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Polygon 2.0: The Evolution of the Internet’s Value Layer
As we navigate the complexities of the digital revolution, we are witnessing the birth of a new era in the cryptocurrency sphere. Polygon Labs announced the ambitious blueprint for Polygon 2.0 on June 12, 2023. This set of proposed upgrades is designed to radically reimagine almost every aspect of Polygon, […]
Introducing the MVP Soulbound Token: Celebrating Exceptional Community Members 🏆
Pudgy Media is thrilled to announce the launch of the MVP (Most Valuable Penguin) Soulbound Token, a special token that pays tribute to the outstanding individuals who exemplify what it means to be a true Pengu within the community. Previously known as Penguin of the Week, the MVP program has […]
Snoop Dogg Unveils Revolutionary Digital Tour Collectible
In a groundbreaking move, rap icon Snoop Dogg has recently revealed the Snoop Dogg Passport Series, an innovative digital tour NFT (non-fungible token) that grants exclusive access to his life on tour. The announcement, reported by Variety, has sent waves of excitement throughout the web3 community. Known as the first-ever […]
ApeCoin DAO Faces Backlash Over Salaries and Community Disconnect
ApeCoin DAO, the Web3 organization associated with ApeCoin, has recently come under fire for its high payouts and alleged detachment from the community. The DAO has been paying salaries and fees of up to $75,000 per month to its leadership board, leading to criticism of their remuneration practices. The controversy […]
Physical KodaPendants by Gucci and Yuga Labs Coming Soon!
Attention all KodaPendant holders! Prepare yourselves for a thrilling opportunity to claim a physical version of your beloved digital pendant. Gucci and Yuga Labs have announced the launch of a two-week claim window exclusively for KodaPendant owners, starting from June 21, 2023, at noon ET and ending on July […]
Navigating the Storm: U.S. Crypto Exchanges Face Regulatory Scrutiny
The cryptocurrency world in the United States is currently on a roller-coaster ride. Major players, Coinbase and Binance, have been caught in the crosshairs of the Securities and Exchange Commission (SEC). The regulatory body alleges these industry giants traded crypto assets deemed securities, which they claim should have been registered. […]
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SVS Launches the Minting of 8,888 Bat Companion NFTs in Time for Halloween
Transylvania, October 21, 2021 – The Sneaky Vampire Syndicate (“SVS”) has launched the minting of 8,888 Bat Companion NFTs following the successful launch of Generation 1 Vampires that generated over US$35 million of sales in its first week since launch. This is the second release of hand-drawn artwork under the […]
NFT Holders Beware: IRS Issues First Formal Guidelines on Taxation, Here’s What You Need to Know
The U.S. Internal Revenue Service (IRS) has recently issued its first formal notice outlining the taxation of non-fungible tokens (NFTs). The notice indicates that NFTs, which can represent both collectible and non-collectible assets, will be subject to a maximum long-term capital gains tax rate of 28% if they are considered […]
Remembering José Delbo: A Tribute to a Legendary Artist and NFT Pioneer
The world of comic books and NFT art mourns the loss of José Delbo, an iconic figure whose illustrious career spanned over seven decades. Delbo, who passed away at the age of 90 after a long illness, leaves behind a legacy that bridges the golden era of comics with the […]