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In the ever-dynamic world of digital art, the sale of the NFT artwork “$LAVE” by XCOPY stands out, recently fetching a striking 315 ETH, equivalent to nearly $967,000 [$ETH 315]. This event underscores not only the value of digital art but also the unique characteristics of the blockchain technology that […]
Introduction to World Chain In a significant leap towards blockchain scalability and efficiency, Worldcoin has officially introduced World Chain, its bespoke blockchain designed to meet human-centric needs globally. This move is set to revolutionize how transactions are handled, prioritizing human interaction and reducing the technological bottleneck that has hindered blockchain […]
In a significant restructuring of its gaming portfolio, Yuga Labs, the visionary force behind the Bored Ape Yacht Club (BAYC), has sold its HV-MTL and Legends of the Mara games to the emerging Web3 gaming powerhouse, Faraway. This strategic move not only simplifies Yuga’s asset base but also sharpens its […]
Harnessing World-Class Creativity for the Blockchain Nifty Gateway is embarking on an exhilarating journey with the launch of Nifty Gateway Studio, setting the stage as a pioneering Web3 creative studio. This innovative platform is dedicated to crafting unparalleled creative experiences, deeply integrated with blockchain technology. The studio’s mission is clear: […]
Every Child Is An Artist: Little Dalí Edition Live on Nifty Gateway, Wednesday March 8 6 pm est (view full drop page here) Every Child is an Artist, by René Mäkelä, is a series of iconic figures represented as children. First created as physical paintings and now transitioning into the […]
April 5th, New York | The Crypt Gallery brings the web3 community together this upcoming NFT NYC week, with part 2 of King of Midtown’s NFT TOUR hosted on April 13th. Known for his ability to connect the digital art community irl, King is bringing together an impressive lineup of […]
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 […]