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Nike Acquires NFT Startup RTFKT Studios in Order to ‘Deliver Next-Generation Collectibles’
14.12.2021
Nike, the American multinational footwear and sports apparel company has announced the acquisition of a startup called RTFKT Studios, a firm that leverages non-fungible token (NFT) assets, blockchain authentication, and augmented reality. Nike says the acquisition will allow the company “to...
Even This Hydraulics Firm Takes Crypto, DeFi, NFT & Metaverse Plunge
14.12.2021
The Korean Stock Exchange-listed South Korean hydraulics firm Sewon E&C is in the final stages of sealing a deal with a major decentralized finance (DeFi) player over proposed crypto, non-fungible token (NFT), and metaverse collaboration....
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Hacked Vulcan Forged Says It Has Refunded 'the Majority' of Affected Users
14.12.2021
The hacked play-to-earn non-fungible token (NFT) platform Vulcan Forged, which offers over six blockchain games, a decentralized exchange (DEX), and an NFT marketplace, said it has refunded the majority of affected users from its treasury.
The platform fell victim to a hack on Monday and lost...
Russia to Ban Funds from Crypto Investment, Experts Warn of ‘Blurry’ Legal Status
14.12.2021
The Russian Central Bank has moved to bar financial firms in the country from engaging with crypto-related mutual funds.
In a press release, the resolutely anti-crypto body, which also polices the domestic financial sector, announced it had created a draft directive, which it will listen...
Here's the 'Metaverse-Ready Sneakers and Collectibles' Creator Nike Acquired
14.12.2021
Virtual sneakers and collectibles creator RTFKT is the latest entity to be acquired by a massive company on its way into the metaverse.
Sportswear giant Nike announced Monday that it has acquired this virtual shoe company that leverages the blockchain technology with plans to create NFTs...
Matrix Star Keanu Reeves Owns Crypto, Skeptical of NFTs, Says ‘Can We Not Have Metaverse Be Invented by Facebook’
14.12.2021
Matrix star Keanu Reeves has revealed that he owns cryptocurrency which a friend bought for him a while back. “Yeah, I have a little hodl,” he said. The famous actor also commented on non-fungible tokens (NFTs) and the metaverse. Keanu Reeves Talks Crypto, Metaverse, and NFTs Famous...
Keanu Reeves Calls NFTs 'Easily Reproducible,' Says He Owns Crypto
13.12.2021
Canadian actor and the star of the 'Matrix Trilogy' Keanu Reeves expressed skepticism about non-fungible tokens (NFTs) and digital ownership during an interview with The Verge.
When asked about his view on NFTs and the concept of digital scarcity, Reeves said they can be easily replicated...
4 Reasons Why Museums Aren’t Cashing in on NFTs yet
12.12.2021
Brian Mittendorf, Fisher Designated Professor of Accounting, The Ohio State University, and Sean Stein Smith, Assistant Professor of Economics and Business, Lehman College, CUNY.
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Read More: 4 Reasons Why Museums Aren’t Cashing in on NFTs yet
Makersplace Plans to Drop World’s First 2pac NFT Collection Authorized by the Shakur Estate
10.12.2021
On December 15, the non-fungible token (NFT) market platform Makersplace will drop an assortment of NFTs based on Tupac Shakur’s most well-known jewelry pieces. Makersplace and the NFT artists and curators Impossible Brief and Digital Arts & Sciences worked closely with Shakur’s...
India's Bollywood-Worthy Twists & Turns as Gov't Set to Make Key Crypto Decisions
10.12.2021
India’s protracted struggle with crypto-related legislation has taken yet another confusing turn, while a range of options appears to be on the table for a key meeting to be held today – with the crypto-skeptic Prime Minister Narendra Modi set to make a decisive call in the next...
Busy Day For Ledger as It Announces Crypto Debit Card, NFT, Coinbase, and FTX News
9.12.2021
Major hardware maker Ledger said it aims to launch a crypto debit card, start supporting non-fungible tokens (NFTs), and announced partnerships with two major exchanges, Coinbase and FTX.
The company made multiple announcements today, during the Ledger Open conference in Paris....
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Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service
8.12.2021
Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry.
In an announcement, the payment network acknowledged that "digital currencies are taking greater...
Pak’s NFT Collection Breaks an Art Auction Price Record
7.12.2021
Popular digital artist Pak has sold some 250,000 non-fungible tokens (NFTs) for a total of USD 91.8m on the NFT marketplace Nifty Gateway - now considered to be the highest original price to be paid at an auction for the work of a living artist.
The art collection, Merge, was sold between...
Only 1 in 4 NFTs Bought During Minting Result in Profit - Chainalysis
6.12.2021
Data acquired from the major non-fungible token (NFT) marketplace OpenSea reveals that merely 28.5% of NFTs purchased during minting lead to a profit. On the other hand, more than 65% of NFTs bought from other users on the secondary markets result in profit.
NFTs "are far from a surefire...
Binance Smart Chain, Animoca To Bet USD 200M On Crypto Gaming Startups
6.12.2021
Binance Smart Chain (BSC) has unveiled a USD 200m investment program developed in partnership with Animoca Brands, a company focused on non-fungible token (NFT) and gaming digital property rights - aiming to finance early-stage blockchain-based gaming startups.
BSC is a blockchain network built...
MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG
4.12.2021
PRESS RELEASE. MetaGods, the world’s first play-to-earn 8-bit action role-playing game built on the blockchain, has raised $3 million USD in funding from supporting investors. Numerous investors and partners have partnered with the initiative to combine blockchain technology and the fast...
Crypto Exchanges in 2022: More Services, More Compliance, and Competition
4.12.2021
For many people, exchanges are pretty much the core of the crypto market and industry. They facilitate the all-important trades in the world’s virtual currencies, and by doing so, they reveal which are likely to become the biggest in the future....
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The Liquidity of Creativity: Why NFTs Need an On-Chain IP Management System
3.12.2021
Victor Zhang is head of Stormbird Labs, AlphaWallet's tokenization lab. Victor has been immersed in NFTs for over the last 4 years, working on tokenization of digital and real assets.
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When you buy a non-fungible token (NFT), what do you really own? ...
Read More: The Liquidity...
Saxo Bank's 'Outrageous Prediction' on NFT-Based Platforms Disrupting Spotify
3.12.2021
Denmark’s Saxo Bank has released a set of 10 “outrageous predictions” for next year, among others forecasting that digital rights platforms based on non fungible tokens (NFTs) have the potential to disrupt Spotify’s robust position in the global music distribution industry.
The bank explains...
USD 1.2M Bid Placed on NFT Piece by Silk Road Founder Ross Ulbricht
3.12.2021
A piece from the non-fungible token (NFT) collection by the Silk Road darknet market founder Ross Ulbricht has already fetched a bid of nearly USD 1.2m with days more to go.
Ulbricht, currently in his ninth year of serving a double life without parole in a US federal prison, previously...