NFTs

Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.


Finance

UK Tax Regulator Seizes NFTs for First Time as Part of Fraud Investigation

Three people have been arrested for allegedly attempting to defraud HMRC of $1.8 million.

HMRC

Opinion

Soccer Fans Need Better Than NFTs

While ticket prices go up and up, Europe's soccer clubs peddle the questionable notion of interaction through fan tokens.

(Tim Bechervaise/Unsplash)

Finance

OpenSea Expands Into the Venture Capital Business

OpenSea Ventures will be led by OpenSea co-founder Alex Atallah.

(OpenSea/BeFunky, modified by CoinDesk)

Videos

KPMG Canada Exec on Adding Crypto to Its Balance Sheet: ‘We Believe in This Sector’

The Canadian branch of accounting giant KPMG has acquired bitcoin and ether on its balance sheet. KPMG Canada’s Kareem Sadek shares his insights into the firm making its first allocation of crypto assets to its corporate treasury.

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Finance

YouTuber Logan Paul Files Trademarks for NFT Marketplace, DAO Ventures

The social media star and undefeated professional boxer is no stranger to the NFT sector.

CLEVELAND, OHIO - AUGUST 28: Logan Paul, brother of Jake Paul, looks on during the weigh in event at the State Theater for the August 29 fight between Jake Paul and Tyron Woodley on August 28, 2021 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)

Markets

FlamingoDAO’s NFT Portfolio Is Now Worth $1B

The exclusive DAO’s membership buy-in has increased over 350-fold to 3,000 ETH, or a hefty $8 million.

FlamingoDAO is a decentralized autonomous organization investing in NFTs. (Jonathan Ross/Getty Images)

Learn

Rarible NFT Marketplace: How to Get Started

Here's a guide to the marketplace used by Floyd Mayweather Jr. and Lindsay Lohan to create NFTs.

(Getty Images)