"We're shocked the SEC would make such a sweeping move against creators and artists," says CEO of OpenSea. Non-fungible token (NFT) marketplace OpenSea received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company...
Donald Trump has announced a new drop in his absurd NFT trading cards. Trump Needs Elon Musk. Here’s Why He’s Not Happy About It. Donald Trump has cozied up to Elon Musk recently, but it seems he’s not happy about it—and it has nothing to do with Musk’s money. Not even Donald Trump...
Cristiano Ronaldo, the football superstar, continues to make waves in the world of NFTs with the launch of his fourth collection in partnership with Binance. Despite the legal challenges he faces, Ronaldo persists in his commitment to digital innovation, offering his fans a unique opportunity to...
The FBI will notify victims of a $1.1 million fraud scheme through NFTs after the founder pleaded guilty to using the funds to fund his online gambling habit. The Federal Bureau of Investigation is set to use non-fungible tokens (NFTs) to return $1.14 million in funds to victims involved in a...
The court did not dismiss the allegation that Astrals sold tokens which were unregistered "securities." Shaquille O'Neal will have to defend himself against some of the allegations in a class action lawsuit against him concerning the promotions he did for the Astrals NFT project....
Donald Trump’s financial disclosures provide a rare glimpse into the billionaire's diverse income streams, including real estate, cryptocurrency, gold bars, and unique items like Bibles. Trump has accumulated significant earnings from real estate and various ventures, totalling $635 million...
Image: AI-generated via Midjourney The Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection surged to the forefront of the market with a total of US$919,152 in daily sales on Wednesday. BAYC ended DMarket’s near week-long streak of leading daily NFT sales, CryptoSlam data shows....
Memecoins are a great way to attract people to crypto, but the jury’s out on whether they’ll maintain their current momentum. Memecoins are a great way to attract people to crypto, but the jury’s out on whether they’ll maintain their current momentum. Memecoins have an important role in...
Immutable wrote that it would rather support marketplaces within the ecosystem than compete. Immutable wrote that it would rather support marketplaces within the ecosystem than compete. Gaming and non-fungible token (NFT) blockchain Immutable announced that it’s retiring its NFT marketplace...
Image: AI-generated via Midjourney Ethereum-based CryptoPunks reclaimed the daily non-fungible tokens (NFTs) sales chart on Tuesday with US$663,757 across 11 unique buyers engaging in transactions, according to CryptoSlam data. The collection’s average sale price stood at US$60,341, pushing...
The Law Commission’s final report urges the UK government to reclassify crypto assets, addressing current legal gaps. The Law Commission’s final report urges the UK government to reclassify crypto assets, addressing current legal gaps. On July 30, the Law Commission of England and Wales...
Last year, the SEC sued two NFT companies. A pair of NFT artists are now suing the commission before it can sue them too. Are songs securities? Paintings? What if they’ve been digitised, and put on a blockchain? Those are the questions an unlikely artistic duo has taken the US securities...
DraftKings, the daily fantasy sports and sports betting company, abruptly shut down a program called Reignmakers on Tuesday, posting a notice on its website and associated app and sending out an email blast to some subset of its user base. Reignmakers, which the company launched in 2021, offered...
The sports gambling company faces a class action lawsuit alleging its NFTs are securities. Sports gambling company Draftkings is shutting down itsnon-fungible token(NFT) business "effective immediately," the company said in an email to customers, ending a high-flying crossover between...