Fungible is another word for interchangeable. Bitcoin BTC, ether, and solana are fungible tokens because they are all the same. It should make no difference to a buyer which one he or she owns. If ...
The collection, called “Artifacts by SCMP”, offers its first drop of the “1997 Premium Series”, which has 1,300 unique mystery boxes, containing five random NFTs of the Post’s front pages from 1 ...
NFTs were the darling of the Web3 world in 2021 and 2022. A sudden surge in interest set sales soaring, with the highest hitting a record-breaking $91.8 million. The NFT “Merge,” which was created by ...
A team of researchers have crunched the numbers to explain why you don’t see people hawking ugly cartoon apes on the internet as much anymore: NFTs, or non-fungible tokens, once vaunted as a ...
Until fall 2023, there were few SEC enforcements or litigations involving securities issues with non-fungible tokens (“NFTs”). This has changed dramatically. In rapid succession last fall, the SEC ...
NFTs entered the market with a grand explosion, generating absurd amounts of hype and completely taking over social media. But a combination of factors, including oversaturation and general pessimism ...
The music industry in the U.S. has changed significantly in recent years. The market’s total revenue, encompassing recording, live and publishing segments, is estimated at $20 billion. As of 2022, ...
NFTs have exploded in popularity, but with that growth comes new tax challenges. From IRS and CRA guidance to global compliance, this article explores how NFT transactions are taxed and what ...
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