The concept of non-fungible tokens (NFTs) is becoming more and more popular among traders worldwide. With the help of blockchain, NFTs allow you to take digital ownership to a higher level. This is a different form of investment than the…
Key Takeaways In a major development, a federal court has delivered a major win for Yuga Labs, the creators of the Bored Ape Yacht Club (BAYC), dismissing a high-profile lawsuit that alleged the company sold unregistered securities in the form…
Key Takeaways A federal appeals court has negated the conviction of Nathaniel Chastain, the former product manager at OpenSea, effectively nullifying the first insider trading prosecution involving digital assets in the United States. The ruling was made by the 2nd…
NFT is not a hidden gem anymore. A new and exclusive term flooding in the crypto industry, but how to buy an NFT is something that creates a stoppage. Here we have come up with an article on how to…
Key Takeaways Aurelien Michel, the French developer behind the Mutant Ape Planet NFT project, was recently ordered by a U.S. court to forfeit $1.4 million and pay a $15,000 fine after pleading guilty to defrauding investors. His project, which aimed…
Key Takeaways Two users have filed a class-action lawsuit against NFT marketplace OpenSea, alleging the platform facilitated the sale of unregistered securities. The lawsuit, filed in a Florida federal court on September 19 by Anthony Shnayderman and Itai Bronshtein, claims…
We are excited to share with you that we are going to start a weekly NFT recommendation series, where we will be focusing on some Nft trading opportunities with exciting project that can deliver bumper gains. Starting with today itself,…
Key Takeaways Trip.com Group has announced the termination of its first NFT series, “Trekki,” effective August 1, 2024. This decision marks the end of all development for the project’s second-phase features, including dividend pools, staking mechanisms, travel growth mechanisms, and…
Key Takeaways South Korea’s financial regulator, the Financial Services Commission (FSC), has issued guidelines to clarify how non-fungible tokens (NFTs) will be regulated under the country’s upcoming crypto laws. The new guidelines differentiate between various types of NFTs. NFTs with…
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…
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