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Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
5.6.2024
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May
Bitcoin NFTs hit $4B in all-time sales volume
4.6.2024
Bitcoin holds the top 4 spot in all-time NFT sales volume, following Ethereum, Solana and Ronin
Dapper Labs’ $4M settlement reaffirms NBA NFTs aren’t securities: CEO
4.6.2024
Dapper Labs has entered a $4 million agreement to settle an investor lawsuit that claimed it sold NBA Top Shot Moments NFTs as unregistered securities
Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit
4.6.2024
Dapper Labs has reached a tentative settlement agreement with a group of investors who sued the non-fungible token (NFT) company and its co-founder and CEO Roham Gharegozlou for allegedly violating federal securities laws
Dapper Labs Secures Favorable Settlement in Class Action Lawsuit Involving NBA Top Shot NFTs
4.6.2024
Dapper Labs, a blockchain technology and digital collectibles company, has reached a favorable settlement in the legal case Friel vs. Dapper Labs, establishing that NBA Top Shot Moments are not securities. The company emphasizes that this significant ruling clarifies the legal status of digital...
Bitcoin Blockchain Records $3.82 Billion in NFT Sales, Secures Fourth-Largest Spot
3.6.2024
Since the launch of Ordinal inscriptions, Bitcoin-based non-fungible tokens (NFTs) have proliferated, with the blockchain documenting $3.82 billion in NFT sales across more than 3 million transactions. Bitcoin has now ascended to the fourth-largest blockchain by total NFT sales. From Counterparty...
NFT sales volume tumbles 54% in May: CryptoSlam
31.5.2024
NFT sales dropped from $1 billion in April to $624 million in May, with Bitcoin, Ethereum, and Solana-based digital collectibles significantly declining
US Treasury: NFTs and NFT Platforms Highly Susceptible to Fraud and Scams
31.5.2024
A risk assessment conducted by the U.S. Treasury Department found that non-fungible tokens (NFTs) and related platforms are highly susceptible to use in fraud and scams. The risk assessment also warns that criminals can exploit NFTs to launder illicit proceeds or “obfuscate the source...
NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report
30.5.2024
The US Treasury findings highlighted several potential risks and security concerns and challenges involved in NFTs.
The post NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report appeared first on Cryptonews
US Treasury report outlines potential financial risks of NFTs
29.5.2024
The government department outlined potential concerns with the NFT market, including terrorist financing, theft, and funding nuclear proliferation
U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'
29.5.2024
"The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said
Cristiano Ronaldo unveils NFT series with Binance capturing career highlights
29.5.2024
Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career
Torque Drift 2 devs quit after Web3 pivot; game NFTs are not securities: Web3 Gamer
28.5.2024
Ten devs quit Torque Drift 2 after studio added blockchain, Saga CEO says in-game assets aren’t securities, MetaFighter review: Web3 Gamer
The Sandbox launches Sandbox DAO with 25M Sand Treasury
28.5.2024
The new DAO will allow SAND and LAND owners to vote on platform projects, aiming to enhance transparency and community involvement
Donald Trump’s Crypto Holdings Top $10 Million, Arkham Says
28.5.2024
Former U.S. President and presidential candidate Donald Trump’s cryptocurrency holdings reached $10 million on Monday morning, according to crypto analytics firm Arkham’s onchain tool. The bulk of Trump’s holdings, $7.3 million, is in the TRUMP coin. Trump has pledged...
Donald Trump Pledges to Stop Biden’s Anti-Crypto Agenda, Protect Bitcoin, Free Ross Ulbricht
26.5.2024
Presidential candidate and 45th U.S. President Donald Trump has declared support for the crypto sector. “I will also stop Joe Biden’s crusade to crush crypto,” he promised. “I will support the right to self-custody.” He will also “commute the sentence of Ross Ulbricht...
Study: 60% of US Crypto Investors Don’t Understand Blockchain
25.5.2024
According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z, despite 41% expressing interest in learning about cryptocurrency, had the smallest percentage of individuals willing...
Study: 60% of US Crypto Investors Don’t Understand Blockchain
25.5.2024
According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z, despite 41% expressing interest in learning about cryptocurrency, had the smallest percentage of individuals willing...
The Untold Story Behind Beeple's Historic NFT Sale: 'Token Supremacy' Excerpt
24.5.2024
Controversial Artist Damien Hirst Accused Of Backdating 1,000 Paintings In NFT Project
24.5.2024
English artist Damian Hirst is under increased scrutiny this week following claims he backdated more than 1,000 pieces of art from his NFT project “The Currency,” The Guardian reported Wednesday. The allegations come just two months after Hirst was accused of misrepresenting the dates of several...