Ethereum Founder Vitalik Buterin suggests the idea of private NFTs whereby the owner would not be known through blockchain data. The concept was added to an Ethereum Research post focused on adding an “ERC721 Extension for zk-SNARKs.” Idea: stealth addresses for ERC721s. A low-tech approach to add a significant amount of privacy to the NFT…
Samsung Electronics has signed a memorandum of understanding (MOU) with partners, including Theta Labs, to operate an NFT ecosystem for its new range of Galaxy mobile phones. “Samsung Electronics is promoting consumer experience innovation that connects non-fungible tokens (NFTs) in the online virtual world to offline real benefits.“ The firm said the NFT ecosystem would…
Anonymous, the global renown hacker group, appears to have aimed its sights at Yuga Labs following a Facebook post from a verified Anonymous account. The post references Nxg4n, Jeremy Cahen, and Ryder Ripps, who have all been extremely vocal recently advancing claims that Bored Ape Yacht Club has Nazi origins. The account that is called…
Recent research from Comparitech shows that NFT thefts are becoming more frequent than ever— and more profitable. The company has kept track of NFT thefts ever since the non-fungible token standard was first introduced and recorded the first stolen NFTs as early as 2020. Since then, over $86.6 million of tokens have been stolen. At…
The NFTs.com domain name has been acquired for $15 million, making it the largest publicly reported domain name sale this year. According to DomainInvesting, the deal was brokered for an undisclosed buyer by Domainer and GoDaddy, while Escrow.com facilitated the purchase. Finalized on Aug. 3, the deal is the largest publicly reported domain name sale…
Nansen, one of the industry’s leading blockchain data and analytics platforms, released a report Tuesday detailing the flow of Ethereum raised through NFT mints in 2022. The “NFT Sales: Where did the ETH go?” report builds on Nansen’s 2021 study, which revealed that most funds raised through NFT mints “were moved into non-entity wallets.” “NFT…
Solana’s (SOL) leading NFT marketplace Magic Eden has announced that it will now support Ethereum (ETH) NFTs on its platform, according to a press release shared with CryptoSlate. The platform stated that it plans to provide multichain solutions for NFT collectors and creators and has launched several tools to make that possible. These include Magic…
Binance launched BAB, a Soulbound Token on the BNB Chain, as a decentralized solution to the KYC requirements for the exchange. Soulbound Tokens are NFTs that are non-transferrable between wallets. The inability to trade the NFT allows it to be used to identify the wallet holder on the blockchain. Data linked to the NFT can…
Luxury jewelry company Tiffany & Co. announced a new NFT project called NFTiff on July 31, which is slated for an August launch. The collection will consist of 250 unique NFTs created as derivatives of verified CryptoPunk NFTs and will each correlate to a real-world 18k gold pendant laced with gemstones and diamonds. We’re taking…
Damien Hirst’s NFT project, Currency, is made up of 10,000 unique art pieces made up of colored spots on an A4 sheet of paper. The artwork is signed, numbered, and includes a hologram watermark similar to a banknote to prevent forgery. In an exciting spin, Hirst decided that owners would have the choice to either…