The term NFT stands for non-fungible token. It is essentially a way to represent digital media on the blockchain in forms ranging from pictures to songs. By storing it on the blockchain, people can ...
A digital artist known as Beeple sold a piece of entirely digital art through Christie's for over $69 million in March, flipping the art world upside down. But the digital registry where that piece of ...
A bug on popular NFT marketplace OpenSea exploited prices and allowed hackers to buy and flip NFTs for cheap. Blockchain analytics firm Elliptic wrote in a blog post on Monday that hackers used the ...
Fungible is another word for interchangeable. Bitcoin BTC, ether, and solana are fungible tokens because they are all the same. It should make no difference to a buyer which one he or she owns. If ...
The NFT market did not entirely disappear in 2024 thanks to projects like Pudgy Penguins and top collections from last year reaching price records. The market even posted a better performance compared ...
Mike Winkelmann’s life changed on March 11, 2021, and so did the trajectories of the art and the blockchain communities. That day, Winkelmann, a digital artist more commonly known by the handle Beeple ...
It’s been impossible to avoid hearing about NFTs in recent months. Hype for the tokens—pitched as proof of ownership of a digital item—has reached a fever pitch, while billions of dollars have poured ...
NFT sales volume dropped to 20-month lows, while the rapper's latest NFT was removed from trading platforms over copyright infringement. By Benjamin James As the tech hype shifts from crypto to AI, ...