Crypto Headlines Dec 14th, 2021

News Headlines (December 14, 2021)

  1.  Vast majority of Aussies still in dark over cryptocurrency and NFTs, survey finds

Only one in 10 Australians feel they understand what a cryptocurrency is, according to a Saxo Markets survey, while those older than 65 are even less certain. Despite the rise of Bitcoin and the looming possibility of an Australian government digital currency, Australians know very little about cryptocurrencies, a new survey has found. Around 21 per cent of Australian men claim to have a handle on what cryptocurrencies are and how they work, the survey found, compared to just seven per cent of women.

Dapper Labs, maker of one of the year’s more mainstream breakout NFT hits NBA Top Shot, has been looking to convince investors that it can court developers to bet on the latter. As they near the end of a blockbuster year for NFTs that saw more than $10 billion in transaction volume, today’s NFT project developers are finding themselves facing an impasse. The new platform, called The Warehouse, is launching today to a small network of invite-only users before gradually out to a wider audience in the coming months, both startups tell TechCrunch.

Someone accidentally sold their Bored Ape NFT on Saturday for $3,066. The Bored Ape Yacht Club is one of the most prestigious NFT collections in the world. You may scoff at the words “prestigious” and “NFT” being used so close together, but among its star-studded members are Jimmy Fallon, Steph Curry and Post Malone. Here the owner, real name Max or username maxnaut, meant to list his Bored Ape for 75 ether, or around $300,000, but accidentally listed it for 0.75, One hundredth the intended price.

 An NFT is a digital collectible represented by code on a decentralised digital ledger called a blockchain. Each NFT can be bought and sold like a physical item, but the blockchain keeps an unalterable record of its ownership and transaction history. For the first time in its history, The Straits Times is auctioning this column, and three of its Opinion section art illustrations, as non-fungible tokens (NFTs). From Dec 22 to 28, the online auction will run on the digital platform Blockchain For Good, a corporate social responsibility initiative of the Blockchain Association Singapore (BAS), in partnership with Drew & Napier. Anyone can bid.

Among those who jumped on the ‘digital ownership’ bandwagon has been Solana, which hosts a wide range of marketplaces and original NFT collections. The platform is even launching a $5 million fund this year to onboard creators and their fans into its ecosystem. Solana’s dedication towards this segment of the cryptocurrency industry can be linked to the bullish outlook its team has for NFTs. In a recent interview with Business Insider, Solana co-founder Anatoly Yakovenko remarked that NFTs are in fact the early prototypes of how social media networks will look in the future. 

Heart Evangelista in collaboration with Luis Buenaventura a.k.a Cryptopop—one of the first and most talented Filipino NFT artists—and with the Manila Philharmonic Orchestra’s Rodel Colmenar sold an NFT for P3.6 million. In an interview with Manila Bulletin Lifestyle, Michael Molina, software solutions architect from Xircus—a multi-chain, multi-token, multi-DEX gamified decentralized autonomous organization (DAO) platform that allows users to create and deploy customized personal and community NFT marketplaces—shares how more Filipino artists can earn from NFTs. 

As part of a blog post on the game, 22cans describes Legacy as “an innovative new game that pushes the boundaries of Blockchain Gaming” and ” a creative entrepreneur’s dream come true.” Peter Molyneux has announced that his next game will be Legacy, a play-to-earn blockchain-powered business sim that includes NFTs. To start playing Legacy, players must purchase a “Land NFT,” which will allow you to begin your own “blockchain business association” in the game. If you buy an NFT and become a Land Owner, you can then create your own digital buildings and products from thousands of available parts in order to build and expand their business empire.

WAX is the most utilized blockchain in the world and the #1 Metaverse Blockchain for Gaming and NFTs, processing 15 million transactions daily including two-thirds of all game related transactions with over 450,000 daily users. The Worldwide Asset eXchange (WAX) announced today that OKEx Blockdream Ventures are placing a bet on the WAX Blockchain Ecosystem, purchasing a significant position in WAXP tokens with the exact token quantity undisclosed. The platform is also the #2 Layer-1 blockchain behind only Ethereum in 30 day NFT sales volume.

HeliconNFT officially launches at Blockchain World, a playground for industry specialists, incorporating the informative DCS Summit and a world-first – the Helicon Studio, an immersive Blockchain & NFT show that will talk about the “Future Vision” of digital technology with a live studio audience with exclusive celebrity guests. MRHB (Marhaba) DeFi, plans to soon launch in the UAE with their local partner Masary Capital to offer the world’s first ethical and Islamic DeFi ecosystem. MRHB DeFi is a ground-breaking concept for the crypto community; the world’s first ethical and Islamic DeFi ecosystem.

  1.  Daft Punk meets CryptoPunks as Novo faces up to NFTs 

Novo owns nearly $2.5 million worth of CryptoPunks alone. One of them, however — CryptoPunk #3706 — stands out from the others. Not because of its monetary value, but because Novo actually uses it as his face, strapping an LED digital mask to his head that completely covers his actual features. Eventually, Novo arrived at the moment that he is perhaps most well-known for in the NFT world: his rags-to-riches purchase of an NFT known as the “Pranksy Hoodie. Novo threw himself into the NFT space with fervor, becoming a fixture on NFT Discord and surrounding himself with, as he puts it, “the smartest people in the space.”