Coinbase Wallet Shows Transaction Previews To Protect Against NFT Scams
Coinbase Wallet has added transaction previews for its users to include a visual representation of what actions they are taking when signing transactions, in the company's latest move to help prevent common NFT scams.
Sorare Bags $150 Million Multi-year NFT Deal With Premier League
The English Premier League has sealed a four-year partnership with Sorare to sell nonfungible tokens (NFTs) from member clubs.
Premier League Inks Deal With Digital Trading Card Platform Sorare
The English Premier League linked up with digital trading card company Sorare to expand its non-fungible token (NFT) offerings.
Hermes v MetaBirkin: NFT Trademark Stoush Heads to Trial in Manhattan
The trademark infringement trial between French luxury brand Hermès and digital artist Mason Rothschild is set to go ahead on Jan. 30 in a Manhattan federal court.
Ordinals Protocol Sparks Debate Over NFT's Place in the Bitcoin Ecosystem
The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem. The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post. The protocol essentially allows for the Bitcoin version of NFTs — described as “digital artifacts” on the Bitcoin network. (Cointelegraph)
China’s ‘Instagram’ Gets NFT Makeover with Conflux
Xiaohongshu, or “Little Red Book,” a popular social media application widely described as the Chinese equivalent of Instagram, has integrated layer-1 public blockchain Conflux Network, allowing users to showcase their non-fungible tokens (NFTs) on their profile pages, Conflux announced on Thursday. Conflux said that Xiahongshu’s more than 200 million active monthly users can present their NFTs minted on Conflux on the platform’s digital collectible section called “R-Space.” (forkast)
China’s Hainan Province to Step up NFT Supervision
Hainan province, a popular tourist destination in South China, published a notice on Sunday vowing to step up oversight on non-fungible tokens (NFT), or “digital collectibles,” which authorities said come with risks of fraud, money laundering and illegal fundraising. The local authorities added that although regulating digital collectibles is an urgent matter, it’s essential to guide the NFT industry to empower its tourism and culture as Hainan develops its free trade port. (forkast)
Prada Drops Its 9th Exclusive Timecapsule NFT
In February, Prada again enters the NFT scene’s spotlight with its new Timecapsule drop. This is the 38th physical Timecapsule collection, and the 9th NFT drop. In terms of design, the item is a printed shirt by photographer Enzo Ragazzini’s ’70s archive. This is the second (out of three) such launches titled “Interferenza Ottica Art Print by Enzo Ragazzini 1975”. The first Prada Timecapsule NFT collection dropped last summer. However, many Prada fans have purchased one or more physical items from Timecapsule collections launched before the brand joined the NFT market.
Chain Insights —Porsche’s Missed Opportunity With NFTs and How WEB2 Brands Can Avoid Oversight
While most brands tend to research their target audience and explore the culture, Porsche was met with harsh criticism for doing the exact opposite.
NFT Collector Who Fell To A Phishing Scam Takes OpenSea To Court
NFT collector Robbie Acres has taken legal action against OpenSea NFT Marketplace for keeping his account locked following a scam. The collector is displeased with the NFT marketplace for not responding to his complaint after he lost his collections to a phishing scam.
