Blockchain

Block chain, is a growing list of records, called blocks, that are linked using cryptography.
NFTs
UK Tax Case Marks First Ever NFT Seizure
February 14, 2022

In what is believed to be the first such action by British law enforcement, the U.K.’s tax watchdog has seized three non-fungible tokens (NFTs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

NFTs
eMarketplace Cent Stops Selling Most NFTs Due to Fraud
February 13, 2022

Cent, a platform for selling non-fungible tokens (NFTs), has suspended a majority of its transactions because people have been selling content that isn’t theirs, Reuters reported Saturday (Feb. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

NFTs
OpenSea Rolls out Investment Arm, Grants for NFTs
February 13, 2022

Non-fungible token (NFT) marketplace OpenSea is debuting an investment arm following its raising $300 million at a $13.3 billion valuation last month, the company announced Friday (Feb. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Blockchain
Voting Power Struggles Plague DeFi’s Efforts to Gain Broader Acceptance
February 10, 2022

Last Thursday, the billionaire founder of the Tron DApp platform borrowed $13 million worth of COMP, the governance token that gives owners a vote on how to run DeFi lending platform Compound. Get the Full Story Complete the form to unlock this article and enjoy...

Blockchain
Debunking 4 Myths About Blockchain
February 09, 2022

Although it has been adopted by many multinationals, blockchain is among the least understood forms of modern payment technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Blockchain
Powered by DeFi, NFTs and Web 3.0, Decentralized Social Media Seeks to Unseat Tech Giants
February 09, 2022

Decentralized finance lending platform Aave has launched a new social media protocol it hopes will take the likes of Twitter, Facebook, Instagram and TikTok into the open-source, tech-giant-free world of Web 3.0. Get the Full Story Complete the form to unlock this article and enjoy...

NFTs
Nike and Hermès NFT Lawsuits Presage a Wave of Metaverse IP Litigation
February 08, 2022

NFTs, art, commerce and people who pay way, way too much for sneakers and handbags are getting ready to clash in a lower Manhattan courthouse as Nike and Hermès have launched trademark infringement lawsuits over cryptocurrency tokens carrying images of their products. Get the Full...

Blockchain
61% of Businesses See Operational Efficiency as Blockchain and Crypto Opportunity
February 07, 2022

Executives with a deeper understanding of how blockchain technology works tend to use or exhibit openness to using it at a higher rate than those with little or no knowledge of it, according to Cryptocurrency, Blockchain and Cross-Border Payments, a PYMNTS and Circle collaboration that...

NFTs
US Treasury Eyes NFTs as Prime Target of Money Launderers
February 06, 2022

The U.S. Treasury is looking into the potential for nonfungible tokens, (NFTs) to be used in financial crimes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...