Tax season: does the IRS know if you trade crypto? Is your NFT sale or mining income taxable?

Hello! Welcome back to Distributed Ledger, our weekly crypto newsletter that reaches your inbox every Thursday. I’m Frances Yue, crypto reporter at MarketWatch. It is tax season in the U.S., and I’ll ...

Larva Labs Prepares for Potential NFT Copyright Infringement Lawsuit?

Larva Labs is facing backlash concerning the authenticity of Punks, stemming from its failed V1 CryptoPunks project and its newly launched V2 CrytoPunks. Confusion has spread throughout the CryptoPunk...

NFL to offer virtual NFT tickets at Super Bowl in Los Angeles

The NFL announced officially on Wednesday that each fan who attends Super Bowl LVI in Los Angeles on Feb. 13 will receive a unique customized nonfungible token (NFT). The NFT will feature their unique...

Disney Seeks Manager To Help Lead Company’s Efforts in the Non-Fungible Token (NFT) Space

Disney appears to be interested in jumping into the non-fungible token (NFT) space. The entertainment giant is currently advertising for an open “business development” manager position. The position r...

Gulfport Home Will Become First to Be Sold as NFT in the United States

A Tampa Bay home in Gulfport will be auctioned off Tuesday as the first piece of U.S. real estate to be auctioned as an NFT. The Spanish-inspired Gulfport property, located at 6315 11th Ave. S will st...

Fan Controlled Football Drops Groundbreaking “Ballerz Collective” NFT Collection

Los Angeles, United States, 5th February, 2022, Chainwire Four Separate Collections Providing Never Before Seen Governance and Real World Utility First and Only NFT that Puts Holders in Control of Pro...

Axie Infinity Making Big Changes to Fix Its Ailing Play-to-Earn NFT Economy

In brief Axie Infinity surged in popularity last year, but has seen declining token price, NFT valuations, and trading volume lately. Ethereum NFT game Axie Infinity will institute a number of economi...

3 things every NFT investor should know to avoid a tax nightmare

2021 will be remembered as the year of nonfungible tokens (NFTs). In a year where names like Beeple and Bored Ape Yacht Club dominated the headlines, it’s estimated that NFTs have generated more than ...

Kryptomon & Binance NFT Mystery Box Sale Event: Round 2 Confirmed

Amsterdam, Netherlands, 5th February, 2022, Chainwire Kryptomon returns to Binance NFT for a second round of its famous NFT eggs sale Kryptomon, a rising star in the world of NFT “Play & Earn cryp...

NFT marketplace alternatives other than OpenSea

NFT marketplace leader OpenSea has several competitors in its list  Sudoswap, LooksRare, gem.xyz and Coinbase NFT marketplaces have come up  OpenSea’s platform is not bug-free that has led investors i...

Baby Doge, TSG Hoffenheim Partner to offer NFT to fans

TL;DR Breakdown Baby Doge partners Hoffenheim to offer NFT to fans. Meme coins developers continue to partner several other sports club. German professional team, TSG Hoffenheim and Baby Doge Coin has...

Depay joins BAYC NFT club following Neymar Jr

NFT from BAYC has been picked up by Memphis Depay in the OpenSea platform  Football players are spending millions on NFT and displaying the same to their fans  Neymar Jr purchased two bored Ape’s in t...

Indian couple celebrates blockchain wedding with NFT vows, digital priest

A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain.  The recently married couple from Pune, India, Shruti N...

Opinion: How to Kill Your NFT Project, Larva Labs Edition

Key Takeaways Larva Labs is the creator of the iconic CryptoPunks NFT collection. The design studio also launched a collection called Meebits last year, banking $80 million in a day. Larva Labs has ta...

The NFT Industry: On Scams, Exploitations And Dealing With The Nitty-Gritty Of The Business

(This is the second part of a three-part deep dive into the current state of the world’s music NFT industry and how it is making an impact on society) NFT scam site HitPiece.com and its founders were ...

Play-to-Earn GameFi Project Mavatrix Sells Out First NFT Collection, Now Live On PancakeSwap

Advertisement &nbsp &nbsp Mavatrix, a reward-based NFT collection on Binance Smart Chain (BSC), is elated to announce it has concluded in minting its first collection of NFTs....

Which NFT Projects Should You Follow in 2022?

NFTs took the cryptocurrency market by storm last year. With numerous artists, athletes, and celebrities like Eminem, Snoop Dogg, John Cena, and Tony Hawk launching their own non-fungible token collec...

One Simple Function Could Ruin Biggest NFT Collection in World: Details

Contents The “vulnerability” NFT industry going through a tough period According to data from the minting smart contract of the world’s biggest NFT collection, Bored Ape Yacht Club, ...

The Lunar Metaverse Debuts Revenue Generating NFT Land Sale

Advertisement &nbsp &nbsp Moon is a brand new economic, and social Metaverse inspired by lunar exploration. Players have the opportunity to acquire NFT land plots, develop a n...

This Year’s Super Bowl Attendees to Get Commemorative NFT Tickets From NFL, Ticketmaster – Bitcoin News

The National Football League (NFL) has announced the American football organization plans to give fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for the upcoming Super Bo...

3 Potential 100x Gems To Watch Out! Can SHIB Skyrocket Along With These Two NFT Tokens! 

The broader crypto space is slowly turning green with the generation of consecutive lower highs. The market leaders Bitcoin and Ethereum are set for higher weekly closes. However, traders appear to be...

Gaming Retail Giant GameStop Partners With NFT Marketplace in Push Towards Crypto Adoption

Video game retail giant GameStop is entering the crypto world through a partnership with an Ethereum-based digital assets marketplace. In a new press release, GameStop says they are teaming up with Et...

This $600K NFT Donation From pplpleasr Impacted Thousands

When Uniswap deployed its third iteration, an Ad about its release was minted as an NFT and auctioned for over $600,000 or 310 ETH. Created by digital artist Emily Yang, the commercial featured unicor...

CryptoPunks Controversy: Creators Apologize for ‘V1’ Ethereum NFT Sales

In brief CryptoPunks creators Larva Labs apologized for selling old “V1” CryptoPunks NFTs from a scrapped smart contract. The firm suggested potential legal action against the community-led project, w...

Disney is looking for a business developer with NFT experience

advertisement Disney — one of the largest media companies in the world — is looking to hire a business development manager experienced with non-fungible tokens (NFTs).  Specifically, the potential can...

Every Bitcoiner’s Worst Nightmare Becomes an NFT

Alex Dovbnya The most infamous Bitcoin tweet is being auctioned as an NFT on OpenSea Early Bitcoin investor Greg Schoen has announced that his legendary tweet, in which he expressed his regret about t...

Florida to become home of the first US real estate NFT in Propy Auction

Taking real estate and mixing it with the world of NFT technology is a recipe for industry transformation. NFTs have now established a new way to represent proof of ownership and this doesn’t just app...

GameStop to roll out a blockchain-based NFT marketplace by year-end

American video game retailer GameStop has partnered with Immutable X, a scaling solution for non-fungible tokens, to build a non-fungible token (NFT) marketplace. GameStop announced this news on Febru...

GameStop Dumps $47M in Immutable X Tokens Following Ethereum NFT Marketplace Deal

In brief GameStop has made over $47 million this week selling IMX tokens that were granted to it by Immutable as part of its partnership agreement. IMX jumped in price after yesterday’s partnership ne...

Baby Doge Signs NFT Partnership With German Top Division Soccer Club Hoffenheim

The German top division soccer club TSG Hoffenheim has announced an NFT partnership deal with the crypto Baby Doge. Bundesliga Club TSG Hoffenheim Signs NFT Deal With Baby Doge As per an announcement ...

1ATH.Studio Announces IggyBoy NFT Official Mint Date on Feb 20th

1ATH.Studio, together with a team of experienced developers, designers, and marketing specialists launched IggyBoy NFT. An exclusive collection of 10,000 IggyBoy NFTs and an additional smaller collect...