Non-Fungible Tokens (NFTs)
- Technology
NFT marketplace OpenSea lays off 50 per cent of its workforce
San Francisco: Non-fungible token (NFT) marketplace startup OpenSea, valued at $13.3 billion last year, has laid off about half of its workforce as part of “significant organisational and operating changes”. A company…
- Business
US takes 1st action against firm for selling unregistered NFTs with $6 mn fine
Washington: The US Securities and Exchange Commission (SEC) has charged Impact Theory, a media and entertainment company headquartered in Los Angeles, with conducting an unregistered offering of crypto asset securities in the…
- Technology
NFT of Jack Dorsey’s first tweet loses 99 per cent of value
New Delhi: The very first tweet of Jack Dorsey, whose non-fungible token (NFT) was sold for a whopping $2.9 million in 2021, now has a paltry price of less than $2,000. Iranian-born…
- Technology
Bought for $30 mn, Internet’s most expensive domain gets just 88K monthly visitors
New Delhi: Call it bizarre but the most expensive domain ever on Web, that was bought for $30 million, receives only 88,800 visitors per month while the third costliest Internet domain name…
- Business
N.Korean hackers steal NFTs using nearly 500 phishing domains: Report
Seoul: North Korean hackers linked to cybercrime group ‘Lazarus Group’ are behind a massive phishing campaign targeting non-fungible token (NFT) investors, using around 500 phishing domains to dupe victims, a new report…
- India
IITs prepare for Web 3.0 future, to provide crypto, blockchain, NFT courses
New Delhi: Web 3.0, Blockchain, Cryptocurrency, Metaverse and NFT are future-centric technology-based courses. Such educational programmes are being developed in India by TimesPro in collaboration with leading industry partners and Indian Institutes…
- Technology
Chinese tech firms pledge to ban NFTs, cryptocurrency marketplaces
Beijing: Chinese internet and tech giants on Monday signed an initiative to ban cryptocurrency and digital collectibles (NFTs), along with a promise not to establish secondary marketplaces. According to the South China…
- Technology
Top NFT marketplace OpenSea admits email data breach
New Delhi: Leading non-fungible token (NFT) marketplace OpenSea has admitted a major email security breah, warning users that they may have been impacted. In a blog post, OpenSea said it learned that…
- Technology
NFTs, crypto are ‘100% based on greater fool theory’: Bill Gates
San Francisco: Tech billionaire Bill Gates has said that he holds no position in cryptocurrencies or non-fungible tokens (NFTs), as they are “100 per cent based on greater fool theory”. The theory…
- Technology
Instagram testing NFTs this week, Facebook soon: Zuckerberg
New Delhi: Meta-owned Instagram is starting to test digital collectibles or non-fungible tokens (NFTs) this week, its CEO Mark Zuckerberg said on Monday, as the global NFT market sees downturn. Zuckerberg confirmed…
- Tollywood News
‘KGF’ sets foot in metaverse, fans snap up NFTs in record time
Bengaluru: Racing towards its theatrical release this month, ‘KGF: Chapter 2’ is making waves in the metaverse as well. A record number of Non Fungible Tokens (NFTs) have been snapped up by…
- World
UK taxmen seize NFTs for 1st time in $1.9 mn fraud case
London: In a first, the UK tax authority has seized three Non-Fungible Tokens (NFT) as part of a probe into 1.4 million pounds (roughly $1.9 million) fraud case, the BBC reported on…
- Technology
Lamborghini announces its first NFT
Rome: Italian automaker Lamborghini has announced that it is set to release its first NFT (non-fungible token) next month. Lamborghini is joining Nike, Samsung and other tech companies in embracing NFTs. “This…
- Technology
YouTube’s head of gaming leaves to join Polygon Studios
San Francisco: YouTube’s head of gaming, Ryan Wyatt, has announced that he is leaving YouTube and Google for blockchain company Polygon Studios. Wyatt will be focused on leading Polygon’s non-tech-related efforts. Despite…
- Technology
Elon Musk calls Twitter’s NFT profile pics ‘annoying’
San Francisco: Soon after microblogging platform Twitter’s subscription service Twitter Blue rolled out a new feature allowing users to show off their non-fungible token (NFT) on their profile picture, Tesla and SpaceX…
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