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European Union Presents Project to Fight Counterfeiting by Using NFTs for 2023
9.9.2022
The European Union (EU) is working on a project that involves blockchain architecture and the use of non-fungible tokens (NFTs) to fight counterfeiting and forgery. The project is the product of several meetings and blockchain hackathons organized by the European Union Intellectual Property Office...
Ford prepares to enter the Metaverse with virtual automobiles and NFTs
9.9.2022
A trademark application covering its future efforts in the Metaverse and NFT space comes only a month after the company announced huge staff cuts
David Bowie Estate to Drop ‘Bowie on the Blockchain’ NFTs, Sale Receives Backlash From Fans
8.9.2022
The David Bowie estate recently announced it is launching a series of non-fungible token (NFT) collectibles called “Bowie on the Blockchain.” Following the official announcement, however, a number of Bowie’s fans chastised the project and called it a pyramid scheme....
GameStop NFTs Not So Good But Announces Partnership With FTX as Crypto Push Continues
8.9.2022
GameStop is not easing its push into the Web 3.0 space even after underwhelming non-fungible token (NFT) adoption figures. The video game and consumer electronics retailer has announced a partnership with cryptocurrency exchange FTX.US, the U.S. subsidiary of FTX. ...
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Sorare Partners With NBA to Build a Licensed NFT Game
8.9.2022
Sorare, a French fantasy game startup, reached an agreement with the National Basketball Association (NBA) to build a non-fungible token (NFT) game under its license, allowing the company to use team names and player likenesses from the league. The company, which had already signed similar...
NFT Psycho Advocates Turning Players From 'Developing' Nations Into NPCs
7.9.2022
A common thread linking my complete revulsion for all things blockchain and AI is the sheer inhumanity of it all. Devotees of these techbro causes are so focused on technology, profits and market forces, while remaining oblivious to their effects and consequences, that at times it feels like they...
Trezor and Wasabi to Implement a Coinjoin Mixing Scheme Into Hardware Wallets
7.9.2022
This week, the hardware wallet manufacturer Trezor, and the non-custodial bitcoin wallet with a built-in Coinjoin mixer, Wasabi, revealed the two teams are working together to introduce Coinjoin mixing into hardware wallets. On Sunday, Wasabi tweeted “hardware wallet Coinjoins are coming...
LG Taps Hedera Hashgraph for NFT Platform, Tests Crypto Wallet
5.9.2022
South Korean tech giant LG Electronics has tapped into the Hedera Hashgraph (HBAR) network to bring NFTs to television screens and is also testing a crypto wallet.
LG has released its NFT marketplace called LG Art Lab, available in the US on the company’s TVs running the webOS 5.0 operating system...
This Week’s NFT Sales Jump 26% Higher Than the Week Prior, Bored Ape #6,588 Sells for $1.17M
4.9.2022
Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million...
Everscale Foundation Officially Launches
4.9.2022
PRESS RELEASE. Zug, Switzerland, September 4, 2022 – The Everscale Foundation has been officially registered as a non-profit organization to facilitate the growth of the Everscale network’s ecosystem, attract new developers, and further expand the international community....
Comedian Bill Murray’s Wallet Hacked for $186K Worth of Ethereum After NFT Charity Auction
3.9.2022
American actor and comedian Bill Murray saw 119.2 ethereum drained from his wallet on September 1, 2022, after Murray held a non-fungible token (NFT) charity auction. Statistics show that most of the tokens and NFTs in Murray’s wallet have been moved, and roughly $556 in token value remains....
Creators of the Otherside Metaverse Drop New Teaser Video Featuring Creatures Called Kodas
3.9.2022
Yuga Labs, the creators of the popular Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and Bored Ape Kennel Club (BAKC) non-fungible token (NFT) collections, has released another video clip showcasing the Otherside metaverse. The second Otherside trailer features characters called...
More than 50% of reported Bitcoin trading volume is 'likely to be fake or non-economic' — Report
2.9.2022
A Forbes analysis of 157 exchanges revealed Bitcoin trading volume may not match up to what the companies claim, particularly if they're small or unregulated
Genshin Impact Shakes Up The JRPG Formula With Its NPCs
2.9.2022
It’s a joke among weebs that you can always tell who’s the main character of an anime. You look for the teenager with the most vibrantly colored hair, or the impractical clothes. The young heiress Dunyarzad, a newly introduced NPC in Genshin Impact, hardly fits the bill, so I didn’t think much...
Ripple to Participate in the Digital Dollar Project’s CBDC Sandbox Program
2.9.2022
The non-profit organization promoting the creation of the digital dollar, the Digital Dollar Project, has announced the launch of a sandbox program to kickstart the probe of the technical implementations of the envisaged digital currency. The fintech firm Ripple is among the four participants that...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday’s NFP Report
1.9.2022
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from...
US Inches Towards Bitcoin & Ethereum Accounting Clarity, Leaving NFTs and Stablecoins for Later
1.9.2022
In a bid to develop transparent accounting rules for digital assets, the US Financial Accounting Standards Board (FASB) has revealed what assets the industry body will include in its crypto rule-making project, leaving NFTs and certain stablecoins outside its scope....
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Ticket Marketplace Giant Ticketmaster Chooses Flow Blockchain for NFT Push
31.8.2022
This week, Ticketmaster Entertainment, Inc. revealed the company will give event organizers the ability to mint non-fungible token (NFT) tickets via the Flow blockchain. Last November, Ticketmaster said it was working with Polygon but since Super Bowl LVI, the ticket sales and distribution behemoth...
Get ready for the feds to start indicting NFT wash traders
31.8.2022
Securities and Exchange Commission regulators should move to protect investors from traders who distort the NFT market with manipulative trades — and they probably will soon
Meta Reveals Cross-Posting NFT Compatibility Between Facebook and Instagram
30.8.2022
Meta, the corporate entity behind the social media platforms Instagram and Facebook, has revealed that non-fungible token (NFT) support now offers cross-posting compatibility between the two major social media platforms. The digital collectible-sharing ability follows Meta rolling out NFT and Web3...