NFT

Fewocious Announces Details for Long-Awaited PFP Collection

There are few creators as important to the NFT space as Fewocious. A prolific artist since his early teenage years, Fewo’s influential intellectual property has proliferated to the farthest reaches of the blockchain, finding life as large-scale collections and 1/1 auctions alike. As we enter summer, Fewo has unveiled details about the next chapter of …

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What are BRC-20 Tokens? Everything to Know About the Experimental Bitcoin Token Standard

If you think you’re seeing orange, that’s because you are. Twitter is abuzz with users showcasing orange-themed profile pictures to pay homage to $OXBT, a BRC-20 token rapidly gaining traction. If you’re unfamiliar with BRC-20, it’s an experimental token standard that enables fungible tokens to be minted and traded via the Ordinals protocol on the …

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Sotheby’s to Host Largest Ever Live Auction of Digital Art

It seems the Sotheby’s x Three Arrows Capital (3AC) saga isn’t over. Because on May 31, as collections from generative art platform Art Blocks continue to surge, the famed auction house announced plans for a new extensive live auction of significantly important generative NFTs compiled from the now-defunct Singapore-based crypto hedge fund. Set to take …

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Crypto Miners Dodge 30% Energy Tax as Part of US Debt Ceiling Deal

The Alpha: A recent bipartisan agreement on the U.S. debt ceiling may bypass several proposed tax increases, including the Digital Asset Mining Energy (DAME) tax that would have levied a 30 percent tax on energy consumption by crypto miners. Despite progress and President Joe Biden’s confidence, the agreement still requires approval from the House of …

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Upcoming Drops: May 29 – June 4

Let’s face it: The NFT space moves really fast. Considering how quickly things can change in the metaverse, a week in NFTs might as well be a month IRL. Don’t get us wrong — the more people onboarded into the space, the merrier. But because of the constant influx of great art and ideas, it’s …

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Binance Launches NFT Loan Feature

On May 25, Web3 marketplace Binance announced it will allow NFT owners to use their digital assets as collateral to secure loans in Ethereum. Named Binance NFT Loan, the new service is aimed at bringing the advantages of decentralized finance (DeFi) to Binance’s NFT community, letting users unlock the potential of their NFT holdings without …

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Blend Secures Top Spot in NFT Lending With 82% Market Share

Blur quickly gained recognition in the NFT sector, and its lending protocol, Blend, seems to be following suit. Blend’s popularity has skyrocketed since its launch in May, eclipsing its competitors and also dramatically increasing the overall volume of NFT loans. According to data from DappRadar, Blend secured 169,900 ETH ($308 million) in trading volume in …

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