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Digital Chamber calls for Congress to address SEC actions against NFTs
10.9.2024
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
US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams
31.5.2024
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source...
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
Axie Infinity Origins Breaks Through Apple’s App Store Barrier, Now Accessible to Select iOS Users
17.5.2023
Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game’s app is now available for Apple iOS users. Sky Mavis, the creator behind Axie Infinity, has adopted a strategic approach by rolling out...
GryffinDAO Looks To Unite DeFi And NFT Platforms Like Decentraland (MANA)
7.9.2022
DeFi and NFTs are landscapes that have almost existed as separate entities. Both existing on predominant blockchain networks illustrate that they are more connected than we understand. And GryffinDAO (GDAO) is a new project on track to unite DeFi and NFTs under an ecosystem. NFTs blew up in 2021...
NFT Platforms Should Be Caught by EU Money-Laundering Overhaul, Lawmakers Say
4.7.2022
Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules
NFT platforms in China grow 5X in four months despite government warnings
17.6.2022
NFTs are still a gray area in China where unlike cryptocurrencies, there’s no official ban on its use, but the authorities have warned investors against the risks from time to time
Chinese internet giants remove NFT platforms fearing gov't crackdown
21.3.2022
WeChat removed several accounts for digital collectible platforms for violating the policy of illegal trade, while Ant Group and Tencent-owned NFT platforms updated their user agreements
Political Cartoonist Accuses NFT Platforms Opensea, Rarible of Being ‘Tools for Political Censorship’
29.11.2021
While non-fungibe token (NFT) collectibles have been very popular, NFTs have brought a slew of unique debates to the table and one of them has been censorship. The artist behind Stonetoss Comics, a series of political cartoons, has been censored by two very prominent NFT marketplaces —...
Kucoin Labs Launches $100 Million Metaverse Investment Fund
19.11.2021
Kucoin Labs, the investigative and investment arm of Kucoin, a cryptocurrency exchange, has launched a $100 million fund to incubate early metaverse related projects. These include blockchain gaming initiatives, NFT platforms, and decentralized platforms, among others. The support will also include...
Realm Closes $2.25M for Seed Investment to Build NFT Powered Microverses
25.5.2021
PRESS RELEASE. Realm, a new NFT microverse platform, has closed its first investment round at $2.25M led by Alphabit with strategic investments from NGC, Genesis Block Ventures, LD Capital, Moonrock, and SL2 amongst other funds. Realm aims to challenge the current NFT platforms by offering creators...
NFT platforms: Going beyond marketplaces to deliver unique content
17.4.2021
Why do artists need NTFs, and what can be done with such tokens, besides buying and selling? Here is the future of NFTs and blockchain
Nifty News: Sophia the Robot sells $1M worth, Cardano to clone NFT platforms, and more
26.3.2021
Sophia the Robot has generated more than $1 million in NFT sales, Bhad Bhabie is dropping NFTs to help the “troubled teen industry”, Cardano trying to convince top NFT platforms to port over
Check These 4 Make-Your-Own-NFT Platforms
3.2.2021
Who's The Controller Now? by Hidden Forces. Last sold for USD 3,059.05. In the last two years, the non-fungible token (NFT) space has grown significantly, creating an entirely new asset class called crypto collectibles. Today, the NFT market is attracting established and would-be artists who want...
Thirst Traps Explode on NFT Platforms, With Predictably Controversial Results
30.9.2020
Sexy collectibles are taking off across NFT platforms like Rarible. Could this be the crypto version of OnlyFans?