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

Coinbase Expands Features, Allowing Some App Users to Access Ethereum-Based Dapps

The move will let users purchase NFTs, trade on decentralized exchanges and borrow and lend on various DeFi platforms.

Coinbase share were rallying Friday. (Photo illustration by Leon Neal/Getty Images)

Finance

Morgan Stanley Says NFTs Next to Watch After UST Collapse

Most speculative and leveraged areas of crypto markets now in focus, the bank’s analysts said.

Morgan Stanley's U.K. headquarters

Finance

QuickNode Acquires NFT Analytics Platform Icy Tools

Financial details for the blockchain development platform’s first acquisition were not disclosed.

Ice cubes (Shutterstock)

Learn

What Is NFT Lending?

If you want to make money from NFTs without selling the ones you own, you have many options, from peer-to-peer lending platforms like Blend to letting someone rent your NFT for a while.

(Getty Images)

Policy

5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties

A multi-state cease-and-desist letter issued Wednesday calls the Flamingo Casino Club “simply a high tech scam.”

Regulators say the Flamingo Casino Club is a scam that concealed its ties to Russia. (bert van wijk/Getty Images)

Markets

Stepn’s ‘Move-to-Earn’ Model Has Crypto Analysts Seeing Value in the Long Run

This blockchain-based app's users must purchase a "virtual sneaker" NFT to earn crypto rewards. Consumer advisory: They start at around $800.

How do Stepn's virtual sneaker NFTs compare with a new pair of Jordans? (Stepn/Barndog, modified by CoinDesk)

Finance

Katie Haun’s VC Firm Leads $11M Round for Web 3 Community Platform Highlight

Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities.

Venture capitalist Katie Haun appears on stage at the 2022 FTX/SALT Crypto Bahamas conference. (Danny Nelson/CoinDesk)

Finance

ApeCoin for All? Co:Create Raises $25M to Help NFT Projects Launch Tokens

The funding could lead to big-name NFT projects following in the footsteps of Bored Ape Yacht Club.

(Bored Ape Yacht Club, modified by CoinDesk)

Finance

Susquehanna Leads $10M Funding in Metaverse Platform StarryNift

The pre-Series A funding round included Binance Labs, Alameda and other crypto-centric investment teams.

Starrynift plans to launch its Starryverse multiverse later in May. (japatino/Getty Images)