non-fungible token

The very first tweet of Jack Dorsey, whose non-fungible token (NFT) was sold for a whopping $2.9 million in 2021, now has a paltry price of less than $2,000.Iranian-born crypto entrepreneur Sina Estavi bought Twitter founder Dorsey's…

A recent Web3-focussed report had claimed that the “utility” element of non-fungible tokens (NFTs) is the top-most reason for people to keep investing in them, despite the fluctuating crypto market. When we talk about the usability of an…

File photo of tokens representing cryptocurrencies. | Photo Credit: Reuters Venture capital firm Andreesen Horowitz (A16Z) has introduced a tool to measure technical advances in the crypto industry. The index-style tool aims to look at…

Meta Platforms Inc is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral."We're winding down digital collectibles…

Music streaming giant Spotifyseems to be experimenting with a few interesting ideas right now. After announcing an AI-powered DJ feature, the company’s Twitter account has basically confirmed another experimental feature that lets owners…

Twitter's Blue checks may soon be a thing of the past, according to chief executive Elon Musk. Responding to a tweet from a user, Musk said the legacy Blue checks will be removed soon. "Dear @elonmusk, the blue verification mark is now…

Chinese internet giant Tencent Holdings' non-fungible token (NFT) platform Huanhe will no longer release digital collectibles to the public, it said on Tuesday, as regulatory scrutiny of NFTs mounts in the country. The Shenzhen-based…

OpenSea, the online marketplace for non-fungible tokens (NFTs), is making amendments to its policies to safeguard its users against the thefts of digital collectibles. The platform has decided to involve police officials in theft cases of…

Despite declining sales, players in the NFT sector have been trying to finetune services and open the space for more creators and buyers. Magic Eden, a marketplace for NFTs, has now added support for NFTs built on the Ethereum blockchain.…

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