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Non-Fungible Tokens
Korea Crypto Law Applies to Binance, Samsung Next Invests in Nifty’s
The head of Korea’s Financial Services Commission (FSC) says crypto laws apply to Binance. Samsung Next invests in Nifty’s, and in a new series, Forkast News will examine how NFTs could revolutionize the music business. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
SEC v. Ripple: Lawsuit Gets Tense While Firm Enters Race for Tokenization
Asheesh Birla, the general manager of RippleNet at Ripple, discusses the impact of Ripple’s ongoing case with the SEC on its business. “We welcome thoughtful, proper regulation, and I think that’s been missing,” Birla said, on the need for more regulatory clarity.
Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
How NFTs Could Be Closing the Income Gap in the Chinese Music Industry
Hong Kong-based singer-songwriter Hanjin Tan, the first musician to launch a Chinese music non-fungible token (NFT), discusses the role of NFTs as a potential lifeline in helping close the income gap among struggling musicians in China and other parts of Asia.
Dogecoin Millionaire Giving Away 1 Million DOGE With New Game 'Million Doge Disco'
"Dogecoin Millionaire" Gary Lachance has beta launched an augmented reality (AR) mobile game called "Million Doge Disco," a "decentralized dance party" that enables players to earn non-fungible tokens (NFTs) and dogecoin (DOGE). As part of the launch, Lachance plans to give away $1 million DOGE.
NFT Scored $2.5B in First Half of 2021
Non-fungible token (NFT) sales rose to $2.47 billion in the first half of 2021, according to data by DappRadar. This is a dramatic increase from the first half of 2020, when NFT sales totaled $13.7 million. Sports and collectible NFTs were revealed to be the most popular, although NBA TopShot sales are falling. "The Hash" panel takes a deep dive into the data, discussing whether NFT sales have peaked. "What goes up, must come down," host Zack Seward said.
How NFTs Are Impacting the World of Comics
A new non-fungible token (NFT)-powered digital comic book entitled “InterPop” is launching in July to bring interactivity back to comics. Interpop fans will get to decide heroes’ fates and fashion choices. “The Hash” panel unpacks the project and what it means for the future of NFTs.
Jay-Z to Auction ‘Reasonable Doubt’ Anniversary NFT at Sotheby’s
Rapper Jay-Z is auctioning off a non-fungible token (NFT) with Sotheby’s on the 25th anniversary of his “Reasonable Doubt” album, featuring famed artist Derrick Adams. “The Hash” panel talks about the rap scene’s heated affair with cryptocurrency. Plus, Sotheby’s continued adventure in digital assets and its influence in driving mainstream adoption of crypto.
Building Construction Meets Blockchain, Binance Launches NFT Platform
New South Wales sees launch of blockchain platform to track building construction quality. Binance launches its NFT marketplace with a debut sale featuring digital Dali. With the Hong Kong Digital Art Fair set to feature NFTs, Forkast speaks to one artist about its impact on the art world. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Warhol, Dali Collection Immortalized Again as NFTs
Binance's non-fungible token (NFT) marketplace launches Thursday with Andy Warhol's "Three Self-Portraits" and Salvador Dali's "Divine Comedy: rebeget" collections. The marketplace will run primarily on the Binance smart chain but will also connect to Ethereum. "The Hash" team explores the launch and the state of NFT markets.