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Nalezeno "Non-fun": 1421

DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns


  People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned.... Read More: DAOs, Token...

Bitwise, Nexo Add to Financial Products for Rich NFT Investors


  The past day has seen the announcement of two new non-fungible token (NFT)-related financial products, with asset manager Bitwise launching the first-ever index fund to track NFTs, while crypto lender Nexo (NEXO) launched the first lending desk exclusively for NFT investors.... Read More:...

NFTs Cause Carnage in the Latest South Park Special


  Non-fungible tokens (NFTs) have proven to be a disruptive force in the world of art, but in the latest special episode of the US animated series South Park, investing in such assets brings actual death and destruction. One of the scenes in the comedy special, entitled Post Covid: The Return...

Even This Hydraulics Firm Takes Crypto, DeFi, NFT & Metaverse Plunge


  The Korean Stock Exchange-listed South Korean hydraulics firm Sewon E&C is in the final stages of sealing a deal with a major decentralized finance (DeFi) player over proposed crypto, non-fungible token (NFT), and metaverse collaboration.... Read More: Even This Hydraulics Firm Takes Crypto...

Hacked Vulcan Forged Says It Has Refunded 'the Majority' of Affected Users


  The hacked play-to-earn non-fungible token (NFT) platform Vulcan Forged, which offers over six blockchain games, a decentralized exchange (DEX), and an NFT marketplace, said it has refunded the majority of affected users from its treasury. The platform fell victim to a hack on Monday and lost...

Here's the 'Metaverse-Ready Sneakers and Collectibles' Creator Nike Acquired


  Virtual sneakers and collectibles creator RTFKT is the latest entity to be acquired by a massive company on its way into the metaverse.   Sportswear giant Nike announced Monday that it has acquired this virtual shoe company that leverages the blockchain technology with plans to create NFTs...

Keanu Reeves Calls NFTs 'Easily Reproducible,' Says He Owns Crypto


  Canadian actor and the star of the 'Matrix Trilogy' Keanu Reeves expressed skepticism about non-fungible tokens (NFTs) and digital ownership during an interview with The Verge.   When asked about his view on NFTs and the concept of digital scarcity, Reeves said they can be easily replicated...

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