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NFT Sales Nosedive This Week as Volume Drops Close to 30%


According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...

French Presidential Candidate Pushes For Tax Reform On Crypto, NFTs


  Crypto and blockchain are becoming an important element of the French political narrative, as indicated by recent statements by political newcomer Éric Zemmour, a popular pundit who is running in this year’s presidential election. The far-right candidate recently tweeted his proposals on crypto...

Gustav Klimt's 'The Kiss' Masterpiece is Selling as 10,000 NFTs


  The popular Belvedere Museum in Vienna, Austria, in collaboration with the artèQ auction house, has turned Austrian painter Gustav Klimt's famous masterpiece 'The Kiss' into 10,000 non-fungible tokens (NFTs). The collection dropped on Valentine’s Day and "each one is a unique part of...

Victoria’s Secret Files Metaverse Related Trademark Applications


Victoria’s Secret, the renowned designer lingerie company, has filed a series of trademark patents that suggest the organization is ready to offer its products in the metaverse. The announcement was made by Mike Kondoudis, a trademark attorney, who stated these actions might be the first...

What to Consider Before Investing Your Crypto in NFTs?


The world of cryptocurrency is expanding with new opportunities every day – and one of the latest trends is buying and selling NFTs (non-fungible tokens) – pieces of digital content linked to the blockchain. Unlike cryptocurrencies, NFTs are unique and mutually interchangeable, meaning that no...

Samsung Inc. Opens the Gate for NFTs on the Theta Network


Global electronics behemoth Samsung has entered into a valuable partnership with Theta Network as part of a proposal to release valuable NFTs. Theta Network, which is an upcoming entertainment and video blockchain, is excited to team up with the South Korean electronics giant as part of...

UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People


The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 allegedly fake companies. “Our first seizure of a non-fungible token serves as...

UK Tax Authority Confiscates 3 NFTs in Fraud Case as a First


  As part of its probe into a potential value-added tax (VAT) fraud, UK tax authority Her Majesty's Revenue and Customs (HRMC) has confiscated three non-fungible tokens (NFTs) in what represents the first seizure of such assets by a British government institution. On HMRC’s initiative, three...

Cent NFT Marketplace Suspends Activity Due to Plagiarism Issues


Cent, one of the first marketplaces to allow people to sell tweets as NFTs, has suspended almost all of its activity due to plagiarism-related problems. According to its CEO and co-founder Cameron Hejazi, people keep selling NFTs of other NFTs or using content that is not owned by them originally...

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