With the market cap of bitcoin breaking above $1T for the first time plus a look at the emerging asset class known as NFTs, CoinDesk’s Market Daily is back with the latest news roundup.

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This episode is sponsored by Nexo.io.

Today's stories:

First Mover: Bitcoin Meets ‘Torrent’ as Lowly Binance Coin Gets $40B Valuation

Cryptocurrency exchange Binance’s in-house BNB tokens have shot to a $40 billion valuation, ranking them third among digital assets behind bitcoin and Ethereum’s ether.

What Are NFTs and How Do They Work?

NFTs are unique assets that grant gamers and collectors full ownership over their digital items.

Uber Drivers Are Entitled to Worker Benefits, a British Court Rules (NYT)

Bitcoin ($BTC) and Cryptocurrencies: Prices Surge But Understanding Is Limited (Bloomberg)