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

Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business

The “Argo Labs” unit will be funded internally and focus on blockchain-related, non-mining projects.

(Yuichiro Chino via Getty Images)

Finance

Damien Hirst Launches Chainlink Price Index for NFT Project

Hirst’s NFT collection, “The Currency,” gets its own dedicated price index.

Damien Hirst with some of the works in his "The Currency" collection.

Finance

NFT Marketplace OpenSea Acquires DeFi Wallet Firm Dharma Labs

Dharma co-founder Nadav Hollander will serve as OpenSea's chief technology officer.

Dharma Labs team

Learn

NFT Scams: How to Avoid Falling Victim

With crypto-based scams becoming increasingly more sophisticated, it's easier than ever to fall for them. Here's how to keep your NFTs safe.

(Getty Images)

Finance

Animoca Brands Valuation More Than Doubles to $5.5B in Three Months

The investor in non-fungible token (NFT) and metaverse projects raised almost $360 million in its latest funding round.

The Animoca Brands team in Hong Kong (Animoca)

Opinion

What You Own When You Own an NFT

Following an all-out bash of SpiceDAO's plans to make a version of "Dune" "public," it's worth reflecting on copyright in crypto.

(Umberto/Unsplash)

Finance

Mechanism Capital Launches $100M ‘Play-to-Earn’ Gaming Fund

The firm is tapping former Apple App Store manager Steve Cho to help lead the fund.

(Getty Images)

Finance

Animoca Brands Leads $8M Fundraising Round for NFT Platform Built on Solana

The funding will go toward expanding Burnt Finance’s headcount and tapping new partnerships with artists and other Solana-based projects.

(Gift Habeshaw/Unsplash, modified by CoinDesk)

Markets

Land Prices Surge on Cardano Metaverse Project Pavia

Over 60% of 100,000 virtual land plots have sold on Pavia, with the remaining set to go under the hammer later this quarter.

Plots of land from the Pavia metaverse listed on an NFT marketplace. (CNFT)

Finance

Walmart Preparing a Metaverse Push, Trademark Filings Show

The retail giant may also be planning to create its own cryptocurrency and NFTs.

The Walmart in Warminster, Pa. (Kevin Reynolds/CoinDesk)