Fidelity plans NFT marketplace: Nifty Newsletter, Dec. 21–27

1 year ago

Investment steadfast Fidelity precocious filed trademarks that showed its intentions to participate the NFT and metaverse space.

 Nifty Newsletter, Dec. 21–27

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Collect this nonfiction arsenic an NFT

In this week’s newsletter, work astir concern elephantine Fidelity readying to participate the nonfungible token (NFT) abstraction and however Italy’s NFT marketplace volition grow. Check retired however North Korean hackers usage phishing websites to people NFT holders and perceive to a speech with Crypto Raiders successful the NFT Steez podcast. And, don’t hide this week’s Nifty News featuring Japanese gaming steadfast Square Enix investing millions successful an NFT crippled developer. 

Fidelity plans NFT marketplace and fiscal services successful the metaverse

On Dec. 21, concern steadfast Fidelity filed 3 trademark applications to the United States Patent Trademark Office. The trademark filings screen NFTs, NFT marketplaces and metaverse concern services, suggesting that the steadfast has plans to participate the space.

One of the firm’s focuses appears to beryllium the metaverse, showing that it whitethorn someday connection concern services wrong virtual worlds. The offerings whitethorn see assorted funds similar communal funds and status funds.

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Italy to make the crypto creation renaissance: NFT marketplace report

A caller study released by Research and Markets predicted that Italy is acceptable to person a 47.6% maturation successful its NFT marketplace by the extremity of 2022. With this, the Italian NFT market’s full worth volition beryllium $671 million.

The study besides projected that the country’s NFT manufacture volition person an yearly maturation complaint of 34.6% for the adjacent 5 years, with the spending worth predicted to deed astir $3.6 cardinal successful 2028.

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North Korean hackers stealing NFTs utilizing astir 500 phishing domains

A time earlier Christmas, blockchain information steadfast SlowMist highlighted that North Korean hackers had launched a wide run targeting NFT users. According to the report, the attackers created astir 500 phishing domains to lure imaginable victims.

Some websites person impersonated fashionable NFT marketplaces similar OpenSea, X2Y2 and Rarible. The fake websites person besides tried to imitate a task associated with the caller World Cup.

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Nifty News: Square Enix invests into NFT gaming firm, Beeple speaks connected NFT creation aboriginal and more

Japanese gaming elephantine Square Enix precocious invested astir $53 cardinal to make mobile and blockchain games and commencement a metaverse initiative. An announcement hinted that the institution is partnering with crippled developer Gumi to marque a game-NFT-focused marketplace.

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Check retired Cointelegraph’s NFT Steez podcast

Thanks for speechmaking this digest of the week’s astir notable developments successful the NFT space. Come again adjacent Wednesday for much reports and insights into this actively evolving space.

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