Non-fungible tokens (NFTs) have skyrocketed in popularity within the past year, eclipsing $23 billion in total volumes over the course of 2021. According to the latest DappRadar report, NFTs have continued with a similar trend this year, with the number of unique traders and sales increasing by 8% and 2%, respectively. These metrics come as …
Universal Music Group just purchased a Bored Ape Yacht Club Ethereum NFT and spent about $365,000 on it so let’s read more about it in today’s latest Ethereum news. The record label Universal Music Group purchased a BAYC NFT to create a character for the virtual band initaitive Kingship. The Bored Ape NFT owners can […]
Universal Music Group (UMG.AS) is leveraging the popularity of non-fungible tokens (NFT) by appointing one of the digital collectibles’ most popular cartoon apes to manage an entirely virtual music group. On Friday, Universal’s 10:22 PM label announced that it paid $360,817 for Bored Ape #5537, a female character now known as Manager Not All, to...
Ethereum is gaining on bitcoin with the crypto up to a new recent high, just crossing $2,870, while bitcoin has kind of sideway dipped from $41,500 to now $40,700. Ethereum’s...
Coinbase, the largest crypto exchange in the US, has rolled out support for the Solana ecosystem, bringing a whole host of new tokens and features to the Coinbase wallet. “Over the past year, there has been an explosion of interest in web3 and decentralized applications, including NFTs and decentralized finance (DeFi),” the exchange said in […]
Coinbase Wallet browser extension now offers support for sending, receiving, and storing Solana and SPL tokensBy Adam Zadikoff, Senior Product ManagerMaking web3 more user-friendly means...
The Bored Apes Yacht Club (BAYC) is tokenizing its NFTs in an airdrop that is estimated to give each ape holder some $50,000. “APE is a token made to support...