News

NFT floor prices fall, project founders and holders lose interest

By Manjul Mishra Mar 18, 2023

SNEAK PEEK The last 12 months have been unfortunate for NFT projects. Project owners and holders have been losing interest …

News

DappRadar concludes SVB crash hurting NFT trading volumes

By Manjul Mishra Mar 17, 2023

SNEAK PEEK March 11 recorded the lowest figure since November 2021 with only 11,440 traders being active. Popular Projects like …

News

Nuqtah announces raising seed funding from Animoca Brands and Polygon

By Manjul Mishra Mar 16, 2023

SNEAK PEEK Saudi Arabia’s first licensed NFT platform Nuqtah backed by Animoca Brands and Polygon through seed funding. Nuqtah will …

Polygon has collaborated with Unstoppable Domains to create Web3 “.polygon” domain names. The move will enable users to log in to Web3 apps, utilize human-readable wallet addresses, and make decentralized websites. Over 180 million users and 40,000 services throughout the Polygon ecosystem will have access to the service. Unstoppable Domains utilizes Polygon for the purpose of minting decentralized domains without any gas fees. Until now, the number of domains registered on the Polygon blockchain is around 2.7 million. By using “.polygon” domains, users can create digital identities that are compatible across 750 apps, metaverse platforms, and games. Moreover, these can be used as far as logging in to Web3 applications like decentralized websites and crypto wallet addresses are concerned. Unstoppable Domains enables users to make profiles that are possible to link to social media channels and work like a digital identity across both Web3 platforms as well as networks. Sanket Shah, Polygon Labs vice president of business development, highlighted the significance of unlocking user-acquired digital identities for Polygon users. He said that Web3 domains will offer a digital identity to their community; thereby, allowing them to log in to decentralized applications without sharing personal details and transacting cryptocurrency without any lengthy wallet addresses. Access to premium “.polygon” gaming and digital domains will also be provided by Unstoppable Domains from March 16. Over the last year, decentralized domain services such as Ethereum Name Service and Unstoppable Domains have become famous and experienced significant growth in the number of domains registered.

News

Polygon Labs joins Unstoppable Domains to launch .polygon Web3 domains

By Manjul Mishra Mar 15, 2023

SNEAK PEEK .polygon domains will offer a portable identity to users across 750 plus dApps, games and metaverses. Unstoppable Domains …

News

Meta to discontinue NFTs across Instagram and Facebook

By Manjul Mishra Mar 14, 2023

SNEAK PEEK Meta is discontinuing NFTs on its platforms owing to the cryptocurrency market undergoing a downfall. The platform launched …

News

OpenSea users’ identities likely to be exposed to a deanonymization vulnerability

By Manjul Mishra Mar 13, 2023

SNEAK PEEK Imperva disclosed a vulnerability in OpenSea that was capable of exposing users’ details like phone numbers and email …

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Crypto exchange Huobi announces discontinuing NFT services on May 13

By Manjul Mishra Mar 10, 2023

SNEAK PEEK The maintenance and update of Huobi Cloud Wallet will terminate on February 13 followed by NFT services discontinuation …

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Yuga Labs slammed by Ordinals creator for “Degenerate” Bitcoin NFT auction

By Jerry Christopher Mar 09, 2023

SNEAK PEEK Ordinals’ inventor believes the Bitcoin NFT auction of Yuga Labs is leading to a precedent that can benefit …

News

Amazon to launch NFT platform and tie NFTs to real-world assets

By Manjul Mishra Mar 08, 2023

SNEAK PEEK Amazon is looking forward to connecting digital collectibles to physical goods delivered to customers in the comfort of …

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Yuga Labs’ recent Bitcoin NFT collection TwelveFold grabs highest bid of $160K

By Manjul Mishra Mar 07, 2023

SNEAK PEEK Yuga Labs has earned revenue worth $16.5 million from the auction of 288 NFTs in its TwelveFold collection. …

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Yuga Labs’ TwelveFold collection auction to end today, March 6

By Manjul Mishra Mar 06, 2023

SNEAK PEEK Yuga Labs TwelveFold, a collection of 300 Bitcoin NFTs, auction to end today a bit before 3PM PT. …

News

Galaxy predicts Bitcoin NFT Market to reach $4.5 billion by 2025

By Manjul Mishra Mar 04, 2023

SNEAK PEEK According to a report by Galaxy Digital analysts, Bitcoin Ordinals’ rapid growth during the last month is just …

News

OpenSea upgraded to Seaport 1.4, Seaport 1.1 to discontinue

By Manjul Mishra Mar 03, 2023

SNEAK PEEK OpenSea upgraded Seaport 1.1 to 1.4 today, i.e. March 3, 2023. All orders will be on the new …

News

Binance’s AI-backed NFT generator Bicasso mints 10,000 NFTs in 2.5 hours

By Manjul Mishra Mar 02, 2023

SNEAK PEEK Bicasso’s initial pilot has completed 10,000 NFT mint in 2.5 hours of being launched. The AI-powered generator converted …

News

Pacman believes NFTs growth will lead to more market makers

By Manjul Mishra Mar 01, 2023

SNEAK PEEK Pacman disclosed a lot of ongoing confusion regarding trading activity of MMs and collectors. The expansion of NFTs …