NFT News
Welcome to Coin Edition’s page on NFT News! On this page, we talk about all the latest news and developments of your favorite NFT projects and marketplaces. Coin Edition ensures that you, our readers, are up to date with NFT News happening 24/7 and from all over the globe. NFT News is a huge and prominent topic within the growing blockchain world, and it only continues to grow as we speak. As such, it is our responsibility at Coin Edition to compile all the latest NFT News for posterity’s sake. Therefore, grab your favorite Non-Fungible Token, prepare your gas/minting fees, and let’s jump right into the open sea of NFT News here at Coin Edition.
Bored Ape Yacht Club Creator Yuga Labs Under the Scrutiny of SEC
Yuga Labs, Creator of Bored Ape Yacht under the SEC’s spotlight. SEC launched the investigation to determine if its rules are being infringed upon. We hope to partner with the...
Formula One Files for 8 More Trademarks To Join the Crypto World
Formula One has filed for eight more trademarks to join the crypto world. Mike Kondoudis has shared F1’s trademark filing on Twitter. In 2022, more than 5,800 trademark applications were...
Twitter Community Disappointed by CNN’s Vault ‘Rug-Pull’ Decision
Vault by CNN will stop managing the NFT project community created by them. The Vault’s NFT collection consisted of historic CNN moments and interpretations from digital artists. Many Twitter users...
Logan Paul’s NFT Trends on Social Media, Price Surges 10,390%
Logan Paul’s 0N1 Force NFT surges price by 10,390%. Paul first bought his NFT on August 2021, priced at over $600K; a year later, the price dropped to around $10....
Troubling Signs for Polygon Despite High-Profile Growth Strategy
Polygon has been showing some growth in the Layer 2 space. High-profile collaborations are not going to plan for Polygon. The number of whale transactions for MATIC saw a big...
Cardano Foundation’s New NFT Art Launch: Etter Edition 01
Cardano Foundation tweeted the launch of Etter Edition 01. Etter Edition 01 is a hybrid physical and NFT art project. It is co-created by Christian Etter and Alexander E. Bruner....
U.S. NFT and Blockchain Trademark Filings Surge in 2022
The number of NFT-related trademark applications in the U.S. has already tripled that of 2021. NFT trademark filings peaked in March and have subsequently declined in every month. NFT interest...
High-Rated NFTs Liquidate to Gnosis Safe, Nansen Reports
High-rated NFTs were reportedly moved to Gnosis Safe address. NFT tracker Nansen reported that Starry Night Capital’s collections were also moved to the address. Several other NFTs by digital artist,...
Meta Freezes Hiring, Fear of Layoffs Arise Among Employees
Meta Platforms, formerly Facebook, is freezing its hiring processes. “We want to plan somewhat conservatively,” says CEO Mark Zuckerberg. The tech industry, in general, is facing slow growth. Meta, the...
French Cloth Brand ‘Balmain’ Pioneers NFT Membership on XRP Ledger
The French fashion brand Balmain partnered with MintNFT to start an NFT-based membership. The loyalty program will be powered by the XRP Ledger. The Balmain Thread is the customized version...
Hi Co-founder Says That Their Card is a Gamechanger in The Market
Hi and Mastercard collaborate to offer NFT-avatar customized debit cards. Senior Vice President of Mastercard says that they are committed to making payment accessible to the interested. Membership could be...
Apple To Offer NFTs on IOS for a 30% Commission on Sales
Apple App Store reportedly imposes 30% commission on in-app NFT trades NFT startups are citing these commission fees as impossible to work with. However, Gabriel Leydon, the CEO of web3...
Disney To Hire Corporate Lawyer in Wake of Emerging Technologies
Disney to hire an experienced corporate attorney to work on emerging technologies. Disney wants to use data from the physical and digital worlds to drive its metaverse policy. Disney CEO...
‘India Holding Back on NFT Mass Adoption’: Says Totality Corp CEO
Totality Corp CEO explains why the Indian market is far from NFT mass adoption. Cultural differences and strict crypto regulations account for the stigma around NFTs in India. Rigid cryptocurrency...
NFT Turns Five: Creators and Collectors Celebrate Intl. NFT Day
On September 20, 2017, the term “non-fungible token” was coined. Dapper Labs’ CTO, Dete Shirley, created this term. OpenSea is celebrating the day by highlighting some historic NFT projects. With...
BlockSec Report 2022: 54.5K NFT Contracts Have Privilege Functions
BlockSec and NFTGo 2022 report revealed 54.5k NFT contracts allow privilege functions. 61.8% of NFT projects are over-centralised & 50% are capitalized by one user. Wash trading transaction volume reached...
First Minted NFT After Merge Costs $60,000 in Gas Fee
The first NFT after the Merge was minted for 36.8 ETH, summing to nearly $60,000. The NFT was minted at the block height 15537394. The image features an Ethereum panda...
South Korea’s Metaverse Cities and NFT Citizenship Fascinate Users
South Korea’s Seongnam City to recreate the city in the metaverse. Citizenships for the metaverse city will be provided through NFTs. Operations in the virtual city will initiate by June...
Chicago Bulls Gets Ready To Launch New NFT Collection
The Chicago Bulls announced the company’s collaboration with artists to reconceptualize the basketball team’s logo. THE AUROCHS is a collection of 23 NFTs created by renowned artists. The auction for...
Mean Girls To Make Web 3.0 Comeback With Crypto Collectibles & NFTs
Iconic American teen film Mean Girls (2004) is making a Web3.0 comeback with crypto collectibles and NFTs. Distributor Paramount Pictures issues trademark applications for Rachel and Lindsay, from Mean Girls....
Quarterback Lamar Jackson Files Another Trademark for Film, Music
The American football quarterback Lamar Jackson files a trademark to offer music, films, and video production. Previously, Formula One filed a trademark to offer sporting equipment, clothing, and e-wallet payment...
Michael Robinson Illustrates the Use-cases of Dynamic NFTs in a Tweet
Michael Robinson demonstrates the use cases of dynamic NFTs. The metadata can change based on varying conditions and external data. dNFTs have applications in automobiles, blockchain gaming, retail stores, and...
Japanese Government Rewards Top Local Authorities With NFTs
The Japanese government awards its mayors with non-transferable NFTs. The recipients were recognized for their technological ingenuity. Tokens issued on the Ethereum blockchain follow the Proof of Attendance Protocol (POAP)....
Film Director Launches NFT to Support Women’s Charity
Artist and Director Charlotte Colbert launches NFT based on “She Will” movie; proceeds to fund End Violence Against Women. The NFT titled ”Why are we taught to fear the witches?”...
The Sandbox Game Instagram Account Falls Victim to NFT Scam
The Instagram account of the Sandbox metaverse game has been hacked. Attackers are trying to dupe users with a fake NFT giveaway. The account was compromised despite having 2FA enabled....
