GMT) has rallied strongly against the United States dollar this week as it looks likely to form a classical bullish technical pattern called “the bull flag.”GMT eyes more upsideGMT’s price rose 30% week-to-date, including a… More
The simultaneous purchase and sale of crypto assets is called wash trading. Read this guide to understand the purpose of a wash trade. Why is wash trading a problem for the NFT space?NFT wash trading is a problem for investors, the global community, collectors and traders because these participants use less liquid nonfungible tokens to… More
“We solemnly call on consumers to […] be vigilant and stay away from NFT-related illegal financial activities,” said the associations. The China Banking Association, the China Internet Finance Association and the Securities Association of China issued a joint statement warning the public about the “hidden risks” of investing in nonfungible tokens, or NFTs.In a Wednesday… More
Inflation risks grapple the newly-launched ApeCoin as it paints a classic bearish reversal pattern. A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin’s 70% drop in valuation in the past two weeks — and it may fall further in April.At the core of this bearish… More
NFT artist Olive Allen said by publicly burning her Russian passport, she was effectively making it dangerous to repatriate by protesting the current government. Olive Allen, a Russian national and artist who has lived in the United States for more than 11 years, has burned her mother country’s passport in the hopes of raising awareness… More
What happens when you combine NFTs with a revolutionary Web3 company? You get the future of the decentralized internet. Over the past few years, nonfungible tokens (NFTs) have become a multibillion-dollar industry and have solidified themselves among the most tech savvy. They have opened the portal to infinite possibilities and carved out a new direction… More
Search interest for keywords “metaverse” and “NFT” has continued to drop since the start of the year. While the worldwide search interest for the keywords “metaverse” and “NFT” boomed in the last quarter of 2021, Google Trends data shows that the hype may have started to fizzled in February 2022.Google Trends shows that in the… More
The creators say that in Web3, your Yat will not only be a universal digital identifier, but it can be used as a URL, wallet address and can be minted on the Ethereum blockchain as a NFT. Will emojis become the Web3 version of a username? That’s what Nashville-based tech startup Yat believes and with… More
StockX is an online reseller estimated to be worth $3.8 billion, and its NFT sneakers in dispute are still online. Popular sneaker maker Nike has started the “licensed NFT” wars by taking an online reseller called StockX to court for trademark infringement or sale of unlicensed nonfungible token (NFT) sneakers.According to a Reuters report, Nike… More
So many drops, and too many missed mints? Cointelegraph has you covered when it comes to keeping a pulse on upcoming NFT projects. With crypto prices down badly, NFTs appear to be on a discount which is making it hard for many collectors to resist a good sale. Notable projects like World of Women have… More
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