NFTs

The non-fungible token (NFT) market is seeing a surge in trading volumes, with February recording the highest numbers since May 2022, according to DappRadar's latest industry report. What Happened: The data platform revealed NFT trading volumes reached $2 billion, with much of the growth...

When the nine-member jury returned its verdict in favor of Hermès in early February, a chilling wave of disappointment, frustration, and confusion spread throughout the art landscape on whether the jury actually understood the case before them as it concerned the underlying technology that...

Three Japanese banks are set to conduct a stablecoin experiment using a payment system that complies with legal requirements. Tokyo Kiraboshi Financial Group, The Shikoku Bank, and Minna no Bank plan to issue and remit stablecoin-type electronic money on Japan Open Chain through a system developed...

Online brokerage firm Robinhood (NASDAQ: HOOD) has announced the global rollout of its self-custody Web3 wallet — Robinhood Wallet — to all iOS customers. The wallet was previously available only to select beta users. the wallet offers users full control over their crypto...

The legend of Yuga Labs continues to grow in the non-fungible token space. The game “Dookey Dash” was played more than 7.5 million times by people who owned Sewer Pass NFTs, all competing for the legendary Dookey Dash Key. Only one person won and they have now sold the winning prize....

New YouTube CEO Neal Mohan is looking at ways to integrate Web3 technology and make the video platform more immersive, according to Decrypt. “We believe new technologies like blockchain and NFTs can allow creators to build deeper relationships with their fans,” Mohan wrote in a 2022...

The liquidators of Three Arrows Capital, a now-defunct hedge fund, have announced plans to sell some of the firm's nonfungible tokens (NFTs) as part of recovery efforts. In a notice published on Wednesday, Teneo Senior Managing Director Christopher Farmer stated "the purpose...

RMS Titanic Inc, the company responsible for preserving and showcasing the sunken ship, is collaborating with Artifact Labs and Venture Smart Financial Holdings, a Hong Kong-based asset management firm, to turn the physical artifacts from the tragic voyage of 1912 into non-fungible token (NFT)...

By Jules Dudko, Founder and CEO of FrequenC AI is everywhere. Creatives are concerned about ownership and authenticity of their work, both in terms of deep fakes and algorithm training. While no regulations exist for the commercial use of deep fakes, blockchain technologies offer an ‘out...

Cryptocurrency gaming start-up Immutable is letting go of 11% of its workforce despite recently raising $280 million in venture capital funding over the past two years. In a note to staff seen by The Sydney Morning Herald and The Age, Immutable CEO and co-founder James Ferguson explained that the...

One of the cryptocurrencies that trended late in 2022 was Shiba Inu (CRYPTO: SHIB). Here’s a look at where the coin stands compared to its all-time high and what could be next. What Happened: Shiba Inu launched in August 2020 as a similarly themed cryptocurrency to Dogecoin (CRYPTO: DOGE)....

The world’s largest digital currency Bitcoin (CRYPTO: BTC) broke the $25,000 mark last week, reaching a new high for 2023, a stark contrast to November when the cryptocurrency saw a significant drop to a 2022 low of $15,742 following the FTX (CRYPTO: FTT) crisis. The apex crypto's...

Starbucks Odyssey NFT-driven rewards program built on Polygon (CRYPTO: MATIC), which is still in closed-beta, is being sold for high prices on the secondary marketplace. What Happened: Since the launch of Starbucks Odyssey in December, its NFTs crossed over 360 in sales across Nifty Gateway, an NFT...

Canadian actor Keanu Reeves is a vocal advocate of cryptocurrency and its underlying blockchain technology calling them "amazing tools for exchanges and distribution of resources," in a recent interview. Speaking with Wired, the star of the popular movie "The Matrix," produced...

Blockchain holding company Immutable Holdings (OTC: IHLDF) announced the launch of public beta for NFT.com on Thursday. Here are the key details: What Happened: NFT.com, which is owned by Immutable Holdings, offers the ability to mint and create profiles, discover new and existing collections and...