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The Latest Breaking News from NFT

Ethereum Blockchain Set for 'Monumental' Overhaul

An army of computer programmers scattered across the globe is set to attempt one of the biggest software upgrades the crypto sector has ever seen this week to reduce its environmentally unfriendly energy consumption. Developers have spent years working on a more energy-efficient version of the ethereum blockchain, a digital…

Asharq Al-Awsat

Non-fungible tokens and a new era in art

NFTs have been criticised for being worthless and their environmental impact, but they are allowing artists to explore creative avenues and make money, say Alex Sims and Dulani Jayasuriya

Newsroom.co.nz

Puma’s first NFTs unlock access to exclusive physical sneakers

The brand’s Black Station web3 experience offers NFTs and other digital collectibles redeemable for limited-edition product.

Input

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When bitcoin plunges, Buttcoin cheers: the online community praying for the end of crypto

A Reddit subforum for people who are horrified by the proliferation of crypto scams and pyramid schemes pokes fun at cryptocurrency

The Guardian - US

Serena Williams-Backed Sorare Teams Up With NBA For NFT-Based Fantasy Sports Game

Fantasy sports and blockchain technology company Sorare is partnering with one more professional sports league. Here’s the latest and what it means for the world of sports and non-fungible tokens.

Benzinga

Singer Pradeep Kumar on ‘Pann’, India’s first programmable NFT

Singer-composer Pradeep Kumar has created a 30-minute musical piece called ‘Pann’, considered India’s first programmable NFT

The Hindu

Terror groups are using NFTs to spread extremist messages, report finds

The first known digital token, created to sympathize with extremist views, was reported on over the weekend by the Wall Street Journal.

Input

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David Bowie 'Bowie on the Blockchain' NFT project to raise money for charity

The late singer's estate has teamed up with digital artists for the digital art project honouring his legacy

Wales Online

Muse become first act to top UK charts with NFT album

The band’s ninth album Will of the People sold 51,500 copies in its first week – but only a fraction of those are NFTs

The Guardian - UK

Ticketmaster Unveils New NFT Capabilities: Will It Catch On With NFL And NBA Fans?

Ticketmaster hopes to disrupt the live-events industry by incorporating collectible NFTs (non-fungible tokens) and blockchain technology into its services.

Benzinga

Melania Trump is ‘annoyed’ at FBI raid on Mar-a-Lago but more concerned with selling NFTs, report says

Former first lady has issued no statement on federal probe

The Independent UK

NFT trading on OpenSea has basically fallen off a cliff

The dip coincides with the proverbial crypto winter, as currencies drop in value and trading platforms shutter.

Input

Solana Summer Shandy: New NFT Project Highlights Top Solana Collections On Beer Cans

While Ethereum (CRYPTO: ETH) based NFTs may get the headlines, NFTs built on the Solana (CRYPTO: SOL) blockchain continue to rise in interest and loyal communities built.

Benzinga

This ‘pay-to-spawn’ NFT shooter rewards you with crypto for kills

The game marries NFTs, crypto, tokenomics, and smart contracts. What could possibly go wrong?

Input

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StockNews.com

Is GameStop Stock a Buy Following Its NFT Debut?

Specialty Retailer GameStop (GME) debuted its NFT marketplace last month. However, with its bleak bottom-line positioning, would it be wise to invest in this popular meme stock now? Read on to find out….

Benzinga

EXCLUSIVE: Mogul Productions Cooking Up Hot New Films To Keep Us Warm In Web3 Winter

Crypto is on track to record its first month under $1 billion in sales since June 2021, according to Dapp Radar. OpenSea, the leading NFT marketplace, is down 75% in sales since May and looks set to scrape the lowest levels since July 2021, according to Dune.

Input

Hackers are being incentivized with worthless NFT to return stolen funds

Nomad Bridge was hacked at the beginning of the month, losing close to $200M in what was a copy-paste exploit.

Input

Another NFT venture disappeared hours after launch, this time with $815K

SudoRare pulled off what has to be the quickest rug pull to happen so far.

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Benzinga

Bored Apes That 'Melt In Your Mouth, Not In Your Hands' Are Coming To This Candy Company

One of the most popular candy brands in the world is the latest to see a partnership signed with the owner of a popular non-fungible tokens (NFTs) collection.

USA Today Sports Media Group

Exclusive Q&A: Jeffrey Jordan on the inspiration for inaugural ‘NFT JAM’ Tournament

Jeffrey Jordan, along with his father and NBA legend Michael, are redefining the fine art of the business of basketball.

Benzinga

Here's How Much Nike Has Made From NFTs

Apparel and footwear giant Nike Inc (NYSE: NKE) is one of the largest public companies to make its presence known in the non-fungible token space. Here’s a look at how Nike is involved and how much money it made.

Input

Nike has already made $185 million off of NFTs

The Swoosh leads the list of brands who’ve made the most money off of the space.

The Guardian - UK

More than $100m worth of NFTs stolen since July 2021, data shows

Criminals took an average of $300,000 worth of non-fungible tokens per scam, says cryptocurrency firm

Input

Casetify’s Bored Ape Yacht Club collection licenses over $2M worth of NFTs

The “To The Moon” capsule includes phone cases, hoodies, and skateboards covered with characters from the Bored and Mutant Ape Yacht Clubs.

Input

Afterpay’s NFTs grant access to NYFW shows and exclusive products

AnOnlyChild, Jonathan Simkhai, and Kim Shui are among some of the designers behind the collection.

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