NFT Financial News

02.10 / 11:05

Art Digital NFT CEO song reports Franklin Templeton CEO Calls Tokenization 'Securitization on Steroids'

Tokenization is causing a significant shift in the traditional securitization process, according to Jenny Johnson, the CEO of asset management giant Franklin Templeton.

01.10 / 22:01

business NFT defi Venture Capital Startups VC Roundup: Investors eyes blockchain analytics, gaming and crypto privacy

Crypto startups keep raising capital despite tight liquidity and adverse macroeconomic conditions. September saw major developments in the space, such as Farmville co-creator Amitt Mahajan raising $33 million to create Web3 games, and Animoca Brands disclosing $20 million capital gathered to push forward the development of its Mocaverse platform.

01.10 / 21:29

business Blockchain NFT Tokens Digital Asset Tokenization is “securitization done on steroids" — Franklin Templeton CEO

Securitization, a practice with over 50 years of history, is undergoing a dramatic transformation, believes Jenny Johnson, CEO of Franklin Templeton, one of the world’s largest asset managers.

29.09 / 20:09

Blockchain Ethereum NFT defi DEX Scams BaSe Pond0x DEX claims $100M in trading volume as critics allege it’s a scam

The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a September 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the exchange’s native token, PNDX, when the coin turned out to have a transfer function that allowed anyone to transfer it without the owner's permission. But supporters claim these losses were not the fault of the developer.

29.09 / 10:19

Adoption NFT Donations PHILANTHROPY Support NFT artist raises $140K for cancer support charity

A nonfungible token (NFT) artist raised nearly $140,000 (114,000 British pounds) from an art event in Edinburgh, Scotland to support cancer treatment.

29.09 / 07:03

NFT PayPal PayPal Deepens Crypto Footing With Layer-2 Solutions and NFT Patent Applications

PayPal has filed a series of patent applications that indicate the payments giant aims to research and build up across multiple domains within the cryptocurrency ecosystem.

27.09 / 20:33

NFT Metaverse data Bitcoin UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter

In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging the network. Read about British politicians using the metaverse to discuss opportunities and challenges in Web3, and find out why Rolling Stone says NFTs are “finally totally worthless.” And don’t forget this week’s Nifty News, featuring world-renowned artist Takashi Murakami saying he might not release any more NFTs.

27.09 / 06:21

Blockchain NFT Mining Analysis fees Bitcoin BRC Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

Despite concerns that Bitcoin Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away from higher-value Bitcoin (BTC) monetary transfers.

27.09 / 05:13

NFT Walmart Pudgy Penguins surges Pudgy Penguins NFT Launches Toys in 2,000 Walmart Stores, Trading Volume Surges by 530%

Popular NFT collection Pudgy Penguins has launched its Pudgy Toys collection in 2,000 Walmart stores across the United States.

26.09 / 06:29

Blockchain Adoption NFT transactions Bitcoin Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’

The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20 token standard.

23.09 / 08:15

Law Art NFT Television Fox Nifty News: Murakami to step back from NFTs, Dan Harmon’s NFT show debut and more

Acclaimed Japanese contemporary artist Takashi Murakami says he may not release any more nonfungible tokens (NFTs) moving forward after first jumping into the market in late 2021.

21.09 / 15:03

Blockchain Ethereum Adoption NFT Gaming Venture Capital Farmville co-creator-led company raises $33M to create Web3 games

Proof of Play, a company led by Farmville co-creator Amitt Mahajan, raised $33 million to create Web3 games, according to a Sept. 21 announcement. Majahan is the CEO of Proof of Play, and Twitch co-founder Emmett Shear is a board member.

21.09 / 12:27

Art Digital NFT CoinMarketCap BURST non-fungible token track The NFT Bubble Has Officially Burst: Over 95% of NFT Collections Have Zero Value

Non-fungible tokens (NFTs), once the darlings of the digital art and collectibles world, are facing a harsh reality check.

21.09 / 12:27

NFT Rolling Stone Calls NFTs “Totally Worthless,” Sparks Diverse Community Reaction

A new report shows that 95% of mainstream non-fungible tokens (NFTs) have recorded plunging values with many now almost worthless.

21.09 / 09:39

UPS Ethereum NFT Reddit community reports NFTs are ‘totally worthless’ says mainstream media, community responds

Mainstream media outlet Rolling Stone has declared that nonfungible tokens (NFTs) are “finally totally worthless,” citing the results of a DappGambl study on the “evolving landscape” of NFTs. The study found that as many as 95% of NFTs (owned by more than 23 million investors) have no value at all.

20.09 / 19:07

NFT Metaverse Meta Bitcoin Meta launches metaverse game, Bitcoin Ordinals creator proposes numbering change: Nifty Newsletter

In this week’s newsletter, read about how marketplace Magic Eden integrated compressed nonfungible tokens (NFTs) into its platform and how Meta launched its metaverse game on mobile and web. Check out why the Bitcoin Ordinals creator proposes changing the protocol’s numbering system and learn about Atari founder Nolan Bushnell’s perspectives on play-to-earn gaming. In other news, the United States Securities and Exchange Commission (SEC) has charged NFT collection Stoner Cats with offering unregistered securities.

20.09 / 08:41

NFT Bitcoin Bitcoin Ordinals creator proposes to change inscription numbering system

Bitcoin Ordinals’s creator and chief coder, Casey Rodarmor, has recently proposed changing the protocol’s numbering system with the aim of simplifying the project’s codebase.

18.09 / 17:41

NFT gala GameFi How To What is Gala Games and how to buy GALA coin?

Echoing the momentum of GameFi (gaming and finance) and the great success of Axie Infinity, Gala Games was launched in 2019 to pursue technology development and innovation in play-to-earn (P2E) blockchain gaming. The global market size of blockchain gaming exceeded $4.6 billion in 2022 and is expected to reach around $65.7 billion by 2027, establishing itself as one of the most promising sectors revolutionized by blockchain technology.

18.09 / 12:21

Blockchain Ethereum FIVE NFT CEO Strategy Crypto Advocates Among Arnault Heirs: LVMH's Succession in Focus

The luxury conglomerate LVMH, headed by CEO Bernard Arnault, is facing a pivotal moment in its history as the business magnate decides which of his five children will inherit his vast empire.

17.09 / 08:47

Blockchain NFT coinbase layer2 BaSe network Base Network hits almost 2M transactions in a day, still lags Polygon, BSC

Coinbase layer-2 network Base hit a new peak in terms of daily transactions, breaking its former record when it was launched in August, according to data from blockchain explorer BaseScan.

16.09 / 11:49

NFT solana Marketplace Minting Blockchain Storage Magic Eden integrates Solana’s compressed NFTs into marketplace

Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital collectibles.

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