NFT
A Closer Look at the State of the NFT Market In China
Chinese tech giant Tencent will shut down sales of digital collectibles on its non-fungible token (NFT) platform Huanhe amid growing regulatory scrutiny, according to an official statement cited by Reuters. CoinDesk Executive Director of Global Content Emily Parker discusses the latest on China's NFT marketplace and the possible implications for the global crypto industry.
Fed’s Crypto Bank Guidelines; Coinhako Planning Expansion
The Federal Reserve issues guidelines for crypto banks to tap the central banking system. Coinhako is planning an expansion in Asia Pacific region. Huobi to end crypto derivatives trading in New Zealand. Tencent’s Huanhe NFT marketplace halts sales and will offer refunds.
Yuga Labs Releases IP Rights For CryptoPunks, Meebits Collections
Yuga Labs, the company behind the Bored Ape Yacht Club, released the intellectual property (IP) rights for the CryptoPunks and Meebits non-fungible token (NFT) collections it bought earlier this year. Owners of CryptoPunks and Meebits are now allowed to use their characters in commercial or personal projects. "The Hash" hosts discuss what this means for the future of digital ownership.
Meta Rolls Out NFT Feature Across 100 Countries After Coinbase Integration
Social media giant Meta (META) has started to roll out non-fungible tokens (NFT) across 100 countries after integrating with Coinbase (COIN) Wallet and Dapper. FLOW tokens rallied on the news. “The Hash” team discusses the latest in Meta’s blockchain ambitions.
Activism in the Age of Cryptocurrency
Pussy Riot Founder Nadya Tolokonnikova joins CoinDesk's Managing Editor Ben Schiller at Consensus 2022 to discuss the role of crypto in activism and how she turned performance art and protests into NFTs.
Magic Eden COO on Ethereum Expansion, NFT Ecosystem Outlook
NFT marketplace Magic Eden is going multi-chain, integrating Ethereum-based NFTs into its previously Solana-only platform. Magic Eden’s COO and co-founder Zhuoxun Yin shares insights into the “exciting acceleration” in extending Magic Eden’s presence within the NFT and Web3 communities to “deliver the most full-featured multi-chain experience for creators and collectors.”
NFT Marketplace Magic Eden Announces Ethereum Expansion
Solana-based non-fungible token (NFT) marketplace Magic Eden is integrating Ethereum NFTs, taking another swing at OpenSea and embracing Ethereum’s top heavy NFT ecosystem. "The Hash" hosts discuss the latest in the NFT marketplace rivalry.
Flippening Ahead?; NFT Sales Fall Again
Ethereum overtakes Bitcoin in options market, prompting suggestion the flippening is imminent. Binance clarifies details of compliance efforts. Singapore court gives Vauld three months protection from creditorsNFT sales limp into July with a 25% drop from June as broader crypto slump spreads. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Putting it on the Diamond Chain: Tiffany and Co Reveals $50K CryptoPunk Pendant
Luxury jewelry brand Tiffany and Co. (TIF) is selling 250 customized, diamond-encrusted pendant necklaces for 30 ETH (around $50,000) each exclusively to holders of the famed avatar collection CryptoPunks. “The Hash” hosts discuss the significance of the luxury industry’s latest leap forward into Web3.
American Express Leads the Latest $8.4M Funding Round for NFT Platform OneOf
Sustainability-focused non-fungible token (NFT) platform OneOf has raised $8.4 million in a strategic funding round that included Amex Ventures, the venture capital arm of American Express. The credit card company will host an exclusive pop-up event that includes OneOf NFTs. “The Hash” panel discusses the outlook for corporate NFTs amid continued interest from TradFi titans.
