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Trump Appears to Be Targeting Muslim and “Non-White” Students for Deportation
Tue, 08 Apr 2025 13:03:13 +0000
Students from Muslim-majority countries as well as Asia and Africa are having their visas revoked with little or no explanation.
The post Trump Appears to Be Targeting Muslim and “Non-White” Students for Deportation appeared first on The Intercept.
Tech firm has reportedly flown 600 tonnes of handsets from Indian factories as Chinese goods face huge tariffs
Apple is reportedly chartering cargo flights to ferry iPhones from its Indian manufacturing plants to the US in an attempt to beat Donald Trump’s tariffs.
The tech company has flown 600 tonnes of iPhones, or as many as 1.5m handsets, to the US from India since March after ramping up production at its plants in the country, according to Reuters.
Continue reading...Economically, the trade war may be bad news for Xi Jinping, but ideologically and politically it is a gift
Last week, Mao Ning, head of China’s foreign ministry information department, posted a blurry black -and -white clip of a moment in history. In 1953, the late Chairman Mao, in his heavily accented, high-pitched voice, made a defiant speech of resistance to what he called US aggression in Korea.
Kim Il-sung, the North Korean leader and founder of the Kim dynasty, now in its third generation, had invaded US-backed South Korea. When Kim’s attempt to unite Korea by force appeared to be failing, China threw nearly 3 million “volunteers” into the war and succeeded in fighting to the stalemate that has prevailed ever since.
Isabel Hilton is a London-based writer and broadcaster who has reported extensively from China and Hong Kong
Continue reading...The U.S. moved toward tariffs that protected U.S. workers, industry, and the environment, says one expert. Trump is undoing it all.
The post What Could Progressive Tariffs Actually Look Like? appeared first on The Intercept.
Protesters across the country have been rallying every weekend to try and drive Elon Musk's car business into the ground.
The post Meet the Activists Motivated by Hatred of Elon Musk appeared first on The Intercept.
Just weeks away from graduation, some international students at Arizona State University have been blocked from completing degrees.
The post At Least 50 Arizona State Students Have Now Had Visas Revoked, Lawyer Says appeared first on The Intercept.
As the economic and political pressure became unbearable, the US president changed course – but has the damage been done?
He vowed: “My policies will never change.” He insisted: “Sometimes you have to take medicine to fix something.” He boasted: “I know what I’m doing.” And at 9.33am on Wednesday, he entreated: “BE COOL. Everything is going to work out well.”
But less than four hours later, Donald Trump blinked. As the economic and political pressure became unbearable, the US president announced on social media that he would pause for 90 days higher trade tariffs for most countries, excluding China.
Continue reading...The “Tesla Takedown” protests reveal a major vulnerability of the Trump regime.
The post The Tesla Takedown Shows How We Can Make Oligarchs Feel the Pain appeared first on The Intercept.
Trump ended the ‘de-minimis’ rule while launching a trade war with China – which will make retail giants such as Temu more expensive, experts say
After a chaotic week of flip-flopping tariff policies, cheap clothes from China are nearly certain to face a steep price hike soon – prompting concern among fast fashion retailers and potentially pushing consumers to look for other alternatives.
As part of a package of global tariff policies announced on “liberation day” last week, Donald Trump signed an executive order that ended a duty-free exemption for low-priced goods to enter the US from China and Hong Kong. Known as the “de-minimis” rule, packages under $800 do not qualify for any taxes or tariffs on the goods and are inspected minimally at the border.
Continue reading...The former US Navy Seal on working alongside the Ex Machina director to produce a war movie that’s as true to life as possible
Ray Mendoza, 45, served for more than 16 years as a US Navy Seal and training instructor before leaving to work as a Hollywood military adviser, specialising in choreographing gunfight sequences for movies including Alex Garland’s Civil War (2024). It’s with Garland that he’s now co-written and co-directed the film Warfare, a claustrophobically immersive account of an ill-fated surveillance mission that he survived in Ramadi province, Iraq, in 2006. Two men, among them Mendoza’s best friend, sniper and medic Elliott Miller, were badly injured by al-Qaida insurgents, and the attack intensified as the Seals sought to evacuate their wounded. The film, described in the New Yorker as “a work of hyper-exacting realism”, opens in the UK on 18 April.
How do you feel about war films in general?
I feel not seen. It’s actually embarrassing to watch them – they don’t get our culture right, we don’t speak that way. People have asked, are you worried that Warfare may trigger veterans and active-duty military? I think it does the opposite. It’s saying, you’re not forgotten, you are seen. Oftentimes, what is more triggering is seeing what we go through not accurately represented.
‘Don’t poke the beast’ remains the watchword at Number 10 even as the beast rampages around chewing the legs off the global economy
What fresh hell will Donald Trump unleash next? The question quivers on the world’s lips, but Sir Keir Starmer thinks it a fool’s errand trying to guess the answer. The prime minister has told colleagues not to waste any time on feverish speculation about the intentions of the US president.
This is sensible counsel after 10 days in which Typhoon Orange has wreaked havoc in global markets. His tariffs were so sweeping and so breathtakingly dumb that the hit list included a cluster of barren islands near Antarctica. Was his notoriously thin skin once pricked by an insolent penguin? Were the highest US tariffs in more than a century an ego-gratifying instrument to get other leaders to beg for mercy by “kissing my ass”? Are tariffs designed to be a revenue-raiser cunningly disguised as an economy-wrecker? If the aim, as some claim, is to reindustralise America, creating the conditions for an inflationary slump is a strange way to go about it.
Continue reading...Foreign secretary calls Hong Kong’s denial of entry for Wera Hobhouse ‘deeply concerning’ after she flew there to visit her newborn grandson
Foreign secretary David Lammy said he was deeply concerned after a British politician was denied entry to Hong Kong, and that he would urgently raise the issue with Chinese authorities.
Wera Hobhouse was denied entry to Hong Kong on Thursday for a personal trip to visit her son, who has lived there since 2019, and new grandson.
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Announcement says tariffs – including those imposed on China – will also not apply to other electronic devices
Donald Trump’s presidential administration has exempted smartphones and computers from the 125% levies imposed on imports from China as well as other “reciprocal” tariffs, which experts had cautioned might cause electronic consumer prices to spike dramatically in the US.
The announcement was made late on Friday in a US Customs and Border Protection (CBP) notice that said the devices would be excluded from the 10% global tariff that Trump recently imposed on most countries, along with the much heftier import tax on China.
Continue reading...Fifty-five years since Osaka last hosted, rocks from Mars, domestic androids and artificial hearts are part of showcase on ‘unloved’ island
As clunky as it sounds, “designing a future society for our lives” isn’t a bad ambition for the world in these troubled times. From this Sunday, organisers of the 2025 Exposition in Osaka will be hoping that appeal will put the event’s unsettled preparations in the shade for a six-month celebration of our common humanity.
The western Japan city is preparing to host its second World Expo, 55 years after the first was held in a country eager to capitalise on fading memories of the second world war as it embarked on its postwar journey to become an industrial and technological powerhouse.
Continue reading...Flights cancelled, train services suspended and tourist attractions closed as weather service says wind speeds could surpass records set in 1951
Strong winds caused havoc in Beijing and parts of northern China on Saturday, forcing hundreds of flights to be cancelled, attractions to close and rail lines to be suspended, state media said.
The powerful winds stemmed mainly from a cold vortex system formed over Mongolia that was moving east and south, sweeping across northern China from Friday and through the weekend, the China Meteorological Administration (CMA) said.
Continue reading...Lasting damage has been done not only to Trump’s political credibility but to globalisation as a system
At the beginning of this helter-skelter week, Downing Street was declaring globalisation not only dead but a failure. Now, only five trading days later, the autopsy is still under way but the victim may instead be economic populism, strangled by Wall Street, the citadel of globalisation. Donald Trump’s so-called liberation day may in fact have been the anti-globalist’s entombment day.
In an effort to deny even a tactical retreat, Trump’s aides insist the White House goal all along was not to weaken globalism, or even to protect the US economy with tariffs, but instead to get into a negotiation to lower tariffs around the world and to punish China. As cover stories go, it is hardly credible, partly because the tariffs were repeatedly lauded by Trump as a macroeconomic revenue-raising measure, or a means to bolster US manufacturing.
Continue reading...This blog is now closed. You can read our latest full report and explainer here:
The US dollar slumped on Friday as waning confidence in the US economy prompted investors to ditch US assets to the benefit of safe havens like the Swiss franc, yen and euro, as well as gold.
The yellow metal recorded a new all-time peak in early Asia trade, and the franc notched a fresh decade high, Reuters reports.
There has been a pronounced ‘sell US’ vibe flowing through broad markets and into the classic safe-haven assets, with the USD losing the safe-haven bid.
Continue reading...S&P 500 and Dow Jones rise sharply after extraordinarily volatile week as experts warn of continued turbulence
Donald Trump insisted his trade war with much of the world was “doing really well” despite mounting fears of recession and as Beijing hit back and again hiked tariffs on US exports to China.
As the US president said his aggressive tariffs strategy was “moving along quickly”, a closely watched economic survey revealed that US consumer expectations for price growth had soared to a four-decade high.
Continue reading...Carmaker removes ‘order now’ buttons for Model S saloon and Model X SUV on its Chinese website amid tariffs war
Tesla has stopped taking orders in China for two models it previously imported from the US, as companies scramble to adapt to prohibitive tariffs imposed in Donald Trump’s trade war.
The manufacturer, run by Trump’s close ally Elon Musk, removed “order now” buttons on its Chinese website for its Model S saloon and Model X sports utility vehicle.
Continue reading...We’d like to hear from small business owners in the UK and elsewhere about any impact of changing tariffs
China has raised tariffs on US imports to 125% in an escalation of the trade dispute between the world’s two largest economies.
US tariffs on Chinese goods now total 145%, while most other countries, including the UK, have maintained a 10% tariff on goods following Donald Trump’s announcements on Wednesday pausing “reciprocal” tariffs for 90 days.
Continue reading...After doubling down on his promise not to pause his latest tariffs, Donald Trump has announced a 90-day pause for most countries except China. Why did he change his mind?
Jonathan Freedland speaks to James Bennet of the Economist about who might have forced the president’s hand, and what could happen next
Archive: Fox News, CBS Minnesota, BBC News, WCNC, CNN, MSNBC, ABC News
Continue reading...In a triumph of bling over restraint, the bride will get a hen do in space and a party on a super-yacht
Well done us. It can’t be long before Jeff Bezos personally extends his thanks, as he did when we – Amazon employees and Amazon customers – paid for his flight to sub-orbital space, but let’s not wait. As soon as Monday, when his fiancee, Lauren Sánchez, is due with five friends on a rocket trip, Amazon givers could be witness, again, to the kind of unfettered excess that is only possible if everyone, at every level, contributes, even if it’s only via permanent surveillance and a surrendered toilet break.
But no one puts it better than Jeff, the founder and chief executive of Amazon, did himself, after he took his inaugural Blue Origin space trip in 2021. “You guys paid for all this.” More recently, we provided funds – that might not exist without the company’s pitiless working conditions – for Sánchez’s pink diamond engagement ring, proudly exhibited, estimated value, $3m. The billionaire delivered it, an enchanted Vogue writer reported, in the sweetest way, on his massive new yacht, “hiding the ring under her pillow after a starlit dinner à deux”. Few passions have been as exhaustively documented as that between these seasoned lovebirds. (Favourite saying: “Love you to space and back.”) And this week, prior to funding the solemnisation of that love – a June wedding in Venice – it will duly be our privilege to watch Lauren’s hen flight slip the surly bonds of Earth.
Continue reading...Temperatures exceeding 40C trigger deadly thunderstorms, as Mali agency issues hot weather warning
Northern India has been experiencing early extreme heat this week as temperatures topped 40C (104F), including in the capital, New Delhi.
Hot weather across the north-west of the country peaked on Tuesday as Barmer, a city in the state of Rajasthan, reached 46.4C – more than 6C above the average maximum in April.
Continue reading...At a Congressional hearing earlier this week, Matt Blaze made the point that CALEA, the 1994 law that forces telecoms to make phone calls wiretappable, is outdated in today’s threat environment and should be rethought:
In other words, while the legally-mandated CALEA capability requirements have changed little over the last three decades, the infrastructure that must implement and protect it has changed radically. This has greatly expanded the “attack surface” that must be defended to prevent unauthorized wiretaps, especially at scale. The job of the illegal eavesdropper has gotten significantly easier, with many more options and opportunities for them to exploit. Compromising our telecommunications infrastructure is now little different from performing any other kind of computer intrusion or data breach, a well-known and endemic cybersecurity problem. To put it bluntly, something like Salt Typhoon was inevitable, and will likely happen again unless significant changes are made...
Kempston Hardwick’s unlikely elevation to world-class tourism hotspot is good news amid these times of tyrants and tariffs
There may be Minions ahead. While Universal has yet to reveal the exact nature of the rides and attractions it has planned for its new theme park, the fact remains that the US entertainment giant’s first European venture will be in… Kempston Hardwick, near Bedford.
“We told the council that out of all the locations in Europe, we’d chosen Bedford to build a world-class park, and the excitement was there from day one,” Page Thompson, the president of new ventures at Universal Destinations & Experiences, told the Bedford Independent.
Continue reading...The veteran investigative journalist will cover U.S. military operations, national security issues, and foreign affairs through this yearlong fellowship.
The post Nick Turse Joins The Intercept as Inaugural National Security Reporting Fellow 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
Jeff Bezos’s Blue Origin rocket blasts off on Monday, with his fiancee, Katy Perry and three others on board. But is it more than just a stunt?
Jeff Bezos is blasting his bride-to-be Lauren Sánchez and her “guests” to space on Monday – a plan that might, under other circumstances, contain mixed messages.
A crew of six women – Amanda Nguyen, a civil rights activist who will become the first Vietnamese woman to fly to space; the CBS Mornings co-host Gayle King; the pop star Katy Perry; film producer Kerianne Flynn; entrepreneur and former Nasa rocket scientist Aisha Bowe; and Sánchez, a journalist and philanthropist – will blast off on Blue Origin’s New Shepard rocket from the company’s launch site, 30 miles north of Van Horn, Texas, on an 11-minute, suborbital flight to the edge of space and back.
Continue reading...Kevin Macdonald and Sam Rice-Edwards’s spry study of the couple in early 70s New York is as much as jittery collage of the era’s culture as it is a revealing portrait
John and Yoko. Greenwich Village. Television. Activism. Vietnam. Richard Nixon. Insects. Peace. This skittish, channel-surfing archival documentary, co-directed by Kevin Macdonald and Sam Rice-Edwards, touches on all of this and more. But it lingers on nothing. It’s a spry, fleet-footed film that makes an intriguingly angular and jittery companion piece to Peter Jackson’s weighty series The Beatles: Get Back, which explored, over nearly eight exhaustive hours, the making of the Beatles’ 1970 final album, Let It Be.
One to One, in contrast, covers an 18-month period shortly afterwards. It’s 1971. Unshackled from the Beatles and burned by the hostility of the British press, Lennon and Ono have upped sticks and moved to a bohemian two-room apartment in Manhattan’s Greenwich Village. The John Lennon we see in Jackson’s film can be abrasive, a guarded presence. In One to One, he’s lighter: engaged, curious and open, he seems positively chipper in some archival snippets. Ono, meanwhile, is reframed from the Beatles-wrecking succubus of popular media opinion at the time and shown as an articulate, if eccentric avant-garde artist who is candid about the personal cost of the hate campaign levelled against her. The move to New York is not just a relocation, but also, as the film tells it, a rebirth of sorts.
Continue reading...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.
Police say man landed on island in attempt to meet the Sentinelese people – a tribe untouched by the industrial world
Indian police said on Thursday they had arrested a US tourist who sneaked on to a highly restricted island carrying a coconut and a can of Diet Coke to a tribe untouched by the industrial world.
Mykhailo Viktorovych Polyakov, 24, set foot on the restricted territory of North Sentinel – part of India’s Andaman Islands – in an attempt to meet the Sentinelese people, who are believed to number only about 150.
Continue reading...Three claimants allege Mumbai-based consultancy firm discriminated against them during restructuring
A UK division of the Indian conglomerate Tata “deliberately orchestrated” a redundancy programme in a way that unfairly targeted older, non-Indian nationals, an employment tribunal has heard.
Three claimants allege the Mumbai-based Tata Consultancy Services (TCS), which is valued at almost £110bn on the BSE stock exchange in Mumbai, discriminated against them on grounds of age and nationality during a restructuring that began in mid-2023.
Continue reading...It’s an arid and mysterious place, yet it’s precisely these charms that captivate visitors – and our writer
‘It’s a Marmite place, you either love it or hate it,” says the lady making us coffee at Ness Café, as we gaze across the flat, arid landscape that is Dungeness beach, a chunk of Arizona on the Kent coast. Certainly it’s not for everyone. Some find it too bleak, depressing even. Others lean into it, the endless stretch of shingle and the looming presence of a nuclear power station at the southern end that lends a distinctly apocalyptic feel. Throw in the surreal afterthought of a miniature railway that runs across the beach and there really is nowhere else quite like it.
The place has long been an inspiration for artists, photographers, architects and writers, drawn by the otherworldly atmosphere, the strange clash of styles and the shifting blue-grey light.
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André Onana has been rested by Ruben Amorim for Manchester United’s trip to Newcastle on Sunday, after the No 1 was culpable for both goals in Thursday’s 2-2 Europa League draw at Lyon.
While Altay Bayindir is set to make his Premier League debut at St James’ Park, the 29-year-old is likely to be recalled for Thursday’s quarter-final, second leg at Old Trafford, the Guardian understands. Onana was left behind when United travelled to Tyneside on Saturday.
Continue reading...Kempston Hardwick’s unlikely elevation to world-class tourism hotspot is good news amid these times of tyrants and tariffs
There may be Minions ahead. While Universal has yet to reveal the exact nature of the rides and attractions it has planned for its new theme park, the fact remains that the US entertainment giant’s first European venture will be in… Kempston Hardwick, near Bedford.
“We told the council that out of all the locations in Europe, we’d chosen Bedford to build a world-class park, and the excitement was there from day one,” Page Thompson, the president of new ventures at Universal Destinations & Experiences, told the Bedford Independent.
Continue reading...If the gentrification of Notting Hill brings with it lovely Dorian, then Miquita Oliver and her mum Andi won’t hear a word against it
Dorian, 105-107 Talbot Road, London W11 2AT (020 3089 9556; dorianrestaurant.com). Small plates £19-£65; large plates £37-£145; desserts £8.50-£12; wine from £50
I’m going to tell you a story. This is a story about that which shall not be named. A word that is rarely dissected or discussed in polite society. Yes, occasionally it’s muttered casually – between close friends, in an Islington townhouse. You may even hear it whispered along the hallowed streets of London’s Broadway Market – if you’re lucky. But rarely do we take this beast apart. Not often is the brute hung, cut along its middle, for us to follow the grain of its connective tissues.
Continue reading...Twenty years after Concorde was grounded, a new wave of ‘quiet’ supersonic aircraft are in development – but not everyone welcomes the return of this costly, carbon-intensive technology
When I call Blake Scholl from New York, he says it’s a shame we couldn’t have met at his office in Colorado. If only there were a supersonic jet that could cruise at 1.7 times the speed of sound, and get me there two hours quicker than the typical JFK-to-Denver route.
There soon might be. Scholl is the CEO of Boom Supersonic, a company betting that ordinary civilians want to shoot across the sky at 1,100 miles (1,700 kilometres) per hour. After the pandemic brought a slump to the skies, air travel has returned to its former levels, and in-person business events are back on track. As a faster option for these travellers, Boom is developing its breakneck jets to be operational by 2029 – nearly a quarter century after Concorde landed its last plane.
Continue reading...Flights cancelled, train services suspended and tourist attractions closed as weather service says wind speeds could surpass records set in 1951
Strong winds caused havoc in Beijing and parts of northern China on Saturday, forcing hundreds of flights to be cancelled, attractions to close and rail lines to be suspended, state media said.
The powerful winds stemmed mainly from a cold vortex system formed over Mongolia that was moving east and south, sweeping across northern China from Friday and through the weekend, the China Meteorological Administration (CMA) said.
Continue reading...Imagine that all of us—all of society—have landed on some alien planet and need to form a government: clean slate. We do not have any legacy systems from the United States or any other country. We do not have any special or unique interests to perturb our thinking. How would we govern ourselves? It is unlikely that we would use the systems we have today. Modern representative democracy was the best form of government that eighteenth-century technology could invent. The twenty-first century is very different: scientifically, technically, and philosophically. For example, eighteenth-century democracy was designed under the assumption that travel and communications were both hard...
Daughter of Peter and Barbie Reynolds, 79 and 75, says they have ‘no idea’ why they have been in jail for two months
An elderly British couple taken captive by the Taliban have been interrogated 29 times since they were imprisoned more than two months ago, and still have “absolutely no idea” why they have been incarcerated, their daughter has said.
No charges have been brought against Peter Reynolds, 79, and his wife, Barbie, 75, who ran school training programmes and were arrested alongside an American friend, Faye Hall, as they travelled to their home in Bamyan province, in central Afghanistan, in February.
Continue reading...Students from Muslim-majority countries as well as Asia and Africa are having their visas revoked with little or no explanation.
The post Trump Appears to Be Targeting Muslim and “Non-White” Students for Deportation appeared first on The Intercept.
Just weeks away from graduation, some international students at Arizona State University have been blocked from completing degrees.
The post At Least 50 Arizona State Students Have Now Had Visas Revoked, Lawyer Says appeared first on The Intercept.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors. You’ll also receive handpicked offers from Guardian Holidays.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors.
You’ll also receive handpicked offers from Guardian Holidays.
Continue reading...Re-examination puts one of biggest #MeToo victories back in court as backlash against women’s rights unfolds in US
Harvey Weinstein goes back on trial in New York this week in a redo of the #MeToo-era case in which the disgraced movie mogul was convicted of sexual criminal assault in the first degree and rape in the third degree, but acquitted on three other counts, including the most serious charge, predatory sexual assault.
The legal drama begins with jury selection that is expected to last up to a week. It puts one of the biggest victories of the #MeToo era back in the courtroom just as a backlash against women’s rights – from abortion access to the rise of controversial male influencers like Andrew Tate – unfolds across the US.
Continue reading...The former US Navy Seal on working alongside the Ex Machina director to produce a war movie that’s as true to life as possible
Ray Mendoza, 45, served for more than 16 years as a US Navy Seal and training instructor before leaving to work as a Hollywood military adviser, specialising in choreographing gunfight sequences for movies including Alex Garland’s Civil War (2024). It’s with Garland that he’s now co-written and co-directed the film Warfare, a claustrophobically immersive account of an ill-fated surveillance mission that he survived in Ramadi province, Iraq, in 2006. Two men, among them Mendoza’s best friend, sniper and medic Elliott Miller, were badly injured by al-Qaida insurgents, and the attack intensified as the Seals sought to evacuate their wounded. The film, described in the New Yorker as “a work of hyper-exacting realism”, opens in the UK on 18 April.
How do you feel about war films in general?
I feel not seen. It’s actually embarrassing to watch them – they don’t get our culture right, we don’t speak that way. People have asked, are you worried that Warfare may trigger veterans and active-duty military? I think it does the opposite. It’s saying, you’re not forgotten, you are seen. Oftentimes, what is more triggering is seeing what we go through not accurately represented.
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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