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NFT Project CyberKongz Vows To ‘Stand Up and Fight’ After Receiving Wells Notice From SEC

NFT Project CyberKongz Vows To ‘Stand Up and Fight’ After Receiving Wells Notice From SEC

The U.S. Securities and Exchange Commission (SEC) recently sent a Wells notice to CyberKongz, indicating the regulator plans to take enforcement action against the non-fungible token (NFT) project. CyberKongz announced the notice this week and says it plans to “stand up and fight” in response to the SEC’s crackdown. “We have been suffering in silence […]

The post NFT Project CyberKongz Vows To ‘Stand Up and Fight’ After Receiving Wells Notice From SEC appeared first on The Daily Hodl.

Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

Binance Triggers Rallies With Surprise Listing Announcement for Cat-Themed Memecoin and NFT Project

Binance Triggers Rallies With Surprise Listing Announcement for Cat-Themed Memecoin and NFT Project

One feline-inspired memecoin is surging after a surprise listing by Binance, the world’s largest crypto exchange in the world. In a new announcement, Binance says that Simon’s Cat (CAT) will be available for trade starting Tuesday over the BNB Chain (BNB). Amid the news, CAT is trading for $0.00006245 at time of writing, up nearly […]

The post Binance Triggers Rallies With Surprise Listing Announcement for Cat-Themed Memecoin and NFT Project appeared first on The Daily Hodl.

Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

NFT Buyers Vanish, but Sales Spike: Ethereum Dominates $224M Week

NFT Buyers Vanish, but Sales Spike: Ethereum Dominates 4M WeekOver the past week, non-fungible token (NFT) sales grew by 16.27% compared to the previous week, totaling $224.41 million across 22 different blockchains. Pudgy Penguins Lead NFT Charge, BNB Chain and Blast Show Growth Between Dec. 7 and Dec. 14, NFT sales climbed 16.27%, hitting $224.41 million. Ethereum led the charge with over $119 million […]

Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

NFTs start December with a $187M weekly sales volume

Pudgy Penguins recorded $25 million in sales, while CryptoPunks had a weekly volume of $16.5 million.

Non-fungible tokens (NFTs) started strongly in December, with Ethereum leading the top digital collectible blockchains in sales. 

On Dec. 8, NFT data tracker CryptoSlam showed that digital collectibles recorded a weekly sales volume of over $187 million in the first week of December, continuing an upward trend since October. The starting week in December surpasses digital collectibles’ strongest week in November when NFTs had a sales volume of $181 million. 

Since March, NFT volumes decreased before reaching their lowest point in September, when NFTs saw their lowest monthly sales volume since 2021. However, the asset class recovered in October. This was followed by a 57% month-on-month increase as NFTs saw volumes of over $562 million in November. 

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

Digital Collectibles Explode—Cryptopunks Soar 665% Amid $179M NFT Market Surge

Digital Collectibles Explode—Cryptopunks Soar 665% Amid 9M NFT Market SurgeWith crypto markets buzzing this week, non-fungible token (NFT) sales followed a similar trajectory, climbing an impressive 90.74% compared to the previous week. Ethereum and Bitcoin NFT Collections Fuel a $179M Weekly Bonanza From Nov. 9 to Nov. 16, NFT sales totaled $179.48 million, as reported by cryptoslam.io. Ethereum NFTs took the lead among 21 […]

Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

OpenSea users drop securities suit after marketplace demands arbitration

The lawyer for two OpenSea users who accused the platform of selling them securities told Cointelegraph they “had no choice but to dismiss the pending case.”

Two OpenSea users accusing the non-fungible token marketplace of selling unregistered securities have dropped their proposed class-action lawsuit after a judge allowed the firm to demand arbitration.

On Nov. 7, Anthony Shnayderman and Itai Bronshtein filed a voluntary dismissal of their securities suit against Ozone Networks, which does business as OpenSea, in a Florida federal court after Judge Cecilia Altonaga allowed OpenSea to file a motion to compel the pair into arbitration in an order last month.

OpenSea had held firm that it would compel the two users into arbitration, claiming in an October filing that they agreed to its terms of use that say all claims would be resolved by an arbitrator — including if the claims should be arbitrated in the first place.

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’

NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’

Leading non-fungible token (NFT) marketplace OpenSea says it is about to launch a major overhaul of its platform. In a post on social media platform X, OpenSea co-founder and CEO Devin Finzer says he has been working to rebuild the world’s largest NFT marketplace.  “We’ve been quietly cooking at @opensea. To really innovate, sometimes you […]

The post NFT Marketplace OpenSea Announces New Re-Build of Platform ‘From the Ground Up’ appeared first on The Daily Hodl.

Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan

Independence Day director creating TV series based on Web3 game

The show, which is based on the "Space Nation" game, plans to use non-traditional distribution channels such as second-window broadcasts for streamers. 

A live-action TV series based on the “Space Nation” Web3 game is in development with Hollywood director Roland Emmerich and producer Marco Weber leading the project. 

According to an exclusive report from Variety, the duo intend to explore the game’s history, lore, and setting through a live-action series, but they’re not developing it for a network or streaming site. 

Instead, the report indicates Emmerich and Weber are pursuing non-traditional distribution methods such as licensing series content for “second window streaming” — a picture-in-picture format where gamers would ostensibly stream the TV show while also streaming their live gameplay and/or commentary. 

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Bank of America ready to issue a stablecoin if regulations allow, says CEO Brian Moynihan