non-fungible tokens (nft)

Crypto elite shun NFTs for 69-million-year-old dinosaur fossils

The triceratops skeleton now resides in an 82-square-metre, windowless room inside Le Freeport

NFTs serve as blockchain certificates that authenticate ownership of a particular asset.

NFT market falls fifth-straight quarter, trading volumes plummet

The second quarter marks the weakest performance for the space since the market peaked in 2022, when annual trading volume reached more than US$50 billion

NFTs have not rebounded from the crypto bear market of 2022 as strongly as major tokens such as Bitcoin.

Crypto exchange Kraken shuts down NFT marketplace

THE crypto exchange Kraken is shutting down its non-fungible token (NFT) marketplace almost two years after the platform was launched, saying it’s shifting more resources into new products and service...

An NFT confirms unique ownership of a digital asset.

Mutant Ape Planet NFT fraudster avoids prison in investor scam

A FRENCH national who sought to exploit the frenzy for non-fungible tokens (NFTs) in 2022 by selling his “Mutant Ape Planet” digital assets avoided prison for defrauding buyers after a judge said it w...

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.

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

GLOBAL art sales fell 4 per cent last year to around US$65 billion, as the wealthiest buyers reduced purchases, according to the Art Market Report, published by Swiss bank UBS on Thursday (Oct 24).

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.

US SEC threatens to sue NFT marketplace OpenSea, CEO says

THE US Securities and Exchange Commission has threatened to sue non-fungible tokens marketplace OpenSea, the company’s CEO said in a post on social media platform X on Wednesday.

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 a recovery in the Web3 gaming market.

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

While the genre retains loyal players, the focus is shifting from earnability to playability

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

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

MANY investors are betting that Bitcoin and Ether will set fresh highs this year, but there’s one corner of the cryptocurrency market that is getting the cold shoulder: non-fungible tokens (NFTs).

Arts' pandemic recovery picks up pace
ARTS

Arts' pandemic recovery picks up pace

Locally and globally, the arts sector's Covid-19 recovery is picking up pace.

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

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

A US government report released on Wednesday (May 30) found non-fungible tokens (NFTs) to be “highly susceptible to use in fraud and scams,” urging for more regulations to be considered on these digit...