non-fungible tokens

A leading ticketing company has had its share of negative news over the last year related to fans not being able to get tickets for top acts. A solution could now be available, and it involves non-fungible tokens. What Happened: Ticketmaster made headlines for its site crashing due to demand from...

Video game giant Sony Group Corp (NYSE: SONY) has more patents related to non-fungible tokens (NFTs) up its sleeve.  What Happened: As the owner of the PlayStation video game consoles and several video game studios, Sony is one of the leading companies in the video game sector. While...

Non-fungible tokens (NFTs) may be taxed on par with other collectibles, such as fine wine or works of art, according to a recent document published by the U.S. Internal Revenue Service. This move could impact taxpayers who have included NFTs in their retirement plans. The proposed guidance is...

The NFT-ticketed conference VeeCon is returning for a second year in May. The event founded by entrepreneur Gary Vaynerchuk has announced a portion of the highly anticipated speakers for the event and is sharing a second round Friday of company executives, artists, media personalities and...

PLBY Group (NASDAQ: PLBY), the parent company of Hugh Hefner's Playboy, reported an impairment loss of $4.9 million on its Ethereum (CRYPTO: ETH) holdings. What Happened: The company accepted Ethereum as payment for the “Rabbitars” non-fungible tokens, or NFTs, that were...

One of the biggest video game brands of all time could be the latest company to explore the use of non-fungible tokens in games or as a way to boost its connection with fans. Here’s the latest. What Happened: One of the bestselling video game brands of all time is Pokémon, which was...

One of the leading children’s brands worldwide is stepping into the world of non-fungible tokens. The move could be met with backlash and mocked, but also provide some teaching lessons for children along the way. What Happened: Sesame Workshop, owner of the iconic Sesame Street brand, is...

Non-fungible tokens linked to Ethereum co-founder Vitalik Buterin quickly soared in value on Wednesday after NFT traders and collectors found more details about the collection. What Happened: Over the past two years, NFT collections have been launched by Web3 startups, existing brands,...

There's been ongoing speculation that leading ecommerce company Amazon.com Inc (NASDAQ: AMZN) may get more heavily invested in the Web3 space. Here’s a look at the latest rumor involving an NFT marketplace and upcoming launch. What Happened: Fresh off the heels of a January report...

Former President Donald Trump made headlines in late 2022 when he revealed a non-fungible token collection. The NFTs were widely criticized, but also saw huge demand from fans and collectors. Here’s how much an investment in the NFTs would be worth today. What Happened: Trump announced the...

The non-fungible token (NFT) market is seeing a surge in trading volumes, with February recording the highest numbers since May 2022, according to DappRadar's latest industry report. What Happened: The data platform revealed NFT trading volumes reached $2 billion, with much of the growth...

Three Japanese banks are set to conduct a stablecoin experiment using a payment system that complies with legal requirements. Tokyo Kiraboshi Financial Group, The Shikoku Bank, and Minna no Bank plan to issue and remit stablecoin-type electronic money on Japan Open Chain through a system developed...

The legend of Yuga Labs continues to grow in the non-fungible token space. The game “Dookey Dash” was played more than 7.5 million times by people who owned Sewer Pass NFTs, all competing for the legendary Dookey Dash Key. Only one person won and they have now sold the winning prize....

New YouTube CEO Neal Mohan is looking at ways to integrate Web3 technology and make the video platform more immersive, according to Decrypt. “We believe new technologies like blockchain and NFTs can allow creators to build deeper relationships with their fans,” Mohan wrote in a 2022...

The liquidators of Three Arrows Capital, a now-defunct hedge fund, have announced plans to sell some of the firm's nonfungible tokens (NFTs) as part of recovery efforts. In a notice published on Wednesday, Teneo Senior Managing Director Christopher Farmer stated "the purpose...