Real estate can make a lot of money, sometimes in surprising ways. One example is this (relatively) small house in Silver Lake, which is just over 2,000 square feet and sits on a hillside street on a smallish lot with no swimming pool. Three years ago, the same house sold for $1.8 million. It just sold off-market for about $4 million. Bess Kalb, a well-known comedy writer who has written for “Jimmy Kimmel Live!” and whose book “Nobody Will Tell You This But Me” was a New York Times bestseller, was the lucky seller. During the time Kalb owned the well-kept but old 1930s house, she updated the ..read more

Liverpool football club is getting closer to the crypto world by expanding its partnership with Sorare, a French blockchain-based sports startup, according to a statement from the company on Thursday. Sorare’s online fantasy sports game sells licensed digital sports cards that players can use to build teams that compete against each other. Sorare said it had an exclusive multi-year partnership with Liverpool to make content and experiences for fans. Non-fungible tokens (NFTs), a type of crypto asset that keeps track of who owns digital goods on the blockchain, are used to buy and sell the gam ..read more

The OpenRarity project was a collaboration between Curio, icy.tools, OpenSea, and Proof, which are all parts of the NFT community. Since thousands of nonfungible tokens (NFTs) are made every single day, it can be hard for NFT collectors to find rare pieces. But if the industry keeps getting better, it may soon be easier to find rare NFTs without much trouble. In a tweet, NFT marketplace OpenSea said it was adding OpenRarity, a protocol that lets NFTs on its platform have their rarity calculated in a way that can be checked. The protocol uses a clear mathematical method to figure out how rare ..read more

Okay Bears, a successful non-fungible token (NFT) project launched on the Solana blockchain, is working with global entertainment leader IMG to launch consumer products and experiences. The deal makes IMG the only company that can sell licenses for the community-focused project, which is made up of 10,000 well-dressed bears sold as PFP NFTs. Within 24 hours of its launch in April 2022 on the NFT marketplace Magic Eden, the project made $18 million in sales. This was more trading volume than any other Ethereum project. This is important because the Ethereum blockchain is where many of the most ..read more

Fractional non-fungible tokens (NFTs), which have the crypto community all excited, could make young people more interested in fine art. To be clear, if you own a piece of fine art in parts, you can’t hang the whole thing in your house. Instead, NFTs have made popular works of art more accessible to everyone through fractionalism. This means that a group of people can own a piece of art by splitting the cost. It makes it possible for each member of the collective to own a piece of the art. Before, if they didn’t have enough money to buy it outright, they had to watch someone else take it. In ..read more

Fractional non-fungible tokens (NFTs), which have the crypto community all excited, could make young people more interested in fine art. To be clear, if you own a piece of fine art in parts, you can’t hang the whole thing in your house. Instead, NFTs have made popular works of art more accessible to everyone through fractionalism. This means that a group of people can own a piece of art by splitting the cost. It makes it possible for each member of the collective to own a piece of the art. Before, if they didn’t have enough money to buy it outright, they had to watch someone else take it. In ..read more

Real estate can make a lot of money, sometimes in surprising ways. One example is this (relatively) small house in Silver Lake, which is just over 2,000 square feet and sits on a hillside street on a smallish lot with no swimming pool. Three years ago, the same house sold for $1.8 million. It just sold off-market for about $4 million. Bess Kalb, a well-known comedy writer who has written for “Jimmy Kimmel Live!” and whose book “Nobody Will Tell You This But Me” was a New York Times bestseller, was the lucky seller. During the time Kalb owned the well-kept but old 1930s house, she updated the ..read more

Adobe, a company that makes software for creative design, has announced that it will buy the web design app Figma for $20 billion. This is an attempt to take on its biggest competitor. Adobe wants to combine some of the existing features, like photography, illustration, and video technology, with Figma’s products. Illustrator, Photoshop, Behance, Premiere Pro, and other Adobe features cost money. Adobe CEO Shantanu Narayen said, “The combination of Adobe and Figma is a game-changer and will speed up our vision for collaborative creativity.” CNBC sources say that Figma, which started in 2012 ..read more

Ethereum just became a lot more eco-friendly. The team behind Ethereum made a change to its software architecture on Wednesday. This change is called “the Merge.” As part of this update, Ethereum switched from the proof-of-work system to the proof-of-stake system. The proof-of-work system requires a lot of computational energy to “mine” Ethereum and has been criticized for releasing a lot of carbon dioxide because it uses so much electricity. The proof-of-stake system allows users to validate new blocks on the chain (the so-called permanent ledger) and earn new Eth tokens by using their exist ..read more

Even though they tried to get new funding and change their goals, NFT rental platform Rentable is shutting down today. The founder of Rentable, a non-fungible token (NFT) protocol that lets users rent out their jpegs, said today that the protocol will be shutting down because it hasn’t found “product market fit.” Users can still make withdrawals, but they can no longer rent out their coins. Users have until October 13 to finish withdrawals. After that date, the protocol will start emergency withdrawals and send the tokens back to their owners. Emiliano Bonassi, who started the project, made R ..read more