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Bitwise, Nexo Add to Financial Products for Rich NFT Investors


  The past day has seen the announcement of two new non-fungible token (NFT)-related financial products, with asset manager Bitwise launching the first-ever index fund to track NFTs, while crypto lender Nexo (NEXO) launched the first lending desk exclusively for NFT investors.... Read More:...

NFTs Cause Carnage in the Latest South Park Special


  Non-fungible tokens (NFTs) have proven to be a disruptive force in the world of art, but in the latest special episode of the US animated series South Park, investing in such assets brings actual death and destruction. One of the scenes in the comedy special, entitled Post Covid: The Return...

The Ten Biggest Kotaku Posts Of 2021


A year ago, many of us had never even heard of NFTs, and Alex Trebek was the only Jeopardy! host most of us had ever known. Well, a lot has changed since then. Relive a time before we knew what a disaster the remastered GTA trilogy would be. Reminisce about how we all got that song from the Ankha...

S.T.A.L.K.E.R. 2 Wants To Turn You Into An NFT, For Some Reason


In video games, non-fungible tokens, or NFTs, are no longer relegated to the realm of underperforming Ubisoft games and Peter Molyneux’s fever dreams. One of the spring’s ballyhooed Xbox shooters, S.T.A.L.K.E.R. 2: Heart of Chernobyl, will feature NFTs, developer GSC Game World announced in a press...

Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency


Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...

Even This Hydraulics Firm Takes Crypto, DeFi, NFT & Metaverse Plunge


  The Korean Stock Exchange-listed South Korean hydraulics firm Sewon E&C is in the final stages of sealing a deal with a major decentralized finance (DeFi) player over proposed crypto, non-fungible token (NFT), and metaverse collaboration.... Read More: Even This Hydraulics Firm Takes Crypto...

Ubisoft Devs Don’t Understand Company’s NFT Push, Either


Last week Ubisoft revealed its new NFT tech platform, called Quartz, and it didn’t go well. The announcement that Tom Clancy’s Ghost Recon Breakpoint would be the first game to implement cryptocurrency-backed items was downvoted on YouTube over 40,000 times. Now it turns out even many developers...

Hacked Vulcan Forged Says It Has Refunded 'the Majority' of Affected Users


  The hacked play-to-earn non-fungible token (NFT) platform Vulcan Forged, which offers over six blockchain games, a decentralized exchange (DEX), and an NFT marketplace, said it has refunded the majority of affected users from its treasury. The platform fell victim to a hack on Monday and lost...

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