NFT

BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock
Ahead of its token unlock this week, BLUR – the native token for the non-fungible token (NFT) exchange with the same name – has slid roughly 4% in the past 24 hours to 31 cents, performing worse than the rest of the market as reflected by the CoinDesk Market Index. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Snoop Dogg Drops New NFTs That Evolve With His Tour
Rapper and entrepreneur Snoop Dogg has launched a new non-fungible token (NFT) collectible series that will evolve in utility as he goes on tour this summer. Transient Labs, Inc. Chief Operating Officer Chris Ostoich joins "The Hash" to discuss the legendary rapper's new 'Passport Series' NFT drop.

Digital Art Collective Wildxyz Introduces Curatorial Board to Grow Experiential Art Program
The 10 artists, including Deafbeef, Casey Reas and Harm van den Dorpel, will advise the platform’s artist residency program.

‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown
After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support.

Louis Vuitton to Release $42K Worth of Physical-Backed NFTs
French luxury fashion house Louis Vuitton is gearing up to release its new physical-linked non-fungible token collection called Via Treasure Trunks, paving the way for exclusive members-only products and experiences. "The Hash" panel reacts to the NFT launch.

How AI is Transforming Music Creation in Web3
If the viral Drake deep-fake brought you to this article, welcome to the fascinating (and admittedly spooky) side of how the Web3 music world is embracing artificial intelligence.

Louis Vuitton To Release $39,000 Physical-Backed NFTs
According to a Vogue Business, the Via Treasure Trunks are being sold as soulbound tokens, meaning they are non-transferable once purchased.

67% of New NFTs Minted Are Profitable: Nansen Data
According to Nansen data, 67% of new non-fungible token (NFT) mints in May are profitable. Separately, Dune Analytics notes a declining number of monthly active traders this year on Opensea, the largest NFT marketplace, amid increased weekly volume on Blur, an NFT platform geared towards professional traders. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Exploring the Dangers Of NFT Influencer Culture
A non-fungible token (NFT) charity scam surrounding the Pixel Penguins collection is illuminating the potential dangers of NFT influencer culture. "The Hash" panel discusses the scam and the lessons learned.

Sotheby’s to Auction Off More NFTs Seized From 3AC, Including Landmark Dmitri Cherniak Work
Sotheby's is set to auction off more non-fungible tokens (NFTs) seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing high-value NFTs like Dmitri Cherniak's Ringers #879 (often referred to as "The Goose") out from the vault for the first time since 2021. "The Hash" panel discusses the latest move potentially bringing crypto and digital collectibles to the mainstream.

