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India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions
1.2.2022
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these...
Kanye West says no to NFTs
1.2.2022
It’s a blow for the NFT space as Kanye West, or Ye, lashes out against the tokens in an Instagram post
Nifty News: The Lennon Collection, Gucci and Lamborghini NFTs, Atari's 50th anniversary
1.2.2022
Julian Lennon auctions off The Beatles memorabilia as NFTs, Italian brands Gucci and Lamborghini develop NFT collections with both digital and physical elements, and Atari develops giftable NFTs for its 50th anniversary
Worms Developer The Latest To Sell Out Over NFTs
31.1.2022
In 1994, Andy Davidson had an idea. That idea was to take the infinitely copied mid-70s Tektronix 4051 game, Artillery, but do it with cartoon worms. Then-developer Team17 snapped it up, called it Worms, and have since wrung out every last drop of miserable profit from the mediocre idea ever since....
Ubisoft Executive Thinks Players Reject NFTs Because They Don’t Understand Benefits
31.1.2022
Nicolas Pouard, an executive at Ubisoft, one of the leading videogame companies in the entertainment world, has issued his take on the backlash from gamers regarding the inclusion of NFTs in traditional franchises. The VP at Ubisoft’s Strategic Innovations Lab stated that this reaction could...
Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor
30.1.2022
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million...
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
29.1.2022
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin...
Nansen Report Highlights Growth of Defi and NFTs in 2021
29.1.2022
Nansen, a cryptocurrency and blockchain statistics and analytics platform, has issued a report on the growth of decentralized finance (defi) in 2021. The document highlights how defi managed to keep growing, opening the field to new participant chains. Non-fungible tokens (NFTs) also had a notable...
Mushroom-Inspired NFT’s? This Company Says Yes…and It’s for a Good Cause
28.1.2022
American mushroom supplements company VidaCap recently announced that they would release 150 rare and collectible NFT cards on OpenSea to support Alzheimer’s research and nootropic educational awareness. The cards, which vary in rarity and will be available for purchase on February 7th on...
Users Can Now Set NFTs as Their Profile Picture on Reddit
28.1.2022
Reddit is trying to test a tool that lets consumers use any NFT people own as their profile pic, not just its own ETH-based Non-Fungible Tokens, known as “CryptoSnoos,” which were published in limited numbers the year before. A related feature designed to allow users to set their NFTs...
Reddit Reportedly Testing NFT Profile Pic Functionality
28.1.2022
Reddit, one of the largest micro-posting sites on the internet, is reportedly venturing further into the world of non-fungible tokens (NFTs). The company is testing a new functionality that allows users to set NFTs as profile pics, something Twitter is already doing now. Reddit released its...
OpenSea reverses limits on minting after community backlash
28.1.2022
OpenSea's critics said the policy change stifled NFT creators by trashing the ability to create unlimited collections and NFTs on the platform
Vitalik Buterin Discusses 'Large & Underexplored Design Space' of Non-Transferable NFTs
28.1.2022
Ethereum (ETH) co-founder Vitalik Buterin has discussed the benefits of non-transferable non-fungible tokens (NFTs) — tokens that can’t be sold or separated from their owners — saying that there are certain use cases for such tokens.
In a blog post, Buterin illustrated the concept...
Riot Forced To Explain A Valorant Character Is Not Into NFTs
27.1.2022
Riot Games, the creators of League of Legends and online shooter Valorant, has issued something of an apology to fans of the latter after a tweet appeared to show one of the game’s characters enjoying the works of an NFT artist.Read more
Vitalik Buterin suggests making NFTs 'soulbound' like World of Warcraft items
27.1.2022
NFTs are known for their transferability and commercial viability, but there are also downsides to those features, according to Buterin
Axie Infinity devs release governance token for Ronin Blockchain to mixed player response
27.1.2022
"SLP still on the ground LOL, if this coin stays like that I'm gonna quit Axie man," said one disgruntled player
3 interesting NFTs launching this week: Cool Pets, Ethaliens and KaraFuru
27.1.2022
So many drops, and too many missed mints? Cointelegraph has you covered when it comes to keeping a pulse on upcoming NFT projects
78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets
27.1.2022
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted...
Changes in Crypto Lending, Investors Bet on Crypto Tax Services, NASA vs. NFTs + More News
27.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Changes in Crypto Lending, Investors Bet on Crypto Tax Services, NASA vs. NFTs + More News
NASA blasts NFTs: Says they won't take off with its imagery
27.1.2022
Concerning NFTs, NASA stated that it “does not wish for its images to be used for these purposes