Most popular collections’ prices are down at least 40% in 2024 ‘Crypto markets are all about capital rotation,’ analyst says Many investors are betting thatBitcoinandEtherwill set fresh highs this year, but there’s one corner of the cryptocurrency market that is getting the cold...

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NFTs considered as virtual assets are eligible to receive interest when deposited to exchanges according to the FSC’s guidelines published in 2023. South Korea’s financial watchdog, the Financial Services Commission (FSC), issued guidelines clarifying when nonfungible tokens (NFTs)...

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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...

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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 Labs’ $4 million settlement agreement to end a class-action lawsuit against the firm reaffirms NBA Top Shot nonfungible tokens (NFTs)...

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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...

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"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...

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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...

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The collection will launch on 29 May with fixed pricing across most items. Portuguese football superstar Cristiano Ronaldo has announced the launch of his fourth non-fungible token (NFT) collection in partnership with Binance. The new collection, set to launch on 29 May to the Binance NFT...

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The successful candidate will be responsible for “engaging the internet’s top content and meme pages.” The successful candidate will be responsible for “engaging the internet’s top content and meme pages.” United States President Joe Biden’s reelection campaign team is looking for...

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Yuga Labs revealed Nina Chanel Abney's Super Punks World NFT collection Monday, but will "no longer touch" CryptoPunks following backlash. CryptoPunks is arguably the most iconic and influential profile picture (PFP) collection in theNFTworld, and aftergetting the project into museums, Yuga Labs...

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