Tagged: non-fungible tokens

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

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

Two SEC Commissioners Question Enforcement Action on NFT Issuer Impact Theory

SEC Commissioners Hester Peirce and Mark Uyeda have joined to issue a statement on the enforcement action taken by the Commission against NFT issuer Impact Theory. Yesterday, the SEC revealed its first enforcement action against an NFT issuer, with the firm settling the allegations without… Read More

NFTs: French Multinational Sodexo BRS Chooses Internet Computer for NFT Launch

As a part of their global rebranding to Pluxee across 31 countries, the French multinational giant Sodexo Benefits & Rewards Services (Sodexo BRS), a publicly listed leader in tech-enabled employee benefits and engagement platform, embarked on a journey “to embrace the world of non-fungible tokens… Read More

Renz Chong: CEO at BreederDAO Explains How AI Can Unlock the Potential of NFT Gaming

The convergence of AI and NFTs has far-reaching implications for the gaming industry. It introduces a new level of customization and creativity for players, enabling them to personalize assets within the gaming space. NFTs, providing the technology for creative ownership, synergize with AI, which breaks… Read More

Web 3.0, NFTs: Self-Custody Crypto Wallet MetaMask Announces Web3 Educational Programming with Superchief Gallery NFT

MetaMask, the self-custody Web3 wallet developed by ConsenSys is pleased to announce Web3 educational programming at The Oculus at the Westfield World Trade Center in partnership with Superchief Gallery NFT, the IRL NFT gallery. As part of the partnership, approximately 300 students from marginalized &… Read More

Web3 Gaming: Bloxmith Launches Raiders Rumble, A Mobile Strategy Game on the Flow Blockchain

Bloxmith, the “player-first” Web3 gaming studio, announced that the open beta for Raiders Rumble, its 1v1 squad battler game for mobile powered by the Flow blockchain, is now available for download on Google Play and Apple App Store. Raiders Rumble challenges players “to apply fast-paced… Read More

TipLink Secures $6M, Co-led by Sequoia and Multicoin, to Support Crypto, NFT Transactions

The team at TipLink is pleased to announce that they have raised $6m in seed funding led by Sequoia Capital and Multicoin Capital. TipLink allows users “to send crypto or NFTs with just a link.” The kicker is… the link is a wallet. They claim… Read More

NFTs: FIO Protocol Launches NFT Domains Wrapped on Polygon Blockchain

FIO Protocol, the decentralized solution for global blockchain usability, has announced the launch of FIO Domain wrapping on the Polygon blockchain. Wrapping is the process of taking a token “from one blockchain and making it available for use on another.” This launch moves FIO Protocol… Read More

Bitcoin, Ethereum, Larger Crypto Market on Track to Grow Despite FTX Collapse, Global Recession Fears

  Bitcoin (BTC), the flagship cryptocurrency, has fallen from a high of nearly $70,000, which it reached in late 2022, to just over $20,000 at the time of writing. Meanwhile, Ethereum (ETH), the second-largest crypto-asset by market cap and the largest smart contract platform, has… Read More

South Korean NFT Project Doge Sound Club, Uppsala Security to Enhance Web3 Security

Doge Sound Club, which claims to be the first South Korean NFT project, and Uppsala Security, a company specializing in blockchain and virtual asset regulation technology (Reg-tech), announced the signing of a partnership on the 10th of January “with the goal of improving Web3 security.”… Read More

Pillz, Developer of Wearable Devices for NFT-Collectibles, Finalizes Pre-Seed Round

Pillz, the developer of wearable devices for NFT-collectibles and NFT-gaming, raised a pre-seed round from Xsolla and its Founder Aleksandr “Shurick” Agapitov. Aleksandr Agapitov, Xsolla founder and Pillz Board of Directors member, said: “Pillz represents what I always look for in teams – a passion… Read More

NFTs: LG Art Lab’s Enhancements Leverage Features of Hedera Network to Benefit NFT Artists

Since its launch on the Hedera network, LG Art Lab has continued to support innovation and “provide accessibility to the digital art world.” With the latest upgrades, LG Art Lab further “solidifies its position as a leading curator of digital art.” Fine art lovers “can… Read More

NFTs: FSN, Chainlink Labs to Accelerate NFT Adoption in South Korea

The team at FSN is pleased to announce a channel partnership with Chainlink Labs in order “to accelerate the widespread adoption of NFTs and the NFT ecosystem in South Korea.” The channel partnership between Chainlink Labs and FSN will “help boost the adoption of the… Read More

NFTs: Gate.io’s Fraction Token Brings Liquidity, Accessibility to Non-Fungible Tokens

Gate.io, the global cryptocurrency exchange, announced the launch of Gate.io Fraction Token, making the “most popular” NFTs more accessible and available on the market. Fraction Token on Gate.io allows traders “to buy and sell ERC-20 tokens pegged to an underlying NFT asset, enabling traders to… Read More

NFTs: Kraken NFT Adds RENGA Black Box, Invisible Friends, Great Goats, Other Collections

The team at Kraken has announced that they have added ten new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade. After revealing the first 70 collections earlier this year, and dozens more over the past few weeks, Kraken… Read More

EY, TaxBit to Support Tax Reporting Requirements for Digital Assets

The EY organization announced an alliance between TaxBit, a tax and accounting technology provider for cryptocurrency and other digital assets (e.g., non-fungible tokens (NFTs)), and Ernst & Young LLP (EY US) “to help organizations meet tax reporting requirements for digital assets.” Regulators are starting “to… Read More

DOGAMÍ, a Web3 Game for NFT Pet Companions, Finalizes $14M Seed Round with Extension Led by XAnge

DOGAMÍ, which claims to be the first Web3 game for NFT pet companions, completes its $14M seed round with a $7M seed extension “led by European tech-investor XAnge.” DOGAMÍ has “launched a mobile application that allows users to adopt and play with their virtual NFT… Read More

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