News
Lib Work is dipping its toes into Bitcoin, a month after using NFTs for the first time to tokenize the designs of one of its 3D printed houses.
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Latest News on NFT
What are NFTs? NFTs explained in brief: Nonfungible tokens, or NFTs, are verifiably unique representations of digital and physical goods. Each NFT generally differs in makeup, and therefore likely differs in value as well.
In the physical world, U.S. dollars are fungible. No value is forfeited if a person trades any given paper U.S. dollar for a different paper U.S. dollar. On the other hand, something such as artwork is generally nonfungible. The “Mona Lisa” is not of equal value to “The Persistence of Memory,” as both artworks are unique, deriving value as such.
Based on distributed ledger technology, NFT crypto assets serve as a method of authentication for buyers of unique items, proving aspects such as ownership. NFTs became much more well known in 2020 and 2021. NFTs have potential for other use cases as well, such as companies tracking their internal resources or platforms verifying subscriptions and use.
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A judge said Logan Paul’s bid to toss a suit over the collapse of CryptoZoo should be allowed, but the class-action group should also get a chance to update its claims.
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The NFT market cap dropped 12% to $8.1 billion as Ether fell, with CryptoPunks and Bored Apes sliding while Pudgy Penguins climbed into second place.
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The artist known as Mr. Black discusses why he believes Bitcoin Ordinals are the only true medium for immutable art and the spiritual philosophy behind his 21,000-piece collection.
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The two entities requested that the financial regulator provide a “safe harbor” for certain applications under the SEC's broker-dealer registration requirements.
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The NFT market cap has hit $9.3 billion, up 40% since July, as ETH tops $4,600
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From a six-month runway in 2022 to a projected $50 million in 2025 revenue, Pudgy Penguins beat the NFT crash with a risky bet on toys.
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NFT DApps drew slightly more active users than DeFi in July, even as DeFi liquidity hit a record $270B.
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CryptoSlam data showed that the average sale value for NFTs climbed to $113.08, highest in six months.
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From the ICO craze and CryptoKitties to the Merge and spot ETFs, Ethereum’s first decade is a reflection of crypto’s most chaotic and innovative moments.
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A critical access control bug in SuperRare’s staking contract — easily detectable by unit tests or even ChatGPT — allowed an attacker to steal $731,000 in RARE tokens.
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Solana co-founder Anatoly Yakovenko ignited criticism from the crypto community by likening memecoins to loot boxes in mobile games.
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Pudgy Penguins shut down rumors of an OpenSea buyout, calling the speculation unnecessary and pointing instead to growing brand partnerships.
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NFT market cap hits $6.6 billion in July, surging 94% as CryptoPunks lead the rebound with multimillion-dollar sales and rising floor prices.
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A Texas magistrate judge says Logan Paul’s bid to blame the co-founders for the failure of his CryptoZoo NFT project should be rejected.
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