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Meta Winding Down Support for NFTs on Facebook, Instagram
15.3.2023
U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms Cutting Off Support for Non-Fungible Tokens...
Meta pulling the plug on NFTs across Instagram and Facebook
13.3.2023
The short-lived NFT features were first launched in May 2022, but Meta's financial technology lead said it's "winding down" the tools to focus elsewhere
Yuga Labs’ Twelvefold Collection of Ordinal Inscriptions Generates 735 Bitcoin, Worth More Than $16 Million
7.3.2023
Yuga Labs, the creators of the blue-chip non-fungible token (NFT) collection Bored Ape Yacht Club (BAYC), announced that the team has completed its Ordinal Inscription auction with a total of 3,246 bidders. The Twelvefold collection of inscriptions generated 735.7 bitcoin, worth more than...
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...
Bitcoin-Based NFTs Cross 200,000 Ordinal Inscriptions, Yuga Labs Launches Twelvefold Collection
28.2.2023
On Monday, Feb. 27, 2023, the number of Ordinal inscriptions on the Bitcoin blockchain crossed 200,000 at 1:02 p.m. Eastern Time. In addition to the 200,000 inscriptions, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs), revealed that the team had created...
NFT Marketplace Wars See Royalties Evaporate and Creators Aren't Happy - Can Coinbase Attract Them?
27.2.2023
A war for dominance between different NFT marketplaces has caused royalties paid to creators to evaporate. As a result, NFT creators are turning to platforms that continue to enforce the payout of royalties, with Coinbase NFT being one of them.
The war between NFT marketplaces has also been fueled...
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
Ordinal Inscription Collections on Bitcoin Blockchain Grow as Creators Monetize Art
20.2.2023
With more than 150,000 Ordinal inscriptions on the Bitcoin blockchain, there are now numerous collections as creators and artists have found a new way to monetize their artworks via blockchain technology. In the past month, people have launched collections such as Ordinal Punks, Ordinal Penguins...
What is the network effect?
20.2.2023
Crypto’s value increases with more users, creating a positive feedback loop due to the network effect
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
Jawad Ashraf, CEO of Virtua, on Different NFT Strategies Adopted by Brands and Creators | Ep. 201
3.2.2023
In an exclusive interview with cryptonews.com, Jawad Ashraf, CEO of Virtua, talks about the different NFT strategies adopted by brands and creators, and why he feels the metaverse is the next frontier for sports fan engagement....
Read More: Jawad Ashraf, CEO of Virtua, on Different NFT Strategies...
Bitcoin Ordinals creator looks for fix after first instance of shock porn
2.2.2023
A rather unsavory image made it to the front page of the Ordinals website for 30 minutes before it was hidden, however, the image itself is immutable
Meet Ordinals, the New Bitcoin NFT Engine, and the Drama Surrounding Them
31.1.2023
Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way...
The Last Of US TV Show Creators Explain Massive Change From The Game
30.1.2023
While The Last Of Us TV show has remained very faithful to the PlayStation, it’s occasionally deviated in significant ways. Episode three, which aired last night, showcased the biggest change from the source material yet, and co-creators Neil Druckman and Craig Mazin have tried their best...
Nike’s Web3 Platform .SWOOSH Will Reward Creators for Virtual Sneaker Designs
25.1.2023
The global sportswear brand is offering a $5,000 cash prize and a chance to collaborate with Nike designers on a one-of-one virtual sneaker
Music NFTs are helping independent creators monetize and build a fanbase
11.1.2023
The Agenda podcast chats with Adam Levy of Mint and rapper Jay Kila about nonfungible tokens, Web3 and the struggles of being an independent musician
Today in Crypto: Joint Operation Dismantles $16M-heavy Crypto Fraud, Kraken Pro and Kraken NFT Go Live, OpenSea Blocks 30 Cuban Creators
23.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Joint Operation Dismantles $16M-heavy Crypto Fraud, Kraken Pro and Kraken NFT Go Live, OpenSea Blocks...
SEC files unregistered securities charges against Thor Token creators for 2018 ICO
21.12.2022
Thor Technologies got a lump of coal in its Christmas stocking from the SEC in the form of charges relating to the ICO for its Thor Token that failed a year later