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NFT NFTs, non-fungible tokens, are a phenomenon that is steadily expanding in every field. Art, music, games, and now the Italian “Arma dei Carabinieri” are releasing their first NFTs. Indeed, the new Arma dei Carabinieri calendar bears the signature of the Armando Testa Agency, with the unmistakable style that has made synthesis, visual paradox and image research its stylistic hallmark for decades. Each of the calendar’s 16 artistic panels starts from an element belonging to the visual universe of the Carabinieri, revisited and interpreted in an iconic key. The first NFT of the Arma: the cover becomes a digital artwork…

ZenAcademy’s ‘ZenChests’ is kicking off ‘The Summoning’ on December 1st. The educational platform turned NFT project is giving holders the chance to upgrade their membership. Furthermore, this will come with the ability for holders to get their future PFP in Q1 of 2023. However, players will have to choose if they want to burn their letters now. This is just the first round of new tokens, and summoning requires a burn. ZenAcademy’s ZenChests will begin Summoning on December 1st. Credit: Nas Academy. What Is The Summoning of ZenAcademy ZenChests? To clarify, the ZenChests are the product of Summoning. They hold…

The International Swaps and Derivatives Association (ISDA) is working on two papers to address fundamental legal risks in the crypto markets, such as the insolvency of crypto exchange firms, according to a statement released on Jan. 26. The initiative was motivated by the collapse of crypto exchange FTX and previous bankruptcy cases that “prompted a cascade of liquidity and solvency concerns across the crypto ecosystem.” Along with other things, the papers will offer guidance for market participants regarding crypto ownership and the role of intermediates in the event of bankruptcy.“The prospect of insolvency of a major market participant requires firms to…

Azuki, a popular nonfungible token (NFT) project, had its Twitter account compromised on Jan. 27 leading to hackers stealing over $750,000 worth of USD Coin (USDC) by posting a malicious “wallet drainer link” posed as a virtual land mint.Hackers stole $751,321.80 USDC from a single wallet within half an hour of the malicious links being tweeted, according to Etherscan data provided to Cointelegraph by crypto wallet security firm Wallet Guard.The data also revealed that hackers stole a further $6,752.62 worth of USDC from various wallets holding 11 NFTs and over 3.9 Ether (ETH).Wallet Guard stated that the total amount stolen was $758,074.42.Emily Rose,…

CFDA is launching its first NFT collection for fans of the fashion industry. It will celebrate the classic styles of the past and the coming technology of the future. Furthermore, anyone can partake in “Lighting the Path of American Fashion,” an exclusive NFT collection that will debut on December 12th. CFDA is breaking into the metaverse for its 60th. Credit: CFDA. What’s in the CFDA NFT Collection? There will be seven one-of-a-kind NFT pieces available. These will all represent iconic moments of fashion history, with proceeds benefiting the CFDA Foundation. The following designers are all set to appear: Coach, Diane…

Two United States senators have taken their questions about the performance of accounting firms active in the crypto space to a higher power: the Public Company Accounting Oversight Board (PCAOB). Failure to uncover alleged criminality and poor recordkeeping at FTX has sullied the image of the PCAOB and the accounting profession, the senators said.In a letter addressed to PCAOB chair Erica Williams and dated Jan. 25, Democratic Senators Elizabeth Warren and Ron Wyden point out claims former FTX CEO Sam Bankman-Fried made about passing audits by large accounting firms Armanino and Prager Metis. Current FTX CEO John Ray told a…

Swimming legend Michael Phelps is immortalized as an NFT on the latest edition of Sports Illustrated SI Covers. The next cover collection drop launched on December 6th and honors Phelps as the most-decorated athlete in Olympic history. Moreover, the NFT collection is hosted by top NFT marketplace OneOf. It also shines light on his work as an outspoken advocate for mental health globally. Read on to learn more about the collection below! How To Collect The Michael Phelps Sports Illustrated Cover NFTs? The Michael Phelps NFT project echoes Phelps’ historic Sports Illustrated cover story “The Rehabilitation of Michael Phelps,” published…

The Web3 Foundation, which supports the Polkadot protocol, has again presented its argument that its native DOT (DOT) token is not a security. In a Twitter thread, the foundation emphasized its efforts to comply with U.S. securities laws, as well as Securities and Exchange Commission guidance on digital assets, and declared that DOT had successfully “morphed” and is software, not a security. The Web3 Foundation reposted an excerpt from a December Twitter Space where Angela Dalton, identified as an adviser to the foundation, described how representatives accepted the SEC’s invitation to “come in and talk to us.” Subsequently, the foundation claimed:“The…

NFT After weeks of anticipation, the 20 artists behind non-fungible token (NFT) collective Proof’s Grails III collection were revealed Friday. The collection features a wide range of notable digital creators, including generative artist Matt Kane; All Seeing Seneca, the digital artist that helped create art for NFT collection Bored Ape Yacht Club; and founder of NFT collection Cyber Brokers Josie Bellini. Each artist contributed one unique work, available in limited quantities, to the collection. Earlier this month, Grails III opened its mint passes for collectors to purchase ahead of the artwork reveal. Once the digital art was unveiled, users purchased…

Tomorrowland mainstagers Ape Rave Club have dropped a limited edition hoodie collection in partnership with l top web3 curators LTD INC. The NFC-infused hoodie includes an exclusive track and also doubles as a wearable ticket to specific events. Moreover, this unique collectible also unlocks exclusive digital extras and experiences. Read on to learn more about this awesome, innovative drop below! Ape Rave Club -x- LTD INC. Collection: What’s The Hype? LTD INC. is a platform that brings ultra-rare, curated phygital products and experiences to the blockchain. This includes partnerships and collaborations with iconic artists and brands. The latest partnership sees them…