NFTS Financial News

Guernsey Post, the postal service for the island of Guernsey, Channel Islands, is set to launch its first collection of crypto stamps.

NFT marketplace Magic Eden, a prominent player in the Web3 space, and D3 Global have announced they have joined forces to apply for and secure the .magic domain name.

The presumptive GOP nominee Donald Trump is planning to launch fourth round of non-fungible token (NFT) collections, after “very successful” previous ones.

Swarm, the Berlin-based RWA platform founded by innovator Timo Lehes, is revolutionizing the non-fungible token (NFT) space with its brand-new gold-backed product ahead of the European Union’s new MiCA regulation.

Well-known non-fungible token (NFT) collector Pranksy has voiced optimism about the future of NFTs, countering a growing narrative of their decline.

Ryan Selkis, a cryptocurrency executive, was eating dinner at Mar-a-Lago last month when he got an unexpected invitation: Former President Donald Trump wanted him to come to the stage and say a few words. Selkis, who runs the crypto data firm Messari, was among a couple of hundred attendees at an event celebrating Trump's series of nonfungible tokens, the digital collectibles known as NFTs. When he reached the lectern, Selkis turned to face the former president.

English artist Damien Hirst is under increased scrutiny this week following claims he backdated more than 1,000 pieces of art from his NFT project “The Currency,” The Guardian reported Wednesday.

Yuga Labs, the company behind of the iconic and influential NFT collection CryptoPunks, has faced significant backlash and controversy over its latest venture.

Bitcoin registering a red candle after seven consecutive greens. Bitcoin, buoyed by its halving and ETF narrative, continues to be a key growth vehicle with a 50% gain in 2024 even as macro and geopolitical issues have a short-term impact on the asset class. The current consolidation phase will likely provide the strong base needed to push for the next leg up. Key altcoins (Ethereum, Solana, and BNB) are still 20-40% off their 2021 highs — once they are breached, price discovery will likely kickstart an euphoria phase by the end of this year.

Republican presidential frontrunner Donald Trump is scheduled to dine with purchasers of his Trump “Mugshot Edition” NFTs Wednesday at his Mar-a-Lago estate in a break from his highly publicized hush money trial over claims made by adult film star Stormy Daniels. According to a copy of a dinner invitation reviewed by Axios , the presumptive Republican nominee will host supporters who bought a minimum of 47 Trump NFTs (each worth $99 in value).

Galactic Group to launch AAA Web3 game publisher in the United Arab Emirates (UAE) with the backing of world-class talent from Hollywood and the gaming industry.

Iconic Paris fashion house Maison Margiela has expanded its Web3 fashion offerings with the launch of its new NFT MetaTABI collection, as announced Wednesday.

Payments giant PayPal plans to remove non-fungible token (NFT) purchases from its purchase protection program from May 20.

The Bored Ape NFT prices plummeted 90%, from an all-time peak of 120 ETH to 10 ETH currently. 

LootRush, a blockchain start-up backed by venture capital firms Paradigm and Andreessen Horowitz (a16z) is announcing a new gaming subscription which allows its users to access non-fungible tokens (NFTs) from over 500 games on its platform from today.

Mason Rothschild, the artist behind the controversial MetaBirkins NFT, has been banned from showcasing the pieces at a museum exhibition for Stockholm-based Spritmuseum after Hermès won a trademark lawsuit against them, court documents from March 13 revealed.

In a new wave of crypto drama, Remilia’s founder has ostensibly fallen victim to a hacking incident involving the unauthorized transfer of substantial amounts of Ether and non-fungible tokens (NFTs).

Starbucks, the renowned multinational coffee chain, has made the decision to terminate its  NFT  rewards program.

Solana (SOL) has emerged as a standout performer, with its price doing a 10X surge. This surge in price, particularly in the aftermath of the FTX collapse, has been remarkable. This is a story of Solana's resilience but also highlights how it survived a particularly bleak crypto winter. Let's do a deep dive into the factors driving Solana's ascent and speculate on its future. Founded in 2017 by former Qualcomm engineer Anatoli Yakovenko, Solana's original vision was to challenge centralized financial systems. Developed by Solana Labs and overseen by the Swiss-based Solana Foundation, its mission is to serve as a decentralized counterpart to traditional stock exchanges. Over time, this vision has expanded to cover decentralized finance (DeFi), non-fungible tokens (NFTs), and crypto payments. Solana's mainnet went live in March 2020, leveraging a proof-of-stake mechanism complemented by a unique proof-of-history (PoH) technology. This combination enables Solana to process transactions at a theoretical peak of 710,000 transactions per second, a feat of engineering that positions it as one of the fastest blockchains in existence. Despite its decentralization, with nearly 2,000 validators, concerns have been raised about the centralization of transaction processing and storage.

Bitcoin (BTC) non-fungible token (NFT) sales have outshined Ethereum (ETH)  in the past seven days, driven by a sudden surge in Bitcoin Ordinals-based NFT collections. 

The Musée d’Orsay, a renowned museum in Paris, is venturing into the world of blockchain and digital art with its first-ever commission of an on-chain NFT exhibition.