Numerous investors, organizations, and businesses involved in the crypto industry are still being impacted by the recent worldwide crypto winter. Many non-fungible tokens have lost more than 70% of their value as a result of the crypto market collapse, which …
Immutable X, an Ethereum layer two scaling network, and the American retailer of video game items GameStop have joined together to provide an NFT market. Users will now be able to buy web3-powered games straight from GameStop's website.
On October …
This week, the Hong Kong government will convene its annual fintech event to gather public feedback on how to provide easy access to virtual assets for retail investors.
The Hong Kong government release a policy statement on virtual asset development …
Visa, a leading supplier of worldwide payment services, has announced plans to start providing services for digital wallets. The massive fintech company has submitted trademark applications for the use of its name in programs that view, access, and store cryptocurrencies …
One of the biggest companies offering payment services for digital assets, BitPay, has announced support for MATIC and Polygon. First-time Polygon payments from the most well-known Polygon wallets will be accepted by BitPay merchants.
The supplier of digital asset payment …
From a record high in January, the NFT markets have had a devastating comedown in 2022, falling by around 97%. The NFT market has, however, just recently begun to show faint indications of revival. Some of the top-selling NFTs this …
According to reports, Rishi Sunak has just been elected as the next leader of the British Conservative party, opening the door for him to succeed David Cameron as prime minister. Sunak will replace Liz Truss after being crowned after she …
Apple, a titan of the IT industry, has once again reevaluated its divisive position on non-fungible tokens. This time, the IT company has released freshly revised policies with explicit provisions relating to NFTs.
Apple Insider …
Despite the recent crypto bear market, which has seen several digital assets lose more than 60% of their value over the previous four months, the NFT market has remained stable. Some of the top-selling NFT compilations available right now are …
The Internal Revenue Service (IRS) of the United States has published new tax regulations for stablecoins and non-fungible tokens. The updated standard replaces the one from the previous year, which classified stablecoins and cryptocurrency as "virtual assets."
With uses cases including simplifying access, lowering transaction friction, and democratizing ownership, NFTs have found a home in the real estate market. In contrast to cryptocurrencies, real estate has historically been considered as a rewarding investment that has seen less …
Non-fungible tokens continue to draw additional use cases from a range of organizations, corporations, and brands. The latest company to use NFTs to offer tokenized performance driving completion certificates is luxury automaker Lexus.
Lexus stated in a special release on …
A Series B investment round for the well-known decentralized exchange, Uniswap Labs, was successful in raising $165 million. The fundraising effort was spearheaded by the cryptocurrency-focused investment company Polychain Capital.
The decentralized exchange announced the conclusion of its Series B …
In order to experiment with non-fungible tokens, Damien Hirst has started burning his artwork. According to the artist, those who want to purchase an NFT of his work will have the original burnt.
In order to support cultural heritage in the midst of the continuing war catastrophe, Kharkiv Art Museum, one of the oldest and most significant art institutions in Ukraine, has created an NFT collection on the Binance NFT marketplace.
A few …
Non-fungible tokens (NFTs) have had a difficult year, particularly since the overall crypto winter started somewhere in June. Since January, the trading sales volume of NFTs has decreased by almost 97% as a result of the market collapse.
Many digital …
According to a recent announcement by OpenSea, a digital market platform for cryptocurrencies and non-fungible tokens (NFTs), crypto users will soon be able to offer and buy large quantities of digital collectibles in a single transaction.
OpenSea said in a …
Tamadoge, a play-to-earn gaming ecosystem powered by blockchain that enables players to breed, combat, and mint Tamadoge pets in the metaverse, has announced plans to introduce its new non-fungible token (NFT) collection this week.
On October 6th, the project intends …
The third quarter's sales of non-fungible tokens (NFTs) have dramatically decreased, according to NFT market statistics, highlighting the ongoing effects of the overall crypto winter that started in mid-June this year.
NFTs are assets that use blockchain technology to represent …
The "Baddest Man on the Planet," Mike Tyson, has joined up with web3 game developer Ex Populus, powered by Animoca, to provide new Iron Pigeons non-fungible tokens (NFTs) on the Solana blockchain.
The new relationship was disclosed by Mike Tyson …
