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non-fungible token

The French luxury house Louis Vuitton announced that its non-fungible tokens, NFTs, anchored to physical luxury products, will be on the market by June 16 for a cost of $ 39,000, plus taxes. The fashion brand's NFTs will have physical support, will be non-transferable and will provide their owners…
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UK ratifies plans to regulate stablecoins

The UK Treasury Department ratified its decision to continue with plans to regulate stablecoins under the Money Markets and Services Bill, after last week's collapse as stablecoin terrausd (UST) lost their peg with the US dollar, and after…

NFT sales exceed $ 2.5 billion

During the first half of 2021, sales of non-fungible tokens (NFT) were at historical values ​​compared to what was achieved in 2020. Specifically, the profits from the trading of these types of tokens generated 2.5 billion dollars during…

eBay could bet on cryptocurrencies

The online shopping platform eBay is in search of new mechanisms to adapt its services to the new times. One of these new strategies would be the use of cryptocurrencies, taking into account that one of its main allies, Paypal, has been…

Digital art is sold for $ 69 million

Christie's auction house sold its first fully digital artwork for more than $ 69 million. It is a collage created by artist Beeple, who worked on it daily for 13 and a half years. In a statement, Christie's explained that the piece…