Yuga Labs’ Acquisition of Proof Fuels Moonbirds NFT Sales Uptick

February 17, 2024 Bitcoin.com

BAYC

Friday saw Yuga Labs, known for creating the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) series, unveiled its acquisition of Proof, a notable NFT startup behind the Moonbirds collection. Kevin Rose, founder of Proof, will assume an advisory role within Yuga, and the startup’s team plans to integrate into the Yuga framework. Moonbirds NFT […]

Russia Cautious on Tokenizing Real-World Assets

Number of Non-Fungible Token Mints on the XRP Ledger Surged by More Than 400% in 2023 Q4, According to Ripple

February 10, 2024 The Daily Hodl

Daily Hodl

Non-fungible token (NFT) activity is exploding on the XRP Ledger (XRPL), according to a recent update from Ripple. In a new quarterly report, Ripple notes that more than half of all the NFTs ever minted on the XRPL since the release of the XLS-20 standard in 2022 happened in the fourth quarter of 2023. The […]

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Russia Cautious on Tokenizing Real-World Assets

Dogecoin Developer Deploys Classic First-Person Shooter ‘Doom’ on DOGE Network – Here’s How

January 25, 2024 The Daily Hodl

Altcoins

A Dogecoin (DOGE) developer is powering an old school first-person shooter on the memecoin’s network using “doginals” – the dog-themed asset’s version of Bitcoin (BTC) ordinals. In a new thread, developer Mini Doge says he’s deployed Doom, a ’90s game that pits players against demons on Mars, using doginals. Doginals permanently inscribe information on small […]

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Russia Cautious on Tokenizing Real-World Assets

Avalanche (AVAX) To Go Ape? Ethereum-Rival Aims To Promote Memecoins With New Culture Catalyst Initiative

December 29, 2023 The Daily Hodl

Altcoins

One rival of smart contract platform Ethereum (ETH) is shifting its culture to focus on promoting tokens it says are inspired by internet culture and humor. In a new announcement, layer-1 blockchain Avalanche (AVAX) says that it intends to start promoting its Culture Catalyst initiative, which launched last year and aims to support memecoins, gas […]

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Russia Cautious on Tokenizing Real-World Assets

International Soccer Star Cristiano Ronaldo Hit With $1,000,000,000 NFT Class-Action Lawsuit: Report

December 1, 2023 The Daily Hodl

International Soccer Star Cristiano Ronaldo Hit With ,000,000,000 NFT Class-Action Lawsuit: Report

Binance

One of the biggest stars of the most popular sport in the world is being sued in a class action lawsuit over his involvement with Binance non-fungible tokens (NFTs). According to a new Associated Press report, Portuguese soccer star Cristiano Ronaldo (CR7) is on the receiving end of a $1 billion class-action lawsuit for promoting NFTs […]

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Russia Cautious on Tokenizing Real-World Assets

SEC Says ‘Stoner Cats’ Are Unregistered Securities in New NFT Enforcement Action

September 13, 2023 The Daily Hodl

crypto

The U.S. Securities and Exchange Commission (SEC) has filed charges against Stoner Cats, a non-fungible token (NFT) collection backed by actress Mila Kunis, which it has deemed as unregistered securities. In a new press release, the regulatory agency says it is charging Stoner Cats, which raised $8 million thus far to finance an animated web […]

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Russia Cautious on Tokenizing Real-World Assets

New US Accounting Rules for Digital Asset Firms and Companies Holding Bitcoin and Crypto Assets Announced: Report

September 8, 2023 The Daily Hodl

Bitcoin

The Financial Accounting Standards Board (FASB), the organization that sets accounting standards in the US, is reportedly green-lighting new rules for measuring the value of crypto assets on a company’s balance sheet. According to Bloomberg, the FASB on Wednesday unanimously voted in favor of new rules that will require companies that hold or invest significant […]

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Russia Cautious on Tokenizing Real-World Assets

SEC’s Hester Peirce Blasts Agency’s First NFT Lawsuit, Says Enforcement Action Raises Many Difficult Questions

August 30, 2023 The Daily Hodl

Daily Hodl

Two commissioners at the U.S. Securities and Exchange Commission (SEC) are blasting their own agency for recently charging a company with securities violations in relation to the sale of non-fungible tokens (NFTs). The SEC announced formal charges earlier this week against the Los Angeles-based entertainment company Impact Theory for allegedly offering NFTs as an “unregistered […]

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Russia Cautious on Tokenizing Real-World Assets

SEC Says NFTs Are Securities in Lawsuit Against Los Angeles Entertainment Company Impact Theory

August 28, 2023 The Daily Hodl

Daily Hodl

The U.S. Securities and Exchange Commission (SEC) is charging a widely followed media company with securities violations in relation to the sale of non-fungible tokens (NFTs). The SEC is announcing formal charges against the Los Angeles-based entertainer Impact Theory for allegedly offering NFTs as an “unregistered offering of crypto asset securities.” “[The SEC] today charged Impact […]

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Russia Cautious on Tokenizing Real-World Assets

NFT Trader Nets 800 Ethereum (ETH) Worth Almost $1,500,000 After Executing Perfect Plan To Trick Bot

August 7, 2023 The Daily Hodl

NFT Trader Nets 800 Ethereum (ETH) Worth Almost ,500,000 After Executing Perfect Plan To Trick Bot

Altcoins

A savvy trader has admitted to bagging $1.5 million worth of Ethereum after outsmarting a bot on non-fungible token (NFT) marketplace Blur. Pseudonymous trader Hanwe Chang said that he noticed someone using a bot to copy all of his trades on Blur, and formulated a plan to take advantage. As explained by pseudonymous trader A-Raving-Ape.eth […]

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