Tagged: nfts

Andreessen Horowitz Wants a New Crowdfunding Regime to Fund NFTs

Andreessen Horowitz wants an updated version of Regulation Crowdfunding, or Reg CF, to be used to fund Non-Fungible Token (NFT) offerings. The venture group defines NFTs as “crypto assets whose value, utility, or significance is primarily derived from being a record of ownership or rights with respect to… Read More

NFT Marketplace X2Y2 to Shut Down on April 30 After Three Years of Operation

Non-fungible token (NFT) marketplace X2Y2 will shut down its trading platform on April 30, 2025, ending a three-year run amid declining volumes and intensifying competition in the digital collectibles market. The platform’s front-end interface will go offline, though its smart contracts will remain active, allowing… Read More

Former Attorney at the Department of Justice Criminal Division Comments on SEC’s Move to Support Crypto Innovation

The new Trump administration has moved quickly to reverse the Biden administration’s anti-digital asset innovation policies. This week, Commissioner Mark Uyeda was selected as the acting Chair of the SEC. His first act was to create a Crypto Task Force led by Commissioner Hester Peirce,… Read More

Google to Enforce Stricter Rules for Crypto Ads in the UK Starting January 2025

Google has announced new advertising policies for cryptocurrency-related products in the United Kingdom, requiring advertisers to register with the country’s Financial Conduct Authority (FCA) starting January 15, 2025. The update aims to ensure compliance with local regulations amid increased scrutiny of crypto promotions globally. The… Read More

RWA Tokenization Platform Polytrade Partners with Anotherblock to Enable Fractionalized Trading of Music Rights via NFTs

Polytrade, which claims to be a leader in RWA tokenization, announces its strategic partnership with Anotherblock, a platform focused on facilitating the buying and selling of fractionalized music rights through NFTs. This partnership sees Polytrade assume responsibility “for royalty distribution, further positions the business at… Read More

SEC Penalizes Flyfish Club for NFTs Deemed to be Crypto Asset Securities, Commissioners Peirce and Uyeda Slam “Crypto-Obsessed Commission”

Earlier today, the Securities and Exchange Commission (SEC) issued an Administrative Order punishing the FlyFish Club (FFC) for allegedly issuing “crypto asset securities.” The FlyFish Club is a private dining venue that offers memberships similar to country clubs. Unfortunately, FFC upset the Commission by issuing… Read More

Two Legal Experts Comment on OpenSea Wells Notice and Potential SEC Enforcement Action Are NFTs Securities?

Last week, OpenSea, a popular NFT [non-fungible token] marketplace, revealed that it had received a Wells Notice from the Securities and Exchange Commission (SEC). The missive indicates a good probability of a forthcoming enforcement action against the firm. While NFTs are largely aligned with digital… Read More

Bitcoin based NFTs Including Ordinals and Runes See Market Cap Surge to $1.03 Billion – Report

The total market cap of the top 10 Bitcoin-based non-fungible tokens (NFTs), comprising Ordinals and Runes, has surged “to $1.03 billion, with a daily average trading volume of $2.25 million in May 2024, proving their increasing prominence in the world of Web3.” This, according to… Read More

Alchemy Pay Supports Phygital Collection Purchases via Another-1 with NFT Checkout

Alchemy Pay, the crypto payment solutions provider, now enables users to purchase physical-digital blended fashion collections on the Another-1 platform, a Web3 phygital fashion platform built on Polygon, using its NFT Checkout solution. With this integration, users who seek to mint and “acquire phygital assets… Read More

NFT Lending Volume Reportedly Exceeded $2.1B in Q1 2024

The CoinGecko team has recently examined NFT or non-fungible token lending volumes which have reportedly surpassed $2.1B in Q1, led by Blend. The CoinGecko has examined what they consider to be the top NFT lending platforms. According to the research report, Blend is said to… Read More

Manchester City Teams Up with Digital Collectibles Platform Quidd

Manchester City has announced a new multi-year partnership with Quidd, one of the world’s  digital collectible platforms. Quidd is providing new experiences enabling people “to swap and collect digital cards, transforming the football culture pastime of collecting stickers and cards for the modern age through… Read More

Invest in Wine: GrtWines is a Web3 Wine Marketplace

GrtWines is a new online investment platform that focuses solely on collectible wines. At the beginning of the year, GrtWines revealed its inaugural collection, “100 Magnums,” featuring Bordeaux wines. According to GrtWines, this first collection sold out in four days, thus displaying high demand for… Read More

Digital Property Ownership: Celo Foundation and Rarible Introduce NFT Marketplace Powered by RaribleX

The Celo Foundation and Rarible introduce Celosphere, a new NFT marketplace powered by RaribleX and platforming digital ownership aligned with the Celo community’s mission of creating prosperity for all. Built on Celo, an emerging Ethereum Layer-2 and mobile-first blockchain network, the Celosphere provides creators “with… Read More

UK’s HM Treasury May Update AML and CFT Framework, New Rules Could Apply to NFTs

The UK’s HM Treasury is reportedly considering or looking into possibly making changes to its existing Anti-Money Laundering and Counter-Terrorist Financing (AMLCFT) framework. This may potentially mean that service providers of non-fungible token (NFT) trading platforms could get added within the applicable regulatory framework. At… Read More

Ram Ramachandran from Router Protocol Discusses Why Privacy and Security Are Essential for Blockchain Platforms

We recently caught up with Ram Ramachandran, the CEO at Router Protocol, which supports building an interoperable Web3 with modular cross-chain infrastructure. Ram Ramachandran commented on what can be done to help regain users’ privacy and security in Blockchain in 2024. Ramani Ramachandran, CEO of… Read More

Transak, the Payments Infrastructure Provider for Crypto and NFTs, Teams Up with Visa

Transak, the payments infrastructure provider for crypto and NFTs, has announced a collaboration with Visa, an enabler of digital payments, in order to implement Visa Direct capabilities and help enhance its global off-ramp service. This collaboration marks a significant milestone by “enabling users in over… Read More

NFTs: Agoric Mainnet to Support Crabble Application which Will Enable NFT Lending

Bytepitch, the team building the Crabble NFT lending platform, have deployed their contract to Agoric mainnet after their proposal had a passing vote. The second third-party application to launch on-chain on Agoric, Crabble offers a utility layer for NFTs on Agoric and “soon the entire… Read More

Digital Collectibles: Swiss Tennis Introduces NFT Collection with Sygnum

Swiss Tennis, the national association that advocates for a strong Swiss tennis community, is cooperating with Sygnum, the digital asset bank, in order “to launch the Swiss Tennis World Champion NFT art collection to support the next generation of tennis players in Switzerland.” Swiss Tennis… Read More

Alchemy Pay Teams Up with Trekki NFT to Extend Functionality of NFT Checkout, Backed by Trip.com

Alchemy Pay, a fiat-crypto payment gateway, has established a partnership with Trekki NFT, and extended the functionality of its NFT Checkout in order “to support and facilitate its minting processes.” These unique NFTs, “bearing a travel theme,” are backed by the global online travel services… Read More

It was “Fan Crowdfunding” – SEC Commissioners Peirce and Uyeda Criticize Stoner Cats NFT Enforcement Action

Earlier today, the Securities and Exchange Commission (SEC) announced an enforcement action against Stoner Cats and the creation of non-fungible tokens (NFTs) that were sold to the public. In total, Stoner Cats sold over $8 million in these NFTs which then were available for resale… Read More

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