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Parallel, a sci-fi trading card game based on the Ethereum blockchain network, has announced plans to launch a new non-fungible token collection. The sci-fi NFT card game caught fire in August 2021 after its first pack drop, which gained massive adoption among the crypto and non-fungible token gaming enthusiasts. Fast forward to 2025, the Parallel gaming company is back with another NFT collection, but with a lower supply this time around. Parallel Launches A New NFT Collection In a September 23 blog post, the Parallel gaming company confirmed plans to launch a new non-fungible token collection before the end of this month. The highly anticipated NFT series called Parallel Deception will be launched on Tuesday, September 30. The upcoming Deception NFT collection will be launched on OpenSea, the largest non-fungible token market platform by sales volume. For Deception, we wanted to create our strongest Collector Pack ever. In previous drops, we only had two tiers of possible pulls. ...

POL (POL) bulls continue to drive the token’s short-term rally that began on April 18, pushing the price higher and achieving double-digit percentage growth on the weekly timeframe. At the time of writing, POL (formerly MATIC) was valued at $0.214, up over 16% in the last seven days.  In the last 24 hours, the digital currency has increased by almost 9%. These returns have elevated POL into the top ten gainers of the week. The asset has also seen an influx of buying pressure, pushing the market cap to $2.22 billion. POL one-week price and market cap chart. Source: CoinMarketCap POL’s technical outlook However, the bulls’ strength is needed to offset POL’s current dominant bearish sentiment, which could undermine the sustainability of this run.  To this end, the token is trading slightly above its 50-day simple moving average (SMA) of $0.212, showing modest short-term strength. However, it remains significantly below the 200-day SM...

Coral, the blockchain company behind the Backpack crypto exchange and the Mad Lads non-fungible token collection, has introduced luxury Bomber jackets. The Backpack CEX creator will leverage the Mad Lads brand to print their luxury jackets. Coral joins leading NFT firms, such as the Bored Ape Yacht and Pudgy Penguins creators, which have also launched branded products. Mad Lads Launches Luxury Bomber Jackets In an April 21 blog post, Coral, through its Backpack x account, confirmed the launch of the Mad Lads Bomber Jackets. These Mad Lads-branded jackets appear in different sizes: small, medium, large, and extra-large. The Mad Lads bomber pre-sale is currently live until May 05, 2025. The Mad Lads NFT holders can pre-order bomber jackets on the Shopify marketplace. Two years in, and we’re just getting started. Bomber drop is live. Pre-order by May 5.https://t.co/jqPMLRgwCW pic.twitter.com/OMfuqWWcec — Mad Lads (@MadLads) April 21, 2025 Launched sometime in 2022, Cora...

E͏the͏re͏um-based ͏t͏okens͏ ͏do͏mi͏na͏te the spac͏e, l͏e͏veraging th͏e network’s security͏ a͏nd ͏widespread͏ adoption͏. Some projects focus͏ o͏n ͏stability and r͏elia͏b͏ility, aimin͏g͏ to addr͏ess volatili͏ty co͏ncerns͏. C͏ommunity-driven ͏initiatives and c͏harita͏ble ͏ef͏forts ar͏e͏ b͏ecom͏ing c͏ommon among cryptoc͏urrency͏ projects. Cryptoc͏u͏r͏r͏ency projects͏ are increa͏singly focusing on͏ real-world uti͏lity and͏ problem-solvi͏n͏g app͏lica͏t͏ion͏s. Many͏ t͏okens explor͏e integr͏ating ͏dec͏entral͏ized finance (DeFi) and non-fungible token (NFT͏)͏ ecosyste͏ms. Env͏ir͏o͏nment͏al͏ con͏cerns ͏ar͏e ...

NFPrompt users have been alerted to a security breach that warns ‘a group of hackers’ gained control of wallets including the project’s treasury, ecosystem fund, and NFP token contracts. In response, the team states that it has “transferred all NFP’s smart contract ownerships to new addresses” as well as alerting the FBI and major exchanges. It also warns users against interacting with NFP from unknown sources, as funds “affiliated with the Hack ers will be marked and forfeited.” The team hasn’t yet given details on the amount of funds stolen. The project’s docs don’t list contract addresses and indicate that audits are yet to be completed . ATTENTION $NFP Holders: We are writing to inform you of a critical security incident involving NFPrompt . It was discovered that a group of Hack ers compromised some wallets , including those of NFP’s contract administrators. They illegally gained control of victims' funds,… pic.twitter.com/ZeQXLruvTW — NFP (@...

The non-fungible token (NFT) marketplace from cryptocurrency exchange Coinbase has launched a new AI- generate d NFT feature. According to an X post on Jan. 18, Coinbase is introducing a new “Instamint” feature on the marketplace that allows users to create NFTs using artificial intelligence (AI). You can now create AI- generate d NFTs with Coinbase NFT Instamint. Try it here: https://t.co/lmHeWvwLtg pic.twitter.com/wWRcgID4Mj — Coinbase NFT ️ (@Coinbase_NFT) January 18, 2024 For a limited period, Coinbase offers a free NFT transaction experience, although users will still incur Ethereum gas fees that cover the cost of recording transactions on the blockchain. The new tool is currently available in beta version. To generate their own NFT, users must upload an image from which the token will be created. It is also necessary to indicate the name and description of the NFT, as well as its price (at the user’s discretion) starting from $0.01. Source: Coinbase ...

Cointelegraph Accelerator, Animoca Brands, BGA, Metaera, Cipholio and Sandbox the second Gaming Demo Day to showcase seven new projects from the Web3 gaming space. Web3 gaming has become one of the hottest trends in the tech world, and not without a good reason. Using blockchain technology to give more control to gamers turned out to be a fascinating idea and catapulted Web3 gaming to the main stage of Web3 space. Web3 gaming applies key principles of blockchain technology - including decentralization, true ownership and community - to video games. Blockchain has enabled the creation of concepts such as play-to-earn (P2E), nonfungible tokens (NFTs) and more to cater to the needs of true players who don’t want to escape exploitation by the Web2 monopoly. The fast growth of Web3 gaming, however, makes it hard to track the most promising projects and chart the map of the blockchain-based gaming ecosystem. To provide a reliable perspective on Web3 gaming, Cointelegraph Accelerator has ...

Bubblemaps, CoinScan, Hinkal Protocol, and Mythic Protocol are among the latest crypto and blockchain funding deals. Crypto startups keep raising capital despite tight liquidity and adverse macroeconomic conditions. September saw major developments in the space, such as Farmville co-creator Amitt Mahajan raising $33 million to create Web3 games, and Animoca Brands disclosing $20 million capital gathered to push forward the development of its Mocaverse platform. In another related development, Block chain Capital closed two new funds in September, with $580 million to be deployed in crypto gaming and decentralized finance projects in the coming months. Cointelegraph’s VC roundup showcases the latest projects raising capital despite the market’s long downward trend. Bubblemaps secures $3.2M for data visualization Data visualization startup Bubblemaps secured 3 million euros ($3.2 million) in a seed funding round spearheaded by INCE Capital. According to the startup, the funding will...

The attorneys representing Nathaniel Chastain informed the court that Chastain will self-surrender on Nov. 2 to begin serving his sentence. A former manager at nonfungible token (NFT) marketplace OpenSea sentenced to three months in prison for insider trading has opted to serve the sentence while his appeal is pending . On Sept. 6, Nathaniel Chastain’s lawyers filed a letter with a New York District Court informing the judge that Chastain decided to withdraw his application for bail pending appeal. As a result, per the court's previous order and judgment, Chastain will self-surrender by Nov. 2 to begin serving his sentence while his appeal is pending . Screenshot of the letter from Chastain’s lawyers. Source: CourtListener Chastain, a former OpenSea product manager, was convicted on May 3 on counts of wire fraud and money laundering and on Aug. 22 was sentenced to three months in prison for offenses relating to insider trading on the NFT platform. He was also ordered to pay a $...

Ethscriptions and Ordinals may change how we interact with blockchain technology. Discover how they work and their impacts on the world of crypto. In January 2023, the introduction of Bitcoin Ordinal Inscriptions (Ordinals) significantly impacted the web3 space. These inscriptions have already left their mark by inspiring projects to expand from Ethereum (ETH) and Solana (SOL) to Bitcoin (BTC).  Yet, hot on the heels of Ordinals’ success, a new contender has emerged: Ethscriptions. Launched by Tom Lehman, co-founder of Genius.com, Ethscriptions are rapidly gaining momentum, with over several thousand Ethscriptions generated since their June 17 debut. Important Ethscriptions Update We broke records this weekend, hitting volume beyond anything I expected! At this pace, Ethscriptions may be the fastest growing protocol of all time… To help scale to this unprecedented volume we are making some significant changes to our… — Middlemarch (@dumbnamenumbers) June 26, 2023 ...

Inspired by Bitcoin Ordinals inscriptions, Ethscriptions offer a new way to mint NFTs on Ethereum. Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with the launch of a new protocol. Launched on June 17 the protocol, dubbed “Ethscriptions,” is a nod to the Bitcoin (BTC) Ordinals protocol — where assets are known as “inscriptions.” Ethscriptions was developed by music website Genius.com co-founder Tom Lehman, who uses the pseudonym Middlemarch on Twitter. Lehman declared the project a “huge success” in a series of tweets on June 17 and noted nearly 30,000 Ethscriptions had been created within the first 18 hours of the protocol going live. With almost 30k Ethscriptions in <18 hours, the launch was a huge success! Thank you for seeing the massive potential here! I am on Ethscriptions 24/7, but I need your help! DM @proroketh to join our protocol Twitter chat. Ideas, bug reports, NO alpha, NO trading, NERDS ONLY! ...

Puma launches Black Station, a 3D metaverse experience allowing Puma Pass NFT holders access to exclusive products. In this week’s newsletter, read about footwear giant Puma’s new metaverse experience for Puma Pass nonfungible token (NFT) holders. Check out Meta CEO Mark Zuckerberg’s comments on the new Apple Vision Pro headset, and how NFT platform Enjin has launched a new blockchain. In other news, GameStop terminated the executive responsible for its NFT push, and don’t forget this week’s Nifty News, featuring Kraken’s NFT marketplace and Coinbase’s Stand With Crypto NFTs. Footwear conglomerate Puma launches 3D Web3 experience Footwear company Puma has launch ed a 3D metaverse experience called Black Station. According to its creators, it’s an experiment to provide Puma Pass NFT holders access to various product drops. Despite this, the company highlighted that the experience is open to everybody, but those with special tokens airdropped to Puma Pass holders will have perks like...

Author Neal Stephenson said that many Web3 problems come from projects wanting to financialize everything very quickly. Bestselling author Neal Stephenson spoke with Cointelegraph at the Paris Blockchain Week 2023, discussing various topics, including problems within the current Web3 ecosystem and the metaverse — a term Stephenson coined in his 1992 book titled Snow Crash.  According to Stephenson, many of the current problems within the space come from people wanting to "financialize everything too fast." Stephenson pointed out that many see the goal of getting lots of money and are eager to get to it. This leads to skipping over important steps that are necessary. The writer explained that:  “You know, financial institutions emerged slowly over time out of existing markets, and businesses that were functional, and they were making money for people. And then, over time, people constructed banks and stock markets and so on.” According to the author, this approach skips a ve...

Loved the Cointelegraph 2023 Top 100? Readers can grab the profiles as NFTs. Beginning March 20, folks across the crypto industry will be able to mint nonfungible tokens (NFTs) out of Cointelegraph’s 2023 Top 100. Cointelegraph unveiled its 2023 Top 100 list of the most impactful heroes and villains in the crypto and blockchain space in February. It was published in batches throughout the month, counting down to the top-ranked profile, with each entry including a bio and an animated picture. Check out Cointelegraph's 2023 Top 100 and collect the profiles Over a seven-day period starting March 20, the profiles of everyone on Cointelegraph’s 2023 Top 100 will be mintable as limited-edition NFTs. Only 100 NFTs can be minted from each profile, and minting is only available during the seven-day window. After that, interested buyers will have to look to secondary marketplaces if they want to pick one up. Purchasable via bank cards or Polygon’s MATIC (MATIC), each unique profile’s NFT s...

Luxury brand Hermès filed a suit against digital artist Mason Rothschild after the artist released his Metabirkins NFT collection depicting the company's Birkin bag product without permission. The trademark infringement trial between French luxury brand Hermès and digital artist Mason Rothschild is set to go ahead on Jan. 30 in a Manhattan federal court. The luxury brand accused the nonfungible token (NFT) artist of trademark infringement for promoting and selling MetaBirkins, an NFT collection said to be inspired by the group's Birkin bags. The trial and its related lawsuit in the United States District Court for the Southern District of New York can be first traced back to Jan. 14, 2022, when Hermès first filed a complaint against Mason Rothschild after the artist allegedly refused to stop selling his NFT collection. MetaBirkins depict Birkin handbags covered in colorful fur instead of leather. Source: MetaBirkins Twitter According to court documents filed on Jan. 23, Her...