NFT News
NFT News

What is Immutable, explained

What is Immutable, and why is it important for blockchain gaming? Immutable is a game development platform that simplifies building Web3 games on the Ethereum blockchain.  Headquartered in Sydney and co-founded in 2018 by James Ferguson, Robbie Ferguson and Alex Connolly, this leading Web3 gaming platform is focused on a mission to bring digital ownership […]

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NFT News

What are Bitcoin ordinals?

What are Bitcoin NFTs? Bitcoin NFTs — aka Bitcoin ordinals, aka digital artifacts — are a way to inscribe digital content on the Bitcoin blockchain.  The Bitcoin ordinals protocol was launched in January 2023 by Casey Rodarmor. The protocol allows inscribing of digital content like art onto the Bitcoin blockchain. Unlike nonfungible tokens (NFTs) on […]

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NFT News

Custodial vs non-custodial NFTs: Key differences

Understanding NTFs Nonfungible tokens, or NFTs, are cryptographic assets on a blockchain that represent unique rare items. In terms of uniqueness, regular blockchain tokens are almost like physical money, such as Bitcoin (BTC) or Ethereum (ETH), and are equal to each other and fungible — can be traded or exchanged. Unlike BTC and ETH,  particular […]

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DeFi News NFT News

The integration of CeFi and DeFi through Binance Bridge 2.0

What is Binance Bridge 2.0? Binance Bridge 2.0 is a new bridge service that gives all popular blockchain networks access to inter-blockchain liquidity. Binance launches Binance Bridge 2.0 to connect Ethereum-based tokens (both listed and unlisted) as BTokens to the BNB Chain. You can use your wrapped BTokens to explore the metaverse, blockchain-based games, decentralized […]

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NFT News

What are wash trading and money laundering in NFTs?

What is wash trading crypto? Wash trading occurs when a trader or investor buys and sells the same securities multiple times in a short period to deceive other market participants about an asset’s price or liquidity. As mentioned, wash trading involves an act in which the same asset is sold and purchased within a short […]

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Cryptonews Deals NFT News

NFT scams: How to avoid becoming a victim

Most common NFT scams When you’re an active NFT trader, you can’t avoid all the scams in the world of nonfungible tokens. The most common NFT scams are phishing, counterfeit NFTs and pump-and-dumps.  The year 2021 was a breakthrough for nonfungible tokens (NFTs). But when something gets popular like decentralized finance (DeFi) and the newest […]

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NFT News

Argentinean Airline Becomes the First to Offer Tickets as NFTs on Algorand

Flybondi started issuing flight tickets as NFTs on the Algorand blockchain.Flybondi – a low-cost airline in Argentina – became the first in its field to launch flight tickets in the form of non-fungible tokens (NFTs). The initiative, dubbed Ticket 3.0, is already available for clients willing to fly to domestic destinations. Eliminating the Usual Restrictions […]

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NFT News

Selling physical items as NFTs, explained

How is it possible to sell real-world items as NFTs? Practically anything can be tokenized these days — and several companies have already started transforming physical items into nonfungible tokens. Perhaps one of the biggest and most compelling use cases to emerge so far concerns property. If you’ve ever bought a place before, you’ll know […]

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NFT News

What are CC0 NFTs, and why are they important?

What are CC0 NFTs? As nonfungible tokens (NFTs) rose to fame over the last couple of years, they were hailed as the solution to digital ownership and intellectual property (IP). However, a new class of NFTs and founders who believe in them have emerged in CC0 NFTs. CC0 nonfungible tokens are to NFT creators as […]

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Altcoin News NFT News

What are phygital NFTs, and how do they work?

What does phygital NFT mean in crypto? Phygital NFTs go beyond just the virtual use cases of NFTs and connect real-world products to the virtual world while relying on Web3 design principles. The world is moving toward an experience economy focused on communities. As more businesses enter markets to serve their customers, one of the […]

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