Pudgy Penguins NFT holders have amassed significant rewards from a series of lucrative airdrops over the past year. The latest data suggest that this figure could be around $137,000 per NFT at peak valuations. Pudgy […]
American film producer, record executive and art collector David Geffen has hit back at crypto entrepreneur Justin Sun in a countersuit disputing ownership claims over a multimillion-dollar sculpture. The billionaire American media mogul filed a […]
Eliza Labs, the developer behind the AI agent framework ai16z, announced the launch of auto.fun, a new no-code platform allowing users to launch AI agents on Web3 applications. Auto.fun allows for the creation, deployment and […]
Closing the four-year legal battle opens a new chapter for XRP mainstream adoption, catalyzed by Ripple Labs’ payment products.XRP price must hold above the support level of about $2 to invalidate further market correction. The […]
In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The […]
Non-fungible token (NFT) giant OpenSea has halted its newly introduced airdrop reward system following widespread criticism from its user base. The move comes after concerns were raised regarding the platform’s experience points (XP) system, which […]
Today in crypto, a non-fungible token (NFT) trader could face up to six years in prison after pleading guilty to underreporting nearly $13 million in profits from trading CryptoPunks, crypto gaming and gambling campaigns are […]
An investor has sold a CryptoPunk non-fungible token (NFT) at a nearly $10 million realized loss, reflecting the continued decline in the once-booming blue-chip NFT market. A whale, or large cryptocurrency investor, sold a CryptoPunk […]
New York could soon accept cryptocurrency such as Bitcoin and Ethereum as a means of payment for state-related services. A new bill, Assembly Bill A7788, was recently proposed by Assemblyman Clyde Vanel. The bill seeks […]
Non-fungible token marketplace OpenSea has urged the US Securities and Exchange Commission to exclude NFT marketplaces from regulation under federal securities laws. The SEC needs to “clearly state that NFT marketplaces like OpenSea do not […]
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