South Korea's Financial Services Commission (FSC) has released new guidelines clarifying when non-fungible tokens (NFTs) should be classified as virtual assets. According to reports from local media on June 10, the FSC will regulate certain NFTs similarly to cryptocurrencies if they exhibit specific characteristics. NFTs are digital tokens characterized by ...
Cristiano Ronaldo has announced the launch of a new series of non-fungible tokens (NFTs) in his "CR7 ForeverZone Collection." The soccer star revealed this in a recent social media post, stating that the new series tagged "Forever Worldwide: The Road to Saudi Arabia" launches today, May 29. According to Ronaldo, ...
A NFT version of a soccer game based on the Japanese manga and anime series "Captain Tsubasa" has been launched officially on the Oasys blockchain, a platform focused on Web3 gaming. The Oasys team announced the game's release on May 20, 2024, and offered fans a chance to immerse themselves ...
Former U.S. President Donald Trump has signalled his intention to accept cryptocurrency donations for his 2024 presidential campaign, according to a video circulating on social media for the past 12 hours. The video clip shows the former President, who is also the leading candidate for the Republican party for the ...
Manchester City has teamed up with cryptocurrency exchange OKX to launch "Unseen City Shirts," a new collection of non-fungible tokens (NFTs) designed to deepen the club's engagement with its fans. These NFTs are free-to-mint and available on the OKX app. They come in three rarity levels: common, rare, and ultra-rare. ...
Before the introduction of the Ordinals protocol, Bitcoin was largely regarded as a ‘boring’ blockchain. Since its inception in 2009, the pioneer blockchain has focused on serving as a peer-to-peer system for value exchange, aligning with the original vision of its creator, Satoshi Nakatomo. Innovations on the network were largely ...
Yuga Labs, the creator of the popular NFT collection Bored Ape Yacht Club, has undergone a significant company-wide restructuring, including staff layoffs, in response to challenges within the crypto industry. Yuga CEO Daniel Alegre confirmed the completion of this restructuring process in a recent tweet. According to Alegre, the primary ...
Bitcoin Ordinals creator Casey Rodarmor has proposed the creation of a new fungible token protocol called "Runes" as an alternative to existing protocols, including the BRC-20 standard. In a blog post published on September 25, 2023, Rodarmor expressed concerns about current fungible token protocols like Good for Bitcoin, Counterparty, Omni ...
Japanese electronics manufacturer Casio, in collaboration with Polygon Labs, is venturing into the world of NFTs with its latest announcement of the virtual G-SHOCK project. As part of the project, the company would establish an interactive user community to bridge the gap between users and their iconic G-SHOCK line of ...
Polygon Labs has entered into a strategic partnership with South Korea's telecommunications giant, SK Telecom (SKT), to foster the growth of the web3 ecosystem and nurture promising web3 startups. .@SKtelecom and Polygon Labs have inked a strategic collaboration to spearhead the development of SKT's Web3 ecosystem. 🌐 The collaboration aims ...
