NFT
Bitcoin’s Activity Pushes Average Transaction Fee to Nearly 2-Year High
A spike in transactions on the Bitcoin blockchain involving Ethereum-style tokens and non-fungible token (NFT)-like "inscriptions" has driven up congestion on the network, pushing the average fee rate to the highest in nearly two years while showering miners of the cryptocurrency with extra revenue. "The Hash" panel discusses the milestone and its implications for the Bitcoin ecosystem.
Ex-OpenSea Exec Charged With Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a federal court in New York on Wednesday, according to a report from Reuters. Chastain made approximately $50,000 by buying and trading NFTs with insider knowledge from his position at OpenSea. "The Hash" panel discusses the case.
Sotheby's Head of Digital Art on NFT Royalties, Market Sentiment
Sotheby’s head of digital art and NFTs, Michael Bouhanna, weighs in on the debate surrounding NFT royalties, which are defined as payments to the original creator for every secondary sale of the digital asset. Plus, Bouhanna discusses launching the art auction house's specially curated, peer-to-peer secondary marketplace amid an NFT winter.
Sotheby's Releases On-Chain Secondary NFT Marketplace
Sotheby's is expanding its non-fungible token (NFT) art offerings through the release of a specially curated, peer-to-peer secondary marketplace. The art auction house's head of digital art and NFTs, Michael Bouhanna, discusses Sotheby's expansion into the Web3 space and how they are addressing artist diversity and royalties in the sector.
Solana Labs CEO on Saga Smartphone Launch, NFT Outlook
Solana Labs' crypto-forward smartphone Saga will go on public sale on May 8. The new device from Solana Mobile costs $1,000 and is built on hardware from Bay Area smartphone company OSOM. Solana Labs CEO and co-founder Anatoly Yakovenko discusses the benefits and opportunities of Saga, citing its self-custody feature and decentralized app (dApp) store. Plus, insights into Solana following FTX's implosion and the global outlook for the Solana ecosystem at large.
Sports Illustrated Unveils NFT Ticketing Platform on Polygon
U.S. sports media company Sports Illustrated is launching a non-fungible token (NFT) ticketing platform called "Box Office" built on the Polygon network, an Ethereum scaling tool. "The Hash" panel discusses the future of NFT ticketing and live entertainment powered by blockchain technology.
Bitcoin Falls Toward $28K After Volatile Price Moves
Bitcoin (BTC) is dropping toward $28,000 after falling roughly 5% on Monday, wiping out all of April's gains. STORM Partners Managing Partner Sheraz Ahmed discusses his bitcoin analysis and outlook as investors await the Federal Reserve's key decision on interest rates tomorrow. Plus, the impact of recent banking sector jitters on crypto and reactions to art auction house Sotheby's expanding its NFT art offerings through the release of a specially curated, peer-to-peer secondary marketplace.
NFTs Run Out of Steam as Cryptos Clock Weekly Gains
Cryptocurrencies across the market are climbing back up but non-fungible token trading activities are cooling down. Has the NFT bubble burst? That story and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Orange Comet CEO on William Shatner's First NFT Collection
Orange Comet CEO Dave Broome discusses at Consensus 2023, actor William Shatner's first NFT collection and how it came into development.
Proof CEO Unveils New Moonbirds Collection With Beeple, Other Artists
Non-fungible token (NFT) collective Proof is launching a new 10,000-piece digital art collection with a roster of 22 artists, including Beeple, Summer Wagner and Terrell Jones. Proof CEO Kevin Rose joins "The Hash" panel to discuss the drop and the broader state of the NFT markets. Plus, how to prevent phishing attacks.
