Non-fungible tokens Financial News

14.02 / 13:41

NFT defi Non-fungible tokens Compound Rare ‘Alien’ CryptoPunk NFT Sells for USD 23M Worth of Ethereum

An avid non-fungible token (NFT) collector and ethereum (ETH) holder has made history by spending a whopping USD 23 million worth of ETH on a CryptoPunk token – the highest fee ever forked out for an item in the so-called “OG” collection.

10.02 / 12:57

Adoption NFT Non-fungible tokens Metaverse McDonald’s Metaverse Moves: 11 Trademark Applications for 'Virtual Restaurant' & Virtual Goods

American fast-food behemoth McDonald’s is the latest major brand to make a move into the metaverse by filing no fewer than twelve trademark applications on February 4, eleven of which make direct references to virtual restaurants, cafes, concerts, and other virtual services, goods, and events.

10.02 / 12:01

Art NFT Non-fungible tokens DAO AssangeDAO Wins the Bid for Pak's Clock NFT for USD 53M

AssangeDAO, a decentralized autonomous organization (DAO) consisting of "cypherpunks" fighting for the liberation of incarcerated WikiLeaks founder Julian Assange, has won the bid for the Clock NFT, which was created by digital artist Pak in collaboration with Assange.

10.02 / 00:51

NFT Trading Non-fungible tokens NFTWorld: Own A Piece of the World Map

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

10.02 / 00:19

NFT MARKET Investing Non-fungible tokens NFT Prices ‘Relatively Independent’ of Broader Crypto Market

The market for non-fungible tokens (NFTs) – although still in its infancy – appears to be “a relatively independent market” that does not necessarily move with the broader crypto market, according to crypto analysis firm Coin Metrics.

08.02 / 11:48

Adoption NFT Non-fungible tokens Samsung Time People ‘Will Spend 1 Hour a Day in Metaverse in Four Years’ Time, Predicts Gartner

The research firm Gartner has forecasted that a quarter of all people will be spending “at least” an hour a day in the metaverse by 2026.

04.02 / 16:06

NFTS Non-fungible tokens Legal Nike Asks NY Court to Block Reseller StockX from Selling NFTs of its Shoes

Nike has filed a civil case in the United States against the Detroit-based online fashion resale platform StockX, claiming that the latter uses unauthorized images of its footwear in non-fungible token (NFT) offerings.

04.02 / 13:45

NFT Gaming Non-fungible tokens Animoca Brands’ Offshoot nWay Launches Official Multiplayer Party Game of Beijing 2022 Olympics

nWay, a subsidiary of major non-fungible token (NFT)-focused company Animoca Brands, has launched Olympic Games Jam: Beijing 2022, the official licensed play-to-earn multiplayer party game of the Olympic Winter Games that opened today.

03.02 / 18:55

NFT Gaming Non-fungible tokens GameStop Immutable GME Immutable and GameStop to Launch an NFT Marketplace, $100M fund; IMX & GME Rise

Australia-based Immutable has announced that its layer 2 (L2) scaling protocol for Ethereum (ETH) and non-fungible tokens (NFTs), Immutable X, has partnered with the US-based videogame retailer GameStop (GME) to launch an NFT marketplace.

01.02 / 19:17

NFT Entertainment Non-fungible tokens Kanye West Won’t Do NFTs, For Now At Least

Rap superstar Ye, who changed his legal name from Kanye West last October, is not planning to roll out a non-fungible token (NFT) -- at least not for now. However, he could change his mind later, according to the artist’s recent Instagram post.

01.02 / 18:51

Art NFT Non-fungible tokens DAO Digital Artist Pak to Release the 'Censored' NFT Collection with WikiLeaks Founder

Famed digital artist Pak, also known as Murat Pak, aims to collaborate with WikiLeaks founder Julian Assange to release a new non-fungible token (NFT) collection dubbed 'Censored'.

31.01 / 14:35

NFT defi Trading Non-fungible tokens Removing LooksRare's USD 8.3B in Wash-Trades, OpenSea is Still the Dominant NFT Marketplace

Non-fungible tokens (NFTs) data aggregator CryptoSlam has identified more than USD 8.3bn worth of wash trading on LooksRare, a new NFT marketplace. Subtracting this volume, it turns out that major NFT marketplace OpenSea is still the dominant player in the field.

28.01 / 04:41

Ethereum NFT Non-fungible tokens Vitalik Buterin Discusses 'Large & Underexplored Design Space' of Non-Transferable NFTs

Ethereum (ETH) co-founder Vitalik Buterin has discussed the benefits of non-transferable non-fungible tokens (NFTs) — tokens that can’t be sold or separated from their owners — saying that there are certain use cases for such tokens.

25.01 / 17:16

Blockchain NFT security Non-fungible tokens BUG OpenSea Denies Hack and Bug Allegations, Claims Issue is Related to UI

Major non-fungible token (NFT) platform OpenSea has denied hack allegations, saying that yesterday's issue was related to user interface (UI) design.

20.01 / 19:10

Facebook NFT Non-fungible tokens Instagram NFTs Might Reach Facebook & Instagram as Meta Mulls NFT Marketplace - Report

Facebook and Instagram-owner Meta is reportedly working on its own plans for allowing users to create, trade, and display non-fungible tokens (NFTs) from their social media platforms.

17.01 / 14:31

NFT Gaming Non-fungible tokens Metaverse NOT NFTs and Games Are Not Correlated to Crypto - Research

A drop in prices of digital assets does not necessarily affect the performance of non-fungible tokens (NFTs) as they continue to soar despite crypto slumps, according to distributed app (dapp) store DappRadar.

13.01 / 18:15

NFT defi Non-fungible tokens LooksRare Outperforms OpenSea NFT Volume with 20x Fewer Users

LooksRare, a novel non-fungible token (NFT) marketplace, has exceeded USD 931.33m in trading volume since its official launch on January 10. During the same span of time, the major NFT marketplace OpenSea has recorded a volume of USD 219.2m, according to Dune Analytics data.

11.01 / 19:13

Ethereum NFT Polygon Non-fungible tokens Unstoppable Domains’ New Feature Allows Ethereum, Polygon Login With NFT Domains

Unstoppable Domains, a US-based company that's building blockchain domain names, launched ‘Login with Unstoppable,’ describing it as the first functional non-fungible token (NFT) single sign-on service for Ethereum (ETH) and Polygon (MATIC) – with more than 50 companies supporting it at launch.

05.01 / 08:21

NFT Non-fungible tokens Investment valuation OpenSea Boosts Valuation 9X as This NFT Giant Sets Four Strategic Goals

The biggest non-fungible token (NFT) marketplace, OpenSea, increased its valuation almost ninefold in six months as it raised USD 300m to fund four of its expansion goals.

04.01 / 21:29

Digital NFT Platform Non-fungible tokens OpenSea Sees Massive Volume, Collections Gain Popularity as NFTs Boom in 2022

After a record-breaking year in 2021, the market for non-fungible tokens (NFTs) is still not showing any signs of slowing, with NFT marketplace OpenSea seeing one of its best days on record on Monday, and sales of the popular Bored Ape Yacht Club collection crossing the USD 1bn mark.

03.01 / 19:01

Forecast Adoption NFT Non-fungible tokens NFTs in 2022: From Word of the Year to Mainstream Adoption & New Use Cases

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