NFT News

Media producers’ fascination with the world of crypto continues to intensify – with another new manga series devoted to cryptoassets and a crypto-themed drama to be made available using non-fungible tokens (NFTs).

The demand for digital land in Meta (formerly Facebook)’s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRadar. The four leading virtual worlds, The Sandbox, Decentraland, CryptoVoxels, and Somnium Space, are reporting robust land sales.

Ethereum (ETH)-based open-world virtual reality (VR) game Decentraland just recorded the largest virtual land acquisition in its history. The buyer, virtual real-estate firm Republic Realm paid over USD 913,000 for 259 parcels of digital in-game land, paid in 1,295,000 MANA tokens.

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

The Mexican Football Federation appears to have thrown up an insurmountable roadblock for a pro club that was hoping to sell a percentage of its equity as a non-fungible token (NFT) – in a move that would be unprecedented in world sport.

Giant social media company Meta (previously Facebook) has unveiled its plans to build a powerful AI supercomputer, called the AI Research SuperCluster (RSC) — which Meta claims is already among the fastest such supercomputers in the world.

The e-commerce heavyweight eBay has claimed that it is exploring the option of adding “new forms of payment” and will launch a digital wallet in the second quarter of the financial year – but has stopped short of announcing any crypto pay-related developments. Meanwhile, a video makes note of coming “fractionalization”, which may suggest non-fungible tokens (NFTs), but it makes no mention of them.

Solana (SOL)-based non-fungible token (NFT) project Monkey Kingdom had its official Discord server hacked on Tuesday during a presale, allowing a cyber thief to run away with nearly USD 1.3m worth of digital assets.

Coinbase NFT, a new non-fungible token (NFT) marketplace by crypto exchange Coinbase, launched in beta on Wednesday.

Another very popular and pricy non-fungible token (NFT), this time Bored Ape #835, an item in the popular NFT collection Bored Ape Yacht Club (BAYC), has been sold for a fraction of the collection's floor price -- and the community is debating what may be behind it.