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

Hulu Targets ‘Streamers of Tomorrow’ as It Seeks Candidates With Metaverse, NFT Backgrounds

The streaming platform’s Jan. 14 job listing signaled an interest in crypto tech.

(Patrick T. Fallon/Bloomberg via Getty Images)

Markets

Market Wrap: Bitcoin Trading Volume Dips; Dogecoin Rallies

DOGE is up 20% over the past week, compared to a 3% rise in BTC.

Bitcoin trading volume (CoinDesk)

Finance

Crocs Is Chomping Into NFTs, Trademark Filings Show

The footwear brand staked its name claim on NFT shoes, bags and accessories in a Jan. 11 USPTO filing.

Crocs (Tim Graham/Getty Images)

Finance

Parler Launches ‘Trump Legacy’ NFT Collection

The move follows an announcement last month by former First Lady Melania Trump that she would be releasing her own NFT collection.

Former U.S. President Donald Trump speaks during a rally on July 24, 2021 in Phoenix, Arizona. (Brandon Bell/Getty Images)

Layer 2

Channel Wants Content Creators to ‘Squad Up’ via Web 3

Three crypto-oriented content creators are merging businesses for a self-funded “decentralized media organization.”

(Channel/CoinDesk)

Markets

OpenSea on Track for Record Month as NFT Sales Boom

Despite a bloody start to the year for bitcoin and ether, the volume of non-fungible tokens is reaching all-time highs.

(Getty Images)

Opinion

NFTs Are Finance as an Aesthetic Medium

The fusion of fractionalized art and DeFi opens up new opportunities for art and creative money-making.

(Rachel Sun/CoinDesk)

Finance

German Fintech Naga to Start Crypto-Focused Social Trading Platform

Nagax will consist of a crypto wallet, NFT and staking platforms, a spot exchange and a futures and derivatives exchange.

German flag (FHMFHM/Getty Images)

Markets

Solana Top Gainer Among Crypto Majors After BofA Endorsement, Rising NFT Activity

Prices of solana bumped as much as 8% in the past 24 hours.

Solana (Zack Seward/CoinDesk archives)

Tech

China-Backed BSN to Release Infrastructure This Month to Support NFTs: Report

The move by Blockchain Services Network is aimed at creating a Chinese NFT industry with no link to cryptocurrencies.

Beijing (Zhang Kayiv/Unsplash)