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IRS Considers Treating NFTs as Taxable Collectibles, Raising Concerns for Digital Asset Owners
22.3.2023
NFT holders are on edge following an announcement by the IRS that they're reaching final rules surrounding the taxation of NFT assets.
The central proposal is to treat NFTs in the same way as collectibles such as fine wine, art, or stamps according to the document published by the US Internal...
Web3 Community Management Platform TYB Joins Shopify App Store
22.3.2023
TYB (Try Your Best) is built on the Avalanche blockchain and provides brands with tools to expand their customer loyalty programs
Undeads Announces the Prize Pool of MAYC, BAKC and Otherdeed NFTs for It’s Holders
22.3.2023
PRESS RELEASE. Dubai, UNITED ARAB EMIRATES, March. 22nd, 2023, Undeads Metaverse, a highly anticipated AAA Web3 game, is excited to announce a competition for Undeads NFT holders. The competition will be broken down into three prizes. The first prize is the coveted MAYC NFT, while the second prize...
Magic Eden Launches Bitcoin Ordinal Inscription Market, Partners With Hiro, Xverse to Bolster Support
21.3.2023
On Monday, the non-fungible token (NFT) marketplace Magic Eden announced the launch of Bitcoin Ordinal inscription support. Magic Eden said it has partnered with the wallets Hiro and Xverse to “bring a familiar wallet transaction experience to the marketplace.” Magic Eden’s...
Magic Eden Embraces Ordinals, Releases Bitcoin NFT Marketplace
21.3.2023
The popular NFT marketplace is integrating support for Bitcoin wallets Hiro and Xverse to help traders list, purchase and sell Ordinal NFTs
IRS calls for public feedback on taxing NFTs as collectibles
21.3.2023
Those wishing to offer feedback to the IRS on having NFTs treated as collectibles such as coins or works of art have until June 19 to submit comments
Sony Files Patent for NFTs to Allow Transfers Between Games and Consoles
21.3.2023
The move by the gaming giant aims to make assets more interoperable, not only between different games but also hardware like VR headsets, computers and different consoles, including non-Sony platforms like XBox
IRS Seeks to Tax NFTs Like Other Collectibles
21.3.2023
Digital proofs of ownership will be taxed like the underlying assets until rules on how to treat assets in retirement accounts are finalized
Web3 a hot topic at SXSW despite bear market and declining interest in NFTs
21.3.2023
Web3 was a major theme at SXSW 2023, yet previous hype around NFTs and building during a bear market may be contributing factors to Web3 adoption
Eva Beylin: NFTs Are Empowering to Artists
20.3.2023
The director of The Graph Foundation and a speaker at this year’s Consensus festival, on why NFT artists should get royalty payments and why online pseudonymity matters
Immutable and Polygon Labs Team Up to Expand the Web3 Gaming Ecosystem
20.3.2023
The strategic partnership is aimed at simplifying the process of onboarding game studios and developers into Web3
Best Crypto to Buy Now 20 March – LHINU, NEO, FGHT, STX, METRO, CCHG, TARO
20.3.2023
Bitcoin experienced an increase of almost 2% earlier today as fears of an ongoing banking crisis swept the markets. This pushed the digital asset to hit its highest level in nine months at $28,569 before declining to the current level of $27,803, with a loss of 0.89% so far today....
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Damex Releases in-App Utility Token Damex Token, Enables Users to Earn Rewards for Staking Tokens
20.3.2023
PRESS RELEASE. WATERPORT PLACE, GIB., March 20th, 2023 – Digital Asset Management Limited and the Damex group (“Damex” or “Damex.io”)), a Distributed Ledger Technology provider based in Gibraltar, recently announced its utility token IEO, the Damex Token ($DAMEX), which can be used within the Damex...
Baron Davis: Bringing Athletes to Web3
17.3.2023
The electric ex-NBA point guard is teaching sports clients to engage with communities using crypto tech
Could Legendary Hip Hop Platform DatPiff Serve as a Springboard for ‘Music NFTs’?
17.3.2023
In an age defined by disruption, legacy IP may hold the key to the next wave of digital culture, Gitcoin’s Azeem Khan writes
NFT Marketplaces Should Promote 'Underrepresented Artists and Art Forms'
17.3.2023
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Animoca Brands Co-Founder: Royalties Make It Possible for NFT Projects to Flourish
17.3.2023
The computer gaming firm supports royalties and by removing them, it would only “send the industry backwards, co-founder Yat Siu, said
Animoca Brands Co-Founder: Royalties Make It Possible for NFT Projects to Flourish
17.3.2023
The computer gaming firm supports royalties and by removing them, it would only “send the industry backwards, co-founder Yat Siu, said
Meta’s NFTease and AI’s Impact on Web3
17.3.2023
Meta Platforms announced it was ending its support for NFTs after less than a year from its initial test program. The move is a setback for Web3 creators who use social media to promote their art and interact with their community – and signals that Meta maybe hasn’t yet figured out how to dive into...
Web3 Offers a Cure to Toxic Pop Culture
17.3.2023