Showing news for Nft
Unlocking the Value in NFTs
August 11, 2022
At the recent Bloomberg Crypto Summit in NYC, a panel led by Managing Editor Stacy-Marie looked at innovative ways to ha...
What to Know About NFTs and the ‘Bored Ape’ Boom and Bust Cycle
July 25, 2022
Since NFTs, or nonfungible tokens, screamed into public consciousness in 2020 with million-dollar sales of digital artif...
After Corvette Failure, Automakers Tread Carefully Into NFTs
July 15, 2022
Mercedes hit all the right notes jumping into the crypto pool. At Bentley and Lotus, the waters are largely untested. An...
Do Celebrities Have a Responsibility to Fans When Backing an NFT?
June 8, 2022
Pop Icons like Justin Bieber and Madonna have bought and promoted NFTs. They’re not obliged to disclose the financial te...
Cathie Wood Says Fed Won’t Hike as Much as Market Priced In
April 23, 2022
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.
Hong Kong’s Ex-Finance Chief Tsang Joins StashAway, Gifts NFTs
April 10, 2022
Hong Kong’s former financial secretary, John Tsang, has joined digital wealth firm StashAway as an adviser and will be g...
Pudgy Penguins, the Hot-and-Then-Not NFTs, Attempt a Comeback
April 10, 2022
(Bloomberg) -- Pudgy Penguins, a once hugely successful NFT project that got blown off course by drama that included the...
Filmer of Ethiopia Famine Is Face of NFT to Archive African Past
April 9, 2022
Kenyan photojournalist Mohamed Amin is best known for capturing the world’s attention with images of Ethiopia’s 1984 fam...
NYSE Wants to Be Marketplace for NFTs Just Like With Stocks
February 15, 2022
The New York Stock Exchange is stepping into the nonfungible tokens market with plans to do for digital assets what it d...
U.K. Makes First Ever NFT Seizure in Crackdown on Tax Fraud
February 14, 2022
The U.K.’s tax watchdog seized three nonfungible tokens as part of a suspected case of value-added tax fraud worth 1.4 m...
U.K. Tax Authority Makes First NFT Seizure, BBC Reports
February 14, 2022
The U.K.’s tax watchdog seized three nonfungible tokens as part of a suspected case of value-added tax fraud worth £1.4 ...
Seemingly Ubiquitous NFTs Are Just a Sliver of Crypto Universe
February 10, 2022
(Bloomberg) -- NFTs seem to be everywhere as of late, whether being touted by celebrities ranging from Justin Bieber to ...
Nike Files Trademark Suit Against StockX Over NFTs
February 4, 2022
(Bloomberg) -- Nike Inc. accused the sneaker resale marketplace StockX LLC of minting non-funible tokens that use its tr...
U.S. Treasury Warns of Illicit Money Percolating in High-End Art
February 4, 2022
The U.S. Treasury Department is looking more closely at potential money laundering and the financing of terrorism throug...
John Legend to Start NFT Platform for Musicians, Entertainers
February 2, 2022
John Legend is starting an NFT platform for musicians and entertainers who are trying to navigate the frenzy around digi...
How Crypto Foe China Is Embracing NFTs, With Strings Attached
January 28, 2022
China’s government has made clear its distaste for the free-wheeling, anti-establishment cryptocurrency community. When ...
Crypto, NFTs Are Rife With ‘Mountains’ of Fraud, IRS Says
January 26, 2022
IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, including money laundering, ma...
YouTube’s CEO Says the Company Will Explore NFT Features for Video Creators
January 25, 2022
YouTube is exploring adding non-fungible token features for its video creators, Chief Executive Officer Susan Wojcicki w...
Why Facebook and Twitter Opened the Door to NFTs
January 25, 2022
The social-media giants are taking a calculated risk by relaxing control over some of their users’ data to accommodate t...
How Opportunists Snagged More than $1 Million in NFTs For Mere Thousands
January 24, 2022
Buyers used a loophole on the OpenSea platform to purchase the digital assets at hidden, below-market prices.
Musk Chides Twitter for NFT-Linked Profile Pictures
January 21, 2022
Tesla Inc. Chief Executive Officer Elon Musk lambasted Twitter’s development of profile pictures linked to non-fungible ...
Twitter Users Can Now Add Verified NFTs as Profile Photos
January 20, 2022
(Bloomberg) -- Twitter Inc. users can now use an NFT as the profile picture on their account, part of a push to allow mo...
Tom Brady’s NFT Startup Gets $170 Million in Silicon Valley Funding
January 19, 2022
Autograph, an NFT platform co-founded by professional football player Tom Brady, raised $170 million in a Series B fundi...
NFT Marketplace OpenSea Acquires Crypto Wallet Provider Dharma Labs
January 18, 2022
(Bloomberg) -- OpenSea, the largest NFT marketplace, has acquired cryptocurrency wallet provider Dharma Labs for an undi...
You Won’t Need Crypto to Buy an NFT on Coinbase’s Marketplace
January 18, 2022
(Bloomberg) -- Coinbase Global Inc. said it will let users make purchases on its planned NFT marketplace through their M...
Soros, Winklevoss Invest in NFT Creator Now Valued at $5 Billion
January 18, 2022
Soros Fund Management and the Winklevoss twins’ venture capital firm are among investors in a funding round that’s more ...
Walmart Filings Reveal Plans to Create Cryptocurrency, NFTs
January 16, 2022
(Bloomberg) -- Walmart Inc. is preparing to create its own cryptocurrency and collection of non-fungible tokens, filings...
NFT Market Surpassed $40 Billion in 2021, New Estimate Shows
January 6, 2022
Nearly $41 billion worth of cryptocurrency was sent to two types of Ethereum smart contracts associated with NFT marketp...
NFT Hype Sparks a Rush by Finance Pros to Mimic Hot Market
January 5, 2022
New funds being offered to both professionals and retail buyers claim to provide exposure to the nascent NFT market. Do ...
What’s an NFT? It’s What Makes GIFs Worth Big Bucks
October 29, 2021
In February, a 10-second video clip known as “Crossroads” by the digital artist Beeple sold at auction for $6.6 million....
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