Category: NFTs

Facebook and Instagram Activate NFTs for US Users

Source: AdobeStock / Romain TALONSocial media giant Meta has announced that everyone in the US using its Facebook and Instagram platforms can now connect their wallets and share their “digital collectibles.” Per the announcement made on Thursday, this includes the ability for people to cross-post non-fungible tokens (NFTs) – or “digital collectibles” as they are…

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How and Why Are NFTs Changing the Music Business?

NFTs have been a key resource for the expanding music industry, especially for emerging artists and upcoming music festivals. But how exactly have NFTs changed the music business? NFT FundingNumerous artists and music festivals require funding for their projects. These entities have used NFTs to offer value to their supporters and provided a convenient platform…

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California Governor Vetoes ‘Premature’ Crypto Bill, Russia to Use Digital Ruble w/ China by Next Year, a Debit Card Enables NFT Avatar Customization + More News

California (USA) Governor Gavin Newsom. Source: a video screenshot, NBC Bay Area / YouTubeGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Regulation newsCalifornia (USA) Governor Gavin Newsom has vetoed a statewide bill that would have established a regulatory framework for…

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Is Disney About to Make its Big Crypto Move into NFT, Metaverse and DeFi?

Source: AdobeStock / Acento CreativoThough it wouldn’t be its first step in this direction, there is yet another suggestion that the media giant the Walt Disney Company may be gearing up for a major move into the realms of the metaverse, non-fungible tokens (NFTs), and decentralized finance (DeFi). Disney is looking to hire a transaction…

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Ethereum Price Struggles but These NFT Prices Are Pumping

Source: UnsplashThe price of Ethereum’s native token ETH may be struggling, but some NFTs are flying high in the market following the network’s highly anticipated transition to proof-of-stake. The NFT collections that seems to have enjoyed a boom in popularity over the past week include Bored Ape Yacht Club, RENGA by DirtyRobot and Gods Unchained,…

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Quentin Tarantino, Miramax Settle Lawsuit Over Pulp Fiction NFTs

Source: Adobe/Kate  American director Quentin Tarantino’s venture into the non-fungible token (NFT) sphere, with an offer of handwritten pages from the screenplay of his 1994 blockbuster  Pulp Fiction and related drawings, can move forward as the artist and movie production company Miramax have settled a lawsuit the firm filed against Tarantino last year. Lawyers for…

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Lucky Block Beats Other NFT Competition Platforms like NFT-Competitions

The non-fungible token (NFT) market has reported tremendous growth during the past year. Multiple NFT competition platforms have also sprouted during this time, with one of them being Lucky Block. Lucky Block is one of the largest NFT competition platforms powered by the LBLOCK token. Lucky Block proves superior to other NFT competitions platformsNFT Competitions…

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LG Taps Hedera Hashgraph for NFT Platform, Tests Crypto Wallet

Source: Adobe/S_ESouth Korean tech giant LG Electronics has tapped into the Hedera Hashgraph (HBAR) network to bring NFTs to television screens and is also testing a crypto wallet. LG has released its NFT marketplace called LG Art Lab, available in the US on the company’s TVs running the webOS 5.0 operating system or later. The…

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US Inches Towards Bitcoin & Ethereum Accounting Clarity, Leaving NFTs and Stablecoins for Later

Source: Adobe/Philip SteuryIn a bid to develop transparent accounting rules for digital assets, the US Financial Accounting Standards Board (FASB) has revealed what assets the industry body will include in its crypto rule-making project, leaving NFTs and certain stablecoins outside its scope. After years of being asked by businesses and investors to take a position…

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Plant a Tree In-Game, You Plant It IRL: New Metaverse, NFT Game Where Real-World Actions Mirror Digital Ones Launches in 2023

Source: AdobeStock / robu_sBlockchain company Alóki has bought 750 acres of land in Costa Rica and is building a new play-to-own metaverse which is nearing its launch. As awareness of the need to cut greenhouse gas emissions is rising across the world, Alóki is developing a project to allow users to contribute to sustainable development…

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Coinstar/Coinme Add More Coins, Bitfinex Preps for ETH Fork, Philippines Approves Two Digital Banks, Nomad Bridge Hackers are Offered NFTs + More News

Source: AdobeStock / TOimagesGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.  __________ Exchange newsThe US-based Coinme exchange has announced the opening of cash-based onramps for six cryptoassets in addition to bitcoin (BTC) through Coinstar kiosks across the US. The newly added…

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