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Technology

China Imposes Criminal Penalties for Theft of Digital Collections

Theft of digital collections constitutes theft of computer information as per the declaration. Collections should be recognized as property in the framework of criminal law. The...

Coatue Management Writes Down Investment in OpenSea by 90%

Investment in MoonPay was similarly written down by Coatue by 90%. OpenSea said on November 3 that it will be reducing its workforce by half. Coatue...

Yuga Labs ApeFest Attendees Complain of Severe Eye Issues

ApeFest 2023 was held in Hong Kong from November 3 to November 5. At least 15 allegations of impairment of vision have surfaced online. The parent...

Yuga Labs and Magic Eden Partner to Launch New NFT Marketplace

The two corporations have made it expressly plain that creator royalties are non-negotiable. Yuga Labs CEO Daniel Alegre said that the firm will continue to...

October Records $99 Million Boost in NFT Trade Volume: DappRadar

Trading volume climbed 32% from $306 million in September to $405 million in October.  The first half of this year has been challenging for many...

Elon Musk Calls NFTs as JPEG URLs

Elon Musk highlighted that NFTs are often just URLs linking to JPEG images. Musk aims to transform X into a one-stop financial solution for people. In...

From 2017 ICO to New Product Launches This Year: Origin Protocol Celebrates Six Years of Growth

Origin Protocol has grown through several bull and bear markets, supporting the mainstream adoption of crypto through its innovative products that leverage Ethereum’s blossoming...

Cristiano Ronaldo and Binance Yet Again Team Up for New NFT Collection

The CR7 ForeverZone, the third NFT collection from Cristiano Ronaldo and Binance, offers fans across the globe cutting-edge and exclusive opportunities to connect and...

Pudgy Penguins NFTs Witnesses Over 500% Surge in Trading Volume

The Pudgy Penguins Toy Collection was recently released at over 2,000 Walmart shops. As of May 2023, the project secured a massive $9 million in...

Yuga Labs Announces Layoff Citing Global Economic Circumstances

CEO Daniel Alegre relayed the news to the team, underlining the move’s need. Yuga Labs’ worldwide staff is preparing for the possibility of structural changes. The...

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