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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.
International Tax Consortium Lists ‘Red Flag Indicators’ of Fraud in NFT Marketplaces
The guidance, which is the first of its kind from the Joint Chiefs of Global Tax Enforcement, lists both strong and moderate indicators of fraud.
How Crypto Payments Shift Revenue to Creators, Not Platforms
Blockchain cuts out the social media middleman. This article is part of CoinDesk’s Payments Week series.
Coinbase NFT Marketplace Beta Sees Less Than 900 Transactions in Opening Week
The exchange’s long-awaited NFT platform saw 73 ETH in trade volume in its first week after a small portion of its three million-person waitlist was granted access.
Ethereum Name Service NFTs Overtake BAYC in Daily Trade Volume
The ENS NFTs have seen a surge in volume today as investors dive in to purchase three- and four-digit domains.
Bitcoin Payments Remain in Their Infancy but There Are Green Shoots Everywhere
Can cryptocurrencies, stablecoins and CBDCs coexist as methods of payment? Industry leaders shine a light on the future of crypto payments. This piece is part of CoinDesk's Payments Week.
NFT Subscriptions Are Better Paywalls
Turning subscriptions into a bearer asset is better for everyone, says our media columnist. This article is part of CoinDesk's Payments Week.
OurSong Raises $7.5M in Seed Funding to Help Artists Build a Community Through NFTs
The blockchain-based platform is a subsidiary of Our Happy Company, which was co-founded by performer John Legend and KKBOX CEO Chris Lin.
Propy Teams With Abra to Offer Property Purchases Backed by Crypto
Earlier this year Propy sold an NFT-backed home for $650,000.
Goldman Sachs Says It Is Exploring the Tokenization of Real Assets
The global investment bank says it is looking into NFTs in the context of financial instruments because that is where the power is.
