The Creator Economy, AI and Future of Web3
Host Megha Chaddah dives into the state of crypto regulation in Hong Kong as the city continues its effort to keep a check on bad actors. Plus, a conversation with Animoca Brands Executive Chairman Yat Siu on non-fungible tokens (NFT), crypto regulation and the future of Web3. Those stories and other news shaping the cryptocurrency world are in this episode of "Forkast IQ."
How Can OpenSea Regain Dominance After Layoffs and the NFT Market Decline?
Last week, OpenSea, the former frontrunner in the NFT marketplace, confirmed the layoff of half its workforce as the NFT markets seemed to bottom out. gmoney, NFT collector and founder of 9dcc, joins Unchained to provide insight into the once-dominant NFT marketplace’s fall from grace.
Bogus BlackRock Filing Briefly Sends XRP Higher; Disney to Launch NFT Platform With Dapper Labs
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the fake ETF filing that sent XRP higher by more than 10%, before the token gave back those gains. A new report from Coinbase says spot ETFs are likely to lay the foundation for a more regulated market, with greater inclusion and significant growth in demand. Plus, Disney and Dapper Lab team up for a new NFT platform launch.
RSTLSS Collaborates With Paris Hilton’s 11:11 Media for MareBears Collection
Charli Cohen, founder and CEO of RSTLSS, joins "First Mover" to discuss collaborating with Paris Hilton's company 11:11 Media on a Web3 collection called MareBears, which brings tiny creatures to the blockchain and aims to attract emerging artists into the NFT space. Cohen also weighs in on empowering creators and partnering with SHIB and the Shiba Inu ecosystem.
OpenSea Investor Coatue Slashes NFT Marketplace's Valuation by 90%: Report
The Information reports that OpenSea's valuation has been slashed by 90% from asset manager Coatue Management. This comes as Decrypt reports the NFT marketplace faced a workforce reduction of roughly 50% earlier this month. On Nov. 3, OpenSea CEO Devin Finzer posted on X in part, "These sorts of changes are never easy. We’re incredibly thankful to those teammates that are departing today."
How NFT Technology Could Be Used in Consumer Banking
NFT marketplace Rarible and the core developer behind Metal Blockchain are teaming up to look into the development of compliant digital ownership solutions for the banking and fintech industries. Metallicus CEO Marshall Hayner and Rarible co-founder Alexander Salnikov join "First Mover" to discuss how applications of NFT technology be used in consumer banking.
Candy Digital Partners With Getty Images for Spooky Physical and Digital Art Collection
Ghost in the Machine is the fourth initiative in a partnership between Candy Digital and Getty Images. Candy Digital Chief Creative Officer Straith Schreder joins "First Mover" on the Day of the Dead to discuss the partnership and the NFT collection inspired by paranormal activity. Plus, insights on sales and trading volumes across the digital collectibles market.
Nagdaragdag ang Mastercard Debit Card ng Hi's Option na Gastusin ang Token SAND ng Sandbox
Ang hi debit Mastercard ay nagpapahintulot na sa mga user na gumastos ng Bitcoin, ether at USDT.
95% of NFTs May Now Be Worthless, Report Suggests
Most non-fungible tokens (NFTs) may now be worthless, less than two years after crypto's most recent bull run, a report by dappGambl suggests. The recent study is based on data provided by NFT Scan and CoinMarketCap and examined more than 73,000 NFT collections found that over 95% of them had a market cap of 0 ETH. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
NFT Platform ImmutableX's IMX Token Surges This Week, Upbit Leads Volume Growth
IMX, the native token of NFT platform ImmutableX, surged on Thursday to as high as 74 cents, before retreating. The IMX-Korean won (IMX/KRW) pair listed on South Korea's Upbit exchange accounted for nearly 20% of the global activity. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."