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IRS Says It Is Fighting ‘Mountains’ of Crypto & NFT ‘Fraud’ and Celebrity Shills
27.1.2022
The United States tax body, the Internal Revenue Service (IRS), says it believes the crypto and non-fungible token (NFT) space is beset with “fraud” – and has warned that celebrities promoting crypto on social media could face probes....
Read More: IRS Says It Is Fighting ‘Mountains’ of Crypto...
Have We Reached Peak NFT Hype?
27.1.2022
James Butterfill is Investment Strategist at major European digital asset investment firm CoinShares.____...
Read More: Have We Reached Peak NFT Hype?
OpenSea Denies Hack and Bug Allegations, Claims Issue is Related to UI
25.1.2022
Major non-fungible token (NFT) platform OpenSea has denied hack allegations, saying that yesterday's issue was related to user interface (UI) design.
"This is not an exploit or a bug – it’s an issue that arises because of the nature of the blockchain," the OpenSea spokesperson told...
S Korean Presidential Candidates Manifestos Issued as NFTs; Crypto Enters National Statistics
25.1.2022
The manifestos of South Korea’s main presidential candidates have been released as non-fungible tokens (NFTs) – as the nation’s March general election takes yet another crypto-flavored turn and Statistics Korea makes a crypto move....
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OpenSea Is Reportedly Being Exploited
24.1.2022
Major non-fungible token (NFT) platform OpenSea is reportedly under attack, with the perpetrator drawing out hundreds of ethereum (ETH).
Security and data analytics company PeckShield said today that OpenSea seems to be experiencing “a front-end issue,” while the exploiter got some ETH...
Fractional NFTs Might Democratize Digital Investing
22.1.2022
2021 has arguably been the year of non-fungible tokens (NFTs). With over USD 10bn in sales, the largely crypto art-driven NFT market could overtake the traditional arts & antique markets in sales by as early as this year.
One of the latest innovations in the NFT market is so-called “fractional...
Twitter Introduces Verified NFT Profile Pics, Sets up Foundation Account
21.1.2022
The social media giant Twitter has taken further tentative steps into the world of Ethereum (ETH) and non-fungible tokens (NFTs) – by moving to allow some users to use verified NFTs as their profile pictures. And the firm has also apparently created an account on the invite-only ethereum-based...
NFTs Might Reach Facebook & Instagram as Meta Mulls NFT Marketplace - Report
20.1.2022
Facebook and Instagram-owner Meta is reportedly working on its own plans for allowing users to create, trade, and display non-fungible tokens (NFTs) from their social media platforms.
The plans, which have yet to be confirmed, are likely to involve a new feature that would let users display...
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone
20.1.2022
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard...
NFT Infrastructure Moves: OpenSea Acquires Dharma, Coinbase Partners With Mastercard
19.1.2022
The market for non-fungible tokens (NFTs) is off to a strong start in 2022. While this is evident from the increasing number of NFT users and the rising volume of transactions, the recent decisions by some of the industry leaders further strengthen this perspective -- as companies move to make...
Invictus NFT Lab Blazes Trail for a New Fine Art Paradigm
19.1.2022
In our view, blockchain technology and non-fungible tokens (NFTs) present a perfect tool to revolutionize the traditional Fine Art industry, to the benefit of both artists and collectors. With this in mind, the Invictus NFT Lab’s inaugural Out of Africa collection aims to blaze the trail...
Top Crypto Trends to Watch in 2022, According to Pantera’s Paul Veradittakit
18.1.2022
With 2022 already underway and the crypto market still sliding lower, it's an excellent time to take a look at what expectations industry insiders have for the crypto landscape in the year before us.
To help you get some insight into what to expect for the year, we took a look at the main...
NFT Powerhouse Animoca Brands Hits USD 5B Valuation as Winklevoss & Soros Join USD 359M Round
18.1.2022
Major non-fungible token (NFT)-focused company Animoca Brands said reached a valuation of USD 5bn after completing a USD 359m investment round.
The latest investment round for Animoca Brands was led by Liberty City Ventures, with participation from a range of other investors including...
NFTs and Games Are Not Correlated to Crypto - Research
17.1.2022
A drop in prices of digital assets does not necessarily affect the performance of non-fungible tokens (NFTs) as they continue to soar despite crypto slumps, according to distributed app (dapp) store DappRadar....
Read More: NFTs and Games Are Not Correlated to Crypto - Research
‘Flurry’ of Walmart Patents Show Willingness to Embrace Crypto, NFTs and the Metaverse
17.1.2022
Walmart has developed plans that involve the creation of its own cryptoasset, launch collection non-fungible token (NFT) collections, and (yes, you guessed it) enter the metaverse, per reports citing filings made with the American Patent and Trademark Office....
Read More: ‘Flurry’ of Walmart...
Foam Shoe Giant Crocs Files NFT and Digital Collectibles Trademark Application
16.1.2022
According to a recent trademark application, Crocs, the American shoe company based in Colorado may be delving into the world of non-fungible tokens (NFTs). Since 2004, Crocs has sold 300 million pairs of foam clog shoes and the application describes a protocol that can manage and store digital...
Metaverse Trends in 2022: Prepare for More Gaming and New Virtual Experiences with NFTs
16.1.2022
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While ‘non-fungible token’ (NFT) may have been Collins Dictionary’s word of 2021, there’s a good chance that ‘metaverse’ came a very close second (Collins did indeed mention the word in its blog commemorating NFTs). Because ever since Facebook changed its company name to Meta...
Bank of America Says Solana Could Take Market Share From Ethereum, Become the ‘Visa of the Digital Asset Ecosystem’
16.1.2022
Bank of America’s analyst says that Solana could take market share away from Ethereum. Noting that Solana is optimized for micropayments, gaming, and non-fungible tokens (NFTs), the analyst expects “Solana could become the Visa of the digital asset ecosystem.” Bank of America...
Crypto Fundraising in 2022: More VC, Metaverse, Gaming, and Regulatory Questions
15.1.2022
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The nascent crypto industry is very dependent on funding. Not just the funding we’ve seen in the form of various coin offerings and private fundraising, but also the indirect funding that occurs whenever retail traders buy a cryptoasset and boost its price, thereby increasing...
How Music NFTs Could Disrupt the Music Industry
15.1.2022
Copyright issues, exploitation, no royalties. These are but a few challenges that musicians all over the world face when it comes to the production and distribution of their music. With the emergence of music non-fungible tokens (NFTs), there is the potential that the music industry can...