NFTs belonging to bankrupt crypto firm fetch nearly $2.5 million at auctionSotheby's auctioned seven non-fungible tokens (NFTs) from bankrupt crypto hedge fund Three Arrows Capital for approximately $2.5 million. "...
20 May, 2023, 11.17 AM IST
NFTs belonging to bankrupt crypto firm fetch nearly $2.5 million at auctionAuction house Sotheby's announced Friday seven non-fungible tokens from bankrupt cryptocurrency hedge fund Three Arrows Capital sold for ab...
20 May, 2023, 08.06 AM IST
Tokenization of fine art: A revolutionary development in the art industryHistorically, investing in art was a privilege limited to the affluent populace. With the emergence of fine art NFTs, several business hous...
02 Dec, 2022, 07.46 PM IST
Melania Trump launches Christmas ornaments, NFTs to help foster kidsAhead of the Christmas season, the former first lady of the US, Melania Trump, has launched limited-edition Christmas ornaments and animate...
14 Sep, 2022, 08.26 PM IST
Definition of non-fungible tokens as per CBDT: Here's what is not taxed as NFTsEffective from FY 2022-23, gains from virtual digital assets, cryptos and non-fungible tokens or usually known as NFTs (that will be notifi...
08 Jul, 2022, 09.44 AM IST
Meme NFTs - The new way to make money?Today, you can buy and sell memes and earn lucrative profits. According to recent market reports - the world-famous “Doge” meme NFT was sol...
11 Jun, 2022, 12.11 PM IST
Mouawad to release NFTs of Miss Universe crownThe Miss Universe Crown was created by Switzerland-based Mouawad, whereas Icecap is a leading player in creating blockchain-based diamond N...
27 Mar, 2022, 07.04 PM IST
Sotheby's NFT sale, expected to hit $30 million, suddenly canceledThe NFT boom, which some estimate to have generated more than $25 billion in sales last year, has also raised questions of an eventual NFT ...
26 Feb, 2022, 12.01 PM IST
What are Non-Fungible Tokens (NFT)?Digital art is currently the most common use of the NFT.
08 Feb, 2022, 10.51 AM IST
You bought an NFT. Now what?To boost the market in India, an NFT economy is emerging which solves for digital flexing and unlocks value in physical and digital spaces ...
30 Jan, 2022, 01.36 PM IST
Boost for blockchain in China as Xinhua to issue photos as NFTsThe issuance by the state news agency would indicate official support for NFTs, but party mouthpiece People's Daily last month criticised t...
22 Dec, 2021, 02.20 PM IST
NFT sales surge to $10.7 bn in Q3 as crypto asset frenzy hits new highsNFTs use blockchain to record the ownership of digital items such as images, videos, collectibles and even land in virtual worlds.
05 Oct, 2021, 10.09 PM IST
NFTs are not the only TokensThe opening up of NFTs as another digital asset class is an amazing development. On one hand, it is unlocking economic assets and their use...
26 Sep, 2021, 11.55 AM IST
China's Ant highlights distinction between NFTs and cryptocurrenciesAnt Group put on sale two NFT-backed app images via its payments platform Alipay, and all the items quickly sold out. This, when China has ...
24 Jun, 2021, 09.10 AM IST
View: Bitcoin & non-fungible tokens, opportunities or Ponzi schemes?I advise ordinary folk to steer clear of these exotic new digital assets. Current prices are high and the risk of complete collapse to zero...
06 Jun, 2021, 09.54 AM IST
People are spending millions on, and talking about, NFTs. What's this craze all about?In economics jargon, a fungible token is an asset that can be exchanged on a one-for-one basis.
15 Mar, 2021, 05.52 PM IST
Digital artwork by Beeple sells for $69.4 mn; positions him among top 3 most-valuable living artistsChristie's did not identify the buyer of the artwork.
12 Mar, 2021, 01.27 PM IST