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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...
‘Scammers dream’ — Yuga’s auction model for Bitcoin NFTs sees criticism
6.3.2023
Yuga Labs' first Bitcoin NFT collection saw some backlash from the crypto community over the weekend, pointing to flaws in the way it's conducting the auction
NFT Sales Dip by 32% in the Last Week, Ordinals Squeeze Into Top 10 Collections via Emblem Vault
5.3.2023
After a significant spike in February, sales of non-fungible tokens (NFTs) in the last seven days are 32.32% lower than last week. Of the 19 different blockchains, Ethereum accounted for $148.56 million out of the total $186.20 million in NFT sales settled this week. NFT Sales Decline Following...
BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea
5.3.2023
Chatcasso won the first prize in the BNB Chain hackathon for creating an AI-powered tool for creating NFTs and won $5,000 in BUSD, held in Seoul between Dec. 17 to 19, 2022
Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025
4.3.2023
As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy...
Galaxy tips Bitcoin NFT market to hit $4.5B by 2025
4.3.2023
Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market-share away from Ethereum
Dan Harmon's Still-Unreleased NFT TV Show 'Krapopolis' Gets Third Season
3.3.2023
The Fox animated comedy series has yet to air a single episode and has made about $650,000 from NFT sales so far
Unity Gaming Engine Launches Blockchain and Web3 Integration Options
3.3.2023
Unity, a gaming engine development company, has announced the introduction of several blockchain-based integration options to its platform. The new options offer opportunities for developers, that will be able to take advantage of digital identity, tokens, non-fungible tokens (NFTs), and other...
Founder of Blur, the Pro NFT Marketplace Driving Billions in Trades, Reveals What's Next
3.3.2023
Blur co-founder Pacman, who recently revealed himself to be 24-year-old Tieshun Roquerre, spoke to CoinDesk about the creator royalty dilemma, platform fees and creating long-term value for users
7 crypto leaders discuss ways to combat the stigma surrounding NFTs
2.3.2023
To successfully “rebrand” NFTs in the mainstream public consciousness, companies need to double down on utility instead of hype
Bitcoin NFTs: How Ordinals Proved Bitcoin Can Evolve With Times
2.3.2023
While the true identity of Satoshi Nakamoto, the pseudonymously named creator of Bitcoin remains unknown, his primary purpose of creating the flagship cryptocurrency has never been a mystery. He created Bitcoin as a peer-to-peer version of electronic cash to take back financial control from...
New Crypto Startup Enables Users to Send NFTs Using Phone Numbers – Is This The Future of NFTs?
2.3.2023
The typically complicated process of onboarding new users to Web3 may have just become a bit easier: US-based startup ReDeem claims to have simplified this process by allowing users to interact with non-fungible tokens (NFTs) via their phone numbers....
Read More: New Crypto Startup Enables Users...
Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run
2.3.2023
On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped today and was limited to 10,000 mints. Combining...
Whale sells 1,010 NFTs in 48 hours: Nifty Newsletter, Feb. 22–28
1.3.2023
NFT whale Machi Big Brother sold off 1,010 NFTs in 48 hours in what some dubbed the “largest NFT dump ever.”
CoinDesk and Art Blocks Release Microcosms to Supercharge IRL Events With NFTs
1.3.2023
The three-year NFT ticket offers widening rewards for holders, refashioning the typical live event ticket model
Magic Eden Launches 'Mint Madness' With Free Web3 Gaming Mints
1.3.2023
The NFT marketplace is minting 13 Web3 games for free all month long
Redeem Raises $2.5M to Let Users Receive NFTs Via Phone Numbers
1.3.2023
Kenetic Capital led the round ahead of Redeem's second-quarter product launch
Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies
1.3.2023
The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an “atmosphere of certainty and stability”...
First Mover Asia: NFTs Have a ‘Digital First Sale’ Problem
1.3.2023
ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000