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 Ape, CryptoPunks, and other…
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
U.S. Accuses Former OpenSea Employee with NFT Insider Trading
Manhattan federal prosecutors have accused a former product manager at OpenSea, the biggest online marketplace for non-fungible tokens (NFTs), of insider trading. This is…
Beeple Twitter Account Hacked to Promote Scam
On Sunday, the Twitter account of the non-fungible token (NFT) artist Mike Winkelmann, also known as Beeple, was momentarily hijacked and used to promote…
Universal Music Group and Limewire Work Together on NFT and Web3 Music Licensing
Universal Music Group (UMG), the music industry behemoth responsible for Taylor Swift, Kendrick Lamar, Maroon5, BTS, and many other well-known artists, has merged with…
Metatheory, Founded by Twitch Co-Founder, Focuses on Building Web3 Games and Metaverses
Twitch co-founder Kevin Lin’s Web3 gaming and entertainment company Metatheory raised $24 million in a Series A funding round, according to a post.
NFTs Arrive on Instagram, Will Facebook Be Next?
Meta today revealed that it will start rolling out integration for NFTs on the famous internet platform, Instagram, this week, after CEO and co-founder Mark Zuckerberg’s…
PancakeSwap Announces a New Trading Competition With Over $120K in Prizes
Pancakeswap, a popular Decentralized Exchange known as an automated market maker (AMM), announced today that it would launch a new trading competition with a…
You Can Now Join the Coinbase NFT Marketplace
Popular crypto exchange platfrm, Coinbase, has announced that the long-awaited public beta of its non-fungible token (NFT) marketplace is now available. Almost 7 months…
Shanghai Residents Use NFTS to Combat Censorship
With the rise of blockchain technology, new ideas and concepts are making their way globally. Recently, the locals of Shanghai came up with a…
Australia Zoo and Meadow Labs Create Unique Collection of NFTS to Help Animals
Australia Zoo, a wildlife conservatory linked with the family of legendary conservationist Steve Irwin, has teamed up with Meadow Labs to develop a non-fungible token…
Minecraft Developers’ Proposal Against NFT Games is a Failure
Climate Replay, a group of developers from the Mojang Group, the creators of the popular Minecraft game series, published a proposal over the weekend…