$93,356.00
6.81%$1,753.62
11.36%$4.03
7.57%$2.22
6.88%$618.20
3.52%$148.79
9.11%$1.00
0.01%$0.181959
14.56%$0.683558
9.97%$0.247544
0.20%$1,750.29
11.44%$93,400.00
6.72%$22.05
12.09%$14.12
8.12%$2.71
23.76%$9.03
-0.41%$0.265971
6.97%$0.00001372
11.25%$3.10
7.65%$0.181455
7.38%$2,112.46
11.86%$0.999954
0.02%$360.31
5.44%$18.93
4.99%$83.56
7.02%$4.60
3.74%$0.99984
-0.02%$1,754.57
11.47%$1.00
0.09%$0.644694
2.25%$226.22
5.06%$28.46
0.62%$1,868.98
11.44%$0.00000903
17.28%$93,369.00
6.80%$5.83
11.11%$5.31
8.50%$52.33
3.11%$0.924346
9.14%$338.19
8.47%$2.41
9.72%$23.46
2.38%$5.10
7.55%$32.69
-0.04%$0.099329
17.57%$0.093963
14.90%$16.73
7.65%$1.049
-0.06%$1.00
0.00%$159.38
12.66%$0.699132
5.06%$4.51
2.76%$0.025463
9.02%$1.17
0.08%$4.32
6.94%$0.221446
11.74%$92,991.00
6.47%$9.26
11.91%$4.23
-0.05%$0.325745
14.77%$0.209752
9.30%$2.72
5.30%$2.79
9.16%$0.640479
5.99%$0.510955
12.87%$0.999361
0.21%$0.32363
9.03%$4.09
5.46%$93,270.00
6.70%$10.22
4.62%$0.443162
9.90%$156.00
9.26%$0.747786
7.90%$0.802536
12.07%$1,455.10
8.63%$0.075761
5.83%$0.00001526
24.21%$0.662332
43.86%$1.13
22.13%$0.851593
12.15%$1.094
5.56%$1,750.97
11.54%$0.01652467
1.63%$1,827.01
11.43%$0.666778
6.39%$69.50
5.29%$0.189951
8.50%$3.60
-0.31%$9.39
9.85%$0.69195
17.16%$0.99999
0.08%$15.40
6.73%$0.999439
-0.03%$0.089537
8.41%$0.999418
-0.10%$1,974.67
11.35%$3,369.34
-2.58%$1.00
0.06%$618.37
3.46%$92,322.00
7.04%$3,368.32
-2.56%$2.65
19.45%$191.61
8.96%$0.01689168
8.92%$93,283.00
6.70%$0.01533159
10.63%$164.03
8.86%$0.295205
9.63%$0.787485
11.20%$0.188056
11.93%$0.118404
10.74%$3.77
10.42%$1,862.04
11.57%$0.683345
9.95%$0.679643
5.16%$0.998
0.03%$0.00006585
14.87%$0.00000064
5.30%$93,748.00
8.46%$0.999707
0.05%$0.01868062
12.24%$0.392002
6.92%$30.76
7.43%$1.89
13.63%$0.483291
18.06%$2.02
6.06%$1.097
-0.21%$0.308608
2.79%$0.00628584
15.48%$0.235712
5.66%$3.46
7.79%$0.535706
7.47%$1,835.01
11.24%$0.149467
7.36%$16.25
10.93%$33.08
6.11%$0.548516
6.25%$0.0091058
10.03%$0.512505
22.49%$0.998084
-0.00%$0.526697
22.18%$0.634924
8.50%$89,952.00
13.03%$0.066929
-3.55%$0.441093
7.28%$93,334.00
6.83%$0.183663
104.55%$1.70
6.79%$0.182947
15.16%$1.00
0.01%$0.711857
27.49%$1.31
7.56%$1.00
0.02%$0.00718722
44.56%$88,321.00
0.00%$0.04492287
27.89%$0.00002197
7.65%$1,779.18
8.08%$15.35
10.30%$1,752.73
11.39%$110.78
0.01%$0.00000043
1.25%$93,199.00
6.76%$0.143995
6.84%$1.99
-1.79%$5.85
6.97%$1.001
0.51%$1.084
-0.00%$3.69
7.91%$6.12
9.66%$2.47
9.57%$0.496434
7.55%$0.076854
6.60%$0.222089
11.83%$0.04014144
8.78%$42.85
8.21%$1,752.72
11.38%$1,753.11
11.19%$0.081099
5.60%$1,862.83
11.20%$0.45529
16.01%$0.999819
-0.02%$1.00
0.01%$1,752.74
11.58%$0.308886
12.52%$0.00688373
9.42%$21.84
-0.03%$0.177546
4.37%$0.568701
11.40%$1.001
0.29%$0.00414318
7.30%$0.824615
7.31%$0.00006304
4.14%$0.344984
34.52%$0.01733185
0.79%$0.999188
-0.02%$1.00
0.04%$1,787.19
12.25%$0.03176566
1.51%$0.117072
-1.50%$0.321284
5.92%$2.71
10.34%$0.00000149
16.99%$93,322.00
6.74%$0.999364
-0.05%$112.93
7.72%$0.140278
0.17%$3.62
6.87%$0.236191
9.59%$1.16
6.58%$26.06
6.82%$92,688.00
6.18%$0.626039
15.31%$0.279624
19.19%$0.670706
-7.05%$1,734.72
11.35%$1.00
0.07%$0.617777
9.15%$0.273565
5.34%$22.18
5.91%$3,187.04
0.01%$0.00044037
1.94%$2.80
2.12%$0.112138
8.42%$1,856.47
11.13%$0.03728259
4.14%$1,754.20
11.39%$0.184943
6.65%$22.08
12.25%$1,874.23
6.77%$0.505644
6.26%$0.01272551
8.76%$0.0028089
15.97%$0.02914424
5.12%$0.433772
5.23%$0.718845
9.10%$1.018
11.33%$14.71
6.22%$0.922065
11.86%$0.999977
0.06%$1.00
0.01%$2.88
13.96%$2.22
5.63%$93,292.00
7.11%$1,920.85
11.38%$1,907.23
11.42%$0.00
10.38%$1.14
-1.15%Reading
Apple’s decision to let NFTs be bought and sold on App Store apps hasn’t received the kind of reception one might expect from Web3 proponents.
That’s because the iPhone maker has decided to charge its standard 30% commission on in-app NFT sales, which industry leaders say is “grotesquely overpriced.”
For context, the leading NFT marketplace OpenSea charges a 2.5% commission on NFT sales.
Epic Games CEO Tim Sweeney blasted the tech giant, tweeting that the company is “killing all NFT app businesses it can’t tax” by “crushing another nascent technology that could rival its grotesquely overpriced in-app payment service.”
He then added, “Apple must be stopped.”
Now Apple is killing all NFT app businesses it can’t tax, crushing another nascent technology that could rival its grotesquely overpriced in-app payment service. Apple must be stopped. https://t.co/4KChp6jtFZ
— Tim Sweeney (@TimSweeneyEpic) September 23, 2022
However, it is worth noting that the App Store can count on more than one billion iPhone users for reach. Even during the peak of the NFT hype at the start of the year, OpenSea saw just a little over a million monthly users.
A report in The Information, which first wrote of Apple’s NFT move, noted that Solana-based NFT marketplace Magic Eden opted to withdraw from the App Store after learning of the commission.
Not all industry insiders have called for Apple’s head, however. Some have pointed out on Twitter that mobile games especially will benefit from selling NFTs, while others said the move will significantly increase Web3 adoption worldwide.
Sweeney and Epic Games are no strangers to calling Apple out on what they see as unfair market practices. The Fortnite-maker lost the lawsuit it launched in 2020 when it claimed that Apple violated antitrust laws with its 30% commission from App Store purchases.
However, Epic appealed, and last week U.S. antitrust officials asked to join in on the appeal arguments set for next month, saying that they were concerned the previous ruling had not interpreted antitrust law correctly.
Magic Eden, the leading Solana NFT marketplace, continued its expansion to Ethereum today by rolling out support for a handful of major collections, including the Bored Ape Yacht Club, Pudgy Penguins, and Otherside. Additional projects will be added in the days ahead. The “Magic Ethen” push was announced in August as the first step in Magic Eden’s evolution, first revealed back in June when the firm announced a $130 million raise at a $1.6 billion valuation. Rather than launch its own native Et...
Sweeney has also taken a tempered stance when it comes to merging traditional gaming and NFTs.
Back in July, amid NFT bans from Microsoft’s Mojang Studios and Steam, the Epic Games’ CEO said that he believes “stores and operating system makers shouldn’t interfere by forcing their views onto others. We [Epic Games] definitely won’t.
Formula 1 has renewed its partnership with exchange platform Crypto.com, extending the agreement through 2030 as both entities seek to capitalize on their shared momentum. The renewed partnership will see Crypto.com continue to feature prominently at key Formula 1 events, including the Miami Grand Prix, where it has been the title sponsor since the race’s inception in 2022. The deal, first inked in 2021, marked Formula 1’s foray into the crypto world at a time when digital assets were experienc...
Mo Shaikh, a co-creator of the Aptos blockchain and co-founder and CEO of the Aptos Labs firm that helps support it, announced Thursday that he's leaving the company to focus on a "new chapter." "Today, I am stepping away from Aptos Labs to start a new chapter," Shaikh wrote on X. "One of my true passions lies in building companies from the ground up, and we have done that at Aptos Labs by building a world-class team." "I leave Aptos Labs with the utmost confidence in the team," he continued, "a...
Building on the momentum of anticipated changes to U.S. crypto policy, Binance.US said it aims to restore its USD services in early 2025, according to a statement shared with Decrypt. It marks the exchange's first major operational shift as regulatory pressure forced the exchange to suspend fiat trading last year. The platform has operated under restricted banking access since June 2023, when SEC civil claims triggered a suspension of dollar deposits and withdrawals. "While I can't provide a de...
