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CoinGecko, a renowned on-chain platform allowing crypto users to view top cryptocurrency and non-fungible token prices live, crypto and NFT charts, market capitalization, and trading volume, has launched a new tool allowing users to protect themselves from crypto and non-fungible token rug pulls. In this article, we shall explore this new crypto and non-fungible token tool in detail. CoinGecko Launches Rug Pull Detector Tool In a June 18 blog post, the CoinGecko team confirmed through their GeckoTerminal X account that they have unveiled a tool helping crypto and non-fungible token users avoid becoming victims of rug pull attacks. CoinGecko is a crypto data aggregator providing a fundamental Analysis of the digital currency market. In addition to tracking price, volume, and market cap, CoinGecko tracks community growth, open-source code development, major events, and on-chain metrics. STOP getting rugged and DYOR better. Here's how you can use Bubblemaps on @GeckoTerminal to ...

A gaming blockchain built over Ethereum (ETH) is joining forces with a crypto conversion service to streamline how traders purchase non-fungible tokens (NFTs) and digital assets. According to a new press release, play-to-earn gaming platform Ronin (RON) is inking a partnership with Transak, a platform that lets investors purchase NFTs and the ecosystem’s tokens using debit and credit cards, just like they would purchase anything else online. “Transak’s fiat-to-crypto infrastructure is now live on Ronin, offering users a seamless way to purchase RON, USDC, WETH (Wrapped Ethereum) and SLP (Smooth Love Potion) directly with fiat currencies using credit cards, debit cards, and various localized payment methods… In addition to fiat on-ramping, Transak’s NFT Checkout is now integrated into Mavis Market, Ronin’s official NFT marketplace. NFT enthusiasts can purchase digital assets directly using their preferred fiat payment methods, bypassin...

The recently ended year 2024 was the year the non-fungible token market experienced its best of times, its worst of times, and then its best of times again. The NFT market started bullish with notable happenings, including the launching of Bitcoin Puppets, a non-fungible token collection featuring a limited edition of 10,000 NFTs. Earlier in January, the Azuki NFT creator Chiru Labs introduced its Collector Status, a new way to reward collectors, adding more spice to the NFT market. As the Azuki ecosystem grows, we’re kickstarting the flywheel that rewards our community. ⭐️ Introducing Collector Status 1.0 pic.twitter.com/DlKsQpJeCO — Azuki (@Azuki) January 12, 2024 Magic Eden Launched NFT Reward Program Before the end of January 2024, Magic Eden, one of the leading cross-chain non-fungible token marketplaces, launched its reward program, which enabled NFT users to earn redeemable diamonds based on their involvement in the market platform. Later the same...

Doodles, a popular non-fungible token project that previously announced its intentions to transition from a pure NFT startup to a leading media franchise, has seen its NFTs soar +500% in trading sales volume. The resurgence came after the fast food giant McDonalds separately teased collaboration with an identified project. The teaser has gained mainstream attention. • ᴗ • 11/18 pic.twitter.com/LDxlE9pnrx — McDonald's (@McDonalds) November 12, 2024 Doodles And McDonalds Tease An NFT Collaboration Data compiled by CoinGecko.com, an on-chain non-fungible token explorer and a crypto market aggregator renowned for tracking data on crypto prices, volumes, market capitalization, and community growth, shows that Doodles has significantly surged in trading sales volume. In the past 24 hours, the Doodles NFT collection raised a trading sales volume of 766 ETH, up +565% from the previous day. Launched in 2021, Doodles is an IP-driven non-fungible token project...

Neo Tokyo, a renowned play-to-earn gaming platform and the company behind the popular Neo Tokyo non-fungible token collection, has partnered with Unfungible, another non-fungible token project, and a web3 growth consultancy agency, to bolster blockchain-based gaming within its ecosystem. The joint team anticipates bringing masses into non-fungible token-based gaming. Neo Tokyo Integrates Unfungible NFT In an October 10 blog post, Neo Tokyo confirmed inking a strategic partnership with Unfungible to boost non-fungible token gaming within its ecosystem. Blockchain gaming has existed since 2017 and gained wider attention from the video game industry in 2021. Since then, NFT and Metaverse gaming has lost some footing among crypto players, with Neo Tokyo and Unfungible eying to reshape the future of Web3 gaming. We’re excited to announce our strategic partnership with Unfungible, a leading NFT and Web3 growth consulting agency that specializes in crafting organic community-building...

Yuga Labs faces backlash over its new Super Punk World collection. The Super Punk World collection pays homage to the irreverent, early-internet roots of CryptoPunks. Yuga Labs’ decision focuses on preservation and education rather than active development. Yuga Labs, the NFT giant behind the iconic CryptoPunks, has announced it will cease any further development on the project following intense community backlash over its new Super Punk World collection . The decision came after fervent criticism from the crypto community, accusing Yuga Labs of compromising the original essence of CryptoPunks with what some described as a “woke” initiative. The Super Punk World collection On May 20, the official CryptoPunks account launched the Super Punk World collection , featuring 500 pieces of hybridized 3D sculptures. These pieces, created by New York-based painter Nina Abney, were designed to pay homage to the irreverent, early-internet roots of C...

Binance’s venture arm said in a recent X post it did not participate in SkyArk’s latest $15 million funding round , despite the project stating the opposite. In an X post on Jan. 29, the venture arm of Binance said did not take part in SkyArk’s latest financing round in 2024, raising concerns about the circumstances surrounding the apparently false announcement. The statement clarifies that Binance Labs had solely invested in SkyArk in 2021 through its Incubation Season 3 program. SkyArk Chronicles is a project incubated and invested in by Binance Labs in 2021 through Incubation Season 3; please note that Binance Labs did not participate in the project's latest financing round this year. Thank you all for your attention. SkyArk Chronicles 是 Binance… pic.twitter.com/wqu2PBxKGE — Binance Labs Fund (@BinanceLabs) January 29, 2024 You might also like: Epic Games Store welcomes blockchain games despite ‘adults only’ ratings Binance Labs’ s...

Pudgy Milady, an NFT collection that uses generative AI to mimic the styles of Pudgy Penguins and Milady Maker, was originally supposed to be only 7,777 items, but the collection has started issuing new NFTs to 0x7a97A8A3959a50f834B56ab3CA0aB9BA60433028, which is then selling the newly minted tokens. This address also holds other NFT s from a variety of low floor price NFT s, many of which take the strategy of mimicking more successful collections, including FatBored which mimics the art style of Bored Apes and Penguin Punks which mimic the art style of CryptoPunks (but with penguins). The Pudgy Milady collection does not seem to be officially connected to either the Pudgy Penguins collection or the Milady Maker collection; instead, it is just trying to mimic art details from each of those collections.  aww, Pudgy Milady contract owner is a scammer, thats sad. i actually liked those — Jebus.eth (@jebus911) January 21, 2024 Read more: Trump resorts to Bitcoin Ordinals...

According to a Jan. 15 post by CoinGecko on X, just under half of the world’s global fashion brands, including Adidas, Nike, and Puma, have NFT collections. This release comes at the same time the OpenSea CEO, in a Bloomberg interview, expressed the platform’s intention to develop the most compelling use cases for non-fungible tokens (NFTs) amidst a decline in trading volumes. Methodology: This study examined NFT collections launched by the global top 50 apparel brand s, based on Brandirectory’s 2023 market cap ranking and publicly available information, as of January 15, 2024. NFT collections used as mint pass and digital wearables were excluded. — CoinGecko (@coingecko) January 15, 2024 You might also like: Over 50% of tokens listed on CoinGecko since 2014 have died, data shows The study states that nine brand s have a sole NFT collection, while six have introduced two NFT collections each. Regarding the timeline, most fashion brand s initiated their inaug...

A Los Angeles man who posed as Apple support staff to steal NFT s and Crypto has been sentenced to eight years in prison and ordered to repay $1.2 million to victims, according to the Department of Justice (DoJ). Amir Hossein Golshan defrauded hundreds of victims in numerous online scams between April 2019 and February 2023, prompting an investigation from the Federal Bureau of Investigation (FBI). During this time, he raked in roughly $740,000.  Golshan’s most profitable scheme saw him posing as a member of Apple’s support staff to steal NFTs and crypto. The 25-year-old used Apple’s official support line number to gain victims’ trust and offer them an ‘advanced security protocol’ to protect their iCloud. He would then get them to hand over their two-step verification code, log into their iCloud account, and steal what he could. From one victim, he stole a $319,000 NFT and roughly $70,000 in crypto. He later sold the NFT for $130,000 in crypto. He r...

Bored Ape Yacht Club (BAYC), creator of the popular Bored Ape nonfungible token (NFT) collection, announced Thursday that ultraviolet lights used during its ApeFest event in Hong Kong last week likely caused eye and skin injuries reported by attendees. BAYC said in a statement posted to Twitter that an investigation undertaken with event producer Jack Morton Worldwide concluded the UV lighting rigs were the “most likely cause” of the medical issues. Some attendees complained on social media of experiencing eye pain and discomfort during the Nov. 3-5 event. BAYC said it has been in contact with those affected. You might also like: Bitcoin Frogs outpaces Bored Apes as the most popular NFT The incident came during a rocky period for BAYC and the NFT market as a whole, which has plunged from historic highs reached during the pandemic. The collectible digital assets, which verify ownership through blockchain technology, surged along with cryptocurrencies like B...

Speaking at CNBC’s Delivering Alpha event, Jenny Johnson discussed how digital assets are disrupting securitization and the financial markets. Securitization, a practice with over 50 years of history, is undergoing a dramatic transformation, believes Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers. During CNBC’s Delivering Alpha event, Johnson noted that tokenization — the process of converting asset ownership rights into digital tokens on a blockchain — is akin to “ securitization done on steroids ,” a term often used to describe something that exceeds expectations. Johnson’s remarks were part of an Analysis of the future of alternative investment vehicles. The executive noted that available capital and technology disruption have been attracting more companies and CEOs to invest in “things for the future,” like blockchain technology. Johnson said: “One is it allows a payment mechanism. Number two, it allows smart contracts to be programmed into...

The Musée d’Orsay in Paris, which houses the world’s largest collection of Impressionist and Post-Impressionist artworks, is minting non-fungible tokens (NFTs) dedicated to Vincent Van Gogh’s final months.  From Oct. 4, these NFTs will be available for purchase in partnership with the Tezos. There will be two types of NFTs, with 2,300 minted for each class on Tezos. One NFT will provide an augmented reality experience of Van Gogh’s final palette, while the other will be an original digital artwork created by French artist KERU, inspired by Van Gogh’s style. You might also like: British Museum embraces digital collectibles with The Sandbox partnership NFT holders will have the opportunity to win prizes like lifetime museum passes and invitations to museum events. These NFTs are digital souvenirs affiliated with the upcoming  “Van Gogh in Auvers-sur-Oise: The Final Months”  exhibition on Oct. 3.  Start...

Almost 70,000 collections of NFTs now have no market value, dappGambl estimated in a recent report . The non-fungible tokens (NFT) market is going through hard times, as 69,795 out of 73,257 digital collections have a market cap of 0 Ethereum (ETH). According to a report by dappGambl, only 20% of the identified collections have full ownership. It means n early 80% of all NFT collections “have remained unsold.” “This situation is telling of a significant imbalance between the creation of new non-fungible tokens (NFTs) and the actual demand for these digital assets in the current market landscape.” dappGambl The report doesn’t specify which NFT collections have been overviewed but says NFT Scan provided the data. The firm believes that many NFT collections face difficulties with adoption due to the lack of clear use cases, compelling narratives, or genuine artistic value. You might also like: SEC charges ‘Stoner Cats’ NFT creators for selling...

Casey Rodarmor, the creator of Bitcoin Ordinals, clarified that the inscription numbers would only be changed, but not scrapped entirely. Bitcoin Ordinals's creator and chief coder Casey Rodarmor has recently proposed changing the protocol's numbering system, with the aim of simplifying the project's codebase. Since the beginning of the Ordinals protocol, each nonfungible token (NFT) created using Ordinals was assigned an inscription number that was unique. They functioned similarly to serial numbers and have been an integral part of the digital art minted in the protocol. I guess the cat is out of the bag! In short, I think that the effort to keep inscription numbers stable hasn't been worth it, and has led to ugly code and stalled development, since new changes need to be extremely and often awkardly careful not to change the numbers of old… https://t.co/SsEqjdtZFB — Casey (@rodarmor) September 19, 2023 However, Rodarmor believes that keeping the inscription numbe...

Non-fungible token (NFT) sales have witnessed a significant surge after taking a downward curve between Aug. 25 and 29. According to CryptoSlam, NFT sales grew by 36.5% in the past 24 hours, reaching roughly $14.25 million. Per the data aggregator, the total trades are still down by 19% from its local top of $17.61 million on Aug. 17. Moreover, the total number of transactions and the average sale have also registered 9.05% and 32.33% hikes. Per CryptoSlam, the number of transactions has reached 277,997 while the average value of a sale grew to $51. You might also like: NFT market witnesses lowest transaction volume in two years On the other hand, the total amount of wash trades has also risen with the NFT uptrend. According to the data provider, the NFT wash volume has risen by 4.45%, reaching $4.51 million in 28,207 wash transactions. Per CryptoSlam, Ethereum (ETH) remains the preferred blockchain for NFT trades , with a total sales volume of $8.4 million. Polygon (MA...

NFT project y00ts will return the $3 million it received from Polygon Labs and transfer to Ethereum. In this week’s newsletter, read about CBS Studios’ receiving approval for Star Trek NFT trademarks , check out how FC Barcelona acquired investment for its nonfungible token (NFT) initiative, and find out why NFT project y00ts is bridging to another network just months after its previous transfer. In other news, Canadian authorities are trying to create a repository for seized crypto and NFT assets, and don’t forget this week’s Nifty News, featuring Coca-Cola releasing an NFT collection on Coinbase layer 2, Base.  Star Trek trademarks for NFTs: The final frontier The patent application filed by CBS Studios over the Star Trek name’s usage in crypto and NFTs has been approved by the United States Patent and Trademark Office. CBS applied for the patent back in April, which was finally approved on Aug. 8. The trademark included use for digital crypto collectibles and NFT-authenticated ...

The Optimism layer-2 network saw less than 300,000 transactions per day around the time of the upgrade, but this number increased to over 500,000 afterward. Transactions on the Optimism network surged 67% following its June 7 “Bedrock” upgrade , according to a June 26 Twitter thread from blockchain analytics firm Nansen. The network had been seeing less than 300,000 transactions per day before the upgrade , but this figure increased to over 550,000 by the middle of June. Since Optimism's Bedrock upgrade on June 6 Its daily transactions have increased by about 67% to ~500k And gas fees are reduced by about 50% to ~$50k pic.twitter.com/9ACIMMFHbl — Nansen (@nansen_ai) June 26, 2023 Optimism, a layer 2 of Ethereum, implemented its Bedrock hard fork on June 6. It was intended to reduce deposit times and fees, as well as increase the network’s security. According to the June 26 Nansen report, daily fees have fallen from $80,000 worth of Ether (ETH) directly before the upg...

SI's new service, called "Box Office," will allow event organizers to issue commemorative nonfungible token tickets, including pre-attendance and post-event audience perks. On May 2, Sports Illustrated's ticketing subsidiary SI Tickets launched the "Box Office" platform, a self-service event management and primary ticketing solution powered by the Polygon blockchain. Built in conjunction with Web3 software developer ConsenSys, Box Office enables "owners, organizers and hosts the ability to create, manage and promote a fully scalable, paid or free ticketed live sporting event."  As part of the new platform, SI Tickets and ConsenSys are partnering to develop a "Super Ticket" that allows hosts to remain connected to their attendees through highlights, collectibles, exclusive offers and loyalty benefits via NFT technology. "Blockchain is the future of ticketing," SI Tickets CEO David Lane said. "From the moment we launched ou...

An apparent business partner of Rebase's co-founder claims he was pushed out of the firm and funds he owned were moved from a joint crypto wallet. The co-founder of the nonfungible token (NFT) project Rebase is facing a lawsuit from his apparent business partner accusing him of going “rogue” by stealing $2 million from a joint crypto wallet and ousting an apparent co-founder out of the firm. An April 17 filing in a United States District Court in California from Krzysztof Gagacki, who says they’re the co -founder of Rebase, made eight separate complaints against the firm's other co -founder Edmond Truong. Gagacki is demanding a jury trial for breach of contract, breach of fiduciary duty, defamation and trademark infringement. While it is unclear exactly when the professional relationship between the two deteriorated, Gagacki alleged Truong breached a partnership contract on Oct. 27. 2022 by misappropriating $2 million into a separate wallet owned and controlled by Truong wit...