US-based video game company GameStop has officially launched its non-fungible token (NFT) marketplace on Immutable X and will now support NFTs minted via the Ethereum layer 2 scaling solution. According to the company’s announcement on Monday, the GameStop NFT marketplace will “unlock access to Web3 games and millions of world-class,…
India, where rules and regulations around the crypto sector are still under drafting, is witnessing a big boom. Around 11 percent of the world’s total Web3 talent resides in India, the nation’s primary non-government tech trade body Nasscom said in a recent report. Titled ‘The India Web3 Startup Landscape, An…
CNN, the popular TV news channel and digital media outlet, will no longer continue its non-fungible token (NFT) and Web3 project announced in the summer of 2021. The company confirmed this in a statement on Monday, saying, “we have decided that it’s time to say goodbye to Vault by CNN,”…
Racing giant Formula One has announced that it has filed eight trademarks for its ‘F1′ abbreviation across several sectors of the crypto industry. The move means the popular car racing body is looking to gather a strong foot across the Web3 ecosystem. According to Washington DC-based licensed trademark attorney Mike…
The NBA Top Shot creator Dapper Labs has suspended accounts with connections to Russia citing the EU tightening of the sanctions. The sanctions prohibit companies from offering crypto wallet, account and custody services to accounts with connections to Russia, Dapper Labs said in a statement. It added that its payment…
OpenSea, the biggest NFT marketplace, is now allowing users to list and buy up to 30 digital collectibles in one go. In case of bulk buying, OpenSea will let buyers add up to 30 NFTs, built on the same blockchain, to their cart and finalise the transaction at once. This…
Meta’s Facebook and Instagram users in the US can now connect their digital wallets to the apps and share their NFT holdings with their followers and friends. Facebook and Instagram users in the US now have the ability to cross-post their holdings of digital collectibles on both the apps at…
Collectors of non-fungible tokens (NFTs) are seemingly taking advantage of the slowed down market momentum and making hefty purchases. Numbered #2924, an NFT from the popular CryptoPunks series, was recently sold for a whopping ETH 3,300 or $4.5 million (roughly Rs. 36 crore). The development stirred an excitement among the…
The Walt Disney Company appears to be interested in expanding its Web3 presence as the company is looking to hire “experienced corporate lawyers” to work on “developed technologies”, including non-fungible tokens (NFTs), blockchain, metaverse, and decentralised finance (DeFi). According to the job posting, the Corporate Transactions Group, within the Legal…
Video game development giant Epic Games, famous for the popular title ‘Fortnite’, has unveiled its first NFT game on the platform titled ‘Blankos Block Party’ powered by Mythical Games. Mythical Games first unleashed Blankos Block Party roughly two years ago with an open beta, and it has since claimed that…
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