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.


Finance

Solana Commits $100M to Support South Korean Crypto Projects

The fund, created by Solana Ventures and the Solana Foundation, will focus on virtual gaming and will invest in NFT and DeFi projects.

GameFi skeptics say that these games are not fun. (Jens Schlueter/Getty Images)

Finance

DeShone Kizer: From NFL Star to NFT Trailblazer

He sacrificed a pro football career at 25 to go all-in on digital collectibles and NFTs of real-world objects. “It was very ambitious and kind of crazy,” he says. This piece is part of CoinDesk's Sports Week.

(Deshone Kizer, modified by Melody Wang/CoinDesk)

Opinion

The Meme Economy

Those who grasp the memetic nature of not only crypto, but all value, can gain immense power from understanding natural flows of meaning. This piece is a preview of a talk to be given on the Big Ideas stage at Consensus 2022.

Illustration by Melody Wang for CoinDesk

Finance

Yuga Labs Confirms Discord Server Hack; 200 ETH Worth of NFTs Stolen

The company behind the Bored Apes NFTs made the disclosure 11 hours after word of the exploit surfaced on Twitter.

Bored Ape Yacht Club NFT image (Yuga Labs, modified by CoinDesk))

Finance

GameStop Reports $76.9M in Proceeds From Sales of Digital Assets in First Quarter

The company also confirmed intentions to launch its NFT marketplace in the second quarter.

GameStop (John Smith/VIEWpress/Getty Images)

Finance

Once-Resistant Kanye West Files NFT Trademark Applications

Ye’s new filings come months after the rapper publicly criticized NFT projects.

Ye, the rapper formerly known as Kanye West, is planning to launch a token. (Edward Berthelot/Getty Images)

Policy

US Charges Ex-OpenSea Exec With NFT Insider Trading

Department of Justice officials say it's the first time they've pursued an "insider trading" charge involving digital assets.

(OpenSea, modified by CoinDesk)

Finance

Gary Vaynerchuk Files Trademark for ‘Vayner3’ NFT Consulting Arm

The firm could add to Vaynerchuk’s already influential presence in the NFT space.

Gary Vaynerchuk (Joe Scarnici/Getty Images for VaynerSports)