Lyla Velez is an NFT-focused writer and culture analyst at NFTenex, covering NFT trends, creator ecosystems, Web3 communities, and digital identity.
X, the social platform owned by Elon Musk, is exploring stablecoin payments in USDC to compensate influencers and content providers as its current revenue-sharing model winds down, a shift that would reframe how digital creators receive their earnings.
Recur, an NFT platform that raised $50 million from prominent backers, is shutting down, marking one of the more notable closures of a well-funded company in the NFT sector.
X is reportedly exploring stablecoin payments for creator royalties, according to a report describing the social platform as one of several major companies evaluating stablecoin-based payment options. The information is presented as an early-stage exploration rather than a confirmed product launch.
DAISE said it is taking the gamification of beauty "to the next level" with Dollface blind boxes coming to Roblox, according to the company's announcement . The launch places the brand's Dollface characters inside the platform as collectible digital items.
The collection, minted under the Spritehood name, sold out its full 44,444-piece supply on Robinhood Chain , according to reporting on the launch. The mint is tied to a co-founder previously associated with the Pudgy Penguins project, whose retail toy expansion with Walmart has kept the brand in the spotlight.
Spritehood, an NFT collection tied to an ousted Pudgy Penguins co-founder, sold out for a reported $1. 28 million on Robinhood Chain, putting the venue in the spotlight for creator-led digital ownership drops.
McLaren Racing has selected Hedera as the blockchain infrastructure behind a new push into fan collectibles, extending the team's digital engagement efforts to supporters through distributed-ledger technology.
Sixty-seven investors committed a combined $10 million to NFT tokens that launched worthless, a collapse now tied to fraud charges brought against the startup's founder in the Southern District of New York.
Pudgy Penguins is expanding its Walmart partnership after reaching $10 million in toy sales, a milestone that pushes the NFT-native brand deeper into mainstream physical retail.
The XRP Ledger has restored functionality through its latest rippled software update, bringing back features that had previously been pulled after critical bugs were identified.
Sending USDT may seem straightforward, but choosing the network is not just a question of fees.
Michael Saylor responded on X after Strategy sold 1,638 BTC, telling followers that "Strategy is a public company, not my wallet" and stressing that the disposal was a corporate action rather than a sale from his personal holdings.