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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.
State of Crypto: NYDFS Hackathon Is 'Testament' to Crypto's Growth
NYDFS held a two-week event with crypto industry participants to evaluate ways of upgrading its data collection tools and practices.
MetaKovan Explains Why He Spent $69M on the Beeple NFT
MetaKovan, the pseudonymous buyer behind the record-breaking $69.3M purchase of Beeple’s “Everydays: The First 5000 Days” explains his investment. “Beeple, I believe, is the artist of our century,” said MetaKovan. “He’s a meme.”
Crypto.com Appoints Music Industry Exec to Lead New Invite-Only NFT Platform
Trading platform Crypto.com is getting into the NFT game. But it’s trying something a little different: an exclusive, invitation-only platform it says will feature top music artists and athletes. CEO Kris Marszalek on the launch of the new platform and the appointment of music industry veteran Joe Conyers III to lead the project.
YouTube Sensation ‘GaryVee’ on the NFT Bubble, Bitcoin and ‘Inevitable’ Decentralization of Social Media
Gary Vaynerchuck, serial entrepreneur and YouTube star, shares his thoughts on the NFT boom. “I think we’re in a very similar place to where we were in internet stocks in 2000,” Vaynerchuck said.
Sotheby's Moves Into 'New World' of Digital Art and NFTs
"There's a lot here that's really exciting and, we think, has staying power," said CEO Charles Stewart.
Post Malone to Mix NFTs, Experiences in Revamped Music Streaming Platform
Malone and producer Dre London are bringing Fyooz NFTs to their AUX Live streaming site as the NFT arms race heats up.
Crypto.com Appoints Music Industry Veteran to Lead New NFT Marketplace
The exchange is soon to launch an invite-only NFT platform it says will feature top artists and sports stars.
Bids for Elon Musk's Crypto-Themed NFT Pass $1M
The NFT features a gold trophy decorated with "diamond hands," a group of Shiba Inu dogs, a moon and the crypto term "HODL."
5 Legal Considerations When Dealing in NFTs
Just because securities laws might not apply doesn’t mean other laws won’t, says our columnist.
Digital Art Heist: NFTs Are Being Hacked and Stolen on Nifty Gateway
Some users of Nifty Gateway, an online marketplace for non-fungible tokens, have reportedly been targeted in what CoinDesk's Ben Powers is calling a "digital art heist." NFTs from several accounts without two-factor authentication were stolen over the weekend, and it remains unclear what – if anything – Nifty Gateway can do about it. "The Hash" panel discusses NFT-related security challenges and what newcomers to the space can do to protect themselves.
