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.


Tech

Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge

The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT projects, such censorship could run counter to Bitcoin's open-source characteristics, CoinDesk's chief content officer Michael Casey argues.

(CSA Images/GettyImages)

Web3

Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down

Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."

(Rachel Sun/CoinDesk)

Web3

Musk’s Milady Meme, Opening Up Ordinals

Miladys NFTs saw a brief pump after Elon Musk tweeted about them and Binance is making it easier for people to buy Bitcoin NFTs.

Milady NFT (Screenshot via Twitter, modified by CoinDesk)

Tech

Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s

Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.

Debate has ensued over the proliferation of BRC-20 tokens on the Bitcoin blockchain. (Кусмарцева Дарья / Getty Images)

Finance

LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs

LG has been a node operator on the Hedera Network since 2020.

(Pexels/Pixabay)

Videos

How Music Industry Is Changing in Wake of NFTs

"The Hash" panel discusses the potential impact of the rise of non-fungible tokens (NFTs) on the music industry, exploring music as an investment opportunity and an asset class.

Recent Videos

Web3

Pudgy Penguins NFTs: Everything You Need to Know About the Adorable Animal Project

The collection of 8,888 chubby cartoon penguins embodies a happy vibe, but the project has faced controversies along its way.

(pudgypenguins.com)

Web3

Music Albums as an Asset Class

NFTs enable 6 major shifts in the music industry, which could lead to new investment opportunities for clients of financial advisors.

(serggn/GettyImages)

Web3

Crypto Custodian Aegis Is Offering Free Services to Women-Led Companies

The company, which is U.S.-qualified through its entity Aegis Trust, aims to help boost gender parity in crypto through the initiative.

(Andrei Akushevich/Getty Images)

Web3

From FOMO to JOMO: Web3 Mental Health Collective Peace Inside Live Launches NFT Collection

The collection, which encourages holders to practice the “Joy of Missing Out,” will donate primary sale profits across five mental health organizations in honor of May’s Mental Health Awareness Month.

The JOMO Effect (peaceinside.live)