16 / 19 Relevant items tagged with #NFTs

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Meta’s NFTease and AI’s Impact on Web3

[Mar 17, 2023 1:00 PM] 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 Winding Down Support for NFTs on Facebook, Instagram

[Mar 15, 2023 1:30 AM] U.S. tech giant Meta is giving up on operations with non-fungible tokens (NFTs) amid ongoing turbulence in the crypto space. The company allowed creators to share digital collectibles on its leading social media platforms last year. Meta Platforms…

What are Bitcoin ordinals?

[Mar 9, 2023 2:20 AM] Bitcoin ordinals have been the most hyped-up Web3 trend of 2023 so far. How do ordinals compare to traditional NFTs, and what are the opportunities?

NFT Creators Investigated in Israel for Alleged Tax Evasion

[Mar 6, 2023 1:30 AM] Israel’s tax authority is after two creators of non-fungible tokens (NFTs) suspected of failing to report almost $2.2 million in revenue. The news of the investigation comes after the recent arrest of a graphic designer from Tel Aviv accused…

This Report Claims Bitcoin NFT Market Will Grow By 2025, But How?

[Mar 4, 2023 5:53 AM] Galaxy Digital’s research unit believes that Bitcoin NFT marketplace will grow to a $4.5 billion market cap. From their projections, these growth figures will emerge by March 2025. NFTs have become increasingly popular across several blockchains…

Puerto Rico Defines Act 60 Tax Exemptions for Blockchain Companies

[Mar 1, 2023 6:30 AM] The Economic and Commerce Development Department of Puerto Rico (DDEC) has issued a document in which it defines the rules that blockchain projects must follow to receive tax benefits that the state offers companies. The action seeks to create an…

Yuga Labs To Mint 300 NFTs On Bitcoin, Will It Be A Gamechanger?

[Feb 28, 2023 4:08 AM] Yuga Labs, the company behind the Bored Ape Yacht Club (BAYC) collection, will mint Ordinals inscriptions, similar to non-fungible tokens (NFTs), on the Bitcoin network. Yuga Labs To Mint TwelveFold NFTs On Bitcoin In an announcement on February…