NFTs

Non-Fungible Tokens (NFTs) are unique digital assets verified using blockchain technology, primarily on platforms like Ethereum. Unlike cryptocurrencies, NFTs are indivisible and cannot be exchanged on a one-to-one basis, ensuring each NFT is distinct and irreplaceable, much like a physical collectible. They have gained prominence in digital art, music, gaming, and other online communities for enabling proof of ownership and authenticity of digital creations. NFTs can represent anything from artwork and music to videos and tweets.


Opinion

The Balance Between Art and IP Theft in NFT Culture

From "Squid Game" to Olive Garden, the NFT boom is an orgy of intellectual property infractions.

A scene from the MetaBirkins project home page. (MetaBirkins)

Finance

MLB NFTs on Candy Digital Clock $2.7M in Marketplace Debut

The trading volume rivals that of Dapper Labs' NBA Top Shot.

Jarred Kelenic of the Seattle Mariners hits a two-run bomb. (Steph Chambers/Getty Images)

Finance

Tom Brady’s NFT Platform Autograph Raises $170M

The funding round was led by Andreessen Horowitz (a16z) and Kleiner Perkins and included the new fund of a16z alum Katie Haun.

Tampa Bay Buccaneers quarterback Tom Brady said he hopes his NFT startup can connect brands with their fans.

Finance

JPMorgan Says Ethereum Is Losing NFT Market Share to Solana

The bank cites Ethereum's high transaction fees and congestion.

Solana's Breakpoint came at the market's previous zenith (Zack Seward/CoinDesk)

Finance

Crypto Miner Argo Diversifies Into Non-Mining Blockchain Business

The “Argo Labs” unit will be funded internally and focus on blockchain-related, non-mining projects.

(Yuichiro Chino via Getty Images)

Finance

Damien Hirst Launches Chainlink Price Index for NFT Project

Hirst’s NFT collection, “The Currency,” gets its own dedicated price index.

Damien Hirst with some of the works in his "The Currency" collection.

Finance

NFT Marketplace OpenSea Acquires DeFi Wallet Firm Dharma Labs

Dharma co-founder Nadav Hollander will serve as OpenSea's chief technology officer.

Dharma Labs team

Learn

NFT Scams: How to Avoid Falling Victim

With crypto-based scams becoming increasingly more sophisticated, it's easier than ever to fall for them. Here's how to keep your NFTs safe.

(Getty Images)

Finance

Animoca Brands Valuation More Than Doubles to $5.5B in Three Months

The investor in non-fungible token (NFT) and metaverse projects raised almost $360 million in its latest funding round.

The Animoca Brands team in Hong Kong (Animoca)