NFT

OpenSea houses 10,325 NFT collections based on the research conducted by Meta Generation in March.

Social networking platform Reddit plans to debut an NFT marketplace which will allow users to buy avatars or profile pictures for a fixed amount.

On Monday, Chinese business giants, including Tencent, launched a "self-disciplinary initiative" to eradicate speculation in the NFT industry.

Coca-Cola has confirmed the launch of a new Pride NFT collection in collaboration with Rich Mnisi, a designer and an advocate for LGBTQIA+ rights in Africa.

OpenSea users are not happy about the incident and some vented their frustrations on Twitter.

"These actions are calculated, intentional, and willful with the stated purpose of causing actual and monetary harm to Yuga Labs and the holders of authentic Bored Ape Yacht Club NFTs," Yuga Labs said.

Since its founding, KnownOrigin has seen significant growth as it has revolutionized the way people create, buy, and sell NFTs.

Registered Binance users in select countries will also be able to purchase the collections using Binance Pay.

To kick off the NFT Marketplace, IMVU is collaborating with metaverse-native luxury fashion house Auroboros to host a design challenge. 

Major factors fueling the momentum of NFT growth include the increasing influence of celebrities on NFT adoption, revolutionizing the gaming industry and the slow but continuing rise in demand for digital artworks.

"NFTs saw explosive growth in 2021, but this growth hasn’t been consistent and has leveled off so far in 2022."

"We’ve received credible information that there may soon be an attack on our social media accounts," Yuga Labs said.

Kevin Lynch is set to enter the NFT industry by launching his first collection, which will focus on the images of the late Kobe Bryant that were captured by the photographer.

The Securities and Futures Commission said there are cases where NFTs have "crossed the boundary between a collectible and a financial asset."

A former product manager at OpenSea, Nathaniel Chastain, has been arrested in New York in the first-ever digital asset insider trading scheme after he used sensitive information for his own personal gain.

Bids will be accepted in both cryptocurrency and fiat currency (via Monobank), creating a friendly competition for what type of currency can bring the most donations.

NFT marketplace DeepRedSky will accept cryptocurrencies including Bitcoin (BTC), Solana (SOL), and Dogecoin (DOGE), while Ethereum (ETH) and stablecoin Tether (USDT) will be accepted later this summer.

The collection features record-breaking Canadian hockey legend, Wayne Gretzky.

Collectors can look forward to viewing the fine art NFTs by Koller at the Cube Art Fair before the collection is released.

Dubai's Museum of the Future has joined hands with Binance NFT and plans to launch a range of digital products on the blockchain. 

"Although the number of active wallets is also decreasing, the number of buyers is still higher than the number of sellers. We can assume this means that the interest in buying NFT is still present," an NFT markets data platform said.

"This week we’re beginning to test digital collectibles with a handful of US creators and collectors who will be able to share NFTs on Instagram," Instagram CEO Adam Mosseri announced.

While the first drop is from tier two and will be featured beginning Tuesday, the collectibles from the other two tiers will be out starting end of the month. 

The funding will be used to help expand Stakes' team as the company continues to rapidly grow its user base.

"With the official announcement of the metaverse project Otherside, the floor price of BAYC reached a new high of 137 ETH."

Mike Ybarra, president of Blizzard Entertainment, confirmed in a tweet that the company has no plans to explore NFTs.

Emirates also announced that its Emirates Pavilion at the Expo 2020 site will be repurposed into a center for innovation.

The company will issue the limited editions of "Hyundai x Meta Kongz" NFTs on April 20 to commemorate the release of a short film introducing the Hyundai NFT universe concept.

Once purchased, customers can store their collectables in their Line BITMAX Wallet and then send or exchange NFTs with other users via the application.