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NFT Investments

  • Australian Open NFTs tank in value on non-fungible token marketplace

    Sport Business

    NFTs sold by Tennis Australia for nearly £1.5m have tanked in value amid reports the organisation has walked away from its non-fungible token project. More than 9,000 of the NFTs, which are digital images of tennis balls, have shed up to 90 per cent of their value since the launch in 2022 by Tennis Australia. [...]

    NFTs sold by Tennis Australia for nearly £1.5m have tanked in value amid reports the organisation has walked away from its non-fungible token project.
  • Phoenix: Bitcoin investment firm eyes share buyback as crypto hoard grows

    Crypto

    Crypto-focused investment firm Phoenix Digital Assets has seen its assets boom over the last three months as crypto prices have soared.

    So far in this cycle, there have been several narratives that have emerged. These include artificial intelligence (AI), real world assets (RWAs) and decentralised physical infrastructure (DePIN) tokens. Unlike meme tokens, these tokens and projects actually relate to solving a problem.

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