NFT
How NFT Technology Could Be Used in Consumer Banking
NFT marketplace Rarible and the core developer behind Metal Blockchain are teaming up to look into the development of compliant digital ownership solutions for the banking and fintech industries. Metallicus CEO Marshall Hayner and Rarible co-founder Alexander Salnikov join "First Mover" to discuss how applications of NFT technology be used in consumer banking.
Candy Digital Partners With Getty Images for Spooky Physical and Digital Art Collection
Ghost in the Machine is the fourth initiative in a partnership between Candy Digital and Getty Images. Candy Digital Chief Creative Officer Straith Schreder joins "First Mover" on the Day of the Dead to discuss the partnership and the NFT collection inspired by paranormal activity. Plus, insights on sales and trading volumes across the digital collectibles market.
Hi's Mastercard Debit Card Adds Option to Spend Sandbox's Token SAND
The hi debit Mastercard already allows users to spend bitcoin, ether and USDT.
U.K. Group Calls for NFT Copyright Infringement Safeguards and Code of Conduct
The Culture, Media and Sport Committee, which includes representatives from several U.K. political parties, started an inquiry into non-fungible tokens in November.
NFT Brand Pudgy Penguins Debuts Toy Collection in 2,000 Walmart Stores
Each toy provides access to Pudgy World, a multiplayer digital social experience, which could help improve visibility and users of the Pudgy Penguin brand.
95% of NFTs May Now Be Worthless, Report Suggests
Most non-fungible tokens (NFTs) may now be worthless, less than two years after crypto's most recent bull run, a report by dappGambl suggests. The recent study is based on data provided by NFT Scan and CoinMarketCap and examined more than 73,000 NFT collections found that over 95% of them had a market cap of 0 ETH. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
NFT Platform ImmutableX's IMX Token Surges This Week, Upbit Leads Volume Growth
IMX, the native token of NFT platform ImmutableX, surged on Thursday to as high as 74 cents, before retreating. The IMX-Korean won (IMX/KRW) pair listed on South Korea's Upbit exchange accounted for nearly 20% of the global activity. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
A $27M Crypto Loss Reveals a Toxic Mix of Money-Hungry Traders and DAO Idealists
It wasn't only the $90,000 spent on naming rights for a rare Ecuadorian frog species that turned off members of this decentralized blockchain-powered community project; some savvy arbitrageurs just wanted their share of the project's treasury.
LimeWire COO on BlueWillow Acquisition: AI Is a 'Great Tool' to Enable Creators
LimeWire is making a splash into artificial intelligence, after acquiring AI generation platform BlueWillow. LimeWire Chief Operating Officer Marcus Feistl discusses the the tech firm's AI ambitions, its second-life as an NFT marketplace, and legal considerations of content licensing.
Legal Expert Explains NFT Resale Royalties in Wake of Stoner Cats Creator Fine From SEC
Leichtman Law PLLC managing partner David Leichtman discusses the significance of resale royalties for NFT (non-fungible token) creators in the wake of the SEC cracking down on the creator of Stoner Cats. The more you suggest to the purchasers that "the benefits will be of investing in it as opposed to just trying to get your content out there, then the closer to that line you are going to be," Leichtman said.