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  13. <link>https://thenewsmansion.com</link>
  14. <description>Latest National &#38; International News updates and Current Affairs</description>
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  23. <title>Casio Launches NFT Collection Celebrating 50th Anniversary</title>
  24. <link>https://thenewsmansion.com/casio-launches-nft-collection-celebrating-50th-anniversary-16811.html</link>
  26. <dc:creator><![CDATA[Jennifer Iyer]]></dc:creator>
  27. <pubDate>Thu, 02 May 2024 06:30:46 +0000</pubDate>
  28. <category><![CDATA[Technology]]></category>
  29. <guid isPermaLink="false">https://thenewsmansion.com/casio-launches-nft-collection-celebrating-50th-anniversary-16811.html</guid>
  30.  
  31. <description><![CDATA[Casio has signed strategic partnerships with creators that will design the collection. An iconic Casio watch model would be depicted in each work of art. In a partnership with Astar’s zero-knowledge Ethereum Virtual Machine (zkEVM), world-renowned watchmaker Casio has launched the NFT collection. The release states that this new breakthrough is intended to celebrate Casio’s [&#8230;]]]></description>
  32. <content:encoded><![CDATA[<div>
  33. <ul>
  34. <li><strong>Casio has signed strategic partnerships with creators that will design the collection.</strong></li>
  35. <li><strong>An iconic Casio watch model would be depicted in each work of art.</strong></li>
  36. </ul>
  37. <p>In a partnership with Astar’s zero-knowledge Ethereum Virtual Machine (<a href="https://thenewscrypto.com/blockchain-sequencer-issue-causes-downtime-for-polygon-zkevm/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">zkEVM</a>), world-renowned watchmaker Casio has launched the NFT collection. The release states that this new breakthrough is intended to celebrate Casio’s 50th anniversary. The major partnership with Casio was also announced by Astar Network on X.</p>
  38. <p>It is vital that <a href="https://www.casio.com/in/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Casio</a> and Astar zkEVM, a formidable alliance formed by Astar and <a href="https://polygon.technology/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Polygon</a>, work together to improve scalability. Yoki Origins is a gamified user onboarding experience that Astar zkEVM, powered by Polygon Chain Development Kit (CDK), started using a few months ago. The Ethereum Layer-2 scaling solution is incorporating the Yoki Origins experience into its latest partnership with Casio.</p>
  39. <h3 class="wp-block-heading" id="h-iconic-casio-watch-model-depicted">Iconic Casio Watch Model Depicted</h3>
  40. <p>Among the watchmakers’ creations, the Yoki Origins will showcase the Casio YoPort capsule machine. Interested parties may choose between two versions of the YoPort from Casio. With the former offering one NFT and the latter eight NFTs. May 10 is designated as Reveal Day, thus no one will be able to see the artwork for this item until then.</p>
  41. <p>The Japanese watchmaker has signed strategic partnerships with creators that will design the digital memorabilia for this collection. Notably, the <a href="https://thenewscrypto.com/yuga-labs-announces-firm-reorganization-amidst-nft-market-downturn/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">NFT</a> series for Casio watches include eight pieces of artwork from a variety of artists. An iconic Casio watch model would be depicted in each work of art.</p>
  42. <p>An original G-Shock and Astar valued 10,000 yen (about $64) are among the many prizes up for grabs in the Casio watch NFT sales. One would see the Astar zkEVM logo on the watch.</p>
  43. <p><strong>Highlighted Crypto News Today:</strong></p>
  44. <p><a href="https://thenewscrypto.com/tethers-q1-2024-report-reveals-4-52b-net-profit-and-strong-reserves/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Tether’s Q1 2024 Report Reveals $4.52B Net Profit and Strong Reserves</a></p>
  45. </div>
  46. ]]></content:encoded>
  50. </item>
  51. <item>
  52. <title>Yuga Labs Announces Firm Reorganization Amidst NFT Market Downturn</title>
  53. <link>https://thenewsmansion.com/yuga-labs-announces-firm-reorganization-amidst-nft-market-downturn-16809.html</link>
  55. <dc:creator><![CDATA[Jennifer Iyer]]></dc:creator>
  56. <pubDate>Sat, 27 Apr 2024 18:31:34 +0000</pubDate>
  57. <category><![CDATA[Technology]]></category>
  58. <guid isPermaLink="false">https://thenewsmansion.com/yuga-labs-announces-firm-reorganization-amidst-nft-market-downturn-16809.html</guid>
  59.  
  60. <description><![CDATA[Greg Solano shared the news via a series of tweets and postings on the Slack platform. According to Solano, the goal is to establish a smaller, more agile workforce. The firm reorganization was announced by Yuga Labs, the maker of the Bored Ape Yacht Club (BAYC) NFTs. Greg Solano, who is both a co-founder and [&#8230;]]]></description>
  61. <content:encoded><![CDATA[<div>
  62. <ul>
  63. <li><strong>Greg Solano shared the news via a series of tweets and postings on the Slack platform.</strong></li>
  64. <li><strong>According to Solano, the goal is to establish a smaller, more agile workforce.</strong></li>
  65. </ul>
  66. <p>The firm reorganization was announced by <a href="https://yuga.com/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Yuga Labs</a>, the maker of the Bored Ape Yacht Club (<a href="https://thenewscrypto.com/bayc-nfts-floor-price-hits-lowest-point-since-august-2021/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">BAYC</a>) NFTs. Greg Solano, who is both a co-founder and the company’s newly-returned chief executive officer, made the news via a series of tweets and postings on the Slack platform.</p>
  67. <p>According to <a href="https://twitter.com/CryptoGarga?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Solano</a>, the goal is to establish a smaller, more agile workforce that is in line with crypto-native principles in order to return the firm to its original size and operational foundations. The dynamic nature of the digital asset market necessitates this shift as Yuga Labs strives to regain its status as an innovative firm.</p>
  68. <h3 class="wp-block-heading" id="h-changing-market-conditions">Changing Market Conditions</h3>
  69. <p>Following the layoffs that occurred in October of last year, another wave of layoffs is part of the reorganization plan. The decision is part of a larger strategy to drastically reduce staff in order to boost operational efficiency, although it did not specify how many jobs will be impacted.</p>
  70. <p>This project exemplifies Solano’s aim to return the corporation to its humble beginnings, when it was a lean but mean squad capable of making snap choices. Reducing the difficulties brought on by fast expansion and refocusing attention on critical initiatives that are in line with the company’s fundamental goals are the two main aims.</p>
  71. <p>After a time of rapid expansion, Yuga Labs is now in a position where it has to reorganize. Market conditions have changed since the firm raised $450 million in March 2022, when it was valued at $4 billion. The issue has become much worse due to the decline in ApeCoin’s value and the overall negative trend in the <a href="https://thenewscrypto.com/ton-foundation-announces-600k-airdrop-for-nft-traders-and-holders/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">NFT</a> market.</p>
  72. <p><strong>Highlighted Crypto News Today:</strong></p>
  73. <p><a href="https://thenewscrypto.com/will-bitcoin-bulls-triumph-over-its-current-trials/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Will Bitcoin Bulls Triumph Over its Current Trials?</a></p>
  74. </div>
  75. ]]></content:encoded>
  79. </item>
  80. <item>
  81. <title>TON Foundation Announces $600K Airdrop for NFT Traders and Holders</title>
  82. <link>https://thenewsmansion.com/ton-foundation-announces-600k-airdrop-for-nft-traders-and-holders-16807.html</link>
  84. <dc:creator><![CDATA[Jennifer Iyer]]></dc:creator>
  85. <pubDate>Fri, 26 Apr 2024 06:30:51 +0000</pubDate>
  86. <category><![CDATA[Technology]]></category>
  87. <guid isPermaLink="false">https://thenewsmansion.com/ton-foundation-announces-600k-airdrop-for-nft-traders-and-holders-16807.html</guid>
  88.  
  89. <description><![CDATA[The 105,600 TON airdrop snapshot was captured on April 23 at 8:00 AM CEST. It is for eligible active traders on the NFT markets of Getgems, xRare, and Ton NFT Diamonds. The TON Foundation has recently announced an airdrop for active NFT traders and holders worth $600K. An announcement was made by the TON Foundation [&#8230;]]]></description>
  90. <content:encoded><![CDATA[<div>
  91. <ul>
  92. <li><strong>The 105,600 TON airdrop snapshot was captured on April 23 at 8:00 AM CEST.</strong></li>
  93. <li><strong>It is for eligible active traders on the NFT markets of Getgems, xRare, and Ton NFT Diamonds.</strong></li>
  94. </ul>
  95. <p>The <a href="https://thenewscrypto.com/future3-campus-and-ton-foundation-announce-bootcamp-for-mini-app-builders-in-telegrams-web3-ecosystem/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">TON Foundation</a> has recently announced an airdrop for active <a href="https://thenewscrypto.com/shiba-inu-shib-climbs-17-with-shiboshis-nfts-spearhead-growth/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">NFT</a> traders and holders worth $600K. An announcement was made by the TON Foundation on X about an airdrop of 105,600 TON. This was made available to active traders on the NFT markets of Getgems, <a href="https://twitter.com/xrarenft" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">xRare</a>, and Ton NFT Diamonds.</p>
  96. <p>The 105,600 <a href="https://thenewscrypto.com/ramp-network-facilitates-usdt-on-ton-transactions-for-global-users/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">TON</a> airdrop snapshot was captured on April 23 at 8:00 AM CEST, according to the crypto firm’s statement on X. Importantly, the airdrop was open to active traders on the aforementioned NFT platforms from April 11 (2 PM CEST) until April 23 (8 AM CEST).</p>
  97. <h3 class="wp-block-heading" id="h-redeem-points-for-ton">Redeem Points for TON</h3>
  98. <p>Moreover, having said that, the airdrop did not support Sybil wallet addresses, non-wallet addresses, or owners of NFT collections. Additionally, the event was open to all NFT collections on the aforementioned markets.</p>
  99. <p>Furthermore, curiosity piqued, the TON Foundation decided against a point system that would have let users earn airdrop rewards based on a variety of on-chain criteria. It is worth mentioning that the user will get 1 point if the number of NFT collections transferred falls between 2 and 4. Likewise, the amount of points in hand grows in direct proportion to the number of collections traded, highlighting a straight proportional link between points gathered and incentives.</p>
  100. <p>Points were also distributed according to other metrics, such as the total number of NFT transactions and the amount of NFT trading per user. Participants in the airdrop would be able to redeem their points for TON, the native token of the Ton blockchain, as incentives.</p>
  101. <p><strong>Highlighted Crypto News Today:</strong></p>
  102. <p><a href="https://thenewscrypto.com/shiba-inu-unveils-ambitious-roadmap-for-shibarium-ecosystem/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Shiba Inu Unveils Ambitious Roadmap for Shibarium Ecosystem</a></p>
  103. </div>
  104. ]]></content:encoded>
  108. </item>
  109. <item>
  110. <title>Blockchain Life 2024 Thunderstruck in Dubai</title>
  111. <link>https://thenewsmansion.com/blockchain-life-2024-thunderstruck-in-dubai-16805.html</link>
  113. <dc:creator><![CDATA[Crypto Chain Wire]]></dc:creator>
  114. <pubDate>Wed, 24 Apr 2024 10:30:43 +0000</pubDate>
  115. <category><![CDATA[Press Release]]></category>
  116. <guid isPermaLink="false">https://thenewsmansion.com/blockchain-life-2024-thunderstruck-in-dubai-16805.html</guid>
  117.  
  118. <description><![CDATA[The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai. Representatives of the crypto industry have always stood apart, largely due to their unique character and the nature of their activities. After [&#8230;]]]></description>
  119. <content:encoded><![CDATA[<div><p></p>
  120. <p>The 12th edition of the Blockchain Life Forum, known as the leading gathering for global cryptocurrency leaders, concluded with an impressive turnout of 10,162 attendees despite the unprecedented storm that happened in Dubai.</p>
  121.  
  122.  
  123.  
  124. <p>Representatives of the crypto industry have always stood apart, largely due to their unique character and the nature of their activities. After all, they are pioneers. And the most massive flood in Dubai in the last century did not prevent 10,162 people from meeting at the long-awaited Blockchain Life 2024, even despite the postponement of the second day of the forum. Needless to say, the atmosphere on the site was indescribable – a very special unity saturated the air.</p>
  125.  
  126.  
  127.  
  128. <p>Throughout the event, the crypto community engaged in insightful discussions, made valuable connections, and struck important deals. Forum stages featured over 160 renowned speakers and industry leaders, including heads and management of Binance, Chainlink, Tron, Bybit, OKX, DFINITY, Ledger, Animoca Brands, Ton, Cardano, Singularity Net, LayerZero, Tether, Ripple, Trust Wallet and more.</p>
  129.  
  130.  
  131.  
  132. <figure class="wp-block-image size-large"><img decoding="async" src="https://www.cryptochainwire.com/wp-content/uploads/2024/04/Crypto-community-Blockchain-life-2024-1024x1024.png" alt="" class="wp-image-3719"></figure>
  133.  
  134.  
  135.  
  136. <figure class="wp-block-image size-large"><img decoding="async" src="https://www.cryptochainwire.com/wp-content/uploads/2024/04/Prominner-1024x683.jpg" alt="" class="wp-image-3718"></figure>
  137.  
  138.  
  139.  
  140. <p>The exhibition of crypto companies featured 133 booths, which makes it the largest web3 expo in 2024. Such giants as OKX, HTX, Bybit, Bitget, BingX, Listing.Help, and Uminers presented their services, products and teams. This offered attendees a firsthand look at the latest technologies and innovations shaping the ecosystem.</p>
  141.  
  142.  
  143.  
  144. <figure class="wp-block-image size-large"><img decoding="async" src="https://www.cryptochainwire.com/wp-content/uploads/2024/04/Blockchain-Life-2024-uminers-1024x1024.png" alt="" class="wp-image-3720"></figure>
  145.  
  146.  
  147.  
  148. <p>“This year, we reached a milestone with 10,162 attendees. They know that the current market growth is just the beginning of a real explosion. The next wave is coming, which is why top projects, insiders, and funds gathered at Blockchain Life to finalize their preparations. Now, we are gearing up for a historic bull run that will be remembered for years.” commented the organizer of Blockchain Life, Sergei Khitrov.</p>
  149.  
  150.  
  151.  
  152. <figure class="wp-block-image size-large"><img decoding="async" src="https://www.cryptochainwire.com/wp-content/uploads/2024/04/Blockchain-Life-2024-After-Party-1024x683.png" alt="" class="wp-image-3721"></figure>
  153.  
  154.  
  155.  
  156. <p>As a grand conclusion to the forum, participants were treated to the celebrated Legendary AfterParty at one of the world’s premier clubs. Hours of informal networking with the cream of the industry took place in an all-inclusive format. The highlight of the event was an incredible live concert by the internationally acclaimed hitmaker, Alan Walker. With his chart-topping songs, Alan Walker captivated over 1,400 participants, showcasing the event’s impressive global reach.<a href="https://drive.google.com/file/d/1vYXgxtAvJrL90BGicMASKCvPwU3HuW1g/view?usp=sharing" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external"><strong><br></strong><strong><br></strong></a>Looking ahead, the 13th edition of Blockchain Life is scheduled to be held on October 22-23, 2024, providing participants with an opportunity to highlight their accomplishments and set the groundwork for future success. </p>
  157.  
  158.  
  159.  
  160. <p>Presale tickets and sponsorship applications for the upcoming Blockchain Life event are currently available – please visit <a href="https://blockchain-life.com/?utm_source=site.com&amp;utm_medium=referral&amp;utm_campaign=zexpr" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">https://blockchain-life.com</a> for more information.</p>
  161.  
  162.  
  163.  
  164. <p>The organizers of Blockchain Life 2024 – Listing.Help and Jets.Capital.</p>
  165.  
  166.  
  167.  
  168. <p>General Sponsor of Blockchain Life 2024 and the Official AfterParty – Uminers.</p>
  169. </div>]]></content:encoded>
  173. </item>
  174. <item>
  175. <title>Beyond Centralization: Exploring a New Era at the World Blockchain Summit</title>
  176. <link>https://thenewsmansion.com/beyond-centralization-exploring-a-new-era-at-the-world-blockchain-summit-16803.html</link>
  178. <dc:creator><![CDATA[Crypto Chain Wire]]></dc:creator>
  179. <pubDate>Tue, 23 Apr 2024 10:30:44 +0000</pubDate>
  180. <category><![CDATA[Press Release]]></category>
  181. <guid isPermaLink="false">https://thenewsmansion.com/beyond-centralization-exploring-a-new-era-at-the-world-blockchain-summit-16803.html</guid>
  182.  
  183. <description><![CDATA[The first day of the 29th global edition World Blockchain Summit concluded in Dubai, marked by a surge in enthusiasm for the technology&#8217;s future in the MENA region. Hosted at the JW Marriott Hotel Marina, the two-day event brought together industry leaders and innovators, highlighting the seamless integration of blockchain solutions into real-world scenarios. Despite [&#8230;]]]></description>
  184. <content:encoded><![CDATA[<div><p></p>
  185. <p>The first day of the 29th global edition World Blockchain Summit concluded in Dubai, marked by a surge in enthusiasm for the technology&#8217;s future in the MENA region. Hosted at the JW Marriott Hotel Marina, the two-day event brought together industry leaders and innovators, highlighting the seamless integration of blockchain solutions into real-world scenarios.</p>
  186.  
  187.  
  188.  
  189. <p>Despite the challenge due to weather conditions in Dubai, the event attendance was remarkable with its turnout, sparking lively discussions, setting a dynamic course for blockchain’s evolution in the MENA region. True to its reputation, the Summit assembled prominent thinkers and showcased groundbreaking ideas. It provided an unrivaled space for attendees to learn, connect, and forge strategic partnerships.</p>
  190.  
  191.  
  192.  
  193. <p>Day one was marked by rich dialogue, inspiring keynote addresses, and forward-thinking ideas poised to expedite the adoption of crucial blockchain trends across vital economic sectors including finance and supply chain management.</p>
  194.  
  195.  
  196.  
  197. <p>In an inspiring opening address, Naveen Bharadwaj, Trescon&#8217;s Group CEO, kicked off the summit with a warm welcome, prepping the audience for an immersive exploration of Web3 and the key issues defining the blockchain world</p>
  198.  
  199.  
  200.  
  201. <p>Wolfgang Grabher, Founder, CEO and Chairman, SUN AG, delivered a keynote on how blockchain technology is revolutionizing the food industry. Addressing how 100 per cent token burn gives you food for free while also shining the spotlight on how falling token prices can be a good thing.</p>
  202.  
  203.  
  204.  
  205. <p>The day also featured a compelling panel discussion on decentralized finance (DeFi), led by Maha Al-Saadi, Head of Regulatory Affairs, QFC Financial Services Sector. The discussion focused on DeFi&#8217;s transformative impact on the financial sector and the integration of blockchain technology into its development. Panelists including Neeraj Khandelwal, Co-founder of CoinDCX &amp; Okto; Talal Tabbaa, CEO &amp; Co-Founder of Coin MENA; and Bandar Altunisi, Head of Development for Binance in Saudi Arabia, Head of Institutional Relationships for Binance Dubai (FZE), Binance, explored the synergy between DeFi and traditional finance systems.</p>
  206.  
  207.  
  208.  
  209. <p>A highlight of the day was a lively panel debate titled &#8216;Crypto Payments Evolution: Charting the Course Through Latest Innovations.&#8217;, led by Kevin Soltani, CEO, GIMA group. The discussion focused on the rise of stablecoins while examining the rapid advancements in blockchain interoperability solutions in enabling seamless communication and data transfer between networks. Panelist Jehanzeb Awan, Chairman, Crypto &amp; Blockchain Association, Middle East, Africa &amp; Asia; Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC. Circle; Reece Merrick, Managing Director, Middle East &amp; Africa. Ripple, explored the role of CBDCs in reshaping the future of payments.</p>
  210.  
  211.  
  212.  
  213. <p>&#8220;We&#8217;re excited to bring together leading blockchain minds for another edition of the World Blockchain Summit, shaping the future of the industry.&#8221; said Naveen Bharadwaj, CEO of Trescon, &#8220;The Summit showcased Dubai&#8217;s role as a breeding ground for innovation, driving global blockchain adoption.&#8221;</p>
  214.  
  215.  
  216.  
  217. <p>With Day 1 wrapping up successfully, anticipation builds for what Day 2 will unveil. For more details on the World Blockchain Summit, please visit: <a href="https://www.worldblockchainsummit.com/" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">https://www.worldblockchainsummit.com/</a></p>
  218.  
  219.  
  220.  
  221. <p><strong>The 29th edition of the World Blockchain Summit is supported by:</strong></p>
  222.  
  223.  
  224.  
  225. <p>Strategic Partners &#8211; <a href="https://api.newsfilecorp.com/redirect/eLGnmS8BBg" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">DIFC Innovation Hub</a> , <a href="https://api.newsfilecorp.com/redirect/85xKMs477v" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">Dubai AI &amp; Web3 Campus</a></p>
  226.  
  227.  
  228.  
  229. <p>Co-Host &#8211; <a href="https://api.newsfilecorp.com/redirect/yEmNWuonnL" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">Sun Minimeal</a></p>
  230.  
  231.  
  232.  
  233. <p>After Party Sponsor &#8211; <a href="https://api.newsfilecorp.com/redirect/1pEw7IN55n" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">Floxypay</a></p>
  234.  
  235.  
  236.  
  237. <p>Gold Sponsors &#8211; Cardano Foundation , Medifakt, Crypto2Cash, Anbruggen, Bitflex</p>
  238.  
  239.  
  240.  
  241. <p>Silver Sponsors- Kreation, Coingames, Reat Capital, ACM Finance , Website AI, Vision Chain</p>
  242.  
  243.  
  244.  
  245. <p>Lanyard Sponsor- M2</p>
  246.  
  247.  
  248.  
  249. <p>Badge Sponsor &#8211; Ledn</p>
  250.  
  251.  
  252.  
  253. <p>Lunch Sponsor &#8211; Payper</p>
  254.  
  255.  
  256.  
  257. <p>Bronze Sponsor- BitGo, M2 , Block Convey, Genesis Digital Assets , Hedge , Golfin, Build-AI</p>
  258.  
  259.  
  260.  
  261. <p>Pitch Partners &#8211; Reat Capital , soukcola , MeAI , Zherpa , FidesInnova Labs, Pentagon Games</p>
  262.  
  263.  
  264.  
  265. <p>Exhibitors- DSQ Solutions , Reltime, Qoneqt , C# Corner , Islamic Dinar, Technoloader, Verichains, Vault, Ecotrader.io, Ideofuzion, NuChain, LCX</p>
  266.  
  267.  
  268.  
  269. <p>Official Accommodation Partner- HotelPlanner</p>
  270.  
  271.  
  272.  
  273. <p>Ecosystem Partner &#8211; Entrepreneur Media</p>
  274.  
  275.  
  276.  
  277. <p>Business Broadcast Partner &#8211; CNBC Arabia</p>
  278.  
  279.  
  280.  
  281. <p>Official Newspaper Partner- The Fintech Times</p>
  282.  
  283.  
  284.  
  285. <p>Official Digital PR Distribution Partner &#8211; ZEX PR Wire</p>
  286.  
  287.  
  288.  
  289. <p>ABM Partner- Demandify</p>
  290.  
  291.  
  292.  
  293. <p>Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association</p>
  294.  
  295.  
  296.  
  297. <p>Prime Media Partner- Demandteq</p>
  298.  
  299.  
  300.  
  301. <p>Community Partner &#8211; Hyperledger Foundation, THE DIGITAL CHAMBER</p>
  302.  
  303.  
  304.  
  305. <p><strong>About World Blockchain Summit (WBS)</strong></p>
  306.  
  307.  
  308.  
  309. <p>World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.</p>
  310.  
  311.  
  312.  
  313. <p>WBS is the world&#8217;s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.</p>
  314.  
  315.  
  316.  
  317. <p><strong>For media Inquiries or partnerships please get in touch with:</strong></p>
  318.  
  319.  
  320.  
  321. <p>Shadi Dawi</p>
  322.  
  323.  
  324.  
  325. <p>PR &amp; Partnerships Director</p>
  326.  
  327.  
  328.  
  329. <p>shadi@tresconglobal.com</p>
  330.  
  331.  
  332.  
  333. <p>+971 55 498 4989</p>
  334. </div>]]></content:encoded>
  338. </item>
  339. <item>
  340. <title>Yuga Labs Sells 2 NFT Gaming IPs to Faraway Amid Refocusing Efforts</title>
  341. <link>https://thenewsmansion.com/yuga-labs-sells-2-nft-gaming-ips-to-faraway-amid-refocusing-efforts-16801.html</link>
  343. <dc:creator><![CDATA[Jennifer Iyer]]></dc:creator>
  344. <pubDate>Thu, 18 Apr 2024 18:30:45 +0000</pubDate>
  345. <category><![CDATA[Technology]]></category>
  346. <guid isPermaLink="false">https://thenewsmansion.com/yuga-labs-sells-2-nft-gaming-ips-to-faraway-amid-refocusing-efforts-16801.html</guid>
  347.  
  348. <description><![CDATA[Yuga Labs has sold the IP for two of its games, HV-MTL and Legends of the Mara. Its flagship BAYC collection is one of the most severely affected top NFT collections. As part of its previously stated decision to refocus, Yuga Labs, the organization behind NFT collection Bored Ape Yacht Club (BAYC), has sold the [&#8230;]]]></description>
  349. <content:encoded><![CDATA[<div>
  350. <ul>
  351. <li><strong>Yuga Labs has sold the IP for two of its games, HV-MTL and Legends of the Mara.</strong></li>
  352. <li><strong>Its flagship BAYC collection is one of the most severely affected top NFT collections.</strong></li>
  353. </ul>
  354. <p>As part of its previously stated decision to refocus, Yuga Labs, the organization behind NFT collection Bored Ape Yacht Club (<a href="https://thenewscrypto.com/bayc-nfts-floor-price-hits-lowest-point-since-august-2021/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">BAYC</a>), has sold the IP for two of its games, HV-MTL and Legends of the Mara.</p>
  355. <p>In a post made to X on April 17, Yuga Labs stated that the IP had been bought by Web3 gaming studio Faraway. They also said that Faraway’s new chief product officer, Spencer Tucker, would be joining the company to maintain consistency across titles.</p>
  356. <h3 class="wp-block-heading" id="h-refocusing-efforts-nbsp">Refocusing Efforts </h3>
  357. <p>Managing and leveling up one’s NFTs and local settings is at the heart of HV-MTL, a “mech” game focused on <a href="https://thenewscrypto.com/donald-trumps-first-edition-nft-collection-sees-99-trading-volume-drop/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">NFTs</a>. Legends of the Mara, meanwhile, is an adventure game that was released on April 30, 2022, as part of the Otherside metaverse.</p>
  358. <p>Moreover, longtime collaborators Faraway and Yuga Labs have collaborated on projects like Serum City, a Mutant Ape Yacht Club-themed game. Also, an effort to “unshackle” the team is shown in Yuga’s decision to transfer its gaming IP to Faraway. It was unveiled in February of this year, when co-founder Greg Solano returned to Yuga and succeeded <a href="https://twitter.com/dalegre?lang=en" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Daniel Allegre</a> as CEO.</p>
  359. <p><a href="https://twitter.com/CryptoGarga?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Greg Solano</a> wrote in a Feb. 22 post on X:</p>
  360. <blockquote class="wp-block-quote">
  361. <p>“We want to unshackle the BAYC team at Yuga as much as possible to execute against its vision. More focus, more agility.”</p>
  362. </blockquote>
  363. <p>Its flagship BAYC collection is one of the most severely affected top NFT collections, and the statement on Wednesday comes as NFTs undergo a wider slump throughout the market.</p>
  364. <p><strong>Highlighted Crypto News Today:</strong></p>
  365. <p><a href="https://thenewscrypto.com/binance-reportedly-plans-return-to-indian-market-post-2-million-fine/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Binance Reportedly Plans Return to Indian Market Post $2 Million Fine</a></p>
  366. </div>
  367. ]]></content:encoded>
  371. </item>
  372. <item>
  373. <title>Elevating Possibilities: The Countdown for WBS Dubai Begins!</title>
  374. <link>https://thenewsmansion.com/elevating-possibilities-the-countdown-for-wbs-dubai-begins-16799.html</link>
  376. <dc:creator><![CDATA[Crypto Chain Wire]]></dc:creator>
  377. <pubDate>Wed, 17 Apr 2024 10:30:44 +0000</pubDate>
  378. <category><![CDATA[Press Release]]></category>
  379. <guid isPermaLink="false">https://thenewsmansion.com/elevating-possibilities-the-countdown-for-wbs-dubai-begins-16799.html</guid>
  380.  
  381. <description><![CDATA[Mark your calendars for an unparalleled gathering of blockchain and web3 pioneers as the 29th World Blockchain Summit, organized by Trescon and co-hosted by Sun Minimeal, is set to take the stage in Dubai. Scheduled for April 22-23, 2024, at the iconic JW Marriott Hotel Marina, this summit promises to be a cornerstone event, spotlighting [&#8230;]]]></description>
  382. <content:encoded><![CDATA[<div><p></p>
  383. <p>Mark your calendars for an unparalleled gathering of blockchain and web3 pioneers as the 29th World Blockchain Summit, organized by Trescon and co-hosted by Sun Minimeal, is set to take the stage in Dubai. Scheduled for April 22-23, 2024, at the iconic JW Marriott Hotel Marina, this summit promises to be a cornerstone event, spotlighting the UAE&#8217;s progressive embrace of web3 technology and its vision for a future shaped by digital innovation.</p>
  384.  
  385.  
  386.  
  387. <p>The World Blockchain Summit has established itself as a seminal series, bringing together a global cadre of blockchain enthusiasts, innovators, visionaries, thought leaders, and policymakers. This forum serves as a critical platform for deliberating on the integration and implications of blockchain technology across vital sectors, reflecting the global economy&#8217;s evolving digital landscape.</p>
  388.  
  389.  
  390.  
  391. <p>Amidst Dubai&#8217;s transition towards a digital-first economy, bolstered by strategic government initiatives and a burgeoning digital infrastructure, the city emerges as a global beacon for blockchain and web3 innovation. The inauguration of the Dubai AI &amp; Web3 Campus by DIFC, coupled with the establishment of the Virtual Assets Regulatory Authority (VARA) in Dubai, underscores the region&#8217;s commitment to fostering a dynamic digital ecosystem, attracting investors and innovators worldwide.</p>
  392.  
  393.  
  394.  
  395. <p>The upcoming summit anticipates over 2,000 web3 decision-makers, 300+ investors, and more than 100 distinguished speakers. A highlight of the event is the regional finale of the Startup World Cup, orchestrated by the globally renowned venture capital firm, Pegasus Ventures. This competition offers startups a gateway to global recognition and a shot at securing US$1 million in funding at the global finals in San Francisco.</p>
  396.  
  397.  
  398.  
  399. <p>#WBSDubai will showcase a series of compelling keynote addresses, use-case presentations by leading blockchain experts, and thought-provoking panel discussions. The agenda will cover pivotal topics such as the role of Central Bank Digital Currencies (CBDCs), the potential of blockchain to enhance ESG impacts, and the importance of interoperability within the blockchain ecosystem and more.</p>
  400.  
  401.  
  402.  
  403. <p>Some of the notable speakers attending the event include:</p>
  404.  
  405.  
  406.  
  407. <ul>
  408. <li>Pascal Gauthier, Chairman &amp; CEO, Ledger</li>
  409.  
  410.  
  411.  
  412. <li>Roham Gharegozlou, Co-founder and CEO, Dapper Labs</li>
  413.  
  414.  
  415.  
  416. <li>George Gvazava, Chief Crypto Officer, Bank of Georgia</li>
  417.  
  418.  
  419.  
  420. <li>Miriam Kiwan, Vice President of MEA, the issuer of leading regulated stablecoin, USDC., Circle</li>
  421.  
  422.  
  423.  
  424. <li>Yosuke Yoshida, Co-CEO of EMURGO Middle East &amp; Africa CEO of EMURGO Kepple Ventures, EMURGO</li>
  425.  
  426.  
  427.  
  428. <li>Bandar Altunisi, Head of Development for Binance in Saudi Arabia Head of Institutional Relationships for Binance Dubai (FZE), Binance</li>
  429.  
  430.  
  431.  
  432. <li>Stefan Kimmel, CEO, M2</li>
  433.  
  434.  
  435.  
  436. <li>Richard Muirhead, Managing Partner, Fabric Ventures</li>
  437. </ul>
  438.  
  439.  
  440.  
  441. <p>Sharing their enthusiasm about the event, George Gvazava, Chief Crypto Officer, Bank of Georgia said,” In the realm of innovation, the World Blockchain Summit serves not only as a gathering of minds but as a crucible, where ideas are forged into the connections, use-cases and technologies of tomorrow.”</p>
  442.  
  443.  
  444.  
  445. <p>&#8220;As Dubai spearheads the UAE&#8217;s digital transformation, blockchain technology plays a central role. Trescon is at the nexus, linking pioneering entrepreneurs with elite global investors. The World Blockchain Summit stands as the definitive forum for revealing the forefront of blockchain innovation and insights,” states Sharath Ravi, CMO, Trescon.</p>
  446.  
  447.  
  448.  
  449. <p>Hurry, registration for the World Blockchain Summit in Dubai is still available! Reserve your spot now to be part of one of the year&#8217;s most anticipated blockchain and cryptocurrency gatherings. Act fast to seize this exclusive chance to participate and secure your tickets and sponsorship today!!</p>
  450.  
  451.  
  452.  
  453. <p><strong>The 29th edition of the World Blockchain Summit is supported by:</strong></p>
  454.  
  455.  
  456.  
  457. <p>Strategic Partners – <a href="https://www.difc.ae/ecosystem/innovation-hub" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">DIFC Innovation Hub</a> , <a href="https://daiw3c.com/" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">Dubai AI &amp; Web3 Campus</a></p>
  458.  
  459.  
  460.  
  461. <p>Co-Host – <a href="https://www.minimeal.com/" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">Sun Minimeal</a></p>
  462.  
  463.  
  464.  
  465. <p>After Party Sponsor &#8211; <a href="https://floxypay.io/" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">Floxypay</a></p>
  466.  
  467.  
  468.  
  469. <p>Gold Sponsors – Cardano Foundation ,  Medifakt, Crypto2Cash, Anbruggen, Bitflex</p>
  470.  
  471.  
  472.  
  473. <p>Silver Sponsors- Kreation, Coingames, Reat Capital , ACM Finance , Website AI</p>
  474.  
  475.  
  476.  
  477. <p>Lanyard  Sponsor- M2</p>
  478.  
  479.  
  480.  
  481. <p>Badge Sponsor &#8211; Ledn</p>
  482.  
  483.  
  484.  
  485. <p>Lunch Sponsor &#8211; Payper</p>
  486.  
  487.  
  488.  
  489. <p>Bronze Sponsor- BitGo, M2 ,  Block Convey, Genesis Digital Assets , Hedge , Golfin</p>
  490.  
  491.  
  492.  
  493. <p>Pitch Partners &#8211; Reat Capital , soukcola , MeAI , Zherpa , FidesInnova Labs</p>
  494.  
  495.  
  496.  
  497. <p>Exhibitors- DSQ Solutions ,  Reltime, Qoneqt , C# Corner , Islamic Dinar</p>
  498.  
  499.  
  500.  
  501. <p>Official Accommodation Partner- HotelPlanner</p>
  502.  
  503.  
  504.  
  505. <p>Ecosystem Partner &#8211; Entrepreneur Media</p>
  506.  
  507.  
  508.  
  509. <p>Business Broadcast Partner – CNBC Arabia</p>
  510.  
  511.  
  512.  
  513. <p>Official Newspaper Partner- The Fintech Times</p>
  514.  
  515.  
  516.  
  517. <p>Official Digital PR Distribution Partner &#8211; ZEX PR Wire</p>
  518.  
  519.  
  520.  
  521. <p>ABM Partner- Demandify</p>
  522.  
  523.  
  524.  
  525. <p>Association Partners- Crypto and Blockchain Association, Blockchain Council, Asia Web3 Alliance Japan, European Blockchain Association</p>
  526.  
  527.  
  528.  
  529. <p>Prime Media Partner- Demandteq</p>
  530.  
  531.  
  532.  
  533. <p>Community Partner &#8211; Hyperledger Foundation</p>
  534.  
  535.  
  536.  
  537. <p><strong>About World Blockchain Summit (WBS)</strong></p>
  538.  
  539.  
  540.  
  541. <p>World Blockchain Summit (WBS) is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally.</p>
  542.  
  543.  
  544.  
  545. <p>WBS is the world&#8217;s longest-running blockchain, crypto, and web 3-focused summit series. Since our inception in 2017, we have hosted more than 20 editions in 11 countries as we strived to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging startups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.</p>
  546.  
  547.  
  548.  
  549. <p>To book your tickets, visit: <a href="https://www.worldblockchainsummit.com/dxb-apr-24?utm_source=media%20email%20rd2&amp;utm_medium=CNBC#Ticket-booking-sections" data-wpel-link="external" target="_blank" rel="nofollow external noopener noreferrer">https://www.worldblockchainsummit.com/dxb-apr-24?utm_source=media%20PR%20rd3&amp;utm_medium=ZexPR#Ticket-booking-sections</a></p>
  550.  
  551.  
  552.  
  553. <p><strong>Contact</strong></p>
  554.  
  555.  
  556.  
  557. <p>Shadi Dawi</p>
  558.  
  559.  
  560.  
  561. <p>Director, Public Relations &amp; Partnerships – MENA, Trescon</p>
  562.  
  563.  
  564.  
  565. <p>shadi@tresconglobal.com</p>
  566.  
  567.  
  568.  
  569. <p>+971 55 498 4989</p>
  570. </div>]]></content:encoded>
  574. </item>
  575. <item>
  576. <title>BAYC NFTs Floor Price Hits Lowest Point Since August 2021</title>
  577. <link>https://thenewsmansion.com/bayc-nfts-floor-price-hits-lowest-point-since-august-2021-16797.html</link>
  579. <dc:creator><![CDATA[Jennifer Iyer]]></dc:creator>
  580. <pubDate>Tue, 16 Apr 2024 18:31:00 +0000</pubDate>
  581. <category><![CDATA[Technology]]></category>
  582. <guid isPermaLink="false">https://thenewsmansion.com/bayc-nfts-floor-price-hits-lowest-point-since-august-2021-16797.html</guid>
  583.  
  584. <description><![CDATA[BAYC has fallen 50% since March 1 and is presently reaching a sub-10 NFT floor price. The NFT project, which was backed by Yuga Labs, began in April 2021. At 11.1 Ether (ETH), the floor price of Bored Ape Yacht Club (BAYC) NFTs has dropped to its lowest position since August 2021, a precipitous decline [&#8230;]]]></description>
  585. <content:encoded><![CDATA[<div>
  586. <ul>
  587. <li><strong>BAYC has fallen 50% since March 1 and is presently reaching a sub-10 NFT floor price.</strong></li>
  588. <li><strong>The NFT project, which was backed by Yuga Labs, began in April 2021.</strong></li>
  589. </ul>
  590. <p>At 11.1 Ether (<a href="http://ethereum.org/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">ETH</a>), the floor price of Bored Ape Yacht Club (<a href="https://thenewscrypto.com/why-did-this-bayc-holder-send-legal-notice-to-yuga-labs/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">BAYC</a>) NFTs has dropped to its lowest position since August 2021, a precipitous decline of more than 90% from its high. NFT Price Floor reports that BAYC has fallen 50% since March 1 and is presently reaching a sub-10 NFT floor price.</p>
  591. <p>The NFT project, which was backed by <a href="https://yuga.com/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Yuga Labs</a>, began in April 2021; so, the NFT price floor is now at the same level as it was four months post launch. With the industry-wide reduction in demand for art NFTs, the NFT collection has fallen from its high of 128 Ether (ETH) established on May 1, 2022.</p>
  592. <h3 class="wp-block-heading" id="h-viability-of-digital-art-nfts">Viability of Digital Art NFTs</h3>
  593. <p>On the other hand, it’s worth mentioning that certain BAYC NFTs have managed to sell for far more than their floor price. The floor price is determined by looking at the <a href="https://thenewscrypto.com/donald-trumps-first-edition-nft-collection-sees-99-trading-volume-drop/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">NFT</a> with the lowest price in a specific collection.</p>
  594. <p>Just last month, BAYC #830 fetched 504.3 Ether, which was equivalent to $1.92 million at the time. A number of other rare items have also recently fetched prices exceeding 30 Ether. Even CryptoPunks, the most valuable NFT collection by market capitalization, has seen a decline from its all-time high of 113.9 Ether, although a more modest 64%.</p>
  595. <p>At the same time, observers in the field are still debating the viability of digital art NFTs. According to LongHash Ventures co-founder Shi Khai Wei, digital art NFTs were never intended to stand alone as projects, and their development teams should think about how to combine them with other blockchain-related sectors so they can be more valuable.</p>
  596. <p><strong>Highlighted Crypto News Today:</strong></p>
  597. <p><a href="https://thenewscrypto.com/meta-unveils-enterprise-level-metaverse-quest-services-for-education-sector/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Meta Unveils Enterprise-Level Metaverse Quest Services for Education Sector</a></p>
  598. </div>
  599. ]]></content:encoded>
  603. </item>
  604. <item>
  605. <title>Meta Unveils Enterprise-Level Metaverse Quest Services for Education Sector</title>
  606. <link>https://thenewsmansion.com/meta-unveils-enterprise-level-metaverse-quest-services-for-education-sector-16795.html</link>
  608. <dc:creator><![CDATA[Stepan Aksenov]]></dc:creator>
  609. <pubDate>Tue, 16 Apr 2024 06:31:02 +0000</pubDate>
  610. <category><![CDATA[Education]]></category>
  611. <guid isPermaLink="false">https://thenewsmansion.com/meta-unveils-enterprise-level-metaverse-quest-services-for-education-sector-16795.html</guid>
  612.  
  613. <description><![CDATA[Meta has introduced a plethora of enterprise metaverse products and services. The move indicated a departure from personalized user experiences like games. The educational sector will soon get access to Meta’s enterprise-level Quest services, the social media behemoth said on April 15. When it comes to extended reality (XR) headsets, the Quest models from this [&#8230;]]]></description>
  614. <content:encoded><![CDATA[<div>
  615. <ul>
  616. <li><strong>Meta has introduced a plethora of enterprise metaverse products and services.</strong></li>
  617. <li><strong>The move indicated a departure from personalized user experiences like games.</strong></li>
  618. </ul>
  619. <p>The educational sector will soon get access to <a href="https://thenewscrypto.com/metas-reality-labs-witnesses-quarterly-operating-loss-of-4-6b/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Meta’s</a> enterprise-level Quest services, the social media behemoth said on April 15. When it comes to extended reality (XR) headsets, the Quest models from this business are “by far the most popular on the market,” as <a href="https://www.statista.com/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Statista</a> puts it. </p>
  620. <p>Moreover, by the end of 2024, the industry is projected to have over 34 million units deployed. Statista estimates that there were 14.2 million VR users in 2020; if this forecast holds, the industry would have grown at a CAGR of over 27.3% since then.</p>
  621. <h3 class="wp-block-heading" id="h-departure-from-personalized-user-experiences">Departure from Personalized User Experiences</h3>
  622. <p>Meta has introduced a plethora of enterprise <a href="https://thenewscrypto.com/u-s-manufacturers-embracing-metaverse-as-per-world-economic-forum/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">metaverse</a> products and services in an effort to preserve its dominant position. According to a recent report, the move indicated a departure from personalized user experiences like games and one-time immersion environments. A stronger emphasis on educational goods and services seems to be the next step in this change.</p>
  623. <p>Furthermore, details and the name of the new product will be announced “in the coming months,” and it is expected to be fully launched by the end of 2024. Also, it will be accessible in the Quest for Business market, which encompasses the majority of European, Australian, Canadian, Japanese, New Zealand, and American regions, as stated in the blog post.</p>
  624. <p>Meta listed a number of classrooms that are already using Quest headsets as examples of their use in education. These include a biology class at <a href="https://www.gla.ac.uk/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Glasgow University</a> that puts students inside the human body, a criminology class at New Mexico State that puts them at a virtual crime scene, and an MBA class at Stanford University that helps students prepare for job interviews.</p>
  625. <p><strong>Highlighted Crypto News Today:</strong></p>
  626. <p><a href="https://thenewscrypto.com/norway-passes-data-center-laws-bitcoin-miners-to-face-increased-scrutiny/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Norway Passes Data Center Laws, Bitcoin Miners to Face Increased Scrutiny</a></p>
  627. </div>
  628. ]]></content:encoded>
  632. </item>
  633. <item>
  634. <title>Donald Trump’s First Edition NFT Collection Sees 99% Trading Volume Drop</title>
  635. <link>https://thenewsmansion.com/donald-trumps-first-edition-nft-collection-sees-99-trading-volume-drop-16793.html</link>
  637. <dc:creator><![CDATA[Jennifer Iyer]]></dc:creator>
  638. <pubDate>Sat, 13 Apr 2024 06:30:44 +0000</pubDate>
  639. <category><![CDATA[Technology]]></category>
  640. <guid isPermaLink="false">https://thenewsmansion.com/donald-trumps-first-edition-nft-collection-sees-99-trading-volume-drop-16793.html</guid>
  641.  
  642. <description><![CDATA[According to statistics from OpenSea, there have been zero transactions in the last seven days. The second edition of Trump’s digital trading has done better than the first. Even though Donald Trump seems to have warmed up to cryptocurrencies and bitcoin after releasing his initial set of digital trading card NFTs in late 2022, demand [&#8230;]]]></description>
  643. <content:encoded><![CDATA[<div>
  644. <ul>
  645. <li><strong>According to statistics from OpenSea, there have been zero transactions in the last seven days.</strong></li>
  646. <li><strong>The second edition of Trump’s digital trading has done better than the first.</strong></li>
  647. </ul>
  648. <p>Even though <a href="https://thenewscrypto.com/donald-trumps-wallet-value-rockets-to-2-5-m-with-trump-token-surge/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Donald Trump</a> seems to have warmed up to cryptocurrencies and bitcoin after releasing his initial set of digital trading card NFTs in late 2022, demand for the NFTs has undoubtedly waned.</p>
  649. <p>Trading volumes for NFTs have been rather steady in recent months, according to The Block Data Dashboard, while they are still low compared to the 2021 bull run.</p>
  650. <h3 class="wp-block-heading" id="h-disastrous-performance">Disastrous Performance</h3>
  651. <p>According to statistics from <a href="http://opensea.io/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">OpenSea</a>, there has been zero transactions in the last seven days, and the trading volume for the first batch of 45,000 <a href="https://thenewscrypto.com/nine-chronicles-ms-dcc-nfts-to-prelude-on-animoca-brands-japans-initiative/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">NFTs</a> depicting the 45th president in an elevated, cartoonish light has dropped by 99% over the previous 30 days.</p>
  652. <p>According to statistics from CryptoSlam, sales volumes for NFTs on <a href="http://ethereum.org/" target="_blank" rel="noreferrer noopener nofollow external" data-wpel-link="external">Ethereum</a> reached $489 million in March. Ethereum has traditionally been the most popular network for non-fungible tokens in terms of trading activity in US dollars.</p>
  653. <p>As the real estate magnate, who is re-running for president this year, prepares to start his criminal trial for allegedly manipulating company records to hide hush money payments, demand in Trump NFTs is waning.</p>
  654. <p>Despite a 57% drop in trade volumes over the last 30 days, the second edition of Trump’s digital trading has done better than the first, according to statistics from OpenSea. An opportunity to dine with Trump at Mar-a-Lago was up for grabs in a new collection that dropped not long ago and is scheduled for May 8 this year.</p>
  655. <p><strong>Highlighted Crypto News Today:</strong></p>
  656. <p><a href="https://thenewscrypto.com/hong-kong-nearing-approval-for-spot-ethereum-etfs-ahead-of-u-s/" target="_blank" rel="noreferrer noopener external" data-wpel-link="external">Hong Kong Nearing Approval for Spot Ethereum ETFs Ahead of U.S</a></p>
  657. </div>
  658. ]]></content:encoded>
  662. </item>
  663. </channel>
  664. </rss>
  665.  

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