PayPal has revised its merchant-focused vendor protection program to exclude NFT transactions that run above $10,000. Based on the changes introduced to the guidelines on February 11, the policy will become effective from March 21. The update emphasized “revising PayPal’s Seller Protection program to expand the list of
In a rather unexpected move, the New York Stock Exchange (NYSE) has filed an application with the US Patent and Trademark Office (USPTO) to build its own NFT marketplace. The trademark application suggests that the exchange is looking to provide an online marketplace for various digital goods including NFTs, cryptocurrencies,
Solanalysis is expanding its operations within the Solana ecosystem. The Solana-centric NFT data site has rebranded to Hyperspace, purchasing a new domain – Hyperspace.xyz). Plans are also on the way to build an NFT marketplace aggregator. Solanalysis began its operations tracking top NFT collections deployed on the Solana blockchain. However,
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Much to the delight of punters, online gaming platforms often quickly embrace emerging technologies to enhance user experience. It is necessary, especially for an industry that grossed over $180 billion by the close of 2021. However, with the dawn of the metaverse and Web3, gamers are demanding a more level
Although tax reporting requirements for NFTs and cryptocurrencies have remained a murky and gray area, UK tax authorities are moving to close the gap. HM Revenue and Customs (HMRC), the chief tax authority in the United Kingdom, has made three arrests and NFT seizures in relation to suspected tax evasion.
NFT News
Selfies seem to be out of trend now. Technologically enriched Novatars will soon replace them. The recent Novatar collection breakthrough on the Times Square billboards shows the expanding interest in the NFT avatars. How awesome is this?! So glad I’m apart of this! @thenovatar you guys are are doing
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With Industry-Proven Experience Helping Start-Ups Expand, Greg Gopman Is A Strong Pick To Lead Ankr To Become More Decentralized And Become A Pillar In the Web3 Community San Fransisco, California - February 16, 2022 - The Ankr multi-chain Network has named Gregory Gopman, a prominent figure in the decentralized internet
NFT News
Bored Wukong, a Chinese NFT project that bears a stunning resemblance with the Bored Apes NFTs, has been called out for copying the popular NFT collection. South China Morning Post reported that the project received some backlash from the public last week following plagiarism accusations that made rounds on popular
According to a Reuters report, Cent, the NFT platform that sold a tokenized version of Jack Dorsey's first tweet for $2.9 million, is halting most of its services for the time being until it can stop vendors from selling other people’s content. Cent co-founder and chief
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For the second consecutive year, mining giant Nornickel became the only Russian company to be included in Forbes Blockchain 50, the list of global digitization leaders. In recent years, the company has been pushing for the digitalization of assets by creating financial products both for investors in Europe and for
On Monday, Sungkyunkwan University announced that NFT certificates would be issued at its graduation ceremony on the 16th of this month. Three students who won in-school competitions will be the recipients of the NFTs. This is arguably the first time a domestic university is tapping on NFT tech to produce
How much can you spend on an NFT? Well, a bandana-wearing CryptoPunk has smashed previous sales records after being sold for 8,000ETH on Saturday. Deepak Thapliyal, the CEO of blockchain firm “Chain,” is the new owner of the CryptoPunk. He spent nearly $24 million to acquire CryptoPunk #5822, explaining
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Say you’ve invented a new product. Something the whole world has been waiting for. It could change the lives of millions of people for the better. To bring your vision to life you need funding. Maybe a few million dollars, or more. The only problem is, you don’t
Thrilled by the success NFT creators have had with their digital arts, French truffle grower Bernard Planche has decided to use an NFT auction to sell one of the largest truffles ever unearthed. The auction will be conducted on OpenSea, and the bidding ends today. The winner can pay for
Otaku Klub NFT, the world’s first-ever Japanese anime NFT project with real utilities, including a crypto game and a mangaverse, is launching in the second quarter of 2022. The Otaku official site announced that a presale would take place 24 hours before the general sale, and members of the
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Despite all of the fintech innovations and the fact that the world as we know it is being disrupted, there are still relatively few authoritative frameworks that chart the history of cryptocurrencies and their rapid evolution from 2008 onwards. The world is still trying to get its head around Bitcoin