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Millionaire under investigation for burning Frida Kahlo art in NFT stunt

Crypto millionaire Martin Mobarak burned a potentially fake Frida Kahlo drawing for an NFT project. Mexican authorities are investigating.

Virtual land NFTs: Average trading volumes down 98% since ATH

Transaction volumes within the top 18 collections of virtual land NFTs are down 98% from their highs and floor prices have cratered.

The new collection is part of Yuga Labs’ plan to build a media empire on Web 3.0 that includes games and art based in the metaverse.

A Starbucks collectible NFT project has been announced on the same day it released two new staff benefits that excluded unionized branches.