Winklevoss Twins Close NFT Marketplace, Indicating the Decline of Crypto Art
Gemini Shuts Down Nifty Gateway Gemini, the cryptocurrency exchange run by Tyler and Cameron Winklevoss, has announced that it will be closing Nifty Gateway, a non-fungible token (NFT) marketplace they acquired in 2019. Currently, Nifty Gateway is only allowing withdrawals and will be completely shut down by February 26th. The decision aims to help Gemini […]
American Express now provides NFT passport stamps for travelers
American Express Launches Blockchain-Based Travel Stamps American Express has introduced a blockchain-based travel stamp for its customers, serving as digital souvenirs of their journeys. These travel stamps are stored as NFTs on the ERC-721 standard, utilizing an Ethereum Layer-2 framework. They help users keep a record of their travel history and cherished memories from their […]
Intense NFT buying activity is happening as CryptoPunks and Penguins rise.
Investors flock to NFTs after major sales surge Investors have been diving into non-fungible tokens (NFTs) following a significant buying spree of Blue Chip NFTs on Sunday. This activity was further bolstered by a rally in the broader crypto market. According to data from Coingecko, the leading NFT collection, Cryptopunks, saw its market cap rise […]
Yuga Labs Demands $400K in Influencer’s Crypto Wallets Over NFT Lawsuit – Decrypt
Simply put Yuga Labs is seeking sales of Crypto influencer Jeremy Cahen in about $400,000 in Bitcoin, Ethereum and Pepe. The court previously ruled that Cahen and artist Ryder Ripps were infringed by Yugalab’s boring Ape Yacht Club trademark. Yuga Labs accused Cahen of “ock laughing” the court’s decision. Available at Yuga Labs Submit A […]
Pennsylvania man pleads guilty to flipping more than $13M of digital art from infamous NFT collection — and reporting zilch to IRS
He grew from pixelated punks, and in the process he punctured the Internal Revenue Service. The Pennsylvania man faces federal prison after pleading guilty to turning over $13 million in digital art from the infamous Cryptopunk NFT collection and will not report it to the IRS, prosecutors said. Waylon Wilcox, 45, of Dillsburg, pleaded guilty […]