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Merriam-Webster Is Auctioning Off the Definition of "NFT" as an NFT

Merriam-Webster added the term "non-fungible token" (NFT) to its famed dictionary this morning. To commemorate the addition, the publisher is selling the definition of NFT as, well, an NFT.The dictionary entry is up for auction on OpenSea, a popular NFT marketplace. Currently, the highest bid is 5 Ethereum, currently worth approximately $21,400 USD. "By auctioning the NFT of our definition of 'NFT,' we're offering people a fun way to own a little bit of Merriam-Webster's thought and meaning," ...

info@hypebae.com (HYPEBAE) Wed, 12 May 2021 HYPEBAE
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Sabine Marcelis Designs Donut-Shaped Seats for Swedish Brand Hem

Swedish design brand Hem and celebrated Dutch designer Sabine Marcelis have unveiled their first collaboration, the Boa Pouf, a whimsical furniture piece boasting a familiar rounded, donut shape that Marcelis frequently employs in her work.Reminiscent of Marcelis' candy-colored donut rings made from leftover resin, a lovely design that the Rotterdam-based designer had sold for charity during holidays past, the Boa Pouf is a bold, plush seat that brings a touch of playfulness to any living space....

info@hypebae.com (HYPEBAE) Wed, 12 May 2021 HYPEBAE
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Shiba Inu Token Is the New Cryptocurrency That Plans To Be "The Dogecoin Killer"

With Dogecoin as one of the leading meme cryptocurrencies thanks to its support from figures like Elon Musk, Shiba Inu Token is the new dog-themed coin on the rise. The crypto, traded as SHIB, claims that it'll become "the Dogecoin killer."The Shiba Inu coin is relatively new, having launched less than a year ago in China. As of now, a single token is worth less than $0.00002 USD, although it has received much attention since landing on cryptocurrency trading platforms like Binance and OKEx. So ...

info@hypebae.com (HYPEBAE) Wed, 12 May 2021 HYPEBAE
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Elon Musk Says Tesla Will No Longer Accept Bitcoin for Car Purchases

In late March, Elon Musk furthered his support for cryptocurrencies by announcing that Tesla would begin accepting Bitcoin for car purchases. Less than two months later, the CEO has taken to Twitter to share that his company "has suspended vehicle purchases using Bitcoin."The new announcement stems from the environmental impact of Bitcoin mining from the amount of fossil fuels it requires. "We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especia...

info@hypebae.com (HYPEBAE) Wed, 12 May 2021 HYPEBAE