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The Latest Breaking News from NFT

Is GameStop Stock a Buy Following Its NFT Debut?

Specialty Retailer GameStop (GME) debuted its NFT marketplace last month. However, with its bleak bottom-line positioning, would it be wise to invest in this popular meme stock now? Read on to find out….

StockNews.com

EXCLUSIVE: Mogul Productions Cooking Up Hot New Films To Keep Us Warm In Web3 Winter

Crypto is on track to record its first month under $1 billion in sales since June 2021, according to Dapp Radar. OpenSea, the leading NFT marketplace, is down 75% in sales since May and looks set to scrape the lowest levels since July 2021, according to Dune.

Benzinga

Hackers are being incentivized with worthless NFT to return stolen funds

Nomad Bridge was hacked at the beginning of the month, losing close to $200M in what was a copy-paste exploit.

Input

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Another NFT venture disappeared hours after launch, this time with $815K

SudoRare pulled off what has to be the quickest rug pull to happen so far.

Input

Bored Apes That 'Melt In Your Mouth, Not In Your Hands' Are Coming To This Candy Company

One of the most popular candy brands in the world is the latest to see a partnership signed with the owner of a popular non-fungible tokens (NFTs) collection.

Benzinga

Exclusive Q&A: Jeffrey Jordan on the inspiration for inaugural ‘NFT JAM’ Tournament

Jeffrey Jordan, along with his father and NBA legend Michael, are redefining the fine art of the business of basketball.

USA Today Sports Media Group

Here's How Much Nike Has Made From NFTs

Apparel and footwear giant Nike Inc (NYSE: NKE) is one of the largest public companies to make its presence known in the non-fungible token space. Here’s a look at how Nike is involved and how much money it made.

Benzinga

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Nike has already made $185 million off of NFTs

The Swoosh leads the list of brands who’ve made the most money off of the space.

Input

More than $100m worth of NFTs stolen since July 2021, data shows

Criminals took an average of $300,000 worth of non-fungible tokens per scam, says cryptocurrency firm

The Guardian - UK

Casetify’s Bored Ape Yacht Club collection licenses over $2M worth of NFTs

The “To The Moon” capsule includes phone cases, hoodies, and skateboards covered with characters from the Bored and Mutant Ape Yacht Clubs.

Input

Afterpay’s NFTs grant access to NYFW shows and exclusive products

AnOnlyChild, Jonathan Simkhai, and Kim Shui are among some of the designers behind the collection.

Input

Art Market Pushes on with Rocky Crypto Romance

The closest most people get to owning a world-famous artwork is to buy a cheap poster from a gallery, but art dealers are determined to harness technology to draw in new collectors. Anaida Schneider, a former banker based in Switzerland, is among those promoting new ownership schemes -- for a…

Asharq Al-Awsat

NFT Collateral Collapse: Nearly $55 Million In NFTs Face Liquidation

NFT Collateral Collapse: Nearly $55 million NFTs face liquidation as non-fungible token lender BendDAO faces a debt crisis.

Investors Business Daily

Flaming heck! Damien Hirst is setting his art on fire – and he’s not the first

From accidental conflagrations to planned incineration, nothing turns up the heat of art world commerce like a blaze

The Guardian - UK

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Zenger

Blockchain Music App ‘Single’ Announces Collaboration With Shopify, Normalizing NFTs For Creators

Revenue-sharing apps encourage the growth of NFTs via web influencers, musicians, and other creatives.

Benzinga

EXCLUSIVE: Tony Stewart On Orange Comet Partnership, NFTs As 'Next Generation Of Collectibles' For Fans

NASCAR, INDYCAR and USAC champion Tony Stewart is launching non-fungible tokens to engage with his fans and bring forth the next generation of Web3 technology.

Input

The Hundreds’s Adam Bomb Squad adds the NFT Cool Cats to T-shirts and hoodies

Adam Bomb and the Cool Cats lead the collection.

Benzinga

BAYC NFT Sells For 777 ETH - Zero To Hero NFT Grows 6,600% In Price Amid Crypto Slump

The NFT space continues to be impacted and feeling the heat even more. Coming into the third week of August, the global sales volume for NFT is around $639 million. With that, this could be the third consecutive month that NFT sales fall below the $1 billion mark.

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Input

Reddit's collectible avatar experiment falls victim to NFT fatigue

Collectible avatars were released at the beginning of July, and now, about a month later, Reddit is giving some of them away for free.

Benzinga

EXCLUSIVE: LandVault Is Building New Transactions, Experiences For Metaverse Brands

The metaverse is going to be huge. Facebook changed its name to meet the opportunity. And yet, according to Statista, while there are 3 billion users on Facebook, only 50,000 are using Web3 virtual spaces.

Benzinga

Bored Ape Yacht Club Loan Deathspiral Could Nuke Entire NFT Market, Warns Crypto Analyst

A series of Bored Ape Yacht Club (BAYC) loan liquidations on NFT liquidity pool BendDAO could wipe out the entire NFT market, warned pseudonymous crypto analyst “doubleQ."

Benzinga

Oh S**T! Poop Emoji NFTs Are Coming: Here Are The Details And How You Can Buy One

The iconic emoji brand is one of the latest companies to enter the world of non-fungible tokens. Here’s a look at how the company is tackling the world of NFTs with one of the most well-known emojis first.

Liverpool Echo

Liverpool don't rule out revisiting controversial off-field move in future

Liverpool had a disappointing NFT launch back in March but club officials say there could be scope to explore future opportunities

Benzinga

GameStop's NFT Marketplace To Get Top 10 NFT Project As Part Of Long-Awaited Gaming NFT Updates

Video game retailer GameStop Corp. (NYSE: GME) launched an NFT marketplace earlier this year as it looked to grow its presence in the Web3 space. The company shared an update on launching more gaming-related NFTs on its platform. Here are the details.

Sports Illustrated

How Elvis Inspired Shawn Michaels’s Wrestling Career

The WWE Hall of Famer says he adapted two of his signatures from an unlikely source.

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