NFT
Non-fungible tokens (NFTs) are cryptographic assets on blockchain with unique identification codes and metadata that distinguish them from each other. NFTs cannot be replicated, and it can be used to represent real-world assets like real estate, art, identity and property rights.
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Weekly NFT Sales Soar by 94% to Reach $181 Million
Sales of non-fungible tokens (NFTs) have experienced a significant boost, reaching $181 million in the past week, fueled by strong…
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Why Ethereum Is Struggling to Rally Despite Positive Developments
Ethereum, once heralded as the foundation of decentralized finance and smart contracts, has had a tough 2024. Analysts expected that…
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Arab Bank Switzerland Strengthens Its Position with Strategic Partnerships and Innovations
The financial institution based in Zurich and Geneva is partnering with the Wecan Group and joining the Blockchain Association for…
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Vatican Library Pioneers NFT Use in Historic Manuscript Access
The Vatican Library, established in the 15th century, is embracing NFTs to enhance its online engagement and connect with supporters,…
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South Korea’s FSC Classifies Certain NFTs as Virtual Assets Prior to New Crypto Regulations
South Korea’s Financial Services Commission (FSC) has announced a shift in its stance towards nonfungible tokens (NFTs), aiming to classify…
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Cristiano Ronaldo Celebrates Saudi Arabia Chapter with New NFT Collection
Football legend Cristiano Ronaldo and leading cryptocurrency exchange Binance have teamed up to launch a unique NFT collection titled “Forever…
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GDA Capital Invests in Blockchain-Based IP Licensing U-topia
In a notable industry development, GDA Capital has announced its participation in a strategic investment for U-topia, a move poised…
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Solana Surges Ahead for the First Time, Achieves Historic NFT Sales Triumph Over Ethereum
Solana, the blockchain network known for its speed and scalability, has taken the lead in the NFT market, outpacing Ethereum…
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Avalanche Foundation Ventures into Meme Coins with $100 Million NFT Initiative
The Avalanche Foundation, a nonprofit overseeing the development of the Avalanche Network, has announced intentions to enter the meme coin…
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Trump Sells $2.4 Million in ETH Holdings, But Why?
Amidst his third attempt at reviving his NFT trading card business, former president, Donald Trump, appears to be making a…
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