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Global NFT Market Expected to Hit $97.6B by 2028, Recording a CAGR of 31.6%

Global NFT Market Expected to Hit $97.6B by 2028, Recording a CAGR of 31.6%

Since non-fungible tokens (NFTs) help build authentic intellectual property, this is one of the key drivers expected to push the sector to a $97.6 billion valuation by 2028, according to a report by Research and Markets.

What are NFTs?

What are NFTs?

A non-fungible token (NFT) is a special type of encrypted token that represents unique things such as encrypted art, digital collectibles, and online games.

Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction

Crypto Art Sales are Soaring as Non-Fungible Token (NFT) Market Gains Traction

Crypto art being bought and sold as ERC-721 non-fungible tokens (NFT) has been making headlines based on the record-breaking sales being witnessed.

Cardano to Launch ERC-20 Converter and Cross-Chain Communication for Interoperability Between Networks Including Bitcoin

Cardano to Launch ERC-20 Converter and Cross-Chain Communication for Interoperability Between Networks Including Bitcoin

Cardano founder and IOHK CEO Charles Hoskinson recently announced in his YouTube video that the current roadmap for the Shelley hard fork will be going according to plan, scheduled on July 29, 2020.

KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin Loses $150 Million Due to Security Breach But Compensation to Follow

KuCoin, a Singapore-based crypto exchange, has disclosed the suspicious withdrawal of large amounts of Bitcoin, ERC-20, and Ether.

Ethereum-Based Akropolis DeFi Protocol Hacked, More than $2 Million Stablecoins Stolen

Ethereum-Based Akropolis DeFi Protocol Hacked, More than $2 Million Stablecoins Stolen

The recent hack suffered by Akropolis, an Ethereum-based DeFi protocol, resulted in a loss of more than 2 million DAI ERC-20 tokens.

Samsung Silently Adds Bitcoin Support for Blockchain Phones

Samsung Silently Adds Bitcoin Support for Blockchain Phones

Samsung recently added Bitcoin to the Blockchain Keystore, on the blockchain-enabled smartphones. Samsung’s Galaxy S10 range launched in March with the “Blockchain Keystore” feature offering the storage of cryptocurrencies and transactions for Ether and ERC-20 tokens.

KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down

KuCoin Hacker Scrambles to Dump Stolen Chainlink Tokens, Crypto Exchanges Collaborate for Clamp Down

The KuCoin hacker has begun dumping his stolen funds, after having made off with over $150 million worth of Bitcoin (BTC), ERC-20 tokens, and Ether (ETH).

Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto

Pablo Escobar’s Drug Runner Yasutaka Nakamoto "Could be" Satoshi Nakamoto

Who is Yasutaka Nakamoto? Who is Satoshi Nakamoto? Are they the same person – Olof Gustaffson believes that Yasutaka had the technical knowledge of creating Bitcoin, as he has had extensive experience with microprocessors and semiconductors. Roberto Escobar, brother of the drug kingpin Pablo Escobar has launched a fork of the Bitcoin blockchain, known as “Dietbitcoin,” in 2019, which later on relocated to Ethereum’s ERC-20 standard. Roberto Escobar claimed that he has encountered a US government agent posing as Satoshi Nakamoto, which he reached the conclusion that the US government created Bitcoin. He further believes that the US government will one day crash the market completely by selling all of Nakamoto’s Bitcoins.

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Tether Launches Stablecoin Backed by Offshore Chinese Yuan

Reported in late August, Tether had made plans to add a new stablecoin pegged to the Chinese Yuan, named “CNHT.”

Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

Samsung to Expose Its Well-Crafted Blockchain Strategy In Annual Developers Conference

The electronics giant Samsung, according to a press release on September 2, has revealed its intentions to present it's blockchain-based corporate strategy next month at the annual Samsung Developer Conference 2019 in San Josè, California.

Fusion Hacked? CEO Says That 10M FSN Tokens are Gone

Fusion Hacked? CEO Says That 10M FSN Tokens are Gone

The blockchain-based financial platform, Fusion Network has announced a compromised wallet on Sept. 28. The Fusion swap wallet compromise resulted in a theft of 10 million native FSN tokens.

CertiK Announces the Completion of British Pound Backed Stablecoin on Binance

CertiK Announces the Completion of British Pound Backed Stablecoin on Binance

According to the Exchangers representative, the token was going to be referred to as Binance GBP and was going to be fully backed by British pounds reserves. He also stated that in the nearest future more fiat currency backed stablecoins would be introduced on the platform

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