NFT Rug Pull Artist Behind MAYC Copycat Charged by US Authorities

Vladislav Sopov 24-year old suspect was arrested last night at JFK airport for alleged $2.9 million fraud Contents NFT dev charged with rug pull with $2.9 million stolen “Community went way too ...

Why NFT Marketplace SuperRare Is Sacking 30% Of Workforce

NFT startup SuperRare has started to take drastic measures in order stay in business in the face of an extended crypto winter, giving the pink slip to some members of its workforce. According to the c...

Bluechip NFT project Moonbirds signs with Hollywood talent agents UTA

The NFT-focused company was founded by early-stage Facebook and Twitter investor Kevin Rose, and designer Justin Mezzell in February 2022. The company also has the Proof Collective and Oddities NFT co...

Avalanche [AVAX] doubles down on the NFT industry, here’s how

Avalanche’s latest announcements underscore a stronger focus on NFTs in 2023. AVAX bulls failed to yield a substantial upside in the short term. The Avalanche layer 1 blockchain recently announced int...

NFT project accepted $3M to move its collection to Polygon

The team behind y00ts and DeGods were paid $3m to move their collections off Solana and onto Polygon, according to a January 6 announcement from the company. The statement was made on Discord and copi...

Polygon to Host Mastercard’s Web3 Artist Accelerator and a ‘Limited Time Release NFT’ ⋆ ZyCrypto

Advertisement &nbsp &nbsp The partnership is a win for the Ethereum-scaling network, having welcomed a major NFT project from Solana, y00ts. Polygon’s native MATIC token added...

Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions – Bitcoin News

Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now an...

NFT Marketplace SuperRare Cuts 30% of Staff: ‘We Over-Hired’

SuperRare Labs, the company behind NFT marketplace SuperRare, became the latest crypto player to make job cuts on Friday, announcing it will reduce its staff by 30%.  The news came from SuperRare CEO ...

Arrested Mutant Ape Planet Founder May Have Pulled Off Multiple Other NFT Rug Pulls

Aurelien Michel, the founder of NFT collection Mutant Ape Planet, was arrested this week by federal authorities for allegedly orchestrating an “NFT rug pull” scam. But that may have been just one of m...

NFT Marketplace SuperRare Downsizes 30% of Staff Due to Extended Crypto Winter

– Advertisement – SuperRare, a non-fungible token (NFT) marketplace, has laid off 30% of its staff due to the prolonged crypto winter. CEO John Crain stated that the company overhired duri...

Polygon Paid y00ts NFT Collection $3 Million to Leave Solana

DeLabs, the startup behind top Solana NFT collections DeGods and y00ts, has revealed that it received a $3 million grant to move y00ts to the Ethereum sidechain Polygon. According to a statement publi...

SuperRare, an NFT marketplace, laying off 30% of staff

John Crain, the CEO of the curated non-fungible token (NFT) marketplace, SuperRare, said on Friday, Jan. 6, that the company is reducing their employee count by thirty percent as a direct consequence ...

Team behind Moonbirds NFT sign deal with Hollywood-based talent agency, UTA

PROOF, the firm responsible for Moonbirds, an NFT project , has secured representation arrangement with one of the largest talent agencies in Hollywood, the United Talent Agency (UTA), Kevin Rose, the...

NFT market is holding up well in 2023

The non-fungible token (NFT) market has continued to thrive despite the overall bearish trend in cryptocurrency. Based on NFTGO data, the single-day trading volume of the NFT market on Jan.5 exceeded ...

Cardano NFT: Whiskees – The Cryptonomist

This week’s guest on the Cardano NFT Column is a project that will be launching a collection of 10k NFTs which represent crowdfunded partial ownership whiskey casks: Whiskees. The previous guest was a...

y00ts NFT Received $3 Million by Polygon To Migrate From Solana

3 hours ago | 2 mins read NFT News The founder of DeLabs admitted that the firm has been understaffed for some time. According to Frank, the money is being provided as a “non-equity grant.” With the h...

NFT Marketplace SuperRare Lays Off Staff After Over Hiring

SuperRare CEO John Crain claims they made the mistake of overhired. SuperRare collected over $250M in digital art and $3M in artist royalties paid. SuperRare, a Non-Fungible Token (NFT) marketplace, h...

DOJ Files Charges Against Alleged Mutant Ape Planet NFT Rug Pull

The U.S. Justice Department announced Thursday it had arrested and filed criminal charges against the founder of an NFT project it alleges “rug pulled” holders and defrauded them of $2.9 million in cr...

NFT Steez and Lukso co-founder examine the implications of digital self-sovereignty in Web3

Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. The first is federated ...

Industry seeks solutions for NFT image-hosting disasters

The image-hosting aspect of nonfungible tokens is in need of major improvements. First, people saw NFTs on FTX break after it declared bankruptcy. More recently, NFTs on the marketplace Magic Eden sho...

NFT Sales in 2022 Nearly Matched the 2021 Boom, Despite Market Crash

Despite months of declining sales and falling prices, overall NFT sales volume last year nearly matched the 2021 peak, according to data from DappRadar. A buzzy start to the NFT market in 2022 buoyed ...

Pi Listing, Trump NFT and Ripple’s Wins

Crypto News: Here are the most popular stories from across the cryptosphere as featured on BeInCrypto this first week of the new year. False Pi Listings Reports that Huobi and XT.com were listing the ...

Sports Giant Fanatics Sells Off Its Majority Stake in NFT Startup Candy Digital

Sports merchandising giant Fanatics has divested its majority stake in NFT firm Candy Digital, according to a company memo obtained by Decrypt. Fanatics CEO Michael Rubin informed employees of the mov...

Fanatics Selling Its 60% Stake in Sports NFT Firm Candy Digital: Report

But Fanatics’ CEO Michael Rubin wrote in the internal email that “Divesting our ownership stake at this time allowed us to ensure investors were able to recoup most of their investment via cash or add...

Thailand NFT Market Intelligence and Future Growth Dynamics Databook 2022: 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels 2019-2028 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Thailand NFT Market Intelligence and Future Growth Dynamics Databook – 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels – Q2 2022” report has been added ...

Mutant Ape Planet NFT developer arrested for fraud: All you need to know

Aurelien Michel, the creator of Mutant Ape Planet, has been arrested in New York. Michel is being charged with defrauding investors to the tune of $2.9 million. U.S. authorities have arrested the man ...

Ben Mezrich Is Writing a Book About the NFT Craze

Ben Mezrich is an author who wrote the book, “Bitcoin BTC Billionaires,” which talks about the rise of the Winklevoss Twins from their early days trying to develop what would eventually turn into Face...

How To Get Passive Income Using NFT Photography Platforms?

NFT Photography Platforms are quickly gaining popularity and becoming a favorite option for photographers to monetize their work. That’s because NFTs (Non-Fungible Tokens) are digital assets that can ...

Venly eases the Avalanche NFT transactions for Shopify merchants

Avalanche NFTS is, at the present point in time, obtainable for all of the millions of merchants linked to Shopify. This is achievable with the utilization of Venly Shopify NFT, which happens to be a ...

New COTI Partnership to Enable NFT Payments with Cardano Stablecoin DJED

– Advertisement – The launch of the stablecoin on Cardano’s mainnet is expected to occur this month. COTI, a blockchain payment platform and the official issuer of Cardano’s algorithmic st...

Mutant Ape Planet NFT developer charged with fraud for selling ‘worthless asset’

The Department of Justice for the Eastern District of New York unsealed a criminal complaint on Jan. 5 against  Mutant Ape Planet developer Aurelien Michel for defrauding investors. Michel was arreste...

Founder Of Multi-Million Dollar NFT Rugpull ‘Mutant Ape Planet’ Facing Fraud Charges

Federal charges are coming down on a twenty-four year old NFT project developer who rug pulled his NFT collection, running off with nearly $3M in funds. It’s the latest federal pursuit of crypto rugpu...