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

GameStop Unveils Crypto and NFT Wallet, Shares Jump 3%

A beta version of the self-custodial Ethereum wallet is available to download now from GameStop's website.

(Justin Sullivan/Getty Images)

Opinion

Ryder Ripps, Bored Apes and 'Owning' an NFT

A debate over fair use and copyright in the NFT age ensues.

Bored Ape (Yuga Labs)

Finance

UnicornDAO Raises $4.5M to Empower Women and LGBTQ NFT Creators

The DAO is led by Nadya Tolokonnikova of the Russian art collective Pussy Riot and involves Beeple, Grimes and Gary Vaynerchuk.

The UnicornDAO panel at SXSW 2022. Left to right: Olive Allen, Charli Cohen, Latashá, Diana Sinclair, Maliha Abidi, Heather Russell, Nadya Tolokonnikova and Rebecca Lamis. (UnicornDAO)

Finance

Magic Eden Tops OpenSea in Daily Trading Volume as Solana NFTs Heat Up

The Solana-based marketplace has seen far more transactions than its Ethereum counterpart in the last 24 hours.

Magic Eden's booth at the Solana Hacker House in Miami, April 2022. (Danny Nelson/CoinDesk)

Policy

How Do You Tax an NFT?

Plans to share bitcoin data with foreign tax authorities may be hard to adapt to transparent, decentralized blockchains – but once in place, new rules are hard to shift.

The OECD wants to make it harder to keep your bitcoin secret from the authorities by stashing it in tax havens. (Michal Ben Ari/EyeEm/Getty Images)

Finance

Nomura’s Digital Division to Focus on Cryptocurrencies First, DeFi Later

Phase one of Nomura’s new digital-assets division will include the top 10 cryptocurrencies, with DeFi and NFTs further down the line.

Nomura. (charnsitr/Shutterstock)

Finance

Diana Sinclair: People Aren’t 'Ready to Hear' About Inequities in the Metaverse

Web 3 can open up opportunities for marginalized groups, but it's not a silver bullet, says one leading NFT artist.

Diana Sinclair (CoinDesk)

Finance

ApeCoin Migration Draws Interest From Avalanche, Flow

The Bored Ape Yacht Club-linked ApeCoin DAO is in talks with layer 1 suitors as the project considers a post-Ethereum future.

(Mario Tama/Getty Images)

Opinion

Breaking Barriers to the Web 3 Creator Economy

The latest innovations in blockchain technology are enabling creators to earn more from their work and achieve an unprecedented level of autonomy.

Web 3 is opening all sorts of possibilities for creators. (Dan Kitwood/Getty Images)