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USA Treasury Targets NFT for Potential Laundering of High Value Art
The US Department of the Treasury published a study on the high-value art market, highlighting the potential in the non-fungible token (NFT) space to carry out illicit money laundering or terrorist financing operations.The Treasury's "Study into Facilitating Money Laundering and Terrorist Financing ...
New York in New York (United States)
Cuban NFT Artists Say They Fight Censorship Within Cryptocurrency Market
The censorship began in January with the sudden closure of the account of Fábrica de Arte Cubano, an art gallery that showcased emerging artists.However, artists say they continue to be censored due to US sanctions against Cuba, with US based platforms like Open Sea going to extreme lengths to delet...
crypto (NFT)
Solana Spaces store will bring 100,000 people to Solana a month
Thanks to a grant from the Solana Foundation, the first Solana Spaces store opened on July 28 in New York's posh Hudson Yards department store.NIRV, a Solana Based Stablecoin, Drops 85% After Nearly $3.5M ExploitSolana Spaces CEO Vibhu Norby said the new physical Solana stores will introduce up to 1...
crypto (NFT)
Elon Musk Buy Twitter for USD 44,000 million
What Elon Musk's investment could mean for twitter cryptocurrenciesTwitter announced on Monday that it will become a private company after its Board of Directors accepted a Musk offer to buy the firm actions for $ 54.20 per share in cash, about 44,000 million dollars. Although the transaction i...
crypto (NFT)
Netflix Announces New Series About Bitfinex Hack for 120,000 Bitcoin
Streaming and production giant Netflix (NASDAQ:NFLX) will soon produce a documentary series about the notorious Bitfinex hack, one of the biggest financial crimes of 2016 in which 119,756 bitcoin (BTC), worth 72 million dollars at the time.Money is recovered from a Bitfinex hack, but this gives the ...
New York in New York (United States)
Time Studios on Legacy Media and the Birth of NFT
President of TIME, on the media company's recent moves on the Web3. According to Grossman, TIME seeks to modernize the relationship our brand can have with its community.Some of these moves include NFT 1 to 1 creation of its flagship magazine covers, the option for digital subscribers to pay in cryp...
Houston in Texas (United States)
The emblematic Spanish work Don Quixote arrives in the world of NFT
Don Quixote is one of the most recognized works and, according to some experts, the most emblematic of Spanish literature of all time.Currently a group of Spanish programmers and artists are designing the first NTF collection based on Don Quixote, by Cervantes. The idea behind this initiative is tha...
Madrid in Madrid (Spain)
A collection of Nelson Mandela paintings to be auctioned as NFT
The paintings of former South African president Nelson Mandela, known for his fight against apartheid, will be auctioned as a collection of non-expendable tokens NFT.According to British auction house Bonhams, the digital works will go on sale on March 9 at a fixed price of $3,495 for the set or $69...
Córdoba in Córdoba (Argentina)
OpenSea insider use case would make NFT qualify as securities
In a move never before seen in the industry, Manhattan prosecutors charged former OpenSea chief product officer Nathaniel Chastain with insider trading.US Federal Judge Approves Department of Justice Criminal Complaint for Use of Cryptocurrencies to Evade SanctionsThe US Attorney's Office for the So...
crypto (NFT)
Beer, Gaming, and Crypto - Budweiser Enters Zed Run's NFT Games
Budweiser Owner's Investment Division Corona Backs Blockchain ID StartupPopular brewer Budweiser has partnered with Zed Run to develop tokenized Clydesdale draft horses in its NFT-based virtual horse racing and gambling game.Budweiser's latest move comes on top of the $120,000 it spent on a fan art ...
crypto (NFT)
Jack Dorsey and Jay Z Collaborate on an Educational Bitcoin Program in Brooklyn
The free educational program is designed to improve access to financial information and promote opportunities for inclusion.Legendary New York hip-hop artist and producer Jay-Z has joined forces with Cash App founder Jack Dorsey to launch The Bitcoin Academy, an educational program that champions th...
New York in New York (United States)
Price floor of popular NFT collections plummets due to bear market
Selling NFT Not That Profitable For More Than Half Of Buyers, Survey RevealsThere seems to be no respite anywhere in the crypto realm from Monday's extraordinary market sell off. According to data from NFT Price Floor, the floor price of Bored Ape Yacht Club BAYC and CryptoPunks, two of the most pop...
crypto (NFT)
