Category: NFT News

Highlights Pudgy Penguins halts development of its mobile game Pudgy Party, redirecting resources to a new flagship project, Pudgy World. The mobile game's downloads surpassed 1 million since its launch, but the team sees better scalability in the browser-based game. The NFT market is showing signs of recovery, with total...

Non-fungible token project Pudgy Penguins has launched its trading card game nationwide at Target stores in the US. The debut of Vibes Series 3 represents the most significant retail expansion to date, circulating a total of 15 million cards. Pudgy Penguins aims to grow beyond digital assets, exploring avenues like...

Highlights The European Parliament's Economic Affairs Committee is pushing for the regulation of various crypto assets including lending, borrowing, and NFTs. The report advocates for euro-denominated stablecoins to bolster the EU's financial ecosystem and encourages the development of tokenized assets. Legislation under the Markets in Crypto-Assets Regulation (MiCA) is currently...

The European Parliament's Economic Affairs Committee has urged the European Commission to assess whether crypto lending and borrowing, staking, non-fungible tokens (NFTs) and decentralized finance (DeFi) should be regulated.The recommendations were part of a report brought forward Friday for plenary vote. It also called for promoting tokenization across financial services,...

Highlights An AI-driven crypto wallet incident led to a loss of approximately $174,000, highlighting vulnerabilities in the integration of AI with financial transactions. The attack exploited a seemingly harmless NFT, revealing how digital assets can serve as permission tokens, not just value carriers. Security experts warn that oversight is crucial...