The Flyfish Club in Manhattan opened earlier this month. | Photo courtesy of Flyfish Club. The long-awaited members-only concept Flyfish Club opened in New York City earlier this month offering a restaurant, lounge and exclusive omakase counter. What it doesn’t offer: NFT memberships. Just a...
The law firm targeting OpenSea has brought a series of cases against crypto companies, such as FTX and Binance. The Moskowitz Law Firm filed another class-action lawsuit against a crypto firm Thursday, this time alleging that OpenSea’s customers were sold NFTs as unregistered securities. The...
Ex-TradFi guy VonMises has built up one of the best NFT collections on the planet by selling when he can, not when he has to. When it comes to prolific NFT collectors, VonMises is in the upper echelon. His catchphrase “unquestionable provenance and provable scarcity” is the backbone of his...
SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment. SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the...
A digital assets advocacy group backed by Coinbase is launching a multimillion-dollar legal defense fund for non-fungible token (NFT) projects. In a new thread on the social media platform X, Stand With Cryptosaysit’s starting an NFT defense fund with investment firm Andreessen Horowitz (a16z)...
A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea. A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea. In this week’s...
The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new regulatory approach to NFTs. The CEO of OpenSea reported receiving a Wells notice from the SEC in August, suggesting that the commission could be taking a new...
NFT: non-fungible token, digital art protected by the blockchain. gettyNon-fungible tokens have transformed the art world, offering artists innovative ways to create, sell and profit from their digital creations. This blockchain-based technology has sparked significant interest among artists,...
OpenSea CEO Devin Finzer said that the NFT marketplace received a Wells notice from the SEC, suggesting potential enforcement action from the agency. In this week’s newsletter, find out how former United States president Donald Trump’s fourthnon-fungible token (NFT)collection...
A recent report by nftevening.com reveals a troubling state of the non-fungible token (NFT) market, with 96% of NFTs now considered “dead.” The analysis highlights the high unprofitability rate among holders and the fleeting lifespan of most NFTs. NFT Sector Faces Uncertain Path as 2024...
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. COINTELEGRAPH IN YOUR SOCIAL FEED Layer-1 blockchain Cardano has upgraded via its long-awaited Chang hard fork,...
"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...