NFT Financial News

20.06 / 19:07

Blockchain NFT Czech automobile conglomerate Škoda Auto launches NFT platform

On June 20, Škoda India, the Indian subsidiary of Czech automobile conglomerate Škoda Auto, launched a Web3 and nonfungible token (NFT) experience in partnership with Near Protocol. Dubbed “Škodaverse India," developers say the platform will possess low gas fees, interoperable NFTs for multiplatform usage, and eco-friendly, scalable NFTs. The firm wrote:

19.06 / 18:29

Waves Twitter BLOCK NFT scam School Kids Reportedly Phishing Millions in NFTs for Roblox Skins

Phishing attacks in the world of non-fungible tokens (NFTs) have taken a concerning turn as school children allegedly steal millions of dollars' worth of NFTs to splurge on coveted Roblox skins.

19.06 / 14:51

Blockchain Twitter NFT Platform Gap Nike Nike Hints at NFT Integration with Fortnite Game

Popular sports brand Nike has hinted at the possibility of launching a collection of sneaker-themed non-fungible tokens (NFTs) within the popular game Fortnite.

19.06 / 13:19

Art Adoption NFT Web3 Artists Future Slow Food: Kenny Schachter reflects on blockchain art’s past, present and future

With crypto in a state of turbulent flux, a demographic of nonfungible token (NFT) detractors in the fine art world might feel trigger-happy to, at last, declare the industry down for the count.

19.06 / 01:49

Blockchain Ethereum NFT Assets Digital Asset Watch out Ordinals, 30,000 ‘Ethscriptions’ land on Ethereum

Ethereum users have been given another way to create nonfungible tokens (NFTs) and other digital assets on the blockchain with the launch of a new protocol.

17.06 / 01:25

NFT Gaming Crypto Collectibles Blockchain Game Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite

Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game Fortnite.

16.06 / 19:49

NFT Three Arrows Capital DappRadar Three Arrows Capital's NFTs fetch $10.9 mln at Sotheby's

Three Arrows Capital sold for $10.9 million at Sotheby's in New York on Thursday, the auction house said. Three Arrows Capital, which filed for U.S. bankruptcy a year ago, spent $15.5 million worth of cryptocurrency on the 37 NFTs in a series of purchases in July and August 2021, data from blockchain tracker DappRadar showed. Non-fungible tokens (NFTs) are a blockchain-based asset that represents ownership of a digital item such as an image, video or piece of text. The most expensive item «Ringers #879 (The Goose)» is part of a series of 1,000 computer-generated abstract images by Canadian artist Dmitri Cherniak.

16.06 / 16:11

NFT NFTS Non-fungible tokens Three Arrows Capital 3AC Sotheby's NFT Artwork Seized From Three Arrows Capital Fetches $10.9 Million in Sotheby's Auction

Recent information disclosed by Sotheby's auction house reveals that the digital collectibles owned by Three Arrows Capital (3AC) were sold for a total of $10.9 million in a New York auction held on June 15.

16.06 / 06:32

NFT coinbase Metaverse Kraken Meta Meta Ceo Puma launches metaverse experience: Nifty Newsletter, June 7–13

In this week’s newsletter, read about footwear giant Puma’s new metaverse experience for Puma Pass nonfungible token (NFT) holders. Check out Meta CEO Mark Zuckerberg’s comments on the new Apple Vision Pro headset, and how NFT platform Enjin has launched a new blockchain. In other news, GameStop terminated the executive responsible for its NFT push, and don’t forget this week’s Nifty News, featuring Kraken’s NFT marketplace and Coinbase’s Stand With Crypto NFTs.

16.06 / 05:42

Blockchain NFT Sustainability Gaming Charity play-to-earn play Play, shop and trade for a greener planet: This project offers new ways to combat climate change

Bitcoin (BTC) mining is estimated to emit 65.4 megatons of CO2 annually. This is the conclusion reached in 2021 by a group of climate and economic researchers in Europe in the report “Revisiting Bitcoin’s carbon footprint.” This emission is comparable to the carbon footprint of an entire country like Greece, which emitted approximately 56.6 megatons of CO2 in 2019.

16.06 / 03:22

business Art NFT Artists Auction Sotheby’s auctions off Dmitri Cherniak’s ‘The Goose’ NFT from 3AC collection for $6.2M

Sotheby’s auction house has sold a piece of digital artwork from the collection of collapsed crypto hedge fund Three Arrows Capital (3AC) for more than $6 million.

16.06 / 02:09

NFT Artists Snoop Dogg NFT passport lets fans tour with the rapper in digital form

Rap icon and entrepreneur Calvin Cordozar Broadus Jr., more commonly known as Snoop Dogg, dives into Web3 once again with a nonfungible token (NFT) project that will allow his fans to follow his life on tour.

14.06 / 01:12

Blockchain NFT wallet Metaverse Footwear conglomerate Puma launches 3D Web3 experience

On June 13, German footwear conglomerate Puma launched its 3D metaverse experience, Black Station. As told by developers, Black Station is an “experiential home” for product drops built to provide “unbridled access” for Puma Pass nonfungible token (NFT) holders.

13.06 / 20:12

Blockchain Adoption NFT Web3 Gaming play-to-earn How tried-and-tested Web2 models could help Web3 games thrive

Play-to-earn games took the world by storm in 2021, and at their peak, some enthusiasts in South East Asia were able to supplement their incomes by getting involved.

13.06 / 19:47

UPS NFT Web3 Loyalty program Celebrities Guy Fieri and Sammy Hagar Launch NFT Loyalty Program via Their Tequila Brand

Celebrity chef Guy Fieri and Rock and Roll Hall of Famer Sammy Hagar are getting into non-fungible tokens through a new loyalty program launched by a tequila company they co-founded.

13.06 / 11:49

Blockchain NFT Board member Yat Siu answers community concerns on ApeCoin DAO salary payouts

Leaders of the decentralized autonomous organization (DAO) governing the ApeCoin (APE) ecosystem have been criticized by community members for what they described as “insane” salaries after the sums were published in an organizational chart.

12.06 / 20:15

cryptocurrency NFT cryptocurrency market Non-fungible tokens Metaverse Play To Earn Launchpad Low surges Penny Penny Crypto LPX Surges Toward $1 Million – Could This Be the Next 100x Low Cap Gem?

Cryptocurrency is the future of finance, and Launchpad XYZ is building the portal to this future. Its platform will provide educational tools, market insights, and access to promising web3 projects, from NFTs to the metaverse. Everything needed to navigate the crypto space will be in one place.

10.06 / 00:45

NFT Best crypto to buy today non-fungible token Play To Earn STX Stacks Render Token Immutable Immutable X Render Best Crypto to Buy Now 9 June – Immutable X, Render, Stacks

The cryptocurrency industry is in turmoil, with Coinbase and Binance experiencing a massive outflow of over $4 billion in recent days.

09.06 / 11:17

NFT SEC coinbase Kraken Bitcoin exits Support Nifty News: Kraken NFT exits beta, Coinbase’s ‘Stand with Crypto’ gains support and more

Crypto exchange Kraken has announced that its nonfungible token (NFT) marketplace has exited its beta phase. Along with the launch, the NFT platform highlighted it had expanded its number of NFT collections from 70 to over 250. According to Kraken, it will continue adding more collections to its marketplace.

08.06 / 19:53

Blockchain cryptocurrency NFT DEX Metaverse Crypto Exchange crypto experts Utility Crypto Experts Say This New Web3 Utility Coin is the Best Altcoin to Buy Now – How Does it Work?

Finance is a constantly evolving field, especially these days--with new technologies like cryptocurrencies, blockchain, and decentralization disrupting traditional ideas of value, investment, and ownership.

08.06 / 15:49

Blockchain Ethereum Adoption NFT wallet Social Media Polygon Subsocial chat program implements Ethereum usernames, Polygon donations

Grill.chat, a chat app based on the Subsocial network, has now implemented Ethereum Virtual Machine (EVM) wallet compatibility, allowing users to chat using their Ethereum identities and send crypto to each other via Polygon, according to a June 7 announcement.

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