NFT News
NFT News

Chinese government-owned newspaper to launch NFT platform

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  • November 6, 2023

China Daily stated that digital collectibles sold on its platform may be bridged to the likes of OpenSea and LooksRare. News China Daily, an English-language newspaper owned by the Publicity Department of the Chinese Communist Party, wants to create its very own metaverse and nonfungible token (NFT) platform. According to a recent announcement, China Daily […]

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This platform enables NFT creation with email: Why it’s important for legal teams

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  • November 6, 2023

An award-winning Web3 platform helps law firms and insurance companies enter Web3 and protect their customers by turning email communications into blockchain-verifiable NFTs. On top of the fraud and scam issues related to crypto, NFTs also require intellectual property management. Web3 platform Niftyz aims to add legal clarity to the NFT market by using blockchain-verified […]

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Tragedy or rug pull? Inside the collapse of a ‘charitable’ NFT project

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  • October 26, 2023

Orica NFT’s charity efforts have succeeded, but its tokenholders have not, and up until now, its co-founder was nowhere to be found. Launched in November 2021, nonfungible token (NFT) marketplace Orica held itself up as an “ethical platform” benefitting artists, collectors and charities alike. At the time, the organization was involved in prominent projects — […]

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How decentralization can mitigate ‘dystopic’ artificial intelligence risks — SingularityNET exec

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  • October 23, 2023

Janet Adams said that AGIs falling into the hands of military could pose existential threats to humanity. Interview While the development of artificial general intelligence (AGI) comes with a truckload of benefits, it also comes with massive risks if the technology falls into the wrong hands. However, decentralization using blockchain technology might help prevent a […]

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Astrology NFT project Lucky Star Currency rugged for over $1M — CertiK

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  • October 23, 2023

The deployer account for LSC drained over $1 million in tokens from the project then swapped them to BUSD using PancakeSwap. The astrology-themed nonfungible token (NFT) project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an Oct. 9 report from blockchain security firm CertiK. The project’s deployer account […]

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The regulatory considerations of NFTs in the United States

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  • October 22, 2023

These days, a perennial question doing the rounds in crypto circles is – Are nonfungible tokens (NFTs) legal in the United States? Regulatory bodies around the world, including the U.S. Securities and Exchange Commission (SEC), tend to view crypto assets as a security. In the near past, NFT rules and regulations often failed to distinguish […]

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This play-to-earn game offers NFTs linked to physical items like gold

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  • October 22, 2023

The days of wasting hundreds of hours on a game and receiving almost nothing in return are over — and it’s all thanks to NFTs and blockchain technology. Blockchain gaming is going from strength to strength — underpinned by the explosion of nonfungible tokens, which continue to achieve mainstream adoption. The FRUITS Eco-Blockchain Project is […]

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NFT market slump shows it’s maturing toward ‘genuine utility,’ execs argue

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  • October 16, 2023

Decentraland Foundation executive director Yemel Jardis believes as people become more educated about NFTs, the focus will shift from speculative trading to genuine utility. Interview A steep collapse in the price of nonfungible tokens (NFTs) shouldn’t be seen as a sign of distress but rather a signal the technology is maturing, according to Web3 executives. […]

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NFTs aren’t dead — they’re just resting

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  • October 15, 2023

The market for nonfungible tokens (NFTs) might be struggling during this “NFT Winter,” but there are signs of life if you know where to look. Opinion Headlines predicting the death of Bitcoin are nothing new. Over the past decade, we’ve seen every permutation of why “Bitcoin is dead” imaginable, yet the current crypto winter has […]

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NFT artist raises $140K for cancer support charity

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  • October 2, 2023

The funds raised from the event will help 4,000 people impacted by cancer and locals who need immediate and vital support. News A nonfungible token (NFT) artist raised nearly $140,000 (114,000 British pounds) from an art event in Edinburgh, Scotland to support cancer treatment. Maggie’s Edinburgh — an institution dedicated to free cancer treatment — […]

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