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The US Secret Service has an NFT collection: Nifty Newsletter, May 10–16

The US Secret Service has an NFT collection: Nifty Newsletter, May 10–16

In this week’s newsletter, read about the US Secret Service’s nonfungible token (NFT) collection and how Elon Musk’s tweet caused an NFT collection rock bottom price to rise. 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, in which the popular game franchise Assassin’s Creed reveals 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 US Secret Service task force revealed that they own crypto, maintain an NFT collection, and recognize the potential of blockchain technology in the fight against financial problems. crime.

Unlike some regulators who see cryptocurrencies as tools for fraudsters and scammers, the task force expressed enthusiasm for the transparent and public nature of blockchains. They described it as a “great opportunity” for law enforcement agencies to effectively track money movements, helping to fight illegal activity.

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Milady NFT rock bottom price rises after Elon Musk tweet

On May 10, Elon Musk’s tweet featuring artwork from the Milady NFT collection caused the rock bottom price of Milady NFTs to rise. Initially, the price peaked at 7.3 Ether (ETH), but eventually the price settled at 5.69 ETH.

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Created by digital art collective Remilia, the Milady Collection consists of 10,000 NFTs of anime profile pictures inspired by street style tribes. Artist Charlotte Fang played an important role in the design process.

The name “Milady” cleverly plays on the phrase “my lady”, traditionally used to address noblewomen. However, the internet has satirically associated the phrase with overzealous chivalry and “nice guys.”

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Original NFT? Someone tried to sell a JPEG for BTC months before Bitcoin Pizza Day

On May 14, a tweet from developer Udi Wertheimer caused a brief frenzy on Crypto Twitter. The tweet suggested that the world’s first real-world purchase using Bitcoin may have been a JPEG image, casting doubt on the widely known story of Bitcoin’s first purchase for pizza.

The shared screenshot, dated January 24, 2010, predates the famous Bitcoin Pizza Day by four months. It shows a user named Sabunir trying to sell a photo on the Bitcointalk forum for 500 BTC, which was worth about $1 at the time. The screenshot even reveals that Satoshi Nakamoto, the pseudonymous founder of Bitcoin, tried to help facilitate the sale.

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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 will enable NFT trading. The application was published in May in the database of the World Intellectual Property Organization.

LG’s proposed technology aims to enable seamless connectivity between devices, crypto wallets and an NFT market server, enabling transactions. The smart TV includes on-screen QR codes when connected to an NFT market server, allowing users to complete transactions through a cryptocurrency wallet.

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Helpful News: Assassin’s Creed Unveils ‘Smart Collectibles’, MechaFightClub Ending, and More

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

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VIEW COINTELEGRAPH’S NFT STEEZ PODCAST

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

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  • May 17, 2023