To most people, non-fungible tokens (NFTs) are those weird, often abstract and (they think) ugly pieces of digital art that sell for thousands of dollars if not more. On the surface, that seems right. Strange digital artwork of apes, dogs, cats and other abstract images are being sold for a …
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In March 2024, Bitcoin reached a market cap of over $1,000,000,000. The global crypto and NFT community endured a bear market in 2022-2023 where many naysayers in the media proclaimed, “I told you it was a scam!” Now crypto is reaching new highs in tandem with the next evolution of …
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Maryanne Trump Barry, the sister of former president and presumptive Republican nominee Donald Trump, died on the morning of Nov. 13, 2023. That evening, Trump held a lavish “Gala VIP Dinner” for people who bought at least $4,700 worth of “Trump Cards” — an NFT collection of digital trading cards …
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The music industry in the U.S. has changed significantly in recent years. The market’s total revenue, encompassing recording, live and publishing segments, is estimated at $20 billion. As of 2022, streaming is the dominant music consumption medium, accounting for 84% of U.S. music industry revenues. The industry continues to evolve, …
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A team of researchers have crunched the numbers to explain why you don’t see people hawking ugly cartoon apes on the internet as much anymore: NFTs, or non-fungible tokens, once vaunted as a revolution in crypto and digital art, are largely worthless. “Dead NFTs: The Evolving Landscape of the NFT …
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Technological innovation has always played a crucial role in developing the entertainment industry. Whether it is film and television, music or gaming sectors, the significance of technology cannot be understated. Each entertainment industry sector has always found a way to co-opt the latest technologies, whether digital cameras or the internet, …
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Donald Trump earlier this week on Truth Social teased that he’d be making a “MAJOR ANNOUNCEMENT” on Thursday, prompting questions as to what on Earth the former president was up to. Is it a rally tour? Is it his candidacy for House speaker? Is it something dumber and more pathetic …
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Justin Bieber, the Weeknd, Madonna, and Post Malone are among the artists, athletes, and celebrities named in a class action lawsuit against the creators of the Bored Ape Yacht Club NFTs. Gwyneth Paltrow, Stephen Curry, Snoop Dogg, Kevin Hart, Serena Williams, Future, Diplo, and more were also named as defendants …
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Despite a slump in popularity compared to the peak of the bull market extravaganza, NFTs are still all the rage in entertainment today, bringing anything from beloved Marvel superheroes to video game classics on-chain. They are helping to free musicians from oppressive streaming services, and for digital artists, they could …
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Justin Blau, the DJ/producer and NFT hotshot better known as 3LAU, has been accused of not adequately compensating one of his collaborators with the proceeds he made from a blockbuster NFT sale in early 2021. The artist Luna Aura (real name Angela Anne Flores) has filed a new lawsuit against …
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