NFT Marketplaces Under Investigation By The United States SEC Over Security Breaches
The US SEC is keen on knowing how some NFT marketplaces operate. NFT marketplaces are being purportedly investigated for securities breaches by the United States Securities and Exchange Commission (SEC), led by Chairman Gary Gensler, according to Bloomberg’s insight. According to the report’s unidentified sources, the SEC is looking into whether “some nonfungible tokens… are […]
Former employees of ConsenSys file for audit, alleging “severe irregularities”
“Joseph Lubin owns a majority stake in ConsenSys. The deal was to the injury of CAG’s minority shareholders and to Joseph Lubin’s personal gain,” the organization claimed. A group claiming to represent 35 former ConsenSys AG (CAG) employees has requested an audit under the Swiss Code of Obligations to look into “severe irregularities” the business […]
Bob Dylan goes meta as Sony and Universal collaborate with Snowcrash NFT platform
Snowcrash, a Solana-based NFT marketplace, has announced that Sony Music and Universal Music Group, the world’s two largest music companies, have joined forces with the future platform. Snowcrash, a Solana-based NFT marketplace, will distribute Bob Dylan and Miles Davis NFT sets later this year. Later this year, the two music companies will release NFT collections […]
NFTs Buyers Fall Below 800,000 As Searches Suffered A Great Decline
The month of February had several 796,009 NFT buyers, which accounts for about $2.6 billion worth of sales. This is a great decline from what was recorded months before. NFTs buyers in February fell below 800,000 in their number, for the first time since October, and nonfungible search volume fell dramatically. According to CryptoSlam data, […]