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Dreams of the Metaverse: Rethinking Sports Through High-Tech
28.1.2022
Ryan Wilkinson, head of product at Blockasset, a Solana-based first athlete-verified platform that connects athletes with their fans._______
If you’ve ever been to a sports game, you know that few things can rival the energy of a packed stadium, with whole sectors of fans cheering and gasping...
Japanese Ruling Party Launches NFT Task Force, Eyes New Growth in the Sector
28.1.2022
Japan may be edging toward regulating non-fungible tokens (NFTs) – after the ruling Liberal Democratic Party, which has been in power since 1955, launched an NFT policy task force....
Read More: Japanese Ruling Party Launches NFT Task Force, Eyes New Growth in the Sector
‘Broader Range’ of Institutions Seeking Crypto Exposure Beyond Just Bitcoin - Coinbase
28.1.2022
There was “a broader range” of investors that wanted exposure to crypto last year, with many of them seeking access to new products such as bitcoin (BTC)-backed exchange-traded funds (ETFs), decentralized finance (DeFi), and non-fungible tokens (NFTs), a new report from Coinbase...
Reddit Reportedly Testing NFT Profile Pic Functionality
28.1.2022
Reddit, one of the largest micro-posting sites on the internet, is reportedly venturing further into the world of non-fungible tokens (NFTs). The company is testing a new functionality that allows users to set NFTs as profile pics, something Twitter is already doing now. Reddit released its...
Vitalik Buterin Discusses 'Large & Underexplored Design Space' of Non-Transferable NFTs
28.1.2022
Ethereum (ETH) co-founder Vitalik Buterin has discussed the benefits of non-transferable non-fungible tokens (NFTs) — tokens that can’t be sold or separated from their owners — saying that there are certain use cases for such tokens.
In a blog post, Buterin illustrated the concept...
IRS Special Agent on Crypto: ‘We See Mountains of Fraud in This Area’
28.1.2022
A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because...
Coinbase Gives Preview Of Its NFT Platform, Reddit Tests NFT Profile Pic Feature
27.1.2022
In anticipation of the official launch of their non-fungible token (NFT) platform, major crypto exchange Coinbase has shared a preview of the forthcoming product.
In a recent series of tweets, Sanchan S. Saxena, Vice President for Products at Coinbase, said his intention was to demonstrate...
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....
Read More: S Korean Presidential Candidates Manifestos Issued...
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...
Elon Musk Criticizes Twitter — Gets Blasted for Using Tesla to Promote Crypto, Dogecoin
23.1.2022
Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service. “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread,”...
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%
22.1.2022
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain...
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...
UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’
21.1.2022
The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking...
JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
21.1.2022
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing...
Report: Meta and Instagram Are Exploring an ‘Early Stage’ NFT Feature
20.1.2022
Meta Platforms, Inc., formerly known as Facebook, Inc., is reportedly experimenting with non-fungible token (NFT) technology, according to unknown sources speaking with the Financial Times (FT). Allegedly, Meta is “readying” an NFT feature but it is “at an early stage and could...
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...