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“# NFTs come to Saturday Night Live in rap sketch ” The craze behind non-fungible tokens, or NFTs, has seemingly reached peak parody after NBC’s famed Saturday Night Live sketch comedy featured it in a skit with United States Treasury Secretary “Janet Yellen.” In last night’s show hosted by former cast member Maya Rudolph, Yellen…
“# Smells like NFT spirit? Look Labs launches first digital fragrance ” Look Labs, a contemporary beauty and lifestyle studio founded in Berlin, Germany, has launched the first digital fragrance encoded into a non-fungible token, or NFT, offering further evidence that the digital art craze continues to grow. The fragrance is a digital version of…
“# Russia’s Hermitage museum to host NFT art exhibition ” Russia’s State Hermitage Museum, the second-largest art museum in the world, is preparing to host a digital art exhibition involving non-fungible tokens. Scheduled to take place in 2021, the Hermitage’s NFT project will be Russia’s first exhibition in the field of NFT art, the museum…
“# SEC’s ‘Crypto Mom’ warns selling fractionalized NFTs could break the law ” Speaking at Draper Goren Holm’s Security Token Summit on March 25, SEC commissioner Hester Peirce, also known as “Crypto Mom” warned the issuers of fractionalized non-fungible tokens and NFT index baskets that they could inadvertently be distributing investment products. While Peirce stated…
“# Could LEGO be hopping on the NFT train? ” The LEGO Group, a toy manufacturer best known for its popular interlocking plastic bricks, hinted it may be getting into the latest craze in the crypto space. On Wednesday, the official LEGO Twitter account posted (and then quickly deleted) a message referencing non-fungible tokens, or…
“# New tech allows crypto users to mint NFTs with ‘proof of presence’ ” The latest product from IoTeX, a privacy-focused platform for the Internet of Things, reportedly brings the concept of a smartphone’s trusted execution environment with real-world data to the crypto space. Head of business development at IoTeX Larry Pang told Cointelegraph that…
“# Double jump.tokyo signs up to layer-two scaling solution for NFTs ” Double jump.tokyo, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable X platform to mint and trade nonfungible tokens, or NFTs, across all its games. Immutable X is a layer-two solution for the…
“# Nifty News: Italian copyright agency mints 4M NFTs, breast cancer LINK found, and more ” Italian copyright collecting agency Società Italiana degli Autori ed Editori, SIAE, has minted more than four million NFTs on the Algorand blockchain to digitally represent the rights of more than 95,000 authors. The partnership between SIAE and Algorand started…
“# Theta token price sinks 25% overnight after mainnet delay ” After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months. Theta is a blockchain-based video streaming platform…
“# Vitalik Buterin: NFTs can be a social good, not just a casino for rich celebrities ” Ethereum co-creator Vitalik Buterin believes NFTs can be applied to socially relevant causes such as charities and funding public goods, but not while the technology is still viewed as a “casino that largely benefits already-wealthy celebrities.” The author…