UK Gambling Commission launches an investigation into Sorare
The Gambling Commission in the United Kingdom has launched an inquiry into fantasy NFT soccer game Sorare, to determine if the platform is required to have a gambling license. “The Gambling Commission is currently carrying out enquiries into the company to establish whether Sorare.com requires an operating license or whether the services it provides do […]
Over 900,000 individuals signed up for Coinbase’s NFT platform waitlist, and it’s just the first day
The site crashed because so many individuals attempted to join the waiting list for Coinbase’s new NFT platform. Sanchen Saxena, Coinbase’s Vice President of Product, said on Twitter, “We are getting a LOT of signups — so grateful for all your interest.” “Our servers are experiencing abnormally high loads, and our team is working tirelessly […]
Coinbase announes the launch of an NFT marketplace
Coinbase, cryptocurrency exchange, has announced that a waitlist will be opened for a nonfungible marketplace it hopes to launch later this year, this could provide competition for established marketplaces like OpenSea. Coinbase vice president of product and ecosystem Sanchan Saxena stated in a blog post on Oct. 12 that the nonfungible token, or NFT, marketplace […]
Texas Democratic Party partners with Front Row marketplace to use NFT sales for fundraising
Front Row, marketplace, has announced a partnership with the Texas Democratic Party to test a scheme that will employ nonfungible tokens to raise funds for candidates. Front Row announced in an announcement on Oct. 11 that it had already produced digital images of crucial moments in the progressive movement and was selling nonfungible tokens (NFTs). […]
FTX.US’s NFT marketplace now supports Solana based tokens
FTX.US’s NFT marketplace has expanded support to the Solana Blockchain, allowing users to trade, deposit, and withdraw nonfungibles with plans to integrate Ethereum tokens soon. On Oct. 11, the FTX U.S. registered branch announced the enhanced functionality , disclosing that the marketplace will soon support Ethereum-based tokens. The marketplace is open to both U.S. and […]