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…
NFTs Could Be Used For Money Laundering Warns the US Treasury Department
Nathan Rossiter2022-02-05T19:39:29+00:00February 5, 2022|
A report released by the United States Department of Treasury claims a connection between non-fungible tokens (NFTs) and money laundering schemes that occur through the art market. The Argument Raised By The Treasury Тhe treasury recognizes that NFTs offer a new opportunity for exploring creativity [...]
WWF Faces Criticism Over Plans to Sell Eco-Friendly NFTs
Nathan Rossiter2022-02-05T17:24:08+00:00February 5, 2022|
The WWF has announced the launch of their non-fungible tokens (NFTs) to gather funds and raise awareness for protecting endangered species. The organization hopes to ride the wave of popularity that NFTs are enjoying by creating a unique collection of digital art pieces and experiences. [...]
Wash Trading and NFTs: Traders Buying Their Own NFTs To Increase Price
Nathan Rossiter2022-02-05T17:13:07+00:00February 5, 2022|
According to a report released this week by blockchain data firm Chainalysis, users are buying their own NFTs to drive up prices on the NFT market. The act of purchasing and selling securities to deceive the market, known as "wash trading," was previously popular on [...]
Justin Bieber Joins The Bored Ape Yacht Club With $1.3 Million Purchase
Nathan Rossiter2022-02-01T11:54:40+00:00February 1, 2022|
Justin Bieber is one of the latest celebrities to join the Bored Ape Yacht Club. We reported on Eminem joining the club a few weeks ago with a purchase price of almost $500,000, but Justin Bieber's purchase was for an incredible $1.3 million dollars! Justin [...]
NASA Say They Don’t Want Their Images Being Used For NFTs
Nathan Rossiter2022-01-30T19:32:56+00:00January 30, 2022|
Despite the growing popularity of NFTs, and the number of major brands and platforms such as Twitter, Facebook, Reddit, and YouTube getting on board with NFTs, NASA has revealed that they are not interested in their content being used as NFTs. This is an important [...]
Reddit is entering the NFT space by testing out NFT profile pics
Nathan Rossiter2022-01-27T13:05:48+00:00January 27, 2022|
We have seen Twitter incorporate NFTs into their platform, YouTube have recently announced that they are looking for ways to incorporate NFTs for their content creators, and now Reddit is making the leap into NFTs too by testing out NFT profile pictures on their platform. [...]
YouTube Is Exploring NFT Features For Video Creators
Nathan Rossiter2022-01-26T14:09:33+00:00January 26, 2022|
Google is set to make its first serious foray into crypto collectibles with YouTube. CEO Susan Wojcicki announced that they are exploring adding non-fungible token (NFT) features to their platform for it's video content creators. While Wojcicki didn't give any details on the exact plans [...]
An OpenSea Bug Allows Attackers To Purchase Valuable NFTs With Huge Discounts
Nathan Rossiter2022-01-26T13:13:40+00:00January 26, 2022|
A bug on OpenSea, the non-fungible tokens (NFT) marketplace has allowed a number of attackers to purchase several high value NFTs with a massive discount and then sell them on making huge profits. The bug was discovered as early as December 31st, 2021, and allowed [...]
How A 22 Year Old Made $1 Million Selling NFT Selfies
Nathan Rossiter2022-01-23T20:49:29+00:00January 23, 2022|
A young 22 year old Indonesian college student has become one of the latest NFT millionaires by selling a collection of his selfies on the OpenSea marketplace. Sultan Gustaf Al Ghozali is a computer science student from Semarang, Indonesia, and he recently converted and sold [...]
Eminem Joins the Bored Ape Yacht Club with $450k Purchase
Nathan Rossiter2022-01-23T13:24:22+00:00January 8, 2022|
Eminem, the legendary rapper from Detroit is one of the latest celebrities to become part of the Bored Ape Yacht Club (BAYC). On Thursday, December 30th, Eminem purchased one of the Ethereum-based Apes for 123.45ETH ($452,000). Not long after the purchase, he quickly updated his [...]
