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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.
NFT- and Metaverse-Related Cryptocurrencies Underperform as Floor Prices Sink
FLOW, APE and AXS are among tokens tracking double-digit losses over the past week.
Reddit Starts Airdrop of Polygon-Based 'Collectible Avatars'
Avatars from the four collections are available for listing and trading on OpenSea.
Crypto Developer Platform Thirdweb Gets Katie Haun's Backing at $160M Valuation
Other investors in the $24 million Series A round included Coinbase Ventures and Shopify.
Most NFT Projects ‘Convey No Actual Ownership’: Galaxy Digital Research
NFTs giving token holders total ownership rights is an ambitious idea, one that's “a long way off,” Alex Thorn, head of research at Galaxy Digital, said on CoinDesk TV’s “First Mover.”
NFTs Worth $100M Reported Stolen Over Past Year: Elliptic
Thefts in May 2022 topped the list in in terms of value with 3,473 NFTs worth $23.9 million stolen.
What Is NFT Wash Trading?
The shadowy practice is often used to manipulate markets and create a false sense of high demand.
LooksRare Fork Sudorare Rugs for $800K Despite Crypto Twitter Warnings
Developers behind the project deleted Sudorare’s social media channels and its website on Tuesday morning.
Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis
Faulty auction mechanics highlighted the downside of letting people borrow money against their Bored Apes.
Will Taylor Swift Ever Issue a Music NFT?
It shouldn't come as a surprise that celebrities have been slow to adopt crypto, even when mass commercialization is around the corner.
