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Category: NFT News

As NFTs Mania Hits a Crescendo, Crypto Executives Warn of ‘Imminent’ Regulatory Crackdown

Governments around the world may start to clamp down on non-fungible tokens (NFTs) by introducing stringent laws to regulate their trade, according to three crypto executives.

The post As NFTs Mania Hits a Crescendo, Crypto Executives Warn of ‘Imminent’ Regulatory Crackdown appeared first on BeInCrypto.

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Coinbase NFT marketplace owns dominance with 1M sign ups in a day

Coinbase CEO, Brian Armstrong revealed on Twitter today that Coinbase’s exclusive NFT marketplace has had 1 million sign-ups since yesterday and the platform further continues counting. Earlier this week, Coinbase Global Inc. launched its Non-Fungible Token (NFT) marketplace for digital artists and creators. Over 1M people have signed up for Coinbase NFT since we launched

The post Coinbase NFT marketplace owns dominance with 1M sign ups in a day appeared first on Coingape.

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Coinbase Joins the Bandwagon, Floats its NFT Marketplace

Nasdaq-listed digital currency trading platform, Coinbase Global Inc has unveiled its Non-Fungible Token (NFT) marketplace for digital artists and creators, joining its competing marketplaces including Binance and FTX Derivatives exchange in floating a similar platform. The exchange said the platform will facilitate the buying and selling of digital artworks that are resident on the blockchain

The post Coinbase Joins the Bandwagon, Floats its NFT Marketplace appeared first on Coingape.

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NFT News: TikTok’s first NFT series is here and live for auction

The viral short video application, TikTok’s NFT series “TikTok Top Moments”, has gone live with its first collectible today, auctioning at 6ETH, at the time of reporting. The Non-Fungible Token (NFT) incorporates a video of the Detroit rapper, Curtis Roach’s popular tune to “Bored in the House”, featuring him along with an animated layout of

The post NFT News: TikTok’s first NFT series is here and live for auction appeared first on Coingape.

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UK Gambling Commission (UKGC) issues notice against this NFT platform’s unregistered status

After cracking down on cryptocurrencies, UK regulators are now coming for Non-Fungible Tokens (NFTs). The UK Gambling Commission (UKGC) has issued a notice against the French NFT start-up, Sorare, stating that the platform is operating without a UK gambling license. While UKGC has not taken any legal action against Sorare, yet in its ‘consumer information

The post UK Gambling Commission (UKGC) issues notice against this NFT platform’s unregistered status appeared first on Coingape.

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This Ex-Arsenal Superstar is launching his cryptocurrency to promote his clothing brand

The German football legend, Mesut Özil, who left the Emirates for Fenerbahce and started his clothing brand, M10Streetwear is launching his own cryptocurrency to further market his clothing venture. According to The Sun publications, Ozil’s latest tweet with Bitcoin’s glowing eyes symbol on his image, that noted, “exciting things coming soon”, is the football celebrity’s

The post This Ex-Arsenal Superstar is launching his cryptocurrency to promote his clothing brand appeared first on Coingape.

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Pro Football Association Curbs Crypto Investments by Players, Likened to Gambling

A new report details a significant cause for concern regarding the prolificity of professional soccer players getting into financial troubles as a result of investing in crypto.

The post Pro Football Association Curbs Crypto Investments by Players, Likened to Gambling appeared first on BeInCrypto.

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Can a Convicted Art Forger Become Next Big Thing in NFTs?

Wolfgang Beltracchi is a well-known and previously convicted art forger. Beltracchi is also the most recent member of the non-fungible token (NFT) creators club. The German faker of fine arts has previously served prison time for his crimes but is putting his skills to good use with a digital art collection.

The post Can a Convicted Art Forger Become Next Big Thing in NFTs? appeared first on BeInCrypto.

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NFT News: McDonald’s China launches its first ever NFT

Amid the expanding wave of the crypto ban, McDonald’s China has launched its first Non-Fungible Token (NFT), “Big Mac Rubik’s Cube”, today. This launch has come in lieu of commemorating McDonald’s 31st anniversary in the Chinese mainland market. Furthermore, according to the burger franchise’s announcement, their NFT launch also marks the official opening of its

The post NFT News: McDonald’s China launches its first ever NFT appeared first on Coingape.

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FTX (FTT) Price Analysis: Here’s Why FTT Token Price May Go Parabolic in Next Few Months

Centralized and Decentralized Exchange tokens such as Binance BNB, Uniswap UNI, and Sushiswap SUSHI dominate the asset category. However, many traders and investors have been longing to know if the FTT token of the FTX exchange can create an upset in the crypto derivatives exchange category. Although the BNB and UNI token set the pace

The post FTX (FTT) Price Analysis: Here’s Why FTT Token Price May Go Parabolic in Next Few Months appeared first on Coingape.

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Axie Infinity (AXS) Price Analysis: Rising momentum for New All Time High ATH

Led by the famous venture capital firm, Andreessen Horowitz, Sky Mavis studio, the creators of Axie Infinity recently raised 152 million USD in a Series B round. The move reinforced Axie Infinity as the largest NFT project by trading volume. Last week’s launch of AXS staking functionality, unlocks new rewards to users that lock up

The post Axie Infinity (AXS) Price Analysis: Rising momentum for New All Time High ATH appeared first on Coingape.

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Polygon to Raise Network Fees as a Measure Against Spam Transactions

Polygon will raise its network fees to 30 Gwei from 1 Gwei, co-founder Sandeep Nailwal revealed in a forum post. The network is also doubling down on its foray into non-fungible tokens (NFT) with an integration on the OpenSea marketplace.

The post Polygon to Raise Network Fees as a Measure Against Spam Transactions appeared first on BeInCrypto.

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