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Israel's Tax Authority Probes NFT Creators Over Alleged Tax Evasion
6.3.2023
Israel Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021.
According to a recent report by Israeli news outlet Ynetnews, Avraham Cohen and Anthony Pollack, the owners and operators...
NFT Creators Investigated in Israel for Alleged Tax Evasion
6.3.2023
Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused of similar offenses. Thousands of ‘Western...
Friendsies NFT creators deny 'abandoning' project amid rug pull allegations
22.2.2023
The Friendsies NFT collection responded to accusations it was behind a $5 million rug pull after announcing a “pause” of the project
Blur NFT marketplace encourages NFT creators to block OpenSea
16.2.2023
Blur recently announced its intentions to block OpenSea in the Royalties Battle. The upstart NFT marketplace has started to enforce complete creator royalties. These royalties will only be awarded to creators who have blocked trading on OpenSea. After its successful launch in October 2022, Blur...
Hermès Wins Trademark Lawsuit Against MetaBirkins NFTs, Setting Powerful Precedent for NFT Creators
8.2.2023
The verdict, which the jury delivered on tk date, ends a year-long battle between the French luxury house and NFT artist Mason Rothschild over his Metabirkin NFT collection
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
Retract Royalties, Reduce Revenue: NFT Creators Are Suffering and So Are Marketplaces
4.11.2022
A growing list of marketplaces are seeing the impacts of platforms ceasing to require buyers to pay royalties on collections. Experts aren’t optimistic about what this means for the market
Over $1.8B in Royalties Have Been Paid Out To Ethereum-Based NFT Creators: Galaxy Digital
21.10.2022
Bored Ape Yacht Club creator Yuga Labs has earned the most in royalties to date, with over $147 million in payouts
World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support
21.9.2022
The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s...
UnicornDAO Raises $4.5M to Empower Women and LGBTQ NFT Creators
19.5.2022
The DAO is led by Nadya Tolokonnikova of the Russian art collective Pussy Riot and involves Beeple, Grimes and Gary Vaynerchuk
Crypto Exchange KuCoin Launches $100M Fund for NFT Creators
19.4.2022
The Creators Fund supplements KuCoin’s newly launched NFT marketplace, Windvane
MetaWeek in Dubai to Bring Together Artists, NFT Creators, Investors, and Blockchain Masterminds
18.2.2022
A week-long event, set for March 7-10, 2022, will cover how paradigm-shifting technologies revolutionize and scale in industries like finance, art, cybersecurity, media, and investment. Organized by NexChange Group, MetaWeek will run from 7th to 10th of March, 2022. The week’s central event...
Adobe Jumps Into Non-Fungible Token Ecosystem With ‘Prepare as NFT’ Photoshop Tool
27.10.2021
Adobe Inc., the American multinational computer software company that’s well known for its platforms like Photoshop and Illustrator, has jumped into the non-fungible token (NFT) universe. According to Adobe chief product officer Scott Belsky in a recent interview with The Verge, “NFTs...
Rarible and Adobe form partnership aimed at protecting NFT creators
26.10.2021
The Adobe feature can add an NFT creator’s wallet address and social media information to the metadata of tokens listed on Rarible, helping “to fight misinformation with attribution and verifiable truth of content.”
Ripple launches $250M fund for NFT creators
29.9.2021
“We believe NFTs embody the promise of tokenization and represent a tipping point for its embrace by the mainstream,” said Ripple
NFT Creators Face Down Scalability And Cost Constraints Amidst Demand
10.8.2021
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Although non-fungible tokens (NFTs) have been around since 2018, NFT market momentum began its surge in the second half of 2020. The ecosystem’s nascent...
Spring and Bondly NFT Partnership Unlocks Digital Potential for Creator Economy
12.5.2021
PRESS RELEASE. 12th May, 2021, San Francisco, California — Spring (formerly Teespring) and Bondly, premiere NFT solutions provider that empowers the next generation of NFT creators, announced today their new partnership to enable Spring’s platform for creators to sell both digital...