Category: Industry
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Playboy lost $4.9M on Ethereum it accepted as NFT payments
PLBY Group, the parent company of Playboy, reported a $4.9 million impairment loss on Ethereum held last year due to…
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Mystic Moose will transform static NFTs into fully-fledged 3D models
Web3 gaming studio Mystic Moose is revolutionizing the non-fungible token (NFT) industry by introducing a novel feature that lets users…
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Sotheby’s unveils metaverse NFT auction during Paris Blockchain Week
Sotheby’s plans to conduct an NFT auction called “Oddly Satisfying,” influenced by a well-known Reddit phenomenon. The auction will showcase…
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Rapper Tyga denies breaching $500k NFT contract in ongoing lawsuit
Tyga, the American rapper, has refuted allegations of violating a contract worth $500,000 to endorse a collection of NFTs. Instead,…
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NFTs and the Louvre: Claire Silver’s disappointment highlights broader debate
Claire Silver, an artist working with non-fungible tokens (NFTs), was greatly disappointed to discover that her artwork would not be…
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Silicon Valley Bank closure disrupts the NFT space
USDC, one of the largest stablecoins, has lost its USD peg and hit its all-time low on Saturday, March 11,…
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Planet Hollywood partners with Animoca Brands to launch exclusive NFT club
Planet Hollywood Group has partnered with Animoca brands, a digital entertainment firm, to launch a new members-only club in Los…
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Starbucks releases its first premium NFT collection, each priced at $100
On the 9th of March at 3 p.m. ET, the Starbucks Odyssey program dropped its first-ever premium NFT collectibles labeled…
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China’s member of parliament to propose NFT regulation at two sessions
China’s parliament member, Feng Qiya, is set to propose NFT regulations at the ongoing ‘Two Sessions,’ which is China’s most…