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Welcome to Nonfungible Tidbits, a weekly roundup of news in crypto, NFTs and their related realms.
Our lead story this week shows that NFTs don't always sell for outlandish prices. We'll go over the attempted auction of an NFT of a tweet from former Twitter CEO Jack Dorsey that sold for $2.9 million about a year ago -- and clocked in at a high bid of $280 this week.
We'll also cover Amazon CEO Andy Jassy's comments on the e-commerce giant's future plans for cryptocurrency and NFTs, Wikipedia voting to end all crypto donations, and the Dallas Cowboys' new blockchain sponsorship deal.
Stay tuned for more next week.
Jack Dorsey's '$2.9M' NFT tweet receives top bid of $280 at auction
Jack Dorsey
Getty Images
Former Twitter CEO Jack Dorsey turned his first tweet into an NFT last year and sold it at auction for $2.9 million, which Dorsey then converted into bitcoin and donated to charity. Entrepreneur Sina Estav, the owner of the NFT, put it up for auction last week, and tweeted that he expected a $50M winning bid (he also pledged to donate half to charity). But the NFT tanked, earning a top bid of only $280 on the OpenSea NFT marketplace.
Estav declined the bid. Sellers on OpenSea don't have to agree to the winning bid in a timed auction if the bid is under one ether. Estav is accepting new bids on the NFT, and the current offer as of this writing is a little less than $14,000.
The specs of NFTs linked to tweets are tricky. "NFTs are to digital assets what deeds are to a house: It's not the asset itself, it's a receipt that proves ownership," writes CNET Senior Writer Daniel Van Boom "That may make sense for an NFT created by an artist and sold to a punter, but it makes far less sense for a tweet. If Dorsey deletes the tweet, or if Twitter pulls it, the NFT would be for an asset that no longer exists."
Read CNET's full story on the auction for Jack Dorsey's NFT tweet here.
Amazon won't accept crypto payments soon but might sell NFTs, CEO says
Getty Images
During a Thursday interview with CNBC, Amazon CEO Andy Jassy said the company isn't planning to accept cryptocurrency as payment anytime soon However, Jassy, who mentioned he doesn't own bitcoin himself, said selling NFTs on Amazon could be a possibility. While a timeline for buying or selling NFTs wasn't given, Jassey said, "I think it's possible down the road on the platform."
Read CNET's full story on Andy Jassy's comments concerning Amazon and cryptocurrency here.
Wikipedia community votes to end all cryptocurrency donations
Avishek Das/Getty Images
On Tuesday, The Wikimedia community, a group that moderates Wikipedia, voted to end all cryptocurrency donations to the platform, citing ethical concerns of accepting the donations and the environmental damage caused by cryptocurrency mining. The proposal to end the donations noted the Wikimedia Foundation's commitment to sustainability.
For reference, Digiconomist's Bitcoin Energy Consumption Index estimates that the carbon footprint of the bitcoin network is comparable to that of the entire Czech Republic. Ethereum's carbon footprint is estimated to be comparable to that of the country of Morocco, according to Digiconomist's index. Bitcoin and ethereum are the two largest cryptocurrencies by market cap, and NFTs are commonly created on the ethereum network.
Read CNET's full story on Wikipedia ending cryptocurrency donations here.
Dallas Cowboys partner with Blockchain.com for sponsorship deal
Sarah Stier/Getty Images
On Wednesday the Dallas Cowboys announced a sponsorship deal with Blockchain.com, making the cryptocurrency firm an "exclusive digital asset partner" to the NFL team. The NFL guidelines on crypto sponsorships are somewhat confusing. Last month the NFL told CNBC that "blockchain sponsorships" would be allowed, subject to NFL approval. Cryptocurrency promotions, however, remain banned. How much Blockchain.com is paying for the sponsorship wasn't disclosed.
Cryptocurrency sponsorships in pro sports have seen a steep uptick over the last year. In June 2021, cryptocurrency exchange FTX paid an undisclosed amount to become "the official crypto exchange brand of MLB." In November 2021, Crypto.com bought the naming rights for the stadium of the Lakers, which was renamed from the Staples Center to the Crypto.com Arena. Influential pro athletes like Tampa Bay Buccaneers quarterback Tom Brady and LA Angels pitcher Shohei Ohtani have also signed on as FTX brand ambassadors.
Thanks for reading. We'll be back with plenty more next week. In the meantime, check out this story from Scott Stein about how Meta is building an economy to monetize its metaverse.
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Post by Alejandra on Oct 4, 2022 6:40:42 GMT
She is making a fortune as Australia's most in-demand escort.
But unfortunately for Hayley Vernon, her earnings as a high-class sex worker mean she has to pay a staggering amount to the Australian Tax Office.
The Married At First Sight star, 35, revealed on Monday she'd paid out $45,000 to the taxman, but said it doesn't bother her because she loves the freedom of her career.
Former Married At First Sight star Hayley Vernon (pictured) revealed on Monday she'd recently paid a staggering $45,000 to the Australian Tax Office on her earnings as a high-class escort
She posted a screenshot on Instagram of her bank statement, and wrote in the caption: 'When half your tax is due, this s**t used to scare me.'
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'Now I understand the less you hold onto money like it's never going to come back the more it returns to you,' she added. 'How good's adulting?'
She described her profession as 'complete freedom'.
She posted a screenshot on Instagram of her bank statement, and wrote in the caption: 'When half your tax is due, this s**t used to scare me. Now I understand the less you hold onto money like it's never going to come back the more it returns to you'
It comes after Hayley spoke about her new career as an escort, which followed her highly successful foray into OnlyFans in 2020.
The former labourer, who has made a staggering $1.3million selling content on the adult website, said she was proud of her work in the industry.
'Am I ashamed? F**k no. I'm absolutely killing it and would like to thank you [the media] for the free publicity,' she told Daily Mail Australia.
It comes after Hayley spoke about her new career as a $950-an-hour escort, which followed her highly successful foray into OnlyFans in 2020
Hayley charges customers $950 an hour for a 'porn star experience'.
According to her profile on the private escort directory Scarlet Blue, Hayley lists her body type as 'athletic' and is available for in- and out-calls.
In a previous interview about her adult career, Hayley admitted she had to turn to hardcore pornography in order to keep the money coming in on OnlyFans.
Hayley starred on season seven of MAFS and was paired with truck driver David Cannon (left)
The busty brunette is making a fortune as Australia's most in-demand escort
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Post by Walter on Oct 5, 2022 10:50:03 GMT
Dec 20 (Reuters) - Chipmaking equipment supplier BE Semiconductor (BESI) on Monday lowered its fourth-quarter revenue outlook due to flooding affecting its main production facility in Malaysia.
The maker of semiconductor assembly and packaging equipment said that torrential rains affected its main production facility in Shah Alam in Malaysia and halted the assembly of products with a value of around 25 million euros ($28 million).
"First estimates of one-time costs associated with materials and labor necessary to repair or reproduce any systems affected are in the range of 4-6 million euros and will be taken as a charge to fourth quarter earnings," the group said in a statement.
BESI said it did not expect estimated costs to repair the affected building and production related equipment to exceed 2 million euros.
Malaysian emergency services, reinforced by civilian volunteers, on Sunday rescued 21,000 people displaced by flooding from torrential rain in seven states.
The company now forecasts around a 15-20% fall in fourth-quarter revenue versus the third quarter compared with prior guidance of a decrease of 5-15%.
But BESI said it expected its fourth-quarter orders to reach around 180-190 million euros, up from 157.3 million euros recorded in the fourth quarter of last year.
BESI shares were down 4.6% to 70.32 euros at 1358 GMT.
The company was not immediately available to comment which of its customers could be affected by the floods.
According to company's latest annual report, its customers include ASE, Amkor, Forehope, Foxconn, Greatek, Huatian, Infineon, JCET/STATS ChipPAC, LG Innotek, Micron, NXP, STMicroelectronics , TDK Electronics and TFME.
($1 = 0.8887 euros) (Reporting by Anait Miridzhanian Editing by Jane Merriman and Mark Potter)
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Post by Guy on Oct 15, 2022 21:34:46 GMT
Forget weekday ceremonies and rented bridal gowns - the latest wedding trend is dog chaperones.
Made In Chelsea star Tiffany Watson brought along her golden retriever Kiki as ring bearer when she tied the knot with footballer Cameron McGeehan.
But despite the best efforts of an escort from Pups and Hounds Weddings, whose big day packages cost up to £380, the day didn't quite go smoothly as Kiki refused to hand over the crucial items to the best man.
'Maybe she was jealous that all the attention was on me!' suggests Tiff.
Made In Chelsea star Tiffany Watson brought along her golden retriever Kiki as ring bearer when she tied the knot with footballer Cameron McGeehan
But despite the best efforts of an escort from Pups and Hounds Weddings, whose big day packages cost up to £380, the day didn't quite go smoothly as Kiki refused to hand over the crucial items to the best man. (Above, the couple on June 11)
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Poppy slopes off
Poppy Delevingne and husband James Cook seem to have a relationship of ups and downs.
At Glastonbury I saw the pair, after rumours of a break-up, enjoying each other's company on Crow's Nest Hill.
Poppy - who dazzled in denim shorts - ran up to the summit with former model James, laughing all the way.
When they reached the top, he got on his back and rolled back down to the bottom.
What larks!
Poppy Delevingne and husband James Cook seem to have a relationship of ups and downs.
At Glastonbury I saw the pair, after rumours of a break-up, enjoying each other's company on Crow's Nest Hill
Above, Poppy and James in central London in November 2019
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