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Non Fungible Tokens

US Treasury says NFTs ‘highly susceptible’ to fraud and scams, calls for platform controls to fight money laundering

by Walter Watson
US Treasury says NFTs ‘highly susceptible’ to fraud and scams, calls for platform controls to fight money laundering

A US government report released Wednesday found non-fungible tokens (NFTs) to be “highly susceptible to use in fraud and scams”, urging for more regulations to be considered on these digital …

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Built On An $6 Million NFT Scam? AI Company Accused Of Fraud

by Isaac Wright
Built On An  Million NFT Scam? AI Company Accused Of Fraud

Youtuber and Internet investigator Coffeezilla has called out Artificial Intelligence (AI) company Rabbit for allegedly being built on a $6 million non-fungible token (NFT) scam. The company is accused of …

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Biden, Trump meme coins are on wildly different trajectories

by Isaac Wright
Biden, Trump meme coins are on wildly different trajectories

A meme coin parodying President Joe Biden is up almost 271% over the last 30 days. Meanwhile, digital assets tied to former President Donald Trump — scheduled to appear in …

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Ubisoft joins XPLA network as blockchain validator

by Isaac Wright
Ubisoft joins XPLA network as blockchain validator

Ubisoft, the company behind global video game hits such as Assassin’s Creed and Just Dance, has officially partnered with the XPLA network, assuming the role of a node validator.  The …

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Shibarium Transaction Activity Spike Amid Market Growth

by Isaac Wright
Shibarium Transaction Activity Spike Amid Market Growth

Shiba Inu layer 2 blockchain platform Shibarium, has witnessed a notable surge in transaction activity carried out on the platform, with its daily transaction performance reaching a new monthly high. …

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China seeks revision of anti-money-laundering law to address risks related to cryptocurrencies and other virtual assets

by Anas Siddiqui
China seeks revision of anti-money-laundering law to address risks related to cryptocurrencies and other virtual assets

China will soon implement revisions to its outdated Anti-Money-Laundering (AML) Law, in a move that legal experts see as a way to address the growing risks associated with virtual assets. …

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New Ethereum standard ERC-404 gains steam, first token skyrockets 12,000% in days

by Isaac Wright
New Ethereum standard ERC-404 gains steam, first token skyrockets 12,000% in days

ERC-404’s build seeks to merge cryptocurrency and NFT functionality, but Ethereum observers are concerned about gas optimization and rug pulls already taking place. Pandora, the first asset under an experimental …

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Artists face $9m penalty in Yuga Labs, Bored Ape lawsuit

by Isaac Wright
Artists face m penalty in Yuga Labs, Bored Ape lawsuit

Artists Ryder Ripps and Jeremy Cahen faced a setback in their legal battle against Yuga Labs, the creators of Bored Ape Yacht Club (BAYC). A recent court filing dismissed their …

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How To Create And Mint Your Own NFTs On The Ethereum Network

by Isaac Wright
How To Create And Mint Your Own NFTs On The Ethereum Network

The allure of creating your own NFTs and BRC-20 tokens is undeniable. For artists, owning and monetizing their digital creations through NFTs offers a new level of control and potential …

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OpenSea CEO teases acquisitions amidst NFT market shakeup

by Isaac Wright
OpenSea CEO teases acquisitions amidst NFT market shakeup

OpenSea chief executive officer Devin Finzer has disclosed that the New York-based marketplace for non-fungible tokens (NFTs) is open to M&A opportunities. In an interview with DLNews, Finzer revealed that …

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