Philippine agency empowers youth with blockchain and NFT education

The Philippines DOST-ASTI introduced blockchain, NFTs and crypto to youth, focusing on real-world applications and fostering innovation for the future.

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Why is the SEC going after digital art and monkey pictures? Law Decoded

OpenSea faces SEC scrutiny as the debate over NFTs as unregistered securities heats up, causing a stir in the crypto world.

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Monthly NFT sales fall below $400M, marking yearly low

NFTs saw a sharp decline in August 2024, with monthly sales dropping to $374 million the lowest this year.

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Infinex NFTs top $40M sales in first four days, despite NFT bear market

The Framework Ventures-backed platform has surpassed $150 million in TVL, despite a wider downtrend in the NFT market.

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SEC commissioners argue securities laws are unnecessary in Flyfish NFT case

SEC Commissioners Hester M. Peirce and Mark T. Uyeda criticized the regulator’s enforcement action against the Flyfish Club non-fungible token (NFT) collection. In a Sept. 16 letter, the commissioners argued that securities laws are not applicable in this case. Flyfish Club, a dining establishment, sold NFT as exclusive access to a future restaurant and bar. […]

The post SEC commissioners argue securities laws are unnecessary in Flyfish NFT case appeared first on CryptoSlate.

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Digital Chamber urges US crypto users to support new NFT bill

Crypto advocates urged Americans to help the industry flourish without "misapplied" securities regulations. 

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Mint Blockchain Sees Surge In NFT Activity With Over $294K In Trading Volume In 30 Days

Mint Blockchain is rapidly becoming one of the fastest-growing Layer 2 networks, with bridge deposits up 10.7% in the past week. In addition to its growing presence, the platform has seen remarkable activity in its NFT market over the past 30 days, solidifying its position as a key player in […]

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Industry leaders a16z, OpenSea pledge $6 million to shield NFT artists from legal threats

The Stand With Crypto Alliance, a Coinbase-backed non-profit organization, is leading efforts to establish the Creator Defense Fund initiative that has raised $6 million from venture capital firm Andreessen Horowitz (a16z) and NFT marketplace OpenSea. According to a Sept. 13 press release, a16z contributed $1 million to the fund, while OpenSea pledged the remaining $5 […]

The post Industry leaders a16z, OpenSea pledge $6 million to shield NFT artists from legal threats appeared first on CryptoSlate.

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UK Introduces Bill to Classify Crypto and NFTs as Personal Property

The UK has introduced a bill to classify cryptocurrencies and NFTs as personal property, enhancing legal protections for owners and clarifying their legal status. (Read More)

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GONDI V3 Reimagines NFT Lending, Delivering Unmatched Flexibility And Precision

GONDI, Ethereum’s premier decentralized NFT lending protocol, is being upgraded to GONDI V3. Backed by Pantera, Dragonfly, and Foundation Capital,w…

The post GONDI V3 Reimagines NFT Lending, Delivering Unmatched Flexibility And Precision first appeared on The Crypto Basic.

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Chainlink Drops by 64% In 5 Months, LINK Holders Unfazed: They Are Rapidly Accumulating

Yesterday, August 5, LINK, the native currency of Chainlink, a decentralized Oracle provider, plunged to a six-month low. Changing hands at around $8, LINK fell by 64% from March highs, breaking out from a bull flag, signaling weakness. The correction was across the board, and leading altcoins like Solana and Cardano also posted sharp losses. [...]

The post Chainlink Drops by 64% In 5 Months, LINK Holders Unfazed: They Are Rapidly Accumulating appeared first on Crypto Breaking News.

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Why is the SEC going after digital art and monkey pictures?

The SEC has targeted the largest NFT marketplace for unregistered securities trading, and the crypto community is outraged.

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SEC's Wells Notice to OpenSea Sparks Debate Over NFTs as Securities

The SEC's Wells Notice to OpenSea raises questions about whether NFTs should be classified as securities, potentially impacting the future of digital art and collectibles. (Read More)

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OpenSea vs. SEC: The Battle Over NFT Regulation Intensifies

In a dramatic ramping up of its regulatory actions, the U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to OpenSea, a warning that the regulator intends to sue the leading NFT marketplace. According to the SEC’s opinion, the NFTs exchanged on the OpenSea platform might be considered securities, a step that would […]

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Trump's 4th NFT collection sees $2.2M in sales

Donald Trumps latest NFT collection sparked criticism, with some describing the former presidents crypto push as a grift. 

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OpenSea CEO vows to fight SECs NFT crackdown with $5 million defense fund

OpenSea CEO Devin Finzer announced that the firm received a Wells Notice from the US Securities and Exchange Commission (SEC) because the regulator considers the NFTs on its platform securities. In an Aug. 28 statement on X, Finzer expressed surprise at the SEC’s broad action against creators and artists. He stated: “We’re shocked the SEC […]

The post OpenSea CEO vows to fight SEC’s NFT crackdown with $5 million defense fund appeared first on CryptoSlate.

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Trumps new NFT series America First features Bitcoin-linked digital cards

Former US President Donald Trump revealed a new set of non-fungible tokens (NFT) via a Truth Social post on Aug. 27. Like the previous installments, the cards are issued by NFT International LLC and cost $99 each. Similar to previous Trump-inspired collections, the Series 4: The America First Collection features 50 digital cards containing images […]

The post Trumps new NFT series ‘America First’ features Bitcoin-linked digital cards appeared first on CryptoSlate.

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Web3 Gaming Revolution: Insights from Immutable (IMX) Ambassadors

Discover the transformation of gaming through Web3 as Immutable (IMX) Ambassadors share their journeys and insights, highlighting the benefits of true asset ownership. (Read More)

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$24M CryptoPunk NFT sold quietly as market interest fades

The actual sale amount was not disclosed, leading community members to speculate that the NFT was sold at a loss. 

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Base hits 4M active addresses amid Onchain Summer campaign

Base said it had allotted 600 ETH, worth $2 million, for developers who would build on the blockchain from June to August this year. 

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