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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...
Content Subscription Service Onlyfans Adds Ethereum-Based NFT Profile Feature
12.2.2022
The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps...
Report: Ubisoft Employees Are Still Telling Their Bosses That NFTs Suck
11.2.2022
Ubisoft employees continue to push back on the company’s plans to utilize blockchain technology for, among other things, the distribution of NFTs (non-fungible tokens), according to a new Bloomberg report.Read more
13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin
11.2.2022
13 years ago today, the creator of the Bitcoin network, Satoshi Nakamoto published the inventor’s first forum post on the P2P Foundation website. The forum post called “Bitcoin open source implementation of P2P currency” introduced the e-cash system to the members of...
Farmville Creator Zynga to Launch NFT Games, Says Gaming Firm’s Blockchain Lead
11.2.2022
American social game developer Zynga has plans to launch non-fungible token (NFT) games in the near future. Zynga’s vice president of blockchain, ​​Matt Wolf, told the press that the company is looking at the cycle right now and “figuring out where we want to jump...
YouTube Eyes Metaverse, Blockchain, NFT Features As Creator Program Hits 2M Users
11.2.2022
In 2022, YouTube aims to roll out a number of new functionalities, tools, and products for the company’s creators, viewers, and partners -- and per Neal Mohan, Chief Product Officer at the platform, some of the features will also be related to the metaverse, blockchain, and non-fungible tokens...
McDonald’s Trademark Filings Hint at Fast Food Giant’s Intent to Produce Metaverse Restaurants
11.2.2022
Following a slew of well known brands filing trademarks for metaverse related products and virtual goods, the American fast food firm founded in 1940, McDonald’s, has filed for ten trademark applications that describe plans to offer virtual restaurants and other digital-based products....
Topps Plans to Auction Rare 1952 Mickey Mantle NFT Card Minted on Ethereum
11.2.2022
The American firm that produces Bazooka chewing gum, candy, and collectibles, Topps has announced the company is planning to auction one of the rarest baseball cards on earth in NFT form — Topps 1952 Mickey Mantle card. The Topps 1 of 1 “Timeless Collectible” will be issued...
Official Winter Olympics P2E Game Is a Non-Starter in the Games’ Host Country
11.2.2022
Crypto is making its presence felt through its absence at the Winter Olympics, currently underway in China. The International Olympic Committee (IOC) has struck a partnership deal with nWay, a subsidiary of the play-to-earn (P2E) gaming giant Animoca Brands, which has released the “official...
Report: Gaming CEO Pushes NFT Scam While Devs Struggle To Buy Food
10.2.2022
On January 31, publisher Team17 announced a Worms NFTs and was roundly rebuked by fans and studio partners alike. A day later it apologized and canceled the whole thing. According to a new report by Eurogamer, that was only the tip of the iceberg of Team17’s bullshit, which also included bad...
Russia Plans to Allow ‘Non-Residents’ Access to Crypto Platforms, Helping Bitcoin Miners Sell BTC
10.2.2022
The Russian government appears to be preparing the ground for the legalization and regulation of the Bitcoin (BTC) and crypto mining sector – and is already planning what looks like a way for miners to sell their tokens to overseas buyers even after the nation begins policing crypto...
Binance Partners With Korean Entertainment Corporation — NFT and Metaverse Collaborations Envisioned
10.2.2022
Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan to develop games that are compatible with the Binance Smart Chain (BSC). NFTs...
Ukrainian Volunteer Groups Accept Bitcoin Donations Amid Tensions With Russia, Study Finds
10.2.2022
Non-government and volunteer organizations collecting funds to support Ukrainian forces have been accepting donations in cryptocurrency, a new report has unveiled. The findings have been published amid heightened tensions with Russia, which has been accused of amassing troops at the border with...
McDonald’s Metaverse Moves: 11 Trademark Applications for 'Virtual Restaurant' & Virtual Goods
10.2.2022
American fast-food behemoth McDonald’s is the latest major brand to make a move into the metaverse by filing no fewer than twelve trademark applications on February 4, eleven of which make direct references to virtual restaurants, cafes, concerts, and other virtual services, goods, and events....
AssangeDAO Wins the Bid for Pak's Clock NFT for USD 53M
10.2.2022
AssangeDAO, a decentralized autonomous organization (DAO) consisting of "cypherpunks" fighting for the liberation of incarcerated WikiLeaks founder Julian Assange, has won the bid for the Clock NFT, which was created by digital artist Pak in collaboration with Assange.
The DAO used...
Luxury Auction House Sotheby’s Plans to Auction 104 Cryptopunks Worth an Estimated $20M
9.2.2022
On Tuesday, the British-founded American multinational luxury auction company Sotheby’s, headquartered in New York City, announced the auction house is planning to auction a lot of 104 non-fungible token (NFT) Cryptopunks. The lot of 104 NFTs is predicted to fetch around $20 million to...
NFT Prices ‘Relatively Independent’ of Broader Crypto Market
9.2.2022
The market for non-fungible tokens (NFTs) – although still in its infancy – appears to be “a relatively independent market” that does not necessarily move with the broader crypto market, according to crypto analysis firm Coin Metrics.
In their latest report, Coin Metrics noted that it is often...