Category: NFT News

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...

Highlights Binance is transitioning NFT management from its exchange to its self-custodial wallet. NFT holders must withdraw their transferable assets by July 3, 2023. The NFT sector's value remains volatile, with many leading collections significantly down from their peak values. The Shift in NFT Management by Binance Binance, one of...

Highlights Pudgy Penguins is ending development of its mobile game, Pudgy Party, to focus on a browser-based flagship experience, Pudgy World. The mobile game achieved over 1 million downloads, yet the company sees greater potential in consolidating its efforts around a single product. This decision reflects a broader trend in...

Polish President Karol Nawrocki has vetoed a cryptocurrency regulatory bill for the third time, delaying Poland's adherence to the EU's Markets in Crypto Assets Regulation (MiCA). The latest veto has sparked outrage from government officials, including Prime Minister Donald Tusk, amid concerns over crypto oversight in Poland. With the July...

Highlights Yuga Labs successfully recovered 68 NFTs at risk from Flooring Protocol following an exploit, valued at over $500,000. Despite a cooling market, high-value collections like CryptoPunks and Bored Ape Yacht Club continue to sustain significant floor prices. The Flooring Protocol, already facing challenges, is winding down operations, prompting asset...