#news
๐ NFPrompt, Backed by Binance, Reveals Losses to Hackers in Security Breach
๐ Binance-backed platform NFPrompt has fallen victim to a hacking incident, resulting in significant losses of user funds and portions of the platformโs treasury. The breach, disclosed on March 15, exposed vulnerabilities that allowed hackers to infiltrate wallets and gain control over funds, including those from NFPโs treasury and ecosystem fund. Additionally, the hackers targeted wallets belonging to NFPโs contract administrators.
๐ In response to the attack, NFPrompt swiftly took action by transferring all smart contract ownerships to new addresses to mitigate further risks. Assuring users, the platform declared that NFP tokens and assets on NFPrompt are now secure.
๐ Binance-backed platform NFPrompt has fallen victim to a hacking incident, resulting in significant losses of user funds and portions of the platformโs treasury. The breach, disclosed on March 15, exposed vulnerabilities that allowed hackers to infiltrate wallets and gain control over funds, including those from NFPโs treasury and ecosystem fund. Additionally, the hackers targeted wallets belonging to NFPโs contract administrators.
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๐ NodeMonkes Market Cap Surpasses Bored Ape NFTs Amid Bitcoin Ordinals Surge
๐ฅ Bitcoin Ordinals project NodeMonkes has surged past the renowned Bored Ape Yacht Club in terms of market capitalization, marking a significant milestone in the realm of non-fungible tokens (NFTs). As per data from Magic Eden, NodeMonkes boasts a market capitalization of 7,300 BTC, equivalent to approximately $490 million, while the Bored Ape Yacht Clubโs market cap sits at 136,500 ETH, roughly $483 million, according to NFT Price Floor.
๐ Although Ethereum-based collections have regained their lead for now, the competition remains tight, with a mere $30 million separating the market caps of these two prominent NFT collections.
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๐ Square Enix Ventures into Web3 and NFT Gaming with HyperPlay Investment
๐ Square Enix, the renowned Japanese tech giant behind beloved gaming franchises like Final Fantasy and Kingdom Hearts, has made a strategic move into the realm of Web3 and blockchain technology. Partnering with HyperPlay, a crypto-native gaming platform, Square Enix has invested an undisclosed sum to bolster the development and expansion of HyperPlayโs game store. This collaboration marks Square Enixโs latest endeavor to embrace emergent technologies. The investment will fuel the growth of HyperPlayโs platform, which is aimed at revolutionizing game distribution and fostering innovative business models that are advantageous to developers.
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๐ BlackRock Gains Memecoins and NFTs Following $100M USDC On-chain Deposit
๐ฅ BlackRock, the financial behemoth with a portfolio exceeding $10 trillion, recently ventured into the dynamic world of digital assets in a manner thatโs catching everyoneโs attention. Following a substantial $100 million deposit into Ethereum, the firmโs associated wallet began receiving an eclectic mix of digital assets, including memecoins and NFTs, marking a bold stride into cryptocurrency tokenization.
๐ Observers took note as the wallet, tied to BlackRockโs pioneering tokenization fund, saw inflows of diverse assets. This included the Bitcoin-based Ordinals Pepe coin and the CryptoDickbutts S3 NFT, alongside 500,000 unshETHing_Token and 10,000 Realio Network tokens, cumulatively valued at over $25,000. Particularly notable was the surge in the Realio Network token, which jumped 47% post-transfer, showcasing the marketโs reaction to BlackRockโs involvement.
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๐ Magmic Unveils New MLB-licensed Idle Tycoon Game with Web3 Integration
๐ฅ Magmic, a renowned mobile gaming firm, has taken a significant step into the future of gaming by announcing a new venture at the Game Developers Conference in San Francisco. The company revealed its plans for a mobile and browser-based game under the Major League Baseball (MLB) license, marking a significant expansion into Web3, NFTs, and blockchain-based gaming. This innovative project promises to blend traditional gaming with the latest in digital asset technology.
๐ The yet-to-be-named game falls into the โidle tycoonโ genre, allowing players to craft and evolve their own baseball stadium experiences. Notably, the game has secured both MLB and MLB Players Association licenses, underscoring its authentic engagement with the baseball world. According to Magmic CEO Mo Agha, the game will enable players to build their dream MLB ballparks and engage in player trading, enhancing the strategic depth of the gameplay.
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๐ March Sees Another $16M Sale in the CryptoPunks NFT Collection
๐ฅ In the bustling world of digital art and cryptocurrency, the CryptoPunks collection once again makes headlines with a monumental sale. This March, CryptoPunk #7804 fetched a staggering 4,850 ETH, which translated to approximately $16.4 million at the point of transaction. This sale not only underscores the vibrant activity in the NFT marketplace but also marks it as the second-largest price ever paid for a CryptoPunk piece.
๐ Earlier in the same month, another piece from the collection, CryptoPunk #3100, was sold for 4,500 ETH, rounding up to about $16 million. This places it as the third-highest sale within the collection, just after the sale of #7804. These two significant transactions have propelled CryptoPunks back into the spotlight, highlighting the enduring value and appeal of these digital collectibles.
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๐ Starbucks Announces Termination of NFT Rewards Program
๐ฅ Starbucks has made a surprising announcement, revealing the end of its NFT rewards program, Odyssey Beta, scheduled to conclude on March 31. This move, though unexpected, reflects a trend seen among major corporations lately. The program, which allows customers to earn and purchase digital collectible stamps in the form of nonfungible tokens (NFTs), will make way for new initiatives within the company.
๐ During its tenure, Odyssey Beta provided users with engaging coffee-themed games and challenges, rewarding them with digital stamps that offered access to various benefits and interactive experiences. However, Starbucks has decided to shutter both the marketplace where users traded these digital stamps and the associated community Discord server.
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๐ Indonesian Selfie Sensation Secures $1.8M in NFT Memecoin Triumph
๐ Sultan Gustaf Al Ghozali, an Indonesian college graduate famed for earning a significant sum by selling his daily selfie non-fungible tokens (NFTs) on OpenSea, has once again captured the crypto communityโs attention. This time, he achieved a remarkable milestone by raising $1.8 million through a memecoin presale, signaling a notable comeback.
๐ The presale for Ghozaliโs latest project, a hybrid of memecoin and NFT on the Base blockchain, quickly surpassed its goal, amassing 527 ETH, equivalent to around $1.8 million. Ghozali assured his followers on X that contributions exceeding the presale cap would be refunded, demonstrating his commitment to fairness in this new venture.
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๐ Tensor Foundation Reveals Blueprint for TNSR Token in Solana NFT Marketplace
๐ฅ The Tensor Foundation, newly established to support the Solana NFT marketplace Tensor, has unveiled its strategy for the TNSR token, aiming to shape the governance of the platform as it looks towards a future propelled by non-fungible tokens (NFTs). Launched in 2022, Tensor has emerged as a significant player in the Solana NFT ecosystem, competing vigorously with platforms like Magic Eden for dominance in the market. Presently, Tensor commands a substantial 33.49% of the NFT market share, as per data from NFT explorer Tiexo, within Solanaโs overarching 62.16% share.
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#news
๐ March Sees Another $16M Sale in the CryptoPunks NFT Collection
๐ In the bustling world of digital art and cryptocurrency, the CryptoPunks collection once again makes headlines with a monumental sale. This March, CryptoPunk #7804 fetched a staggering 4,850 ETH, which translated to approximately $16.4 million at the point of transaction. This sale not only underscores the vibrant activity in the NFT marketplace but also marks it as the second-largest price ever paid for a CryptoPunk piece.
๐ Earlier in the same month, another piece from the collection, CryptoPunk #3100, was sold for 4,500 ETH, rounding up to about $16 million. This places it as the third-highest sale within the collection, just after the sale of #7804. These two significant transactions have propelled CryptoPunks back into the spotlight, highlighting the enduring value and appeal of these digital collectibles.
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๐ Azuki NFT Teams Up with Arbitrum to Create Global Anime Network
๐ In a strategic move that bridges the gap between blockchain technology and the anime industry, the Arbitrum Foundation has partnered with Azuki and the Web3 Foundation. This partnership aims to launch AnimeChain, a web3 network dedicated to enhancing the global anime experience. AnimeChain promises to unify anime content, games, merchandise, and NFTs into one comprehensive ecosystem. Leveraging Arbitrumโs advanced blockchain technology, the platform seeks to transform how fans engage with both original and licensed anime content.
๐ฅ The initiative follows the Arbitrum Foundationโs recent announcement of a significant investment in gaming. With a 200 million ARB fund, approximately valued at $344 million, the foundation plans to support gaming projects on their blockchain over the next two years. Additionally, the foundation has committed to financing a feature film produced by Oscar-winner Shane Boris.
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๐ Logan Paul Defends CryptoZoo Project as Not a Scam in Latest Documentary
๐ In a revealing new documentary, Logan Paul addresses the controversy surrounding his CryptoZoo project, arguing that it was not a deliberate scam but rather a venture that exceeded his managerial capabilities at the time. The film, titled โ5 Months with Logan Paul,โ features a candid discussion between Paul and journalist Graham Bensinger, focusing on the backlash and financial losses faced by investors.
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๐ Breaking News: Unleash Your Cosmic Creativity with "Space Eggs" NFTs! ๐
๐ Attention, NFT Enthusiasts! The clock is ticking, and Space Eggs are vanishing into the vastness of the NFT universe! ๐ฐ๐
๐ Act swiftlyโonly a handful of these celestial treasures remain. Secure your spot in the cosmos by owning one of these limited-edition NFTs! ๐ธโจ
๐จ Each Space Egg encapsulates the allure of the cosmos in a mesmerizing digital masterpiece. ๐
๐จ Time is of the essence! Don't miss your chance to be part of this interstellar art revolution. Grab your Space Egg NFT before they vanish into the cosmos! ๐ช๐พ
๐ Hurry! Limited availabilityโjoin the cosmic journey now! ๐
โ๏ธ โ๏ธ 5๏ธโฃ ๐ค ๐ค ๐ค ๐ค โ๏ธ โ๏ธ
๐ Attention, NFT Enthusiasts! The clock is ticking, and Space Eggs are vanishing into the vastness of the NFT universe! ๐ฐ๐
๐ Act swiftlyโonly a handful of these celestial treasures remain. Secure your spot in the cosmos by owning one of these limited-edition NFTs! ๐ธโจ
๐จ Each Space Egg encapsulates the allure of the cosmos in a mesmerizing digital masterpiece. ๐
๐จ Time is of the essence! Don't miss your chance to be part of this interstellar art revolution. Grab your Space Egg NFT before they vanish into the cosmos! ๐ช๐พ
๐ Hurry! Limited availabilityโjoin the cosmic journey now! ๐
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opensea.io
Space Eggs Official - Collection | OpenSea
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#news
๐ SUCCESSFUL LAUNCH PROPELS PIXEL TOKEN INTO CRYPTO GAMING
๐ฎ PIXELS is a retro-style farming and social game, reminiscent of popular titles like Harvest Moon and Stardew Valley. What sets it apart is its incorporation of a crypto token economy with NFT land plots and pets.
๐ Initially built on Polygon, PIXELS migrated to Ronin last fall โ a gaming-centric Ethereum scaling sidechain. This move aimed to improve the gameโs blockchain infrastructure, providing a smoother and more efficient gaming experience for its users.
๐ผ The current market capitalization of PIXEL is estimated at $441 million, based on its circulating supply. This puts it within the top 200 most valuable cryptocurrencies in the market. With 771 million tokens currently in circulation out of a maximum supply of 5 billion, the fully diluted valuation exceeds $2.8 billion.
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๐ Nifty Island, an Ethereum-Based Game, Rolls Out a New Speedrun Challenge for NFT Rewards
๐ฅ Nifty Island, a notable game on the Ethereum blockchain that emphasizes user-generated content, has recently announced a significant event. The game is set to introduce a two-part speedrunning challenge titled โBreak the Targets.โ This new endeavor aims to engage both level creators and players, providing an opportunity to display their talents and secure rewards in the form of Non-Fungible Tokens (NFTs).
๐ The challenge begins with a creative phase over the weekend, where level creators are invited to craft unique courses based on the โBreak the Targetsโ play mode. These courses are designed to test playersโ abilities to complete runs as quickly as possible while targeting specific objectives. The community team will select the top three most inventive courses. These will serve as the arenas where players compete to establish record times.
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๐ Munchables Overhauls Security Measures and Development Team Following $68 Million Heist
๐ฅ In a swift response to a recent security breach, Munchables, the Ethereum-based NFT gaming platform, has announced comprehensive measures to bolster its operational and contractual security. The incident, which saw over 17,400 Etherโvalued at approximately $3,370 eachโstolen by a rogue developer from within the organization, prompted an urgent overhaul of the platformโs security protocols. Remarkably, the stolen funds were returned voluntarily by the developer without any ransom demands, mitigating the potential financial catastrophe.
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๐ OpenSea Introduces Support for the ERC-721C Programmable Earnings Standard
๐ฅ OpenSea, the leading platform for non-fungible token (NFT) trading, has announced its support for the ERC-721C token standard. This innovation empowers creators with the ability to set and enforce on-chain royalties through a streamlined process. Created by blockchain gaming company Limit Break in May, the ERC-721C standard addresses the issue of NFT wash trading by establishing uniform conditions for token transfers, including royalty agreements, across various platforms.
๐ The compatibility for ERC-721C on OpenSea became feasible following the Ethereum networkโs Dencun upgrade on March 13. This development signifies a major step forward in ensuring creators receive their rightful earnings. OpenSea elaborated that sales enforcing creator earnings under the new standard would be confined to OpenSea and select marketplaces integrated with Limit Breakโs Payment Processor.
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๐ Upland Gaming Platform Initiates Airdrop Series in Collaboration with NFTNYC
๐ฅ Upland, the vibrant metaverse platform, has officially announced the launch of its much-anticipated โShare & Buildโ airdrop series. This initiative was unveiled by co-founder Dirk Lueth at the NFTNYC OMA3 panel, setting a new chapter for digital engagement and community building. The series kicks off with a special offering for NFTNYC participants, granting them an exclusive NFT game piece for the Upland metaverse and a unique signup bonus upon joining the Share & Build platform.
๐ Adding excitement to this launch, Upland has revealed that three โhidden propertyโ NFTs will be integrated into the already sold-out virtual Manhattan, further enriching the user experience. This move underscores the platformโs commitment to innovation and user engagement in the evolving digital landscape.
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๐ Coachella Unveils Blockchain-Based Quest Game Featuring Avalanche NFTs at Music Festival
๐ Coachella Music Festival attendees are in for a treat this year as they embark on a unique journey with Coachella Quests, a blockchain-based game designed to enhance their festival experience. Developed by Coachella Innovations in collaboration with Ava Labs, creators of the Avalanche blockchain, this game introduces a novel way for festival-goers to engage with the event and earn exclusive rewards.
๐ฅ As participants complete various quests both at the festival grounds and on the Coachella Discord server, they will collect stamps and points. These can be exchanged for special festival benefits such as access to the Oasis VIP lounge, unreleased music, and even a rare NFT that includes guest passes for the 2025 festival.
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