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Technology

SEC Charges Creator for Unregistered NFT Sales Amidst Market Struggle

The entire NFT market had its lowest weekly transaction volume in the preceding 2 years. The firm’s unregistered sale of NFTs violated the Securities Act...

NFT Firm Recur Announces Shut Down of the Web3 Platform

Recur had started out on a grand push with Hello Kitty and Friends last July. The firm would be gradually removing essential functionalities from its...

Yuga Labs Parts Ways With OpenSea Over Creator Royalties

The notification states that until February 29, 2024, creator royalties will be mandatory. Royalties will no longer be required for new collections after August 31,...

Coca-Cola Launches ‘Masterpiece’ NFT Collection on Coinbase’s Base

Coca-Cola’s NFT ‘Masterpiece’ collection unites classic and modern artworks. Base collaborates with Atari, OpenSea, and more for daily on-chain collectibles. Coinbase’s recent launch of the Layer-2...

FBI Cautions Against NFT Scammers Impersonating Project Creators

The FBI has published a PSA alerting consumers against non-fungible token (NFT) scams in which fraudsters pretend to be the creators of well-known projects. It...

Sorare Now Accepts Fiat Payments for NFT Trading Cards

The platform has licensing agreements with some of the greatest sports leagues in the world. Sorare announced that the need to pay only in ETH...

Ducati Launches NFT Collection in Collaboration With XRP Ledger

Early access to future collections will be granted to those who get the first drop. Ripple will be used to launch new projects by the...

Reddit Launches New ‘Retro Reimagined’ NFT Avatar Collection

It features hundreds of artists’ takes on the platform’s distinctive “Snoo” alien mascot. Many of the avatars are sold out at this time and vary...

Top NFT Projects By Social Activity 2023

FLOKI: Top NFT project, 2.67K social mentions, significant community engagement. SAND: 1.83K social mentions, high social dominance (0.78%). As the popularity of non-fungible tokens (NFTs) continues...

Christie’s Auction House Partners With Gucci to Launch NFT Collection

The auction house begins accepting bids on July 18 and runs through July 25. The collection uses generative systems like algorithms and AI. Christie’s, the 256-year-old...

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