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Welcome to the latest edition of Cryptox’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Every Wednesday, the Nifty Newsletter informs and inspires you to dig deeper into the latest NFT trends and insights.In this week’s newsletter, the United States Securities and Exchange
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The United States Securities and Exchange Commission (SEC) has charged a media and entertainment company with conducting unregistered securities sales when it sold nonfungible tokens (NFTs) to investors between October and December 2021. Impact Theory, a Los Angeles-based company that produces entertainment and educational content, including several podcasts, allegedly raised almost
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The NFT sales have been constantly dropping since early 2022. The floor prices of some of the top NFT collections plunged further over the past week. According to data provided by CoinGecko, over the past week, the
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PayPal has announced a temporary suspension of cryptocurrency sales within the United Kingdom for a minimum of three months, commencing on October
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Early Thursday morning, DeGods revealed its plans for its “Season III” of the collection, which will add 20,000 new artworks to the collection. Not only will DeGods be adding female PFPs to the project that are swappable for male PFPs, but they will also be removing traits from NFTs that
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“I’m sad about what happened to NFTs and crypto, because it got polluted fast with people trying to make as much money as possible,” Grimes told Wired. “But I do want to think about compensating artists, especially digital artists. And I hope when the aggro niche dies down, we can
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The DappRadar report also noted that the shifts in trading volume and network activity may be partially attributed to “the emerging popularity of 'low barrier entry' NFTs. These assets, smaller in individual value, cater to a wider audience,” and “a broader shift in the NFT market towards platforms that offer
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Ripple’s sales in 2023 have caused mixed feelings for members of the Ripple community, with many considering it bullish for the network while others see it as detrimental to XRP’s price action. What Has Happened With Ripple’s Sales? Compared to 2022, Ripple sold 37% more XRP per month in 2023, and a
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On its face, the retail sales report from the U.S. Census Bureau for June showed some weakness, with the headline number rising 0.2% last month versus forecasts for 0.5% and May's 0.5%. However, the retail sales "control group" – which filters out some components to compile a more precise gauge
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The jobs market remains strong, a concern for the U.S. central bank which seems intent on raising the Federal Funds rate 25 basis points. Source
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