Sat, November 2

LooksRare Community on Fire, as Core Team Cashes Out $30M WETH

LooksRare core team takes off $30 million worth WETH. As a result, the community thrashes on Twitter against LooksRare.  LOOKS token price in the fall. Ever since it’s launch, the LooksRare NFT marketplace was indeed praised all over the Non Fungible Token (NFT) community. Within just a few days, since

February 15, 2022 2 mins read

UK Authorities Confiscate 3 NFTs Worth $1.9 Million Suspecting Tax Evasion

Earlier this week, the United States recovered $3.6 billion in stolen Bitcoin. Last year, NFT’s made multimillion-dollar sales at Christie’s and Sotheby’s. The UK’s tax agency seized three non-fungible tokens worth 1.4 million pounds ($1.9 million) as part of a suspected case of value-added tax fraud, the first internal legal

February 15, 2022 1 min read

NFT Marketplace Cent Discontinues Activities Due to Rising Plagiarism Issues

Hejazi likened the experience to a game of “whack a mole.” NFTs of tweets are still being traded on the platform’s NFTs of tweets section. Cent, an early marketplace for tokenizing and selling tweets, has stated it would cease almost all of its operations owing to plagiarism concerns. The firm

February 14, 2022 1 min read

YouTube Plans to Monetize Creators Content With NFTs

Mohan says he wants to take a deliberate approach regarding Web3 integration. A new monetization option for content providers might be to sell videos as NFTs. Neal Mohan, Chief Product Officer, posted a blog post detailing YouTube’s plans for new products and services in 2022, highlighting the company’s interest in

February 11, 2022 2 mins read

Florida House To Be Sold as NFT Through Online Auction Starting at $650,000

DeFi Unlimited co-founder Leslie Alessandra owns the property. A Spanish-inspired home that will be auctioned off online starting at $650,000. A Tampa Bay home in Gulfport will be auctioned off Tuesday as the first piece of U.S. real estate auctioned as an NFT. 6315 11th Ave. S in Gulfport, Florida,

February 7, 2022 1 min read

Three Promising NFT Tokens Ready To Deliver Profit In 2022

The entire world is aware of the crypto industry and its structure of the process. According to the crypto sector, success is measured with the small-phrase “buy low, sell high”. Those who actually win doing this action, then they are rich but the trading pattern doesn’t work that way. Predicting

February 7, 2022 3 mins read

U.S. Treasury Department’s Report Says NFT Can Be Used for Money Laundering

Buyers and sellers set the price of a product, not the market. Lack of expertise in consumer identification and verification in this arena. U.S. Treasury Department’s latest research has shown that non-fungible tokens (NFTs) might be used to facilitate money laundering. According to a study, digital art may launder money

February 6, 2022 1 min read

Nike Fights StockX Over NFT IP

Nike takes legal action against StockX. StockX has repeatedly sold numerous NFTs with Nike logo and branding.  NFT IP battles are becoming more common than ever. The mere concept of Non Fungible Token (NFT) has always been full of controversies. Ever since it started off, beginning with art works, the

February 6, 2022 2 mins read

US Treasury Fears NFTs for Money Laundering and Financing Terrorism

US Department of Treasury fears over NFTs. Many illegal money launderings and even terrorsim financings are ought to take upon NFTs.  MsCryptoMom fully confident in the positive abilities of both DeFi and NFT. As the world grows, amidst technological developments entering new era’s with the passing of every year and

February 6, 2022 2 mins read

Wildlife Conservation NFT Collection Launched by WildEarth

Polygon uses just 0.0003 kWh for each transaction. Natural animal habitats will be the primary focus of this collection of NFTs. WildEarth has launched a comprehensive NFT mint to benefit endangered animals and wildlife rescue organizations worldwide. The Wildlife Conservation collection is dedicated to a worthwhile goal: protecting wildlife from

February 3, 2022 1 min read