KuCoin has announced raising $150 million pre-Series B funding round led by Jump Crypto. The event also saw the participation of Circle Ventures, IDG Capital, and Matrix Partners. The exchange’s valuation jumped to $10 billion
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Non-fungible token (NFT) markets are starting to feel the pain from the crypto market carnage that’s taken place during the last week. Over the last seven days, NFT sales have dropped 42.85% lower than the
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In a conversation with web3 entrepreneur Tom Bilyeu, Meta CEO Mark Zuckerberg revealed that Instagram has begun testing NFTs. One of Meta’s other platforms, Facebook, will soon adopt similar functionalities. Augmented reality NFTs will be
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The gaming industry is easily one of the largest industries in the world, turning billions upon billions of dollars each year, and involving billions of people, including developers, players, streamers, lore enthusiasts, speed-runners, and countless
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Recently published report suggests a major downtrend in NFT sales. This led to calls of a worrying NFT market sentiment which are gradually being quashed after big performances recently. Nonfungible released a report on the
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U.S. District Judge Jed Rakoff rejected Mason Rothschild’s motion to dismiss in a one-page order after last week’s oral arguments over whether or not MetaBirkins NFTs infringe upon the famous Hermès Birkin luxury handbags. Hermès, whose origins
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Instagram plans to integrate non-fungible tokens (NFTs) from top platforms such as Solana, Ethereum Flow, and Polygon, Coindesk reported. The social media platform is expected to announce a pilot scheme as soon as Monday. According to the report, the platform will focus
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Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and are designed
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Blockchain analytics firm Chainalysis’ latest report indicates that NFT activities have slowed down in 2022, with growth beginning to pick up again since mid-April. The document also noted that growing interest derived from retail investors
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The non-fungible token (NFT) sector has the potential to be worth over $13 billion by the end of 2027, according to a report from research firm MarketsandMarkets. In a report titled, “Non-Fungible Tokens Market by Offering (Business
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