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Category: NFT
Live NFT News Updates.
Unique Network Leads the Way in Cross-Chain NFT Transfers on Polkadot
Singapore, Singapore, September 18th, 2024, Chainwire Parachains and developers can register now to test NFT XCM functionality and get an exclusive first look at this innovation in action. Unique Netw...
SEC Hits Flyfish Club With Charges for Unregistered NFT Offering
The U.S. Securities and Exchange Commission (SEC) has charged Flyfish Club for conducting an unregistered offering of crypto asset securities through non-fungible tokens (NFTs), raising $14.8 million ...
Hester Peirce Slams SEC for ‘Misguided and Overreaching’ Cases in Flyfish Club NFT Dissent
U.S. Securities and Exchange (SEC) Commissioners Hester Peirce and Mark Uyeda have slammed the SEC over an “endless series of misguided and overreaching cases” in a recent statement. The d...
SEC commissioners argue securities laws are unnecessary in Flyfish NFT case
SEC Commissioners Hester M. Peirce and Mark T. Uyeda criticized the regulator’s enforcement action against the Flyfish Club non-fungible token (NFT) collection. In a Sept. 16 letter, the commissioners...
This is Why Animoca Brands Joins Magic Eden’s NFT Launchpad
Hong Kong-based Animoca Brands has partnered with NFT marketplace Magic Eden to introduce a new platform for launching non-fungible tokens (NFTs). This move comes despite growing concerns over the fut...
Gamma Unveils First Unified Platform for Bitcoin L1 and Stacks L2 NFT Collectors
A prominent NFT and Ordinals platform Gamma has recently announced the exclusive integration of both Bitcoin Layer 1 Ordinals as well as Stacks Layer 2 NFT. In this respect, Gamma now combinely offers...
Animoca Brands and Magic Eden to reveal MocaMagic NFT launchpad in Q3 2024
Mocaverse targets a Q3 2024 date for the unveiling of MagicMoca, its new NFT launchpad. The Animoca Brands’ premier consumer platform said it will be teaming up with popular NFT marketplace Magic Eden...
Digital Chamber rallies support for NFT act amid SEC scrutiny
Digital Chamber is calling on U.S. crypto users to support a new bill that would classify non-fungible tokens (NFTs) based on their use cases. The goal is to protect the burgeoning non-fungible token ...
X Empire Completes NFT Voucher Minting on Telegram Platform
The highly sought minting process for X Empire’s NFT vouchers has officially concluded which marks a significant milestone in the lead-up to the game’s token launch. After processing all valid request...
Mocaverse and Magic Eden to Launch MagicMoca NFT Platform, Adopts MOCA Coin
Zach Anderson Sep 17, 2024 10:51 Mocaverse and Magic Eden announce MagicMoca NFT launchpad, adopting MOCA Coin for transactions, aimed at enhancing the NFT ecosystem. Mocaverse has unveiled a strategi...
SuperRare Expands NFT Art Market
SuperRare has emerged as a prominent player in the NFT ecosystem, channeling approximately $90 million into digital art and disbursing around $3 million in royalties to artists. Launched initially as ...
Digital Chamber Supports New NFT Legislation Amid Gary Gensler Criticism
The introduction of the New Frontiers in Technology Act (NFT Act) by Congressman Timmons has garnered support from Digital Chamber. This legislative effort marks the first direct address by the US Con...
SEC Faces Backlash Over $750K Settlement with NFT Club Flyfish
SEC scrutiny increases on NFTs, raising industry concerns. Flyfish NFTs deemed securities; $750,000 SEC settlement enforced. Two U.S. Securities and Exchange Commission (SEC) commissioners have expres...
US SEC Fines Flyfish Club $750K for NFT Sales Violations
The U.S. Securities and Exchange Commission (SEC) has issued an order against Flyfish Club, LLC, for the unregistered sale of non-fungible tokens (NFTs). The decision has drawn criticism from within t...
Flyfish Club NFT Sale Violates Securities Laws, Faces $750K Fine By SEC
Key Points: The SEC charged Flyfish Club for raising $14.8 million through unregistered NFT sales, which it deemed as securities. SEC Commissioners Peirce and Uyeda dissented, arguing that the Flyfish...
Flyfish Club settles with SEC for $750,000 over unregistered NFT offering
The Securities and Exchange Commission (SEC) has reached a settlement with Flyfish Club – the company behind a high-profile NFT-based restaurant membership project. The agreement requires Flyfish to p...
Trump’s Shift on Cryptocurrency: How Polygon-Powered NFT Sales Changed His Perspective
During Monday’s World Liberty Financial launch event organized by COINOTAG’s sister enterprise Rug Radio, former U.S. President Donald Trump revealed a significant shift in his perspective on cryptocu...
Trump Discusses the Success and Artistic Value of Trump NFT Series on WLFI Broadcast
On September 17, during a live broadcast with the crypto project World Liberty Financial (WLFI), former President Trump expressed his views on NFTs, likening them to “a beautiful work of art.” Trump e...
Flyfish Club Fined $750K by SEC for Unregistered NFT Sales Amid Growing Regulatory Scrutiny
The U.S. Securities and Exchange Commission (SEC) has taken enforcement action against Flyfish Club, LLC for the unregistered sale of non-fungible tokens (NFTs). This move has sparked internal debate ...
Flyfish Club Settles SEC Charges Over Unregistered NFT Sales, Agrees to Destroy All Flyfish NFTs
Flyfish Club, an NFT project, has settled with the U.S. Securities and Exchange Commission (SEC) by agreeing to pay $750,000. The SEC claimed that Flyfish Club performed an unregistered offering of cr...
DeGods NFT Platform Launched Token With New Focus Is Meme Coin
Key Points: The DeGods NFT platform has consolidated its collections into a single token called DEGOD. While some support the move due to the declining NFT market, critics argue it overlooks the impor...
StandwithCrypto Launches $6 Million Legal Defense Fund for NFT Creators
StandwithCrypto Launches $6 Million NFT Creator Legal Defense Fund: Stand With Crypto, a cryptocurrency advocacy group, has announced the launch of a $6 million legal defense fund aimed at protecting ...
DEGOD Token by DeGods Launches with Impressive $65.3M Market Value on Solana’s NFT Market
COINOTAG news reported on September 16 that the DEGOD token from DeGods has officially commenced trading. It is currently valued at $0.006524, achieving a market capitalization of $65.3 million with $...
Magic Eden Advances in NFT Market
Despite a downturn in the NFT market since its zenith two years ago, Magic Eden has sustained its growth trajectory. CEO Jack Lu predicts that 2024 will be a landmark year for the company. Entering th...
CryptoPunk Leads Top NFT Sales With $685K Record in Last 7 Days
CryptoPunks dominate the NFT landscape, capturing the market attention with remarkable sales. The week’s best sale was undoubtedly CryptoPunk #6634, which totalled $685,120. This further shows the pub...
Coinbase-Led Advocacy Group Launches Legal Defense Fund for NFT Projects
A digital assets advocacy group backed by Coinbase is launching a multimillion-dollar legal defense fund for non-fungible token (NFT) projects. In a new thread on the social media platform X, Stand Wi...
Solana Dominates NFT Space with Launch of DeGods Tokens in Partnership with Sniper
On September 16, COINOTAG reported that Solana-based NFT project DeGods unveiled a collaboration with the NFT marketplace Sniper to introduce DEGOD tokens, effectively unifying their ecosystem. At app...
Magic Eden Thrives Amid NFT Market Decline with Expanding Multi-Chain Support for Bitcoin and Solana
The NFT market may have seen a downturn in recent years, but Magic Eden has emerged stronger than ever. The company’s adaptive strategy has allowed it to thrive despite a general market decline. “2024...
Mint Blockchain Sees Surge In NFT Activity With Over $294K In Trading Volume In 30 Days
Mint Blockchain is rapidly becoming one of the fastest-growing Layer 2 networks, with bridge deposits up 10.7% in the past week. In addition to its growing presence, the platform has seen remarkable a...
Overall NFT Sales Decline Amid Major Swings in Top Collections
According to DappRadar statistics, NFT market sales for the last week came to $74.86M. With sales of $5.39 million, an increase of 9.45%, Cryptopunks topped the charts. Another decline in NFT market s...
Coinbase Launches NFT Legal Defense Fund Amid SEC Pressure
Coinbase’s political advocacy group, Stand With Crypto, has launched the Creator Legal Defense Fund to support non-fungible token (NFT) projects. Announced in a September 13 post on X (formerly Twitte...