The head of a leading South Korean cryptocurrency exchange has recently promised that its non-fungible tokens featuring the world-famous K-pop band BTS will be minted by “low carbon, eco-friendly” technology after receiving backlash from environmentally
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Itch, the open source gaming platform, on Sunday criticized non-fungible tokens (NFTs) as a get-rich-quick scam targeted at exploiting creators of digital artistic content. “NFTs are a scam”, Itch.io alleged, in a loaded tweet. “If you believe
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Genopets is a play-to-earn (P2E) game being built on the Solana blockchain. It aims to incentivize players to better take care of their minds and body through the clever use of blockchain technology and progressive gameplay mechanics. The game
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A new report by the United States Department of the Treasury has revealed that the burgeoning non-fungible token space could be a conduit for money laundering. He states in the report that the increasing use of digital art as
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Benedetto Vigna – CEO of Ferrari – felt that the blockchain and NFT industry are niches that “deserve some attention”. As such, the executive hinted that the luxury sports car maker may continue its cryptocurrency
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Last week, Nike (NYSE:NKE) filed a lawsuit for trademark infringement against sneaker resale giant StockX for selling its “Vault” NFTs without authorization. In the federal lawsuit filed Thursday last week, Nike alleges that StockX was
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The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bowl LVI in Los Angeles. The
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The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted
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Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two
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The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised
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