NFTs aren’t dead — they’re just resting
The market for nonfungible tokens (NFTs) might be struggling during this "NFT Winter," but there are signs of life if you know where to look.
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Bitcoin Ordinals volume hits $210M in Q2 – DappRadar
The advent of Bitcoin Ordinals NFT inscriptions led to more $210 million in trading volume through the first half of 2023.
Chinese court says NFTs are virtual property protected by law
The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs.
Nifty News: China’s lockdown protest NFTs emerge, Candy Digital cuts staff, and more
Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies.
MATIC price eyes 200% gains on Polygon adoption by Instagram, JPMorgan
Polygon's list of high-profile partners is getting longer with Disney, Starbucks and Robinhood already boarding its blockchain.
Nifty News: GameStop NFT market goes live, Hong Kong’s NFT concept and more
The latest Web3 offering from GameStop sees the official launch of its NFT market, and the Hong Kong government is testing a proof-of-concept NFT at a convention.
New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges.
Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more
The largest NFT marketplace is facing headwinds from its competition as OpenSea sees its market share slip whilst its rivals gain significant ground.
IRS introduces broader ‘Digital Assets’ category ahead of 2022 tax year
An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new 'Digital Asset' category.
Bored Ape creators and other NFT projects investigated by SEC probe
A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.”