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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.
OpenSea Adds Support for BNB Chain NFTs
BNB Chain, one of the largest blockchains by daily active users, will allow sales of its non-fungible tokens on OpenSea by the end of the year.
TIME President Keith Grossman Joins Crypto Payments Startup MoonPay
Grossman announced via Twitter that he is to become MoonPay's president of enterprise following a three and half year tenure as TIME's president
ApeCoin DAO Launches Community-Driven NFT Marketplace
The platform offers features built especially for the Bored Ape Yacht Club and Otherside communities, its CEO said.
Saudi Arabia’s NFT Collection Soars After Unexpected Soccer Win Against Argentina
Argentina's fan token, on the other hand, slid 21% following the team's loss on Monday.
Crypto Custodian Aegis Trust Offers $25M Insurance Policy for NFTs
The policy, provided by insurance marketplace Lloyd’s of London, will protect institutional investors’ NFTs.
Mattel Launches NFT Marketplace With Hot Wheels Collection
The premiere drop features brands including McLaren and Aston Martin. The company hinted at future releases inspired by other iconic toy brands.
What FTX Fallout Means for VC Funding in Crypto
In Q3 of this year, venture capitalist funding for crypto startups hit a new low in 2022, at roughly $5.5 billion in fundraising, according to Galaxy Digital. Dragonfly Capital Partner Tom Schmidt discusses the impact of crypto exchange FTX's collapse on the industry and outlook for investments in DeFi and NFTs amid crypto winter.
Binance Puts Ronaldo NFTs in Spotlight With First-Ever Global Ad Campaign
The famous footballer's inaugural NFT collection launched on Friday, with Binance calling out "bad players."
Sorare, Under Pressure From France’s Gambling Regulator, Will Expand Free Access
Regulators and lawmakers are concerned about money laundering, child protection and gambling addicts
