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Trump Just Pardoned ... a Corporation?
Wed, 02 Apr 2025 12:21:52 +0000
In what may be an American first, President Donald Trump pardoned a company sentenced to $100 million in fines for breaking money laundering laws.
The post Trump Just Pardoned … a Corporation? appeared first on The Intercept.
Florida prosecutors say Michelle Taylor used gasoline to set a fire that killed her son. Top forensic chemists say they’re wrong.
The post The Arson Evidence Doesn’t Hold Up. Florida Is About to Convict Her for Murder Anyway. appeared first on The Intercept.
The Trump administration’s detention of Tufts student Rümeysa Öztürk rests on an opinion article she wrote in 2024, her lawyers said in a filing.
The post In Trump’s America, You Can Be Disappeared for Writing an Op-Ed appeared first on The Intercept.
Defense Secretary Pete Hegseth boasts he’s nixing contracts and grants amid DOGE’s cost-cutting campaign. But those trims won’t hit SpaceX.
The post DOGE’s Pentagon Budget Cuts Don’t Touch Elon Musk’s SpaceX appeared first on The Intercept.
The law behind the warrants bars concealment of people in the country illegally, yet the students were legal residents living on campus.
The post ICE Got Warrants Under “False Pretenses,” Claims Columbia Student Targeted Over Gaza Protests appeared first on The Intercept.
US National Security Advisor Mike Waltz, who started the now-infamous group chat coordinating a US attack against the Yemen-based Houthis on March 15, is seemingly now suggesting that the secure messaging service Signal has security vulnerabilities.
"I didn’t see this loser in the group," Waltz told Fox News about Atlantic editor in chief Jeffrey Goldberg, whom Waltz invited to the chat. "Whether he did it deliberately or it happened in some other technical mean, is something we’re trying to figure out."
Waltz’s implication that Goldberg may have hacked his way in was followed by a ...
John Kelsey and I wrote a short paper for the Rossfest Festschrift: “Rational Astrologies and Security“:
There is another non-security way that designers can spend their security budget: on making their own lives easier. Many of these fall into the category of what has been called rational astrology. First identified by Randy Steve Waldman [Wal12], the term refers to something people treat as though it works, generally for social or institutional reasons, even when there’s little evidence that it works—and sometimes despite substantial evidence that it does not...
Trump’s “Operation Aurora” swept up only one suspected gang member — but set the stage for a radical expansion of government power.
The post How a Landlord and a Florida PR Firm Helped Trump Kick Off the Tren de Aragua Gang Panic appeared first on The Intercept.
Democrats accuse Trump of ruining US economy on purpose and note the lack of tariffs for Russia
In the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.
“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee.
Continue reading...Conformity and fear of party leadership are impairing Democrats’ ability to fight Trump and drive a progressive agenda
Joe Biden’s insistence on running for re-election was certainly disastrous. It kept credible contenders out of the Democratic presidential primaries and prevented the selection of a nominee who had gained momentum in the winnowing process. Even after his stunningly feeble debate performance on 27 June last year, Biden took several weeks before finally opting out of the race. That left Kamala Harris a mere 107 days between the launch of her campaign and election day.
Ample evidence shows that the Biden team was riddled with obstinate denial and misrepresentation aimed at the public. But tales of tragic egomania in high places can take us only so far. What’s essential is to scrutinize how – and why – the Democratic party, its leaders and its prominent supporters enabled Biden and his inner circle to get away with such momentous stonewalling for so long.
Continue reading...The United Kingdom appears certain to host the 2035 Women’s World Cup after Gianni Infantino, the Fifa president, announced it is the sole bidder for the tournament.
Infantino confirmed in an address to Uefa’s annual congress in Belgrade that the UK had a clear path to staging the event. He also named the USA, probably alongside other Concacaf members, as the only candidate for the 2031 edition. Fifa intends to expand the Women’s World Cup to 48 teams, mirroring the new look of the men’s competition, from 2031. Concacaf covers North and Central America and the Caribbean.
Continue reading...Maintaining seed diversity and abundance is essential – and requires constant work. It’s time for Congress to return to the seed business
From 1862 until 1923, US senators and members of Congress provided vast numbers of seeds to constituents. At its peak, the congressional seed distribution program delivered over 60m seed packets directly to farmers and market gardeners every year, helping introduce new varieties of everything from wheat and corn to oats, soybeans, flowers and vegetables. A century later, far fewer Americans till the soil for a living, but seeds remain central to our lives.
To understand the importance of seeds, try to imagine a morning without them. It would begin naked on a bare mattress, with no cozy sheets or pajamas, and there would be no fluffy towel to wrap up in after your shower. All of those things come from the seeds of the cotton plant. Stumbling wet into the kitchen, you would find no coffee, and no toast or bagel to go with it. There would be no eggs, no bacon, no cereal, no milk. All of those staples come from seeds or from livestock raised on seed crops. And if you thought you might console yourself with a chocolate bar, you can forget it. Cocoa powder, and the cocoa butter that makes it melt in your mouth, are both derived from seeds.
Continue reading...Ron Klain tells author Chris Whipple that Biden opted for Annie Leibovitz shoot at critical moment in campaign
In the aftermath of the disastrous debate against Donald Trump that ultimately ended his political career, Joe Biden skipped a White House meeting with the congressional Progressive caucus in favor of a Camp David photoshoot with the fashion photographer Annie Leibovitz, a new book says.
“You need to cancel that,” Ron Klain, Biden’s former chief of staff and debate prep leader, told the president, as he advocated securing the endorsement of the group of powerful progressive politicians perhaps key to his remaining the Democratic nominee.
Continue reading...I accompanied one of the students who fled Trump’s crackdown. It gave me clarity on what’s at stake.
The post This Is Not About Antisemitism, Palestine, or Columbia. It’s Trump Dismantling the American Dream. appeared first on The Intercept.
“Do your job!” the crowd chanted, urging Rep. Victoria Spartz, one of the most outspoken DOGE supporters, to rein in Elon Musk.
The post GOP Leaders Said Don’t Do Town Halls. This Indiana Republican Did — and Got an Earful. appeared first on The Intercept.
Only drones can begin to capture the scale of destruction in the Gaza Strip. The journalists doing it were targeted again and again.
The post Israel Leveled Gaza — Then Killed the Drone Journalists Who Showed it to the World appeared first on The Intercept.
“We had positive ID of him walking into his girlfriend’s building and it’s now collapsed.”
The post The Real Outrage About the Yemen Signal Group Is That It Called for Attack on Civilian Home appeared first on The Intercept.
Despite years of official criticism of encrypted messaging, CIA Director John Ratcliffe revealed that Signal comes installed on agency computers.
The post U.S. Officials Called Signal a Tool for Terrorists and Criminals. Now They’re Using It. appeared first on The Intercept.
Leaders around the world have reacted with a mix of a mix of confusion and concern after Donald Trump announced sweeping tariffs on some of its largest trading partners, upending decades of US trade policy and starting a possible global trade war. The tariffs range from 10% to 49% on all goods imported from abroad
‘Nowhere on earth is safe’: Trump imposes tariffs on uninhabited islands near Antarctica
War-torn and struggling countries among those facing steepest Trump reciprocal tariffs
Myanmar, Cambodia and Laos hit with rates over 40% as experts say the real target is China
Developing nations in south-east Asia, including wartorn and earthquake-hit Myanmar, and several African nations are among the trading partners facing the highest tariffs set by Donald Trump.
Upending decades of US trade policy and threatening to unleash a global trade war, the US president announced a raft of tariffs on Wednesday that he said were designed to stop the US economy from being “cheated”.
Continue reading...US president accused of blowing up country’s ability to respond to disasters by removing funding
As aid from China, Russia, India and the UK begins to flow into Myanmar, there is a conspicuous gap in global support from the world’s richest country: the US.
The powerful 7.7-magnitude quake that struck central Myanmar on Friday has caused widespread destruction, flattening swathes of the country’s second-largest city, Mandalay, and even a tower block in the Thai capital, Bangkok, more than 600 miles (1,000km) away.
Continue reading...Beijing continues drills in Taiwan strait, practising hitting key ports and energy infrastructure
The US has accused China of putting the region’s security at risk after it launched a second day of military drills targeting Taiwan with a rehearsal blockade and attack.
The China’s People’s Liberation Army (PLA) began the joint drills without notice on Tuesday morning, sending 76 aircraft and more than 20 navy and coastguard ships, including the Shandong carrier group, to positions around Taiwan’s main island.
Continue reading...Defence secretary’s trip to Asia shows the Trump administration is engaged with the region, but analysts warn Taipei to tread carefully
On Tuesday China’s military launched joint drills around Taiwan, sending ships, planes and some bizarre propaganda videos across the strait to both warn and punish Taiwan’s government over what Beijing calls “separatist activity”.
The purported provocation was recent assertiveness by Taiwan’s president, Lai Ching-te, who in March designated China a “foreign hostile force” and announced 17 measures to counter its espionage and influence operations.
Continue reading...Chinese commerce ministry says ‘there is no way out for protectionism’ as tariffs rise from 20% to 54%
China has condemned the “unilateral bullying” practices of the US, as it urged Washington to immediately drop the enormous tariffs that have been placed on Chinese goods.
Late on Wednesday night, the White House unveiled sweeping new tariffs on all imports to the US. Chinese goods, which were already subject to a 20% levy, received an additional 34% tariff, taking the total tariff to 54%. The additional levy, part of Donald Trump’s suite of so-called “reciprocal tariffs” targeted at specific countries, takes effect on 9 April.
Continue reading...We’d like to hear from people about the impact Trump’s tariffs might have on them and their businesses
Donald Trump has unveiled his global tariffs on US trading partners including 10% on UK exports to the US, 20% on the EU and 34% on China. However, the US’s closest trading partners, Canada and Mexico, have been exempt from the latest round of tariffs.
Wherever you are in the world, we’d like to hear how you might be affected by the tariffs. What preparations or changes are you making to your business? Do you have any concerns?
Continue reading...Max Verstappen has intimated he was unhappy with the way his Red Bull team suddenly sacked their driver Liam Lawson after just two races and replaced him with Yuki Tsunoda from sister team Racing Bulls, speaking in the buildup to this weekend’s Japanese Grand Prix.
Red Bull dropped Lawson with a shocking speed after he underperformed in his first two races for the team, a bluntly emphatic act even by F1 standards. In the immediate aftermath the former driver Giedo van der Garde described Red Bull’s treatment of the 23-year-old as “closer to bullying or a panic move” and that they “gave Liam two races only to crush his spirit” in a post on Instagram, which was liked by Verstappen.
Continue reading...Donald Trump has upended decades of US foreign policy by bringing in a vast array of tariffs that threaten to disrupt international trade. Here are some initial key points
Countries across the world are racing to absorb the new way of doing business with the US, after Donald Trump unveiled tailored tariffs that looks set to ignite a global trade war.
Trump has made clear the goals he wants to accomplish through the tariffs: bring manufacturing back to the US; respond to unfair trade policies from other countries; increase tax revenue; and incentivise crackdowns on migration and drug trafficking.
Continue reading...In today’s newsletter: Israel’s offensive has resulted in thousands of casualties and severe restrictions on aid, and signals a potential long-term territorial and political shift
Good morning. On Tuesday, Israeli defence minister, Israel Katz, announced a major expansion of attacks on Gaza and the “capture of large areas that will be added to the security zones of the state of Israel”.
The announcement followed a night of airstrikes on Khan Younis and Rafah in southern Gaza, which officials said had killed at least 21 people, including a pregnant woman. The intensification of Israel’s offensive comes after more than two weeks of airstrikes and ground operations that have, according to Gaza’s health ministry, killed more than 900 people. Unicef has said that at least 322 of those killed since the renewed attacks have been children.
UK economy | Donald Trump has hit the UK with tariffs of 10% on exports to the US as he ignited a global trade war. Other tariffs include 20% on the EU and 34% on China. Downing Street had been expecting 20% but Keir Starmer’s conciliation towards the Trump administration appeared to have paid off.
Immigration | An investigation has been launched after a racist message was reportedly “blasted out” on portable radios used by Home Office contractors at an asylum processing centre. The deeply offensive broadcast – “fuck off you [N-word]s, go back to where you came from” – was reportedly heard at the Manston processing site for small boat arrivals in Kent.
Health | Doctors have reported a rise in the number of patients with Victorian diseases such as scabies, as the Royal College of Physicians urged the government to do more to fight poverty.
UK news | A third former South Yorkshire police officer has been arrested as part of an investigation into child sexual exploitation in Rotherham. The ex-constable, aged in his 50s, was arrested on Monday on suspicion of raping a teenage girl in the town in 2004.
Education | The fate of boys “is a defining issue of our time”, according to the education secretary, Bridget Phillipson, as she calls for more men to become teachers to combat “toxic” behaviours.
Continue reading...President to impose ‘reciprocal’ tariffs on largest trading partners and says new charges will bring about ‘golden age’
Donald Trump announced sweeping tariffs on some of its largest trading partners on Wednesday, upending decades of US trade policy and threatening to unleash a global trade war on what he has called “liberation day”.
Trump said he will impose a 10% universal tariff on all imported foreign goods in addition to “reciprocal tariffs” on a few dozen countries, charging additional duties onto countries that Trump claims have “cheated” America.
Continue reading...‘Japan is the mecca of cosplay. Monaka runs a cafe in Tokyo called Monster Party, where people go dressed as characters from a subculture known as tanganmen. Her brother is holding a picture of their mum’
My personal projects have often focused on the topic of identity, so the world of cosplay immediately appealed to me. I knew nothing about it until I saw some photographs on Instagram and became interested in these people who spend their free time turning themselves into characters from manga, anime, movies and video games – or even into creations they’ve come up with by themselves.
Italy’s biggest annual cosplay event is held in the region where I live, Tuscany. I started going and taking pictures, just on my phone at first, and that’s where I first approached cosplayers to ask if they’d like to help me with a project I had in mind. In the 1970s, John Olson took some portraits for Life magazine of musicians such as Frank Zappa and Elton John at home with their parents. They contrasted the individual identity of the rock stars and the social identity represented by their parents, and that seemed the right way to photograph cosplayers, too. I thought it was far more interesting to show them in a domestic setting, alongside people in everyday clothes, than in the environment of a fantasy-themed event.
Continue reading...Rare tornado emergency declared in Arkansas city as homes ripped apart and warnings issued in multiple states
Violent storms and tornadoes have torn across the US south and midwest, killing at least one person and downing power lines and trees, smashing homes and upturning cars across multiple states.
Dozens of tornado and severe thunderstorm warnings were issued in parts of Arkansas, Illinois, Indiana, Missouri and Mississippi on Wednesday evening. In Arkansas, the National Weather Service told residents: “This is a life threatening situation. Seek shelter now.”
Continue reading...Brother of Jagtar Singh Johal claims he is being ‘mentally tortured’ through unwarranted detention
The British Sikh activist Jagtar Singh Johal, detained for seven years in an Indian jail, has been placed into solitary confinement and under 24-hour surveillance despite being acquitted of all terrorism charges against him by a Punjab court on 4 March, his family have claimed.
Johal is still facing the exact same charges in a parallel case in a clear example of double jeopardy, his brother Gurpreet said when giving testimony at Westminster to an all party committee on arbitrary detention. He said the Indian courts have not granted his brother bail, despite the prosecutor’s failure to produce any credible evidence or witnesses in the Punjab court.
Gurpreet said UK consular staff met his brother in jail on Tuesday and were told he had been put into solitary confinement with a 24-hour guard, adding no explanation had been given.
Continue reading...In what may be an American first, President Donald Trump pardoned a company sentenced to $100 million in fines for breaking money laundering laws.
The post Trump Just Pardoned … a Corporation? appeared first on The Intercept.
Vast scheme aims to counter disinformation and increase awareness in country where low HPV vaccine take-up means many die from the preventable disease
Tens of thousands of doctors across India are being trained to promote the HPV vaccine, in a push to eliminate cervical cancer in the country.
They will check with mothers attending medical appointments that they intend to vaccinate their daughters, and visit schools and community centres armed with facts and slideshows to counter vaccine disinformation.
Continue reading...US National Security Advisor Mike Waltz, who started the now-infamous group chat coordinating a US attack against the Yemen-based Houthis on March 15, is seemingly now suggesting that the secure messaging service Signal has security vulnerabilities.
"I didn’t see this loser in the group," Waltz told Fox News about Atlantic editor in chief Jeffrey Goldberg, whom Waltz invited to the chat. "Whether he did it deliberately or it happened in some other technical mean, is something we’re trying to figure out."
Waltz’s implication that Goldberg may have hacked his way in was followed by a ...
Barricades go up in Seoul as court prepares to rule on whether to uphold Yoon’s impeachment or restore his powers
The usually quiet streets outside South Korea’s constitutional court in Seoul are now a political ground zero for a decision that will determine the country’s future.
Months after Yoon Suk Yeol imposed martial law and triggered South Korea’s worst political crisis in decades, the court will on Friday decide whether to uphold the suspended president’s impeachment or return him to office.
Continue reading...“Do your job!” the crowd chanted, urging Rep. Victoria Spartz, one of the most outspoken DOGE supporters, to rein in Elon Musk.
The post GOP Leaders Said Don’t Do Town Halls. This Indiana Republican Did — and Got an Earful. appeared first on The Intercept.
Myanmar’s military junta has been losing territory for months. Will the earthquake and a new ceasefire help it turn the tide? Rebecca Ratcliffe reports
“It took around four to five minutes for the earthquake to shake and then it stopped and shook again. It is the most severe earthquake I have experienced in my life.”
Esther J is a reporter based in Bangkok, Thailand, more than 600 miles (966km) away from her home country of Myanmar – the epicentre of last week’s 7.7 magnitude earthquake.
Continue reading...The 7.7 magnitude quake on Friday wrought destruction across central areas of the country, including the capital
A devastating earthquake has wrought destruction across central Myanmar, toppling ancient sites, bringing down hospital buildings and collapsing homes.
The 7.7 magnitude quake on Friday was followed by a number of aftershocks along the Sagaing fault. It also caused damage in neighbouring Thailand, where a skyscraper under construction collapsed in Bangkok.
Continue reading...The law behind the warrants bars concealment of people in the country illegally, yet the students were legal residents living on campus.
The post ICE Got Warrants Under “False Pretenses,” Claims Columbia Student Targeted Over Gaza Protests appeared first on The Intercept.
World Health Organization issues flash appeal for $8m of emergency support amid frantic search for survivors
AFP has spoken to relatives anxiously waiting at the site of a collapsed building in Bangkok.
Daodee Paruay said she had been at the site for two days, hoping for a miracle. Her brother was an electrician working on site, and he is believed to be under the rubble. “We wait, we wait.” she said.
Continue reading...Rescue efforts are entering their third day and attempts to find survivors are intensifying after a devastating 7.7-magnitude earthquake struck Myanmar and Thailand, killing at least 1,600 people and injuring more than 3,400. At least 139 others are missing. The initial quake struck near Mandalay early on Friday afternoon, collapsing buildings, downing bridges and buckling roads, causing mass destruction in Myanmar's second largest city
Continue reading...“We had positive ID of him walking into his girlfriend’s building and it’s now collapsed.”
The post The Real Outrage About the Yemen Signal Group Is That It Called for Attack on Civilian Home appeared first on The Intercept.
China has dramatically increased military activities around Taiwan, with more than 3,000 incursions into Taiwan's airspace in 2024 alone. Amy Hawkins examines how Beijing is deploying 'salami-slicing' tactics, a strategy of gradual pressure that stays below the threshold of war while steadily wearing down Taiwan's defences. From daily air incursions to strategic military exercises, we explore the four phases of China's approach and what it means for Taiwan's future
Continue reading...
The European Space Agency's (ESA) Director of Human and Robotic Exploration, Daniel Neuenschwander, and the Japan Aerospace Exploration Agency's (JAXA) Vice President for Exploration and Human Spaceflight, Mayumi Matsuura, have signed a new statement of intent focused on Moon and Mars activities. This statement marks their intention towards a step forward in space exploration cooperation between ESA and JAXA, and lays the groundwork for expanded collaboration between the two agencies in advancing science, technology and international partnerships.
Citizen Lab has a new report on Paragon’s spyware:
Key Findings:
- Introducing Paragon Solutions. Paragon Solutions was founded in Israel in 2019 and sells spyware called Graphite. The company differentiates itself by claiming it has safeguards to prevent the kinds of spyware abuses that NSO Group and other vendors are notorious for.
- Infrastructure Analysis of Paragon Spyware. Based on a tip from a collaborator, we mapped out server infrastructure that we attribute to Paragon’s Graphite spyware tool. We identified a subset of suspected Paragon deployments, including in Australia, Canada, Cyprus, Denmark, Israel, and Singapore. ...
Star says cast took a ‘gamble’ appearing in Peter Jackson’s hit trilogy and did not earn enough to ‘rest easy’ for life
Elijah Wood has said that his salary for The Lord of the Rings movies was “not massive” and that appearing in the films was “a real gamble”.
According to a report in Business Insider, which carried quotes from the star at the Texas film awards in March, Wood said the fact that the actors had to sign up for all three films at the start meant that their fees were not related to the film’s financial success. “Because we weren’t making one movie and then renegotiating a contract for the next, it wasn’t the sort of lucrative scenario that you could sort of rest easy for the rest of your life.”
Continue reading...Maga is coming after the House of Mouse with a cynical attack on its diversity policies. Disney can – and should – fight back
I remember the moment I truly recognized the power Disney has to move young hearts and minds.
It was when I attended a sneak preview of Disney’s adaptation of the Chinese legend of Mulan, about a young woman who disguises herself as a man and takes up her wounded father’s sword to defend her nation.
Continue reading...The bestselling video game ever has a devoted, vocal, following. Can a faceless corporation make a successful film based on such beloved IP without involving its fanbase?
By any estimation, Minecraft is impossibly successful. The bestselling video game ever, as of last December it had 204 million monthly active players. Since it was first released in 2011, it has generated over $3bn (£2.3bn) in revenue. What’s more, its players have always been eager to demonstrate their fandom outside the boundaries of the game itself. In 2021, YouTube calculated that videos related to the game – tutorials, walk-throughs, homages, parodies – had collectively been viewed 1tn times. In short, it is a phenomenon.
Such is the strength of feeling, almost all of it positive, about Minecraft that it was only a matter of time before someone tried to turn it into a film. After all, you have a historically popular product and a highly engaged fanbase: what could possibly go wrong? Turns out, quite a lot. Last September, the first trailer for the film – titled A Minecraft Movie – was released, and the reaction was instant and violent. “Minecraft fans devastated by ‘awful’ live-action trailer” read one headline the following day. Some called it “a crime against humanity”; others “a soulless neon abomination”. In less than 24 hours, the website GamingBible had called it “a curse on my eyes” and “pure nightmare fuel”. Within three days of its release, the trailer had been downvoted more than 1m times.
Continue reading...‘Japan is the mecca of cosplay. Monaka runs a cafe in Tokyo called Monster Party, where people go dressed as characters from a subculture known as tanganmen. Her brother is holding a picture of their mum’
My personal projects have often focused on the topic of identity, so the world of cosplay immediately appealed to me. I knew nothing about it until I saw some photographs on Instagram and became interested in these people who spend their free time turning themselves into characters from manga, anime, movies and video games – or even into creations they’ve come up with by themselves.
Italy’s biggest annual cosplay event is held in the region where I live, Tuscany. I started going and taking pictures, just on my phone at first, and that’s where I first approached cosplayers to ask if they’d like to help me with a project I had in mind. In the 1970s, John Olson took some portraits for Life magazine of musicians such as Frank Zappa and Elton John at home with their parents. They contrasted the individual identity of the rock stars and the social identity represented by their parents, and that seemed the right way to photograph cosplayers, too. I thought it was far more interesting to show them in a domestic setting, alongside people in everyday clothes, than in the environment of a fantasy-themed event.
Continue reading...“We had positive ID of him walking into his girlfriend’s building and it’s now collapsed.”
The post The Real Outrage About the Yemen Signal Group Is That It Called for Attack on Civilian Home appeared first on The Intercept.
Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
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