Category: NFT
Pudgy Penguins Deny Rumors of OpenSea Acquisition Amid Social Buzz
Pudgy Penguins denies OpenSea acquisition rumors, urges fans to focus forward. Viral 2024 post by CEO Netz reignites OpenSea acquisition gossip. Head of Security Beau…
Is NFT Fever Back? Sales Boom Shakes Up the Market
NFT trading volume hits record levels across multiple collections. The sales of CryptoPunks increased by more than 11,700 percent, which rallied the market. High demand…
NFT Sales Plummet 18% as Polygon Outshines Ethereum
NFT sales fell 18.43% to $116.9M, per CryptoSlam data. Polygon outpaced Ethereum with $23.3M in NFT sales. Courtyard on Polygon led with $17.4M, driven by…
Nike Sued for Over $5 Million After NFT Collapse
Nike faces a $5M+ lawsuit after shutting down its RTFKT NFT unit. Nike pledges to preserve RTFKT’s innovation despite facing legal challenges. Nike is facing…
CyberKongz Escapes Charges as SEC Wraps NFT Gaming Probe
SEC concludes 27-month probe into CyberKongz, enabling rebrand. CyberKongz plans an innovation focus post-investigation closure. The SEC has ended its investigation into CyberKongz, a large…
CryptoPunk NFT Seller Admits Guilt in $13M Tax Fraud Scheme
Waylon Wilcox hid $13M in CryptoPunk profits, evading $3.3M in taxes. The IRS is tightening its cryptocurrency control to combat NFT tax evasion. A Pennsylvania…
Bybit to Shut Down NFT, Inscription, and IDO Services
Bybit shuts NFT, Inscription, and IDO services, urging asset transfer. Bybit’s shutdown focuses on regulatory compliance and reducing operational risks. Bybit has announced the closure…
Why CS Skins Still Thrive While NFTs Fizzled Out
Remember when NFTs were the thing? Everywhere you looked, there was a new project, a new “must-have” digital collectible, and people throwing around words like…
SEC Ends Yuga Labs Probe with No Charges
Story Highlights SEC closes Yuga Labs investigation without penalty or charges. The decision supports the position that NFTs are not securities. The SEC’s kinder stance…
