We have covered NFTs extensively on our website, their uses, applications, and their shortcoming. To some, they are nothing but scams, ultra-rich people’s hobbies, or greedy maneuvers by big companies and celebrities to siphon even more money out of the common person. To others, they represent a beautiful future of financial freedom, community, and economic […]
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If you are going into the Non-Fungible Token (NFT) space as an investor or interacting on the internet for the past few years, you know that the NFT space is full of scams. For those new to the term, rug pulls are NFT projects that promise big and disappear with investors’ money. Whether you believed […]
A group of Taiwanese puppeteers are looking to use non-fungible tokens, or NFTs, to help bring their traditional art form into the modern era and keep it relevant for a new audience. NFTs are crypto assets representing a digital item such as an image, video, or even land in virtual worlds, with prices of some […]
Ukraine started auctioning off a collection of non-fungible tokens (NFTs) on Friday in an expansion of a cryptocurrency fundraising push that Kyiv says has already collected more than $65 million for its war effort. The ‘Meta History: Museum of War’ collection is a series of digital images – including silhouettes of warplanes, screengrabs of news […]
It can be rather difficult to find upcoming non-fungible tokens(NFT) projects before the mint is done, which could be in a matter of seconds if your internet or fingers are not the fastest. It would be ideal for most people to catch the mint, buy the NFT at the lowest price, sell it for whatever […]
Meta CEO Mark Zuckerberg disclosed that Non-fungible tokens (NFTs) would be coming to Instagram “in the near term” titled “Into the Metaverse: Creators, Commerce, and Connection” during this year’s South by Southwest (SXSW) conference. NFTs have been at the center of media platforms and social networks, and it is a growing area of interest for some […]
BinSina is among the top first brands to have started into this space in honor of the UAE’s 50th anniversary, celebrated on December 2nd last year. In parallel, restaurant firm Buffalo Wild Wings started selling three non-fungible tokens (NFT), dubbed NF-OTs, to mark the fifth anniversary of the only Super Bowl for having been decided […]
On Saturday, a hacker stole non-fungible tokens (NFT) worth more than $1.7 million from users from OpenSea, applying a phishing attack, which got him to steal 254 NFTs, including Decentraland and Bored Ape Yacht Club (BAYC) tokens. The attacker fooled the targets into signing a partial contract which gave the attacker complete control, meaning signing […]
Her Majesty’s Revenue and Customs (HMRC), the British tax department, revealed it has seized in a $1.9 million fraud case an NFT, leading to the arrest of three individuals. The concerned authorities managed to seize around $6,760 (£5,000) worth of cryptocurrency assets, in addition to three non-fungible tokens (NFT) artworks. This comes at a time […]
The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted most transactions because people were selling tokens of content that did not belong to them, its founder said, calling this a “fundamental problem” in the fast-growing digital assets market. Sales of NFTs, or non-fungible tokens, soared to around $25 […]