Brooklyn DA shutters 40 NFT scam sites after artist loses $135K
An investigation into the victim of an NFT scam led the Brooklyn District Attorney’s Virtual Currency Unit to discover and dismantle a network of fake NFT marketplace sites.This post was originally published on this site
Magic Eden faces backlash over US service segregation
Magic Eden’s US-exclusive domain introduces service restrictions, sparking frustration over feature limitations like airdrops.This post was originally published on this site
Magic Eden dominates NFT trading volume, surpassing Blur and OpenSea: CoinGecko
Magic Eden led the NFT market in August with $122.47 million in trading volume, securing 36.7% market share.This post was originally published on this site
Ripple lawyer slams SEC use of 'crypto asset security'
Ripple’s chief legal officer Stuart Alderoty says the term is “fabricated” with no legal basis. This post was originally published on this site
Immutable to shut down NFT marketplace
Immutable wrote that they would rather support marketplaces within the ecosystem than compete. This post was originally published on this site
DraftKings kills NFT business, citing 'legal developments’
It comes four weeks after a federal judge found DraftKings NFTs fell “within the meaning” of the Securities Act and Exchange Act and thus could be securities.This post was originally published on this site
Gaming blockchain Ronin records 2M daily active users: Token Terminal
Ronin blockchain surpasses every other blockchain in daily active users, recording a two million DAU count on July 29. This post was originally published on this site
NFT marketplace OpenSea to disable royalty enforcement tool
OpenSea’s royalty enforcement tool Operator Filter is going to be turned off, according to the NFT marketplace’s founder and CEO, Devin Finzer.This post was originally published on this site
Tragedy or rug pull? Inside the collapse of a ‘charitable’ NFT project
Orica NFT’s charity efforts have succeeded, but its tokenholders have not, and up until now, its co-founder was nowhere to be found. This post was originally published on this site
BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market
While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than 88% since the crypto asset’s all-time high recorded on February 14, 2023. Blur’s Native […]