The latest public company to tackle the non-fungible token market is Mattel with a planned launch centered on its Hot Wheels brand.
What Happened: Three NFTs from the Hot Wheels NFT Garage Series will go up for auction starting on June 22.
There’s a bloodbath going on in the cryptocurrency markets. In the past two months, the price of Bitcoin (CRYPTO: BTC) has fallen from $63,000 to around $38,000. And over the last month, the price of Ethereum (CRYPTO: ETH) has dropped from $4,200 to current levels around $2,400.
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Loopring said that meme cryptocurrency Dogecoin (DOGE) is now available on Ethereum Layer-2 via renDOGE (RENDOGE), noting that the move is in line with Ethereum (ETH) co-creator Vitalik Buterin’s suggestion.
Pantera Capital CEO Dan Morehead took to Twitter on Wednesday to make the point that the Bitcoin (BTC) market was below trend and “it’s best time to buy” for new investors.
Elon Musk’s SpaceX and Geometric Energy Corporation’s plans to send a “DOGE-1 Mission to the Moon” also has a non-fungible token or NFT angle, Hypebeast reported Wednesday.
The global cryptocurrency market capitalization fell 6% to $1.6 trillion on Wednesday night as major coins saw a decline, but digital collateral token Amp (AMP) continued its upward march.
A blockchain developed by the world's top crypto exchange Binance will host the non-fungible marketplace dedicated to the Marvel superhero universe owned by Walt Disney Co. (NYSE: DIS).