The value of the new cryptocurrency surged after the Tesla CEO tweeted: "Canada, USA, Mexico."
"Copyright in NFTs is not automatically assigned," Anita K. Sharma, an entertainment attorney and managing partner of Sharma Law in Brooklyn, New York, told Newsweek. "The buyer owns the tokens that are in their digital wallet, but not necessarily the artwork associated with the NFT."
The new cryptocurrency has gained popularity since its launch but experts have warned about its volatility.
The combined market cap of all cryptocurrencies hit $2 trillion for the first time Monday, making the cryptocurrency market as a whole as valuable as Apple.
The Filecoin network aims to compete with cloud storage services by using blockchain technology, and the Filecoin token has been increasingly popular in recent days.
NFTs, digital images each of which come with its own unique code to prove who owns it, have been shown to be a powerful new force in the art world. The collaboration between Sophia the Robot and Andrea Bonaceto will be available on Nifty Gateway on March 23.
There are a number of different platforms that allow users to trade the headline-grabbing digital artwork.
The future of enterprise blockchain depends not only on the technology itself but also on the relationships between competing stakeholders.
It's doesn't rival Bitcoin, but Chainlink is increasingly being discussed and searched about online. Here's what it does and how much its worth, according to cryptocurrency expert Charles Hayter.
The IoTeX Ucam aims to disrupt the home security camera space with blockchain-powered data encryption and user control.
"The DPRK can be considered the safest country in the world. As long as you have a basic common-sense and respect for the culture," the conference website claims. The U.N. disagrees.
After working at IBM for almost a decade and cofounding the Launch School, an online software enterprise, Kevin Wang may have undertaken his most ambitious project to date with Nervos, a blockchain network poised to transform the financial services industry.
The platform, which runs on blockchain technology, is expected to launch for consumers in 2020 and is backed by a group of companies, including Mastercard, Visa and PayPal.
As the cost of "sequencing" DNA has dropped, more and more patients are undergoing genetic testing. How will the medical industry use that data to further research and clinical practice while preserving the privacy of patients? David Yizhar, the founder and CEO of Israeli startup Geneyx, thinks blockchain technology could offer a solution.
Hackers steal our data. Tech firms abuse it. Can blockchain fix our privacy woes?
Last year, Sara Reynolds found herself among the brightest minds of her generation at a blockchain conference for students at the University of California, Berkeley. But when she looked around the auditorium, she noticed something: Nearly all the attendees were white men.
One third of the world's food is lost in transit, spoiled or destroyed because it is improperly stored or handled. By tracking waste in the supply chain, StaTwig aims to eliminate it.
Diwala seeks to address two major global problems: lack of identity and certification fraud.
Chronicled is developing a blockchain based solution to supply chain management, recording all of the transactions that take place as pharmaceuticals travel from factory to container to shelf.
The healthcare industry is ripe for a blockchain-inspired transformation, and SimplyVital Health is leading the charge.
Prescrypto provides a blockchain-based infrastructure to collect prescribing information, route that information securely to pharmacies, and provide a history of medications used by each patient.
"If successful, a decentralized prediction market would be a benefit for society," one expert told Newsweek.
In March, the virtual currency was priced at more than $11,000 per coin. It has been on a downward trajectory ever since.
Cryptocurrency advocate asserted: "The McAfee Redemption Unit is real and coming."
A pizza order in 2010 was the first ever real-world use of the cryptocurrency—with 10,000 bitcoin worth just $41.