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.
Major Fat Finger Error as BAYC NFT Acquired for $3K Instead of $300K
A major “fat finger” transaction error in the growing blockchain world took place over the weekend with a Bored Ape Yacht Club (BAYC) NFT mistakenly listed for 0.75 ETH instead of 75 ETH.
Pepsi Launches Genesis NFT Collection to Celebrate Anniversary
Beverage giant Pepsi announced the brand would launch nearly 2,000 NFTs to celebrate the anniversary.
Virtual Assets Investment Opens Opportunity to H.K. Residents, While Adrian Cheng Invests in Sandbox
As residents in Hong Kong struggle to purchase physical property, The Sandbox's virtual assets could be a lucrative investment opportunity for many.
Palm NFT Studio Receives $27M in Series B Financing Led by Microsoft M12
Palm NFT Studio, co-founded by ConsenSys founder and Ethereum co-founder Joseph Lubin, received a total of US$27 million in Series B financing led by Microsoft-led venture fund M12.
Ubisoft Launches Digits, the First AAA-level Game Energy-saving NFT
Video game developer and publisher Ubisoft launches its own NFT called Digits on its Ubisoft Quartz NFT platform, stepping into the field of encrypted NFT.
Defiance ETFs' NFT-Linked ETF Soon to Launch in the U.S.
Defiance ETFs' Defiance Digital Revolution ETF (ticker NFTZ) is launching on Thursday and will track blockchain-related firms and the NFT index.
Hip-hop legend Snoop Dogg’s first NFT drops on SuperRare
Hip-hop legend Snoop Dogg’s first NFT collaboration with digital multimedia artist Coldie was minted on SuperRare.
New Art Landscape of NFT Shaping in Hong Kong
【Feature】Although Hong Kong's art scene is already booming lucratively with galleries and auction houses showcasing world-class art pieces, the city is on its way to adding another milestone on its journey with non-fungible tokens (NFTs).
WildWorks Joins Crypto Games, Launching Tokenized Avatars and Virtual Worlds in Jan
Interactive game company WildWorks said it will enter the field of encrypted games and establish a new department focused on the development of the NFT virtual game community.
United Arab Emirates to Issue its First NFT-Backed Stamps
The United Arab Emirates, through the Emirates Post Group (EPG), is set to launch the region’s first Non-Fungible Token-backed postage stamps.
Jack Dorsey Resigns as Twitter CEO, Paving Room for New Ventures to Crypto Business
Twitter co-founder Jack Dorsey has confirmed his resignation as the CEO of the company, leaving room for speculations on his next move and the role crypto will feature in it.
Despite Threats of Ban, Russians Transact Over $5B in Crypto Annually: BOR
A new review on financial stability published by the Russian apex bank on Thursday showcases that the crypto savvy population in the country has transacted more than 350 billion rubles, or $5 billion.
Axie Infinity Sells a Genesis Virtual Land Slot for 550 ETH
The most expensive virtual real estate in the Non-Fungible Token metaverse worth 550 ETH has just been sold by Axie Infinity.
Africa Blockchain University Partners with YIELD App to Enhance NFT Education
African artists are set to be enriched about the value they can get from the booming non-fungible tokens sector.
Collins Dictionary Names "NFT" as the Word of the Year
As 2021 is coming to an end. A trending term of "NFT" has now been named "the word of the year" by Collins Dictionary, with blockchain-focused words Crypto and Metaverse also ranked high.