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Here's the 'Metaverse-Ready Sneakers and Collectibles' Creator Nike Acquired


  Virtual sneakers and collectibles creator RTFKT is the latest entity to be acquired by a massive company on its way into the metaverse.   Sportswear giant Nike announced Monday that it has acquired this virtual shoe company that leverages the blockchain technology with plans to create NFTs...

Keanu Reeves Calls NFTs 'Easily Reproducible,' Says He Owns Crypto


  Canadian actor and the star of the 'Matrix Trilogy' Keanu Reeves expressed skepticism about non-fungible tokens (NFTs) and digital ownership during an interview with The Verge.   When asked about his view on NFTs and the concept of digital scarcity, Reeves said they can be easily replicated...

Russia to Allow Foreign Residents to Own and Use Digital Ruble


The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with...

4 Reasons Why Museums Aren’t Cashing in on NFTs yet


  Brian Mittendorf, Fisher Designated Professor of Accounting, The Ohio State University, and Sean Stein Smith, Assistant Professor of Economics and Business, Lehman College, CUNY. ______... Read More: 4 Reasons Why Museums Aren’t Cashing in on NFTs yet

Vera Successfully Performs Non-Custodial Rental of $1.5 Million Bored Ape


Vera, one of the leading NFT and DeFI platforms, is now the first protocol for renting a $1.5 million dollars NFT to two unknown individuals. The most awaited ETH mainnet platform was unveiled at the Sagamore South Beach Hotel, where the Art Basel Miami is taking place. The NFTs are the Bored...

Ubisoft's NFT Announcement Has Been Intensely Disliked


As we reported yesterday, Ubisoft is getting right into the business of NFTs, a space that is both an environmental catastrophe and an enormous pump-and-dump scam. And because that’s a shitty space to be in, people have been quick to let the company know their feelings.Read more

Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service


  Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry. In an announcement, the payment network acknowledged that "digital currencies are taking greater...

Ubisoft First Major Pub To Befoul Own Game With NFTs


Ubisoft just announced Ubisoft Quartz, an NFT initiative which allows people to buy artificially scarce digital items using cryptocurrency. This announcement represents the AAA-industry’s first real foray into NFTs, which a lot of people absolutely hate because they are a massive scam. Other major...

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