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As Virtual Real Estate Gets Pricey Terrazero Technologies Provides Metaverse Mortgages
19.2.2022
While the metaverse has become very popular, virtual land sales have seen significant demand in recent times. Virtual real estate has become expensive, in comparison to the prices 12 months ago, and virtual parcels stemming from a couple of blockchain metaverse projects have sold for seven figures....
NASCAR Launches Daytona 500 Digital Collectibles via the Wax Blockchain Platform
18.2.2022
On Friday, the National Association for Stock Car Auto Racing (NASCAR) announced the firm launched digital collectibles for this year’s Daytona 500. NASCAR’s series of limited-edition Daytona 500 NFT drops is part of a partnership with the Wax blockchain team. NASCAR Reveals 2022...
Universal Music Group Partners With Curio — Entertainment Giant Plans to Use NFT Platform for Labels, Recording Artists
18.2.2022
The multinational music corporation  Universal Music Group (UMG) announced the company has partnered with the non-fungible token (NFT) platform Curio on Thursday. UMG says Curio will be a “dedicated global outlet for future officially licensed NFT projects” for...
Platinum Games On NFTs: "No Positive Impact" And "Zero Interest"
17.2.2022
These days, it seems like so many game companies are interested in NFTs. So while Konami is rushing into the NFT space, don’t expect Platinum Games to follow suit.Read more
NFT Sales Nosedive This Week as Volume Drops Close to 30%
16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...
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...
Magic: The Gathering-Loving Crypto Losers Fail To Understand Copyright Law
16.2.2022
Stop me if you’ve heard this one before.Read more
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...
Cere Network and Polygon Launch ‘NFT Content Monetization’ Platform Davinci
15.2.2022
On February 14, Cere Network and Polygon launched a non-fungible token (NFT) marketplace and Web3 platform called Davinci, a project that aims to bolster the security behind NFT data. The platform is described as an “all-in-one Web3 media platform” that leverages Cere’s...
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...
Super Bowl Crypto Ads, Which One Was the Most Interesting?
14.2.2022
The 2022 Super Bowl was inundated with crypto ads as four crypto trading platforms and one decentralized autonomous organization (DAO) aired ads promoting the nascent industry.
Reactions varied widely, but the majority in the crypto community seemed to be impressed with the ads by major crypto...
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...
Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum
13.2.2022
The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a blockchain firm called Chain explained that he used leverage via Compound Finance...