Industry News

Crypto Influencer's DJ 'Marshmello' Stunt Went Horribly Wrong—Or Did It?

During the NFT NYC conference last week, a Tesla Cybertruck pulled into Times Square—and what appeared to be famed DJ Marshmello, flanked by a crypto influencer and a notable NFT project founder, hopped in the back of the angular ride and started blaring tunes to the rapidly forming crowd. But it wasn’t actually Marshmello—and now the masked DJ has tweeted a threat of legal action against content creator Jake “SolJakey” Hillhouse and his pals for allegedly orchestrating the stunt to pump a meme...

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Bitcoin Runes Meme Coin ‘Dog’ Will be Airdropped to Runestone Holders

Following a successful airdrop in March, the Runestone project is gearing up for its next airdrop, which will feature a cuddly puppy. Bitcoin wallets that were airdropped Runestones will receive three meme coins starting with the Dog airdrop later this month—if they still hold those Runestone inscriptions when it happens. YOU ARE NOT READY FOR THE CUTENESS THAT YOU ARE ABOUT TO GET AIRDROPPED IF YOU HOLD A RUNESTONE pic.twitter.com/uKSEWzUhn6 — Leonidas (@LeonidasNFT) April 8, 2024 “The centra...

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7 Bitcoin Ordinals and Runes Projects You Should Know Ahead of the Halving

It’s a wild time for Bitcoin. The leading cryptocurrency’s price surged higher and higher in March to break its 2021 peak price, spot Bitcoin ETFs are spurring wider interest in the coin, and this month’s Bitcoin halving and Runes token protocol are driving significant excitement. Given all of that, it’s no surprise that Bitcoin Ordinals are white hot lately, with the NFT-like assets taking over the market and shaking up the battle between marketplaces as well. If you’ve been sitting on the side...

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Solana NFT Marketplace Tensor's Token Debuts to $640 Million in Trading Volume

Airdrop season continues to dominate the crypto industry, and today is no different with the arrival of Tensor’s token launch. The Solana NFT marketplace launched its TNSR token, with more than $200 million worth of tokens up for grabs via airdrop rewards and over $640 million worth of trading volume on the market in the seven hours or so since it launched. TNSR is currently priced at $1.60 per token, according to data from CoinMarketCap, down 33% from a high of $2.45. Newly launched tokens are...

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The Bored Ape Restaurant in LA Closed—But That's Not the Whole Story

After two years, Los Angeles-based restaurant Bored & Hungry is closing its doors, with the branding being taken over by the Hungry DAO, co-founder Andy Nguyen said on Monday. While Nguyen said goodbye to the Long Beach, Calif. location, Nguyen said reopening in the Los Angeles area was not out of the question. “Currently we are location hunting,” Nguyen told Decrypt. “It depends on what we find that makes sense to the business model.” As Nguyen explained, now that Hungry DAO acquired Bored & Hu...

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Avenged Sevenfold's Season Pass is Turning Heavy Metal Fans Into Blockchain 'Evangelists'

Heavy metal band Avenged Sevenfold have long been Web3 enthusiasts, launching their own line of Deathbats NFTs and building out token-gated ticket sales with Ticketmaster. Now, in what the band’s calling the “culmination” of its Web3 efforts, it’s launched Season Pass, a decentralized fan rewards platform that lets Avenged Sevenfold followers collect rewards for participating in activities linked to the band. It's like the battle pass in popular video game Fortnite, but focused on the band. Fron...

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Pharrell, Lil Wayne to Headline Doodles NFT Animated Film

Ethereum NFT-driven property Doodles announced Thursday that it is developing an animated film called “Dullsville and the Doodleverse,” featuring contributions from prominent musicians Pharrell Williams, Dwayne “Lil Wayne” Carter, and Coi Leray. “Dullsville and the Doodleverse” is being produced internally at Golden Wolf, the veteran animation studio that Doodles acquired in January 2023, and will be directed by Doodles co-founder and illustrator Scott “Burnt Toast” Martin. Billed as a “groundbr...

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Wu-Tang Rapper Ghostface Killah Reveals Free Bitcoin Ordinals Mint

Wu-Tang Clan’s Ghostface Killah revealed details Thursday about the highly anticipated mint of his Bitcoin Ordinals project, noting that the collection will drop on April 11, the legendary rapper wrote on Twitter. According to the tweet, the Ghostface Killah and Rare Scrilla collaborative drop will be free to mint aside from Bitcoin network inscription fees on the OrdinalsBot platform, and collectors will be limited to one inscription per wallet. Representatives for Ghostface Killah did not imme...

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Bitcoin Layer-2 Social Network Offers Rewards for 'Touching Grass' in NFT Game

Bitcoin and its proof-of-work algorithm have long been criticized for its excessive energy consumption by environmental groups. A new Bitcoin layer-2 staking network called Social Network aims to change this using an Ethereum Virtual Machine (EVM) and an NFT-based mobile scavenger hunt tied to its mainnet launch. While some Bitcoin fans may jump at the chance to own another digital collectible, Social Network—a network for earning staking rewards, not a "social network" in the Facebook/Twitter-l...

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Binance NFT Marketplace Axes Support for Bitcoin Ordinals

Crypto exchange Binance has announced that its NFT marketplace will no longer support Bitcoin Ordinals. In a blog post, Binance noted that the decision to axe support for the NFT-like inscriptions was taken "as part of its ongoing efforts to streamline product offerings" on its NFT marketplace. From April 18th, users will no longer be able to trade Bitcoin Ordinals on the Binance NFT Marketplace. The exchange also advised users to withdraw their Bitcoin Ordinals from the marketplace before May 1...

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