NFTs
Watch Out for Illicit Actors Gaming Crypto Games
P2E and GameFi offer a glimpse into the types of financial crime complexities that will arise as tech companies work to usher in the metaverse.

Solana-Based STEPN Reports $122.5M in Q2 Profits
The team will use 5% of the profits to initiate a buyback and burn program of its native GMT tokens.

Animoca Brands Raises Additional $75M, Nudging Valuation to $5.9B
The infusion is the second tranche of January's funding round, which nabbed almost $360 million and valued the investment company at $5.5 billion.

Shanghai Plans to Cultivate $52B Metaverse Industry by 2025
Shanghai wants to create more than 100 companies in a plan that focuses on virtual reality and increased connectivity.

GameStop’s NFT Marketplace Goes Live
The video-game retailer released a digital asset wallet in May ahead of the service.

A Saudi Arabia-Themed NFT Collection Is the Latest Free-to-Mint Hit
The Saudis topped the volume charts in its debut weekend with $7.7 million in sales.

NFTs Are Now Collateral for Secured Loans. Are You Legally Protected?
Repossessing used cars is one thing, but a lender may find it hard to know the right jurisdiction to lay claim to a Bored Ape owned by “MoonBoiBallz99.”

Three Arrows Wanted a $100M NFT Collection. Instead, It’s Worth Less Than $5M
The company had dreams of institutional interest in non-fungible tokens. But as the firm declares bankruptcy, the NFT collection is worth a paltry sum. One investor has written off its entire investment in the "Starry Night" fund.

What's Your NFT Really Worth? This Man Is Using AI to Find Out
Nikolai Yakovenko has harnessed the power of machine learning for everything from professional baseball to human genomics. Now he’s coming for NFTs.


