Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online…
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Instead of relying on unwieldy contracts to generate music for their products, NFTs are offering GameFi developers ways to come up with faster (and more equitable) agreements with artists. The GameFi industry has surged since 2020, with some estimating a market capitalization of $55.4 billion as of February 2022. While others have much lower estimates…
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There is a long list of new tokens with names in poor taste such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth. Crypto degens have wasted no time after the passing of Queen Elizabeth II, flooding the crypto market with more than 40 new Queen-related meme…
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GameStop is not easing its push into the Web 3.0 space even after underwhelming non-fungible token (NFT) adoption figures. The video game and consumer electronics retailer has announced a partnership with cryptocurrency exchange FTX.US, the U.S. subsidiary of FTX. … Read More: GameStop NFTs Not So Good But Announces Partnership With FTX as Crypto Push Continues…
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The David Bowie estate recently announced it is launching a series of non-fungible token (NFT) collectibles called “Bowie on the Blockchain.” Following the official announcement, however, a number of Bowie’s fans chastised the project and called it a pyramid scheme. Bowie’s blockchain collectibles will launch on Opensea on September 13, and proceeds from the sale…
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Japan’s cabinet has handed out non-fungible token (NFT) awards – in a new first for the nation’s government. The tokens were distributed to the local government authority winners of a nationwide digitization competition and represent “digital certificates” of achievement, CoinPost reported…. Read More: Japanese Government Presents Local Authorities with NFTs in National First Read more…
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Non-fungible token (NFT) sales jumped 26.76% higher this week, as NFT sales statistics show that $180.43 million in NFT trades were recorded this week compared to last week’s $142.33 million. While Ethereum-based NFTs captured the lion’s share of volume this week with $79.2 million, Ethereum-based NFT sales are down 23.65% during the past seven days.…
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The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops NFT Platform in Partnership With Blockchain Firm Algorand The International Federation of…
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American actor and comedian Bill Murray saw 119.2 ethereum drained from his wallet on September 1, 2022, after Murray held a non-fungible token (NFT) charity auction. Statistics show that most of the tokens and NFTs in Murray’s wallet have been moved, and roughly $556 in token value remains. Bill Murray Loses 119 Ethereum to Hackers…
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Anti-government hackers have attempted to sell what they say is an NFT of Belarus President Alexander Lukashenko’s passport. The members of the ‘Belarusian Cyber Partisans’ collective claim to have obtained the passport data of all of the country’s citizens. Cyber Guerrillas From Belarus Try to List NFT Passport Collection on Opensea A hacking group known…
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