Abirpothi

India’s only daily art newspaper

blockchain

Changes Afoot: X (Formerly Twitter) Halts NFT Profile Pictures for Paid Subscribers

In an unexpected development, X (formerly Twitter) has discreetly removed the option for its paid subscribers to feature NFTs as profile pictures. This modification in features comes on the heels of a recent announcement by Elon Musk, the owner of the company, detailing X’s plans for the year 2024. Background: Twitter Blue’s NFT Profile Picture […]

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Yuga Labs Announces Employee Layoffs and Restructuring Amidst NFT Market Uncertainty

Introduction Tech firm Yuga Labs, the creator behind popular NFT collections such as Bored Ape Yacht Club and CryptoPunks, is preparing for employee layoffs and a comprehensive company restructuring. These changes come in the wake of the appointment of new Chief Executive Officer Daniel Alegre and a growing sense of skepticism regarding the stability and

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A blockchain architect unravels the art world\’s enigma with non-fungible tokens (NFTs)

Abir Pothi gets into the basics of the boom that is sweeping the art world off its feet. The new buzzwords for art in the digital era — NFTs, blockchain and cryptocurrency — are explained by blockchain architect and expert Rohas Nagpal in his own words. It all starts with the building blocks. So, what

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