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Tech Mahindra’s Ambitious Leap into the Metaverse with TechMVerse

Tech Mahindra, a prominent IT services company, has ventured into the metaverse with the introduction of TechMVerse. This new initiative aims to deliver unprecedented interactive and immersive experiences to customers, leveraging the latest in technological advancements. In its inaugural year, Tech Mahindra plans to recruit and train 1,000 employees for TechMVerse, with operations initially set to launch in Dallas, London, Pune, and Hyderabad.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views05:47
Cardano’s NFT Metadata Challenge Solved by Paima Studios

Cardano continues to expand its decentralized ecosystem, a significant challenge has been the native smart contract language, Plutus, and its inability to access transaction metadata. This limitation has impacted the functionality of NFTs, on-chain games, and other decentralized applications. Paima Studios, a Web3 application engine firm, has now addressed this issue, providing a breakthrough for Cardano developers.

Source

@Metaverse_Defi_Nfts_Trading
25.8K views17:57
Metaverse to Supercharge Upcoming Industrial Revolution: World Economic Forum

The metaverse technology, that creates hyper-realistic virtual ecosystems, is grabbing the attention from the manufacturing sector in the US. This detail has been disclosed in a recent report published by the World Economic Forum (WEF). The metaverse is poised to supercharge the upcoming phase of the industrial revolution, the report says. Compatible with cryptocurrencies and NFTs, the metaverse technology can provide virtual destinations for people to visit as avatars.

Source

@Metaverse_Defi_Nfts_Trading
25.8K views04:37
NFT sales record a 5% increase in the past 7 days amid market recovery

According to the data, NFT sales totaled over $107 million in the past seven days. Buyers stood at 828,840, sellers at 368,251, and transactions at over 2 million. The blockchains that topped the week in NFT sales included Ethereum (>$37 million), Solana (>$22 million), Polygon (>$18 million), Bitcoin (>$15 million), and Mythos Chain (>$3 million sales). Solana’s DogeZuki, MadLads, and Polygon’s Base Ape Polygon are other top-performing collections of the week.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views15:37
3AC-linked wallet bought NFT for $59K due to 3-year-old offer that wasn’t canceled

According to blockchain data, a wallet associated with failed crypto hedge fund Three Arrows Capital (3AC) purchased the Neon Village non-fungible token (NFT) for 20 Ether on July 5, even though the fund is bankrupt. The transaction, which is valued at $59,821 based on current prices, occurred because of an offer that the wallet placed three years ago and never canceled.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views10:37
Ethereum NFT Activity Declines to Lowest Level Since H1 2021

The non-fungible token (NFT) market is barely crawling, waiting for some opportunity for revival. The second quarter of 2024 saw positive dynamics, but the increase was mostly driven by Bitcoin NFTs. The metrics for Ethereum NFTs suggest a grim picture. For example, the number of unique Ethereum NFT traders on the top 15 marketplaces dropped for the sixth month in a row in June, reaching the lowest level since July 2021.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views18:47
Huangpu aims to become Shanghai's metaverse hub

Shanghai's Huangpu District aims to attract global AI companies and professionals, positioning itself as a leading center for AI and metaverse innovation. The Huangpu Science and Technology Investment Promotion Conference and the 2024 Metaverse Developers Conference were held during the World Artificial Intelligence Conference (WAIC), which began on Thursday.

Source

@Metaverse_Defi_Nfts_Trading
25.7K views04:57
ZkSync denies NFT ‘insider minting,’ claims some minters attended events

Matter Labs, developer of Ethereum layer 2 network zkSync, denied claims of “insider minting” on June 26, claiming that all minters of the Libertas Omnibus non-fungible tokens (NFTs) were eligible to do so according to official criteria. The statement follows a June 17 X post by blockchain researcher soEasy that accused the team of handing out Libertas Omnibus NFTs to friends of the team who were not eligible to receive them.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views20:47
ChainGPT Adds New Features to NFT Generator

ChainGPT has introduced a series of significant updates and new features to its AI NFT Generator. These advancements are tailored to enhance user experience, offering greater flexibility and functionality. This addition allows users to select their preferred blockchain through their Metamask wallet, streamlining the transaction process. Avalanche payments can be made using USDC, USDT, or AVAX, the native coin of the chain.

Source

@Metaverse_Defi_Nfts_Trading
26.2K views07:37
ZachXBT Reports BAYC & Beanz NFT Worth Over $235k Hacked

A recent report by blockchain investigator ZachXBT shows that one NFT user lost 6 Bored Ape Yacht Club (BAYC) and 40 Beanz Non-Fungible Tokens (NFTs). At the time of this writing, no official investigations have been channeled to recover the drained NFTs. BAYC and Beanz are some of the most popular NFT collections in crypto. BAYC ushered in the NFT mania with the likes of Justin Bieber pouring $1.3 million into one Ape.

Source

@Metaverse_Defi_Nfts_Trading
25.8K views20:17
ONTO Wallet Partners with Fiat24 for NFT-Powered Digital Banking

ONTO Wallet announces its partnership with Swiss fintech firm Fiat24 to launch NFT-powered digital banking services allowing users to open Swiss IBAN accounts directly within the ONTO app, leveraging Ethereum-based technologies to enhance security and streamline digital transactions. ONTO Wallet will integrate Fiat24’s NFT technology, allowing users to manage KYC data securely, and aims provide a more transparent and user-centric experience in managing traditional and digital assets within a single platform.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views06:57
Japan-based SBI Group launches NFTs on XRP Ledger for World Expo 2025

SBI Group of Japan has issued non-fungible tokens (NFTs) on the XRP Ledger in anticipation of the upcoming World Expo 2025 in Osaka. This is intended to enhance the quality of interactions among attendees by utilizing blockchain technology, according to the company’s perspective. This has successfully captured the attention of crypto enthusiasts.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views18:56
ONTO Wallet Partners with Fiat24 for NFT-Powered Digital Banking

ONTO Wallet has partnered with Swiss fintech Fiat24 to offer NFT-powered digital banking services. Users can now open Swiss IBAN accounts within the ONTO app and manage their tokens seamlessly. This partnership integrates Web3 technology into real-world applications. It also highlights the potential of decentralized identity (DID) systems in revolutionizing digital banking.

Source

@Metaverse_Defi_Nfts_Trading
25.8K views05:46
NFT Sales Take a Hit — Last Month’s Sales Dropped 46% Compared to May

June proved to be challenging for digital collectible sales, experiencing a 46.31% drop compared to May, which had accrued $479.15 million. According to Cryptoslam.io data, Ethereum-based NFTs led the market with $146.10 million, although this was 50.15% lower than ETH-centric digital collectible sales in May. Bitcoin NFTs generated $114.42 million in June, a 48.34% decline from the previous month.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views19:57
NFT Based Horse Racing Game ZED RUN Evolves: Introducing the Innovative ZEDx Platform

The popular NFT-based horse racing game, ZED RUN, is undergoing a significant transformation with the introduction of ZEDx, a completely redesigned platform aimed at enhancing the overall user experience. This transition is led by a refreshed leadership team, including newly appointed CEO Nir Efrat, Head of Product Nick Ciesinski, and Game Design Advisor Margaret Robertson. The team has pledged to maintain open communication channels through bi-weekly Ask Me Anything (AMA) sessions and consistent updates on social media.

Source

@Metaverse_Defi_Nfts_Trading
25.8K views05:47
Bitcoin Slump Hits NFT Market: Sales Volume Drops Sharply in Q2

The digital collectible market suffered a major decline in the second quarter of 2024, with sales hitting the lowest point since late last year. Data from CryptoSlam shows that non-fungible token (NFT) trading volume plunged 45% in Q2, falling to $2.24 billion. The decrease followed an initial surge from $2.9 billion in Q4 2023 to $4.1 billion in Q1 2024. As Bitcoin falters from a high level, the NFT market is under major pressure. NFTs are a risky asset, and when liquidity dries up, prices seem to fall off a cliff.

Source

@Metaverse_Defi_Nfts_Trading
25.7K views00:01
Huge decline in NFT sales in recent years

According to data of CryptoSlam NFT sales reached $4.1 billion in the first quarter of 2024, which is significantly more than the $2.9 billion recorded in the last quarter of 2024. However, the second quarter of this year saw a sharp decline in the market. Billionaire Mark Cuban's crypto wallet, after nearly two years of inactivity, recently sold various NFTs, totaling approximately $38,500. He has also listed two NFTs for sale with a total value of over $66,000.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views05:37
OpenSea Dethrones Magic Eden And Blur To Become The Most Traded NFT Marketplace

OpenSea, one of the leading non-fungible token market platforms, has regained its initial dominance in the non-fungible token market, becoming the most traded NFT market platform in the past 24 hours. Data compiled by Tiexo.com, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that OpenSea is the most traded NFT market platform in the NFT market. In the past 24 hours, OpenSea has recorded a trading sale volume of $5.96 million.

Source

@Metaverse_Defi_Nfts_Trading
25.8K views16:37
Yamakoshi Village Innovates with NFTs for Community Development

The village of Yamakoshi in the Niigata mountains in Japan has found a new way to fund its development through the use of non-fungible tokens (NFT). Initiated in 2021, the Neo-Yamakoshi Village project has attracted 1,700 “digital citizens” who purchased Nishikigoi NFTs, raising over 3,000. The digital assets are the identifiers and governance tokens that allow people to take part in decision-making based on the village’s distributed autonomous organization (DAO) procedures to give voters a say in the community’s outcomes.

Source

@Metaverse_Defi_Nfts_Trading
25.8K views05:47
Hit webtoon ‘Solo Leveling’ joins Avalanche to launch NFT platform

Singapore-based Web3 developer OtherWorld announced today the beta launch of a non-fungible token platform based on the hit South Korean web novel and webtoon, Solo Leveling. The platform, named "Solo Leveling: Unlimited," will be launched on Avalanche blockchain, according to a press release. “SL:U mirrors the captivating world, storyline, and prose of Solo Leveling, empowering users to actively participate and engage with the narrative through an innovative reward system,” the release said.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views18:37
Hyperspace, the leading metaverse solution for enterprises

Hyperspace, the leading metaverse solution for enterprises, announced today the completion of its asset acquisition of Glue Collaboration's products and services. Glue will continue to operate as it always has, providing a cutting-edge, cloud-based platform for VR meetings and team collaboration, serving clients across diverse sectors including technology and healthcare.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views06:57
Marc Cuban wallet seen dumping NFTs after 2 years of inactivity

A crypto wallet belonging to billionaire Marc Cuban was spotted selling non-fungible tokens (NFTs) after being inactive for almost two years. On June 23, the American investor’s wallet with the Ethereum Name Service (ENS) domain “markcuban.eth” began dumping NFTs. The works ranged from EulerBeats Genesis and DeepBlack NFTs to Pudgy Penguins and Wrapped MoonCats.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views17:57
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25.9K views07:50
Goblintown Creators Launch 'Portals' to Let Holders Move NFTs Across Ethereum Ecosystem

Truth Arts, the company behind the NFT collections Goblintown and Secret Society, is launching a feature that it believes will help shape a multi-chain future for tokenized assets. The team has unveiled "Portals," a platform that allows users to bridge their Goblintown or Illuminati NFTs from Ethereum to one of several supported blockchains.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views07:37
Mark Cuban sells Pudgy Penguin for $30,000 along with several other NFTs

Billionaire Mark Cuban has sold more than a dozen NFTs in recent days including a Pudgy Penguin for more than $30,000, according to one of his OpenSea wallets. The wallet associated with Cuban also appears to be trying to sell Dallas Mavericks-themed Proof of Culture NFT for nearly $50,000.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views17:37
University Of Strathclyde Launches Pioneering Virtual Charity Shop In The Metaverse

Scotland’s largest health charity has teamed up with university researchers to create a charity shop in the metaverse. Chest Heart & Stroke Scotland (CHSS) is believed to be among the first UK charities to set up shop in the virtual world to raise vital funds. Researchers from the University of Strathclyde’s Business School (SBS) are working with the organisation’s management, volunteers, and customers to understand their requirements, before building and launching a CHSS metaverse and digital assets.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views04:47
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25.7K views17:08
NFT sales drop 12% as Ethereum dominates, Polygon surges

According to CryptoSlam, total sales for the last seven days stood at just below $100 million and involved over $785,000 buyers and sellers in 1.4 million transactions. Ethereum (ETH) was once again the most active blockchain for NFT sales, leading the pack with $38.4 million worth of transactions. Notably, Ethereum experienced a surge in wash trading last week, with money earned from the activity going up nearly 9.5% to $37.69 million.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views16:37
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25.9K views12:04
OKX Marketplace and BLOCKLORDS Unveil Exclusive NFT Giveaway

OKX Marketplace, in collaboration with the medieval Web3 game BLOCKLORDS, has announced an exclusive giveaway of 300 ‘Legacy Cowherd’ NFTs. These Ethereum-based NFTs are up for grabs from June 19 to June 26, offering participants a unique opportunity to own a piece of the game’s rich narrative.

Source

@Metaverse_Defi_Nfts_Trading
25.9K views19:57