NFT creator Pak is joining forces with Wikileaks to release an NFT collection, the proceeds from which will go towards Julian Assange’s defense funds. Pak Collabs With Julian Assange The auction for ...
Tag: NFTs
Deepak Chopra Bridges Wellness And Art With NFTs
In 2021, Non-fungible tokens (NFTs) escalated, netting an estimated 10.7 billion dollars. NFTs can be summed up as digital assets on a blockchain, ranging from; artwork, profile pictures, generative a...
US Treasury Department Concerns NFTs Crime of Money Laundering
The growing popularity of digital artworks as highly valued non-fungible tokens (NFTs) is now a major financial red flag as the United States Treasury Department believes they could be a vital tool fo...
Cryptocurrencies, NFTs Or NFT Stocks – What Is The Best Investment
Nowadays everyone is looking for valuable assets to invest their hard-earned money in to avoid having to use banks and massive piles of cash. Nowadays investing in gold isn’t really the most viabl...
VC Paul Graham Comes in Support After Gaming Marketplace Called NFTs Scam
The latest prominent name to jump in favor of the non-fungible token (NFT) sector is none other than the American computer scientist and venture capitalist Paul Graham. VC Defends NFT Sector In his la...
NFTs & Web3 Will Be Hot in 2022: Mike Novogratz
Galaxy Digital’s founder and CEO Mike Novogratz is an NFT advocate who expressed his enthusiasm for the industry in a public speech. Mike has a strong belief that NFT will be the unquestionable leader...
Chainalysis Detects ‘Significant’ Wash Trading Using NFTs – News Bitcoin News
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors...
Venture Capitalist Paul Graham Defends NFTs
Alex Dovbnya Paul Graham wants you to be open-minded about non-fungible tokens Prominent American venture capitalist Paul Graham believes that it is foolish to outright dismiss non-fungible tokens (NF...
Crypto, NFTs suffering ‘some’ money laundering, manipulative flows inflating prices
Non-fungible tokens have seen a “significant” rise in manipulative practices that exaggerate prices, liquidity and launder money, according to new data — a growing fear as the sector turns...
NFTs Sees Increase in Manipulative Trading Practices: Chainalysis
Non-fungible tokens (NFT) have witnessed a rise in malpractices as the sector turns increasingly volatile, blockchain analytics platform Chainalysis reported. The platform published a report that said...
NFTs seems not much profitable for most traders
NFTs, the millennial innovation in the crypto ecosystem, found its true utility last year. Several pixelated arts have been sold for millions of dollars. Besides it is also observed that the interest ...
US Treasury Warns NFTs May Present New Illicit Finance Risks – Bitcoin News
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more ...
U.S. Treasury Department Issues Warning, Says NFTs May Be Used for Money Laundering
The U.S Treasury Department is issuing a warning to investors that non-fungible tokens (NFTs) could be used to launder money. In a new study, the agency says that the ability to transfer NFTs instanta...
NFTs Can be Used for Money Laundering, Says U.S. Treasury Department
A new report by the United States Department of the Treasury has revealed that the burgeoning non-fungible token space could be a conduit for money laundering. It says in the report that the increasin...
US Treasury targets NFTs for potential high-value art money laundering
The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financ...
Are NFTs an animal to be regulated? A European approach to decentralization, Part 1
Nonfungible tokens (NFTs) are constantly in the news. NFT platforms are springing up like mushrooms and champions are emerging, such as OpenSea. It is a real platform economy that is emerging, like th...
Indian couple exchanged wedding vows as NFTs
An Indian couple has uniquely digitized their wedding. The couple integrated non-fungible tokens (NFTs) in their event. The NFTs will run on the Ethereum blockchain. The couple, Shruti Nair and Anil N...
Coachella and FTX to Sell Lifetime Festival Passes as Solana-based NFTs
The multi-day music and arts festival held in California – Coachella – partnered with the crypto exchange FTX to introduce non-fungible token (NFT) collections to fans. The digital collectibles are bu...
Nike Sues StockX Over Latest NFTs
It’s been less than a month since we first covered online sneakerhead and hypebeast cultural hub StockX and their first formal foray into NFTs, with the ‘StockX Vault.’ In an effort to seemingly token...
Nike Sues StockX for Infringing NFTs; Teases New Virtual Products
Last week, Nike (NYSE:NKE) filed a lawsuit for trademark infringement against sneaker resale giant StockX for selling its “Vault” NFTs without authorization. In the federal complaint filed on Thursday...
Muscle and Roid Enthusiasts bring NFTs to the Crypto Space
Floki Steroid, a meme NFT, has managed to dive into the crypto world and promote itself across the space. FlokiSteroid is brought to you by a couple of crypto, muscles and roid enthusiasts. Flokistero...
NFTs construct virtual economies to stay relevant in 2022
As NFT projects prepare to embark into the Metaverse, it seems they are pivoting from their static imagery to integrating mechanics that provide utility. Notably, Bored Ape Yacht Club has amassed over...
Ferrari Looking at Blockchain Technology and NFTs, Admits CEO
Benedetto Vigna – Chief Executive Officer of Ferrari – opined that the blockchain and NFT industry are niches that “deserve some attention.” As such, the exec hinted that the luxury sports car manufac...
Konami to Keep Selling NFTs to ‘Preserve Content’ – Bitcoin News
Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results meeting, Konami touched briefly on the subject of NFTs, and expl...
How this woman made over $100,000 selling NFTs
A widely held belief among crypto enthusiasts is that the industry is going to change the lives of people for good. And this has been the case with the many stories we find online. Brittany Pierre, a ...
Treasury Weighs In on NFTs and Art Crime
Key Takeaways The U.S. Treasury warned today that the NFT art market is susceptible to money laundering and other types of fraud. It also suggested that some (but not all) NFTs can be considered virtu...
Treasury Department warns NFTs may be used money laundering
advertisement The United States Department of Treasury released a report describing how the non-fungible tokens (NFT) art market fits into money laundering schemes. The Treasury writes that while NFT...