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European Union Presents Project to Fight Counterfeiting by Using NFTs for 2023
9.9.2022
The European Union (EU) is working on a project that involves blockchain architecture and the use of non-fungible tokens (NFTs) to fight counterfeiting and forgery. The project is the product of several meetings and blockchain hackathons organized by the European Union Intellectual Property Office...
Ford prepares to enter the Metaverse with virtual automobiles and NFTs
9.9.2022
A trademark application covering its future efforts in the Metaverse and NFT space comes only a month after the company announced huge staff cuts
David Bowie Estate to Drop ‘Bowie on the Blockchain’ NFTs, Sale Receives Backlash From Fans
8.9.2022
The David Bowie estate recently announced it is launching a series of non-fungible token (NFT) collectibles called “Bowie on the Blockchain.” Following the official announcement, however, a number of Bowie’s fans chastised the project and called it a pyramid scheme....
GameStop NFTs Not So Good But Announces Partnership With FTX as Crypto Push Continues
8.9.2022
GameStop is not easing its push into the Web 3.0 space even after underwhelming non-fungible token (NFT) adoption figures. The video game and consumer electronics retailer has announced a partnership with cryptocurrency exchange FTX.US, the U.S. subsidiary of FTX. ...
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Sorare Partners With NBA to Build a Licensed NFT Game
8.9.2022
Sorare, a French fantasy game startup, reached an agreement with the National Basketball Association (NBA) to build a non-fungible token (NFT) game under its license, allowing the company to use team names and player likenesses from the league. The company, which had already signed similar...
LG Taps Hedera Hashgraph for NFT Platform, Tests Crypto Wallet
5.9.2022
South Korean tech giant LG Electronics has tapped into the Hedera Hashgraph (HBAR) network to bring NFTs to television screens and is also testing a crypto wallet.
LG has released its NFT marketplace called LG Art Lab, available in the US on the company’s TVs running the webOS 5.0 operating system...
This Week’s NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M
4.9.2022
Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million...
Comedian Bill Murray’s Wallet Hacked for $186K Worth of Ethereum After NFT Charity Auction
3.9.2022
American actor and comedian Bill Murray saw 119.2 ethereum drained from his wallet on September 1, 2022, after Murray held a non-fungible token (NFT) charity auction. Statistics show that most of the tokens and NFTs in Murray’s wallet have been moved, and roughly $556 in token value remains....
Creators of the Otherside Metaverse Drop New Teaser Video Featuring Creatures Called Kodas
3.9.2022
Yuga Labs, the creators of the popular Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Bored Ape Kennel Club (BAKC) non-fungible token (NFT) collections, has released another video clip showcasing the Otherside metaverse. The second Otherside trailer features characters called...
US Inches Towards Bitcoin & Ethereum Accounting Clarity, Leaving NFTs and Stablecoins for Later
1.9.2022
In a bid to develop transparent accounting rules for digital assets, the US Financial Accounting Standards Board (FASB) has revealed what assets the industry body will include in its crypto rule-making project, leaving NFTs and certain stablecoins outside its scope....
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Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push
31.8.2022
This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth...
Get ready for the feds to start indicting NFT wash traders
31.8.2022
Securities and Exchange Commission regulators should move to protect investors from traders who distort the NFT market with manipulative trades — and they probably will soon
Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram
30.8.2022
Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3...
Veve Partners With Marvel to Drop Limited Edition NFT Covers Featuring Spider-Man, Black Panther
29.8.2022
On August 29, the digital collectibles company Veve announced that the platform has launched digital variant non-fungible token (NFT) covers from three Marvel comic book artists. Veve and Marvel detailed that the NFT drops called the Marvel Artworks collection will be limited edition, 1-of-1...
South Korean Telecoms Giant LGU+ Moves Deeper into NFT Space
29.8.2022
LGU+, one of South Korea’s biggest telecoms firms, will issue a new batch of non-fungible tokens (NFTs) next month – as it looks to move further into the crypto and blockchain sectors....
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Soulbound Tokens vs Self-Sovereign Identity: Web3’s Search for a Digital ID Solution
28.8.2022
Fraser Edwards is the Co-Founder and CEO of cheqd, a network for creating digital credential businesses.__________...
Read More: Soulbound Tokens vs Self-Sovereign Identity: Web3’s Search for a Digital ID Solution
Gaming to Keep Crypto Users Warm During Winter: How Blockchain Technology Begins to Transforms Industries Outside of Finance
26.8.2022
Aron Beierschmitt is the CEO and Co-Founder of game development and R&D studio Laguna Games.__________
The first quarter of 2022 was profitable and encouraging for the crypto industry. The value of the global cryptocurrency market reached USD 1.7 trillion and was projected to double its size from...
MTV to Broadcast Metaverse-Inspired Award Show Performance Featuring Eminem, Snoop, Bored Apes
25.8.2022
On Thursday, the popular cable channel MTV revealed that the legendary rappers Eminem and Snoop Dogg plan to perform the duo’s hit single “From the D 2 The LBC” this Sunday. The music video features the non-fungible tokens (NFTs) stemming from the Bored Ape Yacht Club (BAYC)...
Plant a Tree In-Game, You Plant It IRL: New Metaverse, NFT Game Where Real-World Actions Mirror Digital Ones Launches in 2023
25.8.2022
Blockchain company Alóki has bought 750 acres of land in Costa Rica and is building a new play-to-own metaverse which is nearing its launch.
As awareness of the need to cut greenhouse gas emissions is rising across the world, Alóki is developing a project to allow users to contribute...
NFT Market Rises in a Day; Over USD 100M in NFTs Got Stolen in a Year, Says Elliptic
25.8.2022
The market for non-fungible tokens (NFTs) has seen a relief rally in the sales volume over the past 24 hours, while blockchain analysis firm Elliptic found that over USD 100m in NFTs have been stolen over the past year.
The overall trading volume of blue-chip NFTs has seen an uptick over the past...