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“# Alibaba launches NFT marketplace for copyright trading ” Chinese multinational e-commerce firm, Alibaba Group Holding, has launched a new nonfungible tokens (NFTs) marketplace allowing trademark holders to sell tokenized licenses to their intellectual property. The new NFT marketplace, dubbed “Blockchain Digital Copyright and Asset-Trade,” can be accessed via Alibaba’s Auction platform. NFTs launched via…
“# Alex Saunders again under fire after virtual HQ in Decentraland fails to launch ” Australian crypto influencer and Nuggets News founder Alex Saunders is facing backlash over his non-fungible token (NFT) sale from late last year. Nuggets News is a paid group providing technical analysis and crypto tips to subscribers that was founded by…
“# Terra Virtua moves to Polygon blockchain, citing environmental concerns ” Digital collectibles platform Terra Virtua has moved from the Ethereum blockchain to Polygon in an attempt to be greener. In a Monday announcement, Terra Virtua said it had switched to Polygon as part of a plan to create a more sustainable nonfungible token, or…
“# Solana price soars to new highs with DeFi project launch, $70M DEX funding ” Solana blockchain’s native asset, SOL, soared to a new record high on Monday. The SOL/USD exchange rate rose by 26.12% to $65.467 on the Binance exchange after traders assessed a flurry of infrastructural developments in the Solana ecosystem, including a…
“# CyberKongz’ mass monkey minting burns $4M in Ether in 5 hours ” The latest craze in animal themed nonfungible tokens has been such a big hit that it has become the top burner of Ethereum transaction fees over the past 24 hours. CyberKongz, which started as a collection of 1,000 unique NFTs in early…
“# Nonfungible tokens: A new paradigm for intellectual property assets? ” Nonfungible tokens, or NFTs, are digital records of the ownership of assets. The asset types most commonly associated with NFTs are digital assets, such as artwork like memes, GIFs, or gaming characters or properties. Assets represented by NFTs, however, may be digital, physical, tangible…
“# 3 reasons why Aavegotchi (GHST) price spiked to a new all-time high ” The NFT sector took the world by storm in 2021 as crypto and corporate sector influencers, globally recognized companies and popular sports teams embraced the growing digital collectible trend. After a brief sector-wide pullback which coincided with the market-wide declines seen beginning in…
“# Musician sells rights to deepfake her voice using NFTs ” American musician and composer Holly Herndon seems to be capitalizing on the principle of deep-fake technology by allowing fans to use a digital version of herself to create original artwork they can then sell. According to a Thursday announcement from Herndon on Twitter, users…
“# OpenSea trading volume explodes 76,240% YTD amid NFT boom ” Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021. DappRadar data shows that the total incoming value to OpenSea’s smart contracts increased to $56.07 million on Wednesday compared to $73,556 on Jan. 1. Meanwhile, the marketplace’s user…
“# Are NFTs being used for money laundering? Yes, they are, claims Mr. Whale ” The nonfungible token (NFT) space has been a hive of activity over the past month or so, but there could be more going on than meets the eye as concerns emerge over the sector’s involvement in money laundering and tax…