non-fungible token

The U.K. Treasury abandoned plans to launch a non-fungible token (NFT) as part of a broader effort to establish the country as a leading hub for cryptocurrency innovation, according to a report. The initiative, which was proposed by then-Chancellor of the Exchequer and current Prime Minister Rishi...

After a steep decline in user activity towards the end of 2022, total gas consumption by non-fungible token (NFT) transactions has risen by 97% for two consecutive months. This suggests that activity around NFTs is approaching levels seen during the NFT boom, according to a report by blockchain...

Former President Donald Trump recently announced the launch of his first non-fungible token (NFT) collection on Truth Social, the social media platform he created after getting banned from Twitter. The collection, which consisted of some 45,000 "digital trading cards," sold out in 12...

Summer seems to have truly arrived in the northeastern U.S., but the atmosphere in crypto and NFT spaces is feeling unseasonably chilly. In times like this, some engrossing content is a welcome distraction.  On Saturday, a first-time event will celebrate one of the richest magical worlds to...

A leading metaverse company announced a new funding round to take the company to a $1 billion valuation and scale the company’s growth plans. What Happened: Avatar technology company Genies announced a $150 million Series C funding round led by Silver Lake. The funding round values the...

ApeCoin (CRYPTO: APE) — the token launched by ApeDAO — saw astonishing volatility and great price gains following its Thursday launch.  What Happened: Market data reveals that Apecoin skyrocketed by about 141.5% from its 24-hour low of $7.35 to a high of $17.75...

Gamestop Corp. (NYSE: GME) partnered with non-fungible token project ImmutableX (CRYPTO: IMX) at the beginning of the year — now the firm has announced that it will make millions in crypto thanks to the deal. What Happened: Gamestop will earn $150 million in IMX...

Dapper Ape High Society (DAHS), a metaverse project on Solana (CRYPTO: SOL), launched its DAHS genesis NFT mint on Feb. 19 at a mint price of 0.75 SOL. Original investors in the project have seen, on average, a 600% return because floor prices for DAHS NFTs have risen to 4.57 SOL...

LimeWire — a now-defunct file-sharing service that was used widely for pirating music in the early 2000s — announced that it is coming back to life to relaunch as a music non-fungible token service. What Happened: LimeWire's NFT marketplace will launch in May and the project...

The Security and Exchange Commission is investigating the non-fungible token market — after having killed the initial coin offering craze in 2017 by deeming most tokens unregistered securities. What Happened: The SEC issued summons to NFT creators and crypto exchanges to obtain...

Financial media and data company Benzinga is capitalizing on its mission to bridge the gap between retail and institutional investors by holding free virtual events featuring speakers from innovative companies. On Wednesday, Benzinga held its "2022 NFT Investments...

This article was originally published on Cannabis.net and appears here with permission. South Park did a wonderful bit about NFTs where Butters – aka Victor Chaos – was a force that was needed to keep under lock lest the whole world devolved into chaos! The episode known as “Post...

The Dallas Mavericks are honoring one of the greatest NBA players of the last 20 years with the jersey retirement of Dirk Nowitzki. What Happened: Nowitzki, who retired in 2019, will see his #41 jersey retired by the Dallas Mavericks Wednesday. Nowitzki ranks sixth in NBA career points at 31,...

An upcoming NFT conference that will be held in 2022 for select owners of a popular NFT collection announced its first list of speakers and dates recently. What Happened: The inaugural VeeCon 2022 will be held at U.S. Bank Stadium in Minneapolis, Minnesota May 19-22, 2022. The event will be held...

A company expanding into the NFT marketplace space is xSigma. The company has been active in adding athletes to its roster and announced Tuesday the addition of three players for an upcoming NFT launch. What Happened: A wholly-owned subsidiary of ZK International Group Co Ltd (NASDAQ...