PYMNTS-MonitorEdge-May-2024

NFTs

Retail Investor Interest in NFTs, Metaverse Lowest Since October, Report Says
Retail Investor Interest in NFTs, Metaverse Lowest Since October, Report Says
March 06, 2022  |  Metaverse

The interest in non-fungible tokens (NFTs) might be experiencing a cooling-off period, according to a Sunday (March 6) report from CryptoPotato. NFTs were a hot...

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CVS Aims To Be First Pharmacy in the Metaverse
CVS Aims To Be First Pharmacy in the Metaverse
March 04, 2022  |  Metaverse

CVS is joining retailers like Walmart and Nike in the metaverse. As CNBC reported Friday (March 4), the pharmacy giant has filed with the U.S....

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GameStop Appoints FinTech Legal Vet Cindy Yang from Duane Morris
GameStop Appoints FinTech Legal Vet Cindy Yang from Duane Morris
March 04, 2022  |  Personnel

GameStop appointed Duane Morris FinTech attorney Cindy Yang as vice president and assistant general counsel as the company continues its move from a brick-and-mortar video...

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NFT Insurance Is Coming, but Is There an Industry to Support It?
NFT Insurance Is Coming, but Is There an Industry to Support It?
March 03, 2022  |  NFTs

Non-fungible tokens (NFTs) are a $41 billion business, and where there’s several zeros behind any product, there are usually insurers. However, that’s not the case...

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How Did NFTs Become SEC’s Newest Crypto Target?
How Did NFTs Become SEC’s Newest Crypto Target?
March 03, 2022  |  NFTs

The Securities and Exchange Commission (SEC) is finally taking a harder look at NFTs. In a long-telegraphed move, the SEC has begun sending out demands...

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NFT Infrastructure Startup Rarify Raises $10M at $100M Valuation
NFT Infrastructure Startup Rarify Raises $10M at $100M Valuation
March 03, 2022  |  Investments

API-based NFT infrastructure startup Rarify raised $10 million in a Series A funding round at a $100M valuation led by Pantera, according to a press...

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As eBay and Rakuten Focus on NFTs, eCommerce Takes Aim at Crypto Marketplaces
As eBay and Rakuten Focus on NFTs, eCommerce Takes Aim at Crypto Marketplaces
March 02, 2022  |  NFTs

While teasing the possibility of eBay accepting bitcoin, eBay CEO Jamie Iannone this week pointed to the growth of non-fungible token (NFT) sales on the...

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Crypto Fan Tokens Are Coming to Your Favorite Team, but Investors Beware
Crypto Fan Tokens Are Coming to Your Favorite Team, but Investors Beware
March 01, 2022  |  Cryptocurrency

When the crypto company Socios launched as a platform for professional sports team fan tokens in 2019, one of the first major franchises to embrace...

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PayPal Won’t Protect NFT Sales in Excess of $10K
PayPal Won’t Protect NFT Sales in Excess of $10K
March 01, 2022  |  NFTs

Buyers of non-fungible tokens (NFTs) using PayPal will no longer be protected for large sales, the California-based global FinTech announced. Starting March 21, NFT sales...

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