PYMNTS-MonitorEdge-May-2024

NFTs

Reddit’s Snoo Mascot Avatars Bring Millions to NFTs
Reddit’s Snoo Mascot Avatars Bring Millions to NFTs
October 27, 2022  |  NFTs

Reddit has become the newest 800-pound gorilla in the non-fungible token (NFT) world. Chief Product Officer Pali Bhat said at a conference last week that...

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Apple Applies 30% App Store Fee to NFTs, Limiting Appeal
Apple Applies 30% App Store Fee to NFTs, Limiting Appeal
October 25, 2022  |  NFTs

Apple has dropped a new App Store policy that formally allows the in-app purchase of non-fungible tokens (NFTs) on its platform, but also requires a...

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Netflix Surges 25% on Earnings and Leads CE 100’s 5% Weekly Gain
Netflix Surges 25% on Earnings and Leads CE 100’s 5% Weekly Gain
October 24, 2022  |  Connected Economy

Earnings are trickling in as October moves into its last few trading sessions.  And so far, we’re getting a look at some of the pockets...

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FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
October 20, 2022  |  Cryptocurrency

Stablecoins have the potential to “fundamentally alter the landscape of banking,” the head of the Federal Deposit Insurance Corporation said in a speech on Thursday...

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SEC Targets Bored Ape NFTs as Possible Securities
SEC Targets Bored Ape NFTs as Possible Securities
October 11, 2022  |  NFTs

The Securities and Exchange Commission (SEC) is reportedly looking into whether Yuga Labs, the developer of the hugely popular Bored Ape Yacht Club (BAYC) and...

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From Budweiser to GameStop Brands Embrace Crypto and NFT Loyalty
From Budweiser to GameStop Brands Embrace Crypto and NFT Loyalty
October 10, 2022  |  Cryptocurrency

Starbucks made big new last month when it added an NFT component to it vast Starbucks rewards loyalty program, but it’s far from the only...

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OpenSea CFO Brian Roberts Takes Advisory Role
OpenSea CFO Brian Roberts Takes Advisory Role
October 10, 2022  |  Personnel

After 11 months as the chief financial officer of non-fungible token (NFT) marketplace OpenSea, Brian Roberts said he is sailing to new waters. Roberts announced...

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Visa, ShopNEXT Team on Web3 Loyalty Platform for Cardholders
Visa, ShopNEXT Team on Web3 Loyalty Platform for Cardholders
October 07, 2022  |  Partnerships

Web3 loyalty platform ShopNEXT has partnered with Visa to create a Shop-to-Earn model that includes token rewards developed on blockchain, gamification and non-fungible tokens (NFTs)....

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EU Targets NFT Money Laundering; Warner Music Group Plays Along
EU Targets NFT Money Laundering; Warner Music Group Plays Along
October 06, 2022  |  NFTs

In case you are of the opinion that the prices people are willing to pay for collectable profile picture (PFP) non-fungible tokens (NFTs) have returned...

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