The United States Securities and Exchange Commission (SEC) has implemented its first non-fungible token (NFT) enforcement action against Los Angeles-based firm, Impact Theory. Based on the regulatory agency, Impact Theory sold its NFTs as unregistered securities, a violation of federal law. This action ended in a legal settlement that needs Impact Theory to establish a… Continue reading SEC Implements First Enforcement Action In The NFT Industry
Tag: NBA Top Shot
Mark Cuban Makes A Splash, Transforms His Book Into An Epic NFT Adventure
Mark Cuban is now making waves by venturing further into the Web3 sector by changing his book into a nonfungible token (NFT). Here is what it is all about. The billionaire investor and entrepreneur from the Shark Tank TV show is making headlines with his latest venture into the crypto world. Interestingly, he is taking… Continue reading Mark Cuban Makes A Splash, Transforms His Book Into An Epic NFT Adventure
Bearish Sentiment Pressures Ethereum NFTs As Transactions Plunge Below 1 Million
Against most of the popular beliefs that the transition to proof-of-stake will assist in reviving all the metrics of the Ethereum ecosystem, a majority of its metrics remain significantly down. Recently, interest in Ethereum non-fungible tokens (NFTs) seems to be plummeting. That is despite the continued dominance of Ethereum NFTs in the digital art sector.… Continue reading Bearish Sentiment Pressures Ethereum NFTs As Transactions Plunge Below 1 Million
NFTs Are The ‘Future Of Digital Assets’ In Sports – PwC Report
Non-fungible tokens (NFTs) have attracted more use cases in the sports industry in the past few weeks, with a new report now suggesting that a lot of people use them to track how fans use various sports and interact with their favorite teams. Price Waterhouse Coopers (PwC), an American-based advisory and consultancy firm, has published… Continue reading NFTs Are The ‘Future Of Digital Assets’ In Sports – PwC Report