NFT is an abbreviation for Non-fungible token. An NFT is a digital artifact that represents real-world assets such as art, music, in-game products, and films. They are bought and traded digitally, sometimes with cryptocurrency, and are typically encoded with the same program as many other cryptocurrencies.
Despite the fact that they’ve been around since 2014, NFTs are becoming more popular as a more regular way to buy and trade digital art. A startling sum has been invested in NFTs since November 2017.
By: Dave Clerk
Uniswap, a trading platform, revealed that it has obtained $165 million in series B funding to increase transparency among more customers. Its objective is to make web3 accessible to all users. Hayden Adams, CEO of Uniswap Labs, introduced security and simplicity to the company, which helped it gain popularity among a diverse group of market […]
read moreBy: Dave Clerk
Steve Wozniak, co-founder of Apple and all-around computer genius, is at the forefront of addressing the rising issue of high energy use by cryptocurrency companies. Not all cryptocurrency companies are environmentally conscious, and Wozniak’s Efforce is here to alter that and create a precedent for future start-ups. Efforce’s tagline is “tokenized trading software that relies […]
read moreBy: Dave Clerk
The latest sanctions package proposed by the European Union against Russia includes a complete restriction on local Russian crypto transactions to overseas wallets. According to the official statement, the EU would “block all crypto-asset wallets, accounts, or custody services, regardless of the volume of the wallet.” According to the European Commission, this package is a […]
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