NFTs

NFTs

Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

Song A Day creator recounts ‘tax nightmare’ after making millions from NFT sale

Singer-songwriter Jonathan Mann recently shared the story of how earning millions in Ethereum (ETH) during a one-hour sale of his NFTs eventually became a “tax nightmare.” Mann has published one song a day over the past 17 years and released his 6,000th song on June 5, which was about the purported nightmare resulting from the […]

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Yuga moves to kill ApeCoin DAO, transfer 8M in assets to new entity

Yuga moves to kill ApeCoin DAO, transfer $168M in assets to new entity

Yuga Labs has proposed dissolving the ApeCoin DAO and replacing it with a new governing body, ApeCo. This would mark a decisive shift in the management structure of one of Web3’s most recognizable token communities. Filed as an AIP proposal on June 5, the plan would sunset the DAO and transfer all major assets, including

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Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

Performance Art Duo Operator ‘Make Movement Collectible’ With NFTs

NFTs have provided digital artists with new ways to monetize their work by introducing scarcity to the market, but other creative fields can also benefit, performance art duo Operator told Decrypt. The performing arts have a “similar issue” to digital artists, explained Ania Catherine, who works with collaborator Dejha Ti as Operator. Prior to the

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NFT Lending Market Crashes 97% as Users and Loan Sizes Plummet

NFT Lending Market Crashes 97% as Users and Loan Sizes Plummet

Key Takeaways: NFT lending volume has plunged 97% from its 2024 peak, with borrowers and lenders retreating sharply. GONDI now dominates the sector, overtaking Blend by offering longer-term, stable lending backed by art NFTs. For revival, the market needs real-world use cases and utility-driven innovations beyond protocol tweaks. The NFT lending market has tumbled by

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Raoul Pal under fire for calling NFTs the ‘best long-term store of wealth’

Raoul Pal under fire for calling NFTs the ‘best long-term store of wealth’

Raoul Pal, CEO of Real Vision and a prominent voice in macro investing, has once again stirred debate in the digital asset space, this time by declaring NFTs the “single best long-term store of wealth.” The comment, made in social media comment screenshotted by the community, followed his broader thesis that currency debasement and exponential

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FIFA Kicks Off Avalanche L1 to Power Soccer NFT Collectibles Platform

FIFA Kicks Off Avalanche L1 to Power Soccer NFT Collectibles Platform

In brief FIFA is migrating its FIFA Collect digital collectibles platform from Algorand to its own dedicated blockchain built on Avalanche. FIFA Collect offers NFT-based digital collectibles based on key players and moments from international soccer competition. Avalanche enables developers to launch their own dedicated, customizable L1 or layer-1 chains. FIFA, the governing body of

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British Museum Puts Sculptures of Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

British Museum Puts Sculptures of Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

In brief Asprey Studio, in partnership with the British Museum, is creating 11 sterling silver sculptures based on Albrecht Dürer’s 1515 “The Rhinoceros,” each accompanied by a digital inscription on the Bitcoin blockchain. The 40cm solid silver sculptures take months to produce, and involve digitally sculpting the rhinoceros before cutting it into pieces that are

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President Trump confirms May 22 gala dinner for top TRUMP holders

President Trump confirms May 22 gala dinner for top TRUMP holders

President Donald Trump confirmed that a private dinner will be held on May 22 at Trump National Golf Club in Washington for the top 220 holders of his memecoin, TRUMP.  Trump made the announcement in a social media post on May 5. The event, organized by Fight Fight Fight LLC, a Trump-affiliated entity, will admit holders

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Mattel Hits the Brakes on Hot Wheels Virtual Garage NFTs

Mattel Hits the Brakes on Hot Wheels Virtual Garage NFTs

In brief Mattel has halted its Hot Wheels NFT drops, ending new releases “for the foreseeable future.” Marketplace and community features will stay online through at least 2025. The company said that it’s exploring future features, including NFT transfers and long-term strategy. Mattel has hit pause on its flagship Hot Wheels Virtual Garage NFT program,

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Claynosaurz Expands From Solana to Sui With New NFTs, Upcoming Game

Claynosaurz Expands From Solana to Sui With New NFTs, Upcoming Game

In brief Claynosaurz is expanding from the Solana blockchain to Sui for upcoming features and drops. A new NFT collection will be minted on Sui, and the chain will support the project’s achievements system. The upcoming Claynosaurz game will also release on the SuiPlay0X1 handheld device. Claynosaurz, an NFT-driven entertainment brand that first set up

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