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Digital Chamber raises privacy concerns over IRS crypto tax draft
22.6.2024
The Chamber proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate, such as NFTs taxed as collectibles, to prevent errors and ensure accurate reporting
Bitwise’s Ethereum ad now mintable as NFT
21.6.2024
A new switch that Bitwise has adopted is integrating the old-fashioned way of advertising through print media and technology into the current society. They have come up with the first national Ether television advertisement for a spot Ether exchange-traded fund (ETF) which doubles up as a mintable...
BAYC’s fall from grace: Analyzing the decline of an NFT giant
21.6.2024
Industry giant BAYC is reportedly on the verge of collapse. This comes after BAYC declined from 150Ξ to 8Ξ. A total of two factors have been identified as core reasons behind this decline: minting at a bonding curve price and the departure of Gordon Goner, the original founder of the...
Bitwise’s latest Ethereum ad can be minted as an NFT
21.6.2024
Proceeds from the NFT mints are being paid to Protocol Guild, a collective funding mechanism created by Ethereum core contributors and the ad’s two actors
‘Rock star complex’ saw Tyler Did It round trip 1K ETH: NFT Collector
20.6.2024
Tyler Warner (Tyler Did It) convinced himself he was a rock star trader in the bull market but failed to hold on to his gains: NFT Collector
Konami partners with Avalanche for Resella NFT platform launch
20.6.2024
Konami Digital Entertainment has teamed up with Avalanche to debut Resella, an intuitive NFT platform simplifying NFT creation, issuance and trading
Bitcoin grabs top 3 all-time NFT sales record, Ronin unveils zkEVM for gaming: Nifty Newsletter
19.6.2024
Bitcoin NFTs surpass Ronin in all-time sales volume, achieving over $4.27 billion and climbing to third place behind Solana and Ethereum
NFT Market Slump: Cryptopunks and Bored Ape Values Plummet Over 90 Days
19.6.2024
Based on statistics from the past three months, the non-fungible token (NFT) collections Cryptopunks and Bored Ape Yacht Club (BAYC) have seen a notable decrease in value. On March 17, 2024, the floor value of Cryptopunks was approximately 49 ether, but 90 days later, it dropped to 25.45 ether....
Ethereum NFT market slides as Blur farming scheme raises concerns
19.6.2024
Ethereum-oriented NFT collectibles like Pudgy Penguins and Bored Ape Yacht Club, have been on a downward swing since Blur farmers have aired their opinions. In the case of the competition, the scenario seems to be no different. For instance, DeGods has declined by 32%, whereas Azuki has seen a fall...
Doodles to shift its Stoodio avatar customized platform to Base in July
18.6.2024
Doodles plans to transfer its Stoodio avatar customized platform to Base, an Ethereum layer 2 upgrading network, uprooting itself from the Flow blockchain. This movement is slated for some time in the middle of July. The intention behind this is to be able to utilize Base’s cost-effective...
Bitcoin NFTs surpass Ronin in all-time sales
18.6.2024
Bitcoin-based NFTs recorded a sales volume of $148 million in the last 30 days, according to CryptoSlam
Remilia hacker moves $4.3M to Tornado Cash
17.6.2024
Nonfungible tokens and Ether worth millions were stolen on March 16 from the Remilia DAO and transferred to an unknown wallet address
Tech Entrepreneur Suggests Mainstream Companies May Have Adopted NFT Loyalty Programs Prematurely
16.6.2024
According to Juan Otero, CEO of the crypto-native travel booking platform Travala, many mainstream companies that attempted to use non-fungible tokens (NFTs) for customer or user loyalty programs may have seized the opportunity prematurely. Otero argued that at the time, Web3 companies had...
NFT Market Sees Gains for Second Consecutive Week, Sales Up 10.95%
15.6.2024
Non-fungible token (NFT) sales increased by 10.95% this week compared to the previous week, marking the second consecutive week of gains. Despite a 76.7% drop in the number of buyers, blockchain-issued digital collectibles achieved $141.73 million in sales. NFT Market Trends: Bitcoin and Ethereum...
Uniswap Labs’ Crypto: The Game set for Emmy Award consideration
14.6.2024
Crypto meets reality TV in a hit online game just scooped by Uniswap
NEAR Protocol teams up with Inspect to boost the NFT ecosystem
14.6.2024
In an unexpected breakthrough for the blockchain sector, a renowned data provider has announced its intention to partner with NEAR Protocol to strengthen their NFT market. This partnership will include the integration of a new data layer that is expected to transform how people interact with Web3...
Enjin and George Murphy expand musical reach through NFTs and RWAs
14.6.2024
Enjin has announced a partnership with George Murphy and The Rising Suns. The objective is to expand the reach to a billion users of NFT via the Enjin ecosystem. This marks the first time for George Murphy as he ventures into the segment of non-fungible tokens. They will collectively work to offer...
How to transfer NFTs from OpenSea to MetaMask
14.6.2024
Connect MetaMask to OpenSea, select your NFT, hit “Transfer” to your MetaMask address, and confirm the fee to move your NFT
Retailers in South Korea withdrawing NFT related activities
13.6.2024
Big time players in South Korea’s retailing sector are pulling down the shutters regarding their non-fungible token (NFT) related activities. These include brands such as Hyundai and Lotte, which is withdrawing its e-commerce wing, Lotte Home Shopping, an NFT trade platform. It has been only...
McDonald’s metaverse in Singapore, South Korea classifies NFTs as virtual assets: Nifty Newsletter
12.6.2024
NFT sales surge volumes across various platforms and blockchains, with Bitcoin-based digital collectibles leading the charge