Major hardware maker Ledger said it aims to launch a crypto debit card, start supporting non-fungible tokens (NFTs), and announced partnerships with two major exchanges, Coinbase and FTX. The company made multiple announcements today, during the Ledger Open conference in Paris…. Read More: Busy Day For Ledger as It Announces Crypto Debit Card, NFT,…
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Data acquired from the major non-fungible token (NFT) marketplace OpenSea reveals that merely 28.5% of NFTs purchased during minting lead to a profit. On the other hand, more than 65% of NFTs bought from other users on the secondary markets result in profit. NFTs “are far from a surefire investment” and only 1 in…
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A piece from the non-fungible token (NFT) collection by the Silk Road darknet market founder Ross Ulbricht has already fetched a bid of nearly USD 1.2m with days more to go. Ulbricht, currently in his ninth year of serving a double life without parole in a US federal prison, previously announced that his collection…
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Denmark’s Saxo Bank has released a set of 10 “outrageous predictions” for next year, among others forecasting that digital rights platforms based on non fungible tokens (NFTs) have the potential to disrupt Spotify’s robust position in the global music distribution industry. The bank explains in a statement that its predictions focus on various unlikely…
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The demand for digital land in Meta (formerly Facebook)’s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRadar. The four leading virtual worlds, The Sandbox, Decentraland, CryptoVoxels, and Somnium Space, are reporting robust land sales. … Read More: Metaverse Spurs USD 100M In…
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The infamous Silk Road darknet market founder Ross Ulbricht is set to launch his non-fungible token (NFT) auction as he enters his ninth year of serving life without parole in a US federal prison. The collection is scheduled to be auctioned between December 2 and December 8 on the SuperRare platform, according to the website of…
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The Chinese central bank’s anti-money laundering chief has spoken out about non-fungible tokens (NFTs) and metaverse projects – suggesting that there may be a need to regulate these sectors in the same manner as it polices cryptoassets. In two crackdowns (one in September 2017 and the second in September this year), the central People’s Bank…
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South Korea’s gaming regulator has reiterated its stance that games that feature tradeable non-fungible tokens (NFTs) cannot be distributed in the nation. As previously reported, in 2019, the Game Rating and Administration Committee (GRAC) refused to issue a rating to Infinity Star, a game developed by the domestic firm NodeBrick – citing NFTs as its main reasoning…. Read More: South…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ … Read More: BlockFi Ends Free Withdrawals, ‘NFT’ is Word of the Year + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
An Atari executive has hinted that crypto gaming scalability could one day eclipse all other blockchain technology-related activity combined – explaining that crypto games “could become a blockchain killer app” because “there are a lot more gamers than there are traders worldwide.”… Read More: Crypto Gaming Could Become Blockchain ‘Killer App’, Says Atari Exec Read…
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