At the recent Bloomberg Crypto Summit in NYC, a panel led by Managing Editor Stacy-Marie looked at innovative ways to harness NFTs.
Since NFTs, or nonfungible tokens, screamed into public consciousness in 2020 with million-dollar sales of digital artifacts, the debate surrounding them has gone more or less like this: NFTs are the future of art and commerce! No, NFTs are a worthless sca...
Mercedes hit all the right notes jumping into the crypto pool. At Bentley and Lotus, the waters are largely untested. And what’s up with Porsche?
Pop Icons like Justin Bieber and Madonna have bought and promoted NFTs. They’re not obliged to disclose the financial terms of their endorsements.
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Hong Kong’s former financial secretary, John Tsang, has joined digital wealth firm StashAway as an adviser and will be giving away part of his soon-to-be issued non-fungible tokens to attract new clients.
(Bloomberg) -- Pudgy Penguins, a once hugely successful NFT project that got blown off course by drama that included the ousting of its founders, is attempting a comeback. Hopes are high in the newly energized community -- but in today’s crowded, up-and-do...
Kenyan photojournalist Mohamed Amin is best known for capturing the world’s attention with images of Ethiopia’s 1984 famine that inspired the Live Aid concerts.
The New York Stock Exchange is stepping into the nonfungible tokens market with plans to do for digital assets what it does for stocks.
The U.K.’s tax watchdog seized three nonfungible tokens as part of a suspected case of value-added tax fraud worth 1.4 million pounds ($1.9 million), in the first ever domestic enforcement action of this kind.
The U.K.’s tax watchdog seized three nonfungible tokens as part of a suspected case of value-added tax fraud worth £1.4 million ($1.9 million), the BBC reported.
(Bloomberg) -- NFTs seem to be everywhere as of late, whether being touted by celebrities ranging from Justin Bieber to Heidi Klum, but data show they account for just 1% of the overall cryptocurrency market.
(Bloomberg) -- Nike Inc. accused the sneaker resale marketplace StockX LLC of minting non-funible tokens that use its trademarks without approval and selling them at inflated prices.
The U.S. Treasury Department is looking more closely at potential money laundering and the financing of terrorism through trading high-value art.
John Legend is starting an NFT platform for musicians and entertainers who are trying to navigate the frenzy around digital collectibles.
China’s government has made clear its distaste for the free-wheeling, anti-establishment cryptocurrency community. When it comes to crypto’s blockchain technology, however, it’s a different story. President Xi Jinping has urged mass adoption of digital led...
IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, including money laundering, market manipulation and tax evasion -- and even celebrities could get caught up in the agency’s probes.
YouTube is exploring adding non-fungible token features for its video creators, Chief Executive Officer Susan Wojcicki wrote to the site’s broadcasters on Tuesday.
The social-media giants are taking a calculated risk by relaxing control over some of their users’ data to accommodate the craze for blockchain-based digital collectibles.
Buyers used a loophole on the OpenSea platform to purchase the digital assets at hidden, below-market prices.
Tesla Inc. Chief Executive Officer Elon Musk lambasted Twitter’s development of profile pictures linked to non-fungible tokens on Friday morning, saying the social media company has the wrong priorities.
(Bloomberg) -- Twitter Inc. users can now use an NFT as the profile picture on their account, part of a push to allow more users to show off digital art and encourage people to sign up for the company’s subscription product.
Autograph, an NFT platform co-founded by professional football player Tom Brady, raised $170 million in a Series B funding round led by Silicon Valley investors Andreessen Horowitz and Kleiner Perkins.
(Bloomberg) -- OpenSea, the largest NFT marketplace, has acquired cryptocurrency wallet provider Dharma Labs for an undisclosed amount.
(Bloomberg) -- Coinbase Global Inc. said it will let users make purchases on its planned NFT marketplace through their Mastercard Inc. cards -- without having to own cryptocurrency.
Soros Fund Management and the Winklevoss twins’ venture capital firm are among investors in a funding round that’s more than doubled the valuation of Animoca Brands Corp., a non-fungible token and metaverse company, to $5 billion.
(Bloomberg) -- Walmart Inc. is preparing to create its own cryptocurrency and collection of non-fungible tokens, filings with the U.S. Patent and Trademark Office show, setting the stage for meeting its customers in the emerging metaverse.
Nearly $41 billion worth of cryptocurrency was sent to two types of Ethereum smart contracts associated with NFT marketplaces and collections from the beginning of 2021 through mid-December, according to a new estimate from blockchain analytics firm Chaina...
New funds being offered to both professionals and retail buyers claim to provide exposure to the nascent NFT market. Do they meet the test?
In February, a 10-second video clip known as “Crossroads” by the digital artist Beeple sold at auction for $6.6 million. An animated image of a flying cat leaving a rainbow trail went for almost $600,000 that same month. A video of a LeBron James dunk sold...