Tokenization
ApeCoin holders vote to stay on Ethereum blockchain amid community contention
The ApeCoin community voted to stay on Ethereum, but with a close vote, the community remains divided on the future of the token.
Monica Noronha 3 min read NFTs News
Read NFT news covering collections, marketplaces, creator tools, tokenized media, and the shifting role of digital ownership in Web3.
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Monica Noronha 3 min read 
NFTs
Salesforce trials NFT service amid plunging trading volumes
Salesforce NFT cloud will launch officially in October, allowing consumer brands to create, manage, and sell NFTs.
NFTs
Hong Kong classifies NFTs as financial asset, mandates licensing
NFTs are subject to the SFC's regulatory remit in Hong Kong as they're shifting from collectibles to financial assets, which the authorities claim is very risky and requires licensing.
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NFTs
BAYC smart contract function allows unlimited minting of new Apes by single wallet
A smart contract function on Bored Apes would allow a wallet to mint an unlimited number of new Apes, which could lead to a market shifting effect.
NFTs
Bored Ape Yacht Club Discord server breached causing 200 ETH, 32 NFTs in losses
The BAYC Community Manager has reportedly had his Discord account breached resulting in scam giveaways being posted on the official BAYC Discord.
NFTs
Goblintown boom leaves crypto community confused and divided
Goblintown is one of the most traded NFTs in the last 30 days, it has a trading volume of over $43 million since launch.
NFTs
Beauty brand KISS celebrates entrance to crypto space with NFT giveaway
Global false lash manufacturer KISS teamed up with Movers+Shakers and Niftmint to enter the crypto space, and will celebrate by hosting an NFT giveaway.
Legal
Ex-OpenSea exec faces up to 20 years in prison over NFT insider trading
This is the first time that authorities in the US would be making an arrest over insider trading allegations in the crypto space.
Adoption
South Korea sets $117.1 million budget to kickstart metaverse industry
South Korea's government has earmarked $117.1 million for the metaverse, betting on its potential and having this technology as one of their main focus in the following years.
