British Security Think Tank’s Report Warns NFTs Could Bolster Money Laundering Schemes

British Security Think Tank's Report Warns NFTs Could Bolster Money Laundering SchemesThe Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in order to mitigate the money laundering risks a ‘know your customer’ monitoring system “needs to be implemented.” RUSI: ‘NFT Technology Can Raise […]
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$7.5 Million NFT Collection Accused of Using Art Without Permission Threatened by Legal Action

$7.5 Million NFT Collection Accused of Using Art Without Permission Threatened by Legal ActionWhile non-fungible token (NFT) assets have been extremely popular in 2021, there’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection called “Art Wars” because their original artwork was sold as NFTs without their consent. […]
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All-Star Celebrity Line-Up Launches Ethernity – A Debut Collection of NFTs

All-Star Celebrity Line-Up Launches Ethernity - A Debut Collection of NFTsWinklevoss Twins, Swish DJ Alesso, and 76ers owner Michael Rubin debut digital artworks alongside an all-star celebrity line-up. The non-fungible tokens (NFTs) are a collection of NFTs distributed by the art collective Ethernity. Ethernity Provides a Way for Stars to Support Philanthropic Causes A star-studded line-up of celebrities and influential figures has launched its first […]
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Blockchain-Backed Election Art Sells for $66K, Animation Changes After Electoral College Decision

Blockchain-Backed Election Art Sells for $66K, Animation Changes After Electoral College DecisionWhile Americans wait for the official outcome of the electoral college, a blockchain-backed non-fungible token (NFT) called “Crossroad” will change to one of two animations featuring the 45th U.S. President Donald Trump. The animated election-based “Crossroad” NFT recently sold for a whopping $66,666 to a user named “Pablo.” Non-fungible tokens have been very popular in […]

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NFT Craftiness: Mint a Non-Fungible Token Art Collectible in Less Than 15 Minutes

In the last few months the non-fungible token (NFT) art space has exploded and data shows that there’s been over 4.9 million sales worth well over $128 million to-date. This week I decided to create an Ethereum-based NFT leveraging the application rarible.com, in order to show our readers how to issue an NFT collectible or […]

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