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NFT
De’Aaron Fox Shuts Down NFT Project After $1.5M in Sales
Another NFT fail. Sacramento Kings guard De’Aaron Fox botched an NFT project titled “SwipaTheFox” and left fans holding the $1.5 million bag. The website used to launch and mint the NFT is now offline.
Sotheby’s Withdraws Sale of 104 Cryptopunks
“The Hash” discusses a botched auction at Sotheby’s. A collection of 104 CryptoPunks expected to reach $30 million was withdrawn, due to a last-minute decision from the seller. The Sotheby’s lot “Punk It!” was sold to pseudonymous collector “0x650d” in July 2021, who tweeted “nvm, decided to hodl” earlier this week.
Crypto Losses Not Protected in China; India’s Bitcoin Premium
Chinese court reiterates stance that the law cannot cover crypto losses. Chinese tech giant Alibaba offers NFTs as blockchain game rewards. Indian investors hungry for bitcoin despite premium. These stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Deadmau5 on How NFTs Could Change Relationship Between Musicians, Artists and Fans
Legendary electronic musician deadmau5 sits down with “NFT All-Stars” hosts Marguerite deCourcelle, Artnome and BT to discuss the opportunities and obstacles of the crypto world, ownership and monetization potential for creatives, and the issues of centralization. Plus, how NFTs could “change the world” and define the future of the music industry.
OpenSea Says Phishing Attack Impacted 17 Users
On Sunday, a phishing attack on NFT marketplace OpenSea caused 17 users to lose digital assets with significant values. “The Hash” hosts discuss the subsequent lawsuits against OpenSea, raising questions over where responsibility lies in decentralized infrastructures.
Crypto Tax Nightmares: 5 Real-Life Scenarios You Need to Know
You mess around with crypto, make some money, you don't think about taxes, then the market drops. What happens now? Features writer Jeff Wilser explores five crypto tax nightmares, as part of CoinDesk Tax Week, that may just haunt your dreams and pocketbook.
Korea’s KB Embraces Crypto; China’s NFT Fever
South Korea’s KB Asset Management plans crypto funds. NFTs hit resale market in China despite criticism over speculation. OpenSea investigates $1.7M phishing scam. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Axie Infinity Breaks $4B; China’s Brewing Metaverse Frenzy
Axie Infinity NFT sales first to pass $4 billion mark. Chinese companies file over 16,000 metaverse trademark applications. Solana joins crypto market slide. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Snoop Dogg Plans to Turn Death Row Records to ‘the First Major Label in the Metaverse’
Hip-hop icon and NFT collector Snoop Dogg could be turning Death Row Records into a non-fungible token label. The artist acquired ownership of the label days before his Super Bowl half-time show.