- Cryptonews

Three Arrows Capital’s NFT Collection Set for Sotheby’s Auction in Attempt to Repay Creditors

Sotheby's is preparing to host an auction for a collection of non-fungible tokens (NFTs) seized from now-defunct crypto hedge fund Three Arrows Capital.In a Wednesday press release, Sotheby's revealed that it would auction the Grails collection, which is comprised of digital artwork that...

, by Ruholamin Haqshanas

Trump Launches and Sells Out Second NFT Series Depicting Himself as George Washington, King of Hearts

Former US President Donald Trump, who has been indicted, announced the successful sale of his latest collection of non-fungible tokens (NFTs) on Tuesday. This new collection portrays Trump in various personas, such as a historical figure, a youthful patriot, a king, and a world leader.Trump...

, by Sead Fadilpašić

Sotheby’s Auction House Revives Glitch Art Auction, New Gamer Uncovers $50,000 NFT

Auction house Sotheby's has revived its “Glitch: Beyond Binary” NFT auction after facing backlash over lack of diversity with the initial launch. The art sale will open on April 19 and feature 34 lots of digital art from different artists involved in the "glitch art" movement, the...

, by Ruholamin Haqshanas

New Filing Reveals Trump Earned Up to $1 Million from NFT Sales – Here’s What You Need to Know

Donald Trump, the 45th President of the United States, has raked in up to $1 million from the sales of his digital trading cards.According to a filing with the US Office of Government Ethics, the former US president earned between $100,001 to $1 million from CIC Digital, the company behind the...

, by Ruholamin Haqshanas

Japanese Government Mulls Promoting NFTs in Sport

The Japanese government may push to adopt non-fungible tokens (NFTs) in the sports industry.Nikkei reported that Tokyo could move after the ruling Liberal Democratic Party Web3 “Digital Society Promotion” team issues a white paper on the matter.The white paper is yet to be published,...

, by Tim Alper

Spate of “Free NFTs” Scams Blights South Korea

South Koreans are under attack from non-fungible token (NFT) scammers who pose as bona fide project operators to drain crypto from their victims.Yonhap reported that “phishing emails” that “steal cryptoassets” from their victims are “being distributed on a large...

, by Tim Alper

After Manhattan Indictment, Trump’s NFT Trading Cards See Sharp Rise in Value – Here’s Why

Digital trading cards tied to Donald Trump, the 45th President of the United States, have seen a spike in price following news that a grand jury in Manhattan voted to indict him.According to NFT data aggregator NFTPriceFloor, the floor price of Trump's NFTs currently sets at 0.499 ETH, or over...

, by Ruholamin Haqshanas

Token-Gated Access: Ticketmaster Rolls Out NFT-Enabled Ticket Sales for Fans – Here’s How it Works

U.S. ticket sales and distribution firm TicketMaster has implemented crypto wallet integration for the fan club of American metal band Avenged Sevenfold in relation to its forthcoming tour. Owing to the feature, fans who are members of the Death Bats Club will be enabled to use non-fungible...

, by Jaroslaw Adamowski

Luxury Brand Gucci Collaborates with Bored Ape Creator Yuga Labs for Metaverse Project – Crypto Adoption on the Rise?

Luxury fashion label Gucci is expanding its presence in Web3 and the metaverse through a partnership with renowned NFT issuer Yuga Labs. The collaboration caught the attention of the crypto community as Yuga Labs is the creator of the widely popular Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht...

, by Sead Fadilpašić

Amazon Drops NFT Bombshell: Official Email Teases Digital Tokens and Platform Gallery

The e-commerce giant Amazon has officially jumped on the NFT bandwagon, an email sent out to at least one customer suggests.According to the email, Amazon has already launched some type of “digital token” that can be stored in a “gallery.” The digital tokens also appear to...

, by Fredrik Vold

IRS Considers Treating NFTs as Taxable Collectibles, Raising Concerns for Digital Asset Owners

NFT holders are on edge following an announcement by the IRS that they're reaching final rules surrounding the taxation of NFT assets.The central proposal is to treat NFTs in the same way as collectibles such as fine wine, art, or stamps, according to the document published by the US Internal...

, by Sam Cooling

Gaming Giant Sony Files Patent to Enable NFT Transferability Across Games and Consoles

Entertainment and gaming giant Sony has filed for a patent to make non-fungible tokens (NFTs) transferable and usable between various games, devices, and consoles.The patent filed last week states: "[T]hat the digital asset may be used, via the NFT, across plural different computer simulations...

, by Sead Fadilpašić

Meta Discontinues NFTs on Facebook and Instagram Less Than a Year After Launch – Here’s the Latest

Senior representatives of Meta, the parent company of Facebook and Instagram, announced that the company will be shutting down the ability to buy and sell non-fungible tokens (NFTs) on both platforms, less than a year after the feature was introduced.Stephane Kasriel, the head of commerce and...

, by Jaroslaw Adamowski

OpenSea Sees Explosive Demand for ‘Vitalik’ NFT Collection Tied to Ethereum Co-Founder – Here’s What You Need to Know

Since its association with Ethereum co-founder Vitalik Buterin was revealed, the "Gitcoin Presents" NFT collection has surged to the top spot on OpenSea.Created by Metalabel in collaboration with Web3 funding platform Gitcoin, the collection is based on Quadratic Funding, a funding model designed...

, by Ruholamin Haqshanas

International Women’s Day: Sotheby’s Auction House and UnicornDAO to Hold Art Auction Benefitting Women’s Rights

In honor of International Women's Day, Sotheby's auction house is hosting a benefit auction titled "My Body, My Business." The event will showcase a diverse collection of feminist artwork, including non-fungible tokens (NFTs), featuring established and emerging female artists. The auction...

, by Jaroslaw Adamowski

Israel’s Tax Authority Probes NFT Creators Over Alleged Tax Evasion

Israel's Tax Authority has arrested two NFT creators for charges of tax evasion and money laundering after allegedly failing to report $2.2 million in sales throughout 2021.According to a recent report by Israeli news outlet Ynetnews, Avraham Cohen and Anthony Pollack, the owners and...

, by Ruholamin Haqshanas

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