Showing news for Nft

August 11, 2022

Unlocking the Value in NFTs

At the recent Bloomberg Crypto Summit in NYC, a panel led by Managing Editor Stacy-Marie l...

July 25, 2022

What to Know About NFTs and the ‘Bored Ape’ Boom and Bust Cycle

Since NFTs, or nonfungible tokens, screamed into public consciousness in 2020 with million...

July 15, 2022

After Corvette Failure, Automakers Tread Carefully Into NFTs

Mercedes hit all the right notes jumping into the crypto pool. At Bentley and Lotus, the w...

June 8, 2022

Do Celebrities Have a Responsibility to Fans When Backing an NFT?

Pop Icons like Justin Bieber and Madonna have bought and promoted NFTs. They’re not oblige...

April 23, 2022

Cathie Wood Says Fed Won’t Hike as Much as Market Priced In

(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subs...

April 10, 2022

Hong Kong’s Ex-Finance Chief Tsang Joins StashAway, Gifts NFTs

Hong Kong’s former financial secretary, John Tsang, has joined digital wealth firm StashAw...

April 10, 2022

Pudgy Penguins, the Hot-and-Then-Not NFTs, Attempt a Comeback

(Bloomberg) -- Pudgy Penguins, a once hugely successful NFT project that got blown off cou...

April 9, 2022

Filmer of Ethiopia Famine Is Face of NFT to Archive African Past

Kenyan photojournalist Mohamed Amin is best known for capturing the world’s attention with...

February 15, 2022

NYSE Wants to Be Marketplace for NFTs Just Like With Stocks

The New York Stock Exchange is stepping into the nonfungible tokens market with plans to d...

February 14, 2022

U.K. Makes First Ever NFT Seizure in Crackdown on Tax Fraud

The U.K.’s tax watchdog seized three nonfungible tokens as part of a suspected case of val...

February 14, 2022

U.K. Tax Authority Makes First NFT Seizure, BBC Reports

The U.K.’s tax watchdog seized three nonfungible tokens as part of a suspected case of val...

February 10, 2022

Seemingly Ubiquitous NFTs Are Just a Sliver of Crypto Universe

(Bloomberg) -- NFTs seem to be everywhere as of late, whether being touted by celebrities ...

February 4, 2022

Nike Files Trademark Suit Against StockX Over NFTs

(Bloomberg) -- Nike Inc. accused the sneaker resale marketplace StockX LLC of minting non-...

February 4, 2022

U.S. Treasury Warns of Illicit Money Percolating in High-End Art

The U.S. Treasury Department is looking more closely at potential money laundering and the...

February 2, 2022

John Legend to Start NFT Platform for Musicians, Entertainers

John Legend is starting an NFT platform for musicians and entertainers who are trying to n...

January 28, 2022

How Crypto Foe China Is Embracing NFTs, With Strings Attached

China’s government has made clear its distaste for the free-wheeling, anti-establishment c...

January 26, 2022

Crypto, NFTs Are Rife With ‘Mountains’ of Fraud, IRS Says

IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, ...

January 25, 2022

YouTube’s CEO Says the Company Will Explore NFT Features for Video Creators

YouTube is exploring adding non-fungible token features for its video creators, Chief Exec...

January 25, 2022

Why Facebook and Twitter Opened the Door to NFTs

The social-media giants are taking a calculated risk by relaxing control over some of thei...

January 24, 2022

How Opportunists Snagged More than $1 Million in NFTs For Mere Thousands

Buyers used a loophole on the OpenSea platform to purchase the digital assets at hidden, b...

January 21, 2022

Musk Chides Twitter for NFT-Linked Profile Pictures

Tesla Inc. Chief Executive Officer Elon Musk lambasted Twitter’s development of profile pi...

January 20, 2022

Twitter Users Can Now Add Verified NFTs as Profile Photos

(Bloomberg) -- Twitter Inc. users can now use an NFT as the profile picture on their accou...

January 19, 2022

Tom Brady’s NFT Startup Gets $170 Million in Silicon Valley Funding

Autograph, an NFT platform co-founded by professional football player Tom Brady, raised $1...

January 18, 2022

NFT Marketplace OpenSea Acquires Crypto Wallet Provider Dharma Labs

(Bloomberg) -- OpenSea, the largest NFT marketplace, has acquired cryptocurrency wallet pr...

January 18, 2022

You Won’t Need Crypto to Buy an NFT on Coinbase’s Marketplace

(Bloomberg) -- Coinbase Global Inc. said it will let users make purchases on its planned N...

January 18, 2022

Soros, Winklevoss Invest in NFT Creator Now Valued at $5 Billion

Soros Fund Management and the Winklevoss twins’ venture capital firm are among investors i...

January 16, 2022

Walmart Filings Reveal Plans to Create Cryptocurrency, NFTs

(Bloomberg) -- Walmart Inc. is preparing to create its own cryptocurrency and collection o...

January 6, 2022

NFT Market Surpassed $40 Billion in 2021, New Estimate Shows

Nearly $41 billion worth of cryptocurrency was sent to two types of Ethereum smart contrac...

January 5, 2022

NFT Hype Sparks a Rush by Finance Pros to Mimic Hot Market

New funds being offered to both professionals and retail buyers claim to provide exposure ...

October 29, 2021

What’s an NFT? It’s What Makes GIFs Worth Big Bucks

In February, a 10-second video clip known as “Crossroads” by the digital artist Beeple sol...