NFT

China reveals plans to advance the adoption and growth of web3 services like NFTs and dApps through a new national framework.

The NFT trading platform NFT Trader recovered all stolen Bored Ape NFTs worth $3 million by paying a $267,000 ransom demanded by the hacker who exploited a smart contract vulnerability to steal them.

Peer-to-peer NFT trading platform NFT Trader was hacked on December 16th, enabling the theft of over $3 million in NFTs including Bored Apes, with the attacker oddly returning some loot.

China Mobile Hong Kong, a leading telecom provider, has launched LinkNFT, Hong Kong’s first telecom-backed NFT marketplace offering minting services and seamless web3 interoperability.

Funko has partnered with Disney for an NFT drop on the Droppp platform featuring packs of digital Funko Pop collectibles of classic Disney characters, with the ability for holders of rare NFTs to later redeem them for exclusive physical figurines.

The popular NFT collection Pudgy Penguins has revealed plans and a trailer for Pudgy World, a 3D browser game experience utilizing zkSync layer-2 scaling technology, set to launch in alpha in 2024.

The University of Southern Mississippi is using non-fungible tokens issued on the blockchain to provide authenticated tickets to events with built-in marketing capabilities and immersive fan experiences. This innovation is being led by RACA, a Web 3.0 framework service provider backed by major funds like DWF Labs.

Cristiano Ronaldo was hit with a $1 billion class action lawsuit alleging he unlawfully promoted Binance and sold NFTs leading to investor losses without proper disclosures.

Major esports organization Team Liquid announced a new collaboration with the NFT-based game Illuvium to help test and advise on competitive PvP gameplay.

Square Enix initiated a three-phase NFT auction for its new Web3 game Symbiogenesis this November 27th, offering digital collectibles to support the blockchain-based gameplay.