China To Launch First Regulated NFT Marketplace Next Week
China will launch its first regulated platform that will serve as a secondary market for NFT and digital asset copyrights. According to a report from the local news source Sina News that was released on December 28, China will launch its first regulated platform for trading nonfungible tokens (NFT) on January 1, 2023. The state-owned […]
Italy will create crypto art Renaissance: NFT market report
Research and Market’s latest NFT market report for Italy predicts a 47.6% growth in the country’s NFT market by the end of 2022. With centuries of history, art, and culture, Italy is one of Europe’s cultural centers. According to a recent analysis, the nonfungible token (NFT) market is now positioned to usher in a cryptographic […]
Cuban NFT artist blocked from Opensea to comply with sanctions
OpenSea, the world’s largest marketplace for NFT, said that it’s banning digital artists from all countries sanctioned by the United States. OpenSea, a nonfungible token (NFT) platform, has been prohibiting artists and collectors from Cuba, primarily due to US sanctions.30 artists and collectors have reportedly been barred from the well-known NFT marketplace up until this […]
OpenSea users face NFT private auction scam
Phishing sites are making the private auction feature look like a way to log in, luring victims to give up their NFT unknowingly. As nonfungible tokens (NFT) gained popularity, bad actors who frequently attempt to take advantage of individuals within the ecosystem have increased in activity. Currently, NFT holders are at risk due to a […]
Metamask, Gnosis DAO Collaborate on Soulbound Token Project
Soulbound token project from Cobo, MetaMask Institutional and Gnosis Safe is bringing new NFT exclusivity and proof of identity to users. For users and projects to define themselves in virtual reality, soulbound tokens (SBTs) are establishing themselves as a cornerstone in the Web3 domain. A new SBT project that brings together titans of the cryptocurrency […]