Introduction: The marriage of NFTs (Non-Fungible Tokens) and AI (Artificial Intelligence) has given birth to innovative avenues in the crypto and tech industry. Creon emerges at the forefront, proving how blending these technologies can create value-driven ecosystems for its community. Revolutionary Concept of Creon Pass …
Read MoreWhy are 95% of NFTs worthless now? New study reveals sheds light on crash of non-fungible tokens market
Non-fungible tokens (NFTs) have surely fascinated the globe in recent years. These digital assets, which were predominantly linked with the art sector, were heralded as a game-changing invention that would change the way we perceive and value digital compositions as per Rolling Stone. A new …
Read MoreAndrew Tate Slams Crypto and NFTs
The Base token could be viable at some point in the future. However, the Layer 2 network is focused on improving its underlying technology and infrastructure to onboard more users and developers into its ecosystem. Summary: Decrypt’s interview with Paul Grewal, Coinbase’s Chief Legal Officer, …
Read MoreUpland takes philanthropy to the metaverse: NFTs to support equitable playground access
Description In a move showcasing the possibilities of the virtual realm merging with tangible world projects, Upland, a renowned metaverse platform mapped to real-world locations, is paving the way for charitable endeavors in the digital space. This time, the focus is on ensuring that children …
Read MoreNow you can make money through NFTs, thanks to Justin Bieber
You can now earn royalties from a Justin Bieber song. His hit song ‘Company’ has been released as an NFT. This means investors and fans alike will be able to ‘own’ the track and profit from streaming royalties. READ MORE: All those NFTs that sold …
Read MoreEthereum Whales Unfazed By Prices, Pulls $8.1 Million Of ETH From Binance And Buys NFTs
Ethereum is under pressure and has just dropped below $1,600. However, on-chain data shows that a crypto whale, “0xb154”, has moved more coins from Binance, a cryptocurrency exchange, to a non-custodial wallet. On September 21, the ETH whale transferred over $8.1 million of the coin. ETH …
Read MoreSEC Continues Enforcing Against NFT Projects
In its second action involving NFTs, the SEC targets an offering tied to fundraising and promises of future value. On September 13, 2023, the Securities and Exchange Commission (SEC) issued a cease-and-desist order (the Order) against Stoner Cats 2, LLC (SC2) for an alleged …
Read MoreStudy Reveals Nearly All NFTs Are ‘Totally Worthless’
RIP to the NFT? According to a new report from dappGambl, the non-fungible tokens craze has seemingly come to an end, as the vast majority of these digital assets are now completely “worthless.” A team of researchers analyzed more than 73,000 NFT collections owned by 23 million investors, and found …
Read MoreCrypto Concern: Former SEC Official Sounds The Death Knell For NFTs And Digital Assets
In a scathing critique of the crypto industry, former Chief of the US Securities and Exchange Commission (SEC) Office of Internet Enforcement, John Reed Stark, has raised serious concerns about the viability and promises of digital collectibles, particularly non-fungible tokens (NFTs). Stark compares the meteoric …
Read MoreNew Study Claims that Most NFTs are Now Worthless
NFTs (Non-Fungible Tokens for the uninitiated) were once the new, hot thing being hyped to provide artists and content creators a way to profit from the digitization of everything. Inherently tied to cryptocurrencies and blockchain technology, this was supposed to be the way of the …
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