BENGALURU, India: Imagine digitally inscribing three dimensional images of objects such as multi-coloured spheres onto a tiny fragment of bitcoin. Then imagine selling them for US$16.5 million.
Just when you thought crypto could not get any stranger, bitcoin accidentally births a new breed of non-fungible tokens (NFTs).
The new entrants have materialised in 2023 following bitcoin network upgrades that enabled each satoshi – the smallest denomination of bitcoin, or one hundred millionth – to store a few megabytes of data,…