Nft news and trends

GameStop to Wind Down NFT Marketplace Amid ‘Continuing Regulatory Uncertainty’
NFTs // January 18, 2024

GameStop is getting out of the non-fungible token (NFT) arena. In an update posted on its GameStop NFT website, the company said it has decided to wind down its NFT marketplace “due to the continuing regulatory uncertainty of the crypto space.” “Effective as of February 2, 2024, customers...

VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues
Cryptocurrency // January 10, 2024

The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital investment in the crypto industry plummeted to just $9.5 billion during the year, less than a third of the previous...

MaxxChain Employs Blockchain for Faster Trucking Payments
Blockchain // November 19, 2023

Web3 platform MaxxChain has introduced blockchain solutions for the logistics sector. The initiative, announced Friday (Nov. 17), “provides a seamless, transparent, and efficient approach to funding by integrating blockchain, smart contracts, and artificial intelligence” (AI) the company said in a news release. The solution promises a “secure...

Blockchain, Smart Contracts and DeFi Help Modernize B2B Transactions, Interactions
Investments // October 19, 2023

Web3 has a branding problem. Far from being simply synonymous with crypto, decentralized finance and blockchain will do much to transform industries that have been mired in paper, in invoices, fragmented and friction-filled when it comes to payments. And, as Austin Noronha, managing director of...

Interviews & Exclusives
Blockchain, Smart Contracts and DeFi Help Modernize B2B Transactions, Interactions

October 19, 2023
Web3 has a branding problem. Far from being simply synonymous with crypto, decentralized finance and blockchain will do much to transform industries that have been mired in paper, in invoices, fragmented and friction-filled when it comes to payments. And, as Austin Noronha, managing director of the U.S., and Ludovic Copéré, senior investment director, at Sony […]

Virtual Malls Give Merchants Low-Cost Way to Reach Consumers

March 28, 2023
The metaverse is expected to open up a world of opportunities for businesses and is projected to generate up to $2.6 trillion in commerce volume by 2030, according to data...

Jeter’s Card Trading Platform Faces Glut of Cards and Competitors

September 14, 2022
For baseball megastar Derek Jeter, will the digital platform for trading cards be boon or bust, home run or strikeout? Much depends on the scarcity volume, and scarcity value, of...

10 Predictions About What’s Next for Crypto in 2022

January 03, 2022
There’s no denying that 2021 was the year that cryptocurrency went mainstream. Even with a couple of bad busts to counter the booms, Bitcoin gained acceptance as a financial asset...

Quick Reads
GameStop to Wind Down NFT Marketplace Amid ‘Continuing Regulatory Uncertainty’

January 18, 2024
GameStop is getting out of the non-fungible token (NFT) arena. In an update posted on its GameStop NFT website, the company said it has decided to wind down its NFT marketplace “due to the continuing regulatory uncertainty of the crypto space.” “Effective as of February 2, 2024, customers will no longer be able to buy, sell or create […]

VC Investment in Crypto Plunged Amid Scandal and Regulatory Issues

January 10, 2024
The year 2023 proved to be a challenging period for cryptocurrency startups, as scandal and regulatory issues took a toll on fundraising efforts. Venture capital investment in the crypto industry...

MaxxChain Employs Blockchain for Faster Trucking Payments

November 19, 2023
Web3 platform MaxxChain has introduced blockchain solutions for the logistics sector. The initiative, announced Friday (Nov. 17), “provides a seamless, transparent, and efficient approach to funding by integrating blockchain, smart contracts, and...

SEC: Impact Theory Sold $30 Million in Unregistered NFTs

August 28, 2023
A media company that claimed it wanted to “build the next Disney” is now facing charges from America’s crypto regulator. The Securities and Exchange Commission announced Monday (Aug. 28) that the Los Angeles-based Impact...