Nft Weekly news and trends

NFT Weekly: Top Bid on Ethereum Merge Token Minted for $50K Is $268
NFTs // September 20, 2022

Someone just paid nearly $50,000 to mint an enormous nonfungible token (NFT) of the last block on the Ethereum chain before it switched over to the more environmentally friendly Ethereum 2.0 blockchain on Sept. 15. The current high bid? $268.29. Read more: What the Ethereum...

NFT Weekly: NFT Apes Make Poor Collateral
Cryptocurrency // August 23, 2022

You’ll be shocked — shocked — to learn that a crypto lending platform that loaned out for collateral consisting of things like six-figure cartoon ape NFTs has had a liquidity crisis. BendDAO, a decentralized version of a crypto lending platform — you know, like now-bankrupt...

NFT Weekly: Amex, Abra Team Up; Mastercard Targets NFT Sales; Seth Green Buys Back Bored...
Cryptocurrency // June 14, 2022

The digital asset financial services company Abra announced on June 10 that it is launching the first crypto rewards credit card on the American Express network. The Abra Crypto Card will offer crypto rewards on any purchase, Abra CEO Bill Barhydt said. “We’ve made it super easy...