The US Secret Service Has an NFT Collection: The Nifty Newsletter, May 10-16

In this week’s newsletter, read about the United States Secret Service’s non-fungible token (NFT) collection, and how Elon Musk’s tweet caused an increase in the minimum value of the NFT collection. See how someone tried to sell an image for bitcoin (BTC) months before the infamous Bitcoin Pizza Day and learn about LG’s new patent for an NFT-trading TV. And don’t forget this week’s nifty news, which featured popular gaming franchise Assassin’s Creed unveiling its “smart collectibles.”

Secret Service owns crypto, loves blockchain and has an NFT collection: Reddit AMA

In a recent Ask-Me-Anything (AMA) session on Reddit’s r/cryptocurrency subreddit, representatives of a task force within the United States Secret Service revealed that they own crypto, maintain an NFT collection and have financial Recognize the potential of blockchain technology in combating this. Crime.

Unlike some regulators who view cryptocurrencies as tools for fraudsters and scammers, the task force expressed enthusiasm for the transparent and public nature of blockchain. He described it as a “wonderful opportunity” for law enforcement agencies to effectively trace the movement of money, aiding in the fight against illegal activities.

continue reading

Milady NFT floor price jumps after Elon Musk’s tweet

On May 10, Elon Musk’s tweet featuring artwork from the Milady NFT collection led to an increase in the minimum price of Milady NFTs. Initially peaking at 7.3 Ether (ETH), the price eventually settled at 5.69 ETH.

The Milady collection, created by digital art collective Remilia, includes 10,000 anime profile picture NFTs that draw inspiration from street-style tribes. Artist Charlotte Fang played a key role in the design process.

The name “Milady” cleverly plays with the expression “My Lady”, traditionally used to address nobles. However, the Internet has sarcastically associated the expression with excessive politeness and “nice guys”.

continue reading

Primordial NFT? Someone Tried To Sell JPEGs For BTC Months Before Bitcoin Pizza Day

On May 14, a tweet by developer Udi Wertheimer ignited a brief frenzy on crypto Twitter. The tweet suggested that the world’s first real-world purchase made with bitcoin may have been for a JPEG image, challenging the commonly known narrative of bitcoin’s first purchase being for pizza.

The screenshot shared on January 24, 2010, is four months before the famous Bitcoin Pizza Day. It shows a user named Sabiner attempting to sell a photo on the bitcointalk forum for 500 BTC, which was worth about $1 at the time. The screenshot also suggests that Satoshi Nakamoto, the pseudonymous founder of bitcoin, was trying to help facilitate the sale.

continue reading

LG Electronics files patent for NFT-trading TV

South Korean company LG Electronics has filed a patent application for a blockchain-based smart TV that enables NFT trading. The application was published in the database of the World Intellectual Property Organization in May.

LG’s proposed technology aims to facilitate seamless connectivity between devices, crypto wallets and NFT market servers, thereby enabling transactions. Smart TVs incorporate an onscreen QR code when connected to NFT Market servers, allowing users to complete transactions via cryptocurrency wallets.

continue reading

Nifty news: Assassin’s Creed reveals ‘smart collectibles’, Mechafightclub winds up and more

Ubisoft’s popular gaming franchise, Assassin’s Creed, released customizable “smart collectibles” on May 16. These collectibles include a transparent 3D-printed cube housing a character figure and a polygon-based NFT called the “Digital Soul” that serves as proof of ownership.

continue reading

check out cointelegraph nft steez podcast

Thanks for reading this digest of the week’s most notable developments in the NFT space. Come back next Wednesday for more reports and insights into this actively evolving space.