NFT

The SEC broadens its crypto scrutiny by targeting NFT offerings, marking a significant move against a media company for its unregistered securities claim.

The article discusses the evolution of the internet, from its inception as Web 1.0 to the current development of Web 3.0. It explores the features and benefits of Web 3.0, including decentralized applications, user privacy, and the potential for creating new business models and markets. The article also examines the role of blockchain technology in the development of Web 3.0 and its potential to revolutionize the way we interact online.

Following a public statement supporting the protection of copyright fees for NFT collection owners, Rarible, an NFT marketplace, witnessed a significant surge in trading volume within 24 hours. This move comes as some rival NFT markets withdrew support for copyrights and copyright applications, leading other NFT projects to also withdraw their support for Rarible.

In recent years, NFTs have seen a significant rise in popularity, with Ethereum being the most commonly used blockchain for these tokens. However, Bitcoin has recently seen a revolutionary development that allows for the efficient creation of NFTs on its platform. This development is known as Ordinals, a protocol launched by Bitcoin developer Casey Rodarmor.

In a surprising turn of events, an anonymous crypto investor has been systematically destroying his crypto assets, totaling over $8 million. The investor, known only by his ENS name nd4.eth, has not provided any explanation for his actions.

Meta, the parent company of Facebook, has unveiled a new shooting game in its virtual reality platform, Horizon Worlds, marking a significant milestone in the development of the metaverse. The game, Super Rumble, showcases the potential of Horizon Worlds with its intricate visuals, interactivity, and engaging gameplay.

Yuga Labs, renowned for their NFT collections, recently hosted an event where participants could interact with their metaverse project, 'Otherside', using avatars based on their owned NFTs. The company plans to expand this feature to include 10,000 characters from the Bored Ape Yacht Club collection.

Amazon's cloud service division, AWS, has introduced a new service that enhances blockchain-related operations. The service, part of the existing Amazon Managed Blockchain (AMB), includes two features that facilitate communication with public blockchains and streamline the construction of scalable applications. AWS is also investing in Web3 business, highlighted by a collaboration with the Japan-based public blockchain, Astar Network.