The tally of cryptocurrency donations sent to Ukraine’s government and NGOs since the start of its armed conflict with Russia is nearing $10 million, including $1.86 million from one NFT (non-fungible token) collection, according to blockchain analytics firm Elliptic. That total is rising rapidly as donations pour in for what’s been dubbed the “world’s first … Read more
Bitcoin and cryptocurrency prices, teetering on the brink of collapse in recent days due to the escalating situation in Ukraine, have suddenly moved sharply lower following news of a serious attack on non-fungible token (NFT) platform OpenSea. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for … Read more
New York Stock Exchange (NYSE) has asked for permission to use NYSE as a trademark for its future expansion as a cryptocurrency exchange and a metaverse-backed NFT marketplace. The US has been witnessing political, administrative, and industrial support for the crypto sector even as laws on its regulation remain awaited. NYSE has applied with the … Read more
Customs officials have seized three non-fungible tokens (NFTS) in what is believed to be the first law enforcement action in the UK involving the digital asset.HM Revenue and Customs (HMRC) announced that three people had been arrested on suspicion of a £1.4m VAT repayment fraud involving 250 fake companies. The agency’s Nick Sharp said the … Read more
Jason Bailey: There wasn’t ever a scripted thing. In fact, it was almost like an anti-script, where Adam [Levine, the show’s producer] was like, “I want it to feel like a casual conversation.” And we knew that we had a target audience that we couldn’t get overly technical with, which is hard, because I think … Read more
Crypto is crashing, but the top 100 NFT collections have mostly sustained their value. Here’s why. | Fortune Source link
Reaction in the crypto community has been mixed to Twitter’s move to start allowing some users to use their non-fungible tokens, or NFTs, as their profile pictures on Thursday. Users of Twitter TWTR, -5.95%’s Blue Subscription service, which charges a monthly subscription fee of$2.99, can now connect their Twitter account with a cryptocurrency wallet, and … Read more
Bitcoin, ethereum and cryptocurrency prices are struggling after a terrible start to 2022 (even as the non-fungible token (NFT) craze rolls on). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains The bitcoin price has lost 40% from its value since its November peak … Read more
Autograph, an NFT agency co-founded by athlete Tom Brady with a particularly deep bench of star power, has banked new funding from crypto investors who hope the platform can bring a new generation of celebrities and their fans into the fold of crypto collectibles. The startup tells TechCrunch it has closed a $170 million Series … Read more
A television camera is seen in silhouette standing in front of “Autoglyph #177”, a non-fungible token (NFT), and “CryptoPunk #7523”, a series of 10,000 unique pixel-art characters made by Larva Labs in 2017, during a media preview for the “Natively Digital: A Curated NFT Sale” auction at Sotheby’s in New York City, U.S., June 4, … Read more
Aseem Gujar & Partha Sinha | TNN In March 2021, a 1961 oil painting by V S Gaitonde sold for over $5 million — making it the most expensive Indian art ever sold. In the same month, auction house Christie’s sold a digital work of art for the first time for $69 million. It not … Read more
The NFT market has ballooned to $44bn, Chainalysis data shows, and rules about taxing the tokens are not clear.It’s one of the hottest corners of crypto – and now the U.S. government wants its share of the profits. Investors and creators of nonfungible tokens – a market that has ballooned to $44 billion, Chainalysis data … Read more
A GameStop Inc. store is shown in Encinitas, California, U.S., May 24, 2017. REUTERS/Mike BlakeRegister now for FREE unlimited access to Reuters.comRegisterJan 7 (Reuters) – GameStop Corp’s (GME.N)stock rallied on Friday after a report that the videogame retailer plans to expand its non-fungible tokens (NFTs) marketplace and partner with crypto firms.The company’s shares soaredlast year … Read more
Topline Shares of GameStop skyrocketed in after-hours trading Thursday after a report laid out some of the company’s plans to build out a division to buy, sell and trade the buzzy digital collectibles known as non-fungible tokens, reversing recent losses for last year’s hit meme stock as the brick-and-mortar game seller doubles down on the … Read more
Text size Shares of GameStop jumped nearly 30% in after-hours trading Thursday. Justin Sullivan/Getty Images GameStop stock surged in after-hours trading Thursday as the company’s cryptocurrency and non-fungible token plans began to take shape. The videogame retailer is making a division for cryptocurrency partnerships, while building an NFT marketplace, according to a person familiar with … Read more
A GameStop Inc. store is shown in Encinitas, California, U.S., May 24, 2017. REUTERS/Mike Blake/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterJan 6 (Reuters) – GameStop Corp (GME.N) is launching a division to develop a marketplace for nonfungible tokens (NFTs) and establish cryptocurrency partnerships, a source familiar with the matter said on Thursday, boosting … Read more
Major cryptocurrencies are currently enduring price declines from already depressed levels. It’s a selloff, though likely not one large enough to shake the confidence of the crypto faithful. Still, the impact of falling crypto prices on assets priced in crypto should prove interesting. The NFT market, largely built on the Ethereum blockchain, has seen a … Read more
Key Takeaways Cobie has offered several Twitter users $10,000 to start using Ethereum after they criticized NFTs in a thread he wrote about using the technology in gaming. While one of the critics declined the offer, another accepted and bought an NFT on OpenSea. NFTs have sparked controversy in the gaming and arts sectors over … Read more
Back in March, Bridge Oracle CEO Sina Estavi bought a non-fungible token (NFT) of now-former Twitter CEO Jack Dorsey’s first tweet for $2.9 million. How much would you loan him with it as collateral? U.S.-based cryptocurrency exchange Kraken CEO Jesse Powell intends to find out. Like many other exchanges, including Changpeng “CZ” Zhao’s Binance, Brian … Read more
In a multi-year deal, crypto exchange FTX US has been chosen as the official crypto partner of Washington, DC-based Monumental Sports and Entertainment (MSE). The deal will allow sports enthusiasts to engage in crypto activities and purchase official non-fungible tokens (NFTs) related to their favourite sports. The teams supported in this deal are the Washington … Read more
The new crypto trading platform would leverage AI to scan all digital platforms including social media to analyse the sentiments of the crypto coins in real-time and filter the top trending pairs for the trader to trade, the company said. Despite regulatory uncertainty in the Indian crypto sector, new platforms continue to foray into the country to … Read more
In exchange for a cryptocurrency token, you can own a digital watercolour painting of Melania Trump’s eyes. The former first lady launched a venture this week selling NFTs, or non-fungible tokens, on her website in exchange for a Solan token, currently valued around $180 each. Melania Trump will release NFTs in regular intervals on her … Read more
New Delhi: Panther Quant announced a strategic partnership with Black Dog Venture Partners to launch an AI cryptocurrency trading and NFT platform. Scott Kelly, the CEO of Block Dog Venture Partners, will join the company as a strategic advisor and is a veteran in the industry. Black Dog Venture Partners propose venture capital consulting, corporate … Read more
Dec 9 (Reuters) – Crypto startup Palm NFT Studio said on Thursday it had raised $27 million in an early-stage funding round led by Microsoft Corp’s venture fund M12 with participation from venture firm Griffin Gaming Partners.Palm NFT, co-founded by Joseph Lubin, offers services for artists to establish NFT marketplaces. Lubin was also one of … Read more
Visitors look at an immersive art installation titled ‘Machine Hallucinations Space: Metaverse’ by Refik Anadol at the Digital Art Fair Asia in Hong Kong, Oct. 3, 2021.Lam Yik | Bloomberg | Getty ImagesMIAMI BEACH, Fla. – Even if NFTs are a flash in the pan, cryptocurrency investors are betting that the underlying blockchain technology is here … Read more
For several months, my stand on cryptocurrencies, assets and exchanges has been that a comprehensive regulatory framework be built around the Central Bank Digital Currency (CBDC). The government has been listening and accepting most of the suggestions. The challenge of framing regulations for an amorphous sector is that it will evolve and emerge in a … Read more
Vignesh Sundaresan, also known as MetaKovan, spent $69.3 million on a Beeple non-fungible token earlier this year, but he’s not very possessive about it.The beauty of an NFT is that everyone gets to enjoy it, the Indian cryptocurrency entrepreneur and investor said in an interview with Bloomberg News. In fact, he’d be happy if everyone … Read more
Song Chi-hyung, founder of Dunamu. FILIP PERAIC Two of the largest shareholders in Dunamu, the operator of South Korea’s dominant cryptocurrency exchange, are the first two people in the country from the crypto industry to become billionaires as the value of their startup skyrocketed 21-fold in less than a year. Last week, Hybe, the agency … Read more
$Gari, an indigenous cryptocurrency token, was launched in India on Saturday. The crypto token, launched by Chingari — a made-in-India short video app — is also launching its own NFT marketplace. $Gari will have Bollywood actor Salman Khan as its brand ambassador, who was also present at its launch event in Mumbai. The crypto token … Read more
Coinbase, one of the largest U.S. bitcoin and cryptocurrency exchanges and a major crypto on-ramp, has announced it’s launching a marketplace for non-fungible tokens (NFTs). Don’t miss: What (or who) is driving the crypto market in 2021 and beyond? Tune in to Forbes’ free Crypto Codex Live webcast on October 14 at 2:00pm EDT and get ahead of the market NFTs, … Read more