NFT Financial News

21.07 / 11:51

Blockchain cryptocurrency Art NFT Fashion Art for Everyone: Museums and Galleries Embrace Digital Art and AI at Christie's Summit

Web3 and AI are helping art institutions reach audiences they didn't have access to before, with digital being among the most accessible art forms, argued a panel at the auction giant Christie's 'Art + Tech Summit'.

20.07 / 14:11

business Technology NFT wallet Polygon Reddit EthCC Reddit engineer shares strategy behind NFT onboarding at EthCC

Mirela Spasova, a Reddit senior engineer on the Collectible Avatars project, took to the master stage at the Ethereum Community Conference (EthCC) event in Paris to shed light on Reddit’s strategy for onboarding millions of users to its blockchain-backed digital collectibles.

20.07 / 10:25

Blockchain Ethereum NFT Social Media Polygon Web3 Aave Power Shared Web3 user base could power new social app integrations — Aave CEO

The latest version of Web3 social layer Lens Protocol has been released, introducing improved functionality to support new use cases and shared monetization for its growing Web3 user base.

19.07 / 20:19

Blockchain NFT Google Metaverse Bank of America play Google Play Store officially allows NFT games, but no gambling: Nifty Newsletter, July 12–18

In this week’s newsletter, Google Play has officially allowed nonfungible token (NFT) games on its store — with some limitations. NFT company Dapper Labs has completed its third round of layoffs, and a blockchain gaming startup has enabled an automated refund feature for NFT purchases. In other news, check out the blockchain-based game that has started to spike daily transaction volumes on the Sui Network, and don’t forget this week’s Nifty News, featuring the Bank of America training employees inside the metaverse.

19.07 / 17:27

Adoption NFT Crypto Collectibles Historical Proof-of-truth: Countering AI overreach through Cointelegraph’s Historical NFTs

In the rapidly evolving world of blockchain technology, nonfungible tokens (NFTs) have emerged as an asset class offering a unique opportunity to own many kinds of digital items — both rare and valuable. Since the initial boom of NFTs manifested through the world of collectible digital art (such as Bored Ape Yacht Club and CryptoPunks), the past year has seen digital collectibles utilized in various other interesting real-world use cases. Cointelegraph’s Historical Collection is a prime example of this.

19.07 / 14:41

Art Adoption NFT Artists AI opens doors for NFT artist Ellie Pritts at Bitforms gallery in NYC

This month, Los Angeles-based nonfungible token (NFT) artist Ellie Pritts is celebrating “In the Screen I am Everything,” her first solo show in New York City — and her first time taking over pioneering net art gallery Bitforms.

19.07 / 09:43

Ethereum NFT Opensea Vitalik Buterin becomes NFT, Neopets transitions into non-crypto game and more

An image of the Ethereum co-founder Vitalik Buterin taken back in 2014 is being auctioned off as a nonfungible token (NFT). The portrait was taken by Canadian photographer Andrew Miller and was taken before the popular developer became famous for the blockchain network.

18.07 / 12:07

Blockchain NFT Non-fungible tokens fees Bitcoin ordinals July Sees Surge in Bitcoin NFT 'Ordinal' Inscriptions, Approaching 3.6 Million Monthly Mark

Bitcoin Ordinal inscriptions volume has recorded a significant rise in July, with the month so far seeing nearly 3.6 million of them, pushing the total number to nearly 18 million.

17.07 / 05:31

NFT virtual reality Metaverse Fashion Bank of America Trump Nifty News: Metaverse bank robberies, Trump NFT biz prefers crypto over cash, and more

The Bank of America is mixing a virtual reality metaverse and artificial intelligence to train new employees on everything from handling angry customers to bank robberies.

16.07 / 09:37

business Blockchain NFT Web3 Tokens Real Estate banking Power Asset Tokenization A new age in investing: The transformative power of asset tokenization

Asset tokenization has long been regarded as one of the most compelling applications of blockchain technology. Back in June 2019, the United States investment banking giant BNY Mellon declared it has the potential to “dramatically change the dynamic” for investors and unlock opportunities that were previously out of reach.

15.07 / 17:07

NFT NFTS Puma Jay-Z's Roc Nation and Puma Collaborate on NFT-Enhanced Sneakers

Jay-Z's Roc Nation and Puma have joined forces to create a new sneaker collection that incorporates non-fungible tokens (NFTs).

15.07 / 11:01

Blockchain NFT defi Web3 Gaming Decentralization Travel will create a new wave of Web3 mass adoption: Here’s how

The travel industry has long been a behemoth, catering to the diverse needs of nearly 2 billion digitally savvy users each year. When it comes to technological innovation, however, it has remained a sleeping giant.

15.07 / 06:57

Hollywood NFT Television movie Metaverse Crypto Collectibles Warner Bros Nifty News: The Flash goes Web3, Yuga Labs still working hard on ‘audacious’ Otherside project and more…

Warner Bros.’ NFT unit has unveiled a new Web3 experience for the recently released DC Comics superhero more The Flash, which reportedly flopped at the box office.

14.07 / 12:21

Art NFT Europe Non-fungible tokens UK Fractionalized NFT Project Particle Sends Banksy Artwork on Loan to Global Museums

Digital art platform Particle will loan its fractionalized Banksy painting to major museums across the world.

13.07 / 21:35

Blockchain Ethereum NFT defi coinbase Scalability layer2 Coinbase's Base launches mainnet for builders, will onboard users in August

Coinbase’s Base mainnet is now “open for builders,” according to a July 13 blog post from the network’s development team. The team is opening the network to builders ahead of its public launch to allow more time for user onboarding. Base also announced that the public launch of the network will occur in August.

13.07 / 13:27

NFT Web3 Snoop Dogg and a16z Join $20 Million Funding Round for Web3 Music Platform Sound

Web3 music platform Sound has raised $20 million in a Series A funding round led by Venture capitalist firm Andreessen Horowitz (a16z) and American rapper Snoop Dogg.

13.07 / 13:27

Blockchain NFT CEO Get Protocol Secures $4.5 Million Funding to Disrupt Ticketing Industry with NFTs

Non-fungible token (NFT) ticketing firm Get Protocol has secured $4.5 million in new funding to create an alternative to companies like Ticketmaster.

13.07 / 03:05

business NFT Dapper Labs makes 3rd round of cuts in 9 months amid NFT slump

Nonfungible token collection and technology firm Dapper Labs has announced its third round of staff layoffs in less than a year.

12.07 / 20:19

business NFT Google Crypto Collectibles Mobile Games NOT play Google Play Store officially allows NFT games, but not gambling ones

The Google Play store now allows video game publishers to sell nonfungible token (NFT) games in its store, according to a July 12 blog post from the store’s group product manager, Joseph Mills. In the post, Mills states that Google Play is “pleased to share that we’re updating our policy to open new ways to transact blockchain-based digital content within apps and games on Google Play,” including “boosting user loyalty through unique NFT rewards.”

12.07 / 19:05

Ethereum NFT Gaming Loans Blockchain Game Bored Ape floor price falls below 30 ETH: Nifty Newsletter, July 5–11

In this week’s newsletter, read about Ethereum nonfungible token (NFT) royalties hitting their lowest point in two years. Check out Bitcoin Ordinals trading volume, which hit $210 million in the second quarter of 2023, and how a decentralized finance (DeFi) borrower used an NFT representing a physical luxury watch to take out a loan. In other news, find out why Animoca Brands co-founder Yat Siu is still bullish on blockchain games, and don’t forget this week’s Nifty News, featuring a Sega executive’s opinion on play-to-earn gaming.

12.07 / 15:29

Blockchain Ethereum Adoption NFT wallet Social Media Coinbase Wallet launches instant messaging feature with XMTP

Coinbase Wallet users can now send instant messages to each other using their Ethereum identities, according to a July 12 blog post from Coinbase. The new feature relies on the Extensible Message Transport Protocol (XMTP), an instant messaging system that allows users to communicate using blockchain addresses. XMTP is also used by decentralized social media network Lens.

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