Overview of the Main NFT Developments

NFT Inspect and fintech company MoonPay have joined forces to enable users of Twitter (a recognised extremist organisation and banned in Russia) to purchase NFT and cryptocurrencies directly through a Chrome browser extension. This alliance underscores their common goal of promoting the use of ...

One of the world's oldest auction houses, Sotheby's, will hold an auction on July 26 as part of its Gen Art Programme campaign, in which works by Gen artists will be sold using blockchain technology. The first artist to take part in this endeavour will be Vera Molnar. The 500 generated images will ...

Posta Faroe Islands recently announced the introduction of its own non-fungible token collection (NFT), becoming another national postal service to do so. This first collection of NFT-stamps is called Stamps of Maybe, with each physical stamp having a corresponding digital version stored on a ...

NFT platform Enjin has announced that it is moving to a new Enjin Blockchain platform to promote the use of Web3. This system will be different from other blockchain-based smart contracts and will contain features such as NFT mining and transmission included in its main blockchain code. There will ...

Find Satoshi Lab (FSL), the parent company of the popular Web3 STEPN game, recently revealed their own crypto project. They confirmed that they plan to unveil a non-fungible token (NFT) generator using artificial intelligence (AI) technology. Moreover, they said that several other new products will ...

The leading international blockchain ecosystem and the world's largest cryptocurrency exchange, Binance, has introduced a new service for its customers: credit secured against non-fungible tokens (NFT). Currently, only Ethereum is accepted as collateral for NFT.  Exchange customers can now use ...

According to analytics service DappRadar, the NFT market has been experiencing difficulties in recent months, with the number of transactions down since the beginning of January 2023.  In May, there were just over $333m worth of transactions, with more wallets joining NFT platforms and 2.3m ...

The Supreme People's Procuratorate of China (SPP) has justified the need for standards to control transactions in the non-fungible token (NFT) market and warned of the potential dangers associated with this type of investment. In instructions prepared for law enforcement agencies in the country, ...