Creator of Mutant Ape Yacht Club NFT Knock-Offs Pleads Guilty of Rug Pull, Theft

Creator of Mutant Ape Yacht Club NFT Knock-Offs Pleads Guilty of Rug Pull, Theft

Adding to a list of Web3 criminals, French national Aurelien Michel has admitted to having rug-pulled innocent members of the NFT community while also having stolen $3 million (roughly Rs. 24 crore) from a scam NFT project. Michel is the developer behind NFT collection named the ‘Mutant Ape Planet’ series….

Disney, Dapper Labs Team Up to Launch Digital Collectibles App, but Avoid the Term ‘NFT’

Disney, Dapper Labs Team Up to Launch Digital Collectibles App, but Avoid the Term ‘NFT’

Disney has teamed up with Web3 gaming studio Dapper Labs to launch an app for fans to gather digital collectibles. The ‘Disney Pinnacle’ app is aimed at letting Disney fans digitise pin collections. Small and portable, Disney pins come in a variety of designs and represent popular Disney characters, movies,…

‘Discover India Through Digital Art’: Club Mahindra on its First Ever NFT Series

‘Discover India Through Digital Art’: Club Mahindra on its First Ever NFT Series

Club Mahindra, a travel and hospitality firm in India, has announced the launch of its first ever NFT series called ‘Discover India’. Built on the Polygon blockchain, this series of digital collectibles will be generated by Artificial Intelligence (AI), fusing paintings by international artists with must-visit destinations that the country…

OpenSea to Make Royalty Enforcement Tool That Benefited NFT Creators ‘Optional’: All Details

OpenSea to Make Royalty Enforcement Tool That Benefited NFT Creators ‘Optional’: All Details

OpenSea NFT marketplace has decided to put a stop to its Operator Filter tool. This decision will not let NFT creators demand royalty fees on secondary sales of NFTs on other marketplaces. While OpenSea has its reasons behind this decision, it sure is bound to affect the creators of digital…

Music NFT Startup ‘Sound’ Bags  Million in Funding, Snoop Dogg and a16z Pour Millions

Music NFT Startup ‘Sound’ Bags $20 Million in Funding, Snoop Dogg and a16z Pour Millions

The NFT market, despite the recent ups and downs, has managed to contain the steam in the relatively volatile digital assets sector. Sound, a music NFT platform, has managed to raise $20 million (roughly Rs. 164 crore) with investments from biggies of the NFT community, including pop artist Snoop Dogg….

Justin Bieber’s BAYC NFT Worth .3 Million Plummets in Value, Now Stands at Under ,000: Details

Justin Bieber’s BAYC NFT Worth $1.3 Million Plummets in Value, Now Stands at Under $60,000: Details

Pop singer Justin Bieber, who has not hesitated from exploring the digital assets sector, has reportedly been exposed to the financial risks that crypto sceptics keep warning others about. An NFT purchased by Bieber last year for an outlandish price of $1.3 Million (roughly Rs.10 crore) has now crashed to…

German Intelligence Unit BND to Use Dog-Themed NFTs to Fish for Cyber Talent: Details

German Intelligence Unit BND to Use Dog-Themed NFTs to Fish for Cyber Talent: Details

A collection of dog-themed NFTs have been launched by the German intelligence unit, Bundesnachrichtendienst (BND), hoping to attract promising cyber talent from among the public. The BND’s NFT collection will be a gate pass to enter a blockchain-based treasure hunt. People who manage to fare well in this difficult virtual…

Louis Vuitton Jumps on Web3 Wagon, Set to Launch Signature Travel Trunk as NFT

Louis Vuitton Jumps on Web3 Wagon, Set to Launch Signature Travel Trunk as NFT

The ongoing year, up until now, has proven to be profitable for the non-fungible tokens (NFTs) sector. Hopping onboard the NFT frenzy, Louis Vuitton has decided to offer its loyalists a virtual treat. The French high-end luxury brand will transform its iconic travel trunk in the form of a digital…

Former OpenSea Employee Made ‘Free Money’ Off NFTs, Says US Prosecutor

Former OpenSea Employee Made ‘Free Money’ Off NFTs, Says US Prosecutor

A former employee of OpenSea, the world’s largest marketplace for non-fungible tokens (NFTs), used inside knowledge of which assets would be featured on its homepage to make “free money,” a prosecutor said on Monday as an insider trading trial wound to a close. The charges against Nathaniel Chastain, a former…

Donald Trump Brings Second NFT Collection After Harvesting Around  Million From First: Details

Donald Trump Brings Second NFT Collection After Harvesting Around $1 Million From First: Details

Donald Trump, the controversial former President of the US, has decided to venture deeper into the Web3 world by launching a brand-new collection of non-fungible tokens (NFTs). The American billionaire has chosen the Polygon blockchain to support this second series of digital collectibles. In total, 47,000 digital cards showing Trump…