Non fungible token

In a recent tweet, Nassim Nicholas Taleb, author of “Black Swan,” criticized the investment in Non-Fungible Tokens (NFTs), calling it a sign of a “mental deficit” The tweet was posted on Wednesday. What Happened: Taleb, in his tweet, argued that NFTs are a poor investment...

Former United States President Donald Trump’s NFT collection has experienced a surge in trading volume and sales, with data from OpenSea showing a staggering 300% increase in sales within the past 24 hours. What Happened:  Not only that, but the volume of trading has also increased by...

Tom Lehman, the co-founder of music website Genius.com, has launched a new protocol, “Ethscriptions,” allowing Ethereum (CRYPTO: ETH) users to create non-fungible tokens (NFTs) and other digital assets on the blockchain.  What Happened: The protocol, launched on June 17, is similar to...

NFT scams are becoming increasingly rampant within the crypto-art sphere, with more and more bad actors looking to exploit the good intentions of others for personal gain.  What Happened: Hopeexist1, a self-proclaimed pixel artist, is one such individual who has recently been accused of such...

A series of Bored Ape Yacht Club (BAYC) loan liquidations on NFT liquidity pool BendDAO could wipe out the entire NFT market, warned pseudonymous crypto analyst “doubleQ." What Happened: BAYC holders that deposited their NFTs on BendDAO in exchange for short term Ethereum (CRYPTO: ETH)...

Decentralized NFT marketplace OpenSea addressed its policy regarding the sale of stolen items on its platform. What Happened: In a series of tweets on Thursday, OpenSea said it plans to incorporate user input in preventing the sale of stolen NFT. 2/ Our policy is designed to keep our...

Dogecoin (CRYPTO: DOGE) co-creator Billy Markus said he would rather see NFTs embrace being “useless” collectibles than try to become “useful investment opportunities.” What Happened: In a series of tweets on Tuesday, Markus said he doesn’t believe that NFTs are useful...

A “protest” took place outside of the ongoing NFT.NYC conference in New York on Monday.  What Happened: People holding placards proclaiming Ethereum (CRYPTO: ETH) co-founder as the anti-christ and “God Hates NFTs” were seen at the mock event. People could be seen...

The new season of Netflix Inc’s (NASDAQ: NFLX) ‘LOVE, DEATH + ROBOTS’ (LDR) features a scavenger hunt for nine hidden QR codes.   What Happened: LDR’s official Twitter account tweeted “the hunt begins” as season 3 of the David Fincher-produced adult...

Analysts at Morgan Stanley have said that non fungible tokens (NFTs) could be the next area of concern in the cryptocurrency space following the collapse of Terra’s (CRYPTO: LUNA) stablecoin TerraUSD (CRYPTO: UST). What Happened: In a research note...

Indian cricket non-fungible tokens (NFTs) platform Rario raised $120 million in fresh funding led by Dream Capital, the investment and mergers and acquisitions (M&A) arm of sports technology company Dream Sports. The strategic partnership would give Rario access to the 140 million user base of...

Starbucks Corp (NASDAQ: SBUX) plans to get into the non-fungible token (NFT) business before the end of the year. What Happened: Speaking at an Open Forum on April 4, Starbucks CEO Howard Schultz said “Sometime before the end of this calendar year, we are...

ApeCoin (CRYPTO: APE) has re-emerged as the most traded cryptocurrency by the 1,000 biggest Ethereum (CRYPTO: ETH) wallets in the past 24 hours, as at press time late Wednesday. What Happened: ApeCoin was also ranked sixth among the ten most-purchased tokens and stood seventh among the most...

A non-fungible token (NFT) collection inspired by Will Smith slapping Chris Rock at the Oscars sold $45,000 worth of NFTs on Tuesday. What Happened: An NFT collection titled “Will Smith Slap Dao” on decentralized marketplace OpenSea has recorded 13.7 Ethereum (CRYPTO: ETH) or $45,000...

ApeCoin (CRYPTO: APE) continues to be the most traded cryptocurrency by the 1,000 biggest Ethereum (CRYPTO: ETH) wallets for the fifth straight day. What Happened: ApeCoin was the most traded token in the past 24 hours, as at press time late Thursday, according to data from cryptocurrency data...