NEFTiPEDiA (NFT) News

Artist Mike Winkelmann (Beeple) reported a URL hack to his official Discord server. Upon clicking, users were redirected to a fraudulent channel. “Do not go into this Discord and do not verify, it will empty your wallet!” he warned. A few hours before his message, suspicious activity with the...

Billionaire Mark Cuban discussed the possibilities of non-fungible tokens (NFTs) in the publishing sector. He claims that schoolchildren and students frequently purchase both new and old textbooks. They are required to resolve a conundrum at the end of the course. "You decide whether or not...

The NFT market has expanded significantly over the past two years. The number of holders of tokenized collections continues to grow despite the dominance of bearish sentiment in the cryptosphere. The development of the NFT industry has forced some governments to create an infrastructure for digital...

The National Copyright Administration of the People's Republic of China (CNAC) intends to tighten the penalties for unauthorized use of other people's works of art to create NFTs. Authors of collections of non-fungible tokens will be prohibited from creating them based on music, animation, games,...

The South Korean corporation LG Electronics has launched an NFT platform with the support of Hedera developers. LG Art Lab allows users to buy, sell and display digital collectibles through TVs. “All LG products running webOS 5.0 will be able to interact with the app,” the announcement...

Pinata, a platform for NFT-focused media distribution, has secured $21.5M in total from Pantera Capital, Greylock, and other investors. Kyle Tut, co-founder and CEO of Pinata, reported that Pantera Capital, Greylock, and Offline Ventures led the $18M Series A and $3.5M seed rounds, with...

Jewelry brand Tiffany & Co. sold all 250 limited-edition jewelry pieces based on the CryptoPunks Series of Non-Fungible Tokens (NFTs). Pre-orders closed 22 minutes after launch. 100 CryptoPunks holders were able to apply for the pendant as early as August 3rd. Each NFTiffs sold for 30 ETH...

Tim Sweeney, CEO of the Epic Games Store, stated that the company has no intention of giving up on non-fungible token initiatives (NFTs). Sweeney reiterated the firm's policy in response to a Twitter user's request to "get rid of every game in the store." "You should have the...

OpenSea will cut 20% of its staff, co-founder and CEO Devin Finser said in a letter to the team. He attributed the massive layoffs to "an outstanding combination of crypto winter and across-the-board macroeconomic volatility." “We need to prepare the company for a possible long...

At the beginning of 2022, it became known about the plans of the American video game retailer GameStop to launch its own NFT platform. Initially, the giant promised to develop a marketplace for transactions with tokenized collections by the end of this year. Then the company's management decided to...

The largest cryptocurrency exchange in the United States, Coinbase, has announced the start of beta testing of its own NFT platform. As of today, it is known that more than 8M users who have already pre-registered are waiting for the launch of a platform for trading non-fungible tokens. Coinbase...

South Korean automaker Hyundai has announced a collaboration with the Meta Kongz project to create a limited collection of 30 non-fungible tokens. The issue is dedicated to the company's first compact car, the Pony. It is expected to take place in May. In an animated teaser, Hyundai showed a model...

NFT avatar-focused project Genies closed a $150M funding round led by Silver Lake. Investors valued the firm at $1 billion. Genies provides users with the ability to create virtual avatars. The latter can be used in the metaverses along with various items in the form of non-fungible tokens. The...

Twitter Founder Jack Dorsey's first tweet in the form of an NFT was posted on OpenSea for 14,969 ETH. Its owner, Bridge Oracle founder Sina Estavi, intends to donate at least $25 million to charity if sold. Estavi can earn at least 1555%. At the time of writing, no users have applied to purchase....

The OpenSea marketplace has integrated support for Solana NFTs released on the blockchain in beta mode with “limited collection coverage.” At the end of March, the team promised to start the process with Nyan Heroes and Turtles. Currently, OpenSea supports 865,000 tokens from 165 NFT...

Payments giant Visa has launched an NFT business development education program. The initiative is designed for a year and is aimed at artists, musicians, fashion designers, and filmmakers. Visa's head of crypto, Cu Sheffield, said the company hopes to understand the prospects and challenges...

The Japanese company Line, the operator of the messenger of the same name, announced the launch of the NFT marketplace on April 13, 2022. The LINE NFT platform was created based on LINE Blockchain's network. Users will store assets in the BITMAX Wallet. It is planned that at launch, more than 100...

The founder of the well-known NFT project NeoNexus, Jack Shea, announced the termination of a startup operating based on the Solana blockchain. The man stated this on his official Twitter account, noting that the main reason for such a sharp decision was the sudden drop in prices for the SOL...