NFTs
Blockchain-Based Fantasy Soccer Platform Sorare to Raise $532M in Funding
According to an unconfirmed Business Insider report Wednesday, Paris-based digital soccer collectibles platform Sorare is expected to announce that it will receive $532 million in funding. This would allegedly represent the most significant capital raise in the history of France’s technology sector.
India Seeks Crypto Advice, K-Drama Joins NFT Bandwagon
Indian High Court seeks advice on crypto advertising disclaimers. Hong Kong customs make the first crypto-related money laundering bust. K-drama “Vincenzo” joins the NFT bandwagon. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Nifty’s and Warner Bros. Team Up to Launch ‘Space Jam’ NFTs
A series of non-fungible tokens (NFTs) marking the release of “Space Jam: A New Legacy” is to be launched on the new social platform Niftys.com in partnership with Warner Bros. Nifty’s Chief Legal Officer Olta Andoni discusses the launch as part of Nifty’s mission to be the first-ever NFT-focused social media platform.
ICICI Blocks Crypto Transfers, Korea Banks to Report Crypto Crime
India’s ICICI bank blocks international crypto transfers. Korea says banks must report crypto-related money laundering. Fears over plagiarism hit the NFT world. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Korea Crypto Law Applies to Binance, Samsung Next Invests in Nifty’s
The head of Korea’s Financial Services Commission (FSC) says crypto laws apply to Binance. Samsung Next invests in Nifty’s, and in a new series, Forkast News will examine how NFTs could revolutionize the music business. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
SEC v. Ripple: Lawsuit Gets Tense While Firm Enters Race for Tokenization
Asheesh Birla, the general manager of RippleNet at Ripple, discusses the impact of Ripple’s ongoing case with the SEC on its business. “We welcome thoughtful, proper regulation, and I think that’s been missing,” Birla said, on the need for more regulatory clarity.
Penalties for Kimchi Premium Abusers, Digital Yuan on Trial Again
Kimchi premium becomes kimchi penalty. Chengdu holds China’s latest digital yuan trial. Taiwan’s Lootex uses NFTs to preserve cultural history. More on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
How NFTs Could Be Closing the Income Gap in the Chinese Music Industry
Hong Kong-based singer-songwriter Hanjin Tan, the first musician to launch a Chinese music non-fungible token (NFT), discusses the role of NFTs as a potential lifeline in helping close the income gap among struggling musicians in China and other parts of Asia.
Dogecoin Millionaire Giving Away 1 Million DOGE With New Game 'Million Doge Disco'
"Dogecoin Millionaire" Gary Lachance has beta launched an augmented reality (AR) mobile game called "Million Doge Disco," a "decentralized dance party" that enables players to earn non-fungible tokens (NFTs) and dogecoin (DOGE). As part of the launch, Lachance plans to give away $1 million DOGE.
NFT Scored $2.5B in First Half of 2021
Non-fungible token (NFT) sales rose to $2.47 billion in the first half of 2021, according to data by DappRadar. This is a dramatic increase from the first half of 2020, when NFT sales totaled $13.7 million. Sports and collectible NFTs were revealed to be the most popular, although NBA TopShot sales are falling. "The Hash" panel takes a deep dive into the data, discussing whether NFT sales have peaked. "What goes up, must come down," host Zack Seward said.
