Tagged: non-fungible tokens

January 27, 2022 @ 8:58 am By Omar Faridi  |  

Criminal investigators at the US Internal Revenue Services (IRS) say that virtual currencies and non-fungible tokens (NFTs) is an industry segment that can be exploited by actors engaging in fraudulent activities. These abusive activities may include actions involving money laundering, market manipulation, and even attempts… Read More

January 24, 2022 @ 10:22 am By Omar Faridi  |  

NFT Investments, an incubator focused on the market for non-fungible tokens (NFTs), is pleased to confirm that it has entered into a non-binding letter of intent (LOI) for the acquisition of Pluto Digital PLC, a crypto tech and venture firm (for a “consideration” of £96… Read More

January 22, 2022 @ 8:28 am By Omar Faridi  |  

Luxury brand Hermès has reportedly decided to sue an artist for selling non-fungible tokens (NFTs) of Birkin bags. The lawsuit has been filed after the artist earned $42,000 for a virtual rendering of the high-fashion accessory in December of last year. Hermès submitted its complaint… Read More

January 21, 2022 @ 8:29 am By Omar Faridi  |  

Meta’s (NASDAQ: FB) two leading social media networks, Facebook and Instagram, are reportedly looking to enter the fast-evolving non-fungible token (NFT) sector. The tech giant will be focusing on making it seamless for Facebook and Instagram users to issue, trade and showcase their NFTs. As… Read More

January 13, 2022 @ 12:28 am By Omar Faridi  |  

The Metaverse and the GameFi world have grown tremendously, with nearly every blockchain  ecosystem in the crypto space getting more actively involved. Polygon (POLY) ecosystem’s capabilities of building and connecting different blockchains and dApps is being supported by the launch of Polygon Studios, which is… Read More

January 12, 2022 @ 3:02 pm By Omar Faridi  |  

Pastel Network, which claims to be the first application-specific and purpose-built NFT blockchain that has “developed protocols tailored to address the needs of the NFT space,” has teamed up with Nervos Network, which is a suite of interoperable protocols “built on top of an open… Read More

January 11, 2022 @ 6:33 pm By Omar Faridi  |  

The team at blockchain platform Qtum has shared important community and development updates from December 2021. Qtum writes in a blog post: “A very Happy New Year to all of you. … Now, as we [wrapped] up December, it is impossible to start with anything… Read More

January 10, 2022 @ 9:31 pm By Omar Faridi  |  

The team at digital asset platform CoinList is introducing their first-ever NFT collection: FiatWorks. As noted in an update, dated January 5, 2022,  CoinList started with “a small, dedicated base of true crypto believers that supported projects like Filecoin, Stacks, Solana, Algorand, and more.” As… Read More

January 5, 2022 @ 7:49 am By Omar Faridi  |  

Blockchain.com, a leading crypto wallet provider, block explorer, and digital asset exchange, writes in an update that (following “proof of keys” day on January 3) a private key is like as a password to your cryptocurrency wallet. In the same way that giving anyone your… Read More

January 3, 2022 @ 10:19 pm By Omar Faridi  |  

The Neoverse has entered into a “new chapter.” In order to celebrate the launch of the N3 MainNet, NGD (or NEO Global Development) launched Neoverse — which is described as an NFT mint and collection campaign carried out “with multiple developer communities, ecosystem projects, and… Read More

January 3, 2022 @ 11:37 am By Omar Faridi  |  

The team at IOHK, which supports the development of major blockchain platform Cardano (ADA), says that 2021 was the year robots, and “graffiti came to a decentralized, smarter Cardano.” The update posted by IOHK noted that Beeple used to illustrate their write-ups, however, art NFTs… Read More

January 3, 2022 @ 1:43 am By Omar Faridi  |  

LTD.INC, a curated platform that teams up with various artists, creators, and brands to launch rare physical and digital NFT collections and experiences via the Ethereum (ETH) blockchain and the latest NFT tech, has announced the “upcoming launch of its Web 3.0 platform and mobile… Read More

January 2, 2022 @ 4:47 pm By Omar Faridi  |  

The team at Waves, a blockchain technology platform focused on digital assets, DeFi, and NFTs, recently shared the main takeaways from community discussions during which the Waves ecosystem’s short-term plans and longer-term strategy were revealed. Waves founder Sasha Ivanov has talked about the Waves ecosystem’s… Read More

January 1, 2022 @ 10:21 pm By Omar Faridi  |  

Surojit Chatterjee, Chief Product Officer at Coinbase (NASDAQ: COIN), notes that 2021 proved to be “a breakout year for crypto” with Bitcoin (BTC) price gaining nearly 70% YoY, DeFi hitting $150B in value locked, and NFTs “emerging as a new category.” Chatterjee has shared his… Read More

December 30, 2021 @ 3:07 pm By Omar Faridi  |  

At digital assets firm Gemini, they are focused on developing the next generation of financial services by leveraging the transformative power of blockchain or distributed technology (DLT) and cryptocurrency. Via the Gemini Frontier Fund — their strategic venture investment division — the company has  embarked… Read More

December 28, 2021 @ 4:37 am By Omar Faridi  |  

On its face (or at surface level), 2021 may not have seemed like the year cryptocurrency “got serious,” according to an end-of-year update from Mastercard (NYSE: MA). The team at Mastercard noted that this year, we had Elon Musk sending Dogecoin (a virtual currency initially… Read More

December 27, 2021 @ 1:40 pm By Omar Faridi  |  

The blockchain and crypto-assets space has grown tremendously during the past 18 months due in part to the acceleration of the ongoing digital transformation. Many more consumers and business organizations are completing tasks online instead of visiting physical locations to avoid the further spread of… Read More

December 27, 2021 @ 6:00 am By Omar Faridi  |  

We recently connected with Adam Jeffcoat, the founder of StudioNX, an Emmy award-winning visual development house that creates character-driven IP for feature film, TV and games. With around 20 years of industry experience, StudioNX also specializes in character design, 2d animation, and directing content for… Read More

December 26, 2021 @ 8:30 pm By Omar Faridi  |  

Decentralized applications store DappRadar recently published their annual Dapp Industry Report, highlighting records for the decentralized application (dApp) space. As noted in a release shared with CI, 2021 saw the blockchain or distributed ledger tech (DLT) industry expand “across verticals, with usage growing sevenfold as… Read More

December 26, 2021 @ 4:55 pm By Omar Faridi  |  

StarSharks, a community-led gaming ecosystem dedicated to players creating, sharing and building together, is pleased to confirm the closing of a $4.8 million private round. The shark Metaverse will use the proceeds to create “exciting new games and nurture the community,” according to a release…. Read More