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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.

OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization
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OpenSea Freezes Stolen Bored Apes, Sees Backlash for Lack of Decentralization

Following an apparent phishing attack, OpenSea has frozen 16 Bored Ape and Mutant Ape nonfungible tokens (NFT) owned by New York-based art curator and NFT collector Todd Kramer.

Sportium Announces Strategic Partnership with Dapper Labs
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Sportium Announces Strategic Partnership with Dapper Labs

Sportium has announced the successful close of investment from Dapper Labs with both signing an MOU as they both pursue a strategic partnership in helping Sportium fulfil its potential.

Kraken Develops NFT Trading Platform, Offering Token-Backed Loans
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Kraken Develops NFT Trading Platform, Offering Token-Backed Loans

Kraken joins the race of offering NFTs custodial services to take a piece of the pie in the $7 billion NFT market that continues soaring in popularity.

Top 5 Technology Trends that Might Shape in 2022 and Beyond
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Top 5 Technology Trends that Might Shape in 2022 and Beyond

One word that has been on the tip of the tongue of almost every second person on this planet especially since the last decade, and that has completely revolutionized the world in which we are currently living, is none other than technology.

Crypto Review 2021: Full of Uncertainty and Volatility
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Crypto Review 2021: Full of Uncertainty and Volatility

Before the end of 2021, Blockchain.News summaries serval key events and milestones that the crypto sector has witnessed this year.

Chinese State Media Agency Xinhua to Issue First News NFT Collectables
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Chinese State Media Agency Xinhua to Issue First News NFT Collectables

Amid the strict restriction of cryptocurrency activities in China, Chinese state media agency Xinhua will issue its first news NFT collectables on Friday at 8 p.m.

NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing
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NFT-collateralized Loan Platform Arcade Raises $15M in Series A Financing

Focusing on using NFT as loan collateral, Arcade raised US$15 million in Series A financing which was led by Pantera Capital, Castle Island Ventures, and Franklin Templeton Blockchain Fund.

Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC
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Crypto.com Becomes 1st Crypto, NFT Partner with Women's Professional Sports Team Angels FC

Crypto.com announced on Tuesday that it has partnered with Los Angeles' Angel City Football Club (ACFC) for exclusive rights to issue official cryptocurrencies and NFTs.

FTX US and DC Sports Leader MSE Establishes Multi-year Crypto Exchange, NFT Deals
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FTX US and DC Sports Leader MSE Establishes Multi-year Crypto Exchange, NFT Deals

Cryptocurrency exchange FTX USA announced on December 20 that it has become a cryptocurrency exchange and non-fungible token (NFT) partner with Monumental Sports & Entertainment (MSE).

Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT
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Vodafone to Auction the World's First "Merry Christmas" SMS Message as NFT

Vodafone is making its entry into the NFT ecosystem by auctioning the world’s first Short Message Service (SMS), which reads “Merry Christmas.”

Bitwise Adds Blue-Chip NFT Index Funds to its Big Bag
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Bitwise Adds Blue-Chip NFT Index Funds to its Big Bag

Bitwise has announced the launch of its Blue-Chip NFT Index Fund, a product it said will be available to accredited investors in the U.S.

Adidas' new NFT Collection Owners to get Custom Merch Access
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Adidas' new NFT Collection Owners to get Custom Merch Access

Adidas is launching its Non-Fungible Token (NFT) collection named ‘Into the Metaverse’ on December 17 as the global apparel brand looks to extend its foothold in the NFT space.

Ex-US President’s Wife Melania Trump Releases Her First NFT, Price at 1 SOL
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Ex-US President’s Wife Melania Trump Releases Her First NFT, Price at 1 SOL

Former US President Donald Trump’s wife Melania Trump released her first NFT token which will run on the Solana blockchain.

Coinbase Wallet Rolls Out Support for NFTs
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Coinbase Wallet Rolls Out Support for NFTs

Nasdaq-listed digital currency trading platform Coinbase Global Inc has expanded the support for its self-custody wallet to include NFTs.

Nike Acquires NFT Sneaker Collectibles Startup RTFKT
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Nike Acquires NFT Sneaker Collectibles Startup RTFKT

NFT platform RTFKT Studios, which integrates reality into fashion and games, announced on its official Twitter account on December 13 that it has been successfully acquired by sports brand giant Nike.