Category: Non-Fungible Tokens

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MetaMask to Add Support for NFTs

  MetaMask, a popular cryptocurrency wallet designed in the form of a browser extension, has unveiled its yet-to-be-launched in-app non-fungible token (NFT) extension. “The elves in our workshop are putting the finishing touches on the collectables feature on Extension to be at parity with our mobile app,” MetaMask’s official Twitter account said on Tuesday…. Read…
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Chinese Communist Party’s Mouthpiece Endorses NFTs in a Surprise Move

  Xinhua, the news agency of the Chinese Communist Party (CCP), has announced that it will release a set of non-fungible tokens (NFT) later this week as part of a “metaverse” move. While media outlets releasing NFTs does not really class as news nowadays, this is not true in the case of a CCP mouthpiece…
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The Power of NFTs in Music Distribution

  Mattias Tengblad is the co-founder and CEO of Corite, a Stockholm-based digital music distributor; Emil Angervall is the co-founder and Chief Operating Officer of Corite.______… Read More: The Power of NFTs in Music Distribution  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Instagram Mulls Integrating NFTs In Its Platform

  In a bid to make non-fungible tokens (NFTs) more accessible to a broader user base, photo and video sharing social networking service Instagram is exploring ways to integrate such assets within its social media platform, according to senior company representatives…. Read More: Instagram Mulls Integrating NFTs In Its Platform  Read more »Pay, Trade, Buy…
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Chinese Tech Giants Ready Metaverse, NFT Moves Despite Regulatory Scrutiny

  China’s tech giants are hopeful of launching metaverse and non-fungible token (NFT) businesses despite suffering a torrid year at the hands of the country’s vehemently anti-crypto government. Heavy-hitters including JD.com and Alibaba have laid out plans that involve metaverse and NFTs, although regulations have forced them to make cosmetic name changes…. Read More: Chinese…
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Investor Purchases 330 Adidas NFTs Using Smart Contract – 328 More Than the Cap

  Sportswear giant Adidas dropped its non-fungible token (NFT) collection “Into the Metaverse” with 30,000 pieces on Friday – and while the sale was capped at a maximum of two items per person, one user managed to hoover up 330 pieces using a smart contract…. Read More: Investor Purchases 330 Adidas NFTs Using Smart Contract…
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Breaking All Records: VC Funds Injected USD 30B In Crypto This Year

  Venture capital (VC) funds invested some USD 30bn into crypto this year, exceeding almost fourfold the amount recorded in the previous record year of 2018, and injecting more funds into the industry than in all the previous years combined, according to data from financial data and software company PitchBook…. Read More: Breaking All Records:…
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DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns

  People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned…. Read More: DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns  Read…
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Bitwise, Nexo Add to Financial Products for Rich NFT Investors

  The past day has seen the announcement of two new non-fungible token (NFT)-related financial products, with asset manager Bitwise launching the first-ever index fund to track NFTs, while crypto lender Nexo (NEXO) launched the first lending desk exclusively for NFT investors…. Read More: Bitwise, Nexo Add to Financial Products for Rich NFT Investors  Read…
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NFTs Cause Carnage in the Latest South Park Special

  Non-fungible tokens (NFTs) have proven to be a disruptive force in the world of art, but in the latest special episode of the US animated series South Park, investing in such assets brings actual death and destruction. One of the scenes in the comedy special, entitled Post Covid: The Return of Covid, depicts a team…
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