- Cryptonews

Gustav Klimt’s ‘The Kiss’ Masterpiece is Selling as 10,000 NFTs

The popular Belvedere Museum in Vienna, Austria, in collaboration with the artèQ auction house, has turned Austrian painter Gustav Klimt's famous masterpiece 'The Kiss' into 10,000 non-fungible tokens (NFTs).The collection dropped on Valentine’s Day and "each one is a unique part...

, by Ruholamin Haqshanas

Disney Launches Specialized Metaverse Team to Explore ‘New Storytelling Frontier’

Disney has created a specialized unit of senior employees and executives to oversee its move into the metaverse.Per Reuters and the BBC, which claim to have seen a Disney internal memo emailed to staff on the matter, Mike White, an executive who has been with Disney for over a decade, will...

, by Tim Alper

NYSE ‘Coming to Metaverse’, Files NFT-Related Trademark Application

The New York Stock Exchange (NYSE), the world’s largest stock exchange, has filed a trademark application with the United States Patent and Trademark Office (USPTO) to register the term “NYSE” for an array of metaverse- and non-fungible token (NFT)-related products.Trademark...

, by Ruholamin Haqshanas

NFT Market Cools Down Once Again as Crypto Prices Heat Up

The market for non-fungible tokens (NFTs) showed signs of a cooldown last week, even as the prices of many cryptoassets have been on the rise.According to a new report from crypto research firm Delphi Digital, activity in the NFT market has slowed down over the past week, with the volume of...

, by Fredrik Vold

UK Tax Authority Confiscates 3 NFTs in Fraud Case as a First

As part of its probe into a potential value-added tax (VAT) fraud, UK tax authority Her Majesty's Revenue and Customs (HRMC) has confiscated three non-fungible tokens (NFTs) in what represents the first seizure of such assets by a British government institution.On HMRC’s initiative,...

, by Jaroslaw Adamowski

Rare ‘Alien’ CryptoPunk NFT Sells for USD 23M Worth of Ethereum

An avid non-fungible token (NFT) collector and ethereum (ETH) holder has made history by spending a whopping USD 23 million worth of ETH on a CryptoPunk token – the highest fee ever forked out for an item in the so-called “OG” collection.The item, CryptoPunk #5822, was sold...

, by Tim Alper

YouTube Eyes Metaverse, Blockchain, NFT Features As Creator Program Hits 2M Users

In 2022, YouTube aims to roll out a number of new functionalities, tools, and products for the company’s creators, viewers, and partners -- and per Neal Mohan, Chief Product Officer at the platform, some of the features will also be related to the metaverse, blockchain, and non-fungible...

, by Jaroslaw Adamowski

Official Winter Olympics P2E Game Is a Non-Starter in the Games’ Host Country

Crypto is making its presence felt through its absence at the Winter Olympics, currently underway in China. The International Olympic Committee (IOC) has struck a partnership deal with nWay, a subsidiary of the play-to-earn (P2E) gaming giant Animoca Brands, which has released the...

, by Tim Alper

McDonald’s Metaverse Moves: 11 Trademark Applications for ‘Virtual Restaurant’ & Virtual Goods

American fast-food behemoth McDonald’s is the latest major brand to make a move into the metaverse by filing no fewer than twelve trademark applications on February 4, eleven of which make direct references to virtual restaurants, cafes, concerts, and other virtual services, goods, and...

, by Ruholamin Haqshanas

AssangeDAO Wins the Bid for Pak’s Clock NFT for USD 53M

AssangeDAO, a decentralized autonomous organization (DAO) consisting of "cypherpunks" fighting for the liberation of incarcerated WikiLeaks founder Julian Assange, has won the bid for the Clock NFT, which was created by digital artist Pak in collaboration with Assange.The DAO used the...

, by Ruholamin Haqshanas

NFT Prices ‘Relatively Independent’ of Broader Crypto Market

The market for non-fungible tokens (NFTs) – although still in its infancy – appears to be “a relatively independent market” that does not necessarily move with the broader crypto market, according to crypto analysis firm Coin Metrics.In their latest report, Coin...

, by Fredrik Vold

Florida Home to be Auctioned Off as an NFT

A Florida, USA home is being auctioned off as a non-fungible token (NFT) for the first time in the history of real estate. Real estate startup Propy will host the auction and will accept payment in the form of digital assets.The 2,162-square-foot Tampa Bay home has five bedrooms and three and...

, by Ruholamin Haqshanas

People ‘Will Spend 1 Hour a Day in Metaverse in Four Years’ Time, Predicts Gartner

The research firm Gartner has forecasted that a quarter of all people will be spending “at least” an hour a day in the metaverse by 2026.In a press release, the firm claimed that people would be soon using the metaverse “for work, shopping, education, social [purposes] and...

, by Tim Alper

Real and Artificial NFT Market Outperformed Crypto in January – DappRadar

While the crypto market was still down in double digits from its all-time highs, in January, the non-fungible token (NFT) market increased, even excluding artificial trades, per dapp (decentralized application) information provider DappRadar. Sales in the NFT market jumped around...

, by Jaroslaw Adamowski

Nike Asks NY Court to Block Reseller StockX from Selling NFTs of its Shoes

Nike has filed a civil case in the United States against the Detroit-based online fashion resale platform StockX, claiming that the latter uses unauthorized images of its footwear in non-fungible token (NFT) offerings.In a 50-page complaint submitted to the New York Southern District Court,...

, by Tim Alper

Animoca Brands’ Offshoot nWay Launches Official Multiplayer Party Game of Beijing 2022 Olympics

nWay, a subsidiary of major non-fungible token (NFT)-focused company Animoca Brands, has launched Olympic Games Jam: Beijing 2022, the official licensed play-to-earn multiplayer party game of the Olympic Winter Games that opened today.“The Olympic Games are the world’s largest...

, by Jaroslaw Adamowski

NFT News (Page 35)

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