In the ever-evolving digital landscape, where innovation often goes hand in hand with exploitation, a new shadow has emerged in the realm of non-fungible tokens (NFTs). The Federal Bureau of Investigation (FBI), has sounded an alarm about an emerging threat – a sophisticated NFT scam. As enthusiasts and investors dive headfirst into the world of NFTs, understanding the anatomy of this scam...
The world of NFTs has taken the art world by storm. These digital assets, which use blockchain technology to verify ownership and provenance, have been making headlines as they command millions of dollars in sales. However, with the rise of NFTs come legal issues that need to be addressed.
Luke Dashjr, one of the core developers behind Bitcoin recently took to Twitter to express his concerns regarding a NFT. He discovered that someone has created and sold an NFT featuring his code without his knowledge or consent.
After months of negotiations, England’s highest Football league system has finally partnered with a new NFT company. The English Premier League has announced that it has joined hands with a French Company called Sorare.
Telegram CEO has announced that Telegram’s Usernames, Groups and Channel links would be sold as Non-fungible Token like Smart contracts. The announcement was made from the CEO’s Telegram channel. Telegram has different unique names that can be used as Usernames, Channel links. They can be suffixed to t.me and be used, such as t.me/Your_Name. He Your_Name is a unique attribute and some of...
Bored Ape Yacht Club NFT is the coolest thing in the town right now. It is a thing that every celebrity wants and the price of which can surely topple your brain. However, there are certain entities that intend to derive benefit from such a popular and growing brand. The meteoric rise of the Ape NFTs attracted fraudsters to copy and resell them again. What’s interesting here, is that...
In our previous post, we had talked about how Budweiser entered into the NFT space with the purchase of the spot-on domain Beer.eth. The company sought to establish the company’s branding in the upcoming blockchain space. The company has delved further into decentralised branding with the launch of a new NFT Racing game. Budweiser in association with popular NFT Digital Horse Racing firm...
KPMG Canada is a Global Accounting Firm. It provides Audit, Tax, and Advisory services and is a Canadian Leader in it. The company has recently invested in two crypto assets. One is an NFT while the other is an Ethereum Domain Name. The company has purchased a World of Women #2681 NFT. It is a picture of a woman who is blue in colour and has maroon wavy hair. She is wearing a half black, half...
Begin 2022 and even Eminem has bought a NFT. Yes, Eminem has joined the frenzy. The iconic rapper has bought Bored Ape Yacht Club NFT #9055. Eminem has bought the NFT for a price of 123.45 Ethereum. This was equivalent to $453,000 at the time of purchase. OpenSea sold the NFT, and has also created a new name for the buyer. The NFT is mentioned to be owned by Shady_Holdings. A nod to the...
Vodafone has sold World’s first SMS to be sent. They were sold at a Paris Auction House called Aguttes Auction House, as reported by Deutsche Welle. The Auction fetched €107, 000 which is equal to a whooping $121, 000. World’s first SMS was sent on 3rd December, 1992. It’s been almost 3 decades since! What’s even more exciting is the content of the text. The text was a...
