non-fungible tokens

DraftKings Shutters NFT Marketplace Amid Legal Headaches
DraftKings Shutters NFT Marketplace Amid Legal Headaches
July 30, 2024  |  Cryptocurrency

Online betting service DraftKings said is closing down its three-year-old non-fungible token (NFT) marketplace. The company announced Tuesday (July 30)  it was shuttering the marketplace,...

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Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
Treasury: NFTs ‘Highly Susceptible’ to Fraud and Scams
May 30, 2024  |  Cryptocurrency

The Treasury Department has a warning for NFT fans: use them at your own risk. The department released an assessment Wednesday (May 29) finding that non-fungible tokens (NFTs) —...

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Report: Dolce & Gabbana Sued Over NFT Sale
Report: Dolce & Gabbana Sued Over NFT Sale
May 17, 2024  |  Cryptocurrency

Dolce & Gabbana has reportedly been sued by a customer who said he spent $6,000 on non-fungible tokens (NFTs) offered by the company, only to have...

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Millions in Mutant Ape/Bored Ape NFTs Swiped in Hack
Millions in Mutant Ape/Bored Ape NFTs Swiped in Hack
December 17, 2023  |  NFTs

Hackers have apparently stolen millions of dollars worth of non-fungible tokens (NFTs) in a recent security breach. Peer-to-peer trading platform NFT Trader confirmed the breach on X...

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Amazon Enters Web3 Jungle With NFT Initiative Launching This Spring
Amazon Enters Web3 Jungle With NFT Initiative Launching This Spring
January 26, 2023  |  NFTs

Amazon is making its first move into the crypto industry. And the eCommerce giant is targeting non-fungible tokens (NFTs), not cryptocurrency. That’s per a Blockworks...

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Bored Ape NFTs Destined to Become Digital Age’s Beanie Babies
Bored Ape NFTs Destined to Become Digital Age’s Beanie Babies
December 27, 2022  |  Cryptocurrency

The Bored Ape NFT, the Cyberpunks and others may become 21st-century Beanie Babies. That is unless they pivot their business models to capture real, diverse...

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Trump Unveils $99 NFTs for Sale
Trump Unveils $99 NFTs for Sale
December 15, 2022  |  NFTs

Former President Donald Trump is selling NFTs. Trump unveiled the digital assets on Thursday (Dec. 15) on his social media platform, Truth Social. The non-fungible...

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Race to the Bottom as NFT Marketplaces Refuse to Pay Artist Royalties
Race to the Bottom as NFT Marketplaces Refuse to Pay Artist Royalties
October 28, 2022  |  NFTs

One of the most potentially powerful tools to attract artists, musicians and other creators to embrace blockchain-based NFTs as a way of distributing their work is in...

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PYMNTS Cryptocurrency Glossary: The Metaverse
PYMNTS Cryptocurrency Glossary: The Metaverse
August 17, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and also...

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