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Topps Reveals 2022 MLB Postseason NFTs Prior to the World Series

October 28, 2022 by admin

Topps Reveals 2022 MLB Postseason NFTs Prior to the World Series

As fans prepare for game one of the World Series between Major League Baseball’s (MLB) Philadelphia Phillies and the Houston Astros, the candy and collectibles firm Topps released the company’s 2022 NOW MLB Postseason non-fungible token (NFT) collection. The MLB Postseason NFT collection is being released in three drops via the Topps NFT marketplace. …

Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform

September 10, 2022 by admin

Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform

Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across the country. Sberbank to Give Clients Opportunity to Mint NFTs An option providing …

David Bowie Estate to Drop ‘Bowie on the Blockchain’ NFTs, Sale Receives Backlash From Fans

September 8, 2022 by admin

David Bowie Estate to Drop

The David Bowie estate recently announced it is launching a series of non-fungible token (NFT) collectibles called “Bowie on the Blockchain.” Following the official announcement, however, a number of Bowie’s fans chastised the project and called it a pyramid scheme. Bowie’s blockchain collectibles will launch on Opensea on September 13, and proceeds from the …

Officially-Licensed NFT Platform OWNIC to Revolutionize Collectible Sports Cards With Dynamic NFTs

August 15, 2022 by admin

sponsored Do you have a talent for picking winners? Do you follow athletes’ careers and know who is gonna be successful? So why not benefit from that?! Upcoming NFT Platform OWNIC empowers sports fans to earn from the real world performance of the stars they pick using dynamic NFTs. It introduces a number of …

Latvian Artist Threatened With Prison for Money Laundering Through NFTs

July 26, 2022 by admin

Latvian Artist Threatened With Prison for Money Laundering Through NFTs

An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs Prosecuted for Money Laundering in …

Ice Cube’s Big3 Professional Basketball League Sells Team to a DAO for 25 NFTs

April 30, 2022 by admin

Ice Cube

Decentralized autonomous organizations (DAOs) have been acquiring high ticket items over the last 12 months and on April 28, the Degods DAO revealed it acquired a Big3 professional basketball team called the “Killer 3s.” The Big3 professional basketball league was founded by the American rapper Ice Cube and Big3 decided to sell the rights …

Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

April 25, 2022 by admin

Georgians Sell Russian Regions as NFTs to Raise Money for Ukraine

A tech innovations firm based in Georgia’s capital Tbilisi is now “selling Russia piece by piece” in the form of NFTs. The money from the collectibles, representing almost 2,500 Russian regions, will be used to help rebuild Ukraine, which was invaded by the Russian army two months ago. Georgian Project Auctions NFTs of Russian …

Game Studio Blizzard Is Polling Players About Crypto and NFTs

April 21, 2022 by admin

blizzard

Blizzard, a game studio and part of the Activision-Blizzard company, has started polling some gamers about the use of NFTs and cryptocurrency elements. The survey, which was only directed to some of its players, raised rumors about the possibility of the company introducing some of these elements into its games. However, Mike Ybarra, head …

Hollywood Has Future in Blockchain, NFTs Says Outgoing Warner Media CEO

April 7, 2022 by admin

Jason Kilar, the outgoing CEO of Warner Media, has touted blockchain as a technology that could transform the entertainment industry. He also said the tech could bring about new forms of financing. Transforming the Entertainment Industry The outgoing CEO of Warner Media, Jason Kilar, has said the future of Hollywood is in the blockchain, …

Former Exchange CEO Mark Karpeles Reveals Plans to Airdrop NFTs to Mt Gox Customers

March 28, 2022 by admin

Former Exchange CEO Mark Karpeles Reveals Plans to Airdrop NFTs to Mt Gox Customers

The former CEO of the bankrupt bitcoin exchange Mt Gox, Mark Karpeles, announced he has launched a non-fungible token (NFT) project that will give Mt Gox customers registered between 2010 and 2014 an airdropped NFT. The Mt Gox NFTs are ERC721-compatible tokens that claim to provide “specific use cases.” Former Exchange CEO Announces Commemorative …

Attacker Hacks Arbitrum’s Treasure DAO for Over 100 NFTs by Leveraging Marketplace Exploit

March 4, 2022 by admin

Attacker Hacks Arbitrum

A non-fungible token market platform built on top of Arbitrum called Treasure DAO was hacked on March 3 at 7:33 a.m. (EST), according to a post mortem analysis authored by the security-focused firm Certik. The company’s report notes that “over 100 NFTs were stolen in the attack,” as the attacker leveraged a vulnerability in …

Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs

February 7, 2022 by admin

Chainalysis

Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price of the NFTs to sell them at a higher price later. However, …

US Treasury Warns NFTs May Present New Illicit Finance Risks

February 6, 2022 by admin

US Treasury Warns NFTs May Present New Illicit Finance Risks

The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $ 35 billion in 2022 and more than $ 80 billion by 2025. NFTs May Present Illicit Finance Risks The U.S. Department of the Treasury announced Friday …

Geeking out With RPGs and NFTs: AdaQuest to Hold a Public Sale on KICK․IO

February 1, 2022 by admin

press release PRESS RELEASE. It is surprising how many NFT enthusiasts are also into role-playing games. In retrospect, it was only really a matter of time before someone combined these two passions into one. That’s why KICK.IO launchpad is excited to announce a new fun and promising project – AdaQuest, an NFT-based role-playing game. …

Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone

January 20, 2022 by admin

Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone

Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard and cryptocurrency exchange Coinbase independently announced their partnership Tuesday. Mastercard stated that the company is “Making it …

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