Luxury Staples Embrace NFTs
Bloomberg Crypto29 Elo 2022

Luxury Staples Embrace NFTs

Despite the continued crypto winter, NFTs are still bringing some heat for high end products. Non fungible tokens have become increasingly popular with many luxury brands, and remain a powerful draw for some consumers. High-end retailers Gucci and Tiffany are the latest to jump into the fray with new NFT offerings.

Kering SA’s Gucci says it will accept ApeCoin as legal tender in select US stores. LVMH’s Tiffany & Co also announced it’s launching what it calls N-F-Tiffs: collectible vouchers that can be redeemed by owners of CryptoPunk NFTs for a custom jewelry piece.

The demand for NFTs has slumped in recent months, so why are these brands so bullish on crypto?

Bloomberg journalists Emily Nicolle and Taz Akhtar join Crypto Senior editor Anna Irrera on this episode to discuss why luxury brands have embraced NFTs.

See omnystudio.com/listener for privacy information.

Jaksot(223)

The Latest on Bitcoin, FTX and Coinbase

The Latest on Bitcoin, FTX and Coinbase

Coinbase released quarterly earnings this week, providing an etch-a-sketch road map of what’s ahead for digital asset investors. Regardless, the darkening outlook for Coinbase’s business of stablecoin...

24 Helmi 202315min

2022 Was a Good Year for Crypto Hackers

2022 Was a Good Year for Crypto Hackers

Want to hear a big number? How about $3.8 billion. That’s the amount of crypto that hackers managed to steal last year. That’s a new record. The company behind that report, Chainalysis, also found tha...

23 Helmi 202314min

How Are Bankruptcy Courts Shaping Crypto Law?

How Are Bankruptcy Courts Shaping Crypto Law?

Over the course of the crypto winter we’ve seen companies falling like dominos. Several have filed for bankruptcy, with consequences that continue to reverberate across markets. In July 2022, Celsius ...

22 Helmi 202316min

What Makes ‘Bitcoin Jesus’ Roger Ver Tick?

What Makes ‘Bitcoin Jesus’ Roger Ver Tick?

Bitcoin “evangelist” Roger Ver has said in at least one interview ... when he was a little boy, he wanted to be a garbage truck driver. That way, he  could drive heavy machinery around his neighborhoo...

21 Helmi 202314min

President's Day Redux - Joe Weisenthal on Sam Bankman-Fried

President's Day Redux - Joe Weisenthal on Sam Bankman-Fried

It's a holiday in the US, an opportunity to look back on one of our popular episodes. It was recorded with Joe Weisenthal from the Bloomberg Odd Lots podcast shortly after FTX declared bankruptcy and ...

20 Helmi 202317min

This Week In Crypto: Pushback from US Regulators

This Week In Crypto: Pushback from US Regulators

After years of inaction, regulators appear to be coming for crypto. State regulators in New York this week took aim at stablecoin issuer Paxos and its relationship with crypto exchange Binance.  The S...

17 Helmi 202318min

Binance Enters The Regulatory Fray

Binance Enters The Regulatory Fray

Over the past several months, regulators have watched crypto company after crypto company file for bankruptcy. Some crypto founders have become fugitives from the law, and others have been arrested fo...

16 Helmi 202317min

The Short List of FTX’s Power Players

The Short List of FTX’s Power Players

The best known figure of the FTX bankruptcy is - of course - its notorious former CEO Sam Bankman-Fried. But there were dozens of other top executives at the firm. Some of them with titles ranging fro...

15 Helmi 202319min

Suosittua kategoriassa Politiikka ja uutiset

aikalisa
rss-ootsa-kuullut-tasta
ootsa-kuullut-tasta-2
tervo-halme
politiikan-puskaradio
rss-podme-livebox
et-sa-noin-voi-sanoo-esittaa
viisupodi
otetaan-yhdet
rss-asiastudio
rss-mina-ukkola
rikosmyytit
the-ulkopolitist
rss-vaalirankkurit-podcast
io-techin-tekniikkapodcast
linda-maria
rss-kiina-ilmiot
rss-kaikki-uusiksi
rss-hyvaa-huomenta-bryssel
rss-kuka-mina-olen