Stacks Surges After NFT Push, Samsung Next Invests in Sky Mavis
Stacks surges following push into bitcoin non-fungible token (NFT) market. Samsung Next invests US$152 million in Sky Mavis despite Korean NFT gaming ban. China crypto mining clampdown continues to bite. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
NFT Rentals: Why VCs Are Backing a Puzzling New Project
Animoca Brands is leading a $1.5 million bet on reNFT, a year-old DAO that lets you rent out NFTs on the Ethereum mainnet.
Designer Eric Hu on Generative Butterflies and the Politics of NFTs
Hu’s new NFT collection, Monarchs, pulled in around $2.5 million in a pre-sale Wednesday afternoon.
South Korea’s 20% Tax on Crypto Gains Will Take Effect in 2022: Report
NFTs appear to be exempt from the crypto taxes for now because South Korea does not classify them as “virtual assets.”
Tezos to Present NFT Exhibition at Influential Art Basel Miami Beach Show
The blockchain platform will feature NFT artworks, some interactive, and include speakers and panel discussions during the three-day event.
ESPN, DraftKings Execs Join Soccer NFT Platform Sorare Following $680M Raise
The startup has been rapidly expanding since announcing its Series B in September.
Dapper Labs Taps Chainalysis to Fight NFT Money Laundering
The creator of NBA Top Shot and CryptoKitties is working on a way to detect and prevent NFT money laundering and market manipulation.
Art Blocks Raises $6M From True Ventures, Galaxy on Strength of Generative NFTs
In an interview on CoinDesk’s “Opinionated” podcast, founder Erick Calderon explained how a crypto side hustle grew into a leading digital art project.
