LG to Launch Crypto Wallet Wallypto Later This Year

LG wallyptoLG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software solutions. Wallypto will support only Hedera Hashgraph assets at […]

OpenSea & Other Protocols Will Not Support Any Ethereum Forks, Post-Merge

ethereum2

Ethereum is currently receiving a lot of attention as The Merge update is getting closer. The upcoming update will focus on enhancing all of the cryptocurrency’s protocols in order to make the system more efficient and safe. The upgrade has pushed major entities in the ecosystem to take the position. Many exchanges are forced to […]

The post OpenSea & Other Protocols Will Not Support Any Ethereum Forks, Post-Merge appeared first on Blockonomi.

Hackers Offer to Sell Belarus President Lukashenko’s Passport as NFT

Hackers Offer to Sell Belarus President Lukashenko’s Passport as NFTAnti-government hackers have attempted to sell what they say is an NFT of Belarus President Alexander Lukashenko’s passport. The members of the ‘Belarusian Cyber Partisans’ collective claim to have obtained the passport data of all of the country’s citizens. Cyber Guerrillas From Belarus Try to List NFT Passport Collection on Opensea A hacking group known […]

Comedian Bill Murray’s Wallet Hacked for $186K Worth of Ethereum After NFT Charity Auction

American actor and comedian Bill Murray saw 119.2 ethereum drained from his wallet on September 1, 2022, after Murray held a non-fungible token (NFT) charity auction. Statistics show that most of the tokens and NFTs in Murray’s wallet have been moved, and roughly $556 in token value remains. Bill Murray Loses 119 Ethereum to Hackers […]

FIFA to Launch NFT Platform for Soccer Fans

FIFA to Launch NFT Platform for Soccer FansThe international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops NFT Platform in Partnership With Blockchain Firm Algorand The International Federation of […]

This Week’s NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M

This Week's NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17MNon-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million, Ethereum-based NFT sales are down 23.65% during the past seven days. […]

Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists

Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording ArtistsThe multinational music corporation  Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for the company’s labels and recording artists worldwide. Curio Platform Will Be Universal Music Group’s Dedicated Global Outlet […]

The Wild West: NFT Copyright Infringement is Getting Worse

Copyright infringement, wash trading and other minor to major issues have put NFTs in a gray-zone. Continuous legal problems may potentially cause a number of unfavorable effects on the growth of NFTs as well as their future. Previously, the US-based NFT marketplace Cent officially suspended all transactions of blockchain-backed digital arts on its platform in […]

The post The Wild West: NFT Copyright Infringement is Getting Worse appeared first on Blockonomi.