Bored Ape Yacht Club’s (BAYC) official Instagram profile was hacked to promote a fraudulent phishing link to scam millions of dollars worth of non-fungible tokens (NFTs) from victims on Monday. See related article: Why NFT scams are on the rise — and how to stop them Fast facts OpenSea, the largest NFT marketplace, has banned…
Koong World has been awarded a South Korean patent that utilizes non-fungible tokens (NFTs) and sound source information to enable artists to upload and share their works on its platform without fear of copyright infringement. See related article: What does Music have to do with NFTs? Fast facts The Korean Intellectual Property Office awarded Koong…
BlockBar, a luxury liquor brand non-fungible token (NFT) marketplace, has partnered with whiskey distiller Monkey Shoulder on a range of exclusive collectibles for Bored Ape Yacht Club (BAYC) and BlockBar NFT holders. See related article: Hic Hic Hurray! Scottish distillery Ardbeg to release limited-edition whiskey NFTs Fast facts BlockBar will allow 10 BAYC owners to…
Non-fungible token (NFT) scammers took control of the University of the Philippines’ official Twitter account on Monday evening, posting several tweets promoting a fake airdrop. See related article: Twitter hacker takes over verified accounts to promote fake Azuki NFT drop Fast facts The attackers renamed the Twitter account to “takashi murakami” — the name of…
Bilibili, a video streaming platform popular with China’s Generation Z, Monday enabled non-fungible tokens (NFTs) to be transferred between users, becoming the second major Chinese tech firm to allow NFT transfers after Alibaba. See related article: China state-backed paper’s NFTs surge in price on second-hand market Fast facts Bilibili requires a 30-day gap between each…
Editor’s Note: A previous version of this report stated the NFT proceeds will be donated to NGO Atam Pargas. The NGO has reached out to Forkast to clarify it is not associated with the NFT project. Lekh-Haq, the organizer of the NFT has confirmed this correction to Forkast. Indian journalists and filmmakers launched farmers’ protest…
NFT in gaming is not only for play-to-earn, writes Nicholas Douzinas of Ajuna Network. It should also be fun and foster human connections.
Axie Infinity is a blockchain-based game that rewards players with cryptocurrencies and NFTs. Learn all about how Axie Infinity is creating a play-to-earn revolution in this Forkast explainer.
Dogecoin is back in the crypto top 10 after Twitter accepted Tesla CEO Elon Musk’s US$44 billion offer to purchase the social media platform. See related article: Will the dog have its day on Doge Day? Fast facts The world’s leading memecoin reached a high of US$0.1677 before retreating slightly, its highest point since Musk…
Tokenizing an asset allows its trading to be faster and cheaper, writes Oi-Yee Choo of ADDX. It can also broaden opportunities for small investors.