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SEC Charges Stoner Cats Over $8M Unregistered NFT Offering: Mila Kunis-Backed NFT Project to Pay $1M Penalty
13.9.2023
The Securities and Exchange Commission (SEC) charged Stoner Cats 2 LLC (SC2) with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs) that raised about $8 million from investors to finance an animated web series. SEC Slaps Stoner Cats 2 With...
SEC Charges Impact Theory in First NFT-Related Lawsuit Over Unregistered Token Sales
28.8.2023
The Securities and Exchange Commission (SEC) has charged Los Angeles-based media company Impact Theory with offering and selling unregistered securities in the form of crypto asset tokens. Notably, this marks the SEC’s first lawsuit targeting an NFT offering. SEC Sues Impact Theory Over $30M...
NFT marketplace Rarible sees uptick after commitment to royalties
24.8.2023
NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea
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...
Yuga Labs to wind back from OpenSea over its axing of royalty enforcements
19.8.2023
Yuga Labs said it will start winding back OpenSea support for “all upgradable contracts and any new collections” following the announcement from the NFT marketplace
More Money For Creators: NFT Minting Platform Zora Initiates New Revenue Split
3.8.2023
As the debate about creator royalty rages on, Zora has pledged to pay creators a portion of platform fees collected on every new free mint
Collectors Are Bored of Apes and Don’t Want to Pay Royalties
7.7.2023
This week, the floor price of the Bored Ape Yacht Club NFT collection dropped to its lowest price in nearly two years, leading to questions about the collection’s value. But floor price is just one metric used to value NFTs – experts explain that there are other important factors in assessing what...
Ethereum NFT royalties hit two-year low as Bored Ape floor price falls below 30 ETH
6.7.2023
NFT royalties act as an important gauge of incoming revenues to fund ongoing development of various projects in the ecosystem
NFT Creator Royalty Payments Hit Two-Year Low: Nansen
5.7.2023
The rise of royalty-optional platforms like Blur and OpenSea have contributed to declining royalty payments for artists across the space
China to gain most from restrictive US crypto regulations: Coinbase CEO
31.5.2023
The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore
What are NFT royalties, and how do they work?
28.5.2023
NFT royalties refer to the percentage of sales or transactions of a nonfungible token (NFT) that are paid to the original creator or owner of the NFT
5 ways to monetize your digital art with NFTs
19.2.2023
Monetizing digital art with NFTs provides proof of ownership, increased value and potential for royalties
Nifty News: Find love in Paris Hilton’s metaverse, BTC CryptoPunks soar and more
10.2.2023
The “Parisland” metaverse experience will launch in time for Valentine's Day to give budding lovebugs a space to meet, at least virtually
Yuga Labs co-founder to take leave of absence due to health reasons
29.1.2023
Aronow said he will still be contributing as a board member and strategic advisor. However, his priority will be to get the best medical treatment he can to make a full recovery
Magic Eden follows OpenSea with NFT royalty enforcement tool
2.12.2022
The open-source Open Creator Protocol of the NFT marketplace will enforce NFT creator royalties for new collections that opt-in to the tool
ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched
25.11.2022
The U.S. made the list of regions blocked from using an upcoming website for ApeCoin staking with the related DAO claiming regulations are to blame
Nifty News: Chinese firms to offer World Cup metaverse viewings, X2Y2 backtracks on royalties, and more
21.11.2022
In early November the Chinese government made an ambitious plan to boost the nation’s VR industry, now it seems local tech companies are using the World Cup to test-run their products
OpenSea to enforce creator royalties on all collections after community outcry
10.11.2022
The NFT marketplace has clarified its stance on creator royalties after receiving significant public backlash from an earlier post
Bored Apes founders propose new model for NFT creator royalties
9.11.2022
The BAYC founders want an NFT creator royalties model that ensures transferring NFTs between wallets remains free and encourages creators to remain within the NFT ecosystem
Nifty News: Royalty-enforcing NFTs a 'new asset class,' South Korea buys NFTs with CBDC, and more
8.11.2022
The CEO of NFT marketplace Magic Eden said NFT creators “need a sustained revenue model” and with “no way” of currently enforcing royalties a “new asset class” could emerge to enforce them