Spotify may be adding blockchain technology and non-fungible tokens (NFTs) to its streaming service, a move that’s exciting those in cryptocurrency and music industries about how digital assets can boost earnings for artists, according to a Financial Times report Thursday (March 17). Spotify is recruiting...
Non-fungible tokens (NFTs) should be coming to Instagram in “the next couple of months,” Meta CEO Mark Zuckerberg announced at the SXSW conference on Tuesday (March 15). Speaking at the Austin, TX, festival where Twitter was born, Zuckerberg said that while he was not ready...
Former Disney chairman Bob Iger has joined the board of Genies after making an investment in the NFT/metaverse startup, the company announced on Twitter Monday (March 14). “Thrilled to be joining the @genies Board of Directors to help @akashrnigam and company empower humans to create...
Nonfungible tokens (NFTs) made their mark in 2021, with sales, profits and buyers surging exponentially over 2020, according to a report from NFT data company Nonfungible.com, done in collaboration with L’Atelier BNP Paribas. The trading of NFTs last year hit more than $17 billion, up...
Last month, Perfect Corp., an artificial intelligence (AI) and augmented reality (AR) beauty and fashion tech firm, launched a virtual try-on tool for the beauty brand Sally Hansen. Now, the company is trying something new: a virtual try-on NFT (nonfungible token) collection, allowing consumers to...
Singapore-based cryptocurrency FinTech platform Cake DeFi on Wednesday (March 9) launched a $100 million venture capital investment arm — Cake DeFi Ventures — that will target Web3, the metaverse, non-fungible tokens (NFTs), eSports gaming and other FinTechs, according to a company blog post. Cake DeFi,...
Memorabilia bearing Mickey Mantle’s autograph has traditionally been one of the safest investments in world of sports collectibles — be it baseballs or the Yankees slugger’s rookie card. On Friday (March 4), a non-fungible token (NFT) featuring a photo of the 1952 Topps card sold...
Ukraine plans to be the first developed country to issue its own collection of nonfungible tokens (NFTs), capitalizing on cryptocurrency donations coming in to support its defense against Russia, the Financial Times reported. Mykhailo Fedorov, the vice prime minister, announced this plan in a tweet...
Non-fungible tokens (NFTs) are a $41 billion business, and where there’s several zeros behind any product, there are usually insurers. However, that’s not the case with NFTs, a segment of the cryptocurrency market that wasn’t worth even 1% of that two years ago. But, with...