non-fungible token


Finance

NFT Collector Buys Digital Art for $3M, Largest Sale in 3 Years

The NFT market has failed to reach the dizzying heights of 2022, but maybe it doesn't need to.

Digital artwork sells for $3 million (Debby Hudson/Unsplash)

Finance

Fan Tokens Have Much Larger Market Than NFTs, Says Chiliz CEO as Blockchain Prepares New Memecoin 'Pepper'

Chiliz CEO Alexandre Dreyfus called out the disproportionate hype around NFTs in comparison to fan tokens in an interview with CoinDesk.

16:9 Chiliz CEO Alexandre Dreyfus in Singapore during Token2049 (Courtesy: Amitoj Singh/CoinDesk)

Policy

U.S. Judge Sets Stage for NFT Securities Trial as DraftKings Lawsuit Moves Forward

The class action suit from DraftKings buyers alleges that NFTs are investment contracts.

Detail view of a DraftKings Sportsbook advertisement at an NHL game. (Brett Carlsen/Getty Images)

Policy

U.S. Charges Three in Connection With Evolved Apes NFT Scam

Evolved apes was a $3 million NFT rug pull that lured investors in with the promise of developing a video game.

Oklahoma's new laws protect Oklahomans’ right to self-custody their crypto and prevent the state and local governments from banning crypto mining (Unsplash)

Web3

NFTs Are the Pillars of Digital Capitalism, Animoca Founder Says

Yat Siu explains why we shouldn't dismiss NFTs as monkey JPEGs and how blockchain acts as a political system of sorts, fostering a consensus-based democratic process.

Yat Siu is interviewed by CoinDesk at Ta Zhi DAO's lounge during the Taiwan Blockchain Week (Ta Zhi DAO)

Markets

NFTs Outpaced Ether's Gains in January

Ether prices are set to close the month just over 2% higher, while major NFT indexes have advanced almost 10%.

Punk #4953 NFT (OpenSea)

Markets

Major NFT Indices Stable After NFT Trader Hack

Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were returned to their owners after Yuga Labs' Greg Solano and Boring Security DAO paid a bounty.

Bored Ape (Yuga Labs)

Markets

NFT Prices Are Still Lagging Behind Ether's Gains

Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether.

Lemon NFT collection. (Lemon OpenSea Website)

Markets

The Simpsons Take a Dig at NFTs, Crypto in 'Treehouse of Horror' Episode

"Remember how we were always saying we wish Bart was less fungible," Homer asks Marge after he puts his son on-chain.

(The Simpsons)

Videos

NFTs go High Fashion: Gucci Partners With Christie's on New Collection

256-year old auction house Christie’s is teaming up with luxury fashion brand Gucci to release a digital art non-fungible token (NFT) collection. "The Hash" hosts discuss the latest move bringing together the worlds of fashion and Web3.

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