Tuesday, February 20, 2024 – A new wave in the Non-Fungible Token (NFT) space emerged with the launch of DN404, an experimental hybrid token and NFT standard. Following on the heels of the ERC-404 standard, which aims to combine fungible and non-fungible functionalities, DN404 takes a different approach. Claimed as “Divisible NFT,” DN404 seeks to […]

DUBAI, United Arab Emirates – Tuesday, June 11, 2024 – Dubai’s Roads and Transport Authority (RTA) has partnered with SmartCrowd Holding Ltd., the parent company of SmartCrowd Ltd., to launch a groundbreaking blockchain-powered investment platform. This innovative initiative aims to attract investments through non-fungible tokens (NFTs) for real estate and public facilities planned by the […]

LOS ANGELES, Monday, June 17, 2024 – The Los Angeles County Museum of Art (LACMA) announced the acquisition of a digital artwork titled “Path to Xanadu” (2023) by the Chris Burden Estate. This film NFT (non-fungible token) marks LACMA’s first digital artwork acquisition and signifies the museum’s growing embrace of new artistic mediums. Path to […]

The verification of ownership of any physical or digital asset is essential for the legitimacy of financial and non-financial transactions. Conventionally, the authentication process for these assets has been documented on paper or digitalized into a central database, which is often inefficient and exposes them to fraudulent documentation processes. NFTs have given creators the opportunity […]

From the ancient city of Ugarit (modern-day Syria) to the cathartic melodies of Coldplay, music has been enriching civilization for as long as man could speak. However, the music industry has undergone a significant transformation in recent years. The rise of digital music streaming platforms, such as Spotify and Apple Music, has led to a […]

Beijing, China, Monday, November 13- On November 10, 2023, the Chinese government unveiled intentions to safeguard non-fungible tokens (NFTs) as virtual assets. The announcement was made by the Cyberspace Administration of China (CAC), which is the country’s top internet regulator. The announcement was made by the Cyberspace Administration of China (CAC), which is the country’s […]

SAN FRANCISCO, Monday, May 27, 2024 – PayPal has rolled back protections for users involved in non-fungible token (NFT) transactions. Effective May 20, 2024, purchases of NFTs will no longer be covered by PayPal’s buyer protection program. Additionally, seller protection for NFT sales exceeding $10,000 is now limited. The change was first seen on PayPal’s […]

Tokyo, Wednesday, May 29, 2024 – The crypto asset exchange provider, SBI VC Trade Corporation, is set to use XRP Ledger to issue NFTs for the coming World EXPO 2025 Digital Wallet NFTs in Osaka, Japan, according to a press release. The NFTs will be distributed at the start of the event on April 13, […]

San Francisco, Tuesday, March 26, 2024 – Tensor, Solana’s top NFT marketplace, announced on March 13, 2024, that the $TNSR governance token will be introduced soon to the decentralized market. The new formation of the Tensor Foundation will be operated by the Tensor protocol with $TNSR holders, empowering the blockchain platform. The in-depth revelation of […]

Washington, D.C , Tuesday, March 26, 2024 – There is widespread intellectual property (IP) infringement across various NFT (Non-Fungible Token) marketplaces, the US Copyright Office and the Trademark Office (USPTO) said, citing a study conducted jointly by them recently. “While there is a clear need to address intellectual property issues within the NFT market, implementing […]

Davos, Switzerland Tuesday, January 23, 2024 – Tune.FM, a music platform built on blockchain technology, announced recently that it had secured $20 million in Series B funding to bolster its growth and allow artists in the Web3 era to flourish. The investment, led by alternative investment group LDA Capital, reinforces Tune.FM’s mission to disrupt traditional […]

The Web3 Festival Starts on April 6 and Ends on April 9 With OKX Taking Center Stage; Tickets Available online in NFT Form or Regular  HONG KONG, Tuesday, April 02, 2024- Building upon the success of its 2023 edition, the Hong Kong Web3 Festival returns this year from April 6–9 at the Hong Kong Convention […]