nft

The US Supreme Court on Wednesday denied Epic Games' stringent App Store payment rules that prevent developers from introducing alternate payment methods for in-app purchases. The court declined to let a federal judge's injunction take effect that could force the iPhone maker to change payment practices in its lucrative App Store. The court's ruling lets Apple keep its strict App Store payment rules in place for now. The decision comes as a setback for Epic Games, publishers of popular Battle Royale video game Fortnite,…

The day after his conviction, I was at Hong Kong FinTech Week 2023, a new annual conference hosted by the local government. Unlike people in the US, where the SBF trial is just one more episode in the prolonged crypto winter, those in Hong Kong were feeling much more optimistic about all things Web3.  The city’s top official, Chief Executive John Lee, was there to discuss how the city could reinvent itself as a technology hub and capitalize on the big bets it has made over the past year on blockchain and…

The very first tweet of Jack Dorsey, whose non-fungible token (NFT) was sold for a whopping $2.9 million in 2021, now has a paltry price of less than $2,000.Iranian-born crypto entrepreneur Sina Estavi bought Twitter founder Dorsey's first-ever tweet that read "Just setting up my twttr" as an NFT for $2.9 million.He listed the NFT for sale again at $48 million in April 2022."I decided to sell this NFT (the world's first ever tweet) and donate 50 per cent of the proceeds ($25 million or more) to the charity," he had posted…

The intersection of artificial intelligence and nonfungible tokens provides no simple antidote for the slump in the market for digital collectibles, according to the artist Beeple.Proponents of AI-generated art claim it offers a new type of interactive creativity that can be tied to NFTs to potentially reignite interest in that marketplace, where activity has tumbled since a peak in 2022. But Michael Winkelmann, better known as Beeple and famed for his Everydays NFT artwork that fetched $69.3 million in 2021, said on…

Image: Warner Bros./DC ComicsWarner Bros.’ The Flash will be a full month old by the end of the weekend, and to say it’s had an eventful lifecycle might be understating things a bit. If things couldn’t get any stranger for the movie that WB was hoping would be a global sensation and then very much wasn’t, the film is soon going to be a blockchain movie—one that WB likely hopes finds a second life in that market of the tech industry?The Biggest Crypto Heists of 2022…So FarBilled as “the first new release movie to hit the…

Poko Loko has launched India’s first fruit-based drink NFT Mascot. Poko Loko, based on the CoolCats NFT community, launched the NFT Mascot to create a unique experience for their customers, allowing them to not only enjoy the drinks but also be a part of a digital ecosystem. Poko Loko is a nata-de-coco fruit-based drink, which has chunky pieces of the coconut coupled with a flavourful punch of fruits. The company is aiming to focus on the 12-24 years age segment and expand its range and foray into fun candies and…

Talent agency WME has signed DJ and digital art collector Daniel Maegaard, aka Seedphrase, for “opportunities with digital art, music and fashion.” As an entrepreneur with hands in the fine art and high fashion scenes, Seedphrase is signing with WME to expand his brand’s reach. “Signing to WME is a huge opportunity to expand the Seedphrase brand through partnerships in luxury fashion, music and fine art,” said Seedphrase. “With the support of their incredible team, I hope to create deeper connections across…

With crypto becoming a hell of a lot less appetizing over the last few months thanks to numerous crimes and scandals, game companies that were once so hungry for ballooning crypto profits have been creeping their chairs away from the dinner table, inch by squeaking inch.The Biggest Crypto Heists of 2022…So FarSega co-Chief Operating Officer Shuji Utsumi told Bloomberg in an interview that the company is no longer interested in making blockchain-based projects for its Sonic The Hedgehog and Yakuza franchises. Putting a…

TintinImaginatio, the zealous copyright holders to the work of Hergé and the Tintin brand, have announced a collection of NFTs entitled ‘Missing Works of Art’ as they announce the end date of the first Tintin NFT sale. The NFT is of this rejected first cover for Tintin album, The Blue Lotus, produced in 1936 © Hergé / Tintinimaginatio The first Tintin NFT relates to a digital reproduction of the original cover to fifth book The Blue Lotus that Hergé delivered to publisher Casterman in 1936. TintinImaginatio recently…

Luxury brand Hermes' request to permanently block artist Mason Rothschild's sales of "MetaBirkin" non-fungible tokens has been accepted by a court in the US. A jury's verdict declared that the NFT violated the French luxury house's trademark rights in its Birkin handbags. For those unaware, NFTs are unique tokens on blockchain networks that are often used to verify ownership of digital art. According to a report in news agency Reuters, US District Judge Jed Rakoff said the permanent injunction was justified because…