How are NFTs used in fashion and wearables?
28 May 2023
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NFTs revolutionizing the digital assets space Nonfungible tokens (NFTs) are unique digital assets that are embedded on the blockchain and have unique identifiers that can be used to confirm their authenticity and ownership. Each NFT has a unique token ID and metadata that makes this process easy. Their nonfungible nature means that each NFT token is one…

Top metaverse property investments suffer massive losses: Report
28 May 2023
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Popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value over the past year. Prices of virtual lands on some of the top metaverses have declined significantly from their peak prices of 2022, with most depreciating around 90% in value. A study published by CoinGecko shows that popular metaverse properties,…

Biden reaches ‘tentative’ US debt ceiling deal: Report
28 May 2023
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United States President Joe Biden has urged both the United States House and Senate to “pass the agreement right away.” Amid growing concerns of a potential default by early June, the United States President Joe Biden and Republican Kevin McCarthy have reportedly reached an “agreement in principle” to raise the federal government’s multi-trillion dollar debt…