OnlyFans, a prominent adult membership network, will now allow users to upload verified non-fungible tokens (NFTs) as profile images. The platform will only handle tokens created on the Ethereum blockchain, and non-fungible token profile images will have an Ethereum emblem to indicate that they are genuine. According to Reuters, which broke the story first, the corporation introduced […]
digital art
NFTs could be used in money laundering: U.S. Treasury Department
The U.S. Treasury Department has not only recognized digital art as art but has also raised concern about the use of NFTs in money laundering. The department recommends the sector be regulated at the earliest. The development of anything in the economy means the betterment of society, but it also means that the chances of […]
NFT wave hasn’t hit Kanye West yet
While the monthly trading volume of non-fungible tokens (NFT) reached an all-time high of $6 billion in January, the American rapper, record producer, and fashion designer, Kanye West, gave clarity about him not being enthusiastic about joining the market for NFT. The rapper took to his Instagram handle to express his opinion to his 10.5 […]