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The Latest Breaking News from NFT

Are NFTs really dead and buried? All signs point to 'yes'

Non-fungible tokens (NFTs) are in dire straits. With the market in a severe downturn, it’s safe to assume the NFT bubble has well and truly burst.

The Conversation

What were NFTs? An understandable internet fad, and the next one is just around the corner

We only loved non-fungible tokens in a pandemic peak of online loneliness, says the writer and author Joel Golby

The Guardian - UK

NFT Marketplace Rarible Partners With Mantle Network For Cross-Chain Trading

Rarible launches Mintle, a secondary NFT marketplace on Ethereum Layer 2 network Mantle Network

Zenger

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Paris Saint-Germain Teams Up With Crypto.com For AI-Generated NFT Match Posters

PSG partners with Crypto.com to develop limited edition NFT match posters using generative AI

Zenger

The vast majority of NFTs are now worthless, new report shows

Two years after tech trend that swept up artists and celebrities, researchers estimate 23 million people hold worthless investments

The Guardian - US

Takashi Murakami on failed NFTs and making art during Covid: ‘I got deep into crypto’

The Japanese artist’s solo exhibition in San Francisco spans three decades of his work, including his tryst with flopped NFTs

The Guardian - US

SEC says NFTs sold by Mila Kunis’s ‘Stoner Cats’—a web series featuring Ashton Kutcher and Jane Fonda—are unregistered securities

This is the second charge the SEC has brought against an NFT creator in the past month.

Fortune

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$690,000 hack of Vitalik Buterin’s X account includes theft of $244,000 CryptoPunk NFT

The account reportedly was hacked to promote a fake free NFT that proved to be a scam.

Fortune

The bizarre death of the Creator League

The online video game tournament had enlisted top streamers. But when they found out about a crypto connection they went ballistic.

Fortune

Former OpenSea employee withdraws bail request and will start serving 3-month sentence for NFT ‘insider trading’

Nate Chastain was convicted of one count each of wire fraud and money laundering.

Fortune

In a first, the SEC says NFTs offered by an L.A.-based entertainment firm are securities. Here’s how that could ripple throughout the industry

The case could expand the agency’s view over which types of cryptocurrencies fall under its jurisdiction.

Fortune

RTFKT cofounder Benoit Pagotto on building brands and why you’re better off playing ‘Tears of the Kingdom’ than going to conferences

Benoit Pagotto has advice for anyone looking to build a brand: “Stop doing what you do—you need to play Zelda.”

Fortune

NFTs of Donald Trump skyrocket after he talks to Tucker Carlson and has his mug shot released

The Trump-themed NFT collection was first released in December.

Fortune

RECUR, once worth more than $300 million, is just the latest NFT venture to crash and burn

The startup, which hosted the IP of large brands like Hello Kitty, Paramount Pictures, and Nickelodeon, cited “significant shifts in the business landscape.”

Fortune

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Investors Business Daily

Candidate/Defendant Donald Trump Sits On A Hefty Cryptocurrency War Chest

Donald Trump holds $2.8 million in ethereum, new financial disclosures show. The Trump NFT line generated millions for the former president.

Creative Bloq

ASUS Metaverse NFT Battle offers digital artists traffic-stopping exposure

The winning work will be showcased at Tokyo's famed Shibuya crossing.

Zenger

VeeFriends Founder Gary Vee Collaborates With Reebok For NFT-Inspired Sneakers

Entrepreneur Gary Vaynerchuk expands intellectual property of VeeFriends with Reebok partnership.

iMore

US Congress wants Apple to explain why it's so down on NFTs and the blockchain

Lawmakers say it uses the App Store to "reduce the utility of apps" to increase its own profits.

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Fortune

The unheralded woman who closed Polygon’s deals with Starbucks, Disney, and Mastercard is now a VP at OpenSea

"It's not as clear the work that women in the space are doing," Kelly DiGregorio, the incoming VP, told Fortune.

Zenger

Tim Cook Gets Stinging Letter From Congressman About NFTs, Blockchain: Are Apple’s Policies Limiting Innovation, Tech Leadership?

In a bipartisan effort, Representative Gus Bilirakis (R-FL

Fortune

Snoop Dogg's metaverse stands out among the rapper's brands—for being uncool

The bottom fell out of the virtual real estate market. Can Snoop’s plan to create an “NFT label” help fill that void?

Fortune

Snoop Dogg launches a line of ice cream—and you can only get it in Walmart

The company’s name—Dr. Bombay—comes from Snoop’s Bored Ape Yacht Club NFT.

Tom’s Hardware

NFT of Jack Dorsey's First Tweet Cost $2.9 Million, Now Auctioning for $2,000

First Tweet NFT is now worth nearly nothing compared to the price paid in 2021, though the buyer expected to be able to raise $48 million.

Fortune

Floor turning to in-app payments for buying NFT artwork

Icons pieces are going to be priced from $20 to $50.

Fortune

‘Digital art is here to stay’: Despite market downturn, NFTs are still popping up in galleries, including this small NYC exhibition space

Despite the downturn in the NFT market, 0x.17 will “continue to support creators,” says the gallery’s manager.

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