Why would anyone spend that much for a virtual shoe? Bryson Honjo, 31, a sneakerhead from Hawaii, paid about $15,000 for his NFT of a Nike Dunk Genesis Cryptokick.UntiedHawaii The market for collectible sneakers has skyrocketed in recent years. And until recently, so had the market for...
Photo by Justin Sullivan/Getty ImagesnoneGameStop has launcheda beta for its very own Ethereum wallet that will let users store, send, and receive both cryptocurrency and non-fungible tokens (NFTs) through their web browsers. The wallet is currently available as an extension for Google Chrome...
With little regulation, some influencers are stepping in to call out their peers. When Floyd Mayweather started touting an obscure NFT project on Twitter this year, Tyler jumped at the investment opportunity. Mayweather, a boxing legend, had already served as Tylerâs âbiggest inspirationâ...
Autograph, the Web3 brand co-founded by Tom Brady, along with INDYCAR, Indianapolis Motor Speedway and Team Penske today announced the launch of their first exclusive NFT collection in celebration of the 106th Indianapolis 500 presented by Gainbridge on Sunday, May 29 on NBC. The unique NFT...
BluChip NFT is a subsidiary of Art Coin Int. and they are introducing an innovative platform that will allow buyers to purchase non-fungible tokens also known as NFTs that are tetheredtoan original fine art painting or sculpture. On May 23rd, 2022, BluChip will host the first virtual NFT...
Update 2 [Thu 19th May, 2022: 17:00BST: The project has now been formally unveiled, with an introductory video by Keiji Inafune and an official website. Sadly it has no update on the 3DS version of Mighty No. 9. Update [Wed 18th May, 2022 03:45 BST]:It seems the same countdown webpage on...
The DAO is led by Nadya Tolokonnikova of the Russian art collective Pussy Riot and involves Beeple, Grimes and Gary Vaynerchuk. The UnicornDAO panel at SXSW 2022. Left to right: Olive Allen, Charli Cohen, LatashĂĄ, Diana Sinclair, Maliha Abidi, Heather Russell, Nadya Tolokonnikova and Rebecca...
The Solana-based marketplace has seen far more transactions than its Ethereum counterpart in the last 24 hours. Magic Eden's booth at the Solana Hacker House in Miami, April 2022. (Danny Nelson/CoinDesk) The Solana non-fungible token (NFT) market is beginning to find its stride, with daily...
From Blockchain to Web 3.0 and DAOs, there are a lot of new buzzwords out there â and plenty of skepticism â but supporters say these new technologies can make filmmaking more accessible, transparent and efficient: âWe are just scratching the surface.â Scott Roxborough Kevin Smith,...
Learn what a non-fungible token is in "NFTs: Enter the Metaverse" You've got questions. We've got answers. So, what exactly is an NFT?"'NFT' stands for non-fungible token," explainsGary Vaynerchuck,an entrepreneur and CEO otherwise known in the NFT community and by his fans asGary Vee. "When...
A person stands in front of artist Takashi Murakami's NFT project called Murakami Flowers. (CNN)It seems that every few days, a new star announces their foray into the world of non-fungible tokens, cryptocurrency or some other inscrutable corner of themetaverse-- the general term for a...
The major music label behind Taylor Swift, U2, Kendrick Lamar, and BTS will let artists drop NFTs on the new Web3 version of LimeWire. Kendrick Lamar and Taylor Swift are signed to Universal Music Group labels. Image: Shutterstock Digital music sharing services are coming back⊠inWeb3form....
Artist Kristen Visbal has been locked in a legal battle over the rights to the work. Kristen Visbal with her pieceFearless Girlat Federation Square in Melbourne, Victoria. Photo by Mark Stewart/Newspix.Since 2019, Kristen Visbal, the artist behind theFearless Girlstatue that famouslyfaced off...
A lawsuit involving a lien over anon-fungible token (NFT)being wrangled out in Singapore could have global implications when it comes to determining the oversight legal institutions have over digital assets, experts say.
'What the internet did for communication, blockchains do for value', says company that gives you $3 for an Xbox game This image is about the only thing you can find on the marketplaceâs website, other than a button to connect your crypto wallet Screenshot:GameStop The NFT market, and...
Setting a new standard to support users in the NFT space SINGAPORE,May 18, 2022/PRNewswire/ --MonsterX, a non-fungible token (NFT) commerce platform, announces its upcoming launch on the Solana network inAugust 2022. Targeted at investors of physical assets and commodities, the platform is...
Not all the experts are rushing to call the development âgroundbreaking,â but it will certainly help the industry combat fraud. Not all the experts are rushing to call the development âgroundbreaking,â but it will certainly help the industry combat fraud. At the beginning of May, the...
Financial details for the blockchain development platformâs first acquisition were not disclosed. Blockchain development platform QuickNodehas announcedits first acquisition with the purchase oficy.tools, a non-fungible token (NFT) analytics platform. Acquisition terms werenât...
The pop singer spent the last year working with the digital artist on a video series about motherhood. Proceeds will benefit three nonprofits. A still from Madonna and Beepleâs NFT artwork âMother of Creationâ (2022), part of a video triptych they created.Madonna and Beeple Has...
The social media powerhouse wonât charge users for showcasing their crypto art. Street Art in Williamsburg, Brooklyn by Masnah.eth NFTs from some of the most popular blockchain networks for crypto art are coming to Instagram with the announcement of a pilot as soon as Monday. The social...
Bing Guan/Bloomberg To understand the latest incarnation of the colossal crypto grifts that continue to engulf the internet, I suppose we should start withall those bored apes, because how could we not? I donât mean real apes â little of whatâs in this column is about stuff you could...
The virtual exhibition will allow users to immersively enjoy the vast art collection of the world's smallest independent sovereign state. NFT's are everywhere: virtual music groups,Ukraine war timelines, music festivals, the fashion industry, and also in theVatican. In an effort to democratize...
Ryan Vaswani is an analyst on PitchBook's Emerging Technology research team. His recentblockchain reportis available to PitchBook clients, and non-clients can download apreview of the report. The market exuberance that powered the NFT boom has given way to more cynical conditions, forcing the...
Almost a million accounts actively bought or sold NFTs at the start of the year, but the number has since declined to 491,000, blockhain analytics company Chainalysis found. The number of accounts trading NFTs has dipped sharply in recent months, new research has found, indicating that the...
The Bored Ape NFT collection has garnered a cult-like following since its inception in April 2021. Jakub Porzycki | Nurphoto | Getty Images Elon Muskon Wednesday changed his profile picture onTwitterto an image featuring various avatars from the Bored Ape non-fungible token collection,...
StarbucksnoneStarbucks CEO Howard Schultz, along with executive vice president and chief marketing officer Brady Brewer,explained to investors during their Q2 2022 earnings presentationthat the coffee company will add ânew concepts such as ownership and community-based membership models that...
The EU bill would also tackle decentralized finance and bitcoin's energy use. European Union flag (HĂ„kan Dahlström/Getty) New European Union rules could force issuers of non-fungible tokens (NFTs) to centralize and register in a move that insiders warn could âsignificantly broadenâ...
The founder of NFT Now on distinguishing between hits and rugpulls. Medved is a speaker at CoinDesk's Consensus festival in June. Keeping a finger on the pulse of the fast-moving non-fungible token world isnât an easy feat. But Matt Medved took on that challenge last year and foundedNFT Now,...
It wasnât immediately clear how the bot traffic overcame network safeguards. Solana stakeholders rushed to right the network Saturday night after what one insider called âinsane amount of dataâ flooded theproof-of-stakechain, knocking validators out of consensus and grinding block...
Snoop Doggsaid he was bringing his music to the metaverse. He wasn't lying. On 4/20, the rapper, songwriter and entrepreneur droppedDeath Row Session: Vol. 2as a non-fungible token, or NFT, on platform Sound.xyz. All 1,000 copies quickly sold out for a total of 100 Ether, or just over $300,000,...
The new frontier of childrenâs entertainment is internet-native cartoon characters selling nonfungible tokens on social-media apps for tots. Saehan Parc When Olympia Ohanian â the daughter of the tennis player Serena Williams and the internet entrepreneur Alexis Ohanian â was an...
The Ethereum Name Services has generated $1.3 million in sales over the last 24 hours, as .eth domain sales surge 2,300%. Source: Ethereum Name Service In the past week,Ethereumdomain name sales on OpenSea are up nearly2,300%, as users rush to buy highly coveted, and scarce, three and...
Latest mass theft of digital art assets is carried out by phishing post on Instagram Bored Ape Yacht Club NFT artworks for sale online.Photograph: OpenSeaYuga Labs, the multibillion-dollar collective behind the infamous Bored Ape Yacht Club non-fungible tokens, has been targeted by another...
0x co-founders Will Warren and Amir Bandeali 0xSan Francisco-based decentralized exchange infrastructure provider 0x Labs has closed a $70 million Series B financing round led by Greylock Partners at an undisclosed valuation. Revealed exclusively toForbes, the round also included investors such...
The exchangeâs long-awaited NFT platform saw 73 ETH in trade volume in its first week after a small portion of its three million-person waitlist was granted access. (Benjamin Girette/Bloomberg via Getty Images) Crypto exchange Coinbase (COIN)finally launchedthe beta of its non-fungible token...
The tokens surged and sank as new features in the Bored Ape Yacht Club ecosystem went live. Futures tracking ApeCoinâs APE tokens lost about $36 million in liquidations during a volatile 24 hours,data show. Liquidations in the crypto market occur when a trader has insufficient funds...