DW Auctions NFT for Freedom of the Press | Economy | DW

This is not the right time for freedom of the press. This is probably one of the reasons why two investigative journalists, Maria Ressa from the Philippines and Dmitri Muratow from Russia, received the Nobel Peace Prize this year. The committee recognized both men’s commitment to freedom of expression, which is a prerequisite for democracy … Read more

Munich: Germany’s largest crypto art event series begins – Munich

They’ve been around for a few years, but in the early years they played no art-related role: non-fungible tokens, or NFTs for short. It wasn’t until auction house Christie’s auctioned the digital work “Everydays. The First 5000 Days” by American digital artist Beeple and accepted a cryptocurrency for it that NFTs also conquered the world … Read more

This is what the Ecological Footprint of Bitcoin, NFTs & Co looks like

May 3, 2022 at 2:05 p.m. cryptocurrencies : This is what the Ecological Footprint of Bitcoin, NFTs & Co looks like The Bitcoin logo (icon image). Photo: AP/Kin Cheung Dusseldorf Cryptocurrencies have been under heavy criticism for some time because large computational capacities are required to process transactions. The electricity needed for this usually comes … Read more

NFT Clubs – Why NFT Communities Are Growing Bigger

The blockchain world is diverse and complex, NFTs are still experiencing immense hype. It is often difficult to keep an overview here, the range is too wide. Countless new NFTs pop up every day – which are scams, which have potential? What are the gadgets, what are the investments? Moreover, NFT owners have one thing … Read more

The crazy hype surrounding the football trading card startup

Berlin Everything about the story of the new French super start-up is really crazy – the idea, the fans and the economic success. Investors have valued Sorare at $4.3 billion in a new round of funding. This makes the Parisian fantasy football company France’s most valuable start-up. And this despite the fact that it was … Read more

Vulnerability in the Rarible NFT Market – it-daily.net

Security researchers from Check Point Research (CPR) have discovered a security flaw in the Rarible NFT market. Exploitation could have resulted in the theft of each user’s NFTs and cryptocurrencies. A simple fraudulent transaction would have sufficed. Immediately after discovering the vulnerability, CPR reported it to Rarible on April 5, who took note of the … Read more

NFT art in Ukraine: crypto money for reconstruction – culture

One of the rather innocuous absurdities that the zeitgeist has produced in recent months is the belief that one can become rich by exchanging grotesque cartoon images. We are of course talking about the so-called non-fungible tokens (NFT). These were mostly collections of generically produced images, such as those from the particularly popular Bored Ape … Read more

Why are some NFTs so expensive? | Economy | DW

Non-fungible tokens – NFTs for short – don’t go down well on the tongue, but they’re currently selling quite well. The somewhat odd and controversial digital asset is on the rise. Earlier this year, some NFT auctions brought in millions of dollars. DW also participated in the sale. He didn’t make particularly high waves. This … Read more

Yuga Labs acquires CryptoPunks and Meebits from Larva Labs

DThe purchase price remains undisclosed, but it’s likely to be astronomically (crypto) high: Yuga Labs, the company behind the celebrity-favorite “Bored Ape Yacht Club” (BAYC) NFT collection, owns the products of blockchain pioneer -Art Market and purchased the rights to “CryptoPunks” and “Meebits” from LarvaLabs. Larva Labs, the company of software developers Matt Hall and … Read more

Is a bubble building?

In the digital world, sales of so-called non-fungible tokens (NFTs) are booming. They are essentially digital certificates of authenticity and ownership. For this purpose, a video clip or a digital work of art is recorded on a blockchain and its owner as well as purchases and sales are recorded. By registering, the NFT receives a … Read more