NFT News
NFT News Wallets

How to store NFT assets — A beginner’s guide

  • by
  • February 26, 2023

If you had ownership of physical artwork worth millions of dollars, a Monet, or a Van Gogh, you would indeed spend a good amount of money and time choosing the right place in which to store it securely. The same applies to nonfungible tokens or NFTs. They are not yet considered at the same level […]

Read More
NFT News

Fungible vs nonfungible tokens: What is the difference?

  • by
  • February 26, 2023

The concepts of fungible vs nonfungible tokens are rather old in economics. Coin-like objects were traded as far back as the Roman Empire, apparently as tokens for brothels or gaming. In Medieval times, tokens called “Abbot’s money” were used by English monasteries to pay for services provided by foreigners.  Between the 17th and 19th centuries, merchants […]

Read More
NFT News

The NFT marketplace: How to buy and sell nonfungible tokens

  • by
  • February 26, 2023

Nonfungible tokens, or NFTs, are an evolution in the cryptocurrency space and a step forward in the reinvention of modern finance and other industries.  Money is fungible because there is no distinction between one dollar and another. Stocks of the same sort in the same company and commodities of the same quality are often interchangeable. […]

Read More
NFT News

Nonfungible tokens: How to get started using NFTs

  • by
  • February 26, 2023

NFTs stand for nonfungible tokens, which have rapidly become ubiquitous in the world of crypto. NFTs are non-replicable digital assets. But why is this feature of non-replicability prompting so many people who are serious about blockchain technology and cryptocurrencies to buy NFTs? Is an NFT just “an expensive JPEG,” like many of its more skeptical […]

Read More
NFT News

How to create an NFT: A guide to creating a nonfungible token

  • by
  • February 26, 2023

The term nonfungible token (NFT) usually refers to a cryptographic asset on the blockchain that represents an intangible and unique digital item like a piece of art, a photo, an in-game collectible, or a tweet that other assets cannot replace because it has a set of exceptional properties. Each NFT is unique and limited in […]

Read More
NFT News

What is an NFT and how does it work?

  • by
  • February 23, 2023

What is an NFT? The cryptocurrency community’s ability to innovate is surpassed only by its influence in setting new trends, as evidenced by the rise of NFTs. But what do NFTs stand for? NFTs refer to nonfungible tokens, which are digital objects that are verified on the blockchain and hold features such as uniqueness and […]

Read More
NFT News

You Can Now Buy These NFTs for Less Than $25 to Get A Zoom Call With Donald Trump

  • by
  • February 6, 2023

The “limited” edition NFT tickets that offer a group Zoom call with former US President Donald Trump have traded for less than $25 over the past few days. Trump released his collection of NFTs in mid-December. Called “Trump Cards,” the collection features a series of digital “cards” depicting the former president in various iconic poses and situations. […]

Read More
NFT News

NFT Marketplace Magic Eden Pledges to Refund Users Who Were Sold Fake NFTs in ‘Massive Exploit’

  • by
  • February 6, 2023

Non-fungible token (NFT) marketplace Magic Eden said that it would refund all users affected by an exploit that involved the sale of fake NFTs that were passed off as being part of verified collections.  On the morning of January 4 (PT time), the marketplace team saw “a handful” of reports saying that users were being shown unverified […]

Read More
NFT News

Nike’s NFT Brand RTFKT COO Gets Hacked, Loses Nearly $200,000 in NFTs – Here’s What Happened

  • by
  • February 6, 2023

RTFKT COO Nikhil Gopalani has fallen victim to a “clever” phishing scheme that drained almost $200,000 worth of NFTs from his wallet. In a Tuesday tweet, Gopalani said that he lost his collection of NFTs, which included Clone X NFTs and items from other collections, to a scammer in an apparent phishing attack.  As of […]

Read More
NFT News

Chinese Gov’t to Unveil Its Version of an ‘NFT’ Marketplace

  • by
  • February 6, 2023

The Chinese government has announced plans to launch its own version of a state-backed “non-fungible token (NFT)” marketplace. But Beijing won’t be using blockchain to power its platform. And it wants to do away with crypto as the marketplace’s currency – in favor of fiat. Last month, the Hangzhou Internet Court ruled that virtual items such as […]

Read More
X