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Cryptonews Tags NFT

# NFT

All #NFT

Crypto Regulation News
Canada’s $72M Crypto Tax Crackdown Targets 2,500 Dapper Labs Users — But No Charges Yet

Canada’s CRA has audited 2,500 Dapper Labs users, recovering roughly $72 million in unpaid crypto taxes, yet despite the enforcement, no criminal charges have been filed since 2020.

, by Hassan Shittu
Features
RIP Metaverse: Mark Zuckerberg Slashes Budget as Crypto Projects Suffer
Meta is slashing its budget for the metaverse — and it's bad news for crypto projects in the space.
, by Connor Sephton
Features
Before Art Basel Miami Beach, Eli Scheinman On Where Digital Art Goes Next
Art Basel has introduced Zero 10 at Miami Beach, bringing digital practice into focus as NFT markets have shifted into a post-hype maturation. Curator Eli Scheinman has outlined how collectors, galleries and artists are rethinking craft, ownership, display and on-chain tools in this calmer phase.
, by Hongji Feng
McGregor vs Khabib NFT Drama: ZachXBT Exposes Hypocrisy Over Failed Meme Coin
The long-standing rivalry between Conor McGregor and Khabib Nurmagomedov has resurfaced in an unexpected arena, igniting a controversy that blends personal history, digital collectibles, and renewed criticism over celebrity involvement in crypto projects. What began as a jab from McGregor over...
, by Hassan Shittu
Alternative Crypto Assets Crash to 2025 Lows as Meme Coins Shed $5B and NFTs Down 43%
Alternative crypto markets faced one of their sharpest downturns of the year on Friday as meme coins and NFTs collectively erased billions in value, extending a multi-week decline across the broader digital asset sector. According to data from CoinMarketCap and CoinGecko, speculative assets...
, by Hassan Shittu
Coinbase CEO Confirms Spending $25M to Buy UpOnly NFT From Cobie
Coinbase CEO Brian Armstrong on Tuesday, confirmed the purchase of $25 million UpOnly NFT from well-known crypto trader Cobie. “The rumors are true, we bought the NFT,” Armstrong wrote to his 1.6 million followers on X. “UpOnlyTV is coming back.” Per on-chain data, Coinbase paid $25...
, by Sujha Sundararajan
OpenSea Reinvents Itself as Crypto Aggregator Amid 90% NFT Volume Crash
OpenSea, once the face of the NFT boom, has undergone a dramatic transformation as the sector sees trading volumes collapse by more than 90% from their 2021 highs. The NFT marketplace has rebranded itself as a multi-chain crypto trading aggregator, expanding beyond digital collectibles into...
, by Hassan Shittu
UK Auction House Christie’s Ends Standalone NFT Unit Amid Art Market Slowdown
British auction house Christie’s is winding down its dedicated NFT department, folding it into its broader 20th and 21st-century art division.
, by Amin Ayan
OpenSea $1M NFT Fund Eclipsed by Major SEA Token Announcement
NFT marketplace OpenSea has launched a $1 million initiative to acquire and curate digital art, unveiling what it calls the Flagship Collection. The move, announced Monday, comes as the company prepares for the rollout of its SEA token, a development that has quickly overshadowed the cultural...
, by Hassan Shittu
Nike and StockX Settle NFT Trademark Dispute, Avoid October Trial
Nike and StockX have officially settled a long-running legal dispute over trademark use in sneaker-linked NFTs.
, by Amin Ayan
The Sandbox Founders Exit as Animoca Assumes Full Control in Major Overhaul
Metaverse platform The Sandbox is undergoing a transformation following the departure of its co-founders and a takeover by Animoca Brands.
, by Amin Ayan
NFT Market Heats Up As AI Companion Tokens Bring Interactive Experiences
Non-fungible tokens (NFTs) are making a comeback after facing a tough couple of years. According to DappRadar, NFT trading volumes dropped from $16.8 billion in 2023 to $13.7 billion in 2024. Although this decline was marked, a recent report from DappRadar found that NFT metaverse trading...
, by Rachel Wolfson
SPX6900 Slips to $1.55 as DeFi Expansion, CeFi Listings, and Rival TOKEN6900 Shape Next Move
SPX6900 ($SPX) just broke its bullish streak. On August 15, $SPX fell sharply to $1.55 after losing key support, triggering a breakdown that now raises questions about its staying power amid growing competition and shifting momentum. From DeFi listings to NFT rollouts and multichain growth,...
, by Jimmy Aki
Back from the Dead? NFTs Are Dividing Experts Again
NFTs are back? Some still call them “digital junk,” but rising user numbers and Pudgy Penguins tell a different story. Is this the start of something real or just another hype cycle?
, by Olga Primakova
Revealed: Donald Trump’s Huge Crypto Wealth — In Charts
Donald Trump has been a staunch supporter of Bitcoin since returning to the White House — vowing to transform America into the "crypto capital of the world." He has elected pro-crypto regulators to the SEC, unveiled plans to create a strategic Bitcoin reserve, pardoned Silk Road founder Ross...
, by Connor Sephton
Ant Group’s Topnod Launches 1–4 USD Blockchain Art; 4,088 Pieces Gone in 3 Hours
Ant Group’s digital asset platform Topnod has launched its “Online Digital Art Exhibition,” according to a Sina Technology News report published on August 4. Unlike the B2C model adopted by other digital art marketplaces, the platform allows creators to upload and sell their artworks once...
, by Hongji Feng
Ex-OpenSea Employee Cleared in First NFT Insider Trading Appeal — Here’s What Changed
A former OpenSea product manager has successfully overturned his conviction in what was once hailed as the first insider trading case involving non-fungible tokens. The ruling by a US federal appeals court on Thursday marks a significant setback for prosecutors hoping to apply traditional...
, by Shalini Nagarajan
Conflux (CFX) Surges 7% Amid Breakout Rally and Major Upgrades
$CFX rebounded 7% after yesterday's brutal 27% plunge, with bulls now battling to hold the key $0.20 level. As China's sole government-approved Layer-1 blockchain celebrates new transaction milestones, weakening technicals suggest this recovery may be fragile. The volatile price action comes...
, by Jimmy Aki
Zora Crypto Fell 40% After 8x Rally — Is the ‘Instagram Killer’ Already in Trouble?
Zora (ZORA) soared 800% after the Base App launch, but can it hold? Critics say user activity is down and the hype may not last. Is this just another spec pump or a new model for creators?
, by Olga Primakova
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