Tag: realworldutility

NFTs Evolve Beyond Collectibles, Offering Real-World Utility

NFTs Evolve Beyond Collectibles, Offering Real-World Utility

As NFTs are maturing beyond the early stages of just digital collectibles, they are increasingly providing real-world value and various utility features. These multi-utility NFTs use blockchain technology to offer cryptographically-secured ownership, while serving as a decentralized portable identity, access key, and reward engine. Projects like Pudgy Penguins are leading...

Further Reading

Former OpenSea Manager's Insider Trading Conviction Reversed on Appeal

Former OpenSea Manager's Insider Trading Conviction Reversed on Appeal

For Nathaniel Chastain, the former OpenSea product manager whose 2023 conviction for fraud and money laundering was recently overturned. Their appeal decision arrived on July 31. The charges were based on claims of insider trading in non-fungible tokens (NFTs).Chastain was alleged to have purchased NFTs prior to them being listed...

CryptoPunks See $7.8 Million Whale Purchase Amidst NFT Market Activity

CryptoPunks See $7.8 Million Whale Purchase Amidst NFT Market Activity

Even amid explosive growth and record-breaking sales, one transaction of CryptoPunks NFTs totally monopolized the imagination of the digital art and cryptocurrency world. One whale address, known as “0x1bb351…72d6,” bought 45 CryptoPunks in one transaction.The acquisition, which is equivalent to about $7.8 million, was carried out through a transfer of...

Ethereum at 10 A Decade of Disruption, DeFi, and Evolution

Ethereum at 10 A Decade of Disruption, DeFi, and Evolution

Ethereum, the first and biggest blockchain platform for smart contracts and decentralized applications, is turning 10 this year. Since its launch, Ethereum has gone through some radical changes. Yet it has metamorphosed from a post-ICO hellscape into the bedrock of the decentralized finance (DeFi) movement. This trip has been an...

Ethereum Eyes $4,000 as Bullish Momentum Builds

Ethereum Eyes $4,000 as Bullish Momentum Builds

Ethereum is showing very strong bullish indications of a breakout prospect. Currently, its price action is lingering just under the key $4,000 psychological resistance on the 4-hour chart. After a violent sell-off earlier in the year, fund holdings fell to multi-year lows. Ethereum has in recent weeks and months rebounded...

GameSquare Bets Big on NFTs, Igniting Debate About Corporate Crypto Treasuries

GameSquare Bets Big on NFTs, Igniting Debate About Corporate Crypto Treasuries

GameSquare Holdings, Inc. has made a bold move by acquiring CryptoPunk #5577, a prominent NFT, for $5.15 million through preferred shares. This decision has launched a passionate discussion about NFTs as corporate treasury assets. Today, they are among well-known reserve cryptocurrencies including Bitcoin, Ethereum, and Solana. Many industry experts consider...

SuperRare Hit by $730K RARE Token Exploit Due to Smart Contract Flaw

SuperRare Hit by $730K RARE Token Exploit Due to Smart Contract Flaw

Last week, crypto art platform SuperRare was the victim of a security vulnerability as $730,000 worth of RARE tokens were stolen. The attacker took advantage of a vulnerability in the platform’s smart contract. Combined, they were able to siphon a large share of the total tokens in a single transaction....

Solana Primed for Potential 100% Surge by 2025, AI Predicts

Solana Primed for Potential 100% Surge by 2025, AI Predicts

Solana is putting on an impressive display of strong growth potential. Perplexity AI, the new AI search startup, predicts it will skyrocket to somewhere between $300 and $450 by the end of 2025. This projection already reflects more than 100% growth from the current baseline levels. The optimistic outlook takes...

Arthur Hayes Bets on CryptoPunks Overtaking Ethereum Amid Shifting Investor Focus

Arthur Hayes Bets on CryptoPunks Overtaking Ethereum Amid Shifting Investor Focus

Arthur Hayes, the former BitMEX co-founder, just issued an extremely bullish forecast. He’s betting on CryptoPunks (a leading collection of non-fungible tokens – NFTs) to do better than Ethereum in this crypto market cycle. On July 2, 2025, Hayes posted his detailed analysis on X. He even hinted that investors’...