The Bitcoin network led NFT sales with a substantial 50.33% rise, totaling $47.74 million. Wash trading also increased by 15.39% to over $39,000. However, active buyers decreased by nearly 96%, with 2,056 addresses engaging in trading activities. Ethereum Trails Behind with $35 Million in Sales …
Read MoreSwamp Dynasty Transforms the NFT Experience with their Exclusive Crocz Tribes
Swamp Dynasty Transforms the NFT Experience with their Exclusive Crocz Tribes! Immerse in Swamp Dynasty’s Etherglades: 7777 Unique Crocz NFTs, Advanced Crypto Trading, and Eco-Friendly Initiatives Await You. MORGES, CP 44, SWITZERLAND, June 10, 2024 /EINPresswire.com/ — In this digital sphere, NFTs are already unique …
Read MoreSouth Korea Sets ‘Guidelines for Judging NFT Virtual Assets’
South Korea’s top financial regulator has issued new guidelines for NFTs. The guidelines will determine whether certain NFTs can be treated as regular crypto. The development comes ahead of implementing South Korea’s first crypto regime. South Korea’s Financial Services Commission (FSC) has announced new guidelines …
Read MoreSouth Korea to classify some NFTs as Virtual Assets ahead of new crypto regulations
South Korea’s Financial Services Commission (FSC) is changing its stance regarding nonfungible tokens (NFTs), looking to classify some of them as Virtual assets. NFTs are primarily unique assets that cannot be replicated, traits that differentiate them from cryptocurrencies would be treated as virtual assets, a …
Read MoreBinance Introduces CR7 NFT AIRDROP
This surprise offering is set to delight all CR7 Forever Worldwide holders. Binance plans to distribute 100 FREE NFTs to boost their rarity level. Binance’s Latest CR7 NFT AIRDROP Offers Rarity Boosts This airdrop promises real benefits for holders, exclusively available on Binance NFT. Existing …
Read MoreSouth Korea To Unveil Stringent Rules for Digital Assets, Here’s All
Highlights South Korea introduces the Korean Virtual Asset User Protection Act targeting NFTs. Stricter regulations mandate reporting for NFTs classified as virtual assets. Operators must comply with reporting obligations or face criminal penalties. The impending enactment of the Korean Virtual Asset User Protection Act heralds …
Read MoreSouth Korea issues guidelines for classifying NFTs as virtual assets
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Read MoreSouth Korea issues guidelines for classifying NFTs as virtual assets
The Financial Services Commission (FSC), South Korea’s financial watchdog, has issued guidelines detailing when non-fungible tokens (NFTs) should be considered virtual assets. The country is preparing to implement the ‘Virtual Asset User Protection Act’ by July 19 this year. Under the new guidelines, NFTs that …
Read MoreAdidas Teams Up with Crypto Fitness App Stepn for NFTs
Adidas and the crypto fitness app Stepn have joined forces, marking the beginning of a collaboration set to encompass both NFTs and physical merchandise. The partnership’s inaugural offering will be an NFT collection, with plans for tangible products in the pipeline, as per Stepn’s announcement. …
Read MoreAdidas Partners with Crypto Fitness App Stepn, Both NFTs and Merch Coming By Benzinga
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