Showing news for Nft

Unlocking the Value in NFTs

August 11, 2022

At the recent Bloomberg Crypto Summit in NYC, a panel led by Managing Editor Sta...

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

July 25, 2022

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

After Corvette Failure, Automakers Tread Carefully Into NFTs

July 15, 2022

Mercedes hit all the right notes jumping into the crypto pool. At Bentley and Lo...

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

June 8, 2022

Pop Icons like Justin Bieber and Madonna have bought and promoted NFTs. They’re ...

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

April 23, 2022

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

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

April 10, 2022

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

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

April 10, 2022

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

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

April 9, 2022

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

NYSE Wants to Be Marketplace for NFTs Just Like With Stocks

February 15, 2022

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

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

February 14, 2022

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

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

February 14, 2022

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

Seemingly Ubiquitous NFTs Are Just a Sliver of Crypto Universe

February 10, 2022

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

Nike Files Trademark Suit Against StockX Over NFTs

February 4, 2022

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

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

February 4, 2022

The U.S. Treasury Department is looking more closely at potential money launderi...

John Legend to Start NFT Platform for Musicians, Entertainers

February 2, 2022

John Legend is starting an NFT platform for musicians and entertainers who are t...

How Crypto Foe China Is Embracing NFTs, With Strings Attached

January 28, 2022

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

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

January 26, 2022

IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe f...

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

January 25, 2022

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

Why Facebook and Twitter Opened the Door to NFTs

January 25, 2022

The social-media giants are taking a calculated risk by relaxing control over so...

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

January 24, 2022

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

Musk Chides Twitter for NFT-Linked Profile Pictures

January 21, 2022

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

Twitter Users Can Now Add Verified NFTs as Profile Photos

January 20, 2022

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

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

January 19, 2022

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

NFT Marketplace OpenSea Acquires Crypto Wallet Provider Dharma Labs

January 18, 2022

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

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

January 18, 2022

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

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

January 18, 2022

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

Walmart Filings Reveal Plans to Create Cryptocurrency, NFTs

January 16, 2022

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

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

January 6, 2022

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

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

January 5, 2022

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

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

October 29, 2021

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