Tagged: nfts

EBay Looking into NFTs, May Accept Crypto Payments

EBay (NASDAQ:EBAY) CEO Jamie Iannone indicated his company is investigating the offering of non-fungible tokens or NFTs as it looks to support new categories. In an interview on CNBC today, Iannone had this to say about the potential for NFTs: “We are looking at it… Read More

NFTs: VeChain Foundation Announces $1 Million Grant Program for VeChain eNFT Ecosystem

The team at the VeChain Foundation, which is focused on supporting VeChain, a leading blockchain platform for supply chain management and various other use-cases, has announced a $1 million Grant Program for the VeChain eNFT Ecosystem. As mentioned in a blog post, it’s been “the… Read More

Binance to Launch NFT Market in June

Zhao Changpeng

Binance, the world’s largest crypto exchange, announced a forthcoming NFT market to launch this coming June. NFTs or non-fungible tokens have boomed in recent months. While in existence for years, the advent of the sale of a work of digital art by Beeple for over… Read More

DeFi Assets Dego Finance (DEGO), Mirror Protocol (MIR), Liquidity USD (LUSD) Listed on Poloniex

Digital asset exchange Poloniex revealed on April 25, 2021, that it’s pleased to welcome Dego Finance (DEGO) to its DeFi Innovation Zone. DEGO has reportedly joined over 100 other DeFi assets on Poloniex. Starting now (as of April 25), wallets are open and clients may… Read More

Digital Asset Custody Is Extremely Important Problem to Solve, According to Blaine Malone, Engineer at Gemini

Blaine Malone, Senior Security Engineer at digital asset firm Kraken, notes that he joined Gemini in March 2020 when New York had closed due to the COVID-19 outbreak. Malone adds that luckily, he got the chance to spend a day in the office, however, he’s… Read More

Nitin Gaur, Director of IBM Digital Asset Labs, Says NFTs are Natural Progression in “Explosion” of Asset Tokenization

Nitin Gaur, Founder and Director of IBM Digital Asset Labs, recently looked into how businesses may be able to absorb “disruptive” impact and start integrating new business models (NFTs) in existing and “new streams” of business opportunity. Gaur writes in a blog post that non-fungible… Read More

RedBlock Teams Up with NFT Bazaar to Promote Development of Non-Fungible Token Space

RedBlock and NFT Bazaar have announced a strategic partnership in an “embrace” of the fast-evolving NFT industry. As noted in a blog post by RedBlock: “We are very pleased to announce that RedBlock and NFT Bazaar have officially entered into a strategic partnership, leveraging our… Read More

Are NFTs Securities? OMG!

On March 11th, Beeple became the third highest-paid living artist with a $69M sale of one of his works as an NFT, a non-fungible token on the blockchain. This sale is one of many at the front of NFTs, blockchain’s latest hype machine of digital… Read More

Blockchain Startup Arweave, a Permanent Storage Solution Provider, Reports Handling Over 1 Million Transactions in March 2021

Arweave, which aims to offer a “novel” data storage blockchain protocol enabling “a permanent serverless web and creating truly permanent data storage for the first time,” has released its Q1 2021 Ecosystem Update, titled, NFTs, The Guardian, a new web wallet, new gateway (& much… Read More

Time Magazine to Hold Bitcoin on Balance Sheet in Partnership with Grayscale

Time Magazine will hold Bitcoin on its balance sheet and perhaps pay some people in BTC in a new partnership with Grayscale. This is according to a tweet by Michael Sonneshein, CEO of Grayscale.   Thrilled @Grayscale is partnering w/ @TIME on a new video… Read More

A Conundrum of NFTs: Five Things About NFTs That May Surprise You

A murder of crows.  A pride of lions. A school of fish.  A conundrum of NFTs.  At least that’s how it feels when faced with the ever-growing craze for non-fungible tokens.  Here are five things about NFTs that may surprise you. They’re just another type… Read More

The “Second Coming” of NFTs Will be “Even More Successful” According to Blockchain Dev Inal Kardanov

Inal Kardanov, Co-founder and CTO of Billy, notes in a blog post published by the Waves Protocol developers that NFTs’ “second coming” is set to be even “more successful.” Kardanov, a software engineer focused on blockchain, AI, and machine learning, writes in a blog post… Read More

Mark Cuban and ConsenSys CEO Joseph Lubin Backed Nifty’s Appoints Olta Andoni, as NFT Legal Expert

Billionaire Mark Cuban-backed Nifty’s has reportedly hired Olta Andoni, an NFT copyright legal expert as its new Chief Legal Officer. Andoni will notably be the first CLO of the nascent non-fungible token or NFT-focused social media platform. Nifty’s is a fairly new online network for… Read More

NFT Art: Your Top 40 Legal Questions Answered

Non-fungible tokens (NFTs) were minted and sold under the radar until a relatively obscure artist sold an NFT for an immense sum. That seminal event invigorated interest in NFTs by artists, sales platforms, and collectors. In this column, we undertake to identify and answer, in… Read More

Digital Assets Firm Kraken Explains Why Blockchain based NFTs are a Revolutionary New Licensing Technology

  The team at digital assets firm Kraken notes that humans have “always loved making and displaying art.” The US-based crypto exchange provider reveals that deep within a cave in Spain, there’s a Neanderthal hand stencil that scientists “have radiocarbon dated to 64,000 years –… Read More

Ethereum Development Studio ConsenSys, HENI Group, Heyday Films Launch Palm NFT Studio, an Innovation Lab for Digital Artists

ConsenSys, HENI Group, and Heyday Films launched Palm NFT Studio on March 30, 2021. It’s described as an “innovation” lab that’s been set up to “collaborate with artists, marketplaces, and rights holders to bring projects and platforms into the Palm ecosystem.” As mentioned in a… Read More

Chain of Events Update from Blockchain.com Reveals that it Supports Instant Transfers in the US and Faster Payments in the UK

The team at Blockchain.com, a leading crypto wallet provider, trading platform and block explorer service that recently acquired an additional $300 million in capital, notes that in the crypto space, “one month can feel like an entire quarter — a lot happens.” Blockchain.com points out… Read More

Uniswap V3 Launch Animation by Digital Artist Sells for $525K to DAO formed for Buying NFTs

Last week, the developers of Uniswap, a leading non-custodial Ethereum token exchange, announced that they had officially launched Version 3.0 of the platform. The Uniswap team reminded users that Version 1.0 was introduced back in November 2018 as a proof of concept for automated market… Read More

Controversial BitClout Project, which will Offer Social Currency Issued by Digital Artists, Already Facing Lawsuit Before Official Launch

There’s been a lot of hype around non-fungible tokens or NFTs, with many major digital art auctions and opportunities to exchange virtual trading cards. There’s also been a lot of talk among major investors who believe that these scarce tokens may support the future of… Read More

CipherTrace and Blockchain Industry Insiders Comment on Updated FATF Guidelines on Virtual Assets and VASPs

Blockchain security firm CipherTrace has provided an analysis on the proposed Financial Action Task Force (FATF) guidance for digital assets and virtual asset service providers (VASPs). On March 19, 2021, global anti-money laundering watchdog, the FATF, released a public consultation for its latest Draft Guidance… Read More

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