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What sets cryptocurrencies apart from NFTs?


The rapid adoption of digital assets resonates with every industry with each passing day, and the trend will continue to go up incessantly. Today’s two most popular forms of digital assets include cryptocurrencies and NFTs (Non-Fungible Tokens), which are increasingly used by a maximum number...

UK Parliament Committee Urges Government to Address NFT Copyright Infringement


The UK’s Culture, Media and Sport Committee, a cross-party parliament group, is recommending the Government take action on the “widespread copyright infringement” in non-fungible tokens (NFTs). The committee MPs have warned that the promotion of cryptocurrencies in professional sports is putting...

NFTs Can’t Catch a Break as Protracted Drop in Sales Continues


For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...

South Korean Entertainment Giant Dreamus Embraces NFTs for K-Pop Tickets


South Korean entertainment and events company Dreamus, a subsidiary of SK Planet, is breaking into blockchain by offering NFT ticketing services through its parent company’s rewards app. The app lets fans purchase tickets for various events, including K-pop concerts and other shows, in the form...

All Those NFTs Are Officially Worthless


Most Non-Fungible Tokens (NFTs), a unique asset stored on the blockchain that cannot be replicated (unless you can right-click), have no value. While I’m no fan of lifeless Bored Apes, I’m not saying that just to be mean—cryptocurrency analysts dappGambl determined that out of the 73,257 total...

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