Category: NFTs

Virtual Land Adjacent to Snoop Dogg’s Sandbox Estate Sells for $450K in Ethereum

Virtual Land Adjacent to Snoop Dogg’s Sandbox Estate Sells for $450K in Ethereum

The popular American rapper Snoop Dogg revealed at the end of September that he acquired land in the blockchain-based virtual metaverse The Sandbox and had plans to recreate his mansion. On December 2, The Sandbox held a “Snoopverse Land Sale,” which allowed participants to purchase land adjacent to the famous hip hop star’s virtual estate. […]

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British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes

British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes

The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your customer’ monitoring system “needs to be implemented.” RUSI: ‘NFT Technology Can Raise […]

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BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days

BCH Ecosystem Gains New NFT and Dex Platforms, TVL in Smartbch Defi Climbs 180% in 30 Days

During the last few months, the Smartbch project has swelled with numerous projects, custom tokens, and the total-value locked (TVL) in five Smartbch decentralized exchange (dex) platforms has jumped more than 180% since November 3. Smartbch Defi TVL Climbs 180% in a Month — Bitcoin Cash Universe Now Has 5 Dex Platforms Eight months ago, […]

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Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer

Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer

The crypto firm Blockchain.com is joining the slew of digital currency exchanges that have launched non-fungible token (NFT) marketplaces in recent times. On December 2, the company announced it is launching the Blockchain.com NFT marketplace, and select users can sign up for beta access today. Blockchain.com NFT Marketplace Launches Beta Access Non-fungible token (NFT) assets […]

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Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic

Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the non-fungible token (NFT) brands the Bored Ape Yacht Club, and the comic series Punks Comic. Adidas revealed last week that the company partnered with Coinbase and believes the metaverse is one of the most “exciting” developments in […]

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FTX.US adds support for Ethereum-based NFTs to its marketplace

FTX.US adds support for Ethereum-based NFTs to its marketplace

After hinting that this feature would come soon, the U.S.-based crypto exchange FTX.US now allows users to buy, sell and display Ethereum NFTs on its previously Solana-only non-fungible token (NFT) marketplace.  According to a tweet from the exchange, Wednesday marks the first time the company has allowed Ethereum NFTs onto its nascent NFT marketplace — […]

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$7.5 Million NFT Collection Accused of Using Art Without Permission Threatened by Legal Action

$7.5 Million NFT Collection Accused of Using Art Without Permission Threatened by Legal Action

While non-fungible token (NFT) assets have been extremely popular in 2021, there’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection called “Art Wars” because their original artwork was sold as NFTs without their consent. […]

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‘NFT’ Chosen as 2021’s Collins English Dictionary ‘Word of the Year’

‘NFT’ Chosen as 2021’s Collins English Dictionary ‘Word of the Year’

As 2021 nears its end, the firm Harpercollins, the publisher behind the printed and online Collins English Dictionary, has revealed “The Collins Word of the Year.” According to collinsdictionary.com, the word of the year is the abbreviation for non-fungible token, otherwise known as “NFT.” Collins English Dictionary Word of the Year Is NFT Non-fungible token […]

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AMC and Sony to Gift NFTs to ‘Spider-Man: No Way Home’ Advance Opening Ticket Buyers

AMC and Sony to Gift NFTs to ‘Spider-Man: No Way Home’ Advance Opening Ticket Buyers

The theatre chain AMC and Sony Pictures are offering NFT’s as a present for early buyers of tickets for the “Spider-Man: No Way Home” movie premiere. These tickets (and the opportunity to reclaim the gift NFTs) will only be available for users of AMC’s different subscriptions in its app (AMC Stubs A-List, Premiere, or Investor […]

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Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic

Budweiser Launches 1,936 NFT Cans, Bud-Themed Marketplace Gets Bogged Down With Traffic

The popular American-style pale lager produced by Anheuser-Busch, Budweiser announced on November 29, that the firm planned to issue a series of 1,936 non-fungible token (NFT) collectibles. Following the Bud-themed NFT market launch, the web portal experiences some hiccups. Budweiser Issues NFT Beer Can Collection — NFT Cans Give Access to the ‘Budverse’ At the […]

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