Binance Introduces NFT Loan Tool
- Users of Binance NFT can now use select blue-chip NFT collections as collateral to take out cryptocurrency loans.
- The platform will initially support only loans in ETH, and NFT collections Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki, and Doodles.
May 25, 2023, 3:08 PM
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Binance’s NFT Marketplace to Add Support for Bitcoin Ordinals
- The Binance NFT marketplace said it will soon expand its multichain ecosystem, and add support for Bitcoin Ordinals, which are also known as Bitcoin NFTs.
- The platform said it will allow users to purchase and trade Ordinals directly from their Binance accounts, bypassing the need to create a separate inscription wallet.
May 9, 2023, 12:43 PM
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Nike to Airdrop Early Access “Posters” for OF1 NFT Collection
- Nike will begin airdropping 106,453 “posters” for its “Our Force 1” NFT collection on Tuesday, giving .Swoosh users early access to the virtual sneakers.
- The sale of the NFT collection will begin on 10 May, or 8 May for poster holders, and each digital box will be prices at $19.82, a tribute to the year the Air Force 1 sneaker was first released.
April 18, 2023, 11:35 AM
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Magic Eden Launches Bitcoin NFT Marketplace
- Magic Eden’s “fully audited” Bitcoin Ordinal marketplace will only support secondary sales of Bitcoin NFTs, though it is looking into tools to allow for easy mint of such collectibles.
- Royalties will also be unavailable from the start due to the lack of tooling on the Bitcoin network, but the marketplace is “actively looking” into the development of a new royalty standard.
March 22, 2023, 11:29 AM
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Mar 7, 2023
Yuga Labs’ First Bitcoin NFT Collection Auctioned for $16.5M
- 288 “TwelveFold” NFTs, which are inscribed onto satoshis on the Bitcoin blockchain, were auctioned by Yuga Labs for a total of 735.7 BTC.
- Yuga Labs specified that these NFTs will not have any future utility, or interact with the company’s other Ethereum-based projects.
Feb 23, 2023
Spotify is Testing New “Token-Enabled Playlist” Feature
- Music streaming giant Spotify has launched a new “token-enabled playlist” pilot, which gives holders of specific NFTs access to exclusive content on its platform.
- Participating in the pilot are NFT platforms Overlord, Fluf, Moonbirds, and Kingship, though only Android users in the U.S., U.K., Germany, Australia, and New Zealand will have access to it.
Dec 16, 2022
Trump’s NFT Collection Sells Out in Hours
- The 45,000 NFT trading card collection created by Donald Trump, which had an initial price of $99 per token, was sold out within hours of its release on 15 December.
- Data from popular NFT marketplace OpenSea shows the collection has already surpassed 1,200 ETH in trading volume, with the token’s floor price hovering around 0.15 ETH.
Dec 1, 2022
Coinbase Disables iOS Wallet’s NFT Trading Due to Apple’s App Policies
- Coinbase said that Apple had blocked the release of the latest iOS version of its mobile wallet app until NFT trading functionality was disabled.
- The exchange also claimed that Apple wanted all gas fees required to send NFTs to be paid through its In-App Purchase system so that it could collect 30% of the fees.
Nov 3, 2022
Meta to Allow NFT Minting and Trading on Instagram
- Meta will soon offer NFT creators an “end-to-end toolkit” that will enable them to mint and sell their digital collectibles directly on Instagram.
- The company will add support for the Solana blockchain and Phantom wallet, and further expand its supported blockchains with the addition of Solana.
Nov 2, 2022
MetaMask to Launch NFT Price Tracking Feature
- The popular web3 wallet has partnered with NFTBank, a firm building NFT price-tracking tools, in order to make the new feature possible.
- NFTBank claims it can offer over 90% accuracy on its prediction thanks to its machine learning algorithm that takes into account floor price, rarity, and bid/ask distribution for NFTs.