Cryptocurrency Analysis and News Portal
In one of its first products since its formation, Forkast Labs has launched three specific indexes as it seeks to double down on its influential role in the crypto world. As reported by The Block, the three indexes include the Forkast 500 NFT, Forkast SOL NFT Composite, and Forkast ETH NFT
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Getty Images is gearing up to launch new photography NFTs to individual collectors. Through its partnership with Candy Digital, the visual content creator, Getty Images, will turn photographs from its 1970s music and culture collection into NFTs. The new collection follows a partnership forged between Getty Images (NYSE: GETY) and
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Hermès International, the French luxury fashion house, has requested a Manhattan federal court to block artist Mason Rothschild from marketing or owning his "MetaBirkin" non-fungible tokens (NFTs) following a recent jury decision that found Rothschild had violated Hermes' trademark rights in its famous Birkin bags, as reported by Reuters. French luxury
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Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Bitcoin Ordinals, over how it plans to auction its new Bitcoin NFT collection. On Mar. 5, Yuga opened bids for its “TwelveFold” collection which will see 300 NFT-like images inscribed on Satoshis using
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Crypto exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching Bicasso — an AI-based nonfungible token (NFT) creation tool. Binance allegedly ripped off a tool created by Chatcasso just two months after awarding them first prize in a BNB Chain hackathon held
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Galaxy Digital’s research arm predicts the bitcoin nonfungible token (NFT) market will be valued at $4.5b by March 2025 in a “base case” scenario. Bitcoin NFTs, currency market facilities, and the possibility of stealing market share from Ethereum all factored into Galaxy’s prediction. Details of the research Galaxy Digital experts assessed the potential expansion of
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There’s widespread public confusion around much of what the crypto industry does and is hoping to achieve, but it’s likely there’s no facet of the space that has attracted as much negative attention as nonfungible tokens. From environmental concerns about the tokens’ carbon footprint to the “you don’t really own
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Kenetic Capital led the round ahead of Redeem's second-quarter product launch. Source
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In this week’s newsletter, read about how a whale sold 1,010 nonfungible tokens (NFTs) within 48 hours. The Blur NFT marketplace captured the space’s attention, and the manuscript that coined the term “metaverse” is being auctioned by Sotheby’s. In other news, find out users’ motivations behind their NFT purchases, and
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