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2023 Underground Art Market Report

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Category: NFTs

GameStop to End NFT Market Amid ‘Regulatory Uncertainty’

GameStop is getting out of the non-fungible token (NFT) arena. In an update posted on its GameStop NFT website, the company said it has decided to wind down its NFT marketplace “due to the continuing regulatory uncertainty of the crypto space.” “Effective as of February 2, 2024, customers …

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January 19, 2024January 19, 2024 By AdsmithBroker

‘Nifty Island’ Is Already Better Than Most NFT Sandbox Games

Tired of voxel-style crypto games? Want a sandbox game that pays homage to your favorite NFTs—and lets you build your own custom island for free? Enter Nifty Island. Nifty Island has already made a splash among crypto gaming fans, many of whom are incentivized to …

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January 18, 2024January 19, 2024 By AdsmithBroker

Someone Microwaved a Solana Saga Phone—Now Degens Are Buying Meme NFTs

Is the Solana Saga an endangered species? Just 20,000 of the crypto-friendly Android smartphones were produced, but now there’s one less in the world after a Solana influencer microwaved one as a stunt and posted the video on Twitter—and then minted thousands of commemorative NFTs …

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January 18, 2024January 19, 2024 By AdsmithBroker

Trump NFTs To Get Bitcoin Ordinals Treatment: How You Can Own One

Loading… Loading… Former President Donald Trump has launched three non-fungible token collections, with the first one dating back to December 2022. The latest collection, which featured the ex-president’s widely circulated mugshot, offered unique benefits to purchasers of specific quantities. On Thursday, an additional exclusive advantage …

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January 18, 2024January 18, 2024 By AdsmithBroker

Former OpenSea Exec Argues NFT Insider Trading Conviction Violated Law

Nathaniel Chastain, the ex-OpenSea executive who was convicted last May of fraud and money laundering after profiting off several NFT collections he chose to highlight on the marketplace’s homepage, has asked a federal appeals court to overturn his conviction on the grounds that it improperly …

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January 18, 2024January 18, 2024 By AdsmithBroker

GameStop (NYSE:GME) Rallies after Abandoning NFTs

You have to give GameStop (NYSE:GME) credit for sheer chutzpah. Really, you do. It’s done some things that seem downright insane in retrospect, and yet, it’s always come back to try again. One of its latest efforts found it tied up with non-fungible tokens (NFTs), …

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January 18, 2024January 18, 2024 By AdsmithBroker

Donald Trump’s NFTs Have Limits Normal Ones Don’t

Donald Trump is out with his latest digital collectible gimmick: Something resembling an NFT on the Bitcoin blockchain that effectively costs $9,900 but, unlike normal NFTs, cannot be traded by its owners anytime soon. The former U.S. president’s NFT venture announced in a post on …

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January 18, 2024January 18, 2024 By AdsmithBroker

Reddit looking to launch IPO by March

Reddit, a prominent social media platform, is planning its IPO in March, intending to sell about 10% of its shares following its $10 billion valuation in 2021. The platform’s recent foray into nonfungible tokens (NFTs) has been a key highlight, attracting significant user engagement. Despite …

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January 18, 2024January 18, 2024 By AdsmithBroker

Coinbase Unveils AI-Generated NFTs with “Instamint”

Last updated: January 17, 2024 23:34 EST | 1 min read Source: PixabayCrypto exchange Coinbase’s NFT marketplace has released a AI-generated NFT feature. In an X post on January 18, Coinbase unveiled its latest feature, “Instamint,” on its NFT marketplace. This feature enables users to …

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January 18, 2024January 18, 2024 By AdsmithBroker

Check Point Research alerts on a new NFT airdrop campaign

By Oded Vanunu, Dikla Barda, Roman Zaikin A recent investigation conducted by Check Point Research has revealed a sophisticated NFT scam campaign operating on a large scale: This campaign is unique in its methodology, employing a source spoofing technique to target a broad spectrum of …

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January 18, 2024January 18, 2024 By AdsmithBroker

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