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NFT Market Shows Signs of Recovery Despite Low Trading Volume


  The market for non-fungible tokens (NFTs) shows signs of recovery - with the number of users, transactions, and amount of wallets buying NFTs seeing an uptick despite the continued low trading volume. More than 250,000 users interacted with NFTs over the week ended on May 23, up by around...

Ukrainian Eurovision Winner Sells NFTs in Support of Ukraine’s Defense


  Kalush Orchestra, the Ukrainian winner of this year’s Eurovision Song Contest, will sell non-fungible tokens (NFTs) featuring a microphone and the name ‘Kalush Orchestra’ in support of Ukraine’s national defense against the Russian invasion.... Read More: Ukrainian Eurovision Winner Sells NFTs...

Thailand Exempts Crypto Transfers From VAT Until End of 2023


Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce...

Seth Green Teases His NFT Show Despite His Stolen Bored Ape


  Seth Green, the American actor, producer, writer, and director who was robbed of a Bored Ape non-fungible token (NFT) that was meant to star in an upcoming TV show, could proceed with the planned show despite the controversy around the intellectual property (IP) license of the stolen...

South Korean Regulators to Inspect Companies Linked to Terraform


  South Korea’s financial regulators are planning to launch onsite inspections into domestic companies that have a business relationship with Terraform Labs – and particularly those that have made use of terra (LUNA) ecosystem coins. In an exclusive article, the South Korean media outlet Money...

Biggest Movers: SOL, NEAR Fall Over 10% During Tuesday’s Session


Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday. SOL was one of the tokens to fall, as it lost just over 10% of its value. NEAR also slipped by over 10% during the session. Solana (SOL) SOL was one of the most notable tokens...

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