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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...
Ubisoft Executive Says Users 'Don't Get It' In Extraordinary NFT Interview
28.1.2022
Ubisoft’s official foray into the world of Non-Fungible Tokens has not had the best start; the announcement was trashed by fans, and the company’s “garbage” NFTs were largely ignored upon release. In a new interview with Australian site Finder, though, Ubisoft say the blame for this lies with...
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...
Riot Forced To Explain A Valorant Character Is Not Into NFTs
27.1.2022
Riot Games, the creators of League of Legends and online shooter Valorant, has issued something of an apology to fans of the latter after a tweet appeared to show one of the game’s characters enjoying the works of an NFT artist.Read more
Zombie Atari Celebrates 50-Year Legacy With NFT Loot Boxes
27.1.2022
Founded way back in 1972, Atari celebrates its 50th anniversary this year. The all-but-defunct company doesn’t really make games anymore, but it does like to plaster its recognizable logo over everything it can find—from hotels to PCs. And to celebrate that the company is still clinging to life...
78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets
27.1.2022
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted...
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?
Forget Just Right Clicking, Now We're Printing NFTs With Game Boys
26.1.2022
We can all agree that NFTs suck, right? They chew through energy like termites eating wood and shit out a ton of greenhouse gas emissions, destroying our world one crypto sell at a time. On top of that, you don’t get anything physical, just a digital certificate of blockchain ownership. Thankfully...
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...
Survey Says Developers Are Definitely Not Interested In Crypto Or NFTs
24.1.2022
Every year ahead of the actual Game Developers Conference the show’s organisers run an industry survey, polling creators around the world on what’s happening and what could be happening in the games business. With 2022 promising to be a tumultuous 12 months, this year’s results are perhaps a...
Custodial vs non-custodial NFTs: Key differences
23.1.2022
This article explains the key differences between storing custodial and non-custodial NFTs, depending on wanting full control or submitting to a third party
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...