NFTs


Policy

U.S. Judge Sets Stage for NFT Securities Trial as DraftKings Lawsuit Moves Forward

The class action suit from DraftKings buyers alleges that NFTs are investment contracts.

Detail view of a DraftKings Sportsbook advertisement at an NHL game. (Brett Carlsen/Getty Images)

Policy

Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit

The settlement must still be approved by a New York court.

Dapper Labs Agrees to $4M Settlement in Class Action Securities Suit (Shutterstock)

Policy

U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'

"Illicit actors can use NFTs to launder proceeds from predicate crimes, often in combination with other methods to obfuscate the illicit source of proceeds of crime," the Treasury found.

U.S. Treasury Building (Nikhilesh De/CoinDesk)

Consensus Magazine

The Untold Story Behind Beeple's Historic NFT Sale: 'Token Supremacy' Excerpt

Author Zachary Small details the behind-the-scenes events that brought the digital artist and Christie's auction house together in the first chapter of their book.

(CoinDesk)

Opinion

Reimagining Female Empowerment in the Age of Digital Influence and Crypto

Despite the democratization of technology and access, systemic barriers persist. Stefania Barbaglio has a call to action for Gen-Z women.

Web 3, Megaphone (Patrick Fore/Unsplash)

Consensus Magazine

MoMA’s Madeleine Pierpont: NFTs Are Already Part of Art History

“Yes, there has been a hyper-financialization in the NFT space, but money is not a dirty word in art,” says the Consensus 2024 speaker.

MoMA’s Madeleine Pierpont brings Web3 experiences to the New York modern art mainstay. (Gen C podcast/CoinDesk)

Policy

Galaxis Raises $10M, Doubling Down on Belief That NFTs Will Provide Real Value Everywhere

The platform has previously launched NFT collections for celebrities such as DJ Steve Aoki and actor Val Kilmer.

Web3 (Unsplash, modified by CoinDesk)

Opinion

Why Christie's First Bitcoin Inscriptions Auction Matters

With the halving and new tech set to give Ordinals a further lift, Bitcoin-based inscriptions are demonstrating staying power and some advantages over NFTs. Christie’s is taking notice with a new initiative.

An inscription from the Ordinal Maxi Biz collection. (Christie's)

Markets

Influential Trader GCR Buys Original Dogwifhat Meme for $4M; WIF Rises

WIF prices surged in the past hour as X users discovered the trader now holds the original image.

The dogwifhat meme (Know your meme)

Tech

Solana NFT Marketplace Tensor to Issue TNSR Governance Token

The on-chain venue for NFT swaps stayed mum about an airdrop.

Solana booth at ETHDenver 2024 conference. (Sam Kessler)