AP cancels sale of NFT depicting migrants on a boat amid criticism of profiting from suffering

The Associated Press (AP), which sells non-fungible tokens (NFTs) of its photojournalism, recently canceled the sale of a video clip depicting migrants crowded together on a raft. This move comes after the independent global news organization received criticism for profiting from human suffering. The AP has an NFT marketplace, powered by blockchain provider Xooa, that launched this year. An NFT is a digital asset stored on a blockchain, on an encrypted ledger, making it unique to its owner. The ...