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NFT
Pudgy Penguins CEO on $9M Funding Round, Future of Collectibles
Non-fungible token (NFT) collection Pudgy Penguins has announced the completion of its $9 million seed funding round led by 1kx. Pudgy Penguins CEO Luca Netz joins "First Mover" to discuss the NFT brand's latest plans as it gears up to release 'Pudgy Toys' on May 18.
Electronics Firm LG Seeks TV Patent for Enabling NFT Trading
Electronics firm LG is seeking patent protection for a television that enables users to trade non-fungible tokens (NFTs). LG began its work bringing NFTs to its TVs last September with the release of its Art Lab marketplace which was plugged into Hedera Network, on which LG has been a node operator since 2020. "The Hash" panel discusses LG's latest NFT push in a move that could potentially drive mainstream demand for digital collectibles.
Draft Text Reveals EU Crypto Tax Plans Include NFTs, Foreign Companies
The European Union plans to force crypto companies to give tax authorities details of their clients' holdings, even if they’re based outside the bloc or offering non-fungible tokens (NFTs), according to a draft bill released to CoinDesk under freedom of information laws. "The Hash" panel discusses the latest developments in global crypto regulation.
NFT Project Pudgy Penguins Completes $9M Raise
Non-fungible token (NFT) collection Pudgy Penguins has announced the completion of its $9 million seed funding round led by 1kx. This comes after a leadership change that sparked an increased focus on utilizing the project's intellectual property (IP). "The Hash" panel discusses the latest in the world of digital collectibles and the considerations of IP rights.
NFT Project Pudgy Penguins Raises $9M
The fundraise comes after a leadership change that led to an increased focus on utilizing the intellectual property.
Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others
Hong Kong’s South China Morning Post spun off its NFT business into a new firm called Artifact Labs last year.
Bitcoin’s Activity Pushes Average Transaction Fee to Nearly 2-Year High
A spike in transactions on the Bitcoin blockchain involving Ethereum-style tokens and non-fungible token (NFT)-like "inscriptions" has driven up congestion on the network, pushing the average fee rate to the highest in nearly two years while showering miners of the cryptocurrency with extra revenue. "The Hash" panel discusses the milestone and its implications for the Bitcoin ecosystem.
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly fivefold in two weeks, thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.
Ex-OpenSea Exec Charged With Wire Fraud, Money Laundering in Insider Trading Case
Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a federal court in New York on Wednesday, according to a report from Reuters. Chastain made approximately $50,000 by buying and trading NFTs with insider knowledge from his position at OpenSea. "The Hash" panel discusses the case.
Alchemy Ventures Backs $4M Round for NFT Platform Vibe
The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens.
