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.


Finance

Nansen to Track Solana NFT Data Amid Boom in Minting, Trading Activity

The platform’s data comes from the ecosystem’s two most popular marketplaces, Magic Eden and OpenSea.

(Danny Nelson/CoinDesk)

Policy

Hurry Up With Crypto ID Checks, FATF Tells Countries

After the potentially privacy-busting "travel rule" for crypto transfers, global standard setters at the Financial Action Task Force have their eyes on DeFi, NFTs and unhosted wallets.

The Financial Action Task Force wants to outlaw dirty money flows through crypto. (Richard Levine/Corbis/ Getty Images)

Finance

From an Attention Economy to a Values-Driven Economy

Cryptocurrencies, NFTs and DAOs are powerful tools for an increasingly interconnected world. This article is part of CoinDesk's Future of Work Week.

(kate.sade via Unsplash, modified by CoinDesk)

Finance

Zigazoo, a Social Network for Kids, Raises $17M to Further Web3 Ambitions

The app recently sold out four NFT drops tied to top children’s brands and talent.

Zigazoo's sold-out NFT collection Long Neckie Kids #1 (Zigazoo)

Finance

Accelerate Financial Launches NFT Fund, Sees Prices Bottoming

The fund will own a mix of NFT collections, including CryptoPunks and Bored Ape Yacht Club.

Mutant NFT with Accelerate Financial logo (Accelerate Financial Technologies Inc.)

Layer 2

Web3 Adoption Is 'Inevitable,' Blockchain Creative Labs CEO Says

“We believe we can leverage the Fox platform to teach people what it means [for] them to value a digital good [and] the value of an NFT,” Blockchain Creative Labs CEO Scott Greenberg said during an interview with CoinDesk at NFT.NYC.

Blockchain Creative Labs CEO Scott Greenberg during an interview with CoinDesk at NFT.NYC (CoinDesk, modified)

Policy

NFT, Private Wallet Fates Hang on EU Crypto Talks This Week

Officials could this week finalize controversial privacy and licensing rules for the sector – once they decide how to treat NFTs and unhosted wallets.

The European Parliament is set to make key decisions on crypto privacy and NFTs this week. (Laura Zulian Photography/Getty Images)

Finance

Azuro Raises $4M for ‘Decentralized Sportsbook Protocol’

The funding marks the latest injection of capital into the nascent blockchain betting industry.

(Sarah Stierch/flickr)

Finance

Ethereum Lending Protocol XCarnival Hit With $3.8M Exploit, Recovers 50%

The DeFi protocol persuaded a hacker to return $1.9 million.

(Kevin Ku/Unsplash)