Non-fungible tokens Financial News

03.01 / 13:03

Adoption NFT Non-fungible tokens Samsung Samsung Reveals TVs That Will Let Owners Trade NFTs

The South Korean electronics giant Samsung has announced that its Consumer Electronics Show (CES) offerings for 2022 will include a range of TVs fitted with an app that lets users browse, buy and sell non-fungible tokens (NFTs).

28.12 / 13:55

NFT Entertainment Non-fungible tokens DAO DAO Forms to 'Liberate Blockbuster' and Build Decentralized Streaming Service

A new decentralized autonomous organization (DAO) dubbed BlockbusterDAO has been formed to raise USD 5m and acquire the defunct movie rental business Blockbuster.

27.12 / 12:17

NFT MARKET Non-fungible tokens DAO 500 OpenDAO's SOS Token Falls Over 20% After Its Initial Near-500% Leap

Decentralized autonomous organization (DAO) OpenDAO launched on Christmas Eve with an airdrop targeting users of the major non-fungible token (NFT) marketplace OpenSea - and a massive rise of the DAO's token was followed by a correction.

24.12 / 14:18

NFT Non-fungible tokens Kraken Custody Kraken Set To Let Users Borrow Funds Against Their NFTs

US crypto exchange Kraken is working on a new functionality which would enable its users to borrow funds against their non-fungible tokens (NFTs), according to the company's CEO, Jesse Powell.

23.12 / 13:13

Adoption NFT Non-fungible tokens Metaverse expansion Exec Wants Meta to Look to NFT, DAO and Blockchain Expansion Next Year – Report

The man who will become Meta’s chief technology officer in 2022 reportedly wants the firm (formerly known as Facebook) to “target a deep compatibility with the blockchain” – and has talked up the possibility of exploring decentralized autonomous organizations (DAOs) and non-fungible token (NFT)-related business avenues.

23.12 / 12:44

NFT Hack Investing Non-fungible tokens Solana-Based Hacked Monkey Kingdom Has a Phishing Lesson for NFT Buyers

Solana (SOL)-based non-fungible token (NFT) project Monkey Kingdom had its official Discord server hacked on Tuesday during a presale, allowing a cyber thief to run away with nearly USD 1.3m worth of digital assets. The incident is another stark reminder to be extra careful and not to fall into phishing traps.

22.12 / 22:33

NFT Non-fungible tokens MetaMask Support MetaMask to Add Support for NFTs

MetaMask, a popular cryptocurrency wallet designed in the form of a browser extension, has unveiled its yet-to-be-launched in-app non-fungible token (NFT) extension.

22.12 / 15:19

Blockchain NFT Non-fungible tokens Chinese Communist Party's Mouthpiece Endorses NFTs in a Surprise Move

Xinhua, the news agency of the Chinese Communist Party (CCP), has announced that it will release a set of non-fungible tokens (NFT) later this week as part of a “metaverse” move.

21.12 / 17:45

Adoption NFT Non-fungible tokens Meta Instagram Mulls Integrating NFTs In Its Platform

In a bid to make non-fungible tokens (NFTs) more accessible to a broader user base, photo and video sharing social networking service Instagram is exploring ways to integrate such assets within its social media platform, according to senior company representatives.

20.12 / 22:09

Ethereum NFT Sport Non-fungible tokens Investor Purchases 330 Adidas NFTs Using Smart Contract - 328 More Than the Cap

Sportswear giant Adidas dropped its non-fungible token (NFT) collection “Into the Metaverse” with 30,000 pieces on Friday - and while the sale was capped at a maximum of two items per person, one user managed to hoover up 330 pieces using a smart contract.

20.12 / 16:21

NFT Non-fungible tokens Investment Breaking All Records: VC Funds Injected USD 30B In Crypto This Year

Venture capital (VC) funds invested some USD 30bn into crypto this year, exceeding almost fourfold the amount recorded in the previous record year of 2018, and injecting more funds into the industry than in all the previous years combined, according to data from financial data and software company PitchBook.

16.12 / 19:11

NFT Entertainment Non-fungible tokens park NFTs Cause Carnage in the Latest South Park Special

Non-fungible tokens (NFTs) have proven to be a disruptive force in the world of art, but in the latest special episode of the US animated series South Park, investing in such assets brings actual death and destruction.

15.12 / 03:07

cryptocurrency NFT defi Non-fungible tokens Even This Hydraulics Firm Takes Crypto, DeFi, NFT & Metaverse Plunge

The Korean Stock Exchange-listed South Korean hydraulics firm Sewon E&C is in the final stages of sealing a deal with a major decentralized finance (DeFi) player over proposed crypto, non-fungible token (NFT), and metaverse collaboration.

14.12 / 12:30

Adoption NFT Sport Non-fungible tokens Collectibles 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.

14.12 / 07:51

Art NFT Non-fungible tokens 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.

06.12 / 19:03

NFT Non-fungible tokens Chainalysis Only 1 in 4 NFTs Bought During Minting Result in Profit - Chainalysis

Data acquired from the major non-fungible token (NFT) marketplace OpenSea reveals that merely 28.5% of NFTs purchased during minting lead to a profit. On the other hand, more than 65% of NFTs bought from other users on the secondary markets result in profit.

03.12 / 13:34

Ethereum Art NFT Non-fungible tokens USD 1.2M Bid Placed on NFT Piece by Silk Road Founder Ross Ulbricht

A piece from the non-fungible token (NFT) collection by the Silk Road darknet market founder Ross Ulbricht has already fetched a bid of nearly USD 1.2m with days more to go.

02.12 / 14:27

Facebook Adoption NFT Non-fungible tokens Weekly Metaverse Spurs USD 100M In Weekly Land Plot NFT Sales

The demand for digital land in Meta (formerly Facebook)’s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRadar. The four leading virtual worlds, The Sandbox, Decentraland, CryptoVoxels, and Somnium Space, are reporting robust land sales.

01.12 / 16:25

NFT Non-fungible tokens Legal Silk Road’s Founder Ross Ulbricht To Launch NFT Auction

The infamous Silk Road darknet market founder Ross Ulbricht is set to launch his non-fungible token (NFT) auction as he enters his ninth year of serving life without parole in a US federal prison.

25.11 / 15:36

NFT MARKET Gaming Non-fungible tokens Gaming Token Gala Jumps Amid Increased Gaming Sector Bullishness

GALA, a crypto token issued by blockchain gaming firm Gala Games, is continuing to soar higher in price amid increased bullishness across the entire crypto gaming and metaverse sector.

19.11 / 17:05

Ethereum Adoption NFT Non-fungible tokens Aussie Programmer Creates 'Educational' Pirate Bay For JPEG Versions of NFTs

Amid a rapidly rising interest in non-fungible tokens (NFTs) across the world, Australian software developer Geoffrey Huntley has uploaded nearly 18 terabytes of digital artwork copies to a server, creating a new torrent site where anyone can download them - as a 'lesson' on NFTs.

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