OpenSea, the second largest NFT trading platform, announced that it will stop enforcing mandatory artist fees — a feature that drew many to the space.
Federal prosecutors say the conviction marks the first insider trading case involving NFTs.
As a cryptographic unit for record-keeping, an NFT can be seen as analogous to a signature or an autograph.
Simulation Sketchbook takes as its starting point the reality that digital artists, like all artists, sketch out their work as well.
The most glaring sign of NFTs’ decline may not be their descending value, but their growing resemblance to the rest of the art market.
Hedvig Ersman, the granddaughter of Hilma af Klint’s nephew, said the sale of NFTs on Pharrell Williams’s GODA platform “goes against the will” of the artist.
Goblins became a fitting identity for NFT enthusiasts, who are uncertain about their future, yet are still darkly proud of their fast-paced, albeit often conniving, subculture.
The use of technologies such as NFTs and live streaming has been growing steadily in the music world since the COVID-19 lockdowns.
Martín Mobarak may have broken Mexican law, but he burned the proof.
But the “merge,” as the transition to a proof-of-stake protocol is being called, has not helped the value of the cryptocurrency, and scammers took advantage of the hype.
But so far, the museum has remained vague on the subject of what, exactly, these “initiatives” will be.
It’s the latest in a rocky year of scams, plagiarism, and poor customer service on the platform, but NFT enthusiasts say they can survive the bear market.