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The Future. NFT sales nearly doubled between December and January and seem to be maintaining steady trading. Does that mean NFTs are officially back from near worthlessness? It’s hard to tell, but former profile-picture projects are trying to offer more than a cartoon image to capitalize on the wave… which may usher in a new […]
NFTs enter the Dark Ages
The Future. Stoner Cats, the starry six-episode animated Web3 series, was made an example of by the Securities and Exchange Commission under the agency’s new mandate to treat every crypto but Bitcoin as an unregistered security. While the fate of crypto assets will ultimately still need to be determined by the courts, the ruling may […]
OpenSea closes the door on artist royalties
As more people suffer significant losses on NFTs, they’re putting the blame on celebrities who encouraged them to invest in the virtual assets.
Like crypto, NFTs are experiencing their own winter. Demand for digital tokens has cooled, generating a market where collectors can sell them as losses to help offset their income tax bills.
Nike is opening a Web3 shopping platform, dubbed dotSwoosh.
The once high-flying FTX had a reversal of fortune this week and needed money fast… and its rival Binance has come to the rescue.
NFT platform Rarible is setting itself up for a maturing NFT ecosystem with two new features.
Tech and music company Hume has scored a significant Series A investment to create a roster of virtual artists that will bring some jams to the metaverse and get IRL talent paid in the process.