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NFT

A Non-Fungible Token (NFT) is a specific kind of digital asset that serves as a representation of ownership or certification of uniqueness for a particular object or piece of content. It utilizes blockchain technology, predominantly on the Ethereum network. Unlike other tokens, an NFT possesses distinct characteristics that allow it to stand out, making each one unique and non-substitutable with another. This differs significantly from fungible cryptocurrencies like Bitcoin or Ethereum, where individual units are interchangeable with each other.

Former OpenSea Staff Charged with Insider Trading Offenses
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Former OpenSea Staff Charged with Insider Trading Offenses

Nathaniel Chastain, former Head of Product at OpenSea, has been arrested by the Federal Bureau of Investigation (FBI) for alleged insider trading.

KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration
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KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration

The Seychelles-based crypto exchange KuCoin has rolled out a decentralized product dubbed KuCoin Wallet, supporting multiple tokens trading and multi-chain aggregation.

Taiwan is Most Interested in NFTs, Says NFT Club Research
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Taiwan is Most Interested in NFTs, Says NFT Club Research

Taiwan is the country where people are the most interested in NFTs, according to research conducted by NFT Club.

Hong Kong to Host One of Asia's Largest NFT Exhibitions in June
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Hong Kong to Host One of Asia's Largest NFT Exhibitions in June

One of the largest non-fungible tokens (NFTs) exhibitions in Asia titled "ARTAVERSE" will be hosted in Hong Kong starting on June 3.

Sortium Blockchain Studio Launches 1st 3D Living NFT "Kymera"
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Sortium Blockchain Studio Launches 1st 3D Living NFT "Kymera"

Web3 technology provider Sortium Blockchain Studio has launched the first 3D living NFT called "Kymera" based on-chain DNA.

eBay Joins the NFT Space, Offering Traders a Seamless Experience
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eBay Joins the NFT Space, Offering Traders a Seamless Experience

E-commerce giant eBay has entered the non-fungible token (NFT) sector through a strategic partnership with Web3 company OneOf.

GameStop Launches Self Custodial Wallet for Crypto, NFTs
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GameStop Launches Self Custodial Wallet for Crypto, NFTs

Video game retailer, GameStop Corp is advancing its reach into the Web3.0 ecosystem with the launch of its new digital currency wallet

LimeWire to Debut Music NFTs in Partnership With UMG
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LimeWire to Debut Music NFTs in Partnership With UMG

LimeWire has tapped Universal Music Group to roll out exclusive music-based non-fungible tokens (NFTs).

Getty Images to Start NFT Marketplace with Candy Digital
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Getty Images to Start NFT Marketplace with Candy Digital

Stock photo issuer Getty Images is entering the NFT sector through a marketplace-like platform that will float in partnership with digital collectable firm Candy Digital.

Digital Payment Platform Wirex Expands Wallet Offerings with NFT Functionality
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Digital Payment Platform Wirex Expands Wallet Offerings with NFT Functionality

The new feature is set to enable Wirex users globally to track NFT collections while accessing their digital asset holdings.

"Web3.0 is Much, Much Better for Creators Than Web2", a16z Suggests
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"Web3.0 is Much, Much Better for Creators Than Web2", a16z Suggests

Renowned Venture Capital (VC) firm, Andreessen Horowitz (a16z) has shared data that shows creators have a lot of benefits when they pitch their tents with Web3.0 rather than Web2.0.

Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies
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Animoca Brands, Blowfish Studios Announces Closure of Planet Private Sale for Phantom Galaxies

Animoca Brands and Blowfish Studios announced the closure of Planet Private Sale. The Planet Private Sale for Phantom Galaxies sold 7,734 Planets and Asteroids (“Planets”), a kind of NFTs, for a total of US$19.3 million.

World's 1st Fine-Dining NFT Concept Auction to Conduct in May
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World's 1st Fine-Dining NFT Concept Auction to Conduct in May

Gourmeta, the world’s first fine-dining non-fungible token (NFT) concept, announced its NFT dining auction schedules.

Sorare Inks Partnership With MLB to Float Fantasy Baseball Game with NFT
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Sorare Inks Partnership With MLB to Float Fantasy Baseball Game with NFT

Sorare has partnered with Major League Baseball to create a fantasy baseball game featuring Non-Fungible Tokens (NFT).

Instagram to Support NFT Integration Across 4 Popular Exchange Platforms
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Instagram to Support NFT Integration Across 4 Popular Exchange Platforms

Meta Platform Inc’s social media offshoot, Instagram is reportedly on track to support Non-Fungible Tokens (NFTs) from 4 prominent blockchain protocols including Ethereum (ETH), Solana (SOL), Polygon (MATIC), and Flow (FLOW)