New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges
Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges. Go to Source Powered by WPeMatico
Nonfungible Tokens
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Nifty News: OpenSea dominance fades, Azuki skateboards fetch $2.5M and more
The largest NFT marketplace is facing headwinds from its competition as OpenSea sees its market share slip whilst its rivals gain significant ground. Go to Source Powered by WPeMatico
IRS introduces broader ‘Digital Assets’ category ahead of 2022 tax year
An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new ‘Digital Asset’ category. Go to Source Powered by WPeMatico
Bored Ape creators and other NFT projects investigated by SEC probe
A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.” Go to Source Powered by WPeMatico
Critics can’t stop NFTs from becoming a mainstay of daily life
Nonfungible tokens are about more than Bored Apes. They fulfill a host of functions better than existing systems. Go to Source Powered by WPeMatico
Illuvium co-founder shares plans for new ‘interoperable blockchain game’ model
Illuvium’s co-founder says they want to build a series of blockchain games connected to each other, forming an ecosystem of interconnected titles which share NFTs. Go to Source Powered by WPeMatico
Bored Apes, Moonbirds to feature on NFT-customized Mastercard debit cards
The customizable card will only support NFT avatars from select blue chip collections, subject to Mastercard’s design standards and an owner verification process. Go to Source Powered by WPeMatico
Throw your Bored Apes in the trash
From carrying medical data to streamlining royalty payments, NFTs serve a variety of important technological purposes. Bored Apes are a demeaning distraction. Go to Source Powered by WPeMatico
Crypto developers should work with the SEC to find common ground
Developers, investors and regulators can establish best practices and raise the quality of cryptocurrency development by working together. Go to Source Powered by WPeMatico
Bored Ape prices are down, but the NFT market is headed for new heights
One study indicated the NFT market is headed for a $230 billion valuation by 2030 — an increase of more than 20 times compared to its height in 2021. Go to Source Powered by WPeMatico
