French Police Charges Five Over $2.5M ‘Bored Ape’ NFT Theft
French police have accused five people yesterday Wednesday on suspicion of unlawfully acquiring popular Bored Ape NFTs via a phishing scam, the total worth of which is estimated…
NFT
Latest news about NFTs
NFTs or Non-Fungible Tokens are pieces of digital art that have their ownership record on the blockchain.
In recent years their growth has been exponential and some are already being sold for several million dollars.
Almost any piece of art can be tokenized and become NFT: Images, Audios, Tweets, game objects, songs, etc.
In this section we will bring you the most important news about NFTs and their expansion.
Why this topic matters
NFT coverage tracks digital collectibles, marketplaces, gaming assets, creator economies, intellectual-property disputes, token standards and Web3 culture. The hub focuses on both market activity and the infrastructure behind ownership and trading.
Common questions
What does NFT coverage include?
Collections, marketplaces, gaming assets, creator tools, token standards, legal disputes and Web3 culture.
Are NFTs only collectibles?
No. NFTs can also represent gaming items, access rights, digital identity, tickets and other tokenized assets.
What risks are important in NFTs?
Liquidity, copyright issues, scams, smart contract risk, marketplace rules and volatility.
More from this category
Nike Has Generated $185M in Revenue from NFT Sales
It was recently revealed that Nike, the most well-known sports brand in the United States, is also the most profitable brand in the world…
Instagram Expands Access to NFTs to 100 New Countries
Following its initial test launch in May, Mark Zuckerberg, CEO of Meta, said that the firm is extending its NFT support on Instagram internationally.…
Comparitech Says Hackers Have Stolen $86 Million in NFTs This Year
A recent study conducted by Comparitech reveals that thefts of NFTs are becoming more common than they have ever been before, as well as…
Tiffany & Co. NFT Collection For CryptoPunk Holders
Tiffany & Co., a renowned luxury jewelry manufacturer founded in 1837, has launched its first NFT collection to CryptoPunk holders. The premium jewelry company…
OpenSea Cuts off 20% of its Staff Due to the NFT’s Decline
On Thursday, the non fungible token (NFT) marketplace OpenSea announced huge layoffs, following other crypto firms in cutting employment at one of the most…
Hacker Steals $1.4 Million Worth of ETH from Omni, an NFT Lender
Omni, a non-fungible token (NFT) platform was hacked for 1,300 ether (ETH) ($1.43 million) as the hacker exploited the firm’s reentrancy vulnerability protocol, according…
Three Arrows Capital Supposedly Holds $7.3 Million in NFTs
According to rumors, the NFT collection owned by Three Arrows Capital has a value of about $7.3 million and includes tokens issued by Bored…
OpenSea Attacked Again: Company’s Data Breached
In the wake of the discovery that an employee of Customer.io, a platform for managing email campaigns, exposed the OpenSea customers’ email list to…
Cristiano Ronaldo Partners with Binance Crypto Exchange in a Bid to Promote NFTs
Cristiano Ronaldo, a football player, and Binance, the largest cryptocurrency exchange in the world by trading volume, have partnered to promote non-fungible tokens (NFTs).
eBay Acquires a Leading NFT Marketplace KnownOrigin to empower a New Wave of NFT Creators and Collectors
The e-commerce giant company, eBay has acquired one of the most innovative non-fungible token (NFT) marketplaces called “KnownOrigin.”