Audius hacked for $1 million by a malicious proposal
In 2022, the crypto industry is crashing. It is due to high inflation, rising interest rates and a loss of confidence in crypto investments. What is more, there has been an increase in hacker activity lately. In crypto, proposals help communities to make decisions based on consensus. But sometimes, proposals can be malicious. According to Cointelegraph, the music platform Audius passed on
The GameStop crypto and NFT wallet is officially here
On Monday, GameStop announced the global rollout of the beta version of its crypto wallet. This digital wallet announcement comes as the crypto and stock markets are collapsing, so it's definitely not the best moment, but Gamestop appears to be serious about releasing its digital wallet. The GameStop wallet runs on the Ethereum layer 2 mainnet rather than layer 1. In simple
Tiësto will debut his genesis NFT ‘EAGLE’ at EDC Las Vegas
Tiësto is dropping his genesis NFT and exclusive music for NFT holders and there's a way to gain early access. From May 20th to May 22nd, Insomniac is introducing the NFT art gallery at EDC Las Vegas, with artists such as Tiësto, Deadmau5, LIL Texas, Svdden Death, and others, as well as well-known NFT projects such as MoonBirds and Clonex, all
LimeWire NFT Marketplace closes deal of the century with Universal Music Group
Universal Music is embracing web3, unlike any other major label, with a new deal that has just been struck with NFT marketplace LimeWire. LimeWire, a nostalgic brand in peer-to-peer file sharing that died in 2011, is launching in may with new owners and an emphasis on, of all things, NFTs. LimeWire raised $10.4 million in a private auction and investments came
Instagram is currently testing NFT on its platform with Facebook to follow
After months of anticipation, Instagram has finally integrated sharing NFTs into its platform starting with a select few creators in America, but what does this mean for crypto enthusiasts? Last week, Instagram CEO Adam Mosseri revealed that Instagram has begun testing its NFT integration with a select number of creators specifically in the United States. A selected number of creators can now
IMS Business Report 2022: 3LAU, Don Diablo, Steve Aoki & more in top list of NFT sellers
There's no secret that electronic artists have dominated the NFT space, and according to findings published by the IMS Business Report 2022, this is more evident than ever. 64% of all identified music NFT issues worth $55.4m were issued by electronic artists. By a long shot, the most successful artist in this space was 3LAU. Early on, he released NFTs to
YouTube is taking over the NFT space in the best way possible
YouTube is the most recent major social platform to announce its plans to integrate Web3 into its platform; in fact, practically every major platform is gearing up for Web3. Twitter has made its NFT profile images public, Instagram is getting ready to start selling NFTs on the platform, and Spotify is working on plans to incorporate NFTs and blockchain technology into
$625,000,000 stolen from Axie Infinity in one of the largest hacks ever
In 2021 the Polygon network was compromised allowing hackers to run off with $611,000,000. On March 23, a new record has been set for the popular blockchain play to earn system Axie Infinity, a game that allows users to earn money while playing. Axie Infinity is a monster-fighting game in which you play against other teams of Axies, who are cute
Yuga Labs teases insane Bored Ape Yacht Club 3D metaverse
Yuga Labs has been taking the world by storm every day; it is almost impossible to have heard about NFTs and not have seen the Bored Apes Yacht Club. The fastest-growing crypto startup Yuga Labs has hit us with yet another surprise with a new teaser that took everyone off guard, and this is not even a week after the
Universal Music bought a Bored Ape NFT for 361,000$ to manage digital band KINGSHIP
Universal Music Group's 10:22pm label has just bought a Bored Ape NFT (Bored Ape #5537) to manage the UMG digital band KINGSHIP. this is the first NFT from the Bored Ape Yacht Club (BAYC) collection that has been bought by the record label. Bored Ape #5537 is called Noët All. The female character will serve as the manager for the band. Celine Joshua, a former Sony
Tomorrowland and FTX have teamed up to create new digital experiences and NFTs
After Coachella's significant movement with FTX, selling NFTs with major utilities such as lifelong tickets and more, Tomorrowland has followed suit by signing an agreement with FTX Europe. FTX is one of the largest crypto exchanges in the United States and has recently expanded into Europe. The collaboration will aim to provide music fans with non-fungible tokens and Metaverse experiences. In
Ape Rave Club the first ever NFT artist is playing at Tomorrowland
The NFT space is undeniably booming, with the headlines getting wilder by the day, Ape Rave Club is the first NFT artist to perform at Tomorrowland, one of the world's most prestigious music events. Ape Rave Club is emerging from the Bored Ape Yacht Club, one of the most well-known and quickly growing NFT communities. Bored Apes are owned by some of the world's
Pixelmon raised $70,000,000 from the community just to reveal a “horrible mistake”
Pixelmon was founded by Syberer, who made large claims about his future game's fantastic-looking 3D visuals. Pixelmon was able to sell out, resulting in $70,000,000 profit. After much anticipation, the reveal of the graphics for the Ethereum NFT gaming project has gone viral on social media. Pixelmon collectors have transformed the reveal into a laughingstock on NFT Twitter and Discord. https://twitter.com/NSX_RR/status/1497611725142700040?s=20&t=Rg8NSaHGIXr_UCewL3-Z3g Pixelmon is
The Digital Renaissance is a new economy for artists and fans
The Digital Renaissance is a company that will disrupt the current income and traditional ownership system, and create a fair traditional economy for artists, creatives, brands, fans, and investors. The web3 company helps artists exit the stress of being a pawn of the current web2 companies such as Spotify, and youtube that provide artists barely any support. DR (The Digital Renaissance)
Steve Aoki launches his own metaverse: The A0K1VERSE
Steve Aoki has been one of the few entertainers, to always be at the forefront of trends, and the artist is always creating movements. The A0K1VERSE is an exclusive membership community that Steve Aoki and his team built 8 months ago, giving perks for collectors, and members that are active in The A0K1VERSE. The artist has been everywhere, from opening his