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eBay drops first NFT collection to non-crypto mainstream buyers

E-commerce giant eBay has officially launched its first NFT drop, with a series of token collectibles featuring National Hockey League (NHL) legend Wayne Gretzky airing on May 23rd. The NFT collection depicts animated versions of Gretzky inspired by the covers of Sports Illustrated magazine. They come in four different layers of rarity, including green in …

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fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher

After a strong 2,000% increase in early 2021, the Phantom (FTM) price collapsed alongside a number of altcoins and although the blockchain has impressive capability, it has yet to find mass adoption due to the lack of a compelling case of use. The FTM price peaked at $ 3.46, only to collapse to a pre-bull …

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GameStop unveils beta cryptocurrency wallet and upcoming NFT platform

American electronics retailer GameStop has taken a step into the world of cryptocurrencies, unveiling a proprietary blockchain wallet that will include unobtrusive token functionality. The GameStop Wallet will allow gamers to purchase, send and store Ether (ETH), ERC-20 and NFTs tokens through a self-contained browser extension running the Ethereum blockchain. A mobile app is also …

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Genomics company explores NFTs in hopes of advancing precision medicine

Non-detachable tokens (NFTs) are expected to have a huge impact on society. Given this, it should come as no surprise that the health sector worth a trillion dollars has begun researching NFT tokens to advance medicine. It is also important to note that blockchain technology can play an increasingly important role in healthcare. This was …

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Targeted phishing scam nets $438K in crypto and NFTs from hacked Beeple account

Digital artist and creator of the popular non-fungible (NFT) token Mike Winkelman, better known as Beeple, hacked into his Twitter account on Sunday, May 22, as part of a phishing scam. Harry Danley, a security analyst at MetaMask, warned users that the then-Biffle tweets containing a link to a Louis Vuitton NFT collaboration lottery were …

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Empowering artists and charities to embrace the digital movement

Depending on who is asking, NFTs are either a new and exciting way of investing, or a bearish, excessive sector. Regardless, journalists, investors and collectors have paid significant attention to the growing NFT market over the past year. NFTs continue to be one of the most popular entry points to Web3, an opportunity for everyone, …

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Why is Ethereum used for NFTs?

When selecting any blockchain for embedding NFTs, such as Ethereum for NFT development, ensure the robustness of its smart contracts, check the structure of the blockchain commissions, security measures and transaction speed, and evaluate the possibility of splitting. In the cryptocurrency market, NFTs are a significant niche. They provide additional exposure to cryptocurrencies to people …

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The tools for a truly decentralized future

Participants in the BlockDown Croatia 2022 festival witnessed Quintelgraph discussions around the socio-politics of Web3’s ecosystem, unchangeable tokens (NFT) and Metaverse. It turns out that ongoing innovations across the ecosystem of crypto are well placed to dictate the future of media and entertainment. While crypto continues to blur the lines between the virtual and physical …

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Blockchain, crypto set to take sports industry beyond NFT collectibles

Bitcoin (BTC) has been cited as the most notable use case of blockchain, showing the ability of technology to successfully deliver an unchanged and truly decentralized ledger over the past 13 years. In addition to years of innovation since – seeing the introduction of altcoins, unchangeable tokens (NFT), distributed finance (DeFi) and more, a study …

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