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What’s Still Holding NFTs Back & How to Fix It
23.2.2022
Kiril Nikolov is Senior Sales Executive at major digital assets company Nexo.
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We all know of non-fungible tokens (NFTs) but don’t use them in our day-to-day lives. With exposure to NFTs increasing, what’s it going to take to bring these assets fully into everyday life?...
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Texas Man Sues OpenSea Over Stolen NFT, Asks for Over USD 1M in Damages
22.2.2022
Timothy McKimmy, the US man who says he had lost his non-fungible token (NFT) due to an issue related to OpenSea's user interface (UI) design, has filed a lawsuit against the NFT marketplace, alleging that the platform was aware of the issue but did not "timely put adequate safety measures...
ETHDenver Hackathon Finalists Aim at These Pain Points Across DeFi, NFTs, DAOs, and Metaverse
21.2.2022
30 ETHDenver hackathon finalists that pitched their ideas to a team of crypto veterans and were competing for up to USD 5,000 in prizes, largely focused on solving common pain points across various segments of the Ethereum (ETH) ecosystem.
Let’s take a closer look at some of the projects that...
Russian Social Media Network Vkontakte to Introduce NFT Support
21.2.2022
Russia’s largest social media network, Vkontakte, has announced it’s going to introduce support for blockchain and NFTs. The crypto technologies will be incorporated into the platform’s scheme for monetization of user content and copyright protection. Vkontakte to Facilitate...
OpenSea Narrows Down List of Impacted Users, Still Looking for the Cause
21.2.2022
Major NFT marketplace OpenSea, which said it fell victim to a phishing attack over the weekend, has narrowed down the list of impacted individuals from the initial assumption of 32 to 17. However, the platform said it still hasn’t determined the exact source of the issue....
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Saudi Arabia Princess on NFTs: ‘They Are the Next Medium of Artistic Expression’
21.2.2022
Non-fungible tokens (NFTs) are a new medium of artistic expression that gives artists the freedom and the ability to reach a diverse audience, Saudi Princess Reem Al Faisal has said. Decentralized Art According to the Saudi Arabian princess, Reem Al Faisal, NFTs are a natural evolution of art that...
French Presidential Candidate Pushes For Tax Reform On Crypto, NFTs
16.2.2022
Crypto and blockchain are becoming an important element of the French political narrative, as indicated by recent statements by political newcomer Éric Zemmour, a popular pundit who is running in this year’s presidential election.
The far-right candidate recently tweeted his proposals on crypto...
Gustav Klimt's 'The Kiss' Masterpiece is Selling as 10,000 NFTs
16.2.2022
The popular Belvedere Museum in Vienna, Austria, in collaboration with the artèQ auction house, has turned Austrian painter Gustav Klimt's famous masterpiece 'The Kiss' into 10,000 non-fungible tokens (NFTs).
The collection dropped on Valentine’s Day and "each one is a unique part of...
Bybit Enters USD 150M Deal with Red Bull F1 Team; Plans Fan Token, NFT Collaboration
16.2.2022
Bybit, one of the top 10 crypto exchanges by spot volume, has entered into a major sponsorship agreement with the Formula One team Oracle Red Bull Racing, with the exchange now taking on a new role of the “Issuance Partner” for fan tokens and non-fungible tokens (NFTs) for the racing team.
With...
Disney Launches Specialized Metaverse Team to Explore ‘New Storytelling Frontier’
16.2.2022
Disney has created a specialized unit of senior employees and executives to oversee its move into the metaverse.
Per Reuters and the BBC, which claim to have seen a Disney internal memo emailed to staff on the matter, Mike White, an executive who has been with Disney for over a decade, will...
Youtube Seeks Web3 Director With Experience Trading Crypto, According to Recent Job Listing
16.2.2022
Youtube, the online video sharing and social media platform owned by Google, is hiring a director to work with Web3 technology, according to a job listing published on Linkedin. While Youtube requires 15 years of product management experience, the company prefers a candidate that is familiar with...
NYSE 'Coming to Metaverse', Files NFT-Related Trademark Application
16.2.2022
The New York Stock Exchange (NYSE), the world’s largest stock exchange, has filed a trademark application with the United States Patent and Trademark Office (USPTO) to register the term “NYSE” for an array of metaverse- and non-fungible token (NFT)-related products.
Trademark attorney Michael...
NFT Market Cools Down Once Again as Crypto Prices Heat Up
15.2.2022
The market for non-fungible tokens (NFTs) showed signs of a cooldown last week, even as the prices of many cryptoassets have been on the rise.
According to a new report from crypto research firm Delphi Digital, activity in the NFT market has slowed down over the past week, with the volume...
UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People
15.2.2022
The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our first seizure of a non-fungible token serves as...
The Future of NFTs: A Race Between Traditional Businesses and Crypto-based Financial Services
14.2.2022
Umberto Canessa Cerchi is the CEO of Kryptomon, an NFT play-to-earn blockchain game._____
Traditional institutions and decentralized ones have always been at odds given their competing philosophies, but the recent explosion in NFTs has given them a shared interest, with both racing to give...
UK Tax Authority Confiscates 3 NFTs in Fraud Case as a First
14.2.2022
As part of its probe into a potential value-added tax (VAT) fraud, UK tax authority Her Majesty's Revenue and Customs (HRMC) has confiscated three non-fungible tokens (NFTs) in what represents the first seizure of such assets by a British government institution.
On HMRC’s initiative, three...
Rare ‘Alien’ CryptoPunk NFT Sells for USD 23M Worth of Ethereum
14.2.2022
An avid non-fungible token (NFT) collector and ethereum (ETH) holder has made history by spending a whopping USD 23 million worth of ETH on a CryptoPunk token – the highest fee ever forked out for an item in the so-called “OG” collection....
Read More: Rare ‘Alien’ CryptoPunk NFT Sells for...
YouTube Eyes Metaverse, Blockchain, NFT Features As Creator Program Hits 2M Users
11.2.2022
In 2022, YouTube aims to roll out a number of new functionalities, tools, and products for the company’s creators, viewers, and partners -- and per Neal Mohan, Chief Product Officer at the platform, some of the features will also be related to the metaverse, blockchain, and non-fungible tokens...
Binance Partners With Korean Entertainment Corporation — NFT and Metaverse Collaborations Envisioned
10.2.2022
Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan to develop games that are compatible with the Binance Smart Chain (BSC). NFTs...
McDonald’s Metaverse Moves: 11 Trademark Applications for 'Virtual Restaurant' & Virtual Goods
10.2.2022
American fast-food behemoth McDonald’s is the latest major brand to make a move into the metaverse by filing no fewer than twelve trademark applications on February 4, eleven of which make direct references to virtual restaurants, cafes, concerts, and other virtual services, goods, and events....