Down at the very bottom of the crypto crime report the Justice Department issued last week was a request that could make it a lot harder to buy and sell NFTs. Citing examples of criminals using the sale of the popular nonfungible tokens that hold...
The Middle East and North Africa (MENA) region is one of the fastest-growing markets for the gaming industry. In Egypt, Saudi Arabia, and the United Arab Emirates (UAE) alone, about 65 million gamers generated $1.76 billion in 2021. And by 2025, those numbers are projected...
Cryptocurrencies have a lot of uses as an investment, as a currency for payments, as a store of value, as well as others. Like any investment, it’s vital to know what you’re talking about and more importantly, what the person trying to sell you something...
You’ll be shocked — shocked — to learn that a crypto lending platform that loaned out for collateral consisting of things like six-figure cartoon ape NFTs has had a liquidity crisis. BendDAO, a decentralized version of a crypto lending platform — you know, like now-bankrupt...
April 05, 2022
It’s tempting to take the U.K.’s announcement that it’s going to mint an NFT to signal the launch of new crypto policy as a sign that nonfungible tokens aren’t cool anymore. Sort of like how your mother getting a Facebook account marked the end of the social media giant’s edgy status. In other words, it […]
March 10, 2022
Nonfungible tokens (NFTs) made their mark in 2021, with sales, profits and buyers surging exponentially over 2020, according to a report from NFT data company Nonfungible.com, done in collaboration with L’Atelier BNP Paribas. The trading of NFTs last year hit more than $17 billion, up by 21,000% over 2020’s total of $82 million. Over 2.5 […]
February 16, 2022
Victoria’s Secret has applied to offer items for sale in the metaverse, which could include online clothes and digital collectibles, Coinspeaker reported Tuesday (Feb. 15). Victoria’s Secret joins a list...
