Jewellery firm Tiffany & Co. will be turning non-fungible tokens (NFTs) into custom pendants as it joins other luxury fashion houses attempting to establish a foothold in the web3 world. The deal has currently only been finalised with CryptoPunk, and holders of those NFTs can turn them into custom pendants containing gemstones and diamonds. According … Continue reading Tiffany & Co. to Turn CryptoPunk NFTs into Pendants
Passes for physical copies of Tiffany & Co.’s debut 250 non-fungible tokens (NFTs) were sold out in about 20 minutes last Friday for 30 ether (ETH) each or about $50,000. The sale generated around $12.5 million in revenue for the American luxury jewellery retailer. Titled “NFTiffs”, these digital tokens are exclusive to CryptoPunk NFT holders … Continue reading Tiffany & Co.'s 250 NFTiffs Sold Out, Generates nearly $13M in Revenue
Fashion brand Nike has topped the list of Non-Fungible Token (NFT) exposed traditional companies that have recorded the highest revenue from digital collectable transactions thus far. According to data from Dune Analytics, as shared by NFTGators, Nike has raised a cumulative sum of $185.26 million in revenue. The company introduced this figure from a total transaction count of … Continue reading Nike Leads among Web2 Brands for Highest Revenue Reaped from NFTs
After Hermes sued NFT project MetaBirkins for allegedly using its brand to sell digital collectables in December last year, the luxury brand giant has joined other top fashion companies in a quest to gain a foothold in the virtual world. Patent attorney Mike Kondoudis wrote that Hermès filed a trademark application for cryptocurrencies, NFTs, and the Metaverse with the U.S. Patent … Continue reading Luxury Luggage Brand Hermes Files for Crypto, NFT and Metaverse Trademarks
Executives at Celsius Network are proposing to pay back customers by issuing new wrapped assets to trade on other platforms, a new leaked recording revealed. In the recording posted by Tiffany Fong, Celsius’ leader Nuke Goldstein, co-founder and CTO, appears to explain the firm’s proposal to repay Earn customers more in-depth. Fong is a Celsius … Continue reading Celsius May Repay Customers With Wrapped Assets
An group that keeps an eye on things in the neighborhood has asked for a probe to be conducted into the political contributions that Sam Bankman-Fried has made in the past. The organization asserts that the former chief executive officer of FTX admitted to breaking federal law by clandestinely donating tens of millions of dollars … Continue reading SBF's Dark Money Contributions Prompted FEC Investigation
There have been rumours circulating that the bids for Celsius’ crypto assets have been turned down, however the attorney who represents the official creditor committee for Celsius has refuted such rumours. Attorneys from White & Case LLP, Gregory Pesce and Aaron Colodny, addressed the so-called “leaked” bids for Celsius’ crypto assets that were shared by … Continue reading Celsius' Official Creditor Committee Denies Rejected Bids
Celsius Network, a crypto lending platform, has been considering legal action against Tiffany Fong, a crypto blogger and Celsius creditor, for sharing leaked internal information regarding the company’s bankruptcy case. Fong, who has roughly $119,000 worth of crypto assets locked on Celsius, has been reporting on the bankruptcy case via YouTube and other social media … Continue reading Celsius Network Considers Legal Action Against Crypto Blogger
The crypto winter has been long and harsh, and as a result, crypto conferences are toning down the lavishness. Attendees are no longer interested in DJs and parties; they want to focus on discussing regulation and tax issues. Tiffany Fong, a popular crypto vlogger, attended her first crypto conference this year and observed that attendees … Continue reading Crypto Conferences Scale Back
The crypto community in Australia remains enthusiastic about digital assets, despite regulatory concerns dominating discussions at recent crypto conferences. Attendees are more interested in discussing intelligent questions around regulation and tax rather than the extravagant parties of past events. While regulatory concerns remain high, the rise in the price of Bitcoin is encouraging the crypto-curious … Continue reading Australian Crypto Community Remains Enthusiastic Despite Regulatory Concerns