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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...
Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic
3.12.2021
The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the non-fungible token (NFT) brands the Bored Ape Yacht Club, and the comic series Punks Comic. Adidas revealed last week that the company partnered with Coinbase and believes...
Metaverse Spurs USD 100M In Weekly Land Plot NFT Sales
2.12.2021
The demand for digital land in Meta (formerly Facebook)’s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRadar. The four leading virtual worlds, The Sandbox, Decentraland, CryptoVoxels...
$7.5 Million NFT Collection Accused of Using Art Without Permission Threatened by Legal Action
1.12.2021
While non-fungible token (NFT) assets have been extremely popular in 2021, there’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection called “Art Wars” because...
Metaverse is a 'Massive, Massive Opportunity' for Crypto – BofA Strategist
1.12.2021
The metaverse will be what finally pushes crypto to be used as currencies in the virtual world, a strategist at Bank of America (BofA) said about the potential of the fast-growing crypto niche....
Read More: Metaverse is a 'Massive, Massive Opportunity' for Crypto – BofA Strategist
Silk Road’s Founder Ross Ulbricht To Launch NFT Auction
1.12.2021
The infamous Silk Road darknet market founder Ross Ulbricht is set to launch his non-fungible token (NFT) auction as he enters his ninth year of serving life without parole in a US federal prison.
The collection is scheduled to be auctioned between December 2 and December 8 on the SuperRare...
As Traditional Treasuries Go Out Of Date, DAOs Are Changing The Playing Field
1.12.2021
‘Redmption’ is the community foreman at decentralized finance (DeFi) project Harvest Finance.
__________...
Read More: As Traditional Treasuries Go Out Of Date, DAOs Are Changing The Playing Field
‘NFT’ Chosen as 2021’s Collins English Dictionary ‘Word of the Year’
30.11.2021
As 2021 nears its end, the firm Harpercollins, the publisher behind the printed and online Collins English Dictionary, has revealed “The Collins Word of the Year.” According to collinsdictionary.com, the word of the year is the abbreviation for non-fungible token, otherwise known...
Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic
30.11.2021
The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups. Budweiser Issues...
Chinese Central Bank: NFT, Metaverse ‘Could Become Money-Laundering Tools’
29.11.2021
The Chinese central bank’s anti-money laundering chief has spoken out about non-fungible tokens (NFTs) and metaverse projects – suggesting that there may be a need to regulate these sectors in the same manner as it polices cryptoassets.
In two crackdowns (one in September 2017 and the second...
Political Cartoonist Accuses NFT Platforms Opensea, Rarible of Being ‘Tools for Political Censorship’
29.11.2021
While non-fungibe token (NFT) collectibles have been very popular, NFTs have brought a slew of unique debates to the table and one of them has been censorship. The artist behind Stonetoss Comics, a series of political cartoons, has been censored by two very prominent NFT marketplaces —...
Study: 8.3% of Polled South Africans Own NFTs, a Further 9.4% Plan to Buy
29.11.2021
About 8.3% of polled South African internet users own NFTs while a further 9.4% said they plan to acquire such tokens in the future, a study has found. Twelfth-Highest NFT Adoption Rate According to the findings of the latest Finder online survey, about 8.3% of the 1,205 South African internet...
2022 Crypto Regulation Trends: Focus on DeFi, Stablecoins, NFTs, and More
28.11.2021
If 2021 has been the year of talking about crypto regulation, then 2022 is likely to be the year of turning words into action. Because if nothing else, 2021 has shown that crypto isn’t likely going to be going away, something which has certainly forced more than a few regulators to sit up and take...
Check These 5 Ways to Earn Yield on Your Crypto
27.11.2021
Today’s fast-evolving crypto markets offer a range of yield-generation opportunities for investors who want to generate investment returns on top of capital appreciation.
Read on to discover five ways to earn yield on your crypto investments.
When it comes to earning yield on your digital...
Seventh-Largest NFT Platform Rarible Launches Messaging Application
25.11.2021
Following the non-fungible token (NFT) platform supporting Flow-based NFT collectibles, NFT marketplace Rarible has launched a direct messaging feature that gives creators the ability to connect with fans via the user’s wallet address. Rarible Reveals Messenger Tool via Internal...
South Korean Gaming Watchdog Won’t Budge on Tough Anti-NFT Stance
25.11.2021
South Korea’s gaming regulator has reiterated its stance that games that feature tradeable non-fungible tokens (NFTs) cannot be distributed in the nation.
As previously reported, in 2019, the Game Rating and Administration Committee (GRAC) refused to issue a rating to Infinity Star, a game...
Gaming Token Gala Jumps Amid Increased Gaming Sector Bullishness
25.11.2021
GALA, a crypto token issued by blockchain gaming firm Gala Games, is continuing to soar higher in price amid increased bullishness across the entire crypto gaming and metaverse sector....
Read More: Gaming Token Gala Jumps Amid Increased Gaming Sector Bullishness
Adidas Originals & Coinbase Strike Partnership, But Keep Details Vague
25.11.2021
The Adidas brand Adidas Originals has announced it has made a foray into the world of crypto – with a purposely obscure tweet about a partnership with the American exchange heavyweight Coinbase.
With a cryptic bent, the brand wrote:
“We’ve partnered with Coinbase. Probably nothing.”
Coinbase...
Watch: VP of WazirX NFT Marketplace on NFT Trends, Challenges, Solutions, and More
24.11.2021
Although only a small portion of the Indian population has purchased non-fungible tokens (NFTs) so far, the market is ripe for growth as there is a lot of interest in creating and monetizing content there, Vishakha Singh, Co-founder and Vice President (VP) of WazirX NFT Marketplace, told...