The game’s creator, Sky Mavis, has raised $150 million to reimburse users affected by the theft
Investors in the funding round include VanEck, Circle Ventures, RRE Ventures and Foundation Capital
Trading volumes are way up, but experts say new financial primitives are needed to take NFTs to the next level
Blockworks Exclusive: The pseudonymous consignor shocked Sotheby’s auction house earlier this year when he withdrew his lot of CryptoPunks minutes before a sale
Nexo customers can earn up to a 12% annual percentage rate for holding ApeCoin (APE) with the crypto platform
The move by the tech giant could “legitimize NFTs,” Deutsche Bank said in a report
Defendants had plans for a follow-up NFT collection after siphoning funds from their first project, Frosties, according to a criminal complaint
The number of minted profitable NFTs is increasing over time, while that of NFTs with little trading activity is gradually decreasing
Funding will go towards staff expansion, product development and building on Phi Labs’ protocol Archway in the Cosmos ecosystem
Blockworks Exclusive: Nexo Ventures will deploy capital into corners of crypto including NFTs, GameFi and the metaverse
Yuga Labs, the creator behind blue-chip NFT collection BAYC, notched a $4 billion post-money valuation on its latest raise
More than 50 cryptocurrency companies have been put on notice for “misleading” and “irresponsible” advertisements
HubSpot – which stores users’ names, email addresses and phone numbers – said that the breach was a “targeted incident focused on customers in the cryptocurrency industry”
The purchased ape — named “Manager Noët All” — will lead the company’s virtual NFT band Kingship
Mina is the creator of a proof-of-stake protocol which bills itself as the “world’s lightest blockchain”
HSBC is the first global bank to enter The Sandbox metaverse, joining a swath of other big brands including Warner Music Group, Gucci and Adidas
Blockworks Exclusive: DAOs and related startups made up an “overwhelming number of applicants” for a Web3 accelerator’s cohort this year
Security concerns, however, didn’t seem to slow the growth of the booming industry, which reached $17.7 billion in sales last year