HMRC UK seizes 3 NFTs linked to a tax evasion fraud case
HM Revenue and Customs (HMRC), the UK’s main tax body, has confiscated three nonfungible tokens (NFTs) linked to a possible tax evasion scheme. The accused used fake identities and created 250 fake ‘shell’ companies to carry out the crime. The tax watchdog claimed to be the first law enforcement organization in the United Kingdom to seize […]
YouTube to explore NFTs and Web 3.0
YouTube expressed a positive view of Web 3.0 technologies like blockchain and NFTs for content providers in a blog post on Thursday 10th February 2022. “Web3 opens up new opportunities for creators. We believe new technologies like blockchain and NFTs can allow creators to build deeper relationships with their fans. Together, they’ll be able to collaborate […]
GameStop stock price surge on rumours of a partnership with Microsoft for NFT
Rumours are bad but might in some ways be good, the stock price of GameStop (GME), a popular video game retailer, jumped nearly 13% in one day amid online rumours of a partnership with Microsoft to work on Non-fungible tokens (NFT). According to TradingView data , GME is currently trading at $115.60 as of market […]
Picasso’s Great-Grandson Is Having a Difficult Time Selling His ETH NFTs
Florian Picasso, the late Spanish painter’s great-grandson, recently began selling NFTs inspired by his grandfather’s work. The majority of the NFTs remain unsold when Florian was compelled to clarify that they were not official Pablo Picasso NFTs due to a family conflict. NFTs by Pablo Picasso? While that may seem certain to some collectors, the […]
Binance and K-Pop Leader YG entertainment partners to launch eco-friendly NFTs
The Binance and YG entertainment partnership will work on a variety of blockchain initiatives including metaverse, gaming potential, and also the development of environmentally friendly NFTs. Binance, the world’s largest cryptocurrency exchange, has inked a Memorandum of Understanding (MoU) with major South Korean international entertainment firm YG Entertainment Inc. in order to build a strategic […]