NFTs are a new and exciting type of digital asset that is gaining traction in the world of cryptocurrency. But what are they, exactly? And why are they so important? Latest From The Blog…
Youtuber Exposes An NFT Scam Before Creators Can Run Away With $20 Million
Nathan Rossiter2022-02-17T21:46:28+00:00February 17, 2022|
A Youtuber going by the name Coffeezilla has unveiled a plot by NFT scammers who were planning to make a potential $20 million through illicit ways. On the 16th of February 2022, Coffeezilla released a video with a detailed description of how the scam was [...]
Crypto Assets Seized By HMRC In First Action Targeting Crypto Scams
Nathan Rossiter2022-02-14T22:15:22+00:00February 14, 2022|
HMRC has led an intense investigation into illicit activities done using NFTs. The operation ended with the three people being arrested in a £1.4million VAT fraud case. The assets resulted from an ongoing fraud that ties the three suspects into a scheme with more than [...]
NFTs Are Changing The Limits Of Art
Nathan Rossiter2022-02-14T22:04:20+00:00February 14, 2022|
Non-fungible tokens have taken over the world and have skyrocketed in value since their rise in 2021. NFTs allow you to turn everything you want, from pictures to memes and random tweets, into a unique digital asset. OpenSea, the biggest marketplace for NFTs, is worth [...]
Are NFTs More Than A Short-Term Financial Miracle?
Nathan Rossiter2022-02-14T21:55:56+00:00February 14, 2022|
Blockchain technology became popular due to the rise of cryptocurrencies, but NFTs were also an undeniable influence contributing to its sudden jump into the mainstream. The appeal of NFTs is just how convenient and accessible they are to people. Non-fungible tokens don't discriminate or limit [...]
$3 Million Loan Taken Using Two NFTs As Collateral
Nathan Rossiter2022-02-14T21:52:50+00:00February 14, 2022|
NFTs have skyrocketed in value since their rise to fame in 2021. Despite fluctuations, the massive price of many NFTs has made them secure collateral when looking for crypto loans. The case of one NFT collector, in particular, has drawn attention, they used two rare [...]
Rare CryptoPunk NFT Breaks Sales Record With Almost $24 million
Nathan Rossiter2022-02-14T21:46:33+00:00February 14, 2022|
CryptoPunks are one of the most unique and popular collections of NFTs on the art market. A rare CryptoPunk just broke records after being sold for $24 million during the weekend. The transaction is at an all-time high and is almost double the price of [...]
Nike Is Suing An NFT Marketplace For Trademark Law Infringement
Nathan Rossiter2022-02-12T23:16:55+00:00February 12, 2022|
Nike just filed a lawsuit in one online marketplace for allowing the launch of NFTs based on their brand of shoes. NFTs are an emerging trend, making many people question and discuss the role of trademark law and copyright within society. The marketplace in question [...]
Ubisoft Has Once Again Failed To Convince Workers That NFTs Are Good
Nathan Rossiter2022-02-12T22:54:44+00:00February 12, 2022|
Ubisoft has tried to enter the world of NFTs and the metaverse with full force but is facing a massive struggle by internal opposition to the change. Earlier this week, an internal message board tried to make another convincing case but failed to win over [...]
What Value Do Silicon Valley See In NFTs?
Nathan Rossiter2022-02-11T23:17:25+00:00February 11, 2022|
NFTs can be seen everywhere nowadays. From the art market places for which they were designed to their implementation in car companies, gaming companies and even real estate. Many critics have made sharp comments about the actual value of NFTs. Some skeptics claim that NFTs [...]
OnlyFans Jumps Into The World Of NFTs In The Ethereum Blockchain
Nathan Rossiter2022-02-11T22:07:30+00:00February 11, 2022|
The infamous OnlyFans is just one of many companies jumping into the most popular trend that has swept the internet by a storm. Тhe intention of the company is to use NFTs in their profile pictures system. The announcement comes with an announcement from the [...]
Backlash Forces WWF To Drop Their NFT Project
Nathan Rossiter2022-02-11T21:53:06+00:00February 11, 2022|
Facing massive backlash, the World Wildlife Fund (WWF) is stopping the sale of its NFTs. The pushback they received came from environmentalists concerned that the NFT industry, no matter the technology, will leave a significant carbon footprint. The cancellation of the NFT project follows the [...]
House Linked To An NFT Sells For More Than Half A Million USD
Nathan Rossiter2022-02-11T20:29:08+00:00February 11, 2022|
NFTs are entering every market you can think of, and real estate is no exception. Propy, the real estate startup, has sold its first property backed by an NFT. The property in question is a 2,164-square-foot house located in Gulfport, Florida. The property went through [...]
