NFT | ForkLog - Part 6

ForkLog 13 16.08.2024

Donald Trump Earns Over $7 Million from NFTs

Former US President Donald Trump holds cryptocurrencies valued up to $5 million and has earned over $7 million from investments in NFTs, according to his financial disclosure. The document, published by the non-profit organization Citizens for Responsibility and Ethics in Washington (CREW), reveals that the politician holds Ethereum-based crypto assets worth between $1-3 million. Source: […]

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ForkLog 68 19.07.2024

What is a digital miner, and how can you mine bitcoin with NFTs?

An explainer on digital miners and how to mine bitcoin with NFTs.

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ForkLog 19 17.07.2024

Donald Trump Hints at Launching Fourth NFT Collection

US presidential candidate Donald Trump has suggested the release of a fourth NFT collection due to “community demand.” He made this statement in an interview with Bloomberg. “I’m going to launch another [collection] because that’s what the people want,” he stated. Trump cited the successful experience of the MugShot series, which was dedicated to the […]

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ForkLog 6 11.07.2024

Cyber Finance to Launch NFT Collection with b0rder1ess, Magic Eden, and Polygon

The team behind the DeFi hub Cyber Finance is set to release an NFT collection in collaboration with b0rder1ess, Magic Eden, and Polygon, as representatives informed ForkLog.

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ForkLog 40 03.07.2024

Proof‑of‑Event: NFT tickets and the future of Web3

NFT tickets have become a popular tool for running events, drawing Web3 users with rich features and perks from organisers. That, however, is only the tip of the iceberg. What this technology is really about—and the prospects it opens for business—is the subject of Vladimir Menaskop’s article. Background For more than a decade, a central […]

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ForkLog 36 03.07.2024

GoMining Introduces 5% Cashback with Launch of Native Token on TON

Mining firm GoMining has announced the release of its native token, GOMINING, on The Open Network (TON) blockchain. To commemorate the event, the service will offer a 5% cashback on purchases made using GOMINING within the TON network. This was reported on the GoMining website. The primary product of GoMining is digital NFT miners, backed […]

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ForkLog 12 01.07.2024

NFT Sales Plunge 44% Amid Crypto Market Downturn and Meme Token Surge

The frenzy surrounding meme coins, coupled with a general downturn in the cryptocurrency market in the second quarter, led to a 44% drop in non-fungible token (NFT) sales. This was stated by Apollo Crypto’s Chief Investment Officer Henrik Andersson in an interview with Cointelegraph. According to CryptoSlam, NFT sales volume fell from $4.14 billion in […]

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ForkLog 57 20.06.2024

Undeads Games Distributes $2 Million in Airdrop and Launches Staking with Up to 50% Returns

Undeads Games has conducted an airdrop for zombie owners from its NFT collection and initiated a Paired Staking program for UDS token holders. The project team announced this on X.

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ForkLog 8 05.06.2024

NFT scams: common schemes and how to protect yourself

As the market for non-fungible tokens (NFT) has grown, so too have scams. From fake projects to phishing attacks, fraudsters keep finding new ways to dupe credulous investors. Grigory Osipov, director of investigations at “ШАРД”, told ForkLog about the most widespread NFT frauds and shared tips on safeguarding assets. Types of NFTs Artworks Trading in […]

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ForkLog 14 04.06.2024

Dapper Labs Settles NBA Top Shot Lawsuit for $4 Million

Dapper Labs has reached a settlement in a class-action lawsuit over allegations of selling unregistered securities in the form of NFTs, according to The Block. The company agreed to resolve the claims by paying $4 million, which will be allocated to the plaintiffs’ settlement fund. Dapper Labs described the settlement as confirmation that the NBA […]

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ForkLog 19 31.05.2024

NFT Trading Volume Plummets by 56% in May

Despite a recovery in April, NFT sales in May fell by 54% to $630 million, according to CryptoSlam data. NFT trading dynamics for May. Data: CryptoSlam. Leading platforms, including Bitcoin, Ethereum, and Solana networks, showed a decline in activity. Top 10 blockchains by NFT sales volume. Data: CryptoSlam. The trading volume of non-fungible tokens in […]

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ForkLog 8 30.05.2024

US Treasury Criticizes NFTs for Fraud Risks

The non-fungible token (NFT) sector is vulnerable to fraud and facilitates the laundering of illicit funds, according to a report by the US Department of the Treasury. The department conducted its first analysis and assessment of the NFT sector. The document states that such assets are often used to legalize illegal proceeds but are rarely […]

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