2023 Underground Art Market Report
A New York Attorney brought charges against a trio involved in the Evolved Apes NFT scam dating back to 2021, alleging wire fraud and money laundering.
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In the vibrant legion of cryptocurrencies, where Bitcoin and Ethereum have been basking in the glory of their high-value spikes, their lesser-known cousin – Non-Fungible Tokens (NFTs) – is facing a marked ebb in its appeal. The digital universe of NFTs, encompasses an intriguing array …
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Finances FYI Presented by JPMorgan Chase From art and music to virtual real estate and collectibles, nonfungible tokens (NFTs) are transforming the way we perceive ownership and value in the digital realm. They have emerged as a groundbreaking avenue, offering investors unprecedented opportunities to participate …
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Dapper Labs (Dapper) has agreed to settle a putative class action suit brought by private plaintiffs, subject to court approval, putting to rest allegations that its NBA-endorsed nonfungible tokens (NFTs) were offered and sold as unregistered investment contract securities. The terms of the settlement, including …
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New NFT launchpad Sorah from Animoca Brands Japan is set to go live June 18th 2024, with three inaugural NFT collections up for sale kicking off the launch. One of the collections is San FranTokyo’s PFP NFT collection San FranTokyo Visions. Themed around anime and …
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Dapper Labs (Dapper) has agreed to settle a putative class action suit brought by private plaintiffs, subject to court approval, putting to rest allegations that its NBA-endorsed nonfungible tokens (NFTs) were offered and sold as unregistered investment contract securities. The terms of the settlement, including acts undertaken by Dapper …
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In the NFT market, the Ethereum Name Service (ENS) took center stage with revenues exceeding $4.27 million. The Ethereum Name Service uses NFT technology in its decentralized URL method on the Ethereum blockchain, even though it isn’t an NFT collection per se. Users may convert …
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South Korea is ramping up efforts to formulate rules to oversee the virtual digital assets sector, with the Financial Services Commission (FSC) spearheading the task of drafting these laws. Seoul’s new guidelines will result in regulators classify bulk or large scale non-fungible tokens (NFTs) as …
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Animoca Brands Japan, the strategic subsidiary of Animoca Brands, announced that on June 18 there will be the launch of its NFT launchpad Sorah. The platform will serve to support projects and creators in the sale of their Non-Fungible Tokens. Animoca Brands Japan and the …
Read MoreIn a market dominated by optimism surrounding the price spikes of Bitcoin (BTC) and Ethereum (ETH), the non-fungible token (NFT) market has seen a decline in popularity. NFTs, which include digital artwork and collectibles recorded on blockchains, have recently experienced a notable loss of appeal. …
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