Cointime

Cointime

Download App
iOS & Android
Home / JUST IN

Amazon NFT Market to Feature Pudgy Penguins & Beeple

Amazon is set to launch its own NFT marketplace on a private blockchain, with a focus on art and other valuable work by leading NFT artists such as Beeple and showcasing collections such as Pudgy Penguins. However, the platform will not include multichain functionality at launch, meaning users will not be able to transact or move their virtual assets on other blockchains. It remains unclear whether Amazon has any future plans to launch such functionality. The company has reportedly contacted Americana NFT, a popular crypto start-up, but no partnership has been formed. Amazon's NFT marketplace has faced several delays and was originally planned to launch in Q4 2022.

(By Roxanne Williams)

Amazon
Comments

All Comments

Recommended for you

  • CointimeSG ·

    US Bitcoin reserve could slash national debt 35% by 2049: VanEck

    VanEck has said a US Bitcoin reserve could majorly slash the national debt if the cryptocurrency grows to $42.3 million a coin by 2049.
    US Bitcoin reserve could slash national debt 35% by 2049: VanEck
  • CointimeSG ·

    SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction

    Bitcoin’s recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
    SUI, BGB, ENA and VIRTUAL show strength as Bitcoin looks for direction
  • CointimeSG ·

    BTC: A relic of the past.

    Future systems that thrive are resilient, adaptive, and collective. Bitcoin, for all its brilliance, lacks these qualities. It is not the future—it is the gravestone of a world that once worshiped scarcity.
    BTC: A relic of the past.
  • CointimeSG ·

    Brevan Howard, Nomura’s Laser back Plume tokenization blockchain

    Brevan Howard Digital and Nomura’s Laser Digital were part of the $20 million Series A funding round for Plume, the layer 1 permissionless blockchain focused on tokenizing real worlds assets (RWA).
    Brevan Howard, Nomura’s Laser back Plume tokenization blockchain

  • Cointime August 11st News Express

    1.Fed Governor Bowman: Be cautious about rate cuts

  • Cointime August 4 News Express

    1.Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX

  • Jump Trading is redeeming 120,000 wstETH in batches into ETH and then transferring it to CEX

    According to the monitoring of on-chain analyst Yu Jin, Jump Trading may be selling ETH: they are currently redeeming a wstETH (120,000 pieces) worth $410 million in batches into ETH and then transferring it to exchanges such as Binance/OKX. So far, they have unpacked and redeemed 83,000 wstETH into 97,500 ETH in the 9 days since July 25. Among them, 66,000 ETH (191.4 million US dollars) have entered the exchange.At present, there are still 37,600 wstETH in their wstETH storage address that have not been transferred out; 11,500 stETH in the redemption ETH address is being redeemed into ETH; and 20,000 ETH in the ETH transfer address to the exchange are waiting to enter the exchange in batches.

  • Trump team files complaint over Harris inheriting $96 million in Biden campaign funds

    According to reports from foreign media, the Trump campaign team has filed a complaint with the Federal Election Commission, claiming that Biden's transfer of $96 million in campaign funds to Harris is illegal. David Warrington, a lawyer for the Trump campaign team, said that this was a "shameless money-grabbing act" and would constitute the largest excessive donation and most serious violation in the history of the Federal Election Law. Shortly after Biden withdrew from the election and appointed Harris as his preferred successor, she took over Biden's campaign committee's bank account. Steve Roberts, a lawyer who represented Republican candidates, said that the argument against the transfer was a "wishful thinking" of his Republican colleagues. The Harris campaign team said that this complaint would not affect its fundraising or spending.

  • Donald Trump Plans to Release Fourth NFT Collection, Embraces Crypto Industry

    Former US President Donald Trump is reportedly planning to release a fourth NFT collection, as he continues to embrace the crypto industry. In a recent interview with Bloomberg Businessweek, Trump stated that his previous NFT collections were "very successful" and sold out in a day. He also revealed that he plans to release another collection, as his supporters are demanding it. Trump's campaign has also started accepting crypto donations, and he has been vocal about the importance of the US not falling behind China in the crypto industry.

  • Crypto Industry Disappointed as Digital Assets Fail to Make an Appearance in First 2024 US Presidential Debate

    Despite hopes from industry participants, the topic of crypto was not discussed during the first general debate of the 2024 U.S. presidential election between Joe Biden and Donald Trump. The debate, hosted by CNN, primarily focused on the economy, with brief mentions of other issues such as abortion, immigration, and foreign policy. While crypto has been a talking point throughout the election cycle, neither candidate made any significant statements about it during the debate. The crypto industry is hoping for a Congress and administration that will pass legislation friendly to digital asset businesses, and is looking to repeat the massive spending on elections from 2022.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company