March 14, 2023 06:46 AM IST

Meta to wind down NFTs on platforms amid crypto bust

The company rolled out support for creators to share NFTs on Instagram and Facebook last year, when the speculative crypto asset had exploded in popularity, with sales of cartoon apes to video clips touching billions of dollars.

Move over Stablecoin. A new Token is coming

Bank deposits always covert to currency at face value. Or that’s what people believe. So why not put these liabilities on the blockchain?

NFTs: A dying market or gold mine for investors?

Despite shrinking in recent times, the market for non-fungible tokens is still active.

WazirX shuts down its NFT marketplace

WazirX’s exit from the non-fungible token space comes at a time when the VDA sector is grappling with high taxes and regulatory uncertainties

Artist fined Rs. 1.07 crore for selling Hermes handbag NFTs in landmark case

The sale of MetaBirkins NFTs by Mason Rothschild made more than $1.1 million, according to documents produced by Hermes in court.

Porsche hit the brakes on NFT mint after it crashed and burned

The January 23 launch was viewed by many as a significant failure for Porsche, with approximately 2,040 of the 7,500 NFTs available having been sold.

Top cryptocurrency news on December 30: 3Commas admits to the hacking of API keys, China launches NFT marketplace, Celsius seeks extension of deadline for investor claims and more

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.

Donald Trump's Christmas gift idea? $99 NFTs of himself

The unveiling of Trump's NFT (non-fungible token) card collection -- timed to cash in during the holiday shopping season -- instead attracted widespread ridicule.

Donald Trump NFT collection, showing him as superhero, astronaut, sells out

The cards' creators made $4.5 million through the sale. They denied the proceeds will be used for Trump's 2024 campaign.

Live: Has The NFT Froth Finally Settled? | Ramkumar Subramaniam, CEO GuardianLink | NFT Outlook 2023

NFT volumes have declined by 80-85%! Has the NFT froth finally settled? Catch this chat with Ramkumar Subramaniam, CEO GuardianLink about the outlook for NFT 2023- games, art, music and metaverse. Join live!

Short video app Chingari looks to expand into new markets in 2023, ramp up hiring

Chingari co-founder and COO Deepak Salvi said the platform plans to hire 400-500 people worldwide.

Business of travel: Web 3.0 tools, blockchain could transform the travel industry

Travel tech startups are leveraging blockchain technology to revolutionize incumbent business models and enhance user experiences.

This university offers free course in metaverse but you must have an NFT to attend

The course is supported by Binance founder and CEO Changpeng Zhao who is also offering scholarships.

How gold may gain from the crypto crash

The turmoil in the crypto universe may see funds flow out to safer havens such as gold, that also yield similar advantages to its holders

How are crypto investors celebrating the FIFA World Cup?

FTX Debacle | Cryptocurrencies will survive, but only robust ones, and subject to regulation

Will cryptocurrencies continue as totally decentralised finance, immune to regulation and government diktat? Where does this leave people who have invested in NFTs?

Indian Web3 players form new industry body named Bharat Web3 Association

Bharat Web3 Association comes four months after the original crypto body Blockchain and Crypto Council of India (BACC) was dismantled by its parent entity, the Internet and Mobile Association of India (IAMAI).

Most NFTs Are More Like Baseball Cards Than Fine Art

Celebrities often crave the notoriety that comes with head-scratching spending sprees, but it’s still fair to ask: Ape caricatures? What on earth are they thinking?

Sachin Tendulkar backs cricket NFT platform Rario

Tendulkar will act as a brand ambassador for the startup and exclusively offer his own digital collectibles on the platform.

Lex | NFTs: regulators go ape amid market downturn

Some projects look suspiciously like a desire to buy into hype

NFT platform OpenSea’s CFO exits role in another crypto shake-up

The latest in a spate of C-suite departures in the sector comes from nonfungible token marketplace OpenSea, where Brian Roberts has exited from the role of chief financial officer after less than a year in the job.

Can Bollywood save the NFT market?

For the nosediving NFT business, a push from Bollywood celebrities can come as a helping hand. For celebrities, the collaboration can help to keep fans engaged.

Crypto Clues | Kim Kardashian episode has a lesson for Indian regulators

When celebrities and finfluencers peddle products, the logical questions that follow are of ethics and competence. The ethical issue can be resolved by fair disclosure and disclaimers. But who can judge competence and how?

Top Cryptocurrency News on September 30: Citadel founder says investors exiting Bitcoin is good for economy, and more

A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day

NFTs offer economic opportunities, but first India needs a clear policy

Web3 is expected to be the biggest technology transformation of the Internet over the next decade. The NFTs will be the commerce backbone of Web3