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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.
Insider Trading at OpenSea?
Leading non-fungible token (NFT) marketplace OpenSea said Wednesday it uncovered evidence of insider trading by one of its employees. Nate Chastain, OpenSea’s head of product, is at the center of the scandal which emerged on Twitter Tuesday night, with major investor Andreessen Horowitz (a16z) also investigating the case.
Damien Hirst’s ‘The Currency’ Is Just Like Money, but Is It Good Art?
The 1990s enfant terrible’s crypto project is not the reimagination of NFTs he claims it to be.
Solana Labs CEO Anatoly Yakovenko on SOL Dominance in Altcoin Markets
As the Solana blockchain continues to make waves in the crypto markets, Solana Labs CEO Anatoly Yakovenko discusses the drivers behind Solana’s emerging dominance in the blockchain space, digging into the potential weaknesses of Ethereum. Plus, insights into Solana’s use cases including NFTs and the outlook for its native token SOL.
FTX Hit by Hack Rumor, Korea Updates Crypto Death Note
FTX, Animoca Brands and Litecoin hit by fake news and scams. Korea issues updated crypto exchange death note. China NFT backlash grows. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Immutable Raises $60M in Funding to Boost NFT Trading
The Ethereum Layer-2 protocol says it has created the underlying infrastructure for any business to build a game, marketplace or NFT application.
MetaDrop Taps Investor ‘Loomdart’ to Stand Out From NFT Pack
With new NFT platforms launching every week, MetaDrop is hoping to distinguish itself with an influencer collaboration and some unique distribution methods.
Kevin O’Leary: US Regulators Unlikely to Approve Bitcoin ETF; Excited About NFTs, DeFi
“Shark Tank” star, entrepreneur, and O’Shares chairman Kevin O’Leary joins “All About Bitcoin” live from the 2021 SALT Conference in New York to discuss why he’s “more excited about NFTs than anything else.”
Deadmau5 on COVID’s Potential Impact on Musicians, NFTs
Some struggling musicians are turning to non-fungible tokens (NFTs) to seek alternative sources of revenue since the COVID pandemic hit early last year. Legendary electronic music producer deadmau5 discusses how he has been impacted by the pandemic and why he continues to engage with crypto and embrace NFTs. “It’s like replacing money,” he said.