How Yuga Labs’ NFT sale failed to put its community first
The ‘virtual land’ sale that broke Ethereum was also a fiasco for buyers. Should Yuga Labs have seen it coming and taken preventative action?
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China’s diktat against NFT flipping spawns an ingenious industry
Despite Beijing’s rhetoric against speculation in non-fungible tokens, some in mainland China are trading on WeChat groups, spawning an industry that caters to the fervor over the asset class.
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Hong Kong retail, art hub rolls out the carpet for NFTs. What would Bruce Lee think?
Hong Kong’s K11 retail and art complex is host to three events to showcase the new, wild and expensive world of non-fungible tokens as (debatable) art.
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Bumper April helps NFTs break out of bear-market territory
The non-fungible token market posted a strong bounceback in April. As one industry watcher tells Forkast, the nature of the rebound points to more room for recovery.
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NFT-backed loans gain traction, but what are the risks?
Non-fungible token financing is still at a nascent stage and comes with significant risks for lenders and borrowers.
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Coinbase NFT marketplace is now open to all
Coinbase’s non-fungible token (NFT) marketplace has opened to all customers after the beta version was released to a select group of users in April, the Nasdaq-listed cryptocurrency exchange announced on Wednesday. See related article: Coinbase’s NFT market enters beta for select customers Fast facts Coinbase first announced its NFT marketplace in October 2021, and over…
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Otherdeeds NFT sale puts Ethereum scalability in glaring spotlight
Top blockchain and crypto news: Otherdeeds debacle stings with gas fee spike. Algorand scores World Cup deal. Will China be forced to embrace Bitcoin?
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Wildlife conservatory Australia Zoo announces NFT project with Algorand
Australia Zoo, a wildlife conservatory related to the family of noted conservationist Steve Irwin, has announced a non-fungible token (NFT) series on the green blockchain Algorand to celebrate the 20th anniversary of its Wildlife Warriors conservation project. See related article: Algorand becomes 2022 Qatar World Cup’s new blockchain partner Fast facts Created in partnership with…
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MakeMyTrip launches NFT collection of top Indian travel spots
Indian online travel company MakeMyTrip has launched a non-fungible-token (NFT) collection of Indian tourist destinations, becoming the first Indian travel brand to step into the NFT space. See related article: Is there a future for the NFT beyond digital art? Fast facts The NFT collection “Virtual Vacations!” aims at bringing to life “a kaleidoscopic meta-world…