NFTgators

NFTgators is committed to delivering precise, reliable, and impartial information about the fascinating realm of NFTs (non-fungible tokens) every day. On our platform, you'll discover original news articles covering major happenings in the NFT industry, profiles of key figures shaping the space, and insights into how NFTs are transforming various aspects of life through proof-of-existence, proof-of-ownership, and proof-of-copyright. We are passionate advocates for blockchain technology and the virtual environments being created around it, along with the remarkable applications that have emerged from the dedicated work of countless talented developers worldwide. However, we recognize that this innovative field can often be filled with complex terms and technical jargon, which can be overwhelming for newcomers. We see this as a challenge. Therefore, we aim to simplify the NFT landscape and the technology behind it. Our goal is to offer high-quality educational resources and comprehensive guides that break down tough concepts, making them easier to grasp and more accessible to everyone.

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DeFi Startup Glider Raises $4M to Automate Crypto Trading and Swaps

1 week ago | nftgators.com | Nicholas Kitonyi

Quick take:Glider said it is also participating in A16z’s Crypto Startup Accelerator in San Francisco this Spring. The company is building a platform that helps users invest in crypto without having to deal with brokers or centralised exchanges. The New York-based Web3 startup plans to leverage AI to help users tweak their crypto investments to their desired specifications.
Trump Organisation Looking to Add a Blockchain Game to List of Crypto Ventures

1 week ago | nftgators.com | Nicholas Kitonyi

Quick take:The Trump organisation’s portfolio of crypto projects already includes NFT collections, a memecoin, a stablecoin, a mining firm and the DeFi venture World Liberty Financial. Bill Zanker, a longtime pal of Trump who helped the President launch his memecoin and NFTs, is reportedly behind the crypto game.
1kx Leads $11M Seed Round for Blockchain Memory Layer Optimum

1 week ago | nftgators.com | Nicholas Kitonyi

Quick take:Optimum offers a chain-agnostic a decentralised, performance-enhancing memory layer. The platform ensures that the way blockchain data is stored, accessed and propagated is faster, cheaper and truly decentralised. Optimum leverages an innovative method of decentralised coding dubbed Random Linear Network Coding (RLNC), developed by MIT professor Muriel Médard. Optimum, a chain-agnostic memory layer incubated by MIT, has raised $11 million in a seed round led by 1kx.
Tether Taps Self-Custody Crypto Wallet Solution Provider Fizen to Advance Global Stablecoin Adoption

1 week ago | nftgators.com | Nicholas Kitonyi

Quick take:The investment also allows Fizen to offer a more efficient and user-friendly solution for storing, transferring and transacting in stablecoins. It will allow users to pay seamlessly using stablecoins while merchants receive instant fiat settlements through popular payment methods like QR codes and card readers. Both companies are looking to bridge the gap between traditional finance and digital assets by offering a solution to the unbanked.
Kraken Taps Financial API Platform Alpaca to Expand to Stocks and ETFs Trading

1 week ago | nftgators.com | Nicholas Kitonyi

Quick take:The announcement follows Kraken’s recent acquisition of U.S. futured markets platform NinjaTrader for $1.5 billion. It comes amid increased optimism in the market, amid expectations that Trump will deliver on his promise of crypto-friendly regulations. Kraken trades will be able to trade U.S. stocks and ETFs in some U.S. states starting Monday.
JPMorgan’s Blockchain-Based Payments Network Adds Support for GBP

1 week ago | nftgators.com | Nicholas Kitonyi

Quick take:The company said the move will allow UK companies access to blockchain-based accounts 24/7. They will be able to use the accounts for real-time payments and cross-border transactions and allow users to conduct foreign exchange between GBP, EUR, and USD. Kinexys previously introduced EUR-denominated blockchain accounts in Frankfurt. JPMorgan’s blockchain platform Kinexys (formerly Onyx) has expanded support to include pound sterling dominated blockchain deposit accounts.
Crypto Lending Platform APX Secures $20M From Private Credit Firm Cypress Hills - NFTgators

1 week ago | nftgators.com | Nicholas Kitonyi

Quick take:The Toronto-based company allows borrowers to use digital assets as collateral. APX Lending plans to use the new capital to accelerate its expansion in Canada amid rising demand for crypto-backed lending. The company recently received an exemptive relief from the Canadian Securities Administration, exempting it from various registration and prospectus requirements. APX Lending has secured $20 million in funding from private credit investment firm Cypress Hills.
Block Agrees to $40M Settlement with NYDFS for Inadequate Compliance with Bank Secrecy Act

2 weeks ago | nftgators.com | Nicholas Kitonyi

Quick take:Block has agreed to pay a penalty of $40 million for inadequate compliance. The company is also required to undergo a comprehensive performance evaluation of its compliance with the department’s regulations and remediation efforts conducted by an independent monitor. The department said its investigations reportedly revealed that Block failed to conduct adequate customer due diligence and implement sufficient risk-based controls against money laundering.
Magic Eden Eyes Crypto Trading in Slingshot Acquisition Amid Falling NFT Activity

2 weeks ago | nftgators.com | Nicholas Kitonyi

Quick take:The company will support trading across millions of tokens, putting it in a position to rival popular centralised exchanges. Despite the declining transaction volumes in the NFT sector, Magic Eden co-founder and CEO Jack Lu said his company remains “incredibly bullish” on NFTs.Lu said Magic Eden generated $75 million in revenue last year, adding that the next phase of the NFT industry will be driven by usefulness.
Goldfinch Taps Web3 Studio The Squad to Transform Film Finance

2 weeks ago | nftgators.com | Nicholas Kitonyi

Quick take:The Squad will continue to operate as an independent brand under the Goldfinch umbrella. The studio is renowned for introducing the “Film3” concept — an ownership, funding and distribution framework centered around artists rather than traditional studio structures. The framework leverages community-powered funding, AI-enhanced production workflows and direct-to-audience distribution channels.