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.


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Otherside and Apes NFTs Dominate Today’s Trades, Nansen Data Suggests

Yuga Labs’ NFT collections take first, second and third place with the most trading activity in the past 24 hours. Rocket Pool’s rETH has lost ground since Tuesday.

Yuga Labs NFTS take first, second and third spot among today's most actively traded NFTS. (James Rubin/CoinDesk)

Finance

Sports NFT Platform Stakes Raises $5.3M for ‘Digital Bragging Rights’

The platform lets users bet against each other’s sports picks, with winners minting their takes as NFTs.

(Wade Austin Ellis/Unsplash)

Finance

Coinbase Opens NFT Marketplace to All

The crypto exchange has opened the floodgates to its Ethereum-based marketplace after testing the beta version with a select group of users in April.

Coinbase share were rallying Friday. (Photo illustration by Leon Neal/Getty Images)

Finance

‘SmartMint’ NFT Tool Gives Artists Ownership of Minting Smart Contracts

The beta version seeks to solve the “intrinsic issue” of smart contract standards in NFT minting.

The tool is launching on Pastel, Ethereum and Solana. (Kevin Dooley/Flickr)

Finance

Starbucks Teases Web 3 Platform in NFT Announcement

The coffee chain says its digital collectibles will likely be chain-agnostic and come with benefits tied to its physical locations.

Starbucks NFTs? (June Andrei George/Unsplash)

Finance

Lindsey McInerney: The Metaverse and the 'DIC Punch'

On building Stoner Cats and Gimmicks NFT franchises.

(Lindsey McInerney, modified by Kevin Ross/CoinDesk)

Analyses

An Ape Ain’t Free: In Defense of Ethereum’s Fees

Pick your poison: low fees on a chain that could collapse when transaction demand outstrips blockspace (Solana), or unpredictable, sometimes very high fees on a stable chain (Ethereum).

(Bored Ape Yacht Club, modified by CoinDesk)

Finance

Matt Medved: The Four Factors That Make NFTs Successful

The cofounder of NFT Now on distinguishing between hits and rugpulls. Medved is a speaker at CoinDesk's Consensus festival in June.

(Matt Medved, modified by Kevin Ross)

Juridique

SEC to Add Staff as It Ramps Up Anti-Crypto Scam Efforts

The U.S. securities regulator plans to hire another 20 people to police coin offerings, non-fungible tokens and decentralized finance.

SEC logo

Finance

VanEck Releases First NFTs, Promising Early Access to Research

The asset management firm is releasing 1,000 non-fungible tokens with varying levels of access to special benefits and community.

VanEck's NFT collection is based around a series of memes featuring a character modeled after Alexander Hamilton named “Hammy.” (Maya/Flickr)