ESPN and Autograph, the nonfungible token (NFT) platform co-founded by Tom Brady, announced a multi-year partnership on Wednesday that kicks off with a documentary release and an NFT collection. A 10-part ESPN+ documentary series called "Man in the Arena: Tom Brady" chronicles the milestones of the NFL legend's career through a psychological and emotional lens. The docuseries is produced by Religion of Sports, a media company in which Brady is also a co-founder. Autograph and Religion of Sports designed the “Man in the Arena: Tom Brady Collection” to be ESPN's first series of NFT collectibles. Dropping at the same time …

The Solana network is gaining traction among nonfungible token (NFT) traders as total sales have surged past $1.6 billion, making it the third most active blockchain by NFT sales volume. Data from NFT transaction tracker CryptoSlam confirm that total sales on Solana has reached the milestone. Solana’s visibility among traders is clear as it has also ranked second behind Ethereum (ETH) in total sales over the last 30 days. The Ronin sidechain to Ethereum for the Axie Infinity game is still firmly in second place in the all-time figures with $4 billion in total sales, but the recent Ronin bridge …

The month of March has been a tale of two halves for the cryptocurrency market and the weakness seen since the start of the year has began to fade. Bitcoin's (BTC) strong move above the $40,000 level is helping to lift sentiment across the sector, and DeFi tokens are also beginning to move upward. Data from cryptocurrency market intelligence firm Messari shows that a majority of the top tokens in the DeFi sector have posted double-digit gains over the past 30 days, led by THORChain (RUNE), which has increased by 199.81%, and Aave (AAVE), which has seen its price increase …

Solana (SOL) continued its two-week uptrend on March 30, rising in part owing to its integration with OpenSea, the world's biggest nonfungible token (NFT) by volume. SOL price rises to multi-week highs SOL's price gained 4.5% in the past 24 hours to around $117 per token, its best level since Feb. 11, 2022. The coin's latest move upside pushed its two-week paper returns to over 50%. Nonetheless, SOL/USD is still down 30% on a year-to-date timeframe, risking pullback as the price tested its 200-day exponential moving average (200-day EMA; the blue wave) near $120 as resistance. The 200-day EMA coincided …

Solana (SOL) NFT holders will soon have a new option for where to trade, with OpenSea teasing its integration of the Solana blockchain. A 16-second video shared by the OpenSea Twitter account opened with the phrase “wen solana???” being typed into a search box and revealed that Solana will be supported by the marketplace in April. The best kept secret in web3 pic.twitter.com/xuZn64cZ4U — OpenSea (@opensea) March 29, 2022 Rumors of OpenSea supporting Solana NFTs have circulated for months. Security researcher Jane Manchun Wong — who made Forbes 30 under 30 for her high profile tech leak scoops — shared …

Iconic former English Premier League footballer, David Beckham, has become a global brand ambassador for the DigitalBits blockchain, launching his own range of NFTs in the process. Beckham will release a series of NFTs and “other Blockchain-based digital assets” according to the brand ambassador announcement, with minting taking place on the DigitalBits blockchain. Excited to announce #DavidBeckham has become a Global Ambassador for #DigitalBits! Get ready to explore the world of #Blockchain, #NFTs and #Metaverse with Beckham. More details https://t.co/yafO7W2OuL Thread pic.twitter.com/n54BMeDsnE — DigitalBits (XDB) (@DigitalBitsOrg) March 24, 2022 Beckham said the NFT collections were an “opportunity to create new …

As decentralized finance (DeFi) space grows, regulators are giving more effort to conducting research and providing a means to better understand the emerging industry. Today, the International Organization of Securities (IOSCO) published a report that aims to give a perspective on DeFi and highlight some areas that may be potential areas of concern to regulators. According to the report, DeFi is continuously growing and many of its mechanisms are very similar to traditional financial markets. Apart from mirroring traditional finance, IOSCO mentions that a lot of financial products, services, arrangements, and activities in the DeFi industry sometimes overlap with more …

GameStop has confirmed its integration with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol designed for powering decentralized cryptocurrency exchanges, into their highly anticipated NFT marketplace. Adam Browman, Loopring’s Head of Growth, announced on Medium on Wednesday that the beta version of GameStop's marketplace had gone live. The future of #NFTs are here + they're powered by #Ethereum's second layer Loopring L2 x @GameStop Power to the players. Power to the creators Power to the collectors.#L222https://t.co/0gdvKLivfp — Loopring‍☠️ (@loopringorg) March 23, 2022 According to Browman, GameStop, in partnership with Loopring L2, aims to provide "fast, cheap and secure" access to …

Veve, a nonfungible token (NFT) marketplace with licensed digital collectibles, faced an exploit on Tuesday, resulting in millions of gems (in-app tokens) being acquired illegally. The platform is quite popular among mainstream brands such as Marvel, Pixar, and Coca-Cola, that have chosen Veve as their official launch partner. In an official tweet published on Wednesday, Veve acknowledged the exploit on its platform and said that the attackers managed to acquire a “large amount” of gems illegitimately. The app-based NFT platform has shut the marketplace along with the gems purchase option until the investigation is complete. As a result of this …

Abu Dhabi Global Market (ADGM), the emirate’s free zone, published a consultation paper on March 21 titled “Proposals for enhancements to capital markets and virtual assets in ADGM.” The document contains draft guidelines that, among other asset classes, cover nonfungible token (NFT) trading. The paper proposes that companies with a license from the free zone’s financial regulator be allowed to facilitate NFT trading. Along with sections dedicated to traditional financial instruments, the document contains a little more than a page on virtual assets and NFTs. In this section, the free zone’s chief regulator, the Financial Services Regulatory Authority (FSRA), describes …

Much loved retail video game store chain GameStop (GME) is looking ahead to its long-awaited NFT marketplace and Web3 gaming unit after suffering a net loss of $147.5 million during Q4 2021 GameStop quietly built a barebones NFT website in mid-2021 but has significantly ramped up efforts this year after unveiling an NFT and Web3 gaming division in January along with penning a major partnership with Ethereum (ETH) scaling solution Immutable X the following month to build an NFT marketplace. As part of the Q4 results — ending on January 29 and published on March 17 — GameStop revealed that …

Limewire, a popular peer-to-peer file-sharing website from the early 2000s that went defunct in 2010, is making a reentry in the market with a digital collectible marketplace at the hands of its new owners. In an official announcement on Wednesday, the platform revealed its plans to launch a nonfungible token marketplace focused on the art and music industry. The NFT marketplace is expected to launch in May, and an official NFT with a token reward system is due later this year. The marketplace will be fully curated and is launching with major artist partnerships from the music industry. LimeWire has …