Bitcoin purists slam Luxor’s support of ‘magic internet jpegs’

Bitcoin mining pool Luxor recently tweeted that it had “harnessed its magic energy” to mine a jpeg file into the blockchain. This resulted in block 774628 being significantly larger than the standard ...

Did Taproot ruin Bitcoin with NFT inscriptions of monkey jpegs?

NFT-like bitcoin inscriptions have become a hot topic in a long-running debate among Bitcoiners: How much non-financial transaction data should the Bitcoin community want to include on its blockchain?...

Ape Coin Dives on Rumors SEC Investigating JPEGs Are Securities – Trustnodes

ApeCoin, a token airdropped to holders of Bored Ape Yacht Club (BAYC) NFTs, suddenly dived by 10%. That’s on rumors the Securities and Exchange Commission (SEC) is investigating Yuga Labs, the startup...

JPEGs Are ‘Not the Future of Web3 and NFTs’: Polygon Studios Metaverse Lead

In brief Brian Trunzo, Polygon Studios’ metaverse lead, spoke with Decrypt at Chainlink SmartCon 2022. He discussed future use cases for NFTs and Web3 technology, including how they’ll gain acceptance...

Polygon Studios Metaverse Lead: JPEGs Are ‘Not the Future of Web3 and NFTs’

Polygon Studios Metaverse Lead: JPEGs Are ‘Not the Future of Web3 and NFTs’ Brian Trunzo, metaverse lead at Polygon Studios, tells Decrypt’s Dan Roberts and Stacy Elliott at Chainlin...

NFTs Are So Much More Than Just Jpegs, They Are Redefining Access And Ownership In Media And Entertainment

Non-fungible tokens (NFTs) are still a bit head-scratchy for some. While there’s a lot of excitement around NFTs within the media and entertainment industries, there’s also a lot of skepticism and cri...

Digital arts is more than JPEGs – NFTs, Cannes, and Feminism!

Non Fungible tokens and such digital assets are breaking into various fields and sectors, bringing new opportunities and opening up new spaces During the Cannes Film Festival this year, NFT artist Ppl...

How a BAYC Owner Was Tricked into Swapping His Bored Ape NFT Worth $570K for Worthless Jpegs

Another Bored Ape Yacht Club (BAYC) owner has fallen victim to a social engineering attack targeting holders of premium non-fungible tokens (NFTs). In this case, the victim thought they were swapping ...

JPEGs On Sale, Baby

The global crypto market lost over $1 trillion in value last week as the price of nearly every major token took a precipitous nosedive. ETH, the native asset of the Ethereum network, is down to around...