NFT News by Thebittimes.Com

Rarify now become a data provider on the Chainlink Network, bringing real-time NFT price data to blockchains. By leveraging Linkpool, Chainlink’s leading ecosystem developer, we can now provide our Smart Floor Price data to smart contracts to unlock dApps and merge the DeFi and NFT economies across multiple blockchains. Smart contract developers can now leverage Rarify’s premium NFT floor price data to support a wide range of NFT-based projects that rely heavily on high-quality data for pricing NFT collections. This includes decentralized prediction markets, lending protocols, yield farming products, and more! Chainlink provide a host of Features that help unlock Rarify’s price data to make it ubiquitous across Web3, such as: Credential Management  — Chainlink nodes can securely manage API keys and account logins, leading to a seamless integration in which the nodes can purchase Upshot API subscriptions in the same manner that traditional users do today. Blockchain Agnostic  — Chain...

Source: AdobeStock / nito Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Exchange news Binance.US introduced a new feature called Pay, which allows users to send, request, and receive crypto with friends, family, and contacts on the exchange, said the announcement. It offers instant settlement for nearly 150 supported cryptocurrencies, while all Pay transactions feature zero gas and zero transaction fees, it added. Legal news Rosen Law Firm announced a class action lawsuit against Yuga Labs , its founders Wylie Aronow and Greg Solano, and a number of other entities and individuals, including Paris Hilton, Kevin Hart, Justin Bieber, Gwyneth Paltrow, and Serena Williams – on behalf of “purchasers of Yuga securities, which were sold as various non-fungible tokens” (NFTs) and ApeCoin (APE) between April 23, 2021 and Decembe...

Heroes of NFT has announces partnership with SubQuery . Heroes of NFT are using SubQuery to index idle game campaign creation data, with a key focus on finish and reinforcement events. They leverage this data to ease both the user interface and experience in their web frontend. Heroes of NFT credit SubQuery’s websocket services for making their user interface more smooth and dynamic. The team at Heroes of NFT are building a subnet to create their own metaverse ecosystem and to separate their application specific transactions from the Avalanche mainnet. As a result of this separation from the Avalanche mainnet traffic, their users can benefit from faster transactions and shorter wait times. SubQuery offers custom tailored indexing for Avalanche subnets meaning they don’t have to manage their own large infrastructure to index the public transactions. Heroes of NFT are using SubQuery Projects to manage their own project and make updates as required. They take advantage of SubQuery’s ent...

Source: AdobeStock / Andreas Prott A newly published patent suggests that the gaming giant Sony PlayStation may use non-fungible tokens (NFTs) in-game – or at least they’re looking into it. Microsoft ’s XBOX , meanwhile, seems to be looking in the opposite direction.    Sony’s patent is titled “US20220358450 - Tracking Unique In-Game Digital Assets Using Tokens On a Distributed Ledger”. Notably, its original application date was actually May 7, 2021. However, the publication date is November 10 this year. The abstract describes “a system and method for tracking digital assets associated with video games,” saying: “The digital assets may be in-game digital assets, such as in-game items or characters [and/or] video game digital media assets representing moments of gameplay of a video game, such as video clips or images.” It goes on to describe the usage of NFTs in gaming, specifically creating in-g...

Image source: Forbes Prominent digital artist Mike Winkelmann, professionally known as Beeple, is bringing "immersive 3D NFTs" to the Solana blockchain.  Stephen Hess, CEO of Solana NFT marketplace Metaplex Studios, announced the news on Sunday at Solana's Breakpoint conference in Lisbon, Portugal. “In partnership with the Render Network, we’re excited to welcome Beeple to Metaplex and Solana,” Hess announced, adding that Beeple would be “debuting the future of streaming and immersive 3D NFTs.” While he did not disclose many details of the collaboration, a slide accompanying the announcement revealed that users will be invited to “create your own unique NFT with a Beeple Everyday" using a “randomized set of objects and time to create with.” Render Network, a peer-to-peer service for providing 3D rendering power, is already involved with Beeple, who has served as an advisor to the platform. Render Network ...

Source: Adobe/prima91 The trading volume of Reddit digital collectible NFTs has surpassed $2.5 million in the past 24 hours, representing over one-third of the collection&rsquo ;s cumulative trading volume of $6.3 million since launch.  At the same time, the daily sales volume of Reddit NFTs also witnessed a new all-time high of 5,383 NFTs changing hands, as per data by Dune Analytics.  Moreover, the number of total collectible avatar holders has approached the 3 million mark, currently sitting at 2,838,347. From that tally, 2,813,700 are single collectible avatar holders, with 2,925,196 total collectible avatars currently in circulation.  Dune Analytics stats further shows that 3.82% of the Reddit collectible avatars are owned by whales.  Reddit initially announced the launch of its Collectible Avatars in early July this year. Created by independent artists, the limited-edition PFPs confer unique platform benefits to their ow...

Source: a video screenshot, OnChain Studios / YouTube Major toy manufacturing company Mattel announced the launch of the official Masters of the Universe (MOTU) digital collection in collaboration with the non-fungible token (NFT)-native digital toy company Cryptoys . The first batch of heroes and villains comes on November 9. Founded in 1945, Mattel is a globally known company that produced some of the most iconic toy brands, including Barbie, Thomas & Friends, UNO, Fisher-Price, and Hot Wheels. It announced this latest development for the famous MOTU on the website, stating that it teamed up with Cryptoys to “bring Eternia into the world of NFTs.” Cryptoys are digitalized toys for play and collecting, inside the metaverse, issued as NFTs on the Flow (FLOW) blockchain. “We're psyched to introduce Masters of the Universe Digital Action Figures,” Mattel said. “Through Cryptoys, an NFT-native platform, you can now expand your co...

Epic Games Store hosts the new Solana game Star Atlas. A playable demo is available for NFT owners to sample. Star Atlas Launched on Epic Games Store The highly anticipated Solana NFT-based game Star Atlas finally launched on the Epic Games Store on 29 September 2022, with a live-streamed event. Although only currently available as a demo, Star Atlas enabled NFT owners to sample the ships they bought. Part of the demo was a non-NFT ship that owners could explore, but the demo was generous enough also to grant access keys to select non-owners. This NFT project is set in the year 2620 and enables players to explore an open-world space with vehicles such as spaceships while mining resources. Although NFT owners got a taste of this exploration strategy game, the Star Atlas developers may need a few years to complete the entire project and enable players to enjoy the full Features . Star Atlas Showroom Demo Even though it might be a while until Star Atlas is fully up ...

Source: Adobe/Proxima Studio A number of non -fungible tokens (NFTs) collected by Starry Night Capital, an NFT fund established by the Singaporean bankrupt crypto hedge fund Three Arrows Capital (3AC), were moved to a new wallet by Teneo, the consultancy leading 3AC’S bankruptcy proceedings. The tokens which were moved to a Gnosis Safe address include Pepe the Frog NFT Genesis, sold for ETH 1,000, or about $1.36 at the crypto&rsquo ;s current price, in October 2021, and Fidenza #718, sold for ETH 240 in November 2021, according to data collected by blockchain analytics platform Nansen.  Other NFTs which were transferred include three pieces by XCOPY, including Some Other Asshole, purchased for ETH 550 in December 2021, DANKRUPT, sold for ETH 469 in October 2021, and DECAY, bought for ETH 345.69 in December 2021, the firm said.  Other tokens comprise AI Generated Nude Portrait #7 Frame #184 by Robbie Barrat, sold for ETH 300 in October 2021, several ...