Lens
Upcoming NFT Projects
The Ukrainian government will launch a non-fungible token (NFT) collection that will be “like a museum of the Russian-Ukrainian war,” the Guardian reported on Sunday, citing minister of digital transformation Alex Bornyakov. See related article: Ukraine cancels crypto airdrop, promises NFTs Fast facts Each NFT will feature digital art depicting a news story from trusted […]
Monika Ghosh
NFT Marketplaces
A pair of diamond earrings designed by luxury lifestyle brand L’Dezen and its non-fungible token (NFT) counterpart sold for 3.27 ETH (US$8,205) at an online auction on Saturday at Ethereum-based marketplace Digital Twin. See related article: How high fashion is waking up to blockchain’s possibilities Fast facts The winning bidder will receive the physical jewelry […]
Ningwei Qin
NFT Marketplaces
South Korean convenience store CU’s non-fungible token (NFT) collectibles airdrop event for White Day, a local romantic holiday, drew in more than 20,000 applications. Read related article: Samsung-backed university to issue NFTs to select graduates Fast facts March 14 is celebrated as White Day in Japan and Korea, where men return the favor to women […]
Danny Park
Regulation
Income from non-fungible tokens (NFTs) in Singapore will be subject to existing income tax rules, the Business Times reported, citing Singapore Finance Minister Lawrence Wong’s Friday speech in parliament. See related article: Singapore prohibits crypto, NFT transactions in sanctions against Russia Fast facts However, individuals who receive capital gains from NFT transactions will not be […]
Pradipta Mukherjee
Events and Conferences
Global cryptocurrency exchange FTX’s European arm announced a partnership with Tomorrowland on Thursday with goals to bring blockchain and Web 3.0 applications to the popular electronic music festival. Fast facts The partners will explore Web 3.0 applications such as non-fungible tokens (NFTs) for art, music, ticketing, as well as crypto payments and metaverse events. The […]
Danny Park
NFT Marketplaces
Baidu is airdropping over 20,000 non-fungible tokens (NFTs) of nostalgic Chinese cartoon characters ahead of its upcoming marketplace launch by the end of March. See related article: Tencent calls dibs on metaverse virtual concerts in patent application Fast facts See related article: Alibaba NFT marketplace suspends users for massage gun rapid clicks
Ningwei Qin
NFT Marketplaces
Alibaba’s non-fungible token (NFT) marketplace Jingtan issued one-year suspensions to more than 680 accounts for using computer programs and massage guns to make instant purchases as soon as items hit the market. See related article: Ant Group’s NFT arm punishes users for digital collectible resales Fast facts See related article: Why Asia is poised to […]
Ningwei Qin
Metaverse Events
The crypto and non-fungible token (NFT) community organized a tribute for French NFT artist Alotta Money at the Cryptovoxels metaverse on March 5, two days after he lost his battle with cancer and a day after what would have been his 50th birthday. See related article: S.Korean presidential hopefuls campaign to avatars in the metaverse […]
Monika Ghosh
Regulatory News
China Supreme People’s Procuratorate warned of “severe punishment” for financial crimes such as illegal fundraising and money laundering in a work report released on Tuesday. See related article: ‘Metaverse’ enters government radar at China’s Two Sessions Fast facts China’s highest procuratorate has taken note of rising financial crimes deemed illegal fundraising, disguised as metaverse, non-fungible […]
Ningwei Qin
Blockchain Security
‘Lazy minting’ may seem affordable but heightens the risk of NFT theft, writes Anthem Blanchard of Herasoft. Is storing NFTs on-chain the solution?
Anthem Blanchard
