According to Yuri Group, the Yamakoshi villageâs experimental NFT strategy could attract attention from other nations facing declining birth rates. Yamakoshi, a secluded Japanese village nestled in the Niigata mountains, has attracted 1,700 âdigital citizensâ through the sale of...
Billionaire investor and Shark Tank star Mark Cuban has sold over 14 NFTs for over $38500 amid a hacker taking over his Gmail account. The 65-year-old investor wasseen sellinghis Pudgy Penguins NFT #6239 for over $30,000 at the time of the sale, according to one of his OpenSea wallets with the...
The NFT market continues to experience a decline, with sales dropping 12% last week. Recall sales plunged 16% during the previous week. According toCryptoSlam, total sales for the last seven days stood at just below $100 million and involved over $785,000 buyers and sellers in 1.4 million...
Konami Digital Entertainment, the famed Japanese game developer and publisher, is the latest mainstream gaming company to embrace non-fungible tokens. On June 20, Konami announced it will launch a centralized NFT marketplace on Avalanche, the 11th-largest smart contract network by total value...
Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam. Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam. The Bitcoin network has moved up a spot in the all-time non-fungible token (NFT)...
This week marked a significant downturn for the non-fungible token (NFT) market, which saw sales drop by almost 16% off the back of a 17% surge in the previous week. Per CryptoSlam, total sales hit $121.7 million, with more than 519,000 buyers and sellers actively trading. Blockchain NFT...
Most popular collectionsâ prices are down at least 40% in 2024 âCrypto markets are all about capital rotation,â analyst says Many investors are betting thatBitcoinandEtherwill set fresh highs this year, but thereâs one corner of the cryptocurrency market that is getting the cold...
NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSCâs guidelines published in 2023. South Koreaâs financial watchdog, the Financial Services Commission (FSC), issued guidelines clarifying when nonfungible tokens (NFTs)...
The U.S. has charged three individuals in connection with the Evolved Apes NFT scam from 2021. The NFT project promised a video game, but its website vanished shortly after it finished its fundraise. The United States Attorney's Office for the Southern District of New Yorkannounced...
Dapper Labs has entered a $4 million agreement to settle an investor lawsuit that claimed it sold NBA Top Shot Moments NFTs as unregistered securities. Dapper Labsâ $4 million settlement agreement to end a class-action lawsuit against the firm reaffirms NBA Top Shot nonfungible tokens (NFTs)...
Over the past month, interest in Ethereum NFTs has notably waned, with sales experiencing a sharp decline. Even though the price movement ofEthereum [ETH]was in a positive direction over the last few days, the ecosystem of Ethereum was facing some major problems. NFT volumes begin to...
"Illicit actors can use NFTs to launder proceeds from predicate crimes, often in combination with other methods to obfuscate the illicit source of proceeds of crime," the Treasury found. (Nikhilesh De/CoinDesk) The risk assessment is the Treasury's first into NFTs as a means of...
After closing its Long Beach restaurant in April, Yuga Labs' much-hyped NFT is on its last legs in the cultural zeitgeist. Last month in April, news went out that Yuga Labs, creators of the at-once mega-popular Bored Ape Yacht Club NFT, was undergoing restructuring. What followed wasa round of...