NFTs


Finance

Minecraft Bans NFTs, Sending One In-Game Builder’s Token Spiraling

The decision to ban blockchain integrations and NFTs resulted in a mixed response from its community of gamers.

A screen grab of an NFT Worlds video from Dec. 14, 2021 (NFT Worlds/YouTube)

Videos

This AI-Based Startup Can Authenticate Your NFTs

Optic, a startup that uses artificial intelligence (AI) to authenticate non-fungible tokens (NFTs), raised $11 million in a seed round. With the fresh funding it plans to create a public API for Web3 developers and new tools for NFT creators and collectors. “The Hash” team discusses the worlds of NFTs and AI merging together.

CoinDesk placeholder image

Finance

The Sandbox Brings on Security Firm BrandShield to Prevent Rising NFT Fraud

Cybersecurity company BrandShield removed 120 phishing sites and 58 fake social media accounts in March and April.

(The Sandbox)

Finance

Another Twitter Hack Hits the NFT Community

An influencer’s Twitter and Discord accounts were compromised on Tuesday in what many fear could be a widening takeover.

(Sara Kurfeß/Unsplash)

Finance

GameStop’s NFT Marketplace Opening Week Sales Eclipse Coinbase Volume

The video-game retailer's marketplace opened to $7.2 million in weekly sales volume, with the MetaBoy collection being the top seller so far.

(John Smith/VIEWpress)

Tech

Bored Apes Creator Warns of Threat Group Targeting NFT Communities

Attackers have targeted wallets hosting several high-profile NFT collections in the past few months.

Millions of dollars worth of NFT exploits have occurred in the past few months. (Bored Ape Yacht Club, modified by CoinDesk)

Finance

OpenSea Lays Off Roughly 20% of Its Staff

CEO Devin Finzer cited an “unprecedented combination of crypto winter and broad macroeconomic instability.”

OpenSea is preparing for the possibility of an extended crypto downturn. (OpenSea/CoinDesk, modified PhotoMosh and BeFunky)

Finance

Kevin Rose’s Proof Acquires Divergence Engineering Team

The entrepreneur's NFT project, which is responsible for the Moonbirds collection, is gearing up for a “social universe” launch later this summer.

(Moonbirds)

Finance

Paradigm Leads $16M Funding Round for Hang

The NFT brand membership platform went live on Thursday.

Hang co-founder and CEO Matt Smolin (Hang)