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...
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...
The successful candidate will be responsible for âengaging the internetâs top content and meme pages.â The successful candidate will be responsible for âengaging the internetâs top content and meme pages.â United States President Joe Bidenâs reelection campaign team is looking for...
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...
The company promoted the NFTs telling customers that buying the DGFamily NFTs would grant them access to various digital rewards, the complaint alleges. A customer sued Dolce & Gabbana USA for delaying the delivery of the products, causing him to lose value on the DGFamily NFTs....
Donald Trump has recently made headlines for his involvement with cryptocurrency. In early May, he hosted an NFTs event where he had dinner with supporters of one of hisNFTs projects. At the dinner, he voicedsupport for cryptocurrencyand that he wanted to create an environment where...
CryptoPunks dominated the non-fungible token (NFT) market with a US$1.39 million daily sales volume on May 12, according to CryptoSlam data. Most of those sales came from CryptoPunk 741, which sold for almost US$800,000 at the Larva Labs marketplace. The NFTâs last on-chain sale occurred...
At the Mar-a-Lago dinner, Donald Trump wooed a constituency Joe Biden has thoroughly snubbed. But the presidential candidate isn't exactly fluent in cryptocurrency policy. Former U.S. President Donald Trump courted crypto voters well beyond the attendees at his NFT gala. (Danny...