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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.
South Korea’s Upbit Sued for Patent Violation, Alipay Launches NFT Platform
South Korea’s biggest crypto exchange faces a legal challenge over a patent violation. Next, Iranian authorities seize 7,000 crypto mining machines west of Tehran. Finally, payment service behemoth Alipay launches an NFT sales platform. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Roc-a-Fella Records Sues Dame Dash for Trying To Sell Jay-Z’s Debut Album as an NFT
The ongoing beef between Roc-a-Fella Records co-founders Jay-Z and Dame Dash continues into the cryptocurrency space. The record label is suing Dash for allegedly trying to sell Jay-Z’s debut album, “Reasonable Doubt,” as a non-fungible token (NFT). “The Hash” team unpacks the legal battle as part of a larger discussion about ownership and NFTs.
CNN Launching NFT Featuring Moments From Network’s 41-Year History
CNN is launching a non-fungible token (NFT) collection on the Flow blockchain, featuring key moments from the cable news network’s 41-year history. “The Hash” panel digs into CNN getting into the NFT market and what this means for crypto in mainstream media.
Juneteenth Hologram NFT Drop Featuring Viral Black Artists
Jadu, a mobile augmented reality platform for holograms, is immortalizing viral TikTok dances and other holographic performances of Black artists as non-fungible tokens (NFTs) in honor of the Juneteenth holiday. Jadu CEO Asad J. Malik joins "First Mover" to discuss the importance of the release and how it connects to the legacy of Juneteenth.
McLaren to Build NFT Platform on Tezos
McLaren Racing plans to build a non-fungible token (NFT) platform on the Tezos blockchain. The platform will list NFTs illustrating McLaren Racing’s history, heritage, famous drivers, and more. “The Hash” team digs into the future of the Tezos blockchain.
Game Developer Mythical Games CEO on Its $75M Raise for Playable NFTs
Mythical Games has raised $75 million to build a platform for external game developers to bring non-fungible tokens (NFTs) into their fictional worlds. Mythical Games CEO John Linden joins “First Mover” to discuss gaming on the blockchain and how this transforms the traditional world of online and video games.
More Regulation for South Korean Crypto Exchanges; NFTs Kick-Start K-Pop Comeback
South Korean crypto exchanges banned from trading self-published tokens. PlanetWatch launches blockchain-powered air quality sensors in Hong Kong. K-pop’s Brave Girls use NFTs to kick-start their comeback. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Fox TV Puts $100M Behind Its NFT-Driven Blockchain Experiment
Fox Entertainment reveals it’s putting $100 million behind “Krapopolis,” the “first-ever animated series curated entirely on the Blockchain” in collaboration with Dan Harmon, the creator of “Rick and Morty.” “The Hash” hosts discuss what’s in store for the future of Fox’s NFT business and the world of crypto in mainstream media.
2 Chainz and GucciGhost Discuss NFT Collaboration, Digital Art Future and Crypto
Rapper and crypto investor 2 Chainz and the artist GucciGhost join CoinDesk’s Zack Seward in a special interview discussing their non-fungible token (NFT) collaboration named “Trap 21.” The NFT commemorates 2 Chainz’s 2017 album “Pretty Girls Like Trap Music.”
What Does Thai, Italian Regulators Cracking Down on Crypto Mean?
The Thai SEC is banning meme, fan, and exchange tokens, as well as non-fungible tokens (NFTs). Meanwhile, in Italy, regulators are reportedly concerned about the unsupervised spread of cryptocurrencies. "The Hash" panel explores the international regulatory framework around crypto investments.