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.


Markets

Fascism on the Blockchain? The Work of Art in the Age of NFTs

The same fascistic tendencies Walter Benjamin saw in the rise of mass media are at play in the NFT "revolution," too, culture critic Jonathan Beller writes.

Walter Benjamin wrote “The Work of Art in the Age of Mechanical Reproduction” while the Nazi Party was consolidating power in the 1930s.

Videos

Crypto Wallet Metamask Reports Record-Breaking Adoption

Jacob Cantele of cloud-based wallet Metamask on its growth, fueled in part by the NFT boom. Plus, more on its new mobile swaps product, how the company makes money and plans for the future.

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Videos

Tether Will Evolve and Become More Transparent or It Will Be Supplanted: Tether Co-Founder William Quigley

Tether co-founder William Quigley joins "First Mover" to discuss his new NFT-focused venture. Calling for audits and more transparency by Tether, Quickly also answers questions that remain following the New York Attorney General's case involving Tether, the world's largest stablecoin by market value.

Recent Videos

Finance

Tron's Justin Sun Wins $6M Beeple in 'Green' NFT Auction

CarbonDrop, the three-day NFT auction, raised a total of $6.66 million for the Open Earth Foundation.

A screenshot of Beeple's "OCEAN FRONT"

Finance

Teller Finance's Mainnet Launch Puts NFTs to Work – But Not How You Expect

Collectibles meet liquidity provision as Teller Finance brings unsecured lending to DeFi via fintech giant Plaid.

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Finance

Time Magazine Lists 'Comfort With Bitcoin' as Qualification for New CFO

The LinkedIn job posting shows awareness of cryptocurrencies is penetrating the C-suite in a way that would have been unthinkable a year ago.

Time Inc. office building, New York

Markets

Market Wrap: Bitcoin Near $56K, Struggles With Flat Activity on Exchanges

As of March 21, there were fewer than 2.44 million BTC available on exchanges, the lowest amount since August 2018.

CoinDesk Bitcoin Price Index

Finance

Non-Fungible Tokens and the New Patronage Economy

Non-fungible tokens don’t have to be more than niche to have a big impact on the economics of art, says RMIT's Chris Berg.

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Markets

The Node: NFTs Made It to ‘Then They Mock You’ Even Faster Than Bitcoin Did

When rarefied art critics sneer at non-fungible tokens, it’s not about art. It’s about instructing the in-group what they should and should not care about.

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Markets

Jack Dorsey's First Tweet Sells for $2.9M

The auction for the March 2006 tweet by the Twitter co-founder closed Monday.

Jack Dorsey speaks at Consensus 2018