Key Takeaways The U.S. Treasury Department released its first-ever risk assessment on non-fungible tokens (NFTs) and their potential role in illicit finance. The report highlights the susceptibility of NFTs to fraud, and theft, while acknowledging a lack of evidence for…
Key Takeaways The buzz around Runes, a new protocol allowing token creation on Bitcoin, appears to be fading. Launched on April 20th, the same day as Bitcoin’s halving event, Runes generated significant excitement among investors. The Runes Protocol on BTC…
Key Takeaways Leading crypto exchange Binance has made waves in the digital asset world with its recent announcement regarding Bitcoin Ordinals on its NFT marketplace. On April 4th, Binance revealed that it will no longer support Bitcoin Ordinals and the…
Following a bounty payment, all NFTs belonging to the BAYC and MAYC that were taken from the peer-to-peer trading platform NFT Trader have been returned.
Key Takeaways In a surprising turn of events, online chess platform Immortal Game has decided to completely withdraw its plans for incorporating NFTs and play-to-earn crypto elements. The announcement, made via a Discord post last week, revealed that the platform,…
Investors in digital assets must get interest when depositing their cash into an exchange by July 2024, according to a notification released by the FSC.
Key Takeaways In a recent announcement on LinkedIn, Aqua’s CEO, Sean Ryan, confirmed the closure of the gaming NFT marketplace, citing the unexpected challenges faced in the dynamic world of Web3 gaming. The decision, initially hinted at a month ago,…
Key Takeaways The U.S. Securities and Exchange Commission (SEC) has taken legal action against the Stoner Cats NFT project, alleging the sale of unregistered securities. Stoner Cats, an NFT-driven cartoon series project, has faced scrutiny from the regulatory authority, marking…
key takeaways: In the ever-evolving landscape of cryptocurrencies and blockchain technology, Binance‘s recent decision to terminate its support for Polygon NFTs and the Sandbox NFT Staking Program has generated significant interest within the industry. Binance NFT, the non-fungible token project…
Key Takeaways Glass, a crypto startup that aimed to capitalize on the NFT video trend, is calling it quits due to the bear market, with its co-founders announcing their departure from the project. Sam Sendelbach and Varun Iyer, the co-founders,…
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