The Business Times

non-fungible tokens (nft)

Crypto & Alternative Assets

NFT market falls fifth-straight quarter, trading volumes plummet

Kraken’s move to shut down its NFT marketplace comes amid broader shakeups at the company over the last month.
Banking & Finance

Crypto exchange Kraken shuts down NFT marketplace

An NFT confirms unique ownership of a digital asset.
International

Mutant Ape Planet NFT fraudster avoids prison in investor scam

Inflation, high interest rates and political instability made the wealthiest clients become more cautious with art purchases and take more time deciding on potential acquisitions.
Lifestyle

Wealthier clients became more cautious about art, sales dropped last year: UBS

The US SEC and the crypto industry have locked horns in recent years over their divergent views on whether crypto assets classify as securities and should be regulated similarly.
Banking & Finance

US SEC threatens to sue NFT marketplace OpenSea, CEO says

P2E games are a subcategory of Web3 games that leverage blockchain technology to create secure, tradable tokens. The number of games launched, the increase in market capitalisation and the rise in daily active users in recent months all point to the recovery in the Web3 gaming market.
Opinion & Features

Two years after the bubble burst, are play-to-earn games still relevant in South-east Asia?

This month Google searches for NFTs hit their lowest level since 2021, when the tokens began to enter the mainstream, according to Google Trends.
Banking & Finance

NFTs fail to regain appeal as investors turn to new Ether ETFs

Arts' pandemic recovery picks up pace
Lifestyle
ARTS

Arts' pandemic recovery picks up pace

While NFTs and NFT platforms have so far rarely been used for acts like terrorist financing, they can be used to launder proceeds from crimes, said the report by the US Treasury Department.
Banking & Finance

NFTs ‘highly susceptible’ to fraud, scam uses: US government

Dolce & Gabbana allegedly told consumers that buying the DGFamily NFTs would grant them access to various digital rewards, physical products and exclusive events.
Companies & Markets

Dolce & Gabbana metaverse fashion offering leaves shopper fuming

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