Bringing together the best of both worlds, Pos Indonesia, the state-owned postal service of Indonesia, has released its first-ever postage stamps including non-fungible token (NFT) equivalents. “Cenderawasih,” which translates to “bird of paradise,” is the subject of Pos Indonesia’s first NFT stamp, which the organization announced on its Instagram page.
Well, guess what? The NFT space might seem deadly quiet, but it may not be ‘dead.’ The market floor feels shaky and intensely bearish right now. Despite that, there’s a hustle for something fresh, and innovation is brewing. Projects attempt to pivot and explore new horizons. Or try to synergize
A group of OpenSea users has filed a class-action lawsuit in Miami. The lawsuit claims that the popular NFT marketplace sold unregistered securities. This legal action raises significant concerns about the regulatory landscape for NFTs. According to the lawsuit, OpenSea is accused of facilitating transactions that qualify as securities sales.
In the ecosystem of cryptocurrency, the notion of various tokens making frenzied movements in price at the presale phases is revered. The latest Ethereum presale token which is priced below $0.10 has attracted the attention of crypto whales indeed. However, as is common with dynamic assets, the excitement surrounding them
Pudgy Penguins is a prominent Web3 brand featuring a collection of 8,888 non-fungible tokens (NFTs) launched on the Ethereum blockchain. The CEO of Pudgy Penguins recently described the SEC’s crackdown on NFTs as “nonsense,” asserting that he remains unworried by the regulatory actions taken by the U.S. Securities and Exchange
Two U.S. Securities and Exchange Commission (SEC) commissioners have expressed dissent over their agency’s $750,000 settlement with Flyfish Club, a restaurant using non-fungible tokens (NFTs) to sell memberships. The SEC’s Sept. 16 order stated Flyfish conducted an unregistered sale of crypto asset securities by offering 1,600 NFTs, raising $14.8 million.
Another decline in NFT market sales occurred during the last week, with a decline of 7.91% from the prior week. Both the number of buyers and sellers saw significant drops; the former fell by 73.46 percent and the latter by 61.18 percent from the previous week. According to DappRadar statistics,
In a dramatic twist, a CryptoPunks NFT that once commanded $1.5 million was recently sold for a mere $23,000. This sudden and steep decline in value has captured widespread attention and sparked discussions within the cryptocurrency community. The NFT, a highly coveted piece from the CryptoPunks collection, experienced a shocking
PleasrDAO, the crypto investors, and NFT collectors are suspecting Martin Shkreli. He is an American investor and businessman who owns the famous and one-of-a-kind Wu-Tang album “Once Upon a Time in Shaolin”, but has not handed over the existing copies of the album, and his claims are dubious. Martin Shrekli
The funding will accelerate the launch and expansion of Balance, a groundbreaking Web3 infrastructure designed to enhance user experience and drive mass adoption. E-PAL, the world’s leading gaming and social companion platform, has officially unveiled Balance, its new AI-powered blockchain experience platform, following two successful funding rounds led by Andreessen
