NFT
Stay current with all the latest and breaking news about NFT, compare headlines and perspectives between news sources on stories happening today. In total, 863 stories have been published about NFT which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news about NFT, compare headlines and perspectives between news sources on stories happening today. In total, 863 stories have been published about NFT which Ground News has aggregated in the past 3 months.
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NFTThere are greater than 288,000 Ordinal inscriptions hosted on the Bitcoin blockchain. Galaxy Digital's analysis crew claims the market dimension of non-fungible tokens (NFTs) constructed on Bitcoin may attain $4.5 billion over the subsequent two years. The researchers at Galaxy suppose that new use instances stemming from the inscription development will drive growing interest and adoption for bitcoin.
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025 – Bitcoin News
Business · New YorkA Manhattan federal jury on Wednesday concluded that an artist's non-fungible token versions of Hermes' (HRMS.PA) famous Birkin bags violated the French fashion house's trademark rights.
Hermes wins U.S. trademark trial over 'MetaBirkin' NFTs
58% Left coverage: 12 sources
BusinessAurelien Michel, 24, is charged with defrauding buyers of his non-fungible tokens. Prosecutors say he duped investors out of more than $2.9 million in cryptocurrency. Michel allegedly promised buyers of the NFTs exclusive rewards and benefits. He was arrested Wednesday at a New York airport.
Mutant Ape Planet creator arrested in NY for alleged $2.9M NFT 'fraud' By Cointelegraph
80% Center coverage: 5 sources
NFTOrdinals protocol allows for nonfungible token (NFT)-esque assets on the Bitcoin mainnet by inscribing satoshis with content. Users are posting massive files to the Bitcoin network via the Ordinals protocol, taking up block space and paying high fees to do so. The data size of these inscribed transactions are much more than those typically conducted on the blockchain.
Mastercard’s NFT Leader Quits, Mints His Resignation Letter on the Way Out
100% Center coverage: 4 sources
Instagram · Menlo ParkMeta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral.
Meta to wind down NFTs on platforms amid crypto bust
55% Center coverage: 20 sources
TwitterThe official Twitter account of the All India Trinamool Congress appears to be hacked. The name of the account reflected Yuga Labs and its display picture was changed to the company's logo. The last three posts by the account posted 12 hours ago reference the party's welfare schemes.
All India Trinamool Congress Twitter account hacked
Coverage: 5 sources
NFTPlay-to-earn game Axie Infinity's monthly player count has dropped to levels not seen since November 2020, a period of 26 months. Despite the low player count, the project's native token, AXS, has climbed 62% higher against the U.S. dollar in the last 30 days.
Axie Infinity's Monthly Player Count Drops to Low Not Seen Since November 2020 – Bitcoin News
NFTNon-fungible token (NFT) sales have dropped significantly in contrast to the seven days prior. During the past seven days, $208.68 million in NFT sales were recorded. The top-selling NFT collection this past week was the Bored Ape Yacht Club (BAYC), with $16.69 million in sales.
