Know What Is Non-Fungible Token And How It Works

Your Guide To Non-Fungible Tokens (NFTs) Digital assets are growing in popularity, and Non-Fungible Tokens (NFT) are the latest trend. In recent months, NFTs have seen many takers.  These unique digital assets exist on an Ethereum blockchain. The NFT enthusiasts see this as the next big phase for art collection, which can benefit both artists […]

MuskMelon: All you need to know about the latest utility token

MuskMelon, a utility token developed on Binance Smart Chain and Ethereum, is the latest addition to the world of NFTs (Non-Fungible Tokens) and Gaming. The project presents an interesting storyline that describes MuskMelon, created by a multi-billionaire and influencer who is on a roll in the economic and emerging technology landscape. Melon has made a […]

Case Against Crypto Exchange Binance Over Digital Token Sales Dismissed

A federal judge on Thursday dismissed a lawsuit accusing Binance, the world’s largest cryptocurrency exchange by trading volume, of violating US securities laws by selling unregistered tokens and failing to register as an exchange or broker-dealer. The lawsuit had been brought in Manhattan by digital token investors who had bought nine tokens – EOS, QSP, […]

Lionel Messi Becomes Ambassador for Crypto Fan Token Platform Socios

Football icon Lionel Messi has signed a $20 million (roughly Rs. 150 crore) deal with digital fan token company Socios.com to become its global brand ambassador. As part of the newly inked deal, the Argentine captain and star player of French club Paris Saint-Germain will serve as the exchange’s ambassador for the next three years. […]

Bored Ape Yacht Club Creator Announces New Token Named ApeCoin

Yuga Labs, the breakthrough crypto startup behind the most valuable non-fungible token (NFT) project by market capitalisation, Bored Ape Yacht Club, is now launching its own crypto token called ApeCoin, for use on the BAYC ecosystem. The token will be independent of Yuga labs and controlled by a decentralised community called the ApeCoin DAO (decentralised […]

US SEC Looking Into NFT Market for Unlawful Crypto Token Offers

The US Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, is reportedly investigating non-fungible token (NFT) creators and marketplaces for securities violations. SEC attorneys have reportedly summoned a number of stakeholders over the past few months to demand information on potentially illegal token offerings, with a focus on ‘fractional NFTs’. As per the […]

This Metaverse Token on Uniswap is Fraud, Warns Animoca Brands

Animoca Brands, the noted Hong-Kong based investor in non-fungible token (NFT) and metaverse projects has issued a warning on Twitter about a scam that involves the sale of a fake ERC-20 token, labelled “Animoca Brands Metaverse”, on Uniswap V2, a protocol for automated token exchange on the Ethereum blockchain. The Web3 investor stated in an […]

Home NFT Auction In Florida: 4-Bedroom Property Sold As Non-Fungible Token For 210 Ether (Rs. 4.93 Crores)

A 4-bedroom property was sold as non-fungible token for 210 Ether in Florida, United States NFTs, or non-fungible tokens, are the new rage. It could also be branching out into a new market: real estate. In what could be one of the first sale of a house using NFTs, a woman from Florida purchased a […]

Japan’s Line to Enable Trial Payments in Native Crypto Token

Line Corporation has decided to try out the real use cases of its native crypto token called LINK (LN). The company that has messaging and digital payment services will allow its users to pay in LINK tokens at select online merchants. The new option will be on trial for nine months, from March 16 to December […]

US Home to Be Sold in Novel Non-Fungible Token Deal

A home along Florida’s Gulf Coast will be auctioned off in the upcoming week as a non-fungible token in what is believed to be among the first such transactions in the US. Non-fungible tokens — or NFTs — use a version of the encryption technology employed to secure cryptocurrencies to create one-of-a-kind digital objects. The […]

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