Axie Infinity, the gigantically popular play-to-earn game in the style of Pokemon, is helping gamers supplement their incomes and even make a living. Now the maker of the game and regulators are reminding users internet money will not free them from the tax man.   That seems to be the message behind a tweet from Sky…

It wasn’t too long ago — two-and-a-half weeks, to be precise — that Nate Chastain urged restraint. The NFT market had yet to reach an inflection point, the head of product at OpenSea told The Defiant’s Camila Russo in her weekly podcast. There was still plenty of room to run. Well, it looks like we’ve…

Anheuser-Busch InBev now owns the Web3 domain "beer.eth." Meanwhile, no one is doing anything with Web 1.0’s beer.com. Beer.eth sold for 30 ETH on August 12, and AB InBev, which owns Budweiser, Bud Lite and many other major beer brands, confirmed to CoinDesk Wednesday that it was the buyer.  The news seems to have set…

NFTs are a simple idea, but not for long. We’ve already seen how they’re being tapped as collateral for loans. Now more complex instruments are coming, thanks in part to projects breaking NFTs into pieces in a process called fractionalization.  That’s not all — some financial engineers are reportedly fashioning futures contracts derived from NFTs. …

Investor appetite for NFT art and collectibles shows no signs of abating.

DeFi can be part of the conversation at South by Southwest — if you demand it. Organizers allow the public to weigh in on the agenda of South by Southwest (SXSW), one of the biggest festivals in the country, and that’s underway now. Dozens of sessions have been proposed that touch on crypto topics and…

Last week, we conducted our BAYC evaluation 3 months after our crew was gifted them by Robin. But, here's the thing, in this ever expanding space of crypto capital and hoddling there is a growing consensus that a "gifting culture" is fundamental to this moral tightrope of the Nakamoto consensus. So we dived into this…

The whole world is struggling to wrap its head around non-fungible tokens (NFTs), including DeFi. But DeFi is trying. “Over the last two weeks NFT sales have exploded to levels well beyond the NFT boom seen in March,” says a new report by CoinMetrics. Obviously, that’s driven in part by genuine interest but also by…

SuperRare, the influential NFT art platform, is taking a big step forward in its plan to progressively decentralize with the launch of its RARE token on Aug. 17. As part of a slew of changes, SuperRare is poised to bestow more control to artists.   The new token rocketed more than 235% on Tuesday and Wednesday…

reNFT is a rental protocol, enabling lending and borrowing of NFTs.